S&P 500 – News Stories About S&P 500 - Page 61

MARKET Open

Nov 14, 2008 8:46 AM CST

Stocks Sink on Record Retail Plunge

Host of negative news hurts markets

(Newser) - Stocks tumbled at the open today, after a raft of negative news overshadowed yesterday’s big rally. The Dow fell 128 points, while the Nasdaq and S&P shed 2% and 1.8% respectively. The Dow shot up more than 500 points yesterday, but today brought a dismal quarterly report...

Stocks Fight Back; Dow Up 553

MARKETS

Nov 13, 2008 3:35 PM CST

Stocks Fight Back; Dow Up 553

Index off more than 300 early on ugly jobs news

(Newser) - Stocks rallied late today, overcoming the report of a big jump in weekly jobless claims that pushed the Dow briefly below 8,000 earlier in the session, MarketWatch reports. Amid mixed earnings reports and generally downbeat forecasts, the Dow gained 552.59 to close at 8,835.25. The Nasdaq...

Soaring Jobless Claims
Leave Stocks Flat

MARKET Open

Nov 13, 2008 8:55 AM CST

Soaring Jobless Claims Leave Stocks Flat

Jobless claims reach 7-year high

(Newser) - Jobless claims rose to a 7-year high last week, but that didn’t appear to move the needle for stocks, which barely budged at today's open. The Dow crept up 66 points, while the S&P and Nasdaq rose 0.9% and 0.4% respectively. A staggering 32,000 filed...

Dow Sinks 411 on Bad News

MARKETS

Nov 12, 2008 3:30 PM CST

Dow Sinks 411 on Bad News

Nasdaq below 1,500 for first time in 5 years

(Newser) - Stocks plunged again today as another wave of poor earning reports soured investor sentiment, the Wall Street Journal reports. Henry Paulson's announcement of yet another new direction for the federal bailout failed to inspire confidence as the Dow closed down 411.30 points at 8,283. The Nasdaq lost 81....

Dow Off 177 on Poor Earnings

MARKETS

Nov 11, 2008 3:40 PM CST

Dow Off 177 on Poor Earnings

Goldman report sends life insurance down

(Newser) - Stocks declined today as poor earnings reports made investors bearish, the Wall Street Journal reports. Although news of the Fannie/Freddie plan to speed refinancing efforts for distressed homeowners checked midday losses, the Dow dropped 176.58 to close at 8,693.96. The Nasdaq dropped 35.84, settling at 1,...

Chinese Stimulus Rally Fizzles

MARKETS

Nov 10, 2008 3:26 PM CST

Chinese Stimulus Rally Fizzles

Earnings reports quash session's early gains

(Newser) - An early rally in reaction to the Chinese government’s fiscal stimulus package couldn’t hold up and the markets ended today's session with losses. Poor quarterly earnings reports soured investor confidence, the Wall Street Journal reports. The Dow fell 73.27 to close at 8,871. The Nasdaq lost...

Chinese Stimulus Lifts Dow

MARKET Open

Nov 10, 2008 8:49 AM CST

Chinese Stimulus Lifts Dow

Index surges 150+ at open, following Asian lead

(Newser) - Stocks jumped out of the gate today, thanks to a $586 billion stimulus package from Beijing. The Dow was up nearly 200 just after opening, the Wall Street Journal reports, and the S&P and Nasdaq climbed 1.8% and 1.2%, respectively. The moves followed rallies overseas, including a...

Stocks Close Up 248
Despite Tough Jobs News

MARKETS

Nov 7, 2008 3:24 PM CST

Stocks Close Up 248 Despite Tough Jobs News

But Friday rally can't heal brutal weekly losses

(Newser) - Stocks gained today despite a big bump in unemployment last month and poor earnings reports, MarketWatch reports. The indexes looked positioned for another late-Friday bloodbath but instead rose sharply in what could be a vote of confidence for President-elect Obama’s economic team. The Dow rose 248.02 to 8,...

Unemployment Hits 14-Year
High; Stocks Flat

MARKET Open

Nov 7, 2008 8:54 AM CST

Unemployment Hits 14-Year High; Stocks Flat

To be fair, they've already had the worst two-day stretch since 1987

(Newser) - The economy lost 240,000 jobs in October, bringing unemployment to 6.5%, its highest rate since 1994. It was the 10th-straight negative month, bringing the year’s losses to 1.2 million. But the staggering report did little to move the needle on Wall Street, as the Dow actually...

Dow Off 400+ Again, Below 9K

MARKETS

Nov 6, 2008 3:30 PM CST

Dow Off 400+ Again, Below 9K

Worrisome news on retail, jobs sink stocks

(Newser) - Stocks added to yesterday’s deep declines with the major indices registering falls of 4%-5% today, MarketWatch reports. A string of poor retail reports soured confidence ahead of tomorrow’s October unemployment report, expected to be grim. The Dow fell 443.48, dropping below the 9,000 mark to 8,...

Dow Tumbles Almost 500

MARKETS

Nov 5, 2008 3:34 PM CST

Dow Tumbles Almost 500

Markets move past election euphoria to sober economic reality

(Newser) - Today's Obama buzz apparently didn't make it to Wall Street, where the markets plunged as dismal economic reports reminded investors of the challenges facing US business, the Wall Street Journal reports. Stocks gave up all of their Election Day gains and continued to fall as the Dow lost 486.01...

100-Point Drop
Greets Obama

MARKET OPEN

Nov 5, 2008 8:38 AM CST

100-Point Drop Greets Obama

As ever, the market be crazy

(Newser) - The market had an election hangover this morning. The Dow fell 152 points at the open, The Wall Street Journal reports, following yesterday’s 305-point rise, the biggest Election Day rally ever. “The conclusion of the election race has brought home the reality of the enormity of the task...

Stocks Up 305 in Election Rally

MARKETS

Nov 4, 2008 3:19 PM CST

Stocks Up 305 in Election Rally

Indices up 3%-4% after remaining in positive territory for entire session

(Newser) - Stocks rallied on Election Day as investors applauded the looming conclusion to the presidential race, the Wall Street Journal reports. Continuing declines in interbank lending, and strong third-quarter earnings reports also fueled optimism, with the Dow rising 305.45 to close at 9,625.28. The Nasdaq climbed 53.79...

Stocks Grab Election Day Rally

MARKETS

Nov 4, 2008 8:44 AM CST

Stocks Grab Election Day Rally

Investors vote yes

(Newser) - Investors gave a vote of confidence to the next administration this morning, sending the Dow up 168 points at the opening bell, and the S&P and Nasdaq up 1.9% and 1.6% respectively. “Investors are looking forward to the campaigns being over and moving on with the...

Stocks Flat; Oil Falls $3.90

MARKETS

Nov 3, 2008 3:37 PM CST

Stocks Flat; Oil Falls $3.90

Energy concerns take a hit as crude plunges

(Newser) - Stocks held steady today, with the indices ending the session only a few points removed from their opening marks, MarketWatch reports, with General Motors and Ford reporting mammoth October sales drops, and crude plunging $3.90 to $64.25. The Dow fell 5.18 to 9,319.83. The Nasdaq...

Stocks Hover as Election Looms

MARKET OPENING

Nov 3, 2008 8:54 AM CST

Stocks Hover as Election Looms

Big economic reports coming

(Newser) - Stocks opened quietly today, as investors awaited the outcome of tomorrow’s election and the raft of economic reports set to hit later in the week. The Dow fell just nine points, while the S&P and Nasdaq inched down 0.2% and 0.1% respectively, the Wall Street Journal ...

Dow Rally Ends Dreadful Month

MARKETS

Oct 31, 2008 3:39 PM CDT

Dow Rally Ends Dreadful Month

(Newser) - Stocks rallied today despite a slew of poor economic reports as investors instead focused on falling rates in the credit markets, MarketWatch reports. Though the Dow was up 11.3% for the week, October ended as the worst month since 1987. The Dow rose 144.32 to close at 9,...

Dow Rises 189 After GDP News

MARKETS

Oct 30, 2008 3:29 PM CDT

Dow Rises 189 After GDP News

Early news on shrinking GDP can't keep indices from rising

(Newser) - The markets held ground after an early rally today, with investors shrugging off a smaller-than-expected fall in third-quarter US gross domestic product and remaining cautiously optimistic over yesterday’s Fed rate cut, MarketWatch reports. The Dow closed up 189.73 at 9,180.69. The Nasdaq rose 41.31 to...

Dow Surges Despite GDP Dip

MARKETS

Oct 30, 2008 9:07 AM CDT

Dow Surges Despite GDP Dip

Drop isn't as bad as feared, and rate cuts abroad cheer US traders

(Newser) - Stocks jumped at the opening bell, as international rallies helped offset a shrinking US economy, the Wall Street Journal reports. Gross domestic product shrank at a seasonally adjusted 0.3% annual rate from July to September; the not-as-bad-as-feared figure sent the Dow up 201 points at the open before dipping...

Dow Down 74 After Volatile Day

MARKETS

Oct 29, 2008 3:19 PM CDT

Dow Down 74 After Volatile Day

Late rally evaporates after Fed confirms cut, but most of Tuesday's gains are preserved

(Newser) - Volatility ruled Wall Street today as investors waffled in their response to the expected Fed rate cut, MarketWatch reports. Though the session’s final hour saw the Dow rocket to a 250-point gain in light trading, that evaporated and the Dow closed down 74.16 at 8,990.96. The...