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U.S. stocks struggle for direction

U.S. stocks struggled for direction in quiet trading Monday, with many traders still on summer vacation and investors waiting for signals from the Federal Reserve about help for the economy. The Dow Jones industrial average fell to a small loss, the Standard & Poor’s 500 darted between small ups and downs, and the Nasdaq composite… Continue Reading U.S. stocks struggle for direction

The two best-known stock market indexes will be jointly owned under a new venture between the companies that operate the Standard & Poor’s 500 and the Dow Jones industrial average. S&P owner McGraw-Hill Cos. and Dow Jones Indexes majority owner CME Group Inc. on Friday announced a venture called S&P/Dow Jones Indices. Other S&P and… Continue Reading Venture will combine ownership of Dow, S&P indexes

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Stock indexes came back from deep losses in the morning and ended Wednesday with small gains. The Dow Jones industrial average avoided its longest losing streak since Jimmy Carter was president. The Dow rose 30 points — after being down 166 — to break an eight-day losing streak. Nine days would have been the longest… Continue Reading Dow edges higher, breaking an 8-day losing streak

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Stocks slumped again Wednesday as worries about the U.S. economy deepen. The Dow Jones industrial average was down 101 points in afternoon trading, putting in on track for its ninth straight day of losses, the longest losing streak since February 1978. The S&P 500 index was headed for its eighth straight loss. Investors are becoming… Continue Reading Dow average is headed for its ninth straight loss

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Investors eye earnings after Dow tops 12,000

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Investors will be watching to see if the stock market can sustain its rally Wednesday, a day after the Dow Jones industrial average closed at its highest level in 2 1/2 years. The Dow closed above 12,000 on Tuesday for the first time since June 2008. Another major market index, the Standard & Poor’s 500,… Continue Reading Investors eye earnings after Dow tops 12,000

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Dow closes above 12,000

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Better than expected earnings reports and a lift in the manufacturing sector sent the stock market to two and half year highs Tuesday. The Dow Jones industrial average crossed 12,000 once again, and the Standard and Poor’s 500 stock-index – the benchmark for most U.S. mutual funds – reached 1,300. Pfizer Inc., United Parcel Service… Continue Reading Dow closes above 12,000

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Dow Jones industrial average rises above 12,000

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The Dow Jones industrial average surpassed 12,000 Wednesday for the first time in two and half years as investors shrugged off weak corporate earnings and focused on President Barack Obama’s call to overhaul taxes on businesses. The average climbed to 12,013 early Wednesday. That was the highest level during the day since June 20, 2008.… Continue Reading Dow Jones industrial average rises above 12,000

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Stocks fell for a fourth day as concerns over a slowdown in China and talks about a bailout for Irish banks combined to push the Dow Jones industrial average to its lowest level in a month. Asian markets started a global sell-off after South Korea’s central bank raised interest rates to curb inflation. Shares also… Continue Reading Stocks fall amid fears of European debt, Asian slowdown

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The Dow Jones industrial average closed above 11,000 for the first time in five months Friday as hopes built that the Federal Reserve will take more action to get the economy going again. The milestone, which effectively erases the effects of a long summer slump for stocks, comes one day before the three-year anniversary of… Continue Reading Dow closes above 11,000 for first time since May

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Stocks dip as investors enter week cautiously

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Stocks edged lower Monday as investors took a cautious approach to trading before the government’s latest report on the jobs market. The Dow Jones industrial average fell 22 points in morning trading. Broader indexes also edged lower. Several stocks were moving on the latest flurry of corporate news. Genzyme Corp. rose after rejecting Sanofi-Aventis SA’s… Continue Reading Stocks dip as investors enter week cautiously

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