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Posts Tagged ‘stock market’

Stocks slip on the last trading day of 2011

by Associated Press Published: December 30,2011

Tags: 2011, stock market, Wall Street

Stocks are slipping Friday on the final trading day of the year. The Dow Jones industrial average fell 23 points, or 0.2 percent, at 12,264 in the first hour of trading. The S&P 500 fell 1 point at 1,262. It’s up just 0.3 percent for 2011. The Nasdaq fell 1 point to 2,612. McDonald’s Corp. is shaping [...] [...]

Oil price falls with stocks on Europe worries

by Associated Press Published: November 1,2011

Tags: dropped, Greek debt, oil prices, stock market

Oil dropped Tuesday with the stock market as a surprise referendum in Greece threatened to derail a plan to bolster Europe’s banks. Benchmark crude fell $2.64, or 2.8 percent, to $90.55 per barrel in late morning trading on the New York Mercantile Exchange. In London, Brent crude lost $1.80 at $107.76. Prices dropped after Greece’s prime minister [...] [...]

Stocks waver on news of disappointing corporate reports

by Associated Press Published: October 18,2011

Tags: France, stock market, Stocks, third quarter earnings

Stocks wavered in early trading Tuesday after disappointing corporate earnings reports and concerns that France and Germany may not reach an agreement on additional support for Greece. The financial sector, however, outpaced all others in gains after Bank of America topped Wall Street expectations for the quarter. Moody’s also warned late Monday that the stable outlook [...] [...]

An early US stock rally fades; indexes edge lower

by Associated Press Published: August 24,2011

Tags: Dow, index, S & P 500, stock market

An early stock market rally faded Wednesday, leaving indexes with small losses in early afternoon trading. The price of gold slumped 4 percent as investors became less fearful. A sharp increase in orders for long-lasting goods in July eased fears that the U.S. was headed for another recession. Companies placed more orders for aircraft, automobiles and [...] [...]

Here we go again: Stocks plunge on economic fear

by Associated Press Published: August 18,2011

Tags: Europe, fears, plunge, stock market

More signs of economic weakness triggered a global sell-off in stocks Thursday. The Dow Jones industrial average fell more than 400 points in a return to the wild swings in the market last week. In the United States, there were reports that more people joined the unemployment line last week than a week earlier, gasoline prices [...] [...]

Rising stock prices push oil near $88 a barrel

by Associated Press Published: August 17,2011

Tags: oil, prices, stock market

Oil rose Wednesday on renewed optimism about the U.S. economy, as traders took their cue from higher stock prices. Benchmark West Texas Intermediate crude for September delivery rose $1.25 to $87.89 per barrel in midday trading on the New York Mercantile Exchange. Brent crude, which is used to price many international oil varieties, increased by $1.74 to [...] [...]

Gold up with stocks as investors cling to security

by Associated Press Published: August 9,2011

Tags: economy, gold, stock market, volatility

Gold prices closed higher Tuesday even as some investors put their money back into the stock market, an unusual situation that reflected continued anxiety among investors. Gold prices usually fall when the stock market rises, as it did for much of Tuesday. But gold prices continued to climb. The S&P 500 finished the day up more [...] [...]

U.S. markets fall sharply after S&P downgrade

by Associated Press Published: August 8,2011

Tags: Debt, NYSE, Standard & Poor's, stock market

The U.S. stock market joined a sell-off around the world today in the first trading since Standard & Poor’s downgraded American debt and gave investors a reason to be anxious. The Dow Jones industrial average fell more than 250 points minutes after the opening bell on Wall Street. It recovered some of those losses, then fell [...] [...]

Unemployment rate dips, economy adds 117K jobs

by Associated Press Published: August 5,2011

Tags: economy, hiring, stock market, unemployment

Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent. The modest improvement may quiet fears of another recession, but it wasn’t enough to prevent another losing day on Wall Street. Employers added 117,000 jobs last month, the Labor Department said Friday. That’s better than the past two months, which were also [...] [...]

Stock market shrugs off weak service sector report

by Associated Press Published: July 6,2011

Tags: service sector report, stock market

Stocks are edging higher in afternoon trading Wednesday as investors shrug off a setback in the U.S. service sector. The Institute for Supply Management reported that business growth slowed at U.S. service providers in June. Financial companies and health care providers reported the weakest results. The ISM report followed a broad sell-off in Europe and another [...] [...]

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