by Associated Press Published: August 11,2011
Tags: climb, Dow, economic news, stock
Wall Street’s wildest week since 2008 continued with another 300-point move for the Dow on Thursday. This time, stocks shot up after investors saw small signs that the economy isn’t headed into another recession. Fewer Americans joined the unemployment line last week and a technology bellwether said revenue could grow faster this quarter than analysts [...] [...]
by Associated Press Published: August 8,2011
Tags: downgrade, financial crisis, Standard & Poor's, stock
U.S. stock futures tumbled Monday amid a rout in global stocks after Standard & Poor’s downgraded the U.S. credit rating for the first time. S&P cut the long-term debt rating for the U.S. by one notch to AA+ from AAA late Friday. The move wasn’t unexpected, but it comes when investors are already feeling nervous [...] [...]
by Amy Gillentine Published: June 29,2010
Tags: Dow Jones, NASDAQ, Standard & Poor's, stock
The U.S. stock market took a big hit amid worries of declines in consumer confidence, lackluster global economic growth and fears of a declining euro. The stocks that took the biggest hits were industrial and technology – widely viewed as riskier stocks. The concerns sent investors to “safety assets,” sending the dollar, gold and Treasurys [...] [...]
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