Stocks are rising for a third day as Greece clears a hurdle to more emergency loans and Bank of America settles with investors over failed mortgage securities. The Dow Jones industrial average is up 57 points, or 0.5 percent, at 12,245 in midday trading Wednesday. The Standard & Poor’s 500 index is up 9, or [...] [...]
by Associated Press Published: April 25,2011
Tags: earnings reports, gasoline prices, Stocks
Mixed corporate earnings reports sent stock indexes wobbling Monday as trading resumed after the three-day Easter holiday. The Dow Jones industrial average fell 48 points, or 0.4 percent, to 12,457 in morning trading. The Standard & Poor’s 500 index lost 5, or 0.4 percent, to 1,333. The Nasdaq composite fell 3, or 0.1 percent, to [...] [...]
by Associated Press Published: March 14,2011
Tags: earthquake, Japan, Stocks, tsunami
Mounting concerns over the impact of the massive earthquake in Japan pushed U.S. stocks lower Monday. The earthquake and tsunami along Japan’s northeast coast killed thousands and has raised fears of a slowdown in the world’s third-largest economy. On Wall Street, all 10 company groups that make up the Standard and Poor’s 500 index fell. [...] [...]
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, [...] [...]
by Associated Press Published: January 26,2011
Tags: State of the Union, Stocks
Stocks are headed for a higher opening Wednesday as major companies released another round of earnings reports and President Barack Obama called for an overhaul of corporate taxes. During his State of the Union address Tuesday night, Obama said he wanted to close corporate tax loopholes and use the additional revenue to lower corporate tax [...] [...]
For the first time in several years, bank stocks rose across the board last year. Stock prices also rose at the three national banks that operate in the Pikes Peak region: Wells Fargo and Co., U. S. Bancorp, and JPMorgan Chase and Co. Wells Fargo and Co.’s stock stood at $31.65 per share earlier this [...] [...]
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 [...] [...]
by Associated Press Published: October 20,2010
Tags: Stocks
Stock futures bounced back slightly, a day after the market was hammered by a surprise interest rate hike in China and mixed earnings reports. Earnings are again dominating headlines Wednesday. Quarterly results are due out from major banks, airlines and manufacturers throughout the morning. Internet companies take over after the market closes. Traders who prefer [...] [...]
by Associated Press Published: October 12,2010
Tags: Federal Reserve, Stocks
Traders pushed shares higher Tuesday after minutes from the latest Federal Reserve meeting kept hope alive that the central bank would take more action to stimulate the economy. The Fed had said after its Sept. 21 meeting that it was concerned that inflation was too low, and suggested it could step up its purchases of [...] [...]
by Associated Press Published: October 7,2010
Tags: Employment, Stocks
Stocks dipped Thursday as traders balanced slightly better news on weekly unemployment claims against uncertainty about an upcoming monthly jobs report. The Dow Jones industrial average came within two points of 11,000 before turning lower. The Labor Department said first-time claims for unemployment insurance fell last week, a better result than analysts were expecting. Retailers [...] [...]
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