For the first time in history,the Dow, S&P 500, and NASDAQ finished the week up over 10%. Despite the gains this week, all major indices ended the month sharply lower.
U.S. stocks advanced Friday afternoon as investors shrugged off the worst drop in consumer sentiment on record and the first drop in personal spending in two years, putting the market on track to end this mad month on a high note.
U.S. stocks turned mixed Friday after one report showed consumer sentiment held steady this month and another showed personal spending fell for the first time in two years.
Wall Street looked poised for a lower open Friday, tracking European stocks down, and after a report showed a decline in personal spending.
U.S. stocks had another wild swing in the final 15 minutes of trading that pumped up the Dow from a gain of about 50 points to nearly 200 points as traders largely shrugged off this morning's GDP report that showed the economy is shrinking.
U.S. stocks joined in the global rally Thursday despite this morning's report that the economy is shrinking.
We have seen some amazing swings in the Dow over the past month but is there a pattern here?
Stocks jumped at the opening bell following better-than-expected reports on GDP and jobless claims even though the GDP reading indicated that the economy is likely in a recession.
Stocks got a bump from better-than-expected reports on GDP and jobless claims even though the GDP reading indicated that the economy is likely in a recession.
If you blinked in the final minutes of trading today, you probably got the story wrong. The final hour of trading has become known for its wild swings, but outdid itself this time: After being up about 250 points at 3:54 p.m., those gains evaporated and the Dow Jones Industrial Average ended down 74.16, or 0.8 percent, at 8990.96.
Stocks pared gains Wednesday after the Federal Reserve opted to cut a key interest rate by half a percentage point.
Stocks turned mixed Wednesday as the market waits for the Federal Reserve's decision on interest rates.
Stocks opened lower Wednesday as the market waited for the Federal Reserve's decision on interest rates.
Futures tilted lower Wednesday, after a fleeting boost from an unexpected jump in durable-goods orders, as the market waited for the Federal Reserve's decision on interest rates.
The Nasdaq Composite gained 9.5% or 143 points today. Here are the biggest daily gains in the Nasdaq's history.
A strategist claims that crude oil could trade as low as $20 a barrel, while another economist expects a "vicious and a violent upside" stock market rally. Following are today's top videos:
As investors continue to debate whether the stock market could be near a bottom, data for the last twelve bear markets indicates that, on average, it took the Dow three years to reach its previous highs.
The wave of stock selloffs sweeping world markets may be partially caused by the fact that many governments increased guarantees for bank deposits, making them a much safer investment, Marc Faber, author of the "Gloom, Doom and Boom Report," told CNBC Monday.
The markets end the week in negative territory as all major indexes lost 5% or more for the week. The Russell 2000 brings up the rear losing over 10% for the week.
Today's market washout will be a critical and historic step in getting the detritus out of the stock market, said Mohamed El-Erian, co-CEO of bond management titan Pimco.