Stocks declined Thursday as dismal reports on factory orders and jobless claims piled on to a market already on edge about a freeze in the credit markets and the bailout bill as it heads to the House. GE was the biggest drag on the Dow.
The Vice Presidential debate tonight will likely be one of the most watched ever, often eclipsing the buzz of the presidential debates, Intrade has created a contract measuring which presidential candidate will receive more of a bump from tonight's debate (www.intrade.com).
Stocks rebounded Tuesday amid hope that Congress will regroup and pass a bailout bill this week. Financials rallied and Apple, one of the hardest hit techs on Monday, gained 8 percent. Still,
All major U.S. Indices end the third quarter on a historic note. The Dow and S&P 500 had their fourth consecutive quarterly drop, tumbling 4.40% and 9.01% respectively. The NASDAQ Composite fell the most among the major Indices for the quarter, down 9.19%.
It's been a rough twelve months. The Dow and S&P are looking to have their 4th straight quarter of declines, something not seen in years. Here is a preview of the quarter end stats and the winners and losers to date.
Update: The House is moving quickly. They already have a Discussion Bill in circulation regarding the Treasury’s proposal. (READ STORY TO SEE IT.) The Dow moved in a 300 point range (which is normal for the past couple of weeks) today to end near the lows, but the volume has been much lighter than last week.
What's the best approach to investing in these volatile times? Top-down, or bottom-up? How about both? That's the approach taken by Highmark Capital's chief investment officer, David Goerz.
The Mad Money Wall of Shame has been eerily predictive of which company bosses are most likely to take a permanent vacation.
With the markets starting down again today before rebounding, here are the top ten 2-day percent and point moves for the major indices. If the Dow closes down more than 23 points today, it would reach a top 10 point move. The S&P would need to close down less than 1 point to reach a top ten status. The Nasdaq is far from a top ten 2-day point or % move.
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The Dow and S&P 500 fell over 4.5% today, while the Nasdaq composite dropped 3.6%, as concerns over the health of the financial sector intensified following the decision of Lehman Brothers to file for Chapter 11.
Financials helped the Dow pull off a nearly 300-point gain Monday but techs limped to the finish line as nagging worries about a global economic slump found their way back into the market.
Following are the week’s biggest winners and losers. Find out why shares of Home Depot and Prudential popped while Google and Alcoa dropped.
The unemployment rate zoomed to a five-year high of 6.1 percent in August, proof of the mounting damage the economy is inflicting on workers and businesses alike.
Rapid changes in the commodities market have left some investors badly bruised to say the least. However lower gas prices are good, right? Should you cheer or fear the drop in oil?
Stocks ended mixed Wednesday as economic worries continued to rain down on the market and dampen the post-Gustav rally. All three major indexes had been negative for most of the day, but the Dow tip-toed over the line at the last minute, helped by a 5% gain in GM.
Stocks wobbled Wednesday as economic worries continued to rain down on the market and dampen the post-Gustav rally.
Stocks wobbled Wednesday as economic worries continued to nag the market and rain on the post-Gustav rally.
Stocks finished lower Tuesday as weakness in technology stocks sucked the air out the earlier rally inspired by oil's drop and the dollar's surge.
After jumping up over 200 points this morning, the Dow has reversed course and is now in negative territory for the day. The S&P 500 also jumped, rising above 1300 before falling back down. Interestingly, at one point during the swing, the S&P was down more than the Dow was down. The Dow is priced roughly 9 times higher than the S&P 500. Given the difference in scale, it is somewhat unusual to see this happen when they move in the same direction.