2011 Archive: Day Traders Diary
December 30, 2011
U.S. stocks began the final trading day of the year mildly lower with Europe’s troubles in view. Ahead of Friday’s opening bell, Spain’s new government unveiled austerity measures and said it expects a 2011 budget gap of nearly 8%. The Dow Jones Industrial Average fell 12 points to 12,274. The... Read More
December 29, 2011
U.S. stocks opened higher Thursday, recovering some of the prior day’s losses, thanks to a dip in Italian borrowing costs at a debt auction and U.S. jobless claims came in at 381,000, up from 366,000 the prior week. After dropping 139 points on Wednesday, the Dow Jones Industrial Average jumped... Read More
December 28, 2011
U.S. stocks opened mildly lower Wednesday as the end of year draws to a close. The Dow Jones Industrial Average fell 19 points to 12,271. The S&P 500 Index shed 3 points to 1,262. The Nasdaq Composite declined 10 points to 2,615. Shortly after the open, the Euro sold off... Read More
December 27, 2011
A quiet start to the last week of the year following the extended holiday weekend. The Dow Jones Industrial Average fell 19 points to 12,274. The S&P 500 Index dropped 2 points to 1,262. The Nasdaq Composite shed 7 points to 2,611. The averages are set to close pretty much... Read More
December 23, 2011
U.S. stocks opened with modest gains Friday after economic data had durable goods rising in November by the most in four months. A separate report had consumer spending rising less than forecast last month. The Dow Jones Industrial Average added 13 points to 1,2182. The S&P 500 added 2 points... Read More
December 22, 2011
U.S. stocks opened with modest gains Thursday after the government reported jobless claims fell last week to their lowest level since 2008. The Dow Jones Industrial Average added 27 points to 12,134. The S&P 500 Index rose 4 points to 1,247. The Nasdaq Composite climbed 13 points to 2,591. No... Read More
December 21, 2011
U.S. stocks began with modest declines on Wednesday after the European Central Bank said it would lend a record amount to euro-area banks causing concerns once again in Europe. The Dow Jones Industrial Average fell 36 points to 12,066. The S&P 500 declined 4 points to 1,236. The Nasdaq Composite... Read More
December 20, 2011
U.S. stocks surged at the open Tuesday, supported by a better Spanish bond auction, data showing an improvement in the German economic outlook and a jump in U.S. housing starts. The Dow Jones Industrial Average rallied 218 points, or 1.9%, to 11,984. Cisco led gains for all 30 Dow components.... Read More
December 19, 2011
U.S. stocks gained Monday, recouping part of last week’s losses, as investors anticipated the next round of Europe headlines in what’s likely to be a low-volume trading week. The Dow Jones Industrial Average rose 44 points to 11,910. The S&P 500 gained 4 points to 1,224. The Nasdaq Composite rose... Read More
December 16, 2011
U.S. stocks open higher after a report showed the cost of living held flat in November, bolstering the Federal Reserve’s take that inflation is not an issue now for the U.S. economy. The Dow Jones Industrial Average rose 92 points to 11,961. The S&P 500 added 10 points to 1,226.... Read More
December 16, 2011
U.S. stocks open higher after a report showed the cost of living held flat in November, bolstering the Federal Reserve’s take that inflation is not an issue now for the U.S. economy. The Dow Jones Industrial Average rose 92 points to 11,961. The S&P 500 added 10 points to 1,226.... Read More
December 15, 2011
U.S. stocks started higher Thursday, rebounding from the prior session’s decline and helped by better U.S. jobs data and some improvement in European bond markets. The Dow Jones Industrial Average rose 118 points, or 1%, to 11,941. The S&P 500 gained 12 points to 1,224. The Nasdaq Composite rose 22... Read More
December 14, 2011
U.S. stocks opened lower on Wednesday, extending losses into a third day, as Italy’s borrowing costs rose to a record after Italy’s auction of five-year debt and the euro broke 11-month lows against the dollar. The Dow Jones Industrial Average fell 38 points to 11,916. The S&P 500 Index declined... Read More
December 13, 2011
U.S. stocks opened higher on Tuesday, with sentiment lifted after a successful government debt auction in Spain and upbeat economic data from Germany. The Dow Jones Industrial Average rose 108 points to 12,129. Boeing looks good after hiking their dividend yesterday and an upgrade this morning. The S&P 500 Index... Read More
December 12, 2011
U.S. stocks opened sharply lower on Monday after Moody’s Investors Service said it would review the ratings of countries in the euro area and Intel trimmed its fourth-quarter revenue outlook. The Dow Jones Industrial Average fell 113 points to 12,070. The S&P 500 Index shed 14 points to 1,240. The... Read More
December 9, 2011
U.S. stocks climbed on Friday, with financial companies pacing the gains, after European leaders agreed to closer fiscal ties and other measures to tackle the region’s debt crisis. The Dow Jones Industrial Average rose 77 points to 12,075. The S&P 500 Index added 8 points to 1,243. The Nasdaq Composite... Read More
December 8, 2011
U.S. stocks opened with moderate losses on Thursday after European Central Bank President Mario Draghi threw cold water on thinking the central bank would boost its purchases of the debt of hard-pressed European nations. The Dow Jones Industrial Average fell 25 points to 12,170. The S&P 500 lost 6 points... Read More
December 7, 2011
After bouncing up against resistance levels, the major averages are succumbing to profit-taking as Germany is rejecting the notion of combining the current and permanent euro-area rescue funds. The Dow Jones Industrial Average fell 72 points to 12,077. The S&P 500 Index dropped 9 points to 1,248. The Nasdaq Composite... Read More
December 6, 2011
U.S. stocks began mildly higher on Tuesday following comments from Standard and Poor’s putting a majority of the European sovereign countries on credit watch negative put a damper on the recent rally. The Dow Jones Industrial Average rose 12 points to 12,110. 3M is higher after reaffirming guidance. The S&P... Read More
December 5, 2011
U.S. stocks rallied at the start on Monday as German Chancellor Angela Merkel and French President Nicolas Sarkozy addressed a news conference to push their plan for better enforcement of the region’s deficit rules. The Dow Jones Industrial Average climbed 137 points to 12,156.79. The S&P 500 Index rose 16... Read More
December 2, 2011
U.S. stocks opened higher on Friday after monthly data showed the U.S. jobless rate fell to a two-and-a-half year low. Comments from Angela Merkel reiterating Germany’s strong backing for the euro is also lending support. The Dow Jones Industrial Average climbed 91 points to 12,111. The S&P 500 added 11... Read More
December 1, 2011
After a three day 800 point rally, the U.S. stocks are lower this morning with financials leading the retreat. The Dow Jones Industrial Average fell 36 points to 12,009. The S&P 500 declined 3 points to 1,243. The Nasdaq Composite shed 5 points to 2,614. The financials are all lower,... Read More
November 30, 2011
U.S. stocks rallied Wednesday after the Federal Reserve and five other central banks together moved to ease the flow of funds to banks hit by Europe’s debt crisis. The Dow Jones Industrial Average rose 333 points to 11,888. The S&P 500 Index climbed 37 points to 1,232, with industrials leading... Read More
November 30, 2011
U.S. futures and global equity markets are sharply higher after major central bank liquidity actions were announced this morning. The biggest of these was the coordinated coordinated action between the Fed and five other central banks to address pressures in global money markets (see 8:01 comment for details). These major... Read More
November 29, 2011
U.S. stocks offered a tepid start on Tuesday ahead of a meeting of European finance ministers on the region’s credit crisis. The Dow Jones Industrial Average rose 9 points to 11,532. The S&P 500 Index opened flat at 1,192. The Nasdaq Composite fell 5 points to 2,521. The news hasn’t... Read More
November 28, 2011
U.S. stocks opened higher Monday as Europe hints toward a plan to leverage a regional rescue fund to shore up some of their debt crisis. Solid evidence U.S. holiday sales got off to a record start on Black Friday is also lending support to the major averages. The Dow Jones... Read More
November 27, 2011
European markets are not getting any better as Italian and Spanish debt yields rise further following a discouraging Italian auction where the Italian 10-year yield rose to 7.28% after the country paid a record 6.5% in a 10 billion euro 6-month bond auction today. Our markets opened lower Friday, but... Read More
November 22, 2011
U.S. stocks opened mostly lower Tuesday after the Commerce Department reported third-quarter growth was less than previously estimated. The Dow Jones Industrial Average fell 23 points to 11,524. The S&P 500 Index declined nearly a point to 1,192. The Nasdaq Composite Index added almost two points to 2,524. After yesterday’s... Read More
November 21, 2011
U.S. stocks opened lower on Monday ahead of an expected announcement from the congressional super committee that it had failed to reach a deficit-reduction agreement. Surging bond yields in Greece, Italy, and Spain are adding to the pain. The Dow Jones Industrial Average fell 147 points to 11,649. The S&P... Read More
November 18, 2011
U.S. stocks opened mostly higher on Friday after a two-day slide, with investors relieved over falling bond yields in Spain and Italy. The Dow Jones Industrial Average rose 42 points to 11,813. The S&P 500 Index added 2 points to 1,218. The Nasdaq Composite fell 4 points to 2,583. The... Read More
November 17, 2011
U.S. stocks opened lower Thursday, extending declines into another day, as worries about European debt again overcame better-than-expected domestic reports on the economy. Data included a drop in jobless claims that had last week’s level at a seven-month low. The Dow Jones Industrial Average lost 43 points to 11,852. The... Read More
November 15, 2011
U.S. stocks opened lower on Tuesday, extending losses into a second day, as rising Spanish yields heightened worry about Europe’s ability to stem its debt crisis. The ongoing issues from overseas overshadow better-than-expected reports on the U.S. economy. The Dow Jones Industrial Average fell 36 points to 12,042. The S&P... Read More
November 14, 2011
U.S. stocks slipped a bit at Monday’s start, with the Standard & Poor’s 500 retreating after a two-session surge, as Wall Street remained fixated on European efforts to restrain its debt crisis. The Dow Jones Industrial Average rose 5 points to 12,159. Caterpillar is up a percent this morning on... Read More
November 11, 2011
U.S. stocks began Friday with robust gains as Italian bond yields fell following the Italian Senate’s approval of austerity measures. The Dow Jones Industrial Average climbed 207 points to 12,101 with all 30 of its components gaining ground, led by Walt Disney, up 6.6%, after the theme-park operator reported quarterly... Read More
November 10, 2011
U.S. stocks opened with robust gains Thursday with Europe’s situation seemingly less dire after Italy’s bond auction went better than expected and the U.S. government reported another drop in weekly jobless claims. The Dow Jones Industrial Average added 114 points to 11,895. The S&P 500 rose 13 points to 1,242.... Read More
November 10, 2011
U.S. stocks opened with robust gains Thursday with Europe’s situation seemingly less dire after Italy’s bond auction went better than expected and the U.S. government reported another drop in weekly jobless claims. The Dow Jones Industrial Average added 114 points to 11,895. The S&P 500 rose 13 points to 1,242.... Read More
November 9, 2011
U.S. stocks opened with steep losses on Wednesday after a clearing house hiked the deposits needed to trade Italian government bonds and index-tied securities, further worsening Europe’s credit mess. The Dow Jones Industrial Average fell 227 points to 11,943. The S&P 500 shed 27 points to 1,248, with energy and... Read More
November 8, 2011
U.S. stocks opened moderately higher Tuesday ahead of an Italian parliamentary vote viewed as a test as to whether the nation’s prime minister would remain in office. The Dow Jones Industrial Average added 25 points to 12,093. The S&P 500 rose 3 points to 1,265. The Nasdaq Composite advanced 15... Read More
November 7, 2011
U.S. stocks edged tentatively higher on Monday, with Wall Street taking a cautious stance while tracking events in Europe, with Italy the current focus. The Dow Jones Industrial Average rose 16 points to 12,000. The S&P 500 Index added 3 points to 1,256. The Nasdaq Composite Index rose 3 points... Read More
November 4, 2011
U.S. stocks opened lower Friday as Europe’s debt troubles overshadowed a drop in the U.S. jobless rate. The Dow Jones Industrial Average fell 89 points to 11,954. The S&P 500 Index fell 10 points to 1,250. The Nasdaq Composite fell 17 points to 2,680. The earnings keep coming... Read More
November 3, 2011
U.S. stocks opened sharply higher Thursday after the European Central Bank cut interest rates in a surprise move and on data jobless claims fell back below the 400,000 level last week. The Dow Jones Industrial Average climbed 137 points to 11,973, with 28 of its 30 constituents higher. The S&P... Read More
November 2, 2011
U.S. stocks began Wednesday with robust gains after data had U.S. companies adding more jobs than expected in October and ahead of a statement on the economy from the Federal Reserve. The Dow Jones Industrial Average added 160 points to 11,818. The blue-chip index lost 573 points, or nearly 4.7%,... Read More
November 1, 2011
U.S. stocks opened solidly lower on Tuesday as Greece’s call for a referendum on its rescue package shook investor confidence in Europe’s effort to contain its debt crisis. The Dow Jones Industrial Average fell 252 points to 11,702. The S&P 500 Index shed 34 points to 1,219. The Nasdaq Composite... Read More
October 31, 2011
U.S. stocks opened sharply lower on Monday, with Wall Street relinquishing some of its recent rise, as the yen fell after Japanese officials tried again to weaken the currency. The Dow Jones Industrial Average fell 134 points to 12,096. The S&P 500 Index declined 16 points to 1,268. The Nasdaq... Read More
October 28, 2011
U.S. stocks opened modestly lower on Friday, with investors taking a breather after a two-day leap that took the Dow up 500 points thanks to solid earnings and encouraging developments out of Europe. The Dow Jones Industrial Average retreated 17 points to 12,191, with 14 of its 30 components falling,... Read More
October 27, 2011
U.S. stocks chalked up healthy gains at Thursday’s start, adding to the prior day’s surge, as Wall Street echoed global markets in cheering Europe’s accord to expand a rescue fund to curb the region’s debt crisis. The Dow Jones Industrial Average surged 246 points to 12,115. The S&P 500... Read More
October 26, 2011
U.S. stocks opened higher on Wednesday on reports that German lawmakers had approved a measure effectively granting Chancellor Angela Merkel permission to work towards a plan to boost the lending power of the regional rescue fund. The vote came as European leaders readied for another crisis summit to talk about... Read More
October 25, 2011
U.S. stocks fell sharply Tuesday on cautious comments following earnings from 3M and Cummins Engines, coupled with reports that Europe’s debt-crisis meeting had been cancelled. The Dow Jones Industrial Average fell 133 points to 11,780. The S&P 500 Index declined 19 points to 1,234. The Nasdaq Composite shed 38 points... Read More
October 24, 2011
U.S. stocks opened higher on Monday on cautious optimism over signs of progress toward a debt deal in Europe and strong results from Caterpillar. The Dow Jones Industrial Average rose 35 points to 11,846. Caterpillar is jumping 4%. The Standard & Poor’s 500 Index added 4 points to 1,242. The... Read More
October 21, 2011
U.S. stocks opened more than 1% high on Friday, buoyed by solid earnings growth at McDonald’s and more positive sentiment about the outlook for Europe devising a solution to its sovereign debt and banking crisis. The Dow Jones Industrial Average rose 133 points, or 1.2%, to 11,675. The Standard &... Read More
October 20, 2011
U.S. stock markets opened lower on Thursday, following a flurry of earnings and more reports out of European regarding this weekend’s summit to come up with a solution for the debt crisis. The Dow Jones Industrial Average turned down 14 points to 11,490. The Standard & Poor’s 500 Index fell... Read More
October 19, 2011
The U.S. stocks fell slightly at Wednesday’s opening as traders balanced better-than-expected U.S. economic data, earnings reports from key technology and banking companies and overseas equities boosted by hopes about new plans to tackle Europe’s sovereign debt crisis. The Dow Jones Industrial Average fell 6 points to 11,571. The Standard... Read More
October 18, 2011
Futures are trading around the flat line this morning (S&P futures -1 vs. fair value, DJ futures flat), following yesterday’s late-day surge on reports that Germany and France are looking to increase the size of the EFSF. That report has subsequently been downplayed, but the bid in risk assets... Read More
October 17, 2011
U.S. stocks declined on Monday, retreating from last week’s rise, as Germany downplayed the notion of a quick fix for Europe’s debt trouble and a New York-region index illustrated ongoing weakness in manufacturing activity. The Dow Jones Industrial Average shed 70 points to 11,574. The S&P 500 fell 8 points... Read More
October 14, 2011
U.S. stocks opened higher Friday, with the Dow Jones Industrial Average joining the Nasdaq Composite in positive territory for the year, as investors welcomed a surge in retail sales and an upbeat earnings report from search engine Google. The Dow industrials rose 125 points to 11,603. The S&P 500 climbed... Read More
October 13, 2011
Following a spectacular week with the Dow rising over 1100 points from last Tuesday’s lows, the major averages are set to open lower following conservative earnings from JPMorgan Chase and disappointing economic data out of China. The Dow Jones Industrial Average fell 85 points to 11,432. The S&P 500 declined... Read More
October 12, 2011
U.S. stocks opened higher on Wednesday, extending gains on the Standard & Poor’s 500 Index into a third day, on expectations Europe would manage its debt trouble. The Dow Jones Industrial Average rose 53 points to 11,469. The S&P 500 climbed 8 points to 1,203. The Nasdaq Composite Index advanced... Read More
October 11, 2011
U.S. stocks opened lower Tuesday, retreating after the prior day’s rally, ahead of a vote in Slovakia on increasing the size and abilities of Europe’s bailout fund. The Dow Jones Industrial Average fell 38 points to 11,394. The Standard & Poor’s 500 Index declined 6 points to 1,188. The Nasdaq... Read More
October 10, 2011
U.S. stocks jumped on the open Monday, following gains in stock futures and Europe markets, after a weekend pledge by French and German leaders to devise a plan by early November to support European banks and debt-strapped sovereigns. The Dow Jones Industrial Average rose 176 points, or 1.6%, to 11,279.... Read More
October 7, 2011
U.S. stocks opened mostly higher on Friday after the September nonfarm payrolls report came in better than predicted hopefully easing some recession fears. The Dow Jones Industrial Average rose 75 points to 11,198. The S&P 500 Index inched up a fraction to 1,165. The Nasdaq Composite Index fell 9 points... Read More
October 6, 2011
U.S. stocks on Thursday tilted slightly lower after U.S. jobless claims rose less than expected last week and European Central Bank President Jean-Claude Trichet spoke of increased downside risk to the region at his monthly news conference. The Dow Jones Industrial Average declined 13 points to 10,926. The Standard &... Read More
October 5, 2011
U.S. stocks opened modestly lower following a 400 point rally in the last hour of trading Tuesday. The Dow Jones Industrial Average fell 43 points to 10,764. The Standard & Poor’s 500 Index declined 6 points to 1,117. The Nasdaq Composite Index shed 19 points to 2,385. Typically it’s custom... Read More
October 4, 2011
U.S. stocks stumbled at Tuesday’s start, with the major indexes down for a third session and the S&P 500 Index entering bear market territory, off 20% from its April 29th high. Europe’s debt debacle continued to rattle investors’ nerves. The Dow Jones Industrial Average fell 139 points to 10,515. The... Read More
October 3, 2011
U.S. stocks kicked off trading for the last quarter of 2011 on a downbeat note Monday as news that Greece won’t meet its fiscal deficit targets prompted investors to take a cautious stance. The Dow Jones Industrial Average gave up 28 points to 10,884, with 19 of its 30 components... Read More
September 30, 2011
U.S. stocks tumble to start the day on data showing American incomes fell in August combined with poor Chinese manufacturing data. The Dow Jones Industrial Average fell 135 points, or 1.2%, to 11,018, led by a 2.8% drop in American Express, while JPMorgan Chase and Caterpillar shed 2.5%. The S&P... Read More
September 29, 2011
U.S. stocks jumped higher on Thursday after German lawmakers voted for new powers for the euro-zone’s crisis fund and U.S. economic reports came in better than anticipated. The Dow Jones Industrial Average jumped 219 points to 11,230. The Standard & Poor’s 500 Index added 20 points to 1,171. The Nasdaq... Read More
September 28, 2011
U.S. stocks opened higher on Wednesday, with the benchmark indexes all up for a fourth session on hopes for progress in efforts to resolve the euro-zone’s debt trouble. The Dow Jones Industrial Average climbed 57 points to 11,248. The Standard & Poor’s 500 Index added a point to 1,176. The... Read More
September 27, 2011
U.S. stocks soared early Tuesday to step into a third straight day of gains as hopes Europe will act to tackle the region’s debt crisis sparked further buying, with financials and energy shares leading an across-the-board charge. The Dow Jones Industrial Average gained 213 points, or 1.9%, to 11,257, with... Read More
September 26, 2011
U.S. stocks opened higher early Monday as hopes for expansion in the euro-zone bailout program and strong gains for European markets helped provide an early lift. The Dow Jones Industrial Average climbed 0.9%, or 94 points, to 10867. The S&P 500 index rose 8 points to 1,148 and the Nasdaq... Read More
September 26, 2011
U.S. stocks opened higher early Monday as hopes for expansion in the euro-zone bailout program and strong gains for European markets helped provide an early lift. The Dow Jones Industrial Average climbed 0.9%, or 94 points, to 10867. The S&P 500 index rose 8 points to 1,148 and the Nasdaq... Read More
September 23, 2011
U.S. stocks declined Friday with Wall Street on alert for indications policy makers would take additional steps to bolster the global economy. The Dow Jones Industrial Average fell 63 points to 10,670. The S&P 500 Index dropped 4 points to 1,125. The Nasdaq Composite declined 4 points to 2,451. The... Read More
September 22, 2011
U.S. stocks open sharply lower following the Fed’s comments indicating there are significant downside risks to the economic outlook. These comments also sent the major averages around the World down 3% to 6% overnight. The Dow Jones Industrial Average fell 353 points to 10,771. The Standard & Poor’s 500 fell... Read More
September 21, 2011
U.S. stocks opened mildly higher Wednesday as investors took a tentative stance ahead of the Federal Open Market Committee’s policy statement later in the day. The Dow Jones Industrial Average rose 27 points to 11,435. The Standard & Poor’s 500 Index climbed 3 points to 1,205. The Nasdaq Composite Index... Read More
September 20, 2011
U.S. stocks started higher on Tuesday, rebounding from the prior day’s decline, even as S&P cut Italy’s debt rating last night. The Dow Jones Industrial Average rose 24 points to 11,425. The Standard & Poor’s 500 Index added 2 points to 1,206. The Nasdaq Composite Index gained 4 points to... Read More
September 19, 2011
U.S. stocks open sharply lower for the first down day in six, weighed by indications Greece was on the brink of default. The Dow Jones Industrial Average tumbled 165 points, or 1.4%, to 11,440. The S&P 500 lost 17 points, or 1.4%, to 1,199. The Nasdaq Composite fell 24 points,... Read More
September 16, 2011
U.S. stocks opened higher on Friday ahead of a measure of consumer confidence that could show improvement in September from last month. The Dow Jones Industrial Average rose 65 points to 11,498. The Standard & Poor’s 500 Index climbed 5 points to 1,215. The Nasdaq Composite Index advanced 7 points... Read More
September 15, 2011
U.S. stocks opened strongly higher on Thursday, extending gains into a fourth day, after the European Central Bank said it was coordinating with the Federal Reserve and other central banks. The ECB news helped offset disappointing U.S. economic data. The Dow Jones Industrial Average added 82 points to 11,328.... Read More
September 14, 2011
U.S. stocks began higher on Wednesday on hopes of progress by European leaders trying to get a handle on regional debt. The Dow Jones Industrial Average added 21 points to 11,127. The Standard & Poor’s 500 Index advanced 2 points to 1,175. The Nasdaq Composite Index rose 12 points to... Read More
September 13, 2011
For a second straight day, the US market is set to open lower following more weakness and turmoil in the European Union. The Dow Jones Industrial Average fell 47 points to 11,012. The Standard & Poor’s 500 Index dropped a point to 1,160. The Nasdaq Composite Index gained 4 points... Read More
September 12, 2011
U.S. stocks tumbled Monday as worries in Europe of a Greek default and a credit rating downgrade of French banks increased worries about Europe’s debt troubles. The Dow Jones Industrial Average fell 120 points to 10,872. The Standard & Poor’s 500 Index shed 9 points to 1,144. The Nasdaq Composite... Read More
September 9, 2011
U.S. stocks opened sharply lower on Friday after Reuters reported that European Central Bank Governing Council member Juergen Stark would resign amid disputes over the central bank’s bond-buying program. The Dow Jones Industrial Average fell 178 points to 11,117. The Standard & Poor’s 500 Index declined 16 points to... Read More
September 8, 2011
U.S. stocks started lower Thursday after a report showed first-time applicants for jobless benefits climbed last week. The Dow Jones Industrial Average fell 29 points to 11,385. The Standard & Poor’s 500 Index declined 3 points to 1,194. The Nasdaq Composite Index dipped a point to 2,547. The initial weakness... Read More
September 7, 2011
U.S. stocks opened higher on Wednesday on reports President Barack Obama would propose a $300 billion package to boost jobs. A German court ruling upholding the country’s involvement in bailing out the nation’s struggling neighbors also bolstered sentiment. After a three day losing streak, the Dow Jones Industrial Average opened... Read More
September 6, 2011
U.S. stocks fell sharply Tuesday as worries about European debt and the U.S. economy intensified. The Dow Jones Industrial Average fell a quick 275 points to 10,965. The Standard & Poor’s 500 Index shed 29 points to 1,144. The Nasdaq Composite Index declined 56 points to 2,423. Things keep going... Read More
September 2, 2011
U.S. stocks opened sharply lower on Friday, pushing the Dow Jones Industrial Average into negative territory for the week, after the Labor Department reported payrolls remained unchanged in August. “The story it’s telling is August was pretty weak. The debt debate in Washington hurt business confidence, and they cut back... Read More
September 1, 2011
U.S. stocks wobbled at Thursday’s start, with the major indexes struggling for limited gains after the government said jobless claims fell last week, ahead of Friday’s monthly payrolls report. The Dow Jones Industrial Average rose 13 points to 11,627. The Standard & Poor’s 500 Index added half a point to... Read More
August 31, 2011
U.S. stocks started higher on Wednesday, lifting the Dow Jones Industrial Average back into positive territory for the year. The Dow industrials climbed 65 points to 11,625. The Standard & Poor’s 500 Index added 7 points to 1,220. The Nasdaq Composite Index advanced 15 points to 2,591. Better than expected... Read More
August 30, 2011
U.S. stocks started lower on Tuesday, retreating after a two-session rise and ahead of an August report on consumer confidence and minutes from the Federal Reserve’s last meeting. The Dow Jones Industrial Average fell 29 points to 11,510. The Standard & Poor’s 500 Index declined 4 points to 1,205. The... Read More
August 30, 2011
U.S. stocks started lower on Tuesday, retreating after a two-session rise and ahead of an August report on consumer confidence and minutes from the Federal Reserve’s last meeting. The Dow Jones Industrial Average fell 29 points to 11,510. The Standard & Poor’s 500 Index declined 4 points to 1,205. The... Read More
August 29, 2011
U.S. stocks opened higher on Monday after data showed Americans spent more than expected last month. The Dow Jones Industrial Average rose 163 points to 11,499. The Standard & Poor’s 500 Index gained 18 points to 1,195. The Nasdaq Composite Index added 40 points to 2,519. The overseas markets including... Read More
August 26, 2011
U.S. stocks opened modestly lower on Friday as Wall Street waited for Federal Reserve Chairman Ben Bernanke’s speech on the economy. The Dow Jones Industrial Average declined 66 points to 11,083. The Standard & Poor’s 500 Index fell 5 points to 1,154. The Nasdaq Composite Index dropped 2 points to... Read More
August 25, 2011
The major averages got a shot in the arm thanks to Warren Buffett’s company Berkshire Hathaway deciding to invest $5 billion in Bank of America. The Dow Jones Industrial Average rose 69 points to 11,390. The Standard & Poor’s 500 Index climbed 8 points to 1,185. The Nasdaq Composite Index... Read More
August 24, 2011
U.S. stocks opened modestly lower Wednesday after the previous session’s sharp rise, with losses curbed by a bigger-than-expected rise in orders for U.S. durable goods in July. The Dow Jones Industrial Average declined 19 points to 11,157. The Standard & Poor’s 500 Index fell a point to 1,160. The Nasdaq... Read More
August 23, 2011
U.S. stocks began modestly higher on Tuesday, extending gains into a second day, as reports on manufacturing in Europe and China lifted sentiment. The Dow Jones Industrial Average rose 40 points to 10,895. The Standard & Poor’s 500 Index climbed 3 points to 1,127. The Nasdaq Composite Index gained 13... Read More
August 19, 2011
Global equity markets are under continued pressure as we close out a fourth week of losses. U.S. equity futures are down ~0.9% (S&P futures -10 vs. fair value; DJ futures are -95). Futures are well off their overnight lows, recently hitting morning highs as the dollar pulls back (we’re not... Read More
August 18, 2011
U.S. stocks opened sharply lower, with the Dow Jones Industrial Average down more than 300 points, on worries about Europe and the global economy coming under pressure. The Dow Jones Industrial Average fell 310 points to 11,100. The Standard & Poor’s 500 Index declined 37 points to 1,156. The Nasdaq... Read More
August 17, 2011
U.S. stocks opened mostly higher on Wednesday as earnings from Target and Staples topped expectations, while personal-computer maker Dell lowered its revenue outlook, hitting technology stocks. The Dow Jones Industrial Average rose 60 points to 11,466. The Standard & Poor’s 500 gained 8 points to 1,201. The Nasdaq Composite Index... Read More
August 16, 2011
U.S. stocks opened lower on Tuesday after data illustrating a slowdown in Germany’s economy renewed worries about the global economy. Losses were tempered, however, as Fitch reaffirmed the United States’ triple-A credit rating. The Dow Jones Industrial Average fell 76 points to 11,406. The Standard & Poor’s 500 Index shed... Read More
August 15, 2011
U.S. stocks opened sharply higher Monday on a spate of corporate deals, including Google’s plan to buy Motorola Mobility Holdings for $12.5 billion are lending support the markets. The Dow Jones Industrial Average gained 120 points to 11,390. The Standard & Poor’s 500 Index advanced 13 points to 1,192. The... Read More
August 12, 2011
U.S. stocks opened with robust gains on Friday after an encouraging report on retail sales in July bolstered sentiment ahead of consumer-confidence data. The Dow Jones Industrial Average rose 126 points to 11,117. The Standard & Poor’s 500 Index climbed 12 points to 1,185. The Nasdaq Composite Index advanced 15... Read More
August 11, 2011
U.S. stocks leapt at Thursday’s start after a surprising fall in jobless claims curbed worries about the economy. The Dow Jones Industrial Average rose 164 points to 10,884. The Standard & Poor’s 500 Index gained 17 points to 1,138. The Nasdaq Composite Index rose 52 points to 2,433. On the... Read More
August 10, 2011
U.S. stocks started sharply lower Wednesday as worries about the global economy weighed heavily after the prior day’s rally. The Dow Jones Industrial Average fell 320 points to 10,919. The Standard & Poor’s 500 Index declined 31 points to 1,140. The Nasdaq Composite Index lapsed 68 points to 2,413. So... Read More
August 9, 2011
U.S. stocks opened sharply higher on Tuesday as Wall Street reclaimed a piece of the prior day’s massive loss. The Dow Jones Industrial Average rose 128 points to 10,938. The Standard & Poor’s 500 Index added 15 points to 1,135. The Nasdaq Composite Index climbed 38 points to 2,396. Plenty... Read More
August 8, 2011
The market remains under heavy pressure today, with the Dow -500 pts (-4.4%), S&P 500 -67 (-5.6%) and the Nasdaq Comp -150 (-5.9%). The surging VIX (+39% today) illustrates a growing sense of panic, and now prices in a +/- 2.8% daily move in the broad market (the span... Read More
August 7, 2011
Volatility continued during Friday’s trade, but stocks finished the day in mixed fashion. That made for a dull conclusion to the worst week of trade in more than two years.
Weakness from the prior session’s precipitous drop had lingered ahead of today’s open, but stocks were able to start the... Read More
August 4, 2011
U.S. stocks opened sharply lower on Thursday after the government said claims for unemployment benefits fell by 1,000 last week, illustrating only limited improvement ahead of Friday’s monthly jobs report. The Dow Jones Industrial Average fell 143 points to 11,752. The Standard & Poor’s 500 Index declined 17 points to... Read More
August 3, 2011
U.S. stocks erased mild opening gains Wednesday as investors drew only limited cheer from a better-than-anticipated report on the labor front. Failing to rebound from its longest losing streak in nearly three years, the Dow Jones Industrial Average dipped again by 9 points to 11,857. The Standard & Poor’s Index... Read More
August 2, 2011
U.S. stocks started lower on Tuesday as investors worried about the health of the recovery and a potential credit downgrade. Helping foster fears, the Commerce Department reported Americans trimmed their spending in June for the first time in almost two years. Extending its longest losing streak in more than a... Read More
August 1, 2011
U.S. stocks opened sharply higher on Monday with Wall Street cheering a last-minute deal to hike the U.S. borrowing limit. Lawmakers were expected to vote later in the day on the agreement that includes $2.4 trillion in spending cuts over 10 years. Bouncing back after its worst week in more... Read More
July 29, 2011
U.S. stocks opened sharply lower and Treasury prices rallied Friday after the government said the economy grew less than forecast in the second quarter and the ongoing political drama in Washington had the nation moving nearer to default. The Dow Jones Industrial Average fell 108 points to 12,131. The Standard... Read More
July 28, 2011
U.S. stocks opened with modest gains on Thursday after the government reported weekly jobless claim fell under 400,000 for the first time since early April. Bullish sentiment, however, was curbed by the ongoing uncertainly over whether lawmakers would reach agreement to hike the U.S. debt ceiling before Tuesday’s deadline. The... Read More
July 27, 2011
U.S. stocks open lower for a fourth straight day as political stalemate over the nation’s debt limit continues. The Dow Jones Industrial Average declined 66 points to 12,435. The Standard & Poor’s 500 Index shed 8 points to 1,323. The Nasdaq Composite Index fell 21 points to 2,818. Plenty of... Read More
July 26, 2011
U.S. stocks opened mostly lower on Tuesday as lawmakers remain in a standoff over the federal debt. The Dow Jones Industrial Average fell 50 points to 12,541. The Standard & Poor’s 500 Index fell nearly 2 points to 1,335. The Nasdaq Composite Index climbed 3 points to 2,846. Plenty... Read More
July 26, 2011
U.S. stocks opened mostly lower on Tuesday as lawmakers remain in a standoff over the federal debt. The Dow Jones Industrial Average fell 50 points to 12,541. The Standard & Poor’s 500 Index fell nearly 2 points to 1,335. The Nasdaq Composite Index climbed 3 points to 2,846. Plenty... Read More
July 25, 2011
U.S. stocks starts steeply lower on Monday as a divided U.S. Congress prepare rival budget plans. The Dow Jones Industrial Average fell 110 points to 12,570. The Standard & Poor’s 500 Index shed 11 points to 1,333. The Nasdaq Composite Index declined 25 points to 2,833. Nothing looks particularly... Read More
July 22, 2011
U.S. stocks struggled Friday after a mostly lower start as Wall Street stumbled over equipment maker Caterpillar lower-than-expected quarterly earnings. The Dow Jones Industrial Average fell 4 points to 12,718, with component Caterpillar down 6.4%. The Standard & Poor’s 500 Index rose a point to 1,344. The Nasdaq Composite Index... Read More
July 21, 2011
U.S. stocks opened higher on Thursday as Morgan Stanley’s less-than-expected quarterly loss raised hopes for hard-hit financial companies. The Dow Jones Industrial Average climbed 34 points to 12,606. The Standard & Poor’s 500 Index gained 5 points to 1,331 with financials leading gains among its 10 industry groups. Erasing gains,... Read More
July 20, 2011
U.S. stocks opened with mild gains on Wednesday as earnings from the likes of Apple are bolstering sentiment that corporate America is faring better than expected regardless of other economic headwinds. The Dow Jones Industrial Average fell 3 points to 12,584. The Standard & Poor’s 500 Index rose 2 points... Read More
July 19, 2011
U.S. stocks opened sharply higher on Tuesday, a day after strong quarterly results from Dow component International Business Machines. A sharp rise in housing starts also supported investor optimism a day after a rout on Wall Street. The Dow Jones Industrial Average rose 116 points to 12,502. The Standard... Read More
July 18, 2011
U.S. stocks started sharply lower, the first day of a busy week of earnings, as investors fret about Europe’s troubles and the debate over lifting the U.S. debt ceiling. The Dow Jones Industrial Average fell a quick 70 points to 12,409. The Standard & Poor’s 500 Index declined 5 points... Read More
July 15, 2011
U.S. stocks open higher thanks to better than expected earnings from Google and a number of M&A deals. The Dow Jones Industrial Average rose 46 points to 12,483. The Standard & Poor’s 500 Index rose 7 points to 1,316. The Nasdaq Composite Index rose 22 points to 2,784. On the... Read More
July 14, 2011
U.S. stocks opened higher on Thursday with sentiment lifted after the government reported applications for jobless benefits slid to a three-month low last week. The Dow Jones Industrial Average rose 8 points to 12,500. The Standard & Poor’s 500 Index climbed 2 points to 1,319. The Nasdaq Composite Index rose... Read More
July 13, 2011
U.S. stocks opened moderately higher Wednesday, poised for their first rise in four days and extending gains booked in parts of Europe and Asia. Investors are temporarily shrugging off concerns about a European debt default and instead looking towards Federal Reserve Chairman Ben Bernanke’s upcoming testimony. The Dow Jones Industrial... Read More
July 12, 2011
U.S. stocks open quietly this morning after a drumming yesterday. Concerns over a spreading Europe debt crisis eased in the wake of a successful Italian bond auction overnight. The Dow Jones Industrial Average declined 6 points to 12,498. The S&P 500 dipped 2 points to 1,317. The... Read More
July 12, 2011
U.S. stocks open quietly this morning after a drumming yesterday. Concerns over a spreading Europe debt crisis eased in the wake of a successful Italian bond auction overnight. The Dow Jones Industrial Average declined 6 points to 12,498. The S&P 500 dipped 2 points to 1,317. The Nasdaq Composite fell... Read More
July 11, 2011
U.S. stocks started Monday’s trading with a steep selloff, as disappointment over the previous sessions jobs report and worries about a spreading European debt crisis weighed. The Dow Jones Industrial Average fell 109 points to 12,550, led by a 2.2% drop in Bank of America shares and a 2.2% decline... Read More
July 8, 2011
Our two week rally came to a halt today due to another disappointing monthly unemployment number. The Dow Jones Industrial Average fell 103 points to 12,617. The S&P 500 lost 13 points, or 1%, to 1,340. The Nasdaq Composite fell 27 points to 2,846. The bulls were forecasting 125,000 new... Read More
July 7, 2011
U.S. stocks opened higher on Thursday, buoyed by a surprise gain in June payrolls estimated by ADP. Strong same-store sales results from the retailers and comments from European Central Bank President Jean-Claude Trichet are also lending support to the averages. The Dow Jones Industrial Average gained 58 points to... Read More
July 6, 2011
U.S. stocks wavered at the start with investors focused on the overseas markets concerning the Chinese hiking interest rates again and Moody’s downgrade of Portugal’s debt late Tuesday. The Dow Jones Industrial Average rose 5 points to 12,575. The Standard & Poor’s 500 Index fell 2 points to 1,335.... Read More
July 5, 2011
U.S. stocks opened mostly lower following the three day weekend and a five-session winning stretch that had the Standard & Poor’s 500 Index rise 5.6%. The Dow Jones Industrial Average fell 19 points to 12,563. The Standard & Poor’s 500 Index fell 4 points to 1,335. The Nasdaq Composite Index... Read More
July 1, 2011
U.S. stocks opened slightly lower to start July and the third quarter following a four day, 4% rally to end the month of June. The Dow Jones Industrial Average fell 3 points to 12,410. The Standard & Poor’s 500 Index declined a point to 1,318. The Nasdaq Composite Index shed... Read More
June 30, 2011
U.S. stocks opened modestly higher on Thursday as portfolio positioning moves on the final day of the second quarter trumped economic data, which had the government reporting a 12th straight week of jobless claims above 400,000. The Dow Jones Industrial Average rose 47 points to 12,309. The Standard & Poor’s... Read More
June 29, 2011
U.S. stocks opened higher on Wednesday, extending gains into a third day, as investors applauded a Bank of America settlement with mortgage holders and Greece finally voted to approve austerity measures. The Dow Jones Industrial Average rose 23 points to 12,212. The Standard & Poor’s 500 Index rose 4 points... Read More
June 28, 2011
U.S. stocks rose Tuesday, adding to the prior day’s gains, on hopes a fix is in the works for Greece’s debt trouble. Better than expected housing numbers are also lending support to the averages. The Dow Jones Industrial Average rose 43 points to 12,087. The Standard & Poor’s 500 Index... Read More
June 27, 2011
U.S. stocks sputtered Monday in trying to bounce back from three days of declines after the government reported consumer spending was unchanged in May. The Dow Jones Industrial Average rose 35 points to 11,969. The Standard & Poor’s 500 Index added 2 points to 1,270. The Nasdaq Composite Index gained... Read More
June 24, 2011
The markets remain on shaky ground. Mixed earnings reports and better than expected GDP and durable goods numbers did little to support the averages. The Dow Jones Industrial Average fell 24 points to 12,025. The Standard & Poor’s 500 Index declined a point to 1,282. The Nasdaq Composite Index... Read More
June 23, 2011
Stocks opened lower Thursday, extending the prior session’s decline as another batch of U.S. economic data showed continuing jobs weakness. The Dow Jones Industrial Average shed 147 points to 11,963. The S&P 500 Index declined 17 points to 1270 while the Nasdaq Composite Index dropped 30 points to 2638. So... Read More
June 22, 2011
U.S. stocks slid at the open Wednesday, weighed by profit-taking after a surge in the prior session in anticipation of a successful next-step towards resolving Greece’s debt crisis. The Dow Jones Industrial Average fell 38 points to 12,150. The S&P 500 slid 3 points to 1,293. The Nasdaq Composite lost... Read More
June 21, 2011
U.S. stocks started with mild but broad gains Tuesday, supported by expectations that Europe was moving closer to a near-term resolution of Greece’s debt problems. The Dow Jones Industrial Average rose 40 points to 12,122 led by Caterpillar and Chevron. The S&P 500 added 5 points to 1,283. The Nasdaq... Read More
June 16, 2011
U.S. stocks wavered at the start thanks to better-than-expected data on U.S. housing and jobs. The Dow Jones Industrial Average rose 16 points to 11,914. The Standard & Poor’s 500 Index added 2 points to 1,268. The Nasdaq Composite Index fell half a point to 2,631. In the retail space,... Read More
June 15, 2011
U.S. stocks opened sharply lower on Wednesday, erasing much of the prior day’s gains, after economic data showed dampening sentiment and weaker manufacturing numbers while the inflation data ran hotter than expected. The Dow Jones Industrial Average fell 118 points to 11,957. The Standard & Poor’s 500 Index... Read More
June 14, 2011
U.S. stocks are set to bounce even though there are plenty of downgrades and weaker than expected economic data out this morning. The Dow Jones Industrial Average rose 95 points to 12,048. The Standard & Poor’s 500 Index added 11 points to 1,283. The Nasdaq Composite Index climbed 25 points... Read More
June 13, 2011
U.S. stocks opened modestly higher, with a spurt of corporate deals helping the indexes bounce back after six consecutive weeks of losses. The Dow Jones Industrial Average climbed 40 points to 11,992. The Standard & Poor’s 500 Index rose 4 points to 1,275. The Nasdaq Composite Index gained... Read More
June 10, 2011
U.S. stocks opened lower on Friday, with the benchmark indexes headed towards a sixth consecutive week of losses. Wall Street’s extended slide has come amid economic reports that have largely disappointed investors worried about the pace of the recovery. The Dow Jones Industrial Average fell 80 points to 12,043.... Read More
June 9, 2011
The U.S. stock market opened mostly higher on Thursday, bouncing back after Wall Street’s longest losing stretch this year, as investors welcomed a report showing the U.S. trade gap narrowed in April. “The lower-than-expected deficit may lead to a rise in second-quarter GDP estimates of up to 0.4%,” said... Read More
June 8, 2011
U.S. stocks edged up after a lower start on Wednesday, a day after Federal Reserve Chairman Ben Bernanke said the economy did not grow as much as had been hoped this year. Erasing its drop, the Dow Jones Industrial Average gained 3 points to 12,074. The Standard & Poor’s... Read More
June 7, 2011
U.S. stocks start higher for once, rebounding after an extended losing streak, with investors waiting to hear from Federal Reserve Chairman Ben Bernanke in the afternoon. The Fed chairman is expected to talk about monetary policy ahead as the central bank winds down its quantitative easing policy. The Dow Jones... Read More
June 6, 2011
U.S. stocks were off to a shaky start on Monday after five straight weeks of losses, maintaining just above its April low. The Dow Jones Industrial Average declined 5 points to 12,146. The Standard & Poor’s 500 dipped a point to 1,299. The Nasdaq Composite Index added 2 points to... Read More
June 3, 2011
U.S. stocks slid sharply on Friday after the government reported tepid jobs growth in May, with the addition of 54,000 to nonfarm payrolls, a fraction of the increase expected by many analysts. “The employment report simply states that the U.S. economy is slipping again, maybe temporarily maybe not, only time... Read More
June 2, 2011
U.S. stocks try to rebound following the biggest one day decline for the Dow Jones Industrial Average this year. The Dow Jones Industrial Average erased opening gains, falling 18 points to 12,272. The Standard & Poor’s 500 dipped 2 points to 1,312. The Nasdaq Composite Index gained less than a... Read More
June 1, 2011
U.S. stocks opened lower on Wednesday after another economic report, this one on private-sector employment in May, came in weaker than expected. The Dow Jones Industrial Average fell 43 points to 12,526. The Standard & Poor’s 500 Index declined 4 points to 1,341. The Nasdaq Composite Index shed 3... Read More
May 31, 2011
U.S. stocks opened sharply higher on Tuesday thanks to a drop in the US dollar and a jump in the Eurp due to optimism that more financial help for Greece is coming. The Dow Jones Industrial Average rose 120 points to 12,561 with all 30 components in the green.... Read More
May 27, 2011
U.S. stocks opened higher on Friday after the Group of Eight leaders, at a two-day summit in France, noted that a strengthening global economy would lead to debt reductions. The Dow Jones Industrial Average rose 49 points to 12,452. The Standard & Poor’s 500 Index advanced 5 points to 1,331.... Read More
May 26, 2011
U.S. stocks opened lower Thursday after reports on initial jobless claims and first-quarter economic growth showed the U.S. economy is on shaky ground. The Dow Jones Industrial Average fell 27 points to 12,365, weighed down by Merck, Travelers, and Caterpillar. The S&P 500 fell 2 points to 1,317 with all... Read More
May 25, 2011
U.S. stocks opened lower on Wednesday, extending a losing streak into a fourth session, with global concerns again in play after Japan reported its exports declined by 12.5% in April after the earthquake and tsunami the prior month. The Dow Jones Industrial Average fell 12 points to 12,343.... Read More
May 24, 2011
U.S. stocks posted modest gains at Tuesday’s start, with energy shares leading a bounce back from the prior day’s finish, which had equities at their lowest level in a month. The Dow Jones Industrial Average rose 28 points to 12,408. The Standard & Poor’s 500 Index added 4 points to... Read More
May 23, 2011
U.S. stocks opened sharply lower on Monday as Italy became the latest European nation to be affected by the region’s debt trouble. Rating agency Standard & Poor’s said during the weekend Italy was at risk of having its debt rating reduced if it could not curb its borrowing and increase... Read More
May 20, 2011
U.S. stock indexes opened lower on Friday, with Wall Street retreating after a two-day climb as retailers Gap and Aeropostale lowered 2011 forecasts. The Dow Jones Industrial Average fell 23 points to 12,581. The Standard & Poor’s 500 Index declined 2 points to 1,340. The Nasdaq Composite Index dropped 3... Read More
May 19, 2011
U.S. stocks opened higher on Thursday thanks to positive employment data even though retail earnings coming in last night and this morning have been disappointing. The Dow Jones Industrial Average rose 49 points to 12,609. The Standard & Poor’s 500 Index climbed 3 points to 1,344. The Nasdaq Composite Index... Read More
May 18, 2011
U.S. stocks opened mostly lower Wednesday, even though the earnings so far this morning are looking better than expected. The Dow Jones Industrial Average fell 35 points to 12,444. The Standard & Poor’s 500 Index declined 2 points to 1,326. Both indexes are lower for the fourth straight session. The... Read More
May 17, 2011
U.S. stocks open solidly in the red following a number of earnings reports that haven’t met expectations. The Dow Jones Industrial Average fell 73 points to 12,477. The S&P 500 lost 5 points to 1,324. The Nasdaq Composite fell 13 points to 2,769. HP shares fell 6% following... Read More
May 16, 2011
U.S. stocks opened lower on Monday thanks to disappointing economic data and an embarrassing arrest of the managing director of the International Monetary Fund organization. The Dow Jones Industrial Average fell 26 points to 12,571. The Standard & Poor’s 500 Index fell 2 points to 1,335. The Nasdaq Composite Index... Read More
May 13, 2011
Today is Triskaidekaphobia, the fear of the number 13 particularly on Fridays. U.S. stocks wobble at the start after a report showing the cost of living climbed in April. The Dow Jones Industrial Average fell 4 points to 12,687. The Standard & Poor’s 500 Index fell nearly a point to... Read More
May 12, 2011
U.S. stocks opened lower on Thursday after a slate of U.S. economic reports and disappointing earnings. The Dow Jones Industrial Average finished down 48 points at 12,581. The Standard & Poor’s 500 Index declined 5 points to 1,336. The Nasdaq Composite Index lost 17 points to 2,827. On the earnings... Read More
May 11, 2011
U.S. stocks opened lower on Wednesday, retreating after a three-day rise, with commodities falling after data showed Chinese inflation remained elevated, prompting thoughts of more monetary tightening that could tame demand. The Dow Jones Industrial Average fell 54 points to 12,706 with component Walt Disney sliding 5.2% a day after... Read More
May 10, 2011
U.S. stocks opened higher on Tuesday, extending gains into a third day, after Microsoft said it would buy Internet phone company Skype Technologies for $8.5 billion. The Dow Jones Industrial Average added 27 points to 12,712. The Standard & Poor’s 500 Index rose 2 points to 1,349. The Nasdaq Composite... Read More
May 9, 2011
U.S. stocks opened mildly higher on Monday as commodities bounced back from last week’s rout. The Dow Jones Industrial Average rose 14 points to 12,653. McDonalds is up a percent on better than expected The Standard & Poor’s 500 Index climbed 2 points to 1,342. The Nasdaq Composite added a... Read More
May 6, 2011
The major averages jump over 1% to start the day thanks to better than expected April payrolls data reviving a market knocked down by heavy selling pressure within the commodity space. The Dow Jones Industrial Average rose 144 points to 12,728. The Standard & Poor’s 500 Index rose 16 points... Read More
May 5, 2011
U.S. stocks opened lower on Thursday, extending losses into a fourth day for two of the three benchmark indexes, as equities and commodities get hit again after a surprise rise in jobless claims. The Dow Jones Industrial Average fell 70 points to 12,652. The Standard & Poor’s 500 Index declined... Read More
May 4, 2011
U.S. stocks opened mostly lower on Wednesday as Wall Street began what could be another day of price consolidation even though the employment data continues to improve. The Dow Jones Industrial Average fell 16 points to 12,790. The Standard & Poor’s 500 Index dipped 2 point to 1,354. The Nasdaq... Read More
May 3, 2011
U.S. stocks started Tuesday’s session with minor losses, following a couple disappointing corporate earnings. The Dow Jones Industrial Average lost 7 points to 12,800, led by a 2% drop in shares of Pfizer after the drug company reported earnings. The S&P 500 fell 2 points to 1,358 with energy and... Read More
May 2, 2011
U.S. stocks opened higher on Monday as Wall Street cheered news that U.S. forces had killed al Qaeda leader Osama bin Laden. The Dow Jones Industrial Average rose 49 points to 12,859. The Standard & Poor’s 500 Index added 4 points to 1,367. The Nasdaq Composite Index rose 7 points... Read More
April 29, 2011
U.S. stocks wobble at the start following disappointing earnings at Microsoft and lowered guidance from smart phone maker Research in Motion. The Dow Jones actually rose 25 points to 12,788 thanks to a 2.7% advance in Caterpillar following blowout earnings. The Standard & Poor’s 500 Index added a point to... Read More
April 28, 2011
U.S. stocks opened mildly lower on Thursday after data illustrated a first-quarter economic slowdown and another disappointing weekly report on the labor front. The Dow Jones Industrial Average fell 9 points to 12,681. The Standard & Poor’s 500 Index declined a point to 1,354. The Nasdaq Composite Index dipped 4... Read More
April 27, 2011
U.S. stocks opened mildly higher thanks to strong earnings ahead of Federal Reserve Chairman Ben Bernanke’s news conference. The Dow Jones Industrial Average rose 8 points to 12,603. Boeing is up 2% following earnings. The Standard & Poor’s 500 Index climbed a point to 1,348. The Nasdaq Composite gained 5... Read More
April 26, 2011
U.S. stocks open modestly higher following a plethora of better than expected earnings this morning. The Dow Jones Industrial Average added 21 points to 12,502. Within the Dow, 3M looks good while Coke is one of the few components lower after missing estimates. The Standard & Poor’s 500... Read More
April 25, 2011
U.S. stocks opened mostly lower on Monday as the benchmark indexes faced resistance near three-year highs and as investors tracked escalating energy costs. The Dow Jones Industrial Average fell 17 points to 12,488. The Standard & Poor’s 500 Index fell a point to 1,336. The Nasdaq Composite rose 2 points... Read More
April 21, 2011
U.S. stocks opened higher on Thursday, with the Dow Jones Industrial Average at a multiyear high, as better-than-expected earnings once again support sentiment. The Dow Jones Industrial Average rose 24 points to 12,477. The Standard & Poor’s 500 Index added 6 points to 1,336. The Nasdaq Composite Index gained 14... Read More
April 20, 2011
U.S. stocks opened sharply higher on Wednesday after a plethora of blue chip stocks including Intel are projecting better sales and earnings. The Dow Jones Industrial Average rallied 160 points to 12,426. United Tech is up 4% thanks to strong earnings and a hike in their outlook. The Standard &... Read More
April 19, 2011
U.S. stocks began higher on Tuesday as first-quarter earnings from Johnson & Johnson and Goldman Sachs Group helped lifted investor sentiment. The Dow Jones Industrial Average climbed 33 points to 12,235. J&J is trading up 2%. The Standard & Poor’s 500 Index gained 3 points to 1,308. The Nasdaq Composite... Read More
April 18, 2011
U.S. stock-indexes opened sharply lower on Monday after Standard & Poor’s revised its long-term outlook on the U.S. to negative from stable indicating that the U.S. has a very large budget deficit and rising government indebtedness with no clear path to addressing the problem. The Dow Jones Industrial Average... Read More
April 15, 2011
U.S. stocks opened slightly higher on Friday after a series of economic reports took some of the sting from disappointing earnings results from search giant Google and Bank of America. The Dow Jones Industrial Average gained 18 points to 12,303. The Standard & Poor’s 500 Index rose 2 points to... Read More
April 14, 2011
U.S. stocks started lower on Thursday after the government reported unemployment claims climbed for the first time in three weeks and wholesale prices rose 0.7% in March. The Dow Jones Industrial Average fell 50 points to 12,220. The Standard & Poor’s 500 Index declined 6 points to 1,307. The Nasdaq... Read More
April 13, 2011
U.S. stocks opened higher Wednesday, bouncing back from the prior day’s steep drop, after earnings from bank powerhouse J.P. Morgan Chase topped expectations. The Dow Jones Industrial Average rose 54 points to 12,318. The Standard & Poor’s 500 Index added 5 points to 1,320, with energy up the most among... Read More
April 12, 2011
U.S. stocks opened lower Tuesday after Japan raised its nuclear-disaster level and Alcoa disappointing first-quarter revenue growth weighed on sentiment. The Dow Jones Industrial Average fell 70 points to 12,311. The Standard & Poor’s 500 Index shed 7 points to 1,317. The Nasdaq Composite fell 13 points to 2,757. The... Read More
April 11, 2011
U.S. stocks opened modestly higher on Monday, the start of first-quarter earnings season, with investors optimistic about corporate results ahead. The Dow Jones Industrial Average rose 29 points to 12,409. Alcoa is up a percent ahead of earnings tonight. The Standard & Poor’s 500 Index added 2 points to... Read More
April 8, 2011
U.S. stocks on Friday opened with a modest rebound from the prior day’s losses, but the gains could be hindered as oil prices ran up to levels not seen since September 2008. The Dow Jones Industrial Average rose 29 points to 12,439. The Standard & Poor’s 500 Index climbed 3... Read More
April 7, 2011
U.S. stocks opened mostly lower on Thursday as investors considered whether the European Central Bank would continue to hike interest rates to curb inflation. The Dow Jones Industrial Average dipped 8 points to 12,418. The Standard & Poor’s 500 Index declined fractionally to 1,335. The Nasdaq Composite Index gained 2... Read More
April 6, 2011
U.S. stock indexes opened higher on Wednesday as investors banked on positive earnings. Seed producer Monsanto helped sentiment, reporting a 15% rise in second-quarter profit compared to a year ago. The Dow Jones Industrial Average rose 49 points to 12,443. The Standard & Poor’s 500 Index climbed 6... Read More
April 5, 2011
U.S. stocks started with mild losses Tuesday, as investors stayed to the sidelines ahead of midmorning U.S. data and the release of the Federal Reserve’s interest-rate-meeting minutes.. The Dow Jones Industrial Average declined 14 points to 12,386, led by a slip in Boeing shares. The S&P 500 dipped a point... Read More
April 4, 2011
U.S. stocks started higher on Monday to start the first full week of the New Year. The Dow Jones Industrial Average rose 24 points to 12,400. GE is up a percent after receiving a positive cover piece on the Barrons magazine over the weekend. Pfizer is also higher after... Read More
April 1, 2011
U.S. stocks started the new month on a high note after the government reported employers in March added more jobs than expected and the unemployment rate unexpectedly fell to 8.8%. The Dow Jones Industrial Average rose 51 points to 12,371. The Standard & Poor’s 500 Index climbed 7 points to... Read More
March 31, 2011
U.S. stocks on Thursday started the final day of the quarter slightly lower after the government reported a smaller-than-expected drop in weekly jobless claims. The Dow Jones Industrial Average fell a fraction to 12,350. The Standard & Poor’s 500 Index dipped a point to 1,327 while the Nasdaq Composite was... Read More
March 30, 2011
U.S. stocks opened higher on Wednesday after the monthly ADP employment report offered encouragement ahead of Friday’s payroll report from the Department of Labor. The Dow Jones Industrial Average rose 50 points to 12,329. The Standard & Poor’s 500 Index climbed 6 points to 1,326. The Nasdaq Composite Index... Read More
March 29, 2011
U.S. stocks opened mildly lower as investors continue to digest the big gains from last week. The Dow Jones Industrial Average dipped fractionally to 12,197. The Standard & Poor’s 500 Index declined 2 points to 1,308. The Nasdaq Composite dropped 6 points to 2,724. Most sectors are trading a... Read More
March 28, 2011
U.S. stocks opened modestly higher on Monday after the government reported consumers spent more than expected in February. After its biggest weekly gain since July, the Dow Jones Industrial Average added 20 points to 12,241. The Standard & Poor’s 500 Index rose 2 points to 1,315. The Nasdaq Composite Index... Read More
March 25, 2011
U.S. stocks on Friday opened higher to extend gains into a fourth straight day after the government said the U.S. economy grew more rapidly than some thought at the end of last year. The Dow Jones Industrial Average rose 36 points to 12,206. The Standard & Poor’s 500 Index added... Read More
March 24, 2011
U.S. stocks opened higher Thursday after gains in equities overseas, with Wall Street focused on corporate profit and the U.S. economic recovery. The Dow Jones Industrial Average added 40 points to 12,126. Caterpillar is higher by a percent to new highs after reaffirming numbers last night. The Standard &... Read More
March 23, 2011
U.S. stocks opened lower Wednesday after Adobe Systems and a couple of other techs projected quarterly profits below expectations as the crisis in Japan dented sales. The Dow Jones Industrial Average fell 24 points to 11,994. The Standard & Poor’s 500 Index declined 4 points to 1,289. The Nasdaq Composite... Read More
March 22, 2011
U.S. stocks opened slightly higher Tuesday, with investors hesitant to extend a winning run into a fourth consecutive session after the biggest three day gain since September. The Dow Jones Industrial Average inched up 4 points to 12,041. The Standard & Poor’s 500 Index opened flat at 1,298. The... Read More
March 21, 2011
U.S. stocks started sharply higher Monday as Wall Street embraced AT&T planned acquisition of T-Mobile USA in a move that would make it the nation’s biggest wireless player. The Dow Jones Industrial Average rose 158 points to 12,016 with telecom giants Verizon Communications and AT&T leading the gains among... Read More
March 18, 2011
U.S. stocks opened sharply higher as Wall Street welcomed news of a ceasefire in Libya and a coordinated effort by industrialized nations to bring the Japanese yen down from historic highs. The Dow Jones Industrial Average rose 144 points to 11,919 led by a 2% rally in Caterpillar. The Standard... Read More
March 17, 2011
U.S. stocks surged higher at Thursday’s start, recovering a large chunk of the prior day’s losses, as investors looked to a Group of Seven meeting to help calm investors’ nerves about the nuclear disaster in Japan. The Dow Jones Industrial Average rose 127 points to 11,741. The Standard & Poor’s... Read More
March 16, 2011
U.S. stocks surged higher at Thursday’s start, recovering a large chunk of the prior day’s losses, as investors looked to a Group of Seven meeting to help calm investors’ nerves about the nuclear disaster in Japan. The Dow Jones Industrial Average rose 127 points to 11,741. The Standard & Poor’s... Read More
March 15, 2011
U.S. stocks opened sharply lower Tuesday, extending heavy losses in Asian and European trading, as investors reacted to news that a damaged nuclear reactor in Japan was leaking more radiation into the atmosphere. The Dow Jones Industrial Average tumbled 264 points, or 2.2%, to 11,728, led by a 5% drop... Read More
March 14, 2011
U.S. stocks started moderately lower Monday, led by a pullback in utilities, as investors focused on efforts in Japan to avoid a nuclear catastrophe after Friday’s massive earthquake led to explosions at two nuclear reactors. The Dow Jones Industrial Average dropped 44 points to 12,001, led by a 2% drop... Read More
March 11, 2011
U.S. stocks opened slightly lower Friday after an 8.9 earthquake in Japan provided a new bout of uncertainty to global markets already rattled by oil prices and Middle East unrest. The Dow Jones Industrial Average declined 25 points to 11,958. The S&P 500 dipped a point to 1,294. The Nasdaq... Read More
March 11, 2011
U.S. stocks opened slightly lower Friday after an 8.9 earthquake in Japan provided a new bout of uncertainty to global markets already rattled by oil prices and Middle East unrest. The Dow Jones Industrial Average declined 25 points to 11,958. The S&P 500 dipped a point to 1,294. The... Read More
March 10, 2011
U.S. stocks drop like a rock on the open after early-morning data on jobless claims and the trade deficit added to worries that the global recovery could be slowing. The Dow Jones Industrial dropped a quick 182 points to 12031 with all 30 components lower. The S&P 500 sank 21... Read More
March 9, 2011
The U .S. stocks opened with modest losses, giving up some of the prior session’s surge, as industrial and metals stocks fell as oil prices rose once again. The Dow Jones Industrial Average dipped 10 points to 12,204, led by a drop in DuPont and Caterpillar shares. The S&P 500... Read More
March 8, 2011
U.S. stocks open modestly higher led by the financials and Bank of America following positive comments at their investor day conference this morning. The Dow Jones Industrial Average inched up 5 points to 12094 with Bank of America up 2%. The S&P 500 rose a point to 1,310 with financial... Read More
March 7, 2011
The major averages open higher once again thanks in part to the oils as crude oil rallies once again above $107 a barrel. The Dow Jones Industrial Average rose 32 points to 12,199. The S&P 500 gained 3 points to 1,324, with energy stocks in the lead. The Nasdaq Composite... Read More
March 4, 2011
U.S. stocks opened mildly lower Friday, a day after equities posted their biggest gain in three months, as the February jobs report sparked worries that earnings growth might not be keeping up with rising energy costs. The Dow Jones Industrial Average fell 4 points to 12,253. The Standard & Poor’s... Read More
March 3, 2011
U.S. stocks extended Thursday gains as Wall Street embraced data showing applications for jobless benefits fell to near three-year low. The Dow Jones Industrial Average rocketed158 points to 1,225. The Standard & Poor’s 500 Index gained 16 points to 1,325. The Nasdaq Composite Index rose 38 points to 2,786. Everything... Read More
March 2, 2011
U.S. stock indexes open modestly lower as oil rises above $100 a barrel outweigh enthusiasm from economic data demonstrating more robust jobs growth in February. The Dow Jones Industrial Average fell 17 points to 12,040. The Standard & Poor’s 500 Index dipped a point to 1,304. The Nasdaq Composite Index... Read More
March 1, 2011
U.S. stock indexes open modestly lower as oil rises above $100 a barrel outweigh enthusiasm from economic data demonstrating more robust jobs growth in February. The Dow Jones Industrial Average fell 17 points to 12,040. The Standard & Poor’s 500 Index dipped a point to 1,304. The Nasdaq Composite Index... Read More
February 28, 2011
U.S. stocks opened higher on Monday as no further unrest in the Middle East allowed the price of oil to decline this morning. A Federal Reserve official is also lending support offering an optimistic take on the recovery. The Dow Jones Industrial Average rose 52 points to 12,182. The Standard... Read More
February 25, 2011
U.S. stocks opened higher Friday, with equities rebounding after a recent string of losses that came with a surge in crude prices. The Dow Jones Industrial Average rose 40 points to 12,108. The Standard & Poor’s 500 Index climbed 7 points to 1,313. The Nasdaq Composite added 23 points to... Read More
February 24, 2011
U.S. stocks look ready for a bounce even as crude-oil futures top $100-a-barrel this morning. The Dow Jones Industrial Average declined 12 points to 12,093. The Standard & Poor’s 500 Index fell a point to 1,306. The Nasdaq Composite Index inched up a point to 2,724. A number of stocks... Read More
February 23, 2011
U.S. stocks open mildly lower with investors looking for direction after yesterday largest down day so far this year. Energy shares are up once again as crude-oil futures topped $97 a barrel, while the technology sector is weighed down by technology giant Hewlett-Packard following disappointing guidance. The Dow Jones Industrial... Read More
February 22, 2011
U.S. stock opened sharply lower with escalating violence in Libya after data showed U.S. home-prices falling 1% in December. The Dow Jones Industrial Average dropped 75 points to start the day at 12,300. Standard & Poor’s 500 Index fell 15 points to 1,326 while Nasdaq declined 35 points to 2,359.... Read More
February 18, 2011
U.S. stocks opened unchanged as many investors were reluctant to make big moves ahead of the long holiday weekend. The Dow Jones Industrial Average declined 3 points to 13315. The Standard & Poor’s 500 Index dipped a point to 1,339. The Nasdaq Composite gained a fraction to 2,831. The earnings... Read More
February 17, 2011
U.S. stocks opened lower on Thursday after economic data had both the cost of living and the count of weekly filings for unemployment benefits rising more than anticipated. The Dow Jones Industrial Average fell 31 points to 12,256. The Standard & Poor’s 500 fell 4 points to 1,331. The Nasdaq... Read More
February 16, 2011
U.S. stocks opened higher on Wednesday with sentiment lifted by corporate deal activity and better than expected earnings. The Dow Jones Industrial Average rose 31 points to 12,257. The Standard & Poor’s 500 Index added 5 points to 1,333. The Nasdaq Composite rose 13 points to 2,817. The diamond of... Read More
February 15, 2011
U.S. stocks dipped at Tuesday’s start after economic reports had retail sales climbing less than expected in January and the cost of imported goods on the rise. The Dow Jones Industrial Average fell 51 points to 12,216. The Standard & Poor’s 500 Index fell 4 points to 1,327. The... Read More
February 14, 2011
U.S. stocks opened mostly lower on Monday after two weeks of gains, with investors waiting for the president’s budget proposal. The Dow Jones Industrial Average fell 25 points to 12,247. The Standard & Poor’s 500 Index dipped a point to 1,328. The Nasdaq Composite added 2 points to 2,811. The... Read More
February 11, 2011
U.S. stock indexes opened lower on Friday as Wall Street continues to track reports that Egyptian President Hosni Mubarak won’t step down. The Dow Jones Industrial Average fell 44 points to 12,184. The Standard & Poor’s 500 Index dipped 5 points to 1,316. The Nasdaq Composite declined 6 points to... Read More
February 10, 2011
U.S. stocks opened lower on Thursday after earnings disappointments from corporations including technology giant and Dow component Cisco Systems. The Dow Jones Industrial fell 39 points to 12,200. The Standard & Poor’s 500 Index dipped 4 points to 1,316 while the Nasdaq Composite declined 21 points to 2,767. In the... Read More
February 9, 2011
U.S. stocks on Wednesday retreated a bit from a striking run that has the averages up more than 5% this year, with Federal Reserve Chairman Ben Bernanke’s testimony coming up. “The market has lacked a domestic catalyst to trigger selling. That makes it difficult to call this ‘climbing a wall... Read More
February 8, 2011
U.S. stocks on Tuesday struggled to shake off mild opening losses, with Wall Street mulling whether to extend a climb that had the major indexes on Monday finishing at multiyear highs. Investors were considering the potential impact of another rate hike by China, corporate earnings and M&A activity. The Dow... Read More
February 7, 2011
U.S. stocks on Tuesday struggled to shake off mild opening losses, with Wall Street mulling whether to extend a climb that had the major indexes on Monday finishing at multiyear highs. Investors were considering the potential impact of another rate hike by China, corporate earnings and M&A activity. The Dow... Read More
February 4, 2011
U.S. stocks sputter on the open as investors mulled a largely disappointing monthly jobs report. The Dow Jones Industrial Average fell 10 points to 12,052. The Standard & Poor’s 500 Index declined a point to 1,305. The Nasdaq Composite fell nearly 2 points to 2,751. The averages were ready to... Read More
February 3, 2011
U.S. stocks wavered at the start as solid retail sales and decent economic data did little to lift the averages. Tomorrow is the big monthly unemployment number. The Dow Jones Industrial Average fell 9 points to 12,032. The Standard & Poor’s Index fell a point to 1,302. The Nasdaq... Read More
February 2, 2011
U.S. stocks started mildly lower Wednesday after climbing to their highest finish in more than two years. The Dow Jones Industrial Average fell 7 points to 12,032. The Standard & Poor’s 500 Index declined 3 points to 1,304. The Nasdaq Composite declined 4 points to 2,746. The earnings keep coming.... Read More
February 1, 2011
U.S. stocks on Tuesday started the new month on a high note as Wall Street’s focus shifted back to optimism about the global recovery ahead of U.S. manufacturing data. The Dow Jones Industrial Average rose 66 points to 11,958. The Standard & Poor’s 500 Index gained 10 points to 1,296.... Read More
January 31, 2011
U.S. stocks opened higher Monday after tensions in the Middle East in particular Egypt have eased a little bit. Better than expected earnings from Exxon Mobil is lending support to the markets as well. The Dow Jones Industrial Average added 29 points to 11,852. Exxon Mobil is trading up a... Read More
January 28, 2011
U.S. stocks edged higher to start Friday’s session, with the government reporting economic expansion gathered steam in the final quarter of 2010, albeit a tad under forecasts. The Dow Jones Industrial Average rose 6 points to 11,995. The Standard & Poor’s 500 Index added nearly a point to... Read More
January 27, 2011
U.S. stocks opened slightly lower on Thursday, after the Labor Department reported a bigger-than-expected increase in weekly jobless claims. The Dow Jones Industrial Average fell 2 points to 11,983 as shares of Procter & Gamble declined 3.1%, and of AT&T dropped 2.3%. The S&P 500 index opened flat at 1,296.... Read More
January 26, 2011
U.S. stocks opened mostly up on Wednesday amid another heavy round of earnings with Boeing weighing on the Dow Jones Industrial Average. The Dow fell 4 points to 11,972 on the open due in part to a 3% drop in Boeing. The Standard & Poor’s 500 Index rose 2... Read More
January 25, 2011
U.S. stocks opened lower on Tuesday as investors sort through a slew of corporate earnings, including a disappointing 2011 outlook from health-care giant Johnson & Johnson. The Dow Jones Industrial Average fell 21 points to 11,959 after closing at a two and a half year high yesterday. The Standard &... Read More
January 24, 2011
U.S. stocks struggle on the open as investors digest quarterly earnings from fast-food giant McDonald’s and others. The Dow Jones Industrial Average rose 13 points to 11,885. McDonalds is trading down a percent. The Standard & Poor’s 500 Index inched up a point to 1,284 while the Nasdaq Composite climbed... Read More
January 21, 2011
U.S. stocks opened higher on Friday led by better than expected earnings from the likes of General Electric and Google. The Dow Jones Industrial Average rose 57 points to 11,880 thanks to a 5% jump in GE. The Standard & Poor’s 500 Index added 7 points to 1,287. The Nasdaq... Read More
January 20, 2011
U.S. stocks opened lower on Thursday, with the Standard & Poor’s 500 Index extending its largest fall this year, as the quickening growth of China’s economy sparked worries it may move further to curb inflation. The Dow Jones Industrial Average fell 42 points to 11,782. The S&P 500 declined 6... Read More
January 19, 2011
U.S. stocks opened mostly lower on Wednesday, after Goldman Sachs reported a drop in earnings and housing data didn’t live up to expectations. Strong results from Apple and IBM are helping boost some technology stocks. The Dow Jones Industrial Average inched up 5 points to 11,843, thanks to a... Read More
January 18, 2011
U.S. stocks on Tuesday opened in a shaky manner as earnings from banking giant Citigroup further rattled investors already unsettled by concerns over Apple’s CEO stepping down for health reasons. The Dow Jones Industrial Average gained 20 points to 11,808. The Standard & Poor’s 500 Index opened flat at... Read More
January 14, 2011
U.S. stocks opened lower on Friday after China hiked its bank-reserve requirements and U.S. economic data showed consumer prices climbing in December due in part to the rising cost of gasoline. The Dow Jones Industrial Average declined 14 points to 11,717. The Standard & Poor’s Index opened flat at 1,283.... Read More
January 13, 2011
U.S. stocks opened lower on Thursday, as a jump in weekly jobless claims and stronger than expected inflation data fueled concerns about the economy. The Dow Jones Industrial Average fell 10 points to 11,744, weighed down by a 4% drop in Merck’s shares after they discontinued research on an experimental... Read More
January 12, 2011
U.S. stocks open near the highs for the year as investors expressed relief after Portugal’s sound bond sale and reacted to hopeful signals from the banking sector. The Dow Jones Industrial Average rose 57 points to 11,729. The Standard & Poor’s 500 Index added 7 points to 1,281. The Nasdaq... Read More
January 11, 2011
U.S. stocks rebounded Tuesday on earnings-related optimism and after Japan joined China in saying it plans to buy bonds issued by Europe’s financial-aid fund. Snapping a three-session losing streak, the Dow Jones Industrial Average added 59 points to 11,697. The Standard & Poor’s 500 Index rose 6 points to 1,276.... Read More
January 10, 2011
U.S. stock indexes on Monday fell as Europe’s debt troubles came back into play, with worry focused on Portugal. The Dow Jones Industrial Average fell 58 points to 11,616. The Standard & Poor’s 500 Index declined 6 points to 1,264. The Nasdaq Composite shed 16 points to 2,686. The first... Read More
January 7, 2011
U.S. stocks struggle to rally following a disappointing December jobs report. The Dow Jones Industrial Average inched up 5 points to 11,702. The Standard & Poor’s 500 Index opened up a fraction at 1,274. The Nasdaq Composite fell 3 points to 2,706. The economy only added 113,000 new jobs while... Read More
January 6, 2011
U.S. stock indexes had a shaky start on Thursday as investors sorted through mixed results from retailers and weekly data on the labor front. After a four-session winning run, the Dow Jones Industrial Average fell 4 points to 11,718. The Standard & Poor’s 500 Index fell a point... Read More
January 5, 2011
U.S. stocks opened modestly lower on Wednesday as a rising dollar hit commodities and natural-resource companies. The Dow Jones Industrial Average fell 27 points to 11,663. The Standard & Poor’s 500 Index declined 3 points to 1,266. The Nasdaq Composite shed 6 points to 2,674. Ahead of Wall Street’s start,... Read More
January 4, 2011
U.S. stocks open higher once again following a great start to the New Year on Monday. The Dow Jones Industrial Average rose 16 points to 11,686. The Standard & Poor’s 500 Index inched up a point to 1,272. The Nasdaq Composite Index advanced 6 points to 2,697. Shortly after... Read More
January 3, 2011
Up, up, and away. U.S. stocks opened higher on Monday as Wall Street extended its 2010 rise in the first day of trading of the New Year. The Dow Jones Industrial Average rose 94 points to 11,671. The Standard & Poor’s 500 Index gained 10 points to 1,268. The Nasdaq... Read More
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