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Content Tagged As stock_market

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  • Dow surges over 200 points

    June 6, 2012 1:58 PM

    NEW YORK (AP) -- An early 200-point charge turned the Dow Jones industrial average positive for the year following a dismal stretch in May. The Dow surged 211 points to 12,340 shortly after noon Eastern. That's an increase of 1.7 percent. All 30 Dow stocks were higher, led... more »
  • Dow near 2008 crisis high

    January 26, 2012 12:25 PM

    The Dow Jones industrial average was trading near its highest close since the 2008 financial crisis Thursday afternoon after solid news on factory orders and strong earnings from U.S. manufacturers highlighted the economy's growing momentum. Broader market indexes edged lower, though they are also sharply higher this year. Traders... more »
  • Dow falls more than 400 on fears about economy

    September 22, 2011 4:19 PM

    NEW YORK (AP) - Stocks have closed sharply lower after investors sold stocks with abandon, convinced that the U.S. and the world are headed for a new recession. The Dow Jones industrial average fell as much as 527 points, the second consecutive rout since the Federal Reserve announced a change... more »
  • Tropical Storm Irene hits stock market

    August 29, 2011 8:37 AM

    NEW YORK (AP) - U.S. stock futures are rising after the damage from Tropical Storm Irene wound up being less than many analysts had anticipated. The storm ripped through the East Coast and caused widespread flooding. Millions were without power. However a consulting firm predicted that insured damages would... more »
  • Stock market down more than 500 points

    August 10, 2011 4:09 PM

    (AP) - Dow closes down 520 points; S&P 500 and Nasdaq down more than 4 percent. Stocks are finishing the day with sharp declines, as investors turn their attention back to the weak economy. As for yesterday's late-afternoon surge that saw the market finish with solid gains, investors and... more »
  • Stocks gain after drop in jobless claims

    May 19, 2011 11:59 AM

    NEW YORK (AP) - Stocks are opening higher, extending Wednesday's gains, after a government report showed a sharp drop in new claims for unemployment benefits for a second straight week. It's a sign that the job market is slowly recovering. The Department of Labor is reporting that applications for... more »
  • Dow closes above 11,000 for first time since May

    October 8, 2010 4:41 PM

    The Dow Jones industrial average closed above 11,000 for the first time in five months as hopes build that the Federal Reserve will take more action to get the economy going again. A weaker jobs report early Friday added to a series of tepid economic indicators in recent weeks... more »
  • Americans permanently pull money from stock market

    September 14, 2010 8:37 AM

    Americans used to see Wall Street as a pretty safe place to invest for their retirement. But a lot of people no longer see it that way, which could explain why investors have been moving their money away from stocks and into bonds. About three out of five people... more »
  • Stock market tumbles to end week

    June 4, 2010 4:26 PM

    Stocks have tumbled after the government said hiring remains weak and Hungary became the latest European country to report its economy is in crisis. The Dow Jones industrials are down 324 points Friday at 9,931. The Labor Department says private employers added 41,000 jobs in May, down dramatically from... more »
  • Dow below 10,000 as stocks slide continues

    May 21, 2010 10:08 AM

    The Dow Jones industrial average opened below 10,000 points today in a fourth straight day of declines. The drop Friday comes a day after major indexes posted their biggest declines in more than a year. That pushed the market to "correction" mode, or a sharp decline from a recent... more »
  • Bill changing state pension system up for a vote

    January 26, 2010 10:18 AM

    A plan to change the state's pension system is set to get its first hearing at the Capitol. The bill has the backing of Senate leadership and is expected to pass a vote in the Senate Finance Committee Tuesday. One of the proposed changes would likely wipe out... more »
  • Dow inching close to 10,000. Now what?

    September 22, 2009 10:13 PM

    One year ago, the Dow Jones Industrial Average closed at 11,015.69, down 372 points. Monday, the Dow closed at 9,829.87, up 51 points. So where does that leave the economy? Still up in the air, but on the mend. "The consumer is still nervous. We can see consumers sales... more »
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