Content Tagged As stock_market

2 years 5 months ago

Dow surges over 200 points

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...

2 years 9 months ago

Dow near 2008 crisis high

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...

3 years 2 months ago

Tropical Storm Irene hits stock market

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...

3 years 3 months ago

Stock market down more than 500 points

(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...

3 years 6 months ago

Stocks gain after drop in jobless claims

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...

4 years 5 months ago

Stock market tumbles to end week

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...

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