Posts Tagged ‘Stock Market’
Optimism Boosts Stocks 200 Points
The Daily Beast - To buy or to sell? That is the question. Across the board, stocks rallied today—with the Dow up 214.33 points, to close at 8,246.74, and the S&P surging 3.39 percent, putting it in positive territory for 2009—spurred by statistics showing that construction spending and pending home sales were on the rise. Read More
Stocks tumble on news that investors no longer take banks at their word when they say things are going well
Yahoo News - Investors are back to worrying about banks. Long-present unease about soured loans bubbled over on Monday after Bank of America Corp. said it set aside $13.4 billion to cover lending losses even as it posted earnings that beat expectations. Other big banks have also increased loss provisions in the past two weeks. Major market [...]
Wall Street plunges faster than the diamond that old woman dropped at the end of Titanic. Are you ready to go back?
CNN Money.com - Stocks tumbled Monday, with the Dow and S&P 500 falling to 12-year lows after insurance company American International Group's huge quarterly loss added to worries about the financial sector and the economy.
The Latest from the Financial Markets
Thngs were pretty steady this week. Get the latest news on the financial markets from our friends at Fox Business News! Happy Holidays!
Interesting: The Stock Market, between 1950 – 2006, moved 5% or more in one day 34 times. In 2008 its happened 42 times.
Hang On! The Year isn't Over, Yet! Source
Markets Strong During Thanksgiving Week
The markets closed on Friday up 102+ points. It marked the 5th straight day that the DOW had closed on the positive side. That hasn't happened since July 2007. Here is Fox's Financial Markets Week in Review. The upcoming Jobs report is not supposed to be pretty, so continued gains at the start of December should not be expected. Let's hope [...]
Dallas Maverick’s owner slapped with personal foul by SEC.
Today the Dallas Maverick owner, Mark Cuban, was handed a complaint by the commission for insider trading. It alleges that Mark Cuban was informed of an impending stock offering at Mamma.com (a search engine company now know as Copernic.), and that within hours of learning of it, he dumped his stocks. According to the complaint, Cuban called his [...]
Dow Dives Again
For the 2nd consecutive day after the election of Barack Obama as the President-Elect, the DOW suffered another huge hit today, losing 443 points down to 8695.79. Coupled with the 486 point drop on Wednesday, the two-day percentage drop of 9% is the steepest suffered by the DOW since October 1987. The nation's retailers announced huge decreases [...]
