The recent momentum in financial stocks ebbed, leaving the market at risk of snapping a three-day winning streak as Friday’s closing bell neared. Investors digested mixed readings of consumer spending and sentiment, and many traders avoided big bets ahead of a packed calendar of economic releases next week. But a few corporate announcements [...]
Stocks edged higher for a second straight day thanks to a rally in the financial sector led by American International Group and Citigroup, which conducted a successful offering of $2 billion in securities. The deal heightened traders’ confidence that Wall Street is putting the worst effects of the financial crisis behind it. In [...]
Signs of slowing job losses in the U.S. sparked the best one-day gain in stocks in more than two weeks as investors bet more aggressively on economic recovery. The Dow Jones Industrial Average ended 122.06 points higher, up 1.2%, at 10566.20, its best one-day rise in both point and percentage terms since Feb. 16. The [...]
Improved readings of gross domestic product and purchasing managers activity fueled a slight gain in stocks, capping the best month for the market since November. The Dow Jones Industrial Average rose 4.23 points to 10325.26. It finished up 2.6% for the month, its best performance since a 6.5% gain in November. The measure [...]
NEW YORK—The U.S. stock market edged down in choppy trading Monday as energy stocks slipped, but the health-care sector pared losses made after President Barack Obama unveiled a $950 billion health-care proposal. The Dow Jones Industrial Average was down 19 points, or 0.2%, at 10381, in recent trading. Drug-maker Merck was the Dow’s worst performer, [...]
AP - The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe.[Read more...]
Stocks clawed their way out of a deep hole, boosted by improved U.S. economic data that appeared to spark some late buying. Associated Press Michael Omara, a trader with Barclays, reacts as he looks at a trading monitor on the floor of the New York Stock Exchange, Friday Feb. 5, 2010. Stocks [...]
The first month of the year is ending with a thud for stocks, which are on track to record their biggest loss since the final sell-off of the bear market last February. Even a solid vote by the Senate to give Federal Reserve Chairman Ben Bernanke another four-year term didn’t remove enough uncertainty [...]
NEW YORK—U.S. stocks fell Thursday, led by the technology sector as investors registered their disappointment with Apple’s new tablet device. Worse-than-expected reports on jobs and durable goods also weighed. European Pressphoto Agency Media get a hand on demo of the iPad during an Apple event Jan. 27. Technology stocks are own on Thursday. [...]
A stock rally fell apart late Tuesday as investors’ jitters over Washington’s likely next moves trumped strong earnings and consumer-sentiment data. The Dow Jones Industrial Average was up 88 points at its intraday high and traded in positive territory for most of the session. But a selloff in the last hour caused the blue-chip measure [...]
Call to raise age of criminality
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