
U.S. stocks were on track to fall for a third straight day, as the euro’s drop below $1.30 and rising borrowing costs for Italy kept investor anxiety levels elevated. The Dow Jones Industrial Average gave up 77 points, or 0.6%, to 11877 in midmorning Wednesday trade. The Standard & Poor’s 500-stock index eased 10 [...]
December 14, 2011 | Posted in
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NEW YORK—Stocks dropped as Federal Reserve officials didn’t take immediate actions to bolster the economy and retail-sales data offered a disappointing view on the holiday shopping season. The Dow Jones Industrial Average fell 66.45 points, or 0.55%, to 11954.94. The blue-chip Dow gained as much as 126 points in early trading, but wavered [...]
December 14, 2011 | Posted in
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NEW YORK—U.S. stocks turned negative after Federal Reserve officials took no immediate actions to bolster the economy, but left their policy options open for 2012. The Dow Jones Industrial Average fell 7 points, or 0.1%, to 12013 in afternoon trade. The blue-chip Dow gained as much as 126 points earlier in the session, then [...]
December 13, 2011 | Posted in
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NEW YORK—U.S. stocks fell after European Central Bank President Mario Draghi poured cold water on investor hopes for more aggressive easing measures, overshadowing stronger U.S. employment data. The Dow Jones Industrial Average lost 147 points, or 1.2%, to 12053 in midday Thursday trading. The Dow rose 46 points on Wednesday to stretch its gains [...]
December 8, 2011 | Posted in
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The Dow industrials rose ahead of a summit of European leaders on the sovereign-debt crisis. The Dow Jones Industrial Average gained 50 points, or 0.4%, to 12148, in Tuesday afternoon trading. Dow component 3M gained 1.6% after the company forecast earnings and sales for the coming fiscal year mostly ahead of expectations. Pfizer rose [...]
December 6, 2011 | Posted in
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NEW YORK—U.S. stocks were ahead but off session highs after a Financial Times report saying that Standard & Poor’s warned six triple A-rated euro-zone members that they may suffer ratings downgrades as a result of the deepening sovereign-debt crisis. U.S. stocks advanced on two signs that [...]
December 5, 2011 | Posted in
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NEW YORK—U.S. stocks advanced on two signs that European leaders are once again getting serious about trying to contain the continent’s sovereign-debt crisis ahead of a key summit late this week. U.S. stocks advanced on two signs that European leaders are getting serious ahead of a [...]
December 5, 2011 | Posted in
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Stocks finished a strong week with a flat session Friday after the U.S. unemployment rate unexpectedly dropped and European leaders and central bankers redoubled efforts to tackle the sovereign-debt crisis. The Dow Jones Industrial Average finished with a loss of 0.61 point, or less than 0.1%, at 12019.42, but surged 7% this week, [...]
December 2, 2011 | Posted in
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U.S. stocks looked to finish a strong week on a high note after the U.S. unemployment rate unexpectedly dropped, cheering investors after headlines suggesting that European leaders and central bankers were moving to tackle the region’s debt woes. The Dow Jones Industrial Average rose 119 points, or 1%, to 12140 in early trade. The [...]
December 2, 2011 | Posted in
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U.S. stock futures turned higher on Wednesday after China announced a cut in banks’ reserve requirement ratio and as investors awaited a batch of U.S. economic data. More than two hours before the start of trading, futures on the Dow Jones Industrial Average rose 65 points to 11630 after trading down around 50 points. [...]
November 30, 2011 | Posted in
Business |
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