
NEW YORK—An early rally for U.S. stocks faded as investors continued fretting about Europe’s debt crisis. The Dow Jones Industrial Average dropped 12 points, or 0.1%, to 11856, after earlier rising nearly 100 points. Weighing on the downside was International Business Machines, which dropped 2.2%, and United Technologies, which fell 1.7%. The Standard [...]
December 16, 2011 | Posted in
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U.S. stocks opened lower as the euro currency dropped below $1.30 and rising borrowing costs for Italy kept investor anxiety levels elevated. The Dow Jones Industrial Average gave up 19 points, or 0.2%, to 11937 in early Wednesday trade. The Standard & Poor’s 500-stock index eased two points, or 0.2%, to 1224 and the [...]
December 14, 2011 | Posted in
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Stocks fell after the European Central Bank quashed bond-buying hopes and as investors awaited a summit on the sovereign-debt crisis, overshadowing strong U.S. employment data. The Dow Jones Industrial Average lost 132 points, or 1.1%, to 12065, in Thursday afternoon trading. The Standard & Poor’s 500-stock index shed 17 points, or 1.4%, to 1244, [...]
December 8, 2011 | Posted in
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The Dow Jones Industrial Average rose for a third straight day as investors struggled to keep up with a torrent of headlines ahead of two key European meetings this week. The Dow advanced 46.24 points, or 0.4%, to 12196.37, after a day that saw the index fall 90 points before rising by as many [...]
December 7, 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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U.S. stocks opened higher after the U.S. unemployment rate unexpectedly dropped, adding to encouraging headlines suggesting that European leaders and central bankers were more willing to tackle the region’s debt woes. The Dow Jones Industrial Average rose 77 points, or 0.6%, to 12100 in early trade. The Standard & Poor’s 500 stock-index rose nine [...]
December 2, 2011 | Posted in
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Blue-chip stocks snapped a three-day winning streak as investors regrouped following the biggest one-day advance since March 2009 and awaited a key jobs report. U.S. stocks fell slightly a day after a blowout rally, as U.S. jobless claims rose unexpectedly and China reported weak manufacturing data, [...]
December 1, 2011 | Posted in
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NEW YORK—Thanksgiving week may have left many stock investors reaching for an antacid. The Dow Jones Industrial Average turned in its worst Thanksgiving week performance since markets began observing the holiday in 1942, falling 4.8% to 11231.78, capped by a 25.77-point slide on Friday. The Dow has fallen 7.6% over the last two weeks [...]
November 25, 2011 | Posted in
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Stocks tumbled, as concerns over the apparent failure of U.S. deficit-cutting talks sparked a selloff that sent the blue-chip Dow Jones Industrial Average back into negative territory for the year. The Dow Jones Industrial Average was down 292 points, or 2.5%, to 11504 in Monday-afternoon trading. All 30 blue-chip components were in the red. The [...]
November 21, 2011 | Posted in
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