
NEW YORK—U.S. stocks fell after cautious German comments on Europe’s sovereign-debt negotiations overshadowed a large U.S. corporate merger and a weekend of progress in dealing with the crisis. The Dow Jones Industrial Average lost 104 points, or 0.9%, to 11541 in mid-morning trading. The action followed a 166-point surge on Friday that pushed the [...]
October 17, 2011 | Posted in
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Stocks rose, setting up the Dow Jones Industrial Average for its longest weekly winning streak in six months and the Nasdaq Composite’s biggest weekly percentage gain since mid-2009. U.S. stock rose, sending the Dow Jones Industrial Average and the Nasdaq Composite back into positive territory for [...]
October 14, 2011 | Posted in
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NEW YORK—U.S. stocks rose, but pared earlier gains after a surprise decline in consumer sentiment took some of the shine off strong retail sales data and stellar results from Google. The Dow Jones Industrial Average was up 87 points, or 0.8%, at 11565, but had been up as much as 134 points at its [...]
October 14, 2011 | Posted in
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NEW YORK—U.S. stocks dropped as investors turned a bit cautious following less-than-stellar results from J.P. Morgan Chase and another uninspiring report on the labor market. Enlarge ImageClose Reuters The Dow Jones Industrial Average dropped 96 points, or 0.8%, to 11422. The losses nearly erased the index’s 102.55-point gain in the previous session, when [...]
October 13, 2011 | Posted in
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Stocks bounced between small gains and losses a day after the Dow Jones Industrial Average posted its biggest advance in two months. The Dow rose five points, or 0.1%, to 11438, in Tuesday afternoon trading, following a 330-point surge Monday. Stocks had opened in negative territory as investors awaited a bailout vote in Slovakia, [...]
October 11, 2011 | Posted in
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NEW YORK—U.S. stocks bounced from small gains to losses, erasing a morning decline as investors grew more confident that Slovakia would become the 17th and final country to approve an expansion of the euro zone’s rescue fund. The Dow Jones Industrial Average fell 7 points, or 0.1%, to 11426 in recent action, one day [...]
October 11, 2011 | Posted in
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NEW YORK—U.S. stocks turned lower in early trading, giving back some of the previous session’s sizable gains, as investors turned cautious, concerned that a plan to expand the euro zone’s rescue fund may not be approved. The Dow Jones Industrial Average dropped 57 points, or 0.5%, to 11379 in recent action. The trading follows [...]
October 11, 2011 | Posted in
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Stocks surged as France and Germany pledged to resolve the euro zone’s banking and sovereign-debt troubles. The Dow Jones Industrial Average soared 330.06 points, or 3%, to 11433.18, closing at session highs. All 30 Dow components rose, with bank stocks leading the charge higher. Bank of America climbed 6.4% and J.P. Morgan Chase advanced [...]
October 10, 2011 | Posted in
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Stocks finished lower and the Dow Jones Industrial Average snapped a three-day winning streak, after ratings downgrades of Italy and Spain overshadowed better-than-expected U.S. jobs data. The Dow Jones Industrial Average declined 20.21 points, or 0.2%, to 11103.12, but ended the week with a 1.7% gain. Friday’s drop snapped a streak of three straight [...]
October 7, 2011 | Posted in
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Stocks pared gains from a morning rally after a Federal Reserve official’s cautious comments on the financial system weighed on banking stocks and after a U.S. jobs report. MarketBeat ECRI Weekly Leading Index Still Drilling Downward Research in Motion: A ‘Classic Value Trap ‘ [...]
October 7, 2011 | Posted in
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