Archive for the ‘Stock Market’ Category

Stocks Extended Gains to Third Day

U.S. stocks closed with mild gains Tuesday, as the mere discussion of more economic stimulus from the Federal Reserve was enough to send the markets higher. The Dow Jones Industrial Average rose 20.7 points, or 0.18%, to 11,559.95. The S&P 500 added 2.84 points, or 0.23%, to 1,212.92. The Nasdaq ...

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Stocks Opened Lower ahead of Confidence Data

U.S. stocks started lower on Tuesday ahead of an August report on consumer confidence and minutes from the Federal Reserve's last meeting. The Dow Jones Industrial Average lately fell 29.44 points to 11,509.81. The Standard & Poor's 500 Index declined 3.69 points to 1,206.39. The Nasdaq Composite Index shed 1.49 ...

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Financials Drove Market Higher

U.S. stocks closed near their highs of the day Monday, led by financial companies, as investors shrugged off Hurricane Irene and welcomed a better-than-expected showing for consumer spending.The Dow average gained 254.71 points, or 2.26%, to 11,539.25. The S&P 500 added 33.28 points, or 2.83%, to 1,210.08. The Nasdaq Composite ...

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Stocks Opened Higher on Strong Consumer Data

U.S. stocks opened higher on Monday after data showed Americans spent more than expected last month. The Dow Jones Industrial Average lately rose 178.76 points to 11,463.30. The Standard & Poor's 500 Index gained 20.57 points to 1,197.37. The Nasdaq Composite Index added 48.88 points to 2,528.73. Americans spent more money ...

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Stocks Post First Weekly Gain in Five

U.S. stocks finished sharply higher on Friday, with Wall Street tallying its first winning week in five, after Federal Reserve Chairman Ben Bernanke signaled the economy is not in need of quick stimulus. The Dow Jones Industrial Average rose 134.72 points, or 1.21%, to 11,284.54, up 4.3% from last Friday's ...

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Stocks Opened Lower ahead of Bernanke

U.S. stocks opened modestly lower on Friday as Wall Street waited for Federal Reserve Chairman Ben Bernanke's speech on the economy. The Dow Jones Industrial Average lately declined 117.01 points to 11,032.81. The Standard & Poor's 500 Index fell 12.34 points to 1,146.93. The Nasdaq Composite Index dropped 18.53 points ...

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Stocks Finished Lower ahead of Bernanke Speech

U.S. stocks ended lower on Thursday to snap a three-day winning run ahead of a critical speech from Fed chairman Ben Bernanke. The Dow Jones Industrial Average fell 170.89 points, or 1.51%, to 11,149.82. The Standard & Poor's 500 Index shed 18.33 points, or 1.56%, to 1,159.27. The Nasdaq Composite ...

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Stocks Start Higher on Buffett investment in BofA

U.S. stocks opened higher Thursday after Warren Buffett's company Berkshire Hathaway said it would invest $5 billion in Bank of America Corp. The Dow Jones Industrial Average rose 69.86 points to 11,390.57. The Standard & Poor's 500 Index climbed 8.21 points to 1,185.81. The Nasdaq Composite Index advanced 8.17 points ...

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Stocks Ended Up for Third Day

U.S. stocks rallied on Wednesday for a third day of gains, as investors jumped back into beaten-down financial shares and backed away from safer assets like gold in volatile trading. The Dow Jones Industrial Average rose 143.95 points, or 1.29%, to 11,320.71. The Standard & Poor's 500 Index gained 15.25 ...

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Stocks Waver After Durable Good Report

Stocks erased losses to turn higher in early trading on Wednesday after government data showed new orders for long-lasting U.S. manufactured goods rose more than expected. The Dow Jones Industrial Average lately was up 69.18 points at 11,245.94. The Standard & Poor's 500 Index rose 8.32 points to 1,170.67. The ...

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