Tag: August
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Stocks Dip Friday on Mixed Jobs
U.S. stocks ended lower Friday, taking the shine off weekly gains, as investors weighed better-than-forecast jobs data against concerns over Europe, which were highlighted midsession by a ratings downgrade of Italy and Spain. The Dow Jones Industrial Average fell 20.21 points, or 0.18%, to 11,103.12. It rose 1.7% for the week, its second straight weekly…
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Stocks Opened Weak on Path to Quarterly Losses
U.S. stocks tumbled at the opening on Friday as data showing American incomes fell in August combined with poor Chinese manufacturing data and rising euro zone inflation to keep Wall Street on course for a steep quarterly loss. The Dow Jones Industrial Average fell 135.93 points, or 1.2%, to 11,018.05. The S&P 500 index dropped…
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Stocks Started Up Ahead of Talks on Greek Debt
Stocks started higher on Wednesday, tracking European markets higher ahead of a meeting on Greece’s debt troubles and the release of fresh U.S. economic data. The Dow Jones Industrial Average lately added 17.86 points to 11,123.71. The Standard & Poor’s 500 Index advanced 2.88 points to 1,175.75. The Nasdaq Composite Index rose 14.60 points to…
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Stocks Plunge as Jobs Data Disappoints
U.S. stocks opened sharply lower on Friday as a new government report revealed that American employers added no jobs in August and Federal agency will reportedly sue big banks over mortgages. The Dow Jones Industrial Average fell 234.01 points to 11,259.56. The Standard & Poor’s 500 Index declined 26.95 points to 1,177.47. The Nasdaq Composite…
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Stocks Started Higher on Job Data
U.S. stocks started higher on Wednesday, as a modest rise in private-sector job creation emboldened investors. The Dow industrials lately climbed 123.66 points to 11,683.61. The Standard & Poor’s 500 Index added 15.36 points to 1,228.28. The Nasdaq Composite Index advanced 27.01 points to 2,603.12. Private-sector payrolls increased 91,000 in August, led by the service-producing…