Posts Tagged ‘austerity measures’

Stocks Climb in Early Trading on Italy Vote

U.S. stocks began Friday with robust gains as Italian bond yields fell following the Italian Senate's approval of austerity measures. The Dow Jones Industrial Average lately climbed 208.43 points to 12,102.22. The S&P 500 Index added 19.74 points to 1,259.43. The Nasdaq Composite advanced 32.48 points to 2,657.63. The Italian Senate ...

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Stocks Closed Wild Week with Subdued Gains

U.S. stocks ended higher on Friday, inspired by a strong rally in European markets, after one of the most volatile weeks in memory. The Dow Jones Industrial Average rose 125.71 points, or 1.13%, to 11,269.02 and lost 1.5% for the week. The S&P 500 gained 6.17 points, or 0.53%, to ...

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Stocks Rally on China Growth, Bernanke Eyed

U.S. stocks opened moderately higher Wednesday, poised for their first rise in four days and extending gains booked in parts of Europe and Asia, as investors temporarily shrugged off concerns about a European debt default and looked towards Federal Reserve Chairman Ben Bernanke's upcoming testimony. The Dow Jones Industrial Average ...

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Stocks Ended Higher for Third Day

U.S. stocks on Wednesday extended their winning run to a third straight day as the Greek parliament approved austerity measures to avoid defaulting on its debt. The Dow Jones Industrial Average rose 72.73 points, or 0.60%, to 12,261.42. The Standard & Poor's 500 Index climbed 10.74 points, or 0.83%, to ...

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Stocks Extend Rally on Confidence over Greece

U.S. stocks finished higher and posted gains for the fourth day on Tuesday on growing confidence that Greeceā€™s government will avoid a sovereign-debt default. The Dow Jones Industrial Average gained 109.63 points, or 0.91%, to 12,190.01. The S&P 500 gained 17.16 points, or 1.34%, to 1,295.52. The Nasdaq Composite gained ...

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Stocks Posted Third Straight Day of Gains

U.S. stocks logged gains by the close of trading Monday following signs that the European financial crisis may be contained. The Dow Jones Industrial Average closed up 76.02 points, or 0.63%, at 12,080.38. The S&P 500 Index gained 6.86 points, or 0.54%, to close at 1,278.36. The Nasdaq Composite Index ...

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Stocks Struggle for Gains after Economic Data

U.S. stocks wavered at the start on Thursday as investors weighed a report on jobs and housing against continuing concerns about Greece's debt. The Dow Jones Industrial Average lately rose 27.09 points to 11,924.36. The Standard & Poor's 500 Index added 2.49 points to 1,267.91. The Nasdaq Composite Index was ...

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