Tag: budget

  • Stocks Extend Weekly Gains

    U.S. stocks jumped Friday on better U.S. retail data, Google Inc. earnings and hopes about Europe’s debt situation. The Dow Jones Industrial Average rose 166.36 points, or 1.45%, to 11,644.49 points. It gained 4.9% for the week. The S&P 500 added 20.92 points, or 1.74%, to 1,224.58. It gained 6% for the week. The Nasdaq…

  • Wall Street Opens Higher to Extend Recent Advance

    U.S. stocks opened higher on Wednesday, with the benchmark indexes all up for a fourth session on hopes for progress in efforts to resolve the euro-zone’s debt trouble. The Dow Jones Industrial Average lately climbed 120.18 points, or 1.07%, to 11,310.87. The Standard & Poor’s 500 Index added 8.71 points, or 0.74%, to 1,184.09. The…

  • Stocks Ended Up with Europe in View

    U.S. stocks Tuesday ended higher for the second session as investors took comfort from a relatively low volume of negative headlines about Europe. The Dow Jones Industrial Average was up 44.73 points, or 0.40%, at 11,105.85 at the close of floor trading. The S&P 500 gained 10.60 points, or 0.91%, to 1,172.87. The Nasdaq Composite…

  • Economic Factors and Definitions

    Economic factors include: (a) economic policy, disseminated by government agencies and central banks, (b) economic conditions, generally revealed through economic reports, and other economic indicators. 1. Economic policy comprises government fiscal policy (budget/spending practices) and monetary policy (the means by which a government’s central bank influences the supply and “cost” of money, which is reflected…

  • 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 Nasdaq Composite Index gained 15.03…

  • Stocks Fall for Sixth Week

    U.S. stocks tumbled Friday on worries about the global economy, ensuring the sixth week of losses for the benchmark indexes. The Dow Jones Industrial Average ended down 172.45 points, or 1.42%, to 11,951.91. The S&P 500 lost 18.02 points, or 1.40%, to 1,270.98. The Nasdaq Composite was down 41.14 points, or 1.53%, to 2,643.73. For…