Tag: crude oil futures
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Stocks Stumble to Start as Europe weighs
Stocks opened lower on Wednesday as policymakers warned Europe’s debt crisis posed dangers to the global economy and on growing signs the contagion was starting to spread to larger European nations. The Dow Jones industrial average lately dropped 86.50 points, or 0.72 percent, to 12,009.66. The Standard & Poor’s 500 Index lost 7.64 points, or…
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Stocks Gain on Retail Sales
U.S. stocks closed a see-saw trading day with moderate gains on Tuesday as better U.S. data on retail sales and regional manufacturing offset worries from jumping European sovereign debt yields. The Dow Jones Industrial Average gained 17.18 points, or 0.14%, to 12,096.16. The S&P 500 gained 6.03 points, or 0.48%, to 1,257.81. The Nasdaq Composite added…
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Stocks Rebound as Italy, Greece Fears Ebb
U.S. stocks recovered part of the prior session’s steep losses on Thursday as progress toward installing new heads of state in Italy and Greece, plus a dip in Italian bond yields, encouraged a sense of temporary stability in Europe’s debt crisis. The Dow Jones Industrial Average rose 112.92 points, or 0.96%, at 11,893.86. The S&P…
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Stocks Closed Higher as Debt Worries Shift to Italy
Stocks closed higher on Monday as investors responded to the latest twists in Europe’s efforts to control its debt crisis. The Dow Jones Industrial Average gained 85.15 points, or 0.71%, to 12,068.39. The S&P 500 rose 7.89 points, or 0.63%, to 1,261.12. The Nasdaq Composite rose 9.10 points, or 0.34%, to 2,695.25. Rival Greek political…
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Stocks Rally on Europe Optimism
U.S. stocks surged into the close of trading Friday as optimism over an upcoming Europe leaders meeting lured in buyers. The Dow Jones Industrial Average ended up 267.01 points, or 2.31%, at 11,808.79. The blue-chip index rose 1.4% for the week. The S&P 500 added 22.86 points, or 1.88%, to 1,238.25. It gained 1.1% for…
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Stocks Drop on Bank Earnings, Tech Gains
U.S. stocks closed with moderate losses Thursday, weighed by a disappointing report from J.P. Morgan Chase & Co. and trade data from China. The Dow Jones Industrial Average fell 40.72 points, or 0.35%, to 11,478.13. The S&P 500 ended down 3.59 points, or 0.30%, at 1,203.66. The Nasdaq Composite gained 15.51 points, or 0.60%, to…
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Stocks Fell to Lowest Close in a Year
U.S. stocks closed nearly day’s lows on Monday in a pessimistic start to October and the fourth quarter. The Dow Jones Industrial Average fell 258.08 points, or 2.36%, to 10,655.30, its lowest close since Sept. 2010. The S&P 500 lost 32.19 points, or 2.85%, to 1,099.23, also the lowest close since Sept. 2010. The Nasdaq…
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Stocks Drop In Worst Quarter Since 2008
U.S. stock indexes dropped more than 2% Friday, ending their worst quarter since the depth of the financial crisis, worries over Europe dominated. The Dow Jones Industrial Average fell 240.60 points, or 2.16%, to 10,913.38. It gained 1.3% for the week but lost 6% for the month. The 12.1% quarterly loss was the worst since…
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Stocks Stretch Wins into Fourth Session
U.S. stocks were slightly positive after wavering most of the day on Wednesday, closing a quiet end to a wild month for financial markets. The Dow Jones Industrial Average rose 53.58 points, or 0.46%, to 11,613.53 but lost 4.4% for the month. The S&P 500 gained 5.97 points, or 0.49%, to 1,218.89 but lost 5.7%…