Tag: debt

  • Stocks Edge Lower as Euro Rally Eases

    U.S. stocks edged lower in early trading on Friday, with investors taking a breath after a two-day leap that came in relief over Europe. The Dow Jones Industrial Average retreated 9.61 points to 12,198.94. The  S&P 500 fell 4.40 points to 1,280.19. The Nasdaq Composite declined 8.09 points to 2,730.54. The market’s quick embrace of…

  • Stocks Surge on Europe Deal,GDP

    U.S. stocks rallied about 3% Thursday as investors bid up banks, resource and tech stocks after European leaders reached a deal to leverage their bailout fund, pump more money into banks and restructure Greece’s debt. The first estimate of U.S. economic growth for the third quarter also helped. The Dow Jones Industrial Average rose 339.51…

  • Stocks Ended Higher on European Summit Hopes

    U.S. stocks closed with broad gains Wednesday as the slow progress from European leaders in resolving their debt crisis was enough to satisfy investors, even if the first reports from an EU summit were short on details. The Dow Jones Industrial Average gained 162.42 points, or 1.39%, to 11,869.04. The S&P 500 rose 12.95 points,…

  • Stocks Higher on Europe Reports

    Stocks pushed higher in afternoon trading Wednesday on reports tied to European efforts to resolve its debt trouble. The Dow lately was up 150.23 points, or 1.28%, to 11,856.85. The S&P 500 Index added 12.89 points, or 1.05%, to 1,241.94. The Nasdaq Composite Index added 12.67 points, or 0.48%, at 2,651.09. Agence France-Presse reported that…

  • Stocks Rose on European Bank Optimism

    U.S. stocks opened higher on Wednesday, extending gains on the Standard & Poor’s 500 Index into a third day, on expectations Europe would manage its debt trouble. The Dow Jones Industrial Average lately rose 56.16 points to 11,472.46. The S&P 500 climbed 8.99 points to 1,204.53. The Nasdaq Composite Index advanced 25.93 points to 2,608.962,608.96.…

  • Stocks Opened Lower on Greece Fears

    U.S. stocks opened lower on Tuesday on increased worries about a major banking crisis in Europe and expectations Greece would default soon. The Dow Jones Industrial Average lately fell 179.55 points to 10,475.75. The S&P 500 dropped 17.40 points to 1,081.83. The Nasdaq Composite Index shed 20.15 points to 2,315.68. European finance ministers are considering…

  • Stocks Started Lower on Greece Concerns

    Stocks started modestly lower Monday as concerns over Greece’s teetering finances returned to the forefront and after equities suffered their worst quarter since 2008. The Dow Jones industrial average lately was down 64.70 points, or 0.59 percent, to 10,848.68.The S&P 500 fell 6.72, or 0.59 percent, to 1,124.70. The Nasdaq lost 19.02, or 0.79 percent,…

  • Stocks Gain for Third Day

    U.S. stocks advanced for the third straight session Tuesday, though finished off their highs of the day, as investors focused on the possibility European policy makers could super-charge their sovereign bailout fund. The Dow Jones Industrial Average ended up 146.83 points, or 1.33%, at 11,190.69. The S&P 500 ended up 12.43 points, or 1.07%, at…

  • Stocks Mixed as Europe Outlook Impoved

    Stocks were mixed in early trading Monday amid optimism that euro zone policymakers were putting together new measures to help solve the debt crisis. The Dow Jones Industrial Average lately climbed 27.62 points, or 26%, to 10,799.10 points. The S&P 500 index fell 2.47 points, or 0.22% , to 1,133.96 and the Nasdaq Composite was off 29.54 points,…

  • Stocks Waver in Early Trading ahead of Fed Meeting

    Stocks were mixed in early trading on Tuesday, with Wall Street looking to a Federal Reserve meeting and Europe’s debt crisis. The Dow Jones Industrial Average lately fell 7.64 points to 11,393.37. The Standard & Poor’s 500 Index was off 0.63 points to 1,203.46. The Nasdaq Composite Index was down 1.95 points to 2,610.88. In…