Tag: debt
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Stocks Closed Lower for Third Session
U.S. stocks closed lower for a third straight session on Tuesday on fears Europe is failing to tackle its debt crisis. The Dow Jones Industrial Average lost 100.96 points, or 0.90%, to 11,139.30. The S&P 500 ended down 8.73 points, or 0.74%, to 1,165.24. The Nasdaq Composite lost 6.50 points, or 0.26%, to 2,473.83. Shares…
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Stocks Rose for Third Day on Deal News
Stocks closed higher for the third straight day on Monday after a $12.5 billion merger offer from Google Inc. helped lure investors back into a market. The Dow Jones Industrial Average gained 213.88 points, or 1.90%, to 11,482.9. The S&P 500 gained 25.68 points, or 2.18%, to 1,204.49. The Nasdaq Composite added 47.22 points, or…
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Stocks Ended Lower on Debt Fears
U.S. stocks closed lower Tuesday on mounting concerns lawmakers would fail to ink a deal that would prevent a U.S. debt default, and disappointment over some companies’ earnings. The Dow Jones Industrial Average dropped 91.50 points, or 0.73%, to 12,501.30. The S&P 500 fell 5.49 points, or 0.41%, to 1,331.94. The Nasdaq Composite lost 2.84…
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Stocks Ended Up on Earnings, Fell for the Week
U.S. stocks closed higher Friday as earnings and merger activity overshadowed worries about the U.S. debt situation. However,they dropped more than 1% for the week. The Dow Jones Industrial Average added 42.61 points, or 0.34%, to 12,479.73. The S&P 500 gained 7.27 points, or 0.56%, to 1,316.14. The Nasdaq Composite added 27.13 points, or 0.98%,…
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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 rose 70 points, or 0.6%,…
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Stocks Start with Mild Losses as Europe Worries Ease
U.S. stocks edged between minor gains and losses Tuesday as concerns over a spreading Europe debt crisis eased in the wake of a successful Italian bond auction. The Dow Jones Industrial Average was off 18.99 points, or 0.15% at 12,486.77. The S&P 500 was off 3.31 points, or 0.25%, at 1,316.18. The Nasdaq Composite was…
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Stocks Gain with Improved Outlook for Greece
U.S. stocks started with mild gains on Tuesday, supported by expectations that Europe was moving closer to a near-term resolution of Greece’s debt problems. The Dow Jones Industrial Average lately rose 32.89 points, or 0.27%, to 12,113.27. The S&P 500 added 5.78 points, or 0.45%, to 1,284.14. The Nasdaq Composite added 15.27 points, or 0.58%,…
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Stocks Rise on Greece Hope
Stocks rose early Friday on optimism surrounding the Greek debt crisis. The Dow Jones Industrial Average lately rose 79.40 points, or 0.66%, to 2,040.92. The S&P 500 gained 9.73 points, or 0.77% to 1,277.37. The Nasdaq Composite added 14.89 points, or 0.57%, to 2,638.59. German Chancellor Angela Merkel and French President Nicolas Sarkozy said they…
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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 up 0.84 point to 2,632.30.…