Posts Tagged ‘federal reserve chairman ben bernanke’

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 ...

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Stocks End Down after Bernanke Offers No New Stimulus

Stocks closed sharply lower Thursday after Federal Reserve Chairman Ben Bernanke offered no new insight into whether the central bank will act soon to prop up the economy. The Dow Jones Industrial Average fell 119.05 points, or 1.04%, to 11,295.81. The S&P 500 lost 12.72 points, or 1.06%, to 1,185.90. ...

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Stocks Opened Higher on Strong Consumer Data

U.S. stocks opened higher on Monday after data showed Americans spent more than expected last month. The Dow Jones Industrial Average lately rose 178.76 points to 11,463.30. The Standard & Poor's 500 Index gained 20.57 points to 1,197.37. The Nasdaq Composite Index added 48.88 points to 2,528.73. Americans spent more money ...

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Stocks Post First Weekly Gain in Five

U.S. stocks finished sharply higher on Friday, with Wall Street tallying its first winning week in five, after Federal Reserve Chairman Ben Bernanke signaled the economy is not in need of quick stimulus. The Dow Jones Industrial Average rose 134.72 points, or 1.21%, to 11,284.54, up 4.3% from last Friday's ...

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Stocks Opened Lower ahead of Bernanke

U.S. stocks opened modestly lower on Friday as Wall Street waited for Federal Reserve Chairman Ben Bernanke's speech on the economy. The Dow Jones Industrial Average lately declined 117.01 points to 11,032.81. The Standard & Poor's 500 Index fell 12.34 points to 1,146.93. The Nasdaq Composite Index dropped 18.53 points ...

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Stocks Ended at Session Highs on Fed Hopes

.S. stocks rallied Tuesday on speculation Federal Reserve Chairman Ben Bernanke would signal new help for the economy. The Dow Jones Industrial Average rose 322.11 points, or 2.97%, to 11,176.76. The Standard & Poor's 500 Index added 38.53 points, or 3.43%, to 1,162.35. The Nasdaq Composite Index advanced 100.68 points, ...

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Stocks Extend Gains into Second Day

U.S. stocks began modestly higher on Tuesday, extending gains into a second day, as reports on manufacturing in Europe and China lifted sentiment. The Dow Jones Industrial Average lately rose 67.59 points to 10,922.24. The Standard & Poor's 500 Index climbed 5.48 points to 1,129.30. The Nasdaq Composite Index gained ...

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Stocks Rose in Choppy Trading

U.S. stocks finished higher Monday but well off the day's highs, as investors were hesitant to take big risks without a catalyst for buying. The Dow Jones Industrial Average rose 37.00 points, or 0.34%, to end at 10,854.65 and the S&P 500 added 0.29 point, or 0.03%, to end at ...

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Stocks Bounce at Open after 4 Week Drop

U.S. stocks opened higher Monday after four weeks of declines, as market sentiment is improving in anticipation of a policy response from the Fed this week. The Dow Jones Industrial Average lately rose 165.21 points to 10,982.86. The Standard & Poor's 500 Index climbed 17.18 points to 1,140.71. The Nasdaq ...

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Stocks Closed Higher on Bernanke Comments

U.S. stocks closed higher on Wednesday, boosted by comments from Federal Reserve Chairman Ben Bernanke that the central bank was considering another round of special stimulus to the economy if conditions deteriorated. But much of the early enthusiasm for the prospects of more cheap money evaporated by the close. The ...

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