Tag: index
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Stocks Opened Down After Obama Speech
Stocks opened sharply lower on Friday as a jobs proposal by President Barack Obama did little to reassure investors concerned about weak economic growth. The Dow Jones Industrial Average lately fell 177.85 points to 11,117.96. The Standard & Poor’s 500 Index declined 15.27 points to 1,170.63. The Nasdaq Composite Index shed 25.72 points to 2,503.42.…
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Stocks Start Lower after Jobs and Trade data
U.S. stocks started lower Thursday after a report showed first-time applicants for jobless benefits climbed last week and U.S. trade gap shrank to $44.8 billion in July. The Dow Jones Industrial Average lately fell 11.50 points to 11,403.36. The Standard & Poor’s 500 Index declined 2.39 points to 1,196.23. The Nasdaq Composite Index was off…
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Stocks Plunge as Jobs Data Disappoints
U.S. stocks opened sharply lower on Friday as a new government report revealed that American employers added no jobs in August and Federal agency will reportedly sue big banks over mortgages. The Dow Jones Industrial Average fell 234.01 points to 11,259.56. The Standard & Poor’s 500 Index declined 26.95 points to 1,177.47. The Nasdaq Composite…
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Stocks Started Higher on Job Data
U.S. stocks started higher on Wednesday, as a modest rise in private-sector job creation emboldened investors. The Dow industrials lately climbed 123.66 points to 11,683.61. The Standard & Poor’s 500 Index added 15.36 points to 1,228.28. The Nasdaq Composite Index advanced 27.01 points to 2,603.12. Private-sector payrolls increased 91,000 in August, led by the service-producing…
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Stocks Opened Lower ahead of Confidence Data
U.S. stocks started lower on Tuesday ahead of an August report on consumer confidence and minutes from the Federal Reserve’s last meeting. The Dow Jones Industrial Average lately fell 29.44 points to 11,509.81. The Standard & Poor’s 500 Index declined 3.69 points to 1,206.39. The Nasdaq Composite Index shed 1.49 points to 2,560.62. Spring buying…
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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 than they took in…
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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 close. The Standard & Poor’s…