Tag: mortgage
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Stocks Rise on Europe and Claims Data
U.S. stocks ended higher for a third session Thursday, as better-than-forecast jobless claims data and statements from European officials on bank recapitalization efforts inspired buyers. The Dow Jones Industrial Average ended up 183.38 points, or 1.68%, to 11,123.33. The S&P 500 ended up 20.94 points, or 1.83%, to 1,164.97. The Nasdaq Composite was up 46.31…
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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 Waver After Durable Good Report
Stocks erased losses to turn higher in early trading on Wednesday after government data showed new orders for long-lasting U.S. manufactured goods rose more than expected. The Dow Jones Industrial Average lately was up 69.18 points at 11,245.94. The Standard & Poor’s 500 Index rose 8.32 points to 1,170.67. The Nasdaq Composite Index gained 15.03…
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All Stock Indexes Closed with Gains
U.S. stock indexes closed with gains Thursday, with the Dow Jones Industrial Average putting an end to six-straight losing sessions. The Dow rose 75.42 points, or 0.63%, to close at 12,124.36, while the S&P 500 Index rose 9.44 points, or 0.7%, to close 1289.00. The Nasdaq Composite Index rose 9.49 points, or 0.35%, to close…