Tag: new york mercantile exchange

  • Stocks Close Sharply Lower on Warnings Over Europe

    U.S. stocks posted steep declines Wednesday after a rating agency signaled trouble ahead for U.S. banks should Europe’s debt trouble worsen. The Dow Jones Industrial Average lost 190.57 points, or 1.58%, to 11,905.59. The S&P 500 Index declined 20.89 points, or 1.66%, to 1,236.91. The Nasdaq Composite Index shed 46.59 points, or 1.73%, to 2,639.61.…

  • Stocks Gain on Retail Sales

    U.S. stocks closed a see-saw trading day with moderate gains  on Tuesday as  better U.S. data on retail sales and regional manufacturing offset worries from jumping European sovereign debt yields. The Dow Jones Industrial Average gained 17.18 points, or 0.14%, to 12,096.16. The S&P 500 gained 6.03 points, or 0.48%, to 1,257.81. The Nasdaq Composite added…

  • Stocks Closed Higher as Debt Worries Shift to Italy

    Stocks closed higher on Monday as investors responded to the latest twists in Europe’s efforts to control its debt crisis. The Dow Jones Industrial Average gained 85.15 points, or 0.71%, to 12,068.39. The S&P 500 rose 7.89 points, or 0.63%, to 1,261.12. The Nasdaq Composite rose 9.10 points, or 0.34%, to 2,695.25. Rival Greek political…

  • Stocks Open Lower as Europe Weighs

    U.S. stocks opened lower Friday as Europe’s debt troubles overshadowed a drop in the U.S. jobless rate. The Dow Jones Industrial Average lately fell 71.59 points to 11,972.88. The S&P 500 Index fell 8.04 points to 1,253.11. The Nasdaq Composite fell 13.96 points to 2,684.01. The American economy added 80,000 jobs in October, and job…

  • Stocks Opened Sharply Lower

    U.S. stocks start off sharply lower on Tuesday, taking cues from Greece-inspired selling in Frankfurt and Paris. The Dow Jones Industrial Average lately fell 235.37 points to 11,719.64. The S&P 500 Index shed 28.25 points to 1,225.05. The Nasdaq Composite declined 59.93 points to 2,624.48. The world’s most powerful political leaders will gather this week…

  • Stocks Opened Weak on Path to Quarterly Losses

    U.S. stocks tumbled at the opening on Friday as data showing American incomes fell in August combined with poor Chinese manufacturing data and rising euro zone inflation to keep Wall Street on course for a steep quarterly loss. The Dow Jones Industrial Average fell 135.93 points, or 1.2%, to 11,018.05. The S&P 500 index dropped…

  • 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 Surged on Europe Hopes

    U.S. stocks surged to finish near the highest levels of the day Monday spurred by hopes that European policymakers were coalescing around a new plan to keep the sovereign debt crisis from spreading. The Dow Jones Industrial Average rose 272.38 points, or 2.53%, to 11,043.86. The S&P 500 ended up 26.52 points, or 2.33%, to…

  • Stocks Mixed After Global Sell Off

    U.S. stocks were mixed in early trading Friday with Wall Street on alert for indications policy makers would take additional steps to bolster the global economy. The Dow Jones Industrial Average lately fell 5.45 points to 10,728.38. The S&P 500 Index was up 2.97 points to 1,132.53. The Nasdaq Composite rose 9.49 points to 2,465.16.…

  • 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.…