Tag: Oil

  • Stocks Tumbled on Europe Worries

    U.S. stocks fell sharply after the open on Monday as disappointment over the previous session’s jobs report and worries about a spreading European debt crisis weighed. The Dow Jones Industrial Average lately fell 102.17 points, or 0.81%, to 12,555.03. The S&P 500 was down 13.23 points, or 0.98%, to 1,330.57. The Nasdaq Composite was off…

  • Stocks Finished Quiet Day Flat

    Stocks finished little changed in choppy, low-volume trading Tuesday after the latest economic data offered some mildly encouraging news on United States factory orders, as investors largely shrugged off Moody’s downgrade of Portugal’s rating into junk territory. The Dow Jones industrial average fell 12.90 points, or 0.10 percent, to close at 12,569.87. The Standard &…

  • Euro Debt News Lifted Stocks

    .S. stocks closed sharply higher Monday as signs that a widespread European debt crisis could be averted were lifting the market. The Dow Jones Industrial Average ended up 108.98 points, or 0.9%, to 12,043.56. The S&P 500 gained 11.65 points, or 0.9%, to 1,280.10. The Nasdaq Composite rose 35.39 points, or 1.3%, to 2,688.28. French…

  • Stocks Up in Early Trading after Economic Data

    U.S. stocks were higher in early on Monday after the government reported consumer spending was unchanged in May. The Dow Jones  Industrial Average lately rose 51.39 points to 11,985.97. The Standard & Poor’s 500 Index added 3.93 points to 1,272.38. The Nasdaq Composite Index gained 8.00 points to 2,660.89. Americans spent in May at the…

  • Stocks Fell Sharply After Jobs Report

    Stocks fell sharply in the early trading on Thursday after the government reported an unexpectedly sharp jump in unemployment claims. The Dow Jones industrial average lately dropped 178.46 points, or 1.47 percent, to 11,931.21. The Standard & Poor’s 500 Index lost 19.86 points, or 1.54 percent, to 1,267.28. The Nasdaq Composite Index slid 36.66 points,…

  • Stocks Ended Down after Fed Comments

    U.S. stocks ended with solid losses on Wednesday after the Federal Reserve lowered its economic forecast and Chairman Ben Bernanke acknowledged that the pace of the economic recovery is slower than expected, but offered no hint about plans for new stimulus measures. The Dow Jones Industrial Average ended the session down 80.34 points, or 0.66%,…

  • 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%,…

  • 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…

  • After ADP Report, Stocks Fell

    U.S. stocks opened lower on Wednesday as weak data on the labor market became the latest in string of soft economic reports. The Dow Jones Industrial Average lately fell 43.67 points to 12,526.12. The Standard & Poor’s 500 Index declined 4.51 points to 1,340.69. The Nasdaq Composite Index shed 4.07 points to 2,831.23. The ADP…