Tag: plan
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Greek Turmoil Sent Stocks Lower
U.S. stocks finished sharply lower on Tuesday after Greece’s prime minister said he would call a national vote on an unpopular European plan to rescue that nation’s economy. The Dow plunged 297.05 points, or 2.48 percent, to close at 11,657.96 Tuesday. The S&P 500 fell 35.02, or 2.79 percent, to 1,218.28. The Nasdaq dropped 77.45,…
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Stocks Edge Lower as Euro Rally Eases
U.S. stocks edged lower in early trading on Friday, with investors taking a breath after a two-day leap that came in relief over Europe. The Dow Jones Industrial Average retreated 9.61 points to 12,198.94. The S&P 500 fell 4.40 points to 1,280.19. The Nasdaq Composite declined 8.09 points to 2,730.54. The market’s quick embrace of…
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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…
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Stocks Slide on Greek Default Fears
.S. stocks closed down on Monday after recent euro-zone meetings signaled a Greek default might be sooner than some expected. The Dow Jones Industrial Average fell 108.08 points, or 0.94%, to 11,401.01. The S&P 500 lost 11.92 points, or 0.98%, to 1,204.09. The Nasdaq Composite fell 9.48 points, or 0.36%, at 2,612.83. Greece’s finance minister…
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Stocks Ended Higher for Third Day
U.S. stocks on Wednesday extended their winning run to a third straight day as the Greek parliament approved austerity measures to avoid defaulting on its debt. The Dow Jones Industrial Average rose 72.73 points, or 0.60%, to 12,261.42. The Standard & Poor’s 500 Index climbed 10.74 points, or 0.83%, to 1,307.41. The Nasdaq Composite gained…