Posts Tagged ‘Reserve’

Stocks Rebound on Fed Optimism, ADP

U.S. stocks closed sharply higher Wednesday, bouncing back after a deep two-day retreat, as investors took heart from better-than-forecast October jobs data from payroll provider ADP and comments from the Federal Reserve, which noted recent improvement in the economy. The Dow Jones Industrial Average was up 178.08 points, or 1.53%, ...

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Stocks Sink on Europe, Apple, Fed Outlook

U.S. stocks dropped Wednesday on conflicting signs from Europe about a potentially bigger plan to stave off a messy sovereign default, disappointing earnings from heavyweight Apple and some signs of continued strain on the economy from the Federal Reserve's Beige Book report. The Dow Jones Industrial Average fell 72.43 points, ...

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Stocks Sharply Lower on Gloomy Fed Outlook

U.S. stocks were sharply lower at Thursday's start, with investors picking up on the Federal Reserve's gloomy outlook on the economy. Downbeat economic data from China and the euro zone also weighed on investor sentiment. The Dow Jones Industrial Average lately fell 372.13 points to 10,752.71. The Standard & Poor's ...

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Stocks Slammed Down after Fed Offered No Surprises

U.S. stocks dropped sharply Wednesday, with the major indexes notching deep losses in the last hour of trading, after the Federal Reserve again moved to lower interest rates on consumer loans and noted “significant downside risks” to the economic forecast. The Dow Jones Industrial Average lost 283.82 points, or 2.49%, ...

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Stocks Rise as European Central Bank Move

U.S. stocks opened strongly higher on Thursday after the European Central Bank said it was coordinating with the Federal Reserve and other central banks. The ECB news helped offset disappointing U.S. economic data. The Dow Jones Industrial Average lately added 111.11 points to 11,357.84. The Standard & Poor's 500 Index ...

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Stocks End Down after Bernanke Offers No New Stimulus

Stocks closed sharply lower Thursday after Federal Reserve Chairman Ben Bernanke offered no new insight into whether the central bank will act soon to prop up the economy. The Dow Jones Industrial Average fell 119.05 points, or 1.04%, to 11,295.81. The S&P 500 lost 12.72 points, or 1.06%, to 1,185.90. ...

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Stocks Surge as Europe Debt Concerns Ease

U.S. stocks on Wednesday finished higher for their first session in four as fears about Europe’s debt troubles abated and the Federal Reserve found modest economic expansion. The Dow Jones Industrial Average jumped 275.56 points, or 2.47%, to 11,414.86. The Standard & Poor's 500 Index climbed 33.38 points, or 2.86%, ...

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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 ...

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Stocks Opened Lower ahead of Bernanke

U.S. stocks opened modestly lower on Friday as Wall Street waited for Federal Reserve Chairman Ben Bernanke's speech on the economy. The Dow Jones Industrial Average lately declined 117.01 points to 11,032.81. The Standard & Poor's 500 Index fell 12.34 points to 1,146.93. The Nasdaq Composite Index dropped 18.53 points ...

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Stocks Bounce at Open after 4 Week Drop

U.S. stocks opened higher Monday after four weeks of declines, as market sentiment is improving in anticipation of a policy response from the Fed this week. The Dow Jones Industrial Average lately rose 165.21 points to 10,982.86. The Standard & Poor's 500 Index climbed 17.18 points to 1,140.71. The Nasdaq ...

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