Tag: share
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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 500 Index declined 38.30 points…
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Stocks Extend Gains to Four
U.S. stocks ended higher for the fourth session Thursday, pumped from the start after the European Central Bank unveiled a coordinated dollar-liquidity program with other central banks. The Dow Jones Industrial Average ended up 186.45 points, or 1.66%, at 11,433.18. The S&P 500 gained 20.43 points, or 1.72%, to 1,209.11. The Nasdaq Composite ended up…
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Stocks Drop Ahead of Jobs Report
Stocks finished near the lows of the day in volatile trading Thursday as investors waited for the government’s monthly jobs report Friday. The Dow Jones Industrial Average fell 119.96 points, or 1.03%, to end at 11,493.57. The S&P 500 shed 14.47 points, or 1.19%, to end at 1,204.42 and the Nasdaq Composite lost 33.42 points,…
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Stocks Open Modestly Up on Retailer Earnings
U.S. stocks opened mostly higher on Wednesday as earnings from Target Corp. and Staples Inc. topped expectations. The Dow Jones Industrial Average rose 60.09 points to 11,466.02. The Standard & Poor’s 500 gained 8.28 points to 1,201.04. The Nasdaq Composite Index rose 6.41 points to 2,529.86. Target Corp. and Staples Inc. led retail stocks higher…
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Stocks Soar on Jobs and Cisco
U.S. stocks Thursday clocked their fourth day of massive moves, this time rising, after a drop in jobless claims and earnings from Cisco Systems Inc. swung investor sentiment higher. The Dow Jones Industrial Average surged 423.37 points, or 3.95%, to 11,143.31. The S&P 500 ended up 51.88 points, or 4.63%, to 1,172.64. The Nasdaq Composite…
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Stocks Soar Back as Treasury Yields Drop
U.S. stocks on Tuesday surged the most in two years after its worst day since 2008, as a divided Federal Open Market Committee said benchmark rates would stay near zero through mid-2013. After relinquishing 634.76 points, or 5.6%, in Monday’s battering, the Dow industrials rallied back, gaining 429.92 points, or 3.98%, to 11,239.77. The S&P…
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Stocks Hit Hard Since 2008 Crisis
U.S. stocks suffered their worst day Thursday since the financial crisis in the fall of 2008.The Dow average fell 512.76 points, or 4.31%, to 11,383.68. The S&P 500 lost 60.27, or 4.78%, to 1,200.07. The Nasdaq Composite lost 136.68 points, or 5.08%, to 2,556.39. Kraft Foods Inc. said Thursday it plans to split into two…
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Stocks Wobbled after Losing Streak
U.S. stocks erased mild opening gains on Wednesday as investors drew only limited cheer from a better-than-anticipated report on the labor front. The Dow Jones Industrial Average lately fell 39.55 points to 11,827.07. The Standard & Poor’s Index was off 3.85 points at 1,250.20. The Nasdaq Composite Index was down 4.48 points to 2,664.76. Private…
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Stocks Ended with Losses on Debt Uncertainty
U.S. stocks closed lower Thursday after deepening worries that a Congressional gridlock would lead to a U.S. debt default overshadowed some positive economic reports. The Dow Jones Industrial Averagelost 62.44 points, or 0.51%, to 12,240.11. The S&P 500 lost 4.22 points, or 0.32%, to 1,300.67. The Nasdaq Composite ended up 1.46 points, or 0.05%, to…