Posts Tagged ‘state and local governments’

Stocks Slump on Euro Zone Worries

U.S. stocks dropped about 2% Monday, ending near their lows of the session, after German officials tried to lower expectations that an upcoming meeting of euro-zone officials would yield a speedy fix to Europe's debt problems. The Dow Jones Industrial Average lost 247.49 points, or 2.13%, to 11,397.00. The S&P ...

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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 Rebound on Hopes for Obama Jobs Plan

U.S. stocks opened higher on Wednesday with reports indicating that President Barack Obama is planning a $300 billion package to boost jobs and Germany's top court smoothed the way for Berlin's participation in bailout packages.  After a three-session losing run, the Dow Jones Industrial Average lately rose 142.51 points to ...

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