Flat Close For Markets
August 26, 2009
The markets closed flat with the Dow adding 4 points to 9543 even as new home sales surged and durable goods orders jumped. Nasdaq edged up a fraction to 2024. Read More
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Market News
Markets Negative Despite Jump In New Home Sales
August 26, 2009
The markets turned negative during the midday despite a greater than expected jump in new home sales with the Dow slipping 16 points to 9522 as investors remained concerned about consumer spending.... Read More
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Market News
Stocks Open Lower on Mixed Economic Data
August 26, 2009
Orders for durable goods rose sharply in July driven by higher commercial aircraft orders and automotive sales. However, investors remained worried about consumer spending weighing down the major... Read More
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Market News
Upbeat Consumer Confidence Lifts Markets
August 25, 2009
Investors embraced a report that consumer confidence rose more than expected. The markets closed modestly higher with the Dow gaining 30 points to 9539. Nasdaq added 6 points to 2024. Read More
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Market News
Stronger Than Expected Consumer Confidence Lifts Markets
August 25, 2009
Stronger than expected consumer confidence lifted the markets higher during the midday with the Dow climbing 85 points to 9594. Nasdaq gained 16 points to 2034. Read More
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Market News
Stocks Open Higher on Home Price Gains
August 25, 2009
In the 2nd quarter of the year, the Standard & Poor's/Case-Shiller's U.S. National Home Price Index posted its 1st quarterly increase in 3 years. Investors grew optimistic about the economic recovery... Read More
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Market News
Markets Flat Ahead Of Economic Data
August 24, 2009
The markets closed flat with the Dow adding 3 points to 9509 as investors await economic data later this week. Nasdaq slipped 2 points to 2017. Read More
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Market News
Markets Up Over Economic Recovery Hopes
August 24, 2009
Investors remained hopeful of a global economic recovery. The markets traded modestly higher during the midday with the Dow rising 35 points to 9541. Nasdaq inched up 2 points to 2023. Read More
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Market News
Stocks Open Lower on Global Economic Recovery Hopes
August 24, 2009
The major indexes rose to their highest levels of the year on investor optimism for a global economic recovery. Meanwhile, oil prices edged toward the $74 a barrel level. The Dow gained 40 points to... Read More
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Market News
Upbeat Home Sales And Fed Chief's Comments Lift Markets
August 21, 2009
Upbeat existing home sales and comments by Federal Reserve Chairman Ben Bernanke that the economy will recover in the near future lifted the markets to a sharply higher close with the Dow surging 155... Read More
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Market News
Bernanke Says Economy Poised To Recover
August 21, 2009
Comments by Federal Reserve Chairman Ben Bernanke that the economy is set to recover boosted the markets during the midday with the Dow soaring 137 points to 9487. Nasdaq jumped 25 points to 2014. Read More
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Market News
Home Sales Rise To Lift Markets To Higher Open
August 21, 2009
The markets surged in early morning trading with the Dow soaring 135 points to 9486 as existing home sales rose by the fastest pace in nearly two years. Nasdaq jumped 26 points to 2015. Read More
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Market News
Gain In Factory Activity Lifts Markets
August 20, 2009
Mortgage delinquencies surged to record highs in the second quarter but an uptick in factory activity in the mid-Atlantic region lifted the markets to a higher close with the Dow gaining 70 points to... Read More
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Market News
Leading Economic Index Rises, Markets Advance
August 20, 2009
The markets advanced during the midday with the Dow climbing 51 points to 9330 after the Conference Board reported an increase in its Leading Economic Index. Nasdaq gained 15 points to 1984. Read More
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Market News
Stocks Open Higher as Job Creation Remains Elusive
August 20, 2009
Stocks open higher on the strength of Asian and financial services stocks. Investors hoped for an improvement in the U.S. employment picture, but the latest government report showed weekly jobless... Read More
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Market News
Energy Stocks Lift Markets To Higher Close
August 19, 2009
A drop in crude oil inventories boosted energy stocks to lift the markets to a higher close with the Dow gaining 61 points to 9279. Nasdaq climbed 13 points to 1969. Read More
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Market News
Markets Advance At Midday
August 19, 2009
The markets advanced during the midday with the Dow climbing 86 points to 9304. Nasdaq rose 13 points to 1969. Read More
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Market News
Stocks Open Lower on Economic Recovery Worries
August 19, 2009
Stocks opened lower after Asian markets fell sharply in overnight trading. The Dow lost 53 points to 9164 while Nasdaq fell 10 points to 1945. Read More
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Market News
Upbeat Earnings Lifts Markets To Higher Close
August 18, 2009
Upbeat earnings lifted the markets to a higher close with the Dow rising 82 points to 9217. Nasdaq gained 25 points to 1955. Read More
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Market News
Markets Rise As Retailers Post Better Than Expected Earnings
August 18, 2009
Better than expected earnings from retailers lifted investor sentiment and boosted the markets during the midday with the Dow gaining 76 points to 9212. Nasdaq climbed 23 points to 1954. Read More
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Market News
Stocks Open Higher on Mixed Economic Data
August 18, 2009
Wholesale prices fell in July which eased inflationary concerns, but construction of new homes also slipped last month. The Dow rose 44 points to 9179 while Nasdaq rose 11 points to 1942. Read More
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Market News
Drop In Global Markets Sends Domestic Markets Tumbling
August 17, 2009
A sharp drop in the global markets sent the domestic markets plunging with the Dow plummeting 186 points to 9135. Nasdaq slumped 54 points to 1930. Read More
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Market News
Cautious Spending May Slow Recovery
August 17, 2009
Concerns that the economic recovery will be stalled by the cautious spending habits of wary consumers sent the markets tumbling during the midday with the Dow plunging 157 points to 9159. Nasdaq... Read More
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Market News
Stocks Open Sharply Lower on Consumer Worries
August 17, 2009
Stocks fell worldwide in overnight trading with the U.S. markets joining the sell-off. Investors worried that consumers may not resume spending to help the economic recovery. The Dow tumbled 150 points... Read More
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Market News
Cautious Consumers May Stall Recovery
August 14, 2009
Consumer sentiment dropped more than expected in August raising concerns that the economic recovery may be stalled by cautious consumers. The markets closed lower with the Dow tumbling 76 points to... Read More
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Market News
Drop In Consumer Sentiment Sparks Recovery Concerns
August 14, 2009
A sharp drop in consumer sentiment sparked fears that the economic recovery would be stalled by wary consumers. The Dow plunged 135 points to 9262 while Nasdaq tumbled 36 points to 1973. Read More
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Market News
Stocks Open Lower as Investors Weigh Economic Data
August 14, 2009
Investors mulled over the latest inflation report which was unchanged in July and factory output which rose more than expected. The Dow lost 10 points to 9388 while Nasdaq slipped 2 points to 2004. Read More
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Market News
Modestly Higher Close For Markets
August 13, 2009
The markets closed modestly higher with the Dow gaining 36 points to 9398 despite a surprising drop in retail sales as investors focused instead on the Federal Reserve's upbeat assessment of the... Read More
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Market News
Mixed Markets Over Weak Retail Sales
August 13, 2009
The markets traded mixed during the midday with the Dow losing 9 points to 9352 over weak retail sales and an unexpected jump in jobless claims. Nasdaq added a point to 1999. Read More
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Market News
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