Unexpected Gain In Durable Goods Lifts Markets
March 25, 2009
An unexpected gain in durable goods orders lifted the markets to a higher open with the Dow surging 159 points to 7818. Nasdaq leaped 34 points to 1550. Read More
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Market News
Profit Taking Sinks Stocks
March 24, 2009
The markets extended its losses to close lower with the Dow plunging 116 points to 7660 as investors locked in profits from yesterday's rally. Nasdaq plummeted 38 points to 1517. Read More
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The markets pared earlier losses but continued trading in the negative as Treasury Secretary Geithner echoed Fed Chief Bernanke's comments that the government must exert greater authority over troubled... Read More
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Stocks Open Lower on Profit-Taking
March 24, 2009
Financial stocks dragged the market lower as profit-takers took advantage of yesterday's rally. The Dow lost 48 points to 7727 while Nasdaq dropped 15 points to 1539. Read More
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Market News
Markets Surge Over Home Sales And $1 Trillion Plan
March 23, 2009
Better than expected exiting home sales along with the government's plan to remove up to $1 trillion in toxic assets from banks boosted the markets to a sharply higher close with the Dow rocketing 497... Read More
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Market News
Government's $1 Trillion Plan Boosts Markets
March 23, 2009
Plans for the government to remove up to $1 trillion in toxic assets from banks sent the markets soaring during the midday with the Dow jumping 298 points to 7576. Nasdaq leaped 56 points to 1513. Read More
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Market News
Investors Cheer Bad Bank Asset Purchase Plan
March 23, 2009
The U.S. government proposed a plan to buy up to $1 trillion in bad assets from troubled banks. The Dow soared 200 points to 7480 while Nasdaq rose 33 points to 1490. Read More
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Market News
Profit Taking Weighs Down Markets
March 20, 2009
Investors locked in profits from the recent market rally to send the markets down to a lower close with the Dow plunging 122 points to 7278. Nasdaq plummeted 26 points to 1457. Read More
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Market News
The markets traded lower during the midday with the Dow losing 29 points to 7372 after Federal Reserve chairman Ben Bernanke said that the country must create a safer process to shutter failing nonbank... Read More
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Market News
Stocks Edge Higher Ahead of Bernanke Speech
March 20, 2009
Investors awaited a speech by Federal Reserve Chairman Bernanke hoping for signs that recent stimulus initiatives were working. The Dow rose 14 points to 7415 while Nasdaq added 4 points to 1487. Read More
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Market News
Oil Prices Surge, Markets Drop
March 19, 2009
Oil prices surged to a new high for the year to send the markets down to a lower close with the Dow tumbling 86 points to 7401. Nasdaq dropped 8 points to 1483. Read More
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Market News
Rising Oil Weighs Down Markets
March 19, 2009
Rising oil prices weighed down the markets during the midday with the Dow tumbling 88 points to 7398. Nasdaq dropped 9 points to 1482. Read More
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Market News
Stocks Open Mixed on Earnings News
March 19, 2009
Investors focused on corporate profits and the outlook for the rest of the year. The Dow slipped 5 points to 7482 while Nasdaq rose 2 points to 1494. Read More
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Market News
Fed To Purchase $1 Trillion In Bonds And Securities
March 18, 2009
While the Federal Reserve left the federal funds rate unchanged, the agency announced plans to purchase $1 trillion in government bonds and mortgage-backed securities. The markets rebounded with the... Read More
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Market News
Markets Mixed As Retreating Oil Tempers Rising CPI
March 18, 2009
The markets traded mixed during the midday as retreating oil prices tempered news of soaring consumer prices. The Dow tumbled 64 points to 7331 while Nasdaq added 4 points to 1466. Read More
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Market News
Stocks Open Lower Ahead of Federal Reserve Decision
March 18, 2009
The Federal Reserve may have few options to revive the economy with interest rates already close to zero. Meanwhile, investors and lawmakers remained distracted by bonuses paid to AIG executives. The... Read More
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Market News
Surging New Home Construction Boosts Markets Higher
March 17, 2009
Investors pleasantly surprised by a surge in new home construction lifted the markets to a sharply higher close with the Dow surging 179 points to 7396. Nasdaq leaped 58 points to 1462. Read More
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Market News
Unexpected Jump In New Home Construction Lifts Markets
March 17, 2009
An unexpected jump in new home construction boosted the markets higher during the midday with the Dow climbing 73 points to 7290. Nasdaq soared 28 points to 1432. Read More
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Market News
Stocks Edge Higher Ahead of Housing Starts Report
March 17, 2009
Stocks rose as investors hoped for new housing starts to increase in February. The Dow rose 5 points to 7222 while Nasdaq surged 13 points to 1417. Read More
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Market News
Rebounding Oil Weighs Down Markets
March 16, 2009
A rebound in oil prices erased earlier gains to send the markets down to a lower close with the Dow slipping 7 points to 7217. Nasdaq plunged 27 points to 1404. Read More
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Market News
Bernanke Says Recovery By End Of Year
March 16, 2009
Upbeat comments by Federal Reserve Chairman Ben Bernanke that the economy will recover by the end of the year lifted investor confidence to send the Dow soaring 146 points to 7370. Nasdaq gained 7... Read More
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Market News
Stocks Extend Gains on Economic Recovery Hopes
March 16, 2009
Federal Reserve Chairman Ben Bernanke suggested an end to the recession this year by repairing and restoring confidence in the banking system. The Dow rose 62 points to 7286 while Nasdaq added a point... Read More
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Market News
Markets Close Higher Over Citigroup's Confidence
March 13, 2009
Citigroup's announcement that it will not require more government bailout funds lifted the markets to a modestly higher close with the Dow climbing 54 points to 7224. Nasdaq gained 5 points to 1432. Read More
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Market News
Markets Pull Back As Oil Rises
March 13, 2009
Despite better than expected consumer confidence numbers, the markets pulled back during the midday with the Dow slipping 5 points to 7165 as oil prices rose. Nasdaq lost 9 points to 1417. Read More
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Market News
Stocks Rise as Financial Services Sector Extends Rally
March 13, 2009
Confidence in the banking sector lifted stocks as the U.S. trade gap narrowed for a sixth straight month. The Dow rose 20 points to 7190 while Nasdaq was flat at 1425. Read More
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Market News
Retail Sales Boosts Markets To Sharply Higher Close
March 12, 2009
A smaller than expected slip in retail sales boosted investor enthusiasm to lift the markets to a sharply higher close with the Dow leaping 240 points to 7170. Nasdaq soared 54 points to 1426. Read More
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Market News
GM's Restructuring Plan Working, Markets Soar
March 12, 2009
General Motors reassured investors that its restructuring plan is working and that the automaker will not need a $2 billion government loan. The Dow surged 147 points to 7070 while Nasdaq climbed 26... Read More
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Market News
Stocks Waver Ahead of Economic Reports
March 12, 2009
The markets opened mixed ahead of unemployment and retail sales reports. The Dow slipped 2 points to 6927 while Nasdaq rose a point to 1371. Read More
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Market News
The markets pared earlier gains to close modestly higher with the Dow adding 4 points to 6930 as investors await Congress' decision whether to suspend mark-to-market accounting rules. Nasdaq rose 13... Read More
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Market News
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