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Indexes Rise As Stimulus Package ConsideredMajor stock indexes rose Monday after last week's losses. The Dow Jones industrial average rose .48%, or 38.47, to close at 8,116.03. The S&P 500 rose .56%, or 4.62, to close at 836.57. The Nasdaq composite rose .82%, or 12.17, to close at 1,489.46. Continue reading "Indexes Rise As Stimulus Package Considered..." Big Blue Helps Lead Turnaround After Record Inauguration Day SlideU.S. President Barack Obama won votes and support by offering hope and change, but that part of his message seemed to fall on deaf ears on Wall Street. Continue reading "Big Blue Helps Lead Turnaround After Record Inauguration Day Slide..." Stocks Suffer Economic News, Jobs' LeaveTech stocks weren't spared Wednesday as the Dow Jones Industrial Average, the S&P 500, and the Nasdaq suffered steep declines on more bad economic news. Continue reading "Stocks Suffer Economic News, Jobs' Leave..." Nortel Network Shares Hit Record LowsNortel Networks' shares dropped more than 28% in trading Wednesday, to 37 cents a share, before regaining a meager .0016 per share. Ouch!! That's pretty bad news. Continue reading "Nortel Network Shares Hit Record Lows..." Yahoo Among Stocks Erasing Record Losses From MondayYahoo performed better than the Nasdaq Composite and the Dow Jones industrial average on Tuesday, after word spread that former AOL CEO Jonathan Miller was interested in buying the company. Continue reading "Yahoo Among Stocks Erasing Record Losses From Monday..." Reports Of Obama's Treasury Secretary Selection Send Stocks SurgingThe Dow Jones Industrial Average rose Friday to end the week lower than it opened Monday. However, a late afternoon rally Friday erased much of the damage from the previous session when the Dow took a 5.6%, or 445-point dive. Continue reading "Reports Of Obama's Treasury Secretary Selection Send Stocks Surging..." Dow Down On Government Changes, Weak ReportsThe Dow Jones Industrial Average fell almost 5% Wednesday, marking the third day in a row of falling stock prices. Continue reading "Dow Down On Government Changes, Weak Reports..." Spectacular Rally Before Black Tuesday Anniversary Doesn't Get Investors Out Of The WoodsConsumer confidence has hit 40-year lows. Home prices fell for the 20th consecutive month. Unemployment is expected to rise. So, what has that done to U.S. stocks? Continue reading "Spectacular Rally Before Black Tuesday Anniversary Doesn't Get Investors Out Of The Woods..." Spooky Predictions For Wall StreetIt's anybody's guess what U.S. stocks will do this week. Investors have acted with all the reliability of a ball on a roulette wheel since the end of September. Continue reading "Spooky Predictions For Wall Street..." Go on to the weblog archives... |
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