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Central Banks May Act To Stabilize Markets
June 15, 2012
The markets opened higher with the Dow rising 47 points to 12,699 as central banks indicated that they would intervene to stabilize global financial markets. Nasdaq gained 11 points to 2848.
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Central Banks May Infuse Capital Into Financial Markets
June 14, 2012
Rumors that central banks may infuse the European economy with much needed capital sent the markets soaring to a sharply higher close with the Dow leaping 155 points to 12,651. Nasdaq gained 17 points...
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Higher Open As Consumer Prices Fall
June 14, 2012
Falling consumer prices lifted the markets to a higher open with the Dow gaining 52 points to 12,549. Nasdaq added 2 points to 2821.
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Drop In Retail Sales Weighs Down Markets
June 13, 2012
A 0.2% drop in May retail sales sent the markets down to a lower close with the Dow tumbling 77 points to 12,496. Nasdaq fell 24 points to 2818.
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Markets Extend Losses As Dimon Testifies
June 13, 2012
The markets extended its losses during the midday with the Dow falling 84 points to 12,489 as JPMorgan chief executive Jamie Dimon testified before Congress about the company's $2 billion loss. Nasdaq...
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Lower Open As Producer Prices Drop
June 13, 2012
A sharp 1% drop in May producer prices weighed the markets down to a lower open with the Dow slipping 24 points to 12,549. Nasdaq lost 5 points to 2837.
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Bargain Hunters Lift Markets To Sharply Higher Close
June 12, 2012
Investors snapped up bargains after yesterday's sell-off to lift the markets to a sharply higher close with the Dow leaping 162 points to 12,573. Nasdaq surged 33 points to 2843.
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Investors Await Details On Spanish Bailout, Markets Advance
June 12, 2012
The markets advanced during the midday with the Dow soaring 102 points to 12,513 as investors continued to monitor developments in Europe. Nasdaq gained 18 points to 2827.
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Mixed Open As Investors Eyed European Developments
June 12, 2012
The markets opened mixed with the Dow rising 12 points to close at 12,424 while Nasdaq lost 5 points to 2804 as investors continued to monitor developments in Europe.
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Concerns About Spain Aid Sinks Stocks
June 11, 2012
Concerns about the 100 billion euro financial aid package for Spain sank the markets with the Dow plunging 142 points to close at 12,411. Nasdaq plummeted 48 points to 2809.
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Markets Fall As Investors Await Details Of Spain Aid Package
June 11, 2012
The markets extended its losses during the midday with the Dow losing 27 points to 12,526 as few details emerged about the 100 billion euro financial aid package for Spain. Nasdaq fell 12 points to...
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100 Billion Euro Bailout For Spanish Banks, Markets Open Lower
June 11, 2012
Spanish banks will receive a larger than expected bailout package of 100 billion euros. The markets opened lower with the Dow slipping 7 points to 12,546 while Nasdaq lost 2 points to 2855.
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Spain To Request Financial Assistance, Markets Close Higher
June 08, 2012
The markets soared to close higher with the Dow gaining 93 points to 12,554 as Spain prepared to request financial assistance for its ailing banks. Nasdaq climbed 27 points to 2858.
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Wholesale Inventories Rise, Markets Advance
June 08, 2012
A 0.6% increase in wholesale inventories lifted the markets higher during the midday with the Dow rising 24 points to 12,485. Nasdaq gained 11 points to 2842.
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Trade Deficit Narrows As Exports Tumble, Markets Open Mixed
June 08, 2012
The nation's trade deficit narrowed in April as both imports as well as exports tumbled. The markets opened mixed with the Dow losing 8 points to 12,452 while Nasdaq rose 5 points to 2836.
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No Additional Stimulus From Fed, Markets Close Mixed
June 07, 2012
The markets retreated from earlier highs to close mixed with the Dow rising 46 points to 12,460 after Federal Reserve Chairman Ben Bernanke failed to offer additional economic stimulus measures. Nasdaq...
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Record Low Mortgage Rates Boost Markets
June 07, 2012
The markets traded higher during the midday with the Dow climbing 90 points to 12,505 as mortgage rates dropped again to a new record low. Nasdaq rose 6 points to 2851.
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China Cuts Interest Rate, Markets Soar
June 07, 2012
China's central bank unexpectedly cut a key interest rate to lift the markets to a higher open with the Dow soaring 108 points to 12,523. Nasdaq gained 14 points to 2859.
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Stimulus Rumors Send Stocks Soaring
June 06, 2012
Rumors of further economic stimulus measures sent the markets soaring to a sharply higher close with the Dow rocketing 286 points to 12,414. Nasdaq leaped 66 points to 2844.
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Hope For Additional Stimulus Measures Sends Markets Soaring
June 06, 2012
The markets advanced during the midday with the Dow surging 213 points to 12,341 as hopes increased for additional stimulus measures by the Federal Reserve. Nasdaq jumped 54 points to 2832.
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Hope For European Bank Assistance Boosts Markets
June 06, 2012
The markets opened sharply higher with the Dow surging 1551 points to 12,279 over optimism that the European Central Bank will do more to assist ailing banks. Nasdaq leaped 41 points to 2819. On the...
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Modestly Higher Close As Services Sector Expands
June 05, 2012
The markets closed modestly higher with the Dow rising 26 points to 12,127 as the nation's services sector expanded more than expected. Nasdaq gained 18 points to 2778.
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Markets Flat Over Spanish Banking Concerns
June 05, 2012
The markets traded near the flatline with the Dow slipping 5 points to 12,095 as Spain's Treasury Minister acknowledged that its banks would need financial assistance from the European Union. Nasdaq...
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Services Sector Expands, Markets Open Higher
June 05, 2012
The nation's services sector expanded more than expected in May to lift the markets to a higher open with the Dow rising 20 points to 12,121. Nasdaq gained 13 points to 2773.
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Mixed Close As G7 Prepares For Emergency Talks
June 04, 2012
The markets closed mixed with the Dow losing 17 points to 12,101 as the Group of Seven prepared for emergency discussions tomorrow to address the deepening debt crisis in Europe. Nasdaq rose 12 points...
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Markets Fall Over European Debt Concerns
June 04, 2012
The markets turned negative during the midday with the Dow falling 52 points to 12,065 as European debt concerns continued to weigh on investors. Nasdaq lost 9 points to 2738.
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Mixed Open As Investors Monitor European Developments
June 04, 2012
The markets opened mixed with the Dow losing 17 points to 12,101 while Nasdaq rose 4 points to 2751 as investors monitored developments in Europe.
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Markets Plummet Over Disappointing Jobs Data
June 01, 2012
Sluggish job creation and an uptick in the nation's unemployment rate sent the markets plunging to a sharply lower close with the Dow diving 274 points to 12,118. Nasdaq plummeted 79 points to 2747.
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Markets Collapse Over Weak Job Creations
June 01, 2012
The markets extended its losses during the midday with the Dow collapsing 273 points to 12,119 as employers created fewer jobs than expected in May. Nasdaq sank 77 points to 2750.
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Rise In Unemployment Sends Markets Tumbling
June 01, 2012
The nation's unemployment rate rose to 8.2% in May to send the markets tumbling to a sharply lower open with the Dow slumping 204 points to 12,189. Nasdaq plummeted 55 points to 2771.
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