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European Banks To Receive Direct Assistance, Markets Close Sharply Higher
June 29, 2012
The decision by European officials to provide bailout funds directly to struggling banks sent the markets soaring to a sharply higher close with the Dow rocketing 277 points to 12,880. Nasdaq leaped 85...
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Investors Welcome European Bailout Details
June 29, 2012
The markets traded higher during the midday with the Dow jumping 212 points to 12,814 after European officials announced that they will ease austerity measures and lend bailout funds directly to...
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Euro Zone To Lend Directly To Banks, Markets Soar
June 29, 2012
Plans to lend funds directly to ailing European banks sent the markets soaring to a sharply higher open with the Dow leaping 214 points to 12,816. Nasdaq jumped 64 points to 2913.
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Modestly Lower Close As Investors Weigh Court Ruling
June 28, 2012
The markets recovered earlier losses to close modestly lower with the Dow slipping 24 points to 12,602 as investors weighed the impact of the Supreme Court's decision to uphold the Affordable Care Act....
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Markets Extend Losses As Affordable Care Act Upheld
June 28, 2012
The markets extended its losses during the midday with the Dow slumping 141 points to 12,485 after the Supreme Court upheld the Affordable Care Act. Nasdaq plunged 48 points to 2827.
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European Leaders Meet Again, Markets Slump
June 28, 2012
The markets opened sharply lower with the Dow slumping 123 points to 12,503 as European leaders met again to attempt to resolve the debt crisis. Nasdaq plunged 40 points to 2834.
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Upbeat Economic Data Lifts Markets To Higher Close
June 27, 2012
Gains in durable goods orders and pending home sales boosted the markets to a higher close with the Dow climbing 92 points to 12,627. Nasdaq gained 21 points to 2875.
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Higher Open As Durable Goods Orders Rise
June 27, 2012
Durable goods orders rose more than expected in May to lift the markets to a higher open with the Dow rising 59 points to 12,593. Nasdaq gained 17 points to 2871.
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Higher Close As Home Prices Rise
June 26, 2012
A gain in April home prices lifted the markets to a modestly higher close with the Dow adding 32 points to 12,534. Nasdaq climbed 17 points to 2854.
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Rising Home Prices Lift Markets
June 26, 2012
The markets advanced during the midday with the Dow rising 27 points to 12,530 as home prices rose. Nasdaq gained 14 points to 2850.
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Mixed Open As Consumer Confidence Falls
June 26, 2012
The markets opened mixed with the Dow slipping 27 points to 12,475 while Nasdaq rose 3 points to 2840 as consumer confidence fell.
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Lack Of Bailout Details Sink Stocks
June 25, 2012
Wary investors sank the markets with the Dow stumbling 138 points to 12,502 as few details emerged about bailout for Spanish banks. Nasdaq plummeted 56 points to 2836.
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Markets Tumble As Spain Officially Requests Assistance
June 25, 2012
Spain's official request for financial assistance for its ailing banks sent the markets tumbling during the midday with the Dow plummeting 146 points to 12,494. Nasdaq plunged 53 points to 2838.
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Spain Requests Assistance, Markets Open Lower
June 25, 2012
The markets opened lower with the Dow plunging 160 points to 12,480 after Spain officially requested financial assistance for its banks. Nasdaq plummeted 48 points to 2843.
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Higher Close As Investors Monitor Europe
June 22, 2012
Moody's downgraded 15 global banks but the markets closed higher with the Dow climbing 67 points to 12,640 as investors monitored developments in Europe. Nasdaq gained 33 points to 2892.
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Markets Advance Ahead Of European Union Meeting
June 22, 2012
The markets advanced during the midday with the Dow gaining 67 points to 12,641 ahead of a European Union meeting next week. Nasdaq climbed 44 points to 2883.
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Higher Open Despite Bank Downgrades
June 22, 2012
The markets opened higher with the Dow rising 57 points to 12,631 despite downgrades of 15 major financial institutions by Moody's Investors Service last night. Nasdaq gained 14 points to 2873.
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Disappointing Global Manufacturing Data Sinks Stocks
June 21, 2012
Disappointing global manufacturing growth sent the markets plummeting to a sharply lower close with the Dow collapsing 250 points to 12,573. Nasdaq sank 71 points to 2859.
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Global Manufacturing Slowdown Weighs On Markets
June 21, 2012
The markets extended its losses during the midday with the Dow plummeting 182 points to 12,642 as global manufacturing activity slowed. Nasdaq plunged 55 points to 2874.
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Fed Cuts Economic Projections, Markets Close Lower
June 20, 2012
The Federal Reserve cut its economic projections for the next two years to weigh the markets down to a lower close with the Dow losing 12 points to 12,824. Nasdaq edged up a fraction to 2930.
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Markets Negative Ahead Of Possible Fed Action
June 20, 2012
The markets turned negative during the midday with the Dow slipping 13 points to 12,824 ahead of possible action by the Federal Reserve to further stimulate the struggling economy. Nasdaq held steady...
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Flat Open As Greece Forms Coalition Government
June 20, 2012
The markets opened flat with the Dow slipping 4 points to 12,833 as investors monitored the actions of the newly formed coalition government in Greece. Nasdaq eased a fraction to 2929.
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Upbeat Housing Data Boosts Markets To Higher Close
June 19, 2012
Upbeat housing data boosted the markets to a sharply higher close with the Dow climbing 95 points to 12,837. Nasdaq soared 34 points to 2929.
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Housing Starts Revised Upward, Markets Extend Gains
June 19, 2012
An upward revision of April housing starts boosted the markets higher during the midday with the Dow soaring 126 points to 12,868. Nasdaq jumped 36 points to 2931.
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Higher Open As Home Building Permits Rise
June 19, 2012
The markets opened higher with the Dow climbing 98 points to 12,840 as new home building permits rose in May. Nasdaq surged 31 points to 2926.
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Greece May Yet Abandon Euro, Markets Close Mixed
June 18, 2012
While Greek voters chose to support austerity measures, concerns remained that the country may yet abandon the euro. The markets closed mixed with the Dow losing 25 points to 12,741 while Nasdaq...
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Markets Mixed As Spanish Bond Yields Climb
June 18, 2012
The markets traded mixed during the midday with the Dow slipping 13 points to 12,753 as Spanish bond yields climbed. Nasdaq gained 25 points to 2897.
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Greek Vote Lifts Markets To Higher Open
June 18, 2012
The markets opened modestly higher with the Dow adding 7 points to 12,774 after Greek voters chose to stay in the euro. Nasdaq climbed 17 points to 2890.
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Anticipation Of Central Bank Action Boosts Markets
June 15, 2012
Optimism that central banks will stabilize the financial markets boosted the markets to a sharply higher close with the Dow soaring 115 points to 12,767. Nasdaq surged 36 points to 2872.
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Hope For Central Bank Capital Infusion Lifts Markets
June 15, 2012
The markets advanced during the midday with the Dow gaining 73 points to 12,725 investors welcomed indications from central banks that capital may be available to ailing banks. Nasdaq climbed 21 points...
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