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Topic: Dow Jones Industrial Average

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  • US stocks plunge after weak June jobs report

    Despite preparing for a poor showing, the Dow Jones average plunged 124 points to close at 12,772. The US government reported that only 80,000 jobs were created in June, the third straight month of sluggish growth and weak hiring.

  • Weak retail sales figures push stocks lower

    Stocks closed mostly lower Thursday after signs emerged that Americans are spending at a slower pace and that China's economy may be in worse shape than previously thought. The Dow Jones industrial average closed down 47 points at 12,896.

  • US stock market climbs as world banks slash interest rates

    U.S stock market futures opened higher Thursday on actions taken by central banks in Europe and China to cut key interest rates and pump stimulus money . The Dow rose 26 points to 12893 as the US stock market awaits today's reports on unemployment claims and retail sales.

  • Stocks rise as oil prices, factory orders also climb

    In an abbreviated holiday trading session energy stocks rose due to increased tension over Iran. The major stock indexes moved higher after the government reported that factory orders rose in May. The Dow Jones rose 72 points to close at 12,943.

  • Slowing manufacturing numbers lead to mixed day on The Street

    Stocks struggled during a quiet start to holiday-week trading following news that American manufacturing numbers seem to have slowed in June. The Dow average fell after the manufacturing report, finishing down 8 points at 12,871.

  • Stock market rises in early trading as US awaits jobs report

    The stock market is rising in early trading Monday on hopes for new measures to deal with the eurozone debt crisis. But investors on the stock market are awaiting a critical US jobs report, to be released Friday.

  • World markets surge after Europe finds rescue plan

    Financial markets around the world jumped higher Friday with the Dow Jones industrial average climbing 277 points, closing at 12,880, and the Standard & Poor's had its best day of the year. Stocks advanced even further in Europe.

  • Stock market hiccup: not so much about health-care decision

    But some investors still grumbled that the Supreme Court's health-care decision might dampen business confidence and inhibit companies from hiring new workers.

  • Stocks rise on stronger US housing, factory data

    A rare double dose of good news about the US economy sent stocks surging up Wednesday. The Dow Jones industrial average rose 92 points, contributing to a closing bell tally of 12,627, despite continued fears about the eurozone crisis.

  • Gas prices poised to drop below $3 a gallon, as Fourth of July holiday nears

    Gas prices in South Carolina are already at $2.98 a gallon, while the national average on Wednesday was $3.38. A decade-high number of travelers could hit the road for the Fourth of July holiday.

  • Weary investors sell stocks as Spain seeks help

    Spain formally asked for help to rescue its ailing banks, but its request left many questions unanswered, including just how big a bailout it needs. Unsettled markets contributed to the Dow dropping 138 points to close at 12,502.

  • Moody's ratings cut for giant banks: a new weight on US economy

    Moody's downgrade of the US banking system, following turmoil in Europe's banking sector, is a blow to reputation of banks but is not expected to tip the economy into recession.

  • Bad reports give Dow its second-worst day of year

    The Dow started sinking after the Fed's Philadelphia branch reported a manufacturing slowdown resulting from a steep drop in companies' orders. It only got worse, as the index ultimately lost 250 points to close at 12,573, a 2 percent drop.

  • Investors lukewarm on latest Fed move

    Stocks saw no pickup from Bernanke's announcements today.

  • Fed's latest action doesn't impress investors

    The Federal Reserve's latest plan to help the economy failed to impress Wall Street on Wednesday, as stocks finished slightly lower for the day, and not much better than they were before the Fed announcement. The Dow closed down 12 points to end at 12,824.

  • Stocks jump nearly 100 points on hopes of Fed action

    Optimistic traders turned their focus back to corporate news from the US as banks and materials stocks led the market higher.The Dow Jones industrial average soared 95 points to 12,837, its highest close in a month.

  • US stocks meander as European debt crisis festers

    US indexes opened lower, then drifted between modest gains and losses. Homebuilders rallied after a measure of confidence rose to a five-year high. The Dow Jones industrial average closed down 25 points, to 12,741.

  • US stocks down early as Europe takes center stage

    US stocks slipped Monday as the markets remained focused on the news in Europe. US stocks futures on the Dow fell 65 points to 12645 as optimism over Greek elections failed to dim worries over the eurozone's continuing debt issues.

  • Stocks at 1-month high; now all eyes turn towards Greece

    Stocks recorded their third big gain of the week and closed at a one-month high because of expectations that the fall-out from the debt crisis in Europe may be slowing. The Dow Jones industrial average climbed 115 points to close at 12,767.

  • Stock market up early as Europe awaits Greek elections

    Stock market futures in the US rose Friday after a volatile week, as Europe brased for the results of elections in Greece. The stock market is anticipating action by major European central banks to head off a crisis in the region. 

  • Stocks surge on expectations of central bank help

    Greece's upcoming elections had investors around the world on edge today, but a report that major central banks were readying to pump money into the troubled country gave the Dow Jones average a late surge, closing up 155 points.

  • US stocks end lower as Europe teeters

    The Dow average shed 77 points to end at 12,496 after another day of volatile trading around the globe. The Dow had been down as much as 120 points and up as much as 24 points. This follows triple-digit gains on Tuesday and losses on Monday.

  • Focus Recession in America? 10 questions assessing the threat.

    Concerns about weak economies in Europe have already rattled global financial markets, and things are hardly rosy at home. Is America heading into a recession? Here are answers to 10 questions about that risk.

  • Encouraged by the Fed's positive comments, stocks rise sharply

    Erasing a big decline from the day before, the Dow Jones increased by 162 points to close at 12,573, as every major category to stock in the market closed higher. The president of the Fed's Chicago bank said he supports super-low interest rates, encouraging investors.

  • Too good to last: Relief over Spain bank rescue fades quickly

    The news of a bailout of Spanish banks caused a brief burst of optimism to penetrate the gloom of Wall Street Monday. But within hours stocks had fallen again, with the Dow closing down 142 points at 12,411, another large decline.

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