Topic: Jack Ablin

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  • Stocks drop on choppy day for Wall Street

    Stocks fell Tuesday on concerns that central banks will pull back from support for the global economy. Stocks began sliding from the opening bell, trailing markets in Asia and Europe.

  • Stocks rise on talk of corporate deals

    Stocks were up on Wall Street Tuesday on reports that retailers Office Depot and OfficeMax are discussing a merger came after big corporate deals for Heinz and Dell were announced in recent weeks. Stocks of office supplies stores jumped following the news.

  • Stocks hold as budget talks continue

    Rising stocks narrowly outnumbered falling ones on the New York Stock Exchange Friday. Investors remain cautious as 'fiscal cliff' budget negotiations continue in Washington.

  • Gloomy outlook from Chevron, Alcoa sinks stocks for third straight day

    Stocks slumped Wednesday after Chevron and Alcoa issued pessimistic reports. Energy and materials stocks, whose fortunes hinge on economic growth, dropped the most.  

  • Dow plummets 100 points in stock sell-off

    Stocks dropped after Charles Plosser, president of the Fed's Philadelphia branch, told an audience Tuesday that the Fed's effort to support the economy would likely fall short of its goals.

  • Stocks up after European rescue fund ruling

    Stocks rose Wednesday after a German court cleared the way for that country to participate in a European rescue fund. The ruling helped push Germany's main stock index, the DAX, to its highest level since July of last year.

  • Apple's earnings miss could undermine wobbly market

    Apple stock falls in after-hours trading after it reports disappointing quarterly earnings and revenue. Apple faces same headwinds as other multinationals with lower earnings this quarter.

  • Stocks rise; Mattel, Coke among earnings winners

    Strong performances from a handful of companies including Barbie maker Mattel, and Coca-Cola pushed the Dow Jones average up for only the third day this month. The closely-watched index closed up 78 points to land at 12,805.

  • Dow Jones hits highest mark since 2007

    The fastest growth in US manufacturing in 10 months gave stocks a lift Tuesday and pushed the Dow Jones industrial average to its highest close in more than four years.

  • Dow jumps 218 on market's biggest 2012 day

    Bank stocks led the market to its biggest single day gain of 2012. The Dow rose 218 points to close at 13177, its highest close since 2007.