Topic: NASDAQ Composite Index
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Happy Friday! JPMorgan launches stock market rally
Showing a vote of confidence in JPMorgan Chase Friday, relieved investors drove up bank stocks, ended a six-day losing streak for the market and sent the Dow Jones industrial average up 204 points, the best day this month, to close at 12,777.
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Stocks slide on Wall Street for sixth straight day
US stocks slid for a sixth day Thursday as concern spread that weaker global economic growth will hurt US corporate earnings. The Dow fell as much as 112 points in early trading. It recovered to turn briefly positive before closing with a loss of 31 points, or 0.3 percent, at 12,573.
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Stocks close lower for fifth day straight
It was the fifth straight day of losses for both the Dow and S&P. That's the worst stretch for both since a six-day losing streak in May. With the US economy sluggish, there was little for investors to hold on to as the Dow closed down 48 points at 12,604.
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Stocks fall for a fourth day as tech profits slump
Stocks dropped over one hundred points for the fourth straight day Tuesday, following a profit slump at technology companies and steep decline in oil prices. The bad news even outweighed hopeful developments in Europe.
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Stocks slide ahead of corporate earnings season
Stocks closed lower on The Street ahead of US corporate earnings reports and the continued instability of markets across the pond. The Dow Jones industrial average slid 36 points to close at 12,736, the index's third straight day of losses.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Investors lukewarm on latest Fed move
Stocks saw no pickup from Bernanke's announcements today.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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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Stocks lose steam after Bernanke speaks
Up 140 points in the morning, Dow closes only 46 points higher. S&P and Nasdaq finish slightly lower. Stocks fell after Fed Chairman Bernanke remained coy on the possibility of more central bank stimulus for the economy.
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Happy Wednesday! Dow leaps 286 points, best day of the year
The rally started early and gathered force in the afternoon. The charge turned the Dow positive for 2012 and erased the biggest loss of the year less than a week after it happened to close at 12,414..
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