November 15, 2012 |
Stocks edged higher in rocky early trading amid economic data showing Europe back in recession and persistent concerns in the U.S. about pending negotiations over how to avert a fiscal crisis. The Dow Jones industrial average was up 13 points, or 0.1%, to 12,584. The Dow fell nearly 200 points Wednesday. The broader Standard & Poor's 500 index was up 2 points, or 0.2%, to 1,358. The Nasdaq was up slightly but essentially flat at 2,848. On Wednesday, the tech-heavy index entered correction territory as it dropped to a level 10% below its recent mid-September high.
November 1, 2012 |
It was a rough day on Wall Street for Apple Inc., which saw its shares decline as much as 2.7% on the first day of trading since the company announced a sweeping management shake-up. Shares fell as low as $587.70 on Wednesday morning. They recovered slightly, closing down $8.68, or 1.4%, to $595.32. Apple shares have slid more than 15% since reaching a high of $702.10 on Sept. 19. On Monday the Cupertino, Calif., tech giant announced the departures of John Browett, Apple's head of retail, and Scott Forstall, who was in charge of the company's widely panned Siri and Maps app products.
October 24, 2012 |
Facebook lost $59 million in the third quarter, but the newly publicly traded social networking site saw its shares soar on Wall Street early Wednesday. Facebook shares gained $4.35, or 22%, to $23.85 in early trading, after the company reported gains from mobile advertising. Major U.S. stock indexes, meanwhile, edged higher shortly after the opening bell. The Dow Jones industrial average rose 16 points, or 0.1%, to 13,118. The broader Standard & Poor's 500 index was up four points, or 0.3%, to 1,417.
October 1, 2012 |
NEW YORK -- Stocks rallied 1% in early trading, as investors saw more reasons to be optimistic about Europe's debt crisis. The Dow Jones industrial average jumped 143 points, or 1.1%, to 13,581 shortly after the opening bell on Wall Street. The broader Standard & Poor's 500 index rose 15 points, or 1.1%, to 1,456. The Nasdaq was up 28 points, or 0.9%, to 3,144. Stress tests of Spain's troubled banks reportedly turned out better than expected. Investors also digested a report showing U.S. manufacturing increased in September, following three months of decline.
September 28, 2012 |
Stock indexes were initially down nearly 1% in early trading on Wall Street on worries over Spain's banking system, adding to concern over the Eurozone crisis. The Dow Jones industrial average was down 101 points, or 0.8%, to 13,385 shortly after the opening bell. The broader Standard & Poor's 500 index fell 9 points, or 0.6%, to 1,438. The Nasdaq was down 13 points, or 0.4%, to 3,124. Friday is the last trading day of the third quarter. ALSO: Initial jobless claims fell sharply last week to 359,000 Mortgage rates nose-dive to new lows; 30-year at 3.4% One in five households burdened by student debt, a record
August 9, 2012 |
Stocks were choppy but essentially flat in early trading on Wall Street after a better-than-expected report showing a decrease in jobless claims last week. The Dow Jones industrial average was up 2 points, essentially flat at 13,177 shortly after the opening bell Thursday. The Standard & Poor's 500 index was up half a point to 1,403. The Nasdaq gained 7 points, or 0.2%, to 3,018. The Labor Department reported that initial jobless claims decreased by 6,000 last week to a seasonally adjusted 361,000.