May 25, 2010 |
Stock markets plunged this morning with fears about the European economy and a Korean military confrontation driving the Dow Jones industrial average below 9900. The Dow had fallen 2.2%, or 217.80 points, at mid morning and other indexes fell even more sharply. The Nasdaq composite index was down 2.37% or 52.56 points to 2160.99. The rough opening came in the middle of a tumultuous day of trading in Europe and Asia. Fears about the health of the European Union's economy were stoked when four Spanish banks announced late Monday that they were planning to merge just a few days after the Spanish government bailed out another leading Spanish bank.
September 2, 2009 |
Stocks are rose in early trading today. The gains come as European shares drop after a slight rebound in Asian markets. Investors are worried that after a six-month rally in stocks, markets are looking a little overvalued considering the economy's ongoing challenges. U.S. investors will be looking to reports on manufacturing activity, home sales and construction spending for further evidence of the economy's rebound. Sales reports from automakers will also be closely watched.
December 12, 2012 |
NEW YORK -- Stocks jumped after the Federal Reserve said it would keep interest rates low as long as the unemployment rate stays above 6.5%. The Dow Jones industrial average rose 65 points, or 0.5%, to 13,314 in midday trading. The broader Standard & Poor's 500 index gained 10 points, or 0.7%, to 1,438. The technology-heavy Nasdaq rose 6 points, or 0.2%, to 3,028. The Fed also announced it would spend $45 billion a month buying Treasury bonds to keep long-term rates low. The central bank has embarked on large-scale bond buying as a way to lure investors into riskier assets such as stocks.
January 29, 2013 |
NEW YORK -- Stocks may be near record highs, but they are not terribly expensive, at least by one measure. Last week the broad Standard & Poor's 500 index closed above 1,500 for the first time in five years. This week the Dow Jones industrial average has been flirting with 14,000, a level it hasn't seen since October 2007. QUIZ: How much do you know about the stock market? In early trading Tuesday, the Dow added 22 points, or 0.2%, to 13,905. Stocks are a bit pricey relative to their earnings, but are nowhere near the overheated levels they've seen before, said Robert Shiller, a famed Yale University economist who identified the stock market and housing bubbles of the last decade.
August 27, 2012 |
Stocks were mixed in early trading Monday, cooling a late Friday rally on speculation of further monetary stimulus in the U.S. The Dow Jones industrial average lost 29 points, or 0.2%, to 13,129 shortly after the opening bell on Wall Street. The broader Standard & Poor's 500 index was down 1 point, or 0.1%, to 1,410. The Nasdaq was up 1 point, essentially flat at 3,071. Apple Inc. shares rallied following the company's $1-billion victory in a patent lawsuit with rival Samsung.
June 2, 2011 |
Although it's been more than two years since the market began a long rebound from its bear-market low, many individual investors remain extremely fearful of stocks. According to a survey released Wednesdayby Prudential Financial Inc., 58% of Americans say they've lost all faith in stocks, while 44% say they're unlikely to ever invest more money in the market. In one measure of what might be dubbed the New Trepidation, just 37% of investors say they're investing aggressively in stocks, down from 46% before the recession.