July 20, 2010 |
U.S. stocks ended higher on Tuesday, led by gains in shares of Goldman Sachs Group Inc and strength in beaten-down homebuilders and raw materials companies. Based on the latest available data, the Dow Jones industrial average rose 75.53 points, or 0.74 percent, to end at 10,229.96. The Standard & Poor's 500 Index was up 12.22 points, or 1.14 percent, at 1,083.47. The Nasdaq Composite Index was up 24.26 points, or 1.10 percent, at 2,222.49.
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.
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.
March 6, 2014 |
OK, listen up, all you dumb users of smartphones: In spite of what Massachusetts ' high court decided, no, it isn't OK to take “upskirt” pictures of unsuspecting women. On Wednesday, in the land of the Puritans and the home of “Banned in Boston,” all hell broke loose after the state Supreme Judicial Court overruled a lower court in a case involving one Michael Robertson, who seemed to think it was clever to use his cellphone in ways Apple or Samsung never intended. But Robertson got away with it because the state's Peeping Tom laws don't apply to such behavior, the court found.
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.