dow jones
Stocks down after tepid economic data, bank woes
Posted June 2nd, 2008 by California Home LoanNEW YORK -- Wall Street retreated sharply Monday on more signs of economic weakness and executive shake-ups at two major banks _ reminders of the ongoing fallout from the credit crisis. The Dow Jones industrial average fell 200 points.
Stocks fall as oil prices stir economic worries
Posted May 23rd, 2008 by California Home LoanNEW YORK -- Wall Street ended a week of big losses with more selling Friday as rising oil prices again raised worries that strained consumers will cut back spending and hurt the overall economy. The Dow Jones industrials fell nearly 150 points in the final session before the three-day holiday weekend.
Stocks tumble on $134 oil, Fed meeting minutes
Posted May 21st, 2008 by California Home LoanNEW YORK -- Wall Street pitched lower for the second straight session Wednesday as record-high oil prices and a bleak economic assessment from the Federal Reserve deepened investors' worry about rising costs and a shaky employment picture. The Dow Jones industrial average fell 227 points, logging its widest two-day loss since late February.
Stocks stumble after record oil, inflation worries
Posted May 20th, 2008 by California Home LoanNEW YORK -- Wall Street tumbled Tuesday after oil prices spiked to a new record above $129 a barrel and a government report raised investors' concerns about the impact of inflation on consumer spending. The Dow Jones industrials fell more than 200 points.
Stocks up as oil price drop eases inflation fears
Posted May 12th, 2008 by California Home LoanStocks rise and Dow crosses 13,000 as dollar advances
Posted May 1st, 2008 by California Home LoanNEW YORK -- Wall Street shot higher Thursday as investors, while anticipating another dismal jobs report Friday, viewed the rising dollar and falling oil prices as promising signs for the economy. The Dow Jones industrial average soared nearly 190 points to close above 13,000 for the first time since Jan. 3.
Treasury prices decline as stock market rallies
Posted May 1st, 2008 by California Home LoanNEW YORK -- Investors moved out of Treasury bonds on Thursday as a rally in stocks sent the Dow Jones industrials up nearly 190 points.
Stocks dip with investors flummoxed over Fed
Posted April 30th, 2008 by California Home LoanNEW YORK -- Wall Street gave up sharp gains and closed lower Wednesday after the Federal Reserve cut interest rates by a quarter point but left investors guessing about the central bank's next move. The Dow Jones industrial average, momentarily soaring above 13,000 for the first time since early January, ended the session with a modest loss.
Stocks drop as earnings data disappoint Wall Street
Posted April 23rd, 2008 by AdminEarnings reports spur stock rally
Posted April 17th, 2008 by AdminShares surge after three Dow components post better-than-expected quarterly results. Oil prices hit a new record. Stocks surged Wednesday, sending the Dow Jones industrials up more than 250 points, after better-than-expected earnings reports from three Dow components relieved anxiety about corporate profits and the economy.