Stock Market '07

Optimism Returns

Fri, 07 Dec 2007 00:57:04 PST

Investors continued to position themselves on the long side ahead of next week’s interest rate decision as well as Friday’s much anticipated jobs report. Although index...

U.S. stocks gain for another day, led by financials

Fri, 07 Dec 2007 00:52:04 PST

U.S. stocks on Thursday extended gains for a second day after the White House offered its plan to curb home foreclosures, bolstering financial shares battered for months...

U.S. Lends Hand on ARMs

Fri, 07 Dec 2007 00:44:03 PST

President Bush on Thursday unveiled a government-led plan to help borrowers avoid foreclosure by, among other things, temporarily freezing interest rates on certain...

Fed Keeps Rally Alive

Thu, 29 Nov 2007 01:10:45 PST

Stocks in the U.S. surged Wednesday and extended the previous session's rally as comments from a high-ranking Federal Reserve official suggested further rate cuts could...

Credit Angst Crushes Stocks

Tue, 27 Nov 2007 01:27:33 PST

Stocks in the U.S. sold off into the close Monday as yet more worries about the credit arena dragged down the market and sent investors scrambling to government...

mona_moolah writes "Regardless, the takeaway here is that, despite the positive action in the..."

Sun, 11 Nov 2007 23:45:30 PST

Regardless, the takeaway here is that, despite the positive action in the financials, market players remain nervous and are still very uncertain as to how things will play out. The good news, however, is that the sort of wash-out we’ve experienced over the past week or so is setting us up for a good run as we kick off what has historically been the strongest period for the market. At this point, the technical conditions in the averages as well as a great number of individual stocks still indicate that capital protection should be a top priority. But, there are a lot of opportunities developing in stocks that are getting pounded mercilessly along with the broader market.

Fear Dominates Market Action

Sun, 11 Nov 2007 23:42:59 PST

The market closed out the week in a disappointing manner as a massive wave of selling into the close negated some encouraging action in the afternoon, causing each of the...

mona_moolah writes "We've had a big correction, so now it's a bottoming process that will lead us..."

Sun, 11 Nov 2007 23:35:27 PST

We've had a big correction, so now it's a bottoming process that will lead us into next week." The major averages notched a second losing week in a row. The Dow lost 4%, and the S&P 500 closed down 3.8%. The Nasdaq suffered the most, tumbling more than 6.5%. Breadth was weak and volume was heavy heading into the weekend. On the New York Stock Exchange 4.44 billion shares changed hands, as decliners toppled advancers by an 8-to-3 margin. Volume on the Nasdaq reached 2.95 billion shares, with losers beating winners 2 to 1.

Tech Stocks Plunge Again

Sun, 11 Nov 2007 23:35:05 PST

Stocks in the U.S. fell hard again Friday as increased loan losses at Wachovia and a weak quarter from Qualcomm weighed on sentiment and had the major averages in the red...

Asian Stocks Decline as Subprime Losses Widen, Yen Strengthens

Sun, 11 Nov 2007 22:31:18 PST

Asian stocks tumbled, sending a regional index to its biggest drop in three months, on speculation HSBC Holdings Plc and other banks will report increased losses related...

Cuomo Probe Shakes Wall Street

Wed, 07 Nov 2007 23:46:18 PST

New York Attorney General Andrew Cuomo may have been aiming his latest legal salvo squarely at big players in the mortgage biz, but it was the broader stock market that...

Stocks Get Roughed Up, The Dow falls 360 points, and the Nasdaq plunges by 76

Wed, 07 Nov 2007 22:44:38 PST

Troubling comments from a Federal Reserve official, weak earnings and a plummeting dollar pushed stocks in the U.S. deep into the red Wednesday.

Asian Stocks Slide on Subprime Concerns; Mitsubishi UFJ Falls

Sun, 04 Nov 2007 23:44:26 PST

Asian stocks fell, led by banks, after Citigroup Inc. said it will increase writedowns on subprime-linked investments by as much as $11 billion. Mitsubishi UFJ Financial...

mona_moolah writes "Experts believe markets across Europe will be under intense pressure in early..."

Sun, 04 Nov 2007 23:40:30 PST

Experts believe markets across Europe will be under intense pressure in early trading on Monday as traders digest the scale of the crisis in the US banking sector. The FTSE 100 index in London lost ground on Friday as concerns about leading British banks and their sub-prime exposure sent the market down. All eyes will also be on the US markets when they open on Monday amid fears that other US banks are sitting on huge losses and the credit crisis may still get worse. The benchmark Dow Jones index made gains on Friday after positive employment data but trading has been highly volatile in the last few months as the lending crisis has worsened.

Bank worries haunt global markets

Sun, 04 Nov 2007 23:38:15 PST

World stock markets are braced for heavy falls after confidence in the US banking sector was dented further by the resignation of Citigroup's boss.

Tech Stocks Bounce Back

Fri, 12 Oct 2007 15:42:42 PDT

Tech stocks rebounded and led the broader market higher Friday as traders put the previous day's losses behind them. The Nasdaq Composite rose 33.48 points, or 1.21%, to...

Dow Takes a Step Back

Thu, 11 Oct 2007 00:31:45 PDT

Blue-chip stocks ended lower Wednesday as selloffs in the financial and transportation sectors pulled the Dow Jones Industrial Average and the S&P 500 back from their...

Fed Gives Stocks a Lift

Tue, 09 Oct 2007 22:40:36 PDT

Hopes that the Federal Reserve will continue to slice interest rates in order to spur economic activity lifted both the Dow Jones Industrial Average and the S&P 500 to...

U.S. stocks rally to new heights on Fed minutes

Tue, 09 Oct 2007 22:37:44 PDT

U.S. stocks rallied, with the Dow Jones Industrial Average and the S&P 500 both closing at new highs, after the release of Federal Reserve commentary that reinforced...

Wall Street Soars

Mon, 01 Oct 2007 13:27:28 PDT

Stocks in the U.S. started the fourth quarter with big gains Monday, as traders shook off news from banking giants Citigroup and UBS that the late summer credit market...

U.S. Stocks Gain, Sending Dow Average to Record

Mon, 01 Oct 2007 13:22:26 PDT

U.S. stocks rallied, sending the Dow Jones Industrial Average to a record, as investors speculated the worst may be over for banks and construction companies hurt by...

What a Week: Balky Bulls

Sun, 06 May 2007 10:59:04 PDT

Bulls found themselves swimming in a sea of joy this week as (mostly) upbeat economic, earnings and M&A news helped secure more milestones for stock proxies. But even...

Bulls Go on the Offensive

Wed, 07 Mar 2007 00:34:14 PST

Tuesday's bounce makes a lot of sense from a technical perspective. But proof of whether or not it's a "dead cat bounce" or the start of a true rebound won't come until...

Dow Ends Up 157 on Overseas Gains

Wed, 07 Mar 2007 00:27:22 PST

Wall Street rebounded Tuesday as investors were encouraged by a recovery on world markets and moved to recoup some of the big losses suffered in last week's sharp...

Talk Is Cheap and Has a Price

Fri, 02 Mar 2007 02:12:12 PST

Commentary: Stocks are headed for a fall

Thu, 22 Feb 2007 19:58:29 PST

Market wise, equities are in the midst of the second-longest rally since 1929.

Dow hits new high ... again

Wed, 21 Feb 2007 00:16:11 PST

The Dow ended at a record high Tuesday for the second straight session, as investors welcomed a merger in the satellite radio industry, strength in retail and gains in...

Dow Finishes Up 23, Nasdaq Finishes Up 9

Thu, 15 Feb 2007 14:17:52 PST

Wall Street extended its February rally Thursday, growing confident that interest rates will hold steady even as Federal Reserve Chairman Ben Bernanke tempered his...

Dow Claws Way to Record

Thu, 15 Feb 2007 14:06:46 PST

Stocks extended their rally to a third session Thursday as an abundance of benign economic data and rate-friendly comments from the Federal Reserve chairman quashed any...

Dow Climbs to Another New Record

Fri, 02 Feb 2007 11:06:23 PST

Stocks finished higher Thursday, and the Dow hit a second straight all-time closing high, as mostly solid economic and earnings news helped counter disappointment over...

Wall Street Lower on Economic Reports

Fri, 26 Jan 2007 08:36:15 PST

Wall Street turned lower Friday after a pair of reports indicated the economy is growing at a faster-than-anticipated pace, raising the likelihood that the Federal...

New Home Sales Plunge by Largest Amount in 16 Years

Fri, 26 Jan 2007 08:33:42 PST

Sales of new homes plunged in 2006 by the largest amount in 16 years as the nation's housing industry suffered through a sharp contraction after five boom years.

Upgrades Fail to Lift Apple

Thu, 18 Jan 2007 14:45:30 PST

Apple shares slumped early Thursday despite a raft of Wall Street upgrades prompted by Wednesday evening's first-quarter earnings blowout. The Cupertino, Calif., tech...

Tech Sector Tumbles Again

Thu, 18 Jan 2007 14:40:43 PST

Wall Street stumbled Thursday amid a flood of economic data and a selloff in Apple that weighed heavily on tech stocks. The Dow Jones Industrial Average fell 9.22...

Interest Rate Worries Send Stocks Lower

Thu, 18 Jan 2007 14:35:26 PST

Wall Street retreated Thursday, falling amid vanishing hopes for an interest rate cut and an unimpressive forecast from Apple Inc. that muted investors' enthusiasm for...

Managers Want Buybacks, Dividends

Thu, 18 Jan 2007 14:19:32 PST

Mutual fund managers want their cash a little colder and harder these days.

Intel Takes Down Tech Sector

Wed, 17 Jan 2007 14:27:31 PST

A selloff in shares of Intel dragged the tech sector lower Wednesday, while strength in energy and mining stocks minimized the losses for blue chips. The Dow Jones...

New High for Dow Industrials

Tue, 16 Jan 2007 14:38:16 PST

Stocks were sluggish for much of the session and closed narrowly mixed Tuesday, but for the Dow Jones Industrial Average it was another record finish. The Dow rose 26.51...

Bulls Back for More

Sat, 13 Jan 2007 00:25:07 PST

For the Dow Jones Industrial Average, it was another record finish, its 24th since October. The Dow gained 41.10 points, or 0.33%, to 12,556.08, and the S&P 500 added...