Search

Stock markets dropped sharply today as oil prices hit fresh highs and General Motors issued an outlook well below expectations. With GM weighing, the Dow was the hardest hit of the major indices, losing 112.03 points, or 1.04 percent, to close at 10,633.07. The blue chip index has lost more than 300...

Stocks gave up more ground today amid lingering inflation worries and concern about the apparent discovery of anthrax in some government mail rooms in Washington, D.C. The Dow Jones industrial average lost 59.41, or 0.6 percent, to close at 10,745.10. The Nasdaq shed 16.06 points, or 0.8 percent, to...

Amid a flurry of business headlines, stocks posted modest gains today after the largest member of the OPEC oil cartel said the group should consider boosting output in order to keep prices at reasonable levels. Oil prices, which hovered near record levels last week, have been a drag on financial mar...

Higher oil prices and a near-record trade deficit combined to spark a Wall Street sell-off heading into the weekend. The Dow lost 77.15 points, or 0.71 percent today to end the week at 10,774.36. After coming within 30 points of breaking the 11,000 barrier to start the week, the Dow was off 1.52 per...

Stock markets were mixed today as investors bought up the blue chips but were more cautious on tech shares ahead of a key update from Intel. The Dow rose 45.89, or 0.42 percent, to 10,851.51. The Standard & Poor's 500 index was also higher, moving up by 2.24 points, or 0.19 percent, to close at ...

Stocks lost more ground today, as oil prices and inflation worries overshadowed a report from the Federal Reserve showing many signs of steady economic growth. The Dow tumbled 107 points, or 0.98 percent, to close at 10,805.62. The Nasdaq was also down, losing 12.26 points, or 0.59 percent, to finis...

Another jump in oil prices and a lackluster outlook from a key semiconductor firm sent stocks into negative territory today. The Dow lost 24.24 points, or 0.22 percent, to 10,912.62. The Nasdaq lost 16.66, or 0.8 percent, to 2,073.55 and the S&P 500 index fell 5.88, or 0.5 percent, to close at 1...

Stocks ended mixed today after the Dow fell short in a bid to crack the 11,000 barrier, with tech shares outperforming their blue chip counterparts. The Dow ended down 3.69 points, or 0.03 percent to 10,936.86. The Nasdaq was up 19.60 points, or 0.95 percent, to 2,090.21. The S&P 500 also finish...

A surge in job growth in February helped spark a rally on Wall Street today that pushed the Dow Jones industrial average and the S&P to their highest closing prices in more than three years. The February jobs report from the Labor Department showed the country added 262,000 positions last month,...

Dueling forces battled it out on Wall Street today, with persistently higher oil prices approaching record levels and stronger-than-expected retail sales leaving markets mixed. The Dow rose 21.06 points, or 0.19 percent, to 10,833.03. The S&P 500 was also higher, rising 0.39 points, or 0.03 perc...

Stocks lost ground today as oil prices surged higher, deflating any optimism resulting from largely upbeat comments made to Congress by Federal Reserve Chairman Alan Greenspan. A day after falling back before breaking the US$52 per barrel level, oil futures roared higher, finishing up $1.37 to $53.0...

Stocks traded higher today as oil failed to break through a key psychological barrier, at least for now. Oil futures have marched steadily higher and appeared poised to move above US$52 per barrel, sparking concern that fuel costs would stoke inflation. However, futures traded slightly lower instead...

Stocks ended a three-day rally today with stiff losses as some investors were seen taking profits with the closing of books for February and with inflation worries persisting. Fears of immediate inflation had largely been doused by last week's consumer price index, which showed that price jumps seen...

A better-than-expected report on U.S. economic growth late in 2004 spurred stocks to their third straight day of gains, a rally that helped wipe out stiff losses suffered at the start of a holiday-shortened trading week. The Dow today gained 92.81 points, or 0.86 percent, to finish at 10,841.60. The...

Stock markets today rebounded from yesterday's brutal session after a report showed that prices at the consumer level have yet to present any significant signs of inflation. The Dow made back about a third of the losses it suffered yesterday, rising 62.59 points or 0.59 percent, to 10,673.79. Tech s...

A sudden surge in oil prices and a slip in consumer confidence fueled a dramatic sell-off on Wall Street today as investors returning from a long weekend drove the Dow to its worst session in more than five months. The Dow lost 174.02 points, or 1.61 percent, to fall to 10,611.20. The Nasdaq tumbled...

Stocks ended mixed today, capping an up-and-down week as new data that renewed concerns about inflation muted gains in blue chip stocks and kept techs in the red. The Dow finished at 10,785.22, up 30.96 points, or 0.29 percent, for the session. The Dow was down 0.1 percent for the week, ending a thr...

Stocks ended sharply lower today, despite continued good news on the jobs front, as geopolitical concerns prompted some investors to lock in recent gains. The Dow shed 80.62 points, or 0.74 percent, to finish at 10,754.26. The drop came two days after the Dow hit a high for 2005 on Tuesday. On a per...

Stocks held the line today after comments from Federal Reserve Chairman Alan Greenspan that seem to suggest more interest rate hikes are in the offing. Greenspan told Congress that the economy was performing well and that a significant slowdown was unlikely. That, and Greenspan's comments that inter...

The latest salvo in the merger and acquisition boom along with some economic data that turned out better than expected helped lift stocks today. Markets moved higher early after Circuit City revealed it was the target of a US$3.5 billion takeover bid from private investment firm Highfields Capital M...