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Technology shares led stocks higher today as more relief in the oil price market and some company-specific news fueled a modest rally. The Nasdaq was the strongest performer on the day, gaining 26.71, or 1.31 percent, to close at 2,061.27, its highest level since April. The Dow was up 84.36 points, ...
The Federal Reserve Board met most expectations today by raising a key interest rate another quarter point, a decision that seemed to push stocks slightly lower on Wall Street. Stocks were mixed heading into the Fed's midday decision to hike the overnight rate from 1.75 to 2 percent. The move had be...
Stocks tread water for the second straight day today as investors remain cautious ahead of tomorrow's meeting of the Federal Reserve Board, where the future path of interest rate hikes are expected to be laid out. The major averages were mixed but all closed within 5 points of where they began the s...
U.S. stocks ended the trading day almost right where they began today, as investors took a breather after a strong run-up in the markets last week. The three major averages finished mix, but with little change. The Dow gained 3.77 points, or 0.04 percent, to close at 10,391.31. The Nasdaq was up 0.3...
Stock markets picked up today where they left off yesterday, extending a post-election rally on a sharp drop in oil prices. The Dow gained 177.71 points, or 1.75 percent, to close at 10,314.76. In the two days since the re-election of President Bush, the Dow has posted a gain of 278 points. The S&am...
Stocks roared out of the gate today as investors cheered the relatively quick resolution to the presidential election and -- in some sectors -- the investor-friendly victor. Despite a late-day sell-off prompted by a rebound in crude oil prices, the Dow posted triple-digit gains, and all three stock ...
Election Day jitters reached Wall Street today as the markets finished mixed, giving up sizeable gains as investors moved to hedge their bets in the face of a too-close-to-call election. The Dow finished lower by 18.66 points, or 0.19 percent, at 10,035.73. The Nasdaq gained 4.92, or 0.25 percent, t...
A report showing the U.S. economy continuing to expand failed to spark a rally in stocks today as shares closed out a strong week with a mixed session. The Dow managed to add to the week's gains, tacking on 22.93 points, or 0.23 percent, to end the week at 10,027.47. The Nasdaq lost a little ground,...
U.S. stocks narrowly managed to post their third straight day of gains today amid continued relief in oil prices. The Dow followed up back-to-back triple-digit gains with a much more modest showing, gaining 2.51 points, or 0.03 percent, to finish at 10,004.54. The Nasdaq tacked on 5.75 points, or 0....
With oil prices dropping, stocks rocketed to their second consecutive day of sizeable gains today, with the Dow again posting triple-digit gains and the Nasdaq turning in the day's best overall performance. The Dow, which gained more than 130 points yesterday, followed it up with a gain of 113.55 po...
Blue Chip stocks roared to sizeable gains today, as investors set aside the worst reading on consumer confidence since the spring to focus on better prospects for the insurance sector. The Dow gained 138.49 points, or 1.4 percent, to finish at 9,888.48. Most of the gain was attributable to jumps in ...
An ease in oil prices gave U.S. stock markets some midday momentum, but earnings worries weighed late in the session, and stocks closed lower as a result. Shares seesawed most of the day, with earnings news driving prices down in early trading and then a plunge in oil prices helping to drive them hi...
Stocks were routed on Wall Street today to close out the week, with all major averages losing ground and the Dow Jones Industrial Average hitting its lowest levels for the calendar year during the session. The Dow tumbled 107.95 points, or 1.09 percent, to close at 9,757.81, just a few points above ...
Technology shares rose again today on Wall Street but the Dow was dragged down by lackluster earnings news. The Dow lost 21.17 points, or 0.21 percent, to close at 9,865.76. The Nasdaq was higher by more than a full percentage point, however, gaining 20.65 points to 1,953.62. The S&P rode the Na...
Qwest Communications announced today that it has agreed to a $US250 million settlement with the U.S. Securities and Exchange Commission. The deal concludes a two-and-a-half year investigation of the company for alleged fraudulent accounting practices by former executives that resulted in the imprope...
Stocks ended trading today with mixed results as a surge by the microchip sector boosted tech shares and the Dow slumped on persistently high oil prices and some slack earnings news. The Dow lost 10.69, or 0.11 percent, to close at 9,886.93, while the Nasdaq gained 10.07, a half a percentage point, ...
Stock markets drifted lower today after a government report showed the first signs of inflation in some time were visible in the U.S. economy last month. The Dow fell 58.70 points, or 0.59 percent, to 9,897.62, the Nasdaq lost 13.62, or 0.70 percent, to finish at 1,922.90. The S&P 500 fell 10.79...
Stocks posted measured gains today to close out the week on Wall Street, after a strong retail sales report and reassuring comments from Federal Reserve Chairman Alan Greenspan about the impact of oil prices on the U.S. economy. The Dow gained 38.93 points, or 0.39 percent, to finish the week at 9,9...
Markets tumbled today after two reports bore bad news for the U.S. economy and oil prices again soared to record highs. The Labor Department reported that weekly jobless claims rose by 15,000 last week to 352,000 and said the four-week moving average of claims had also reached a seven-month high. Se...
Worries over the latest spike in oil prices and weakness in some key stocks overcame any optimism fueled by strong earnings from companies as varied as Intel and McDonalds today as stocks traded lower across the board. Blue chips took the hardest hit, with the Dow falling 74.85 points to 10,002.33. ...
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