Friday, February 05, 2010
Markets, Friday, 02/5/2010
|---------------------------------------------------------------------------|
| Dow : 10012.23 up 10.05 | S & P : 1066.18 up 3.07
|
| NASDAQ: 2141.12 up 15.69 | Bond (10Y): 3.56%, 98.41
|----------------------------------------------------------------------------|
MARKETS:
Stocks claw out a gain after late rally
Major indexes end higher in easing of selling pressure from worries
about European debt and the economic outlook.
Stocks end positive after staging a strong afternoon rally. Earlier, global market fears had sent the Dow 167 points into the red.
Stocks end positive after staging a strong afternoon rally. Earlier,
global market fears had sent the Dow 167 points into the red.
Stocks extend drop as investors react to January jobs report and European debt concerns. Dow tumbles 142 points.
Stocks extend drop as investors react to January jobs report and
European debt concerns. Dow tumbles 142 points.
Crude futures skid nearly 5% to trade below $70 a barrel
Crude futures skid nearly 5% to trade below $70 a barrel
02/05/2010 12:05:28 PM EDT
Jobless rate falls to lowest level since August
JOBLESS RATE FALLS LOWEST LEVEL SINCE AUGUST
The U.S. unemployment rate falls to 9.7% in January from 10% in
December, as 20,000 nonfarm payroll jobs are lost, the government
says.
TOYOTA CHIEF VOICES REGRET OVER ACCELERATOR RECALL
The grandson of the founder of Toyota publicly expresses regret over
the recent massive recall and vows to set up a special quality-control
task force to address the issue.
WHAT CONCERNED TOYOTA OWNERS SHOULD DO NOW
Consumers worried that their Toyotas could be safety nightmares will
need to make plans to get their car into a Toyota dealer at the first
opportunity. But with millions of cars involved in two recalls, the
fixes may require patience on the part of car owners.
TOYOTA'S SHARES RISE; RECALL WOES MOUNT
Some investors chose to focus on the auto maker's improved earnings
and positive outlook, sending the auto giant's shares higher.
TURMOIL FOR TOYOTA TOUCHES MAIN STREET AMERICA
As management in Tokyo rushes to respond to problems regarding sticky
gas pedals and now malfunctioning brakes, thousands of U.S. employees
are keeping close tabs on developments.
Breaking News: January jobless rate drops unexpectedly to 9.7%
The unemployment rate dropped unexpectedly in January to 9.7% from 10%
while employers shed 20,000 jobs.
Stocks open modestly higher after government reports continuing job losses but lower unemployment rate. Dow up 5 points.
Stocks open modestly higher after government reports continuing job
losses but lower unemployment rate. Dow up 5 points.
Thursday, February 04, 2010
Markets, Thursday, 02/4/2010
|---------------------------------------------------------------------------|
| Dow : 10002.18 down 268.37 | S & P : 1063.11 down 34.17 |
| NASDAQ: 2125.43 down 65.48 | Bond (10Y): 3.60%, 98.09
|----------------------------------------------------------------------------|
MARKETS:
Stocks plunge on job and debt woes
Market closes at 3-month lows, with Dow just above 10,000 on worries
about Greek, Spanish and Portuguese debt issues. Jiitters ahead of the
January jobs report also factor.
Breaking News: Stocks tumble; Dow near 10,000 at close
NEW YORK (AP) - The Dow Jones industrials traded below 10,000 on
Thursday for the first time since Nov. 6. According to preliminary
calculations, the Dow ended the day down 268 at 10,002 after falling
to 9,998 just before the close. The Standard & Poor's 500 was down 34
at 1,063. And the Nasdaq composite index is off 65 at 2,125. Stocks
buckled under the weight of news of rising debt levels in Europe and a
jump in the number of Americans filing for unemployment benefits.
Dow industrials fall 271 points, suffering worst point loss since April 20
Dow industrials fall 271 points, suffering worst point loss
since April 20
02/04/2010 04:05:46 PM EDT
Dow below 10,000 at the close for the first time since November on...
Dow below 10,000 at the close for the first time since November on
concerns about jobs and European debt woes.
Breaking News Thu., February 4, 2010
10 Americans Charged With Child Abduction and Conspiracy in Haiti,
Jailed [2:50 p.m. ET]
ECB's Trichet: Greece steps in right direction
ECB'S TRICHET: GREECE STEPS IN RIGHT DIRECTION
The European Central Bank's rate-setting Governing Council votes to
leave the key lending rate for the 16-nation euro zone unchanged at a
record low 1%.
EUROPEAN SHARES LOWER AS DEBT WORRIES WEIGH
Selling in European shares carries over from Wednesday, as worries
about some euro-zone countries' debt levels remain on investors'
minds.
BANK OF ENGLAND PAUSES BOND PURCHASES
Bank of England policymakers calls a halt -- for now -- to the central
bank's 200 billion pound ($319 billion) series of bond purchases,
opting to weigh the impact of so-called quantitative easing on the
British economy.
DOLLAR UP TO 7-MONTH HIGH AFTER JOBLESS CLAIMS
Currency traders digest commentary from the European Central Bank and
Bank of England policy meetings.
NY Attorney General Cuomo levels charges against Bank of America's ex-CEO, Ken Lewis, over Merrill deal.
NY Attorney General Cuomo levels charges against Bank of America's
ex-CEO, Ken Lewis, over Merrill deal.
U.S. formally opens investigation of Toyota Prius hybrids, looking into allegations of brake problems.
U.S. formally opens investigation of Toyota Prius hybrids, looking
into allegations of brake problems.
Wall Street selloff gains steam; Dow plunges more than 120 points within the first 15 minutes of trading. Nasdaq, S&P500 off over 1%.
Wall Street selloff gains steam; Dow plunges more than 120 points
within the first 15 minutes of trading. Nasdaq, S&P500 off over 1%.
Number of people filing for first-time unemployment benefits rose 8,000 to 480,000 last week - more than economists expected.
Number of people filing for first-time unemployment benefits rose
8,000 to 480,000 last week - more than economists expected.
Stocks open lower after unemployment claims surge more than expected. Dow sinks 80 points.
Stocks open lower after unemployment claims surge more than expected.
Dow sinks 80 points.
Wednesday, February 03, 2010
Markets, Wednesday, 02/3/2010
|---------------------------------------------------------------------------|
| Dow : 10270.55 down 26.30 | S & P : 1097.28 down 6.04 |
| NASDAQ: 2190.91 up 0.85 | Bond (10Y): 3.70%, 97.28
|----------------------------------------------------------------------------|
MARKETS:
Stocks struggle after rally
Following a two-session advance, markets lose momentum, with bank and
commodity shares tumbling.
February rally loses steam as stocks slip on concerns about the job market and weakness in bank stocks. Dow closes down 30 points.
February rally loses steam as stocks slip on concerns about the job
market and weakness in bank stocks. Dow closes down 30 points.
U.S. stocks deepen decline on Pfizer, ISM services
U.S STOCKS DEEPEN DECLINE ON PFIZER, ISM SERVICES
U.S. stocks fall Wednesday as health-care stocks lagged after Pfizer
Inc. posted a disappointing earnings outlook and U.S. service-sector
activity increased by less than expected last month.
HONDA'S PROFIT JUMPS ON IMPROVED SALES, COST CUTS
Honda's October-December profit leaps by a factor of six, as
aggressive cost cutting and improved Asian car sales overcome a strong
yen and slumping business in Europe and North America.
TOYOTA'S NEW PROBLEM: PRIUS BRAKE COMPLAINTS
The U.S. National Highway Traffic Safety Administration has reportedly
received more than 100 complaints involving the brakes on the Toyota
Prius hybrid.
TOYOTA'S PIT STOP OPENS THE RACE
Everyone knew the recalls would hurt the company, but its numbers were
worse than expected.
TOYOTA ASIDE, AUTOMAKERS SET TO POST SALES GAINS
Toyota Motor Corp. and its sticky pedals aside, major automakers,
particularly Ford Motor Co., are expected to post on Tuesday an
improvement in January U.S. sales from last year's brutal tally.
Breaking News Tue., February 2, 2010
Iran's Press TV Shows Launch of 3 Satellite Rockets
Private-sector payrolls for January down 22,000, fewest since January 2008
Private-sector payrolls for January down 22,000, fewest since January 2008
02/03/2010 08:16:31 AM EDT
Transportation chief LaHood tells lawmakers that Toyota owners should stop driving cars affected by recall and bring them to dealers.
Transportation chief LaHood tells lawmakers that Toyota owners should
stop driving cars affected by recall and bring them to dealers.
Tuesday, February 02, 2010
Markets, Tuesday, 02/2/2010
|---------------------------------------------------------------------------|
| Dow : 10296.85 up 111.32 | S & P : 1103.32 up 14.14 |
| NASDAQ: 2190.06 up 18.86 | Bond (10Y): 3.64%, 97.81
|----------------------------------------------------------------------------|
MARKETS:
Dow: Triple-digit gain for 2nd day
Investors propel stocks as upbeat corporate news, better-than-expected
home sales and solid auto sales cheer Wall Street.
Stocks rally for the second day on strong auto and home sales. Dow gains 113 points, S&P rises 1.3% and Nasdaq adds 0.9%.
Stocks rally for the second day on strong auto and home sales. Dow
gains 113 points, S&P rises 1.3% and Nasdaq adds 0.9%.
Unemployment expanded in December in the nation's metropolitan areas, with 19 reporting a rate of 15% or higher, government says.
Unemployment expanded in December in the nation's metropolitan areas,
with 19 reporting a rate of 15% or higher, government says.
U.S. stocks gain on improved housing outlook
U.S. STOCKS GAIN ON IMPROVED HOUSING OUTLOOK
U.S. stocks rise Tuesday as better-than-expected pending home sales
and a surprise quarterly profit from builder D.R. Horton boosted
sentiment toward the housing sector, while analysts' ratings upgrades
also provide a lift.
U.K. WON'T PROSECUTE MADOFF SECURITIES
The U.K.'s Serious Fraud Office said Tuesday that it won't take any
action against either Madoff Securities International or the
investment firm's directors following a 13-month investigation.
PENDING HOME SALES UP 1%, RECOVER FROM NOV. PLUNGE
Buyers return to the market for U.S. preowned homes in December after
a federal tax credit gets reinstated, data compiled by the National
Association of Realtors show.
U.S. stock indexes inch upward early Tuesday; Alcoa, H-P, Amex are top blue-chip gainers
U.S. stock indexes inch upward early Tuesday; Alcoa, H-P, Amex are top
blue-chip gainers
02/02/2010 09:43:33 AM EDT
Monday, February 01, 2010
Markets, Monday, 02/1/2010
|---------------------------------------------------------------------------|
| Dow : 10185.53 up 118.20 | S & P : 1089.18 up 15.31 |
| NASDAQ: 2171.20 up 23.85 | Bond (10Y): 3.65%, 97.72
|----------------------------------------------------------------------------|
MARKETS:
Stocks bounce after battering
Wall Street digs out from two-month lows as investors welcome rise in
personal income, manufacturing and Exxon Mobil's results.
Stocks surge Monday on strong personal income and manufacturing reports, and Exxon Mobile profits. Dow closes up 120 points.
Stocks surge Monday on strong personal income and manufacturing
reports, and Exxon Mobile profits. Dow closes up 120 points.
U.S. stocks rebound on oil, manufacturing strength
U.S. STOCKS REBOUND ON OIL, MANUFACTURING STRENGTH
The U.S. stock market climbs Monday, bouncing back from last week's
lows as strong earnings from Exxon Mobil helped lift energy stocks and
a key manufacturing index rose to its highest level in more than five
years.
ISM FACTORY INDEX UP TO HIGHEST LEVEL IN 5 YEARS
The nation's manufacturing firms were growing at a very strong pace in
January, according to a closely followed survey of top executives.
U.S. CONSUMER SPENDING SLOWS IN DECEMBER
Americans increase their spending in December at the slowest pace
since September, allowing their savings rate to drift to the highest
level since June, the Commerce Department estimates.
EXXON MOBIL PROFIT FALLS 23%; REVENUE RISES
The oil giant absorbs a loss in its refining operations and grows its
revenue on higher oil prices, but profit falls to $6.05 billion.
OIL GAINS ON UPBEAT ECONOMIC VIEWS
Crude futures rise after declining last week, as a round of upbeat
global economic reports lifts demand expectations.
Obama sends $3.8 trillion budgbet to Congress
President Barack Obama sends Congress a $3.8 trillion budget blueprint
for fiscal year 2011, proposing to pump billions of dollars into
creating jobs but freezing some government spending in a bold attempt
to hasten a recovery in the U.S. economy.
President Obama unveils $3.8 trillion budget that includes $100 billion in tax breaks and job creating measures.
President Obama unveils $3.8 trillion budget that includes $100
billion in tax breaks and job creating measures.
Sunday, January 31, 2010
Stimulus funded 599,108 jobs in the fourth quarter, the government said late Saturday.
Stimulus funded 599,108 jobs in the fourth quarter, the government
said late Saturday.
