Post @ January 3, 2009 # No Comment Yet
U.S. stocks last week advanced the most since November after fewer Americans filed for jobless claims and oil’s biggest weekly increase in two decades lifted energy stocks.
Post @ December 31, 2008 # No Comment Yet
NEW YORK, Dec. 31 — The last trading day of 2008 provided a merciful end to an abysmal year — the worst since the Great Depression, wiping out $6.9 trillion — six years of gains — in U.S. stock market wealth.
Post @ December 27, 2008 # No Comment Yet
U.S. stocks fell, sending the Dow Jones industrial average to its fourth straight weekly retreat, after profit outlooks weakened, home prices plunged and the government confirmed that the economy shrank the most since 2001.
Madlen Read @ December 24, 2008 # No Comment Yet
NEW YORK, Dec. 24 — Wall Street rose modestly in light holiday trading Wednesday after the government released downbeat, but unsurprising readings on rising U.S. joblessness and declining consumer spending.
Post @ December 23, 2008 # No Comment Yet
Wall Street pulled back again yesterday in muted trading ahead of the holiday, as another round of reports showed further deterioration in the housing market and broader economy.
Post @ December 20, 2008 # No Comment Yet
U.S. stocks rose, posting the first back-to-back weekly gains in three months, as the Federal Reserve reduced interest rates to a record low and President Bush granted emergency government loans to General Motors and Chrysler.
Post @ December 13, 2008 # No Comment Yet
U.S. stocks gained last week as a record jump in commodities lifted energy and metal companies and technology stocks advanced on the prospect that President-elect Barack Obama’s spending proposal will revive economic growth.
Post @ December 6, 2008 # No Comment Yet
U.S. stocks fell for the fourth week out of the last five as the worsening job market and oil’s decline to a four-year low bolstered concern the recession is deepening.
Post @ December 1, 2008 # No Comment Yet
NEW YORK, Dec. 1 — The stock market on Monday suffered one of its worst days since the financial meltdown began, slicing 680 points off the Dow Jones industrial average as Wall Street snapped out of its daydream of a rally and once again faced the harsh reality of a recession.
Post @ November 29, 2008 # No Comment Yet
U.S. stocks staged the biggest weekly rally in more than 30 years after the government agreed to protect Citigroup from more losses and automakers weighed cutting costs to win government aid.