Why Bad News Makes the Stock Market Happy
For now, bad news is good for the stock market. Investors judged that the latest weak economic reports will make it more likely that the Fed will keep stimulating the economy
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Stocks Weaken After Manufacturing Growth Slows
Stocks were slipping on Wall Street Monday morning after an industry group reported that U.S. manufacturing growth cooled in March and was weaker than economists had forecast.
Midday Report: Is the Stock Market Due for a Correction?
U.S. stocks spiraled downward in a late-day frenzied sell-off Monday. European markets followed their cue and sold off sharply early Tuesday. CNNMoney's Fear & Greed Index tumbled into neutral -- a level it hasn't touched in two months. Wall Street asks: Is a stock market correction coming?
Stocks Inch Lower; S&P 500 Slips From 5-Year High
Stocks edged lower on Wall Street Friday, pulling the Standard & Poor's 500 index below a five-year high reached the day before. The S&P 500 fell two points to 1,470 as of noon Eastern. It closed at 1,472 Thursday, its highest level since December 2007. The Dow Jones industrial average fell a point to 13,469. The Nasdaq composite index dropped three points to 3,119.
Stocks Shoot Higher on 3rd Quarter Profits; Mattel Jumps
Inflation is low, earnings are high, investors are happy. Stocks shot higher Tuesday, giving the market its biggest gain in a month. Results at Mattel, Goldman Sachs, and Johnson & Johnson were all above expectations.
Stocks Slide from Near 5-Year Highs, and Investors Wait for Earnings
Stocks slumped Tuesday on Wall Street after the International Monetary Fund predicted weaker world economic growth and as investors waited for what they expected to be lower corporate earnings.
S&P Closes Over 1,400 for First Time in 3 Months
It's been a day of milestones for the stock market. Stronger corporate earnings reports and expectations that central banks will act to support the economy powered the Standard & Poor's 500 index past 1,400 for the first time in three months.
Stock Market Cuts Its Losses with a Late Rally
A late recovery on Wall Street wiped out most of the stock market's losses Thursday, leaving the Dow Jones industrial average down just 25 points. The Dow had been down as much as 177 points but came back sharply at the end of the day.
U.S. Employers Added Just 69,000 Jobs in May, Fewest in a Year
U.S. employers created only 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs data will fan fears that the economy is sputtering. But it could lead the Fed to take further steps to help it.