S&P Record a Real Achievement, But Pullback Possible
The Dow and the Nasdaq edged higher last week, but the S&P 500 stole the show: It gained 0.8% and ended the week at a record high for the first time in five-and-a-half years.
S and P 500
Dow Ends at a Record Again, S&P in 7th Straight Gain
Wall Street rose modestly on Monday, lifting the Dow to another record and giving the S&P 500 its seventh straight advance as early weakness enticed buyers. The gains briefly lifted the benchmark S&P 500 index to its highest intraday level since October 2007.
Signs of Firm U.S. Recovery Trigger Market Gains; Dow Around 14,000
Evidence that the U.S. economic recovery is firmly on track drove markets higher on Friday, adding to the cheer from good economic indicators out of Europe. The Dow traded momentarily above 14,000 for the first time since October 2007.
Pfizer Earnings Help Lift Stocks, Pushing Dow Toward 14,000
Pfizer helped keep the stock market rally alive Tuesday. The drugmaker's stock gained after posting strong earnings, pushing the Dow closer to 14,000. The Standard and Poor's 500 also rose, adding eight points to 1,507.84 points. The Nasdaq composite dropped less than a point to 3,153.66.
S&P 500 Index Closes at a Five-Year High
The S&P 500 closed at 1,466 Friday, the highest since Dec. 31, 2007, before the financial crisis. That's a gain of seven points on the day.
Stocks Fall Sharply; Investors Fret About 'Cliff'
The Dow Jones industrial average is ending the day down 185 points at 12,570. The Standard & Poor's 500 index is down 19 at 1,355. The Nasdaq composite index is closing down 37 at 2,846.
Wall Street Watch this Week: A Bummer Earnings Season Begins
Earnings season is here, and that's not necessarily a good thing. The profitability of all S&P 500 companies is expected to post its first year-over-year decline in nearly three years. Even information technology, a perceived bright spot, is struggling (excepting Apple).
Stock Market Has Its Worst Week Since June
Stocks closed out their worst week since June after investors looked over third-quarter corporate earnings reports and decided there wasn't much to get excited about.
Stocks Soar After ECB Unveils Bond Buying Effort
The last time the stock market was this high, the Great Recession was turning a month old, and stocks were pointed toward a headlong descent. But on Thursday, the market moved swiftly in the other direction.
Stocks Open Above 4-Year Closing Highs
Major stock indexes inched above four-year closing highs in early trading Tuesday. The Dow Jones industrial average was up 50 points at 13,321 shortly after 11 a.m. EDT. The broader Standard & Poor's 500 index rose six points to 1,424.
The Least Loved Day is Also the Market's Worst
Monday is the only day the stock market is more likely to fall than to rise. The Dow Jones industrial average has been down 10 of the past 11 Mondays. And the two worst days in market history are both known as Black Monday.
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.
Sell in May and Go Away: Stocks Close Dismal Month
With a disappointing finish on Thursday, the stock market closed what was by some measures its worst month in two years. Over five dismal weeks, Facebook fizzled, a debt crisis in Europe loomed, and nobody was in the mood to buy.
Market Goes Absolutely Nowhere in 3 Years
This week, the S&P 500 hit the same level that it did exactly three years earlier -- down to the last two decimal places. What can this fact tell us about the last three years of market history, and what lessons might be gleaned for investors?
Q4 Predictions: Kindle on Fire, iPhone 5 a HIt
The final quarter of 2011 promises to be just as exciting -- and frustrating -- as the first nine months of the year have been for Wall Street. This analyst is unafraid to go out on a limb and make a few bold calls, so let's go over four of the biggest developments that will play out over the next three months.