dow jones

Markets Rise as Alcoa Sees Stronger Demand

World stock markets rose Wednesday after the fourth-quarter earnings season got off to a positive start in the U.S. with aluminum giant Alcoa forecasting higher demand for 2013. Demand for aluminum has been hurt by the weak global economy, but Alcoa predicted a 7 percent increase in demand this year, slightly better than the 6 percent increase in 2012.

'Cliff' Deal Sends Stocks Up, But Problems Lurk

The "fiscal cliff" compromise, even with all its chaos, controversy and unresolved questions, was enough to send the stock market shooting higher Wednesday, the first trading day of the new year.

Stocks Shoot Up as Investors Bet on 'Cliff' Deal

The stock market shot higher on Monday even as the "fiscal cliff" neared. By the time trading ended, Republicans and Democrats still hadn't reached a budget compromise %u2014- but investors were betting that they would.

Stocks Whipsawed by 'Fiscal Cliff' Talks, End Flat

The stock market erased most of an early loss in late trading after Republicans said they would reconvene the House of Representatives Sunday in hopes of piecing together a last-minute budget deal. Still the Dow closed down 18 points for its fourth straight loss.

Stocks Open Sharply Lower After GOP Cancels Vote

Stocks opened sharply lower Friday on Wall Street after House Republicans called off a vote on tax rates and left federal budget talks in disarray 10 days before sweeping tax increases and government spending cuts take effect.

Weak Outlooks Doom Dow to Worst Day in 4 Months

U.S. stocks fell on Tuesday, driving the Dow industrials to the biggest drop since June 21, as weak results from index members DuPont and United Technologies showed profit growth is slowing.

Dow Down 205 as Weak Earnings Drag Market Lower

Poor corporate earnings reports are pounding the stock market in a sour end to an otherwise strong week. The Dow Jones industrial average fell more than 200 points for its worst day in four months.

Dow Posts Largest Percentage Drop Since July

Chevron shares dropped 4.2 percent to $112.45 after it said third-quarter profits would be "substantially lower" than the previous quarter, while Alcoa fell 4.6 percent to $8.71 after it posted a quarterly loss. The company cut its outlook for global aluminum demand, citing a slowdown in China.

Dow Has Its Best Close in Nearly 5 Years

Investors, encouraged by a drop in the unemployment rate, sent the Dow Jones Industrial Average to highest level in almost 5 years on Friday. And though the jobs report-inspired rally did not last, the Dow still closed up 34.79 points, at 13610.15, for its best finish since December 2007.

US Stocks Surge After Fed Announces More Help

The Federal Reserve announced a package of aggressive measures to help the economy. And it was just what investors wanted to hear. The Dow Jones industrial average is up 230 points at 13,563. That's a four-year high.

Stocks Fall as Consumer Spending Fails to Impress

Stocks gave ground Thursday as investors were underwhelmed by news of higher consumer spending. By late morning, the Dow Jones industrial average was down 92 points to 13,015. The Standard & Poor's 500 fell 10 to 1,400. The Nasdaq slipped 28 to 3,053.

Fed Officials Weighed Need to Help Economy Further

Federal Reserve officials spoke with increased urgency at their last meeting about the need to provide more help for a weak U.S. economy. Many members felt further support would be needed "fairly soon" unless the economy improved significantly, the minutes of the July 31-Aug. 1 meeting show.

S&P Touches Highest Level Since 2008, Then Falls

The Standard & Poor's 500 index is closing lower after hitting a four-year high. The S&P 500 lost five points to close at 1,413. The index had climbed to 1,426 in morning trading, its highest since May 19, 2008.

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.

Stocks Close Lower for Fifth Day Straight

The Dow Jones industrial average closed lower for the fifth straight day as worries about sluggish economic growth weighed on markets. The Dow ended the day down 49 points at 12,605, after minutes from a Federal Reserve meeting highlighted concerns about the U.S. economy.

Dow Loses 251, Its Second-Biggest Drop of the Year

Investors yanked money out of stocks Thursday after new reports from the U.S. and China pointed to a sharp slowdown in manufacturing. Losses in energy and materials companies led a widespread rout on the stock market.

US Stocks Mixed as European Debt Crisis Festers

Crisis-weary investors scoffed Monday at what had appeared to be a hopeful turn in the European debt crisis: a victory for pro-Europe parties in a Greek election. U.S. stocks were little changed, and borrowing costs for Spain surged to alarming levels.

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.

Dow Breaks 13,000 for First Time Since '08 Crisis

The Dow Jones industrial average crossed 13,000 on Tuesday for the first time since May 2008, when the Lehman Brothers investment bank was solvent, unemployment a healthy 5.4 percent and the worst of the Great Recession months ahead. The milestone came about two hours into the trading day. The stock market got the final push from strong corporate earnings reports and a Greek bailout deal intended to prevent the next financial crisis.

Wall Street Plays a Risky Game, Again

Taking note of the Dow's progress, The Wall Street Journal recently called its performance "eerie ... calm ... too quiet." Indeed, if things keep going at the rate they have been going so far, we're on track for the stock markets to gain more than 50% this year. Dow 18,000, anyone?