Back to Mobile View

market


After a rough opening session on Monday, stocks rebounded sharply on Tuesday. The Dow enjoyed a triple-digit gain after oil prices eased and bank shares bounced higher on the possibility of further dividend payouts and share buybacks.
Increasing violence in Libya caused oil prices to rise and stocks to fall 80 points to close at 12,090 on Monday. It didn't help that a Wells Fargo analyst also downgraded the semiconductor industry, sending shares of Intel down by 1.6%.
Last week, oil's ascent trumped a raft of healthy U.S. economic reports. With a relatively light slate of economic data scheduled this week, oil prices and political turmoil in the Middle East could play an even larger role in the trading sessions ahead. [Video]

The first trading day of the month is usually good to equities, but after a two-day respite, stocks went back back to broad-based declines. The sharp rise in oil prices overshadowed some encouraging corporate and economic news.
The market suffered its biggest swoon since August last week as chaos swept Libya and oil prices hit multiyear highs. With the geopolitical landscape uncertain for the foreseeable future, don't be surprised if stocks come under further selling pressure in the days ahead. [Video]

It was a rough (even if short) week on Wall Street. But at least the Dow ended higher after losing more than 300 points in the previous three days. Some month-end bargain-hunting also helped stem the slide. [Video]
Stocks closed broadly if modestly higher Friday on light volume as traders avoided making any big bets ahead of a long holiday weekend. The equity markets closed up for the third straight day and extended their winning ways to a third consecutive week.
Wicked winter weather played havoc with the government's employment situation resulting in an inconclusive jobs report on Friday. Still, stocks ended the week higher. But how much longer can stocks continue to gain?

Stocks fell sharply Friday as investors fled to safety amid disappointing economic data, mixed corporate earnings reports and escalating violence in Egypt. A soft start for equities only got worse as the day progressed. [Video]
Stocks closed sharply higher Monday with the Dow Jones posting a triple-digit gain as technology stocks rallied after Intel raised its dividend and expanded its share buybacks by $10 billion. The index last saw 12,000 in June 2008 -- on the way down.

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.09-0.10
-1.16%
144.54M
ALU
Alcatel-Lucent (ADR)
2.19+0.25
+12.63%
92.86M
PBR
Petroleo Brasileiro S.A. (ADR)
29.64-2.35
-7.35%
23.01M
GE
General Electric Company
18.82-0.32
-1.65%
22.24M

% Gainers

CIE
Cobalt International Energy
32.67 +8.77
+36.69%
11.64M
LNKD
LinkedIn Corp.
89.23 +12.84
+16.81%
7.21M
ALU
Alcatel-Lucent (ADR)
2.19 +0.25
+12.63%
92.86M
WNS
WNS (Holdings) Limited (ADR)
10.56 +1.16
+12.34%
2.63M

% Losers

NBG-A
National Bank of Greece SA (ADR)
5.74-1.01
-14.96%
72,615
KV-A
K V Pharmaceutical Co. Class A
2.22-0.39
-14.94%
914,345
OSG
Overseas Shipholding Group, Inc.
10.26-1.57
-13.27%
1.16M
KV-B
K-V Pharmaceutical Co. Class B
2.29-0.34
-12.93%
2,179
Newswire

Follow Us

Headlines From DailyFinance Partners

CNN Money
CNBC
Smart Money
Consumer Reports
Huffington Post
AOL Energy
AOL Jobs
Business News Personal Finance Investing Our Partners

DailyFinance Sitemap | Terms of Service | Privacy Policy | Trademarks | HELP | Advertise With Us

© Copyright 2012 AOL Inc. All Rights Reserved