After two straight sessions closing above 10,000, the Dow Jones industrial average fell 67 points, or 0.7 percent, to close under the level that has long been a psychological milestone for investors. The first part of the week had been very positive for investors, but General Electric and Bank of America’s disappointing quarterly results were enough to keep investors at bay.
The S&P 500 index fell 9 points, or 0.8 percent, while the Nasdaq composite fell 16 points, or 0.8 percent, signaling a disappointing end to a promising week, one that saw stocks rise to year-high levels, and then some.
Analysts say …read more

Wall Street didn’t have a very good Monday. In fact, stock indexes were hit harder than they’ve been hit in the last month and a half. The reason? Investors are worried about the lack of growth in consumer spending.
One of the leading culprits for lowering the confident in consumer spending was Lowe’s. The home improvement giant released a second quarter report on Monday that came in low on both profit and revenue. As a result, Lowe’s stock dropped more than 10% and soured many investors.
Most stock indexes were down between two and three percent. The Dow Jones industrial average was …read more

Many investors were waiting for the Federal Reserve to weigh in on the current economic climate of the United States. After the Federal Reserve said that the nation’s economy is leveling out, that news was good enough to cause stocks to jump on Wednesday.
While the Federal Reserve “leveling out” comment doesn’t sound like high praise, it was actually about as good as could have been expecting. Many market experts thought that it was possible that the Federal Reserve could still say the U.S. is still looking for the bottom of the current economic hardship.
The major stock indexes were up between …read more

On Friday, the stock market showed more signs of improvement. With the stock indexes all on the rise, it is apparent that investors are really starting to feel confident.
The Dow Jones industrial average was up to 9,370.1 — a jump of more than 1%. The Nasdaq index was up almost 1.5% to finish Friday over, 2,000. The Standard & Poor’s 500 was up 1.3% to finish the week at 1,010.5. The best news was seen on the Russell 2000, which rose to 572.4 — a jump of more than 2.5%.
The most common reason given for the improvement on the stock …read more

For the first time since the beginning few weeks of 2009, the Dow Jones industrial average closed at higher than 9,00. When Thursday’s trading session was over, the Dow Jones industrial average was at about 9,069.30.
To reach that mark, the Dow Jones industrial average rose more than 2%. Other indexes showed similar improvement. The S&P’s 500 was up about 2.3% to finish Thursday at 976.30. The Nasdaq index was up to 1,973.60 on 2.5% growth, while the Russell 2000 jumped more than 3% to finish at 545.85.
Most market experts point to the positive United States housing market numbers as the …read more

The stock market didn’t have a good day on Thursday. Almost every major index was down. Investors obviously felt uneasy and it showed in the indexes.
The Dow Jones industrial average fell about 2.6% to finish at 8,280.7. The S&P’s 500 dropped 2.9% to land at 896.4. The Russell 2000 was down almost 4% to 497.2, while the Nasdaq index was down 2.7% and finished at 1,796.5.
Why did the stock market suffer? Many experts are pointing squarely at the unemployment numbers. The United States Labor Department said that more than 465,000 jobs were lose in the month of June. With experts …read more

The rally on Wall Street seems to have hit a bit of a lull. On Monday, stocks took a big hit. In fact, the Dow Jones industrial average took its biggest hit in nearly two months.
When all was said and done, the Dow Jones fell to 8,612.1 — a drop of more than 2%. The Nasdaq composite index was down 2.3%, while the S&P’s 500 index dropped 2.4%. The Russell 2000 index, which takes a broad look on the market, was down almost 3%.
The struggles in the United States weren’t too big of a surprise, especially after Europe and Asia …read more

For the fourth straight day, the stock market finished the day in the positive. However, compared to the previous three days, Tuesday’s gains were minimal.
While strong news from the national housing industry helped some stocks, a number of financial institutions saw their stock prices drop substantially. For example, Goldman Sachs fell $1.20, American Express dropped nearly $1.30 and JP Morgan was down by more than $1.60.
Overall, the stock indexes showed that the market moved in the right direction. The Dow Jones industrial average was up 0.2% to finish Tuesday at 8.740.9. The S&P’s 500 was also up 0.2%, while the …read more

On Friday on the stock market, the heavy action waited until late in the day. With the week and the month coming to an end, the stock market rose nicely. As a result, the stock market was up both on the day and for the month of May.
For the day, the Dow Jones jumped 1.2% to finish at 8,500.3. The Nasdaq was up 1.3% to 1,774.3, while the S&P’s 500 jumped 1.4% to end the day at 919.1. An index of smaller public companies, called the Russell 2000, was up nearly 2% to 501.6.
While May was a good month for …read more

A few weeks ago, the stock market was rising on a daily basis. Since then, it’s been up and down. Many market experts think that investors are a bit nervous because there is sentiment that there has been too much good news in a short amount of time. On Thursday, there was more evidence of fear and nervousness on Wall Street.
The Dow Jones industrial average was down 1.5% on Thursday to finish the day at 8,292.1. The Nasdaq index was down nearly 2% to finish at 32.6, while the S&P’s 500 fell to 888.2 after a 1.7% drop. A fourth …read more