U.S. stocks slid on Monday, with the Nasdaq falling 2 percent, after ratings agency Standard & Poor’s cut its long-term outlook on the United States and another step by China to stem growth reignited worries about the global economy. Get the full story »
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Dec. 27, 2010 at 7:02 a.m.
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Filed under: Stocks poised to fall after Chinese rate hike
Stocks are poised to fall in early trading after China moved to raise interest rates over the weekend to combat rising inflation. Get the full story »
IBM rides market upswing to hit all-time high
IBM shares hit an all-time high Monday, with the stock riding a slight market upswing. It rose as high as $139.88 before closing at $139.66, up 81 cents for the day. The previous high was $139.19, reached during the dot-com boom on July 13, 1999. Get the full story »
Dow closes above 11,000 for first time since May
U.S. stocks finished higher Friday, with the Dow closing above the 11,000 mark for the first time in five months, as a surprisingly weak jobs report strengthened the case for more stimulus from the Federal Reserve. Get the full story »
United Continental shares to trade on NYSE
Shares of the new United Continental Holdings Inc. will trade on the New York Stock Exchange under the ticker symbol “UAL,” the two airlines that will become one said Monday.
Fannie Mae and Freddie Mac delist from NYSE
From CNN | Troubled mortgage finance giants Fannie Mae and Freddie Mac said goodbye to the New York Stock Exchange at the end of trade Wednesday. At the market open Thursday, Fannie and Freddie will start trading on the over-the-counter bulletin board — also known as pink sheets — under the symbols “FNMA” and “FMCC.” Get the full story »
Stress tests and retail sales lift the Dow
The Dow climbed 274 points to 10,018 today as investors were encouraged by retail sales in the U.S. and the fact that stress tests are to be done on European banks. Those tests are supposed to show how banks will hold up if they get hit with bad debts from weak European countries such as Greece and Spain.
Stocks dive as second quarter ends
The stock market closed out a painful second quarter Wednesday and left investors with heavy losses and far more doubts about the economy than they had just months ago. Stocks had their worst quarterly performance since the financial crisis. The Standard & Poor’s 500 index, considered by many professional investors to be the best measure of the market’s health, lost 11.9 percent, while the Dow Jones industrial average lost 10 percent.
Stocks plunge around the world
Associated Press | Stocks plunged around the world Tuesday as fears spread that Europe’s
attempt to contain Greece’s
debt crisis would fail. The euro fell to its lowest point against the
dollar in a year.
The Dow Jones industrial average
lost 225 points, its biggest drop in three months. The slide erased a
143-point gain from Monday. The Dow and broader indexes each fell more
than 2 percent. Meanwhile, Treasury prices rose on increased demand for
safe investments.
Get the full story: Stocks plunge around the world.
