Dow Jones news stories on Newser

Recession Was Great— for Big Business

Matt Cantor — Mon, 09 Apr 2012 09:57:14 CDT

For some of America's biggest companies, the recession amounted to growing pains: They're now "leaner, meaner, and hungrier," says one economist. Indeed, sales, profits, and employment among S&P 500 companies last year beat figures from 2007—before the crisis began, the Wall Street Journal notes in an extensive analysis. Careful...

Dow Passes 13K Mark

Kate Schwartz — Tue, 21 Feb 2012 10:34:45 CST

Huge milestone today: The Dow crossed the 13,000 mark, the first time since before the 2008 financial crisis that it has done so. The last time it made it above that milestone was on May 20, 2008, four months before Lehman Brothers went under. Behind today's bump: the finalized...

Nasdaq Hits 11-Year High; Dow Rises 157

John Johnson — Fri, 03 Feb 2012 15:10:00 CST

Today's rosy jobs report did wonders for the markets. The tech-heavy Nasdaq, in fact, closed at an 11-year high, reports MarketWatch , while the Dow finished at its highest level since May 2008, notes the Wall Street Journal . The numbers: Dow: Up 157, 1.2%, to 12,862 Nasdaq: Up 46,...

Dow Surges 337, Reclaims 12K

Tue, 20 Dec 2011 15:02:26 CST

Encouraging signs out of Europe and a surprisingly strong report on the US housing market drove the Dow Jones industrial average up more than 330 points today. It was the best day for stocks this month. The Spanish government pulled off a successful debt auction, and gauges of business and...

Stocks Jump 400+ on Trio of Good News

Kate Schwartz — Wed, 30 Nov 2011 08:59:38 CST

The market took a major jump at open on the announcement that six central banks were moving to make it easier for European banks to get dollars, with the Dow rising 322 points to 11,877, reports the Wall Street Journal . As of 9:55am, it was up 405 points....

Stocks Plunge on Super Committee Failure

Kevin Spak — Mon, 21 Nov 2011 08:42:05 CST

Stocks plunged at the opening bell today, thanks to the super committee's failure to reach a deal and the ongoing debt crisis in Europe. As of 9:37am, the Dow was down 158 points, while the Nasdaq and S&P were down 40 and 19 points, respectively, as investors bet that...

Spooked by Italy, Dow Falls 228

Kate Schwartz — Wed, 09 Nov 2011 08:56:59 CST

Silvio Berlusconi's promises to resign haven't done much to calm European markets —or Wall Street. The Dow opened sharply lower today on the news that Italian bond yields spiked above 7%, the level that caused Greece, Portugal, and Ireland to seek bailouts; Italy's debt, however, is too big to bail...

Dow Down 253 Thanks to Greece

Kate Schwartz — Tue, 01 Nov 2011 08:51:34 CDT

More not-so-shocking news , though today's variety is a bit more serious and depressing: The Dow sank 253 points at the open, to 11,702, as Greek PM George Papandreou's call for a referendum on his country's bailout terrified European investors and rattled traders stateside. MarketWatch reports that the S&P 500...

Dow Soars 340, May Have Best October Ever

John Johnson — Thu, 27 Oct 2011 15:04:52 CDT

Wall Street had a banner day in the wake of the financial accord in Europe , with banks stocks leading the way: Dow: Up 340 (2.9%) to 12,209; (it had been up more than 400 points in the final hour) Nasdaq: Up 88 (3.3%) to 2,739 S&P...