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What Pullback? S&P 500 Climbs To Fresh Highs

Stock Market

The Federal Reserve says it may start dialing back asset purchases this summer, but Wall Street doesn't seem worried Wednesday with stocks flying Wednesday and driving the major averages to fresh nominal highs.


Wall Street still dark, exchanges test systems

With large portions of lower Manhattan still dark early Tuesday, U.S. stock exchanges said they were testing contingency plans to ensure trading resumes as soon as possible this week after Hurricane Sandy smashed into the East Coast.
U.S. markets will be closed for a second day, but the New York Stock Exchange said that despite reports that its historic trading floor suffered irreparable damage, no such damage has occurred and that contingency plans are being tested only as a safety measure.


Stocks jump following expansion in manufacturing


Stocks got a boost on Wall Street from positive economic news on Monday. The Dow Jones industrial average rose 135 points to 13,572 in the first hour of trading. The market was already higher in the opening minutes of trading, then jumped at 10 a.m. after the Institute for Supply Management reported that U.S. manufacturing grew in September for the first time in four months.


Judge temporarily blocks Stock Act

A federal judge Thursday temporarily blocked the government from enforcing a new insider trading law that would require about 28,000 executive branch employees to disclose details of their financial transactions on the Internet.


Stocks soar on surprisingly strong July job report


Stocks are surging on Wall Street, breaking a four-day losing streak, after the government reported a sharp pickup in hiring by U.S. employers in July. The Dow Jones industrial average shot up 244 points to 13,123 shortly before noon. The broader Standard & Poor's 500 index rose 28 points to 1,393, and the Nasdaq composite added 62 points to 2,972.

Senh: July's job report has a fan: the stock market.


Dow closes up 278 points on last day of second quarter

Dow Jones

News that European leaders will take action aimed at quelling the debt crisis that has been plaguing the continent for more than two years unleashed a global rally that sent U.S. markets roaring more than 2% higher. However, Wall Street still capped the second quarter in the red.


Weakness in China, turmoil in Europe hobble world markets

World Markets

Concerns over a slowdown in the world's biggest economies hit world markets on Friday, with weak indicators out of China and Europe's financial turmoil unsettling investors ahead of a crucial U.S. jobs report.


Slumping Wall Street keeps an eye on earnings

After suffering their worst two weeks of the year, stocks will look to quarterly earnings to determine whether the recent pullback has been exhausted or more losses are justified.


Stocks slide in reaction to hiring slump in March

Stocks are pulling back sharply on Wall Street as investors get their first chance to react to a slowdown in hiring in the United States in March. The Dow Jones industrial average dropped 152 points to 12,908 shortly before noon Monday. The Standard & Poor's 500 index was off 18 at 1,380, and the Nasdaq composite lost 36 points to 3,044.


Stocks suffer worst slump of the year

Wall Street took a drubbing Wednesday as investors worried that the Federal Reserve might not be willing to pump more money into the U.S. economy.


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