Investors tried to hold onto gains from this week as stocks seesawed for a majority of the session. About three stocks rose for every two that fell on the New York Stock Exchange, where volume came to 652.7 million shares. The session started off in red in response to the Fed’s announcement that it is [...]
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Stocks Cling to Gains; Boeing Cuts Workforce Down; Tiger Wood Issues Apology
February 19th, 2010Wall Street Remains Choppy; Bernanke Unveils Plan to Withdraw Stimulus – February 10, 2010
February 9th, 2010Stocks inched lower on Wednesday as investors weighed a number of pressing issues. The session opened up with declines after the Fed released a detailed plan on how it will remove aid that was used to prop up the economy. Stocks briefly moved into positive territory during afternoon trading on hopes that a rescue plan [...]
Stocks Start the Month Higher; Toyota Begins Fixing Pedals
February 1st, 2010Stocks started off a new month on a high note. Investors cheered better-than-expected reports on earnings, personal income, and manufacturing. The big selloff in January left stocks beaten down, so investors had plenty of bargains to choose from. Today’s rally was able to erased part of last month’s 3.5% slide in the Dow, the biggest [...]
Investors Retreat Despite GDP Rising 5.7%; Honda Announces Recall
January 29th, 2010Stocks finished out the month of January in negative territory. Disappointing earnings at technology companies pulled stocks lower during afternoon trading. Declining stocks outnumbered advancers by about 2 to 1 on the New York Stock Exchange, where volume came to 819.5 million shares. Stocks initially rallied after The Commerce Department released a stronger-than-expected GDP report. [...]
Financial and Tech Shares Drive Stocks Higher – January 13, 2010
January 13th, 2010Stocks finally turned higher on Wednesday as investors scooped up financial and tech shares. Stocks fluctuated initially, but found some stable ground during afternoon trading. The Dow Jones Industrial Average added 53.51 points to close the day out at 10,680.77. Broader stocks indicators also advanced. The Nasdaq added 25.59 points while the Standard and Poor’s [...]
Mixed Signals about Economy Keep Stocks Flat – January 6, 2010
January 6th, 2010Stocks remained in a tight trading range today and forced all three major indices to finish closer to the flat line. The Nasdaq slid lower to end the day at 2,301.09. Three stocks rose for every two that fell on the New York Stock Exchange, where volume came to 757.3 million shares. A trade group’s [...]
Kraft-Cadbury Saga Continues, Buffett Voted Against Kraft Bid (KFT)
January 5th, 2010Kraft (KFT)
Kraft (KFT: Charts, News, Offers) is still trying to acquire Cadbury (CBY: Charts, News, Offers) with its $16 billion in cash and stock offer. The latest development involves Kraft increasing the cash portion to sweeten the deal a little more for Cadbury. This announcement came on the same day that Kraft announced it was [...]
Stocks Kick Off the New Year with Big Gains – January 4, 2010
January 4th, 2010Stocks started the New Year off on a good note and extended gains from 2009. Gains accelerated during morning trading after a recent report on manufacturing activity showed improvements. Overseas markets were already higher on news that China’s manufacturing industry expanded last month. Four stocks rose for every one that fell on the New York [...]
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Dow Turns Positive for 2010; Investors Await Jobs Report
March 4th, 2010Wall Street was finally able to finish the day with some solid gains. Falling stocks narrowly outpaced those that rose on the New York Stock Exchange. More improvements in the retail sector and a dip in jobless claims appeared to be the motivating factor for investors. Major gauges rose in the morning and then flattened [...]
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