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Tag Archives: Stocks

Stocks rise after unemployment report

NEW YORK — Stocks are rising after news that fewer people joined the unemployment line last week and word that a technology bellwether’s profit beat expectations. The Dow Jones industrial average is up 256 points, or 2.4 percent, at 10,972 ...

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Stocks plunge as attention returns to weak economy

NEW YORK — Stocks plunged again Wednesday as investors turned their attention back to the weak global economy and Europe’s debt problems. Most of the big gains that followed a Federal Reserve pledge to extend super-low interest rates vanished. The ...

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Fed’s low rates pledge supports global stocks

LONDON — A pledge by the Federal Reserve to keep extremely low interest rates for another couple of years has calmed investors’ jitters, sending stock markets around the world higher Wednesday. The Fed’s surprise announcement Tuesday that it would likely ...

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U.S. stocks rise slightly after big fall

NEW YORK — U.S. stocks are rising in early trading, a day after their worst drop since 2008. The Federal Reserve meets Tuesday and traders are speculating that it may announce more help for the economy, which has stumbled this ...

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Dow plunges more than 600 points after downgrade

NEW YORK — Stocks plunged Monday as anxiety overtook investors on the first trading day since Standard & Poor’s downgraded American debt. The Dow Jones industrials fell 634.76 points. It was the sixth worst point decline for the Dow in ...

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U.S. stocks dive after dismal June jobs report

Stocks are opening sharply lower after the government said businesses added the fewest jobs in June in more than a year. The unemployment rate rose to 9.2 percent. Employers created only 18,000 jobs last month, a fraction of what economists ...

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Stocks post third straight day of gains

NEW YORK — Stocks are closing broadly higher following signs that the European financial crisis may be contained. European Union officials said Monday that the EU would take steps to prevent Greece’s problems from affecting Ireland and Portugal. Stocks gained ...

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