DJIA back above 10K – 6/10/10
A successful bond offering by the Spanish government, a strong export/import report from China and bargaining hunting in battered energy stocks all combined to...
Rally fizzles on Wall Street – 6/9/10
It looked like Wednesday was going to be an up day, with stocks rising on generally optimistic comments before Congress by Fed chief Ben...
Late rally swept Wall Street on Tuesday – 6/8/10
The stock market shot up in the final hour of trading on Tuesday. There wasn't much news to account for the buying frenzy, although...
Stock slide continued on Monday – 6/7/10
Continuing disappointment with Friday's jobs report weighed on Wall Street Monday and the mood got worse when the Federal Reserve reported that consumer credit...
Jobs report sent stocks lower on Friday – 06/04/10
The US Labor Department reported that 431,000 jobs were created in May, well below the expectations of private economists. Not only that, 411,000 of...
Stock gains modest, but at least gains – 06/03/10
First time claims for unemployment payments fell for the second straight week and ADP, the payroll processing company, said private employers added 55,000 jobs...
Day of big gains – 06/02/10
Energy and financial stocks led the way as bargain hunters descended on Wall Street. The Dow Jones Industrial Average rose 225 points, or 2.3%,...
Stocks take a dive – 06/01/10
Energy stocks dropped sharply after US Attorney General Eric Holder announced that a criminal investigation was underway into the oil spill still gushing in...
May ends on a down note – 05/28/10
A credit downgrade for Spain by Fitch made Wall Street nervous about Europe again on Friday and the last trading day of May saw...
A day of hefty gains – 05/27/10
China said it wouldn't dump its European bonds and bargain hunters went wild on Wall Street. The Dow Jones Industrial Average shot up 285...
Euro woes sink Dow below 10K – 05/26/10
Worries about the economic stability of several European countries continued to press on Wall Street trading on Wednesday. The Dow Jones Industrial Average was...
Barney Frank saves the day on Wall Street – 05/25/10
You read that headline correctly. Stocks had traded sharply lower on Tuesday, with fears continuing about the economic problems in Europe. But comments by...
Stocks end Monday a bit lower – 05/24/10
Worries about the economic situation in Europe continued to weigh on Wall Street Monday. The Dow Jones Industrial Average was down 127 points, or...
Wall Street week ended with a recovery – 05/21/10
Bargain hunters moved in on Friday, following the big stock price plunge on Thursday over worries about the status of European economies. Those worries,...
Euro troubles sent stocks skidding – 05/20/10
Wall Streeters are looking east and don't like what they see in the troubled economies of some European countries. As the euro dropped on...