Financial stocks led Friday retreat – 01/22/10
Concerns about proposed new bank taxes and whether Fed chief Ben Bernanke would win a second term pressed down on stock prices Friday. The...
President Obama unnerves Wall Street – 01/21/10
The announcement of proposed new restrictions on banks by President Barack Obama sent financial stocks skidding. That was after the bad news of a...
China worries weigh on Wall Street – 01/20/10
Word that the Chinese government was making banks cut back on lending produced worries about that fast growing market. The Dow Jones Industrial Average...
Massachusetts election boosts stocks – 01/19/10
Even before the results were known, Wall Street investors were betting that Massachusetts voters would elect a Republican Senator and put the brakes on...
Gloom for most, but not broadcasters – 01/15/10
A gloomy outlook from JPMorgan Chase put a dark cloud over Wall Street on Friday. The Dow Jones Industrial Average fell 101 points, or...
Dow up, broadcast still down – 01/14/10
Positive earnings reports are expected to be in the offing, and it led to enough buying enthusiasm on Wall Street to propel the Dow...
Rising tide lifts all stocks – 01/13/10
Investors got interested in the recently depressed financial and tech sectors. And that buying gave the entire market a boost. The Dow Jones Industrial...
Washington scares Wall Street – 01/12/10
Talk by the Obama Administration about a new tax on banks sent stock prices lower. The Dow Jones Industrial Average dropped 37 points, or...
Stocks mixed as techs falter – 01/11/10
A strong Chinese economy gave a boost to US manufacturers, but profit taking hit the tech sector. The Dow Jones Industrial Average rose 46...
Stocks show resilience – 01/08/10
A disappointing jobs report sent stocks lower in Friday’s early trading, but the market rebounded as traders sloughed off the bad news and decided...
Financial sector boosts stocks – 01/07/10
Stock prices closed mostly higher on Thursday as analysts reports had good things to say about Bank of America and GE, particularly the GE...
Stocks close nearly flat – 01/06/10
There was nothing to excite stock traders on Wednesday. A report from the Institute for Supply Management showed a little growth in the services...
Wall Street rally fizzled out – 01/05/10
It looked like another up day, with traders welcoming a rise in factory orders. But then came word of weak home sales and the...
2010 begins on an up note – 01/04/10
A fifth straight monthly rise in the manufacturing index of The Institute for Supply Management was good news for Wall Street and sent stocks...
Stocks close out year of gains – 12/31/09
One day does not a trend make, so it was no big deal that traders took some profits on the last day of 2009....