Dow close below 10,000 pts on Euro-zone worries

Stocks continued their downward slide, with the Dow Jones falling below 10,000pts, as investors sold off financials on the back of Euro-zone woes. Banks shares fell across the board, with BoA down more than 3%, JPMorgan -1.6% and Citigroup -2.2% over concerns over their possible exposure to Europe’s sovereign debt issues.

DJIA -103.84pts (1.04%) at 9908.39

S&P -9.45pts (0.89%) at 1056.74

Nasdaq -15.07pts (0.70%) at 2126.05

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Stocks recover from lows to close positive

Stocks were down more than 1 percent in early trading but managed to pull back to close positive on bargain hunting. Investors initially unloaded stocks after data showed non-farm payrolls fell by an unexpected 20k in Jan, despite a surprise drop in unemployment to 9.7%.

DJIA +10.05pts (0.10%) at 10012.23

S&P +3.08pts (0.29%) at 1066.19

Nasdaq +15.69pts (0.74%) at 2141.12

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Stocks tumbled on Eurozone woes

Stocks continued their slide on increasing concerns over the sovereign debt of Eurozone countries, Greece, Portugal and Spain. Data front, an unexpected spike in jobless claims heightened unease over tonight’s non-farm payrolls data. The Dow Jones briefly broke the critical 10,000 level and managed to close just 2 pts above at 10,002.

DJIA -268.37pts (2.61%) at 10002.18

S&P -34.17pts (3.11%) at 1063.11

Nasdaq -65.48pts (2.99%) at 2125.43

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Stocks end slightly lower as Obama reforms weigh

Stocks ended lower as Obama reiterated his commitment to overhaul the heathcare system and impose stricter controls on banks. Healthcare stocks got a further blow after disappointing outlook from Pfizer Inc.

DJIA -26.30pts (0.26%) at 10270.55

S&P -6.04pts (0.55%) at 1097.28

Nasdaq +0.85pts (0.04%) at 2190.91

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Stocks climbed for 2nd day on solid earnings

Stocks extended their gains from the previous session as strong earnings from bellwethers, indicating a rebound in demand, lifted consumer & industrial sectors. Home builders shares also rose, on the back of stronger existing home sales data.

DJIA +111.32pts (1.09%) at 10296.85

S&P +14.13pts (1.30%) at 1103.32

Nasdaq +18.86pts (0.87%) at 2190.06

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Stocks rally on strong econ data

Stocks rallied after better than expected ISM manufacturing data helped lifted sentiments.  Strong earnings from Exxon Mobil also helped, with the share gaining 2.7%.

DJIA +118.20pts (1.17%) at 10185.53

S&P +15.32pts (1.43%) at 1089.19

Nasdaq +23.85pts (1.11%) at 2171.20

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Stocks end lower on friday on Euro-zone worries

Stocks fell on friday as Euro-zone sovereign debt concerns continued to weigh upon the markets. Fears of a Greek default as well as the uncertainty of the fiscal stability of Portugal and Spain caused investors to exit stock holdings.

DJIA -53.13pts (0.52%) at 10067.33

S&P -10.66pts (0.98%) at 1073.87

Nasdaq -31.65pts (1.45%) at 2147.35

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Stocks resume slide on weak tech earnings

Stocks continued its downward slide after weak earnings from Motorola & Qualcomm spurred a sell-off in techs. Qualcomm Inc shares fell 14.2% while Motorola shares fell 12.4% after earnings and outlook fell short of expectations.

DJIA -115.70pts (1.13%) at 10120.46

S&P -12.97pts (1.18%) at 1084.53

Nasdaq -42.41pts (1.91%) at 2179.00

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Stocks rose on Fed’s optimistic stance

Stocks rose after the Fed said it will keep rates at near zero. The optimistic tone of the Fed helped calm the nervous market which has seen much selling pressure in recent weeks. The Nasdaq got a late boost after Apple Inc shares reversed early losses when it unveiled its tablet computer iPad.

DJIA +41.87pts (0.41%) at 10236.16

S&P +5.33pts (0.49%) at 1097.50

Nasdaq +17.68pts (0.80%) at 2221.41

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Stocks gained as support for Bernanke firms

Stocks snapped a 3-day losing streak as signs that Ben Bernanke would win a US Senate vote for a 2nd term as Fed Chairman eased investors’ concerns.

DJIA +23.88pts (0.23%) at 10196.86

S&P +5.02pts (0.46%) at 1096.78

Nasdaq +5.51pts (0.25%) at 2210.80

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Stocks sink on bank woes & weak techs

Stocks had their worst 3 day slide in 10 months on continued fears over Obama’s proposed tough regulations on banks. Techs also fell sharply after disappointing results from Google Inc.

DJIA -216.90pts (2.09%) at 10172.98

S&P -24.72pts (2.21%) at 1091.76

Nasdaq -60.41pts (2.67%) at 2205.29

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Stocks fell sharply on banks restriction plan

Stocks fell sharply as Obama proposed tough restrictions on banks, a move which will squeeze bank profits. Obama said banks should no longer be allowed to own, sponsor or invest in hedge funds for proprietary profits, which has been a huge cash cows for the banks. Goldman Sachs fell 4.1% depite better results and JPMorgan shed 6.6%.

DJIA -213.27pts (2.01%) at 10389.88

S&P -21.56pts (1.89%) at 1116.48

Nasdaq -25.55pts (1.12%) at 2265.70

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Stocks slide on China’s leading curbs

Stocks had their worst drop in 2010 on talk that China have asked some major banks to curb their lending. Worried that this may stall the global economic recovery, investors sold off shares of natural resource companies and big manufacturers.

DJIA -122.28pts (1.14%) at 10603.15

S&P -12.19pts (1.06%) at 1138.04

Nasdaq -29.15pts (1.26%) at 2291.25

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Stocks hit fresh 15 mth highs on healthcare & techs gains

Stocks traded to new highs led by a rally in healthcare as investors bet that Obama’s healthcare reforms, which is likely to hurt profits of insurers and drug companies, would stall due to the potential loss of a Democrats’ seat in the state of Massechusetts. Techs were also higher, in anticipation of better earnings from IBM after the bell.

DJIA +115.78pts (1.09%) at 10725.43

S&P +14.20pts (1.25%) at 1150.23

Nasdaq +32.41pts (1.42%) at 2320.40

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Wall Street closed for holiday

US markets closed last night for Martin Luther King Jr holiday.

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Stocks fell, dragged down by banks

Stocks fell on friday after JPMorgan Chase & Co, the first major bank to report earnings, reported heavy losses on mortgage and credit cards. JPMorgan shares fell 2.3%, raising concerns about bank profits as the other banks start reporting their results this week.

DJIA -100.90pts (0.94%) at 10609.65

S&P -12.43pts (1.08%) at 1136.03

Nasdaq -28.75pts (1.24%) at 2287.99

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Stocks end higher led by gains in techs

Stocks ended higher led by gains in Oracle & Intel. Investors bought into Intel shares ahead of its earnings report on expectations that business spending will bolster profits, and Intel did not disappoint. The company reported better than expected earnings after the bell and its shares rose 1.7% in after trade.

DJIA +29.78pts (0.28%) at 10710.55

S&P +2.78pts (0.24%) at 1148.46

Nasdaq +8.84pts (0.38%) at 2316.74

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Techs and financials lifted stocks

Stocks traded to fresh 15th month highs as investors bought into techs and finiancials which have been sold off recently.

DJIA +53.51pts (0.50%) at 10680.77

S&P +9.46pts (0.83%) at 1145.68

Nasdaq +25.59pts (1.12%) at 2307.90

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Stocks fell on bank levy fears

Investors sold financials last night on fears of a potential government levy on banks. According to a senior US official, President Obama is said to be considering a levy to recoup losses from the Troubled Asset Relief Program (TARP).

DJIA -36.73pts (0.34%) at 10627.26

S&P -10.76pts (0.94%) at 1136.22

Nasdaq -30.10pts (1.30%) at 2282.31

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Stocks end mixed

Stocks ended the session mixed as industrial shares lifted the DJ and S&P to 15 mth highs but techs shares fell on profit taking after recent gains. Industrial shares got a boost after better than expected data from China gave investors confidence about the economic recovery.

DJIA +45.80pts (0.43%) at 10663.99

S&P +2.00pts (0.17%) at 1146.98

Nasdaq -4.76pts (0.21%) at 2312.41

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