TheMidnightStar

Stocks fall amid European banks worries

Mandy — Wed, 08 Sep 2010 00:12:54 +0000

Investors took profit on recent gains amid renewed worries over European banks’ financial health after Wall Street Journal reported that major European lenders understated holdings in risky government debts. Volume was once again low as investors choose to stay sidelines in the uncertainty.

DJIA -107.24pts (1.03%) at 10340.69

S&P -12.67pts (1.15%) at 1091.84

Nasdaq -24.86pts (1.11%) at 2208.89

Markets closed last night for US Labour Day

Mandy — Tue, 07 Sep 2010 00:51:27 +0000

Stocks rally on strong job data

Mandy — Sun, 05 Sep 2010 23:48:11 +0000

Stocks rallied after job data for August fell less than expected, reviving investors’ confidence about the economic recovery. Although payrolls fell for a 3rd straight month, the loss of 54,000 jobs was lesser than the expected 100,000.

DJIA +127.83pts (1.24%) at 10447.93

S&P +14.41pts (1.32%) at 1104.51

Nasdaq +33.74pts (1.53%) at 2233.75

Stocks extend gains on strong data

Mandy — Fri, 03 Sep 2010 00:33:28 +0000

Stocks extended their gains on strong economic data, with pending home sales rising unexpectedly and a fall in jobless claims. Volume, however, continued to be low as market awaits the payrolls figures for August tonight.

DJIA +50.63pts (0.49%) at 10320.10

S&P +9.81pts (0.91%) at 1090.10

Nasdaq +23.17pts (1.06%) at 2200.01

Stocks rally on strong data

Mandy — Thu, 02 Sep 2010 00:35:05 +0000

Stocks had their best day in 8 weeks after better than expected factory data boost investors’ confidence. Stocks extended their gains on the back of a rally in global equities after the Institute for Supply Management showed US factory activity grew stronger than expected.

DJIA +254.75pts (2.54%) at 10269.47

S&P +30.96pts (2.95%) at 1080.29

Nasdaq +62.81pts (2.97%) at 2176.84

Stocks end little changed

Mandy — Wed, 01 Sep 2010 00:15:36 +0000

Stocks ended the last day of the month little changed amid choppy trading conditions.

DJIA +4.99pts (0.05%) at 10014.72

S&P +0.41pts (0.04%) at 1049.33

Nasdaq -5.94pts (0.28%) at 2114.03

Stocks fell as economic worries persist

Mandy — Tue, 31 Aug 2010 00:35:06 +0000

Stocks fell, giving back gains from Friday on persistant worries about the slowing pace of the economic recovery. Trading volume was the lowest this year as most investors stayed sidelines.

DJIA -140.92pts (1.39%) at 10009.73

S&P -15.67pts (1.47%) at 1048.92

Nasdaq -33.66pts (1.56%) at 2119.97

Stocks rose on shortcovering

Mandy — Sun, 29 Aug 2010 08:02:36 +0000

Stocks rose on friday on shortcovering ahead of the weekend. Investors bought back into the market after Fed Chairman Ben Bernanke said the US economic recovery had weakened more than expected but the Fed is ready to take further steps to spur the recovery.

DJIA +164.84pts (1.65%) at 10150.65

S&P +17.37pts (1.66%) at 1064.59

Nasdaq +34.94pts (1.65%) at 2153.63

Stocks end lower on economic worries

Mandy — Fri, 27 Aug 2010 00:15:10 +0000

Stocks closed lower, with the Dow Jones falling below 10,000 for the first time since July 6, amid jitters over tonight’s GDP figure. Fed chairman Ben Bernanke is also expected to give a speech tonight as central bankers around the world gather at Jackson Hole, Wyoming for their annual meeting.

DJIA -74.25pts (0.74%) at 9985.81

S&P -8.11pts (0.77%) at 1047.22

Nasdaq -22.85pts (1.07%) at 2118.69

Stocks snap 4-day losing streak on bargain hunting

Mandy — Thu, 26 Aug 2010 00:21:31 +0000

Stocks rebounded as investors picked up beaten down shares in late trading. Markets were initally lower after weak homes sales and durable orders data.

DJIA +19.61pts (0.20%) at 10060.06

S&P +3.46pts (0.33%) at 1055.33

Nasdaq +17.78pts (0.84%) at 2141.54