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Stocks Are Higher After Jobs Report
Investors were not letting a barrage of grim economic news get them down. After two days of heavy losses, shares on Wall Street bounced back on Friday, despite stark new automotive sales numbers and government data showing that unemployment has reachedmore
Wall Street Higher After Jobs Report
Wall Street seemed to shake off a worse-than-expected jobs report Friday as shares opened higher. The report offered more evidence of the economic slowdown. The Labor Department said that the economy lost 240,000 jobs in October, and the unemploymentmore
Wall Street poised for positive open
Stock futures rise despite Ford's quarterly loss and worse-than-expected jobs report. NEW YORK (CNNMoney.com) -- U.S. stocks looked set for a positive start Friday, despite a dismal quarterly report from Ford and a worse-than-expected jobs report.At 8:45more
Asian markets see mixed trading
The IMF says developed economies will shrink for the whole of 2009 Stock markets in Asia have seen mixed trading with South Korea's Kospi index up following an interest rate cut but Japan's Nikkei index falling. South Korea's central bank cut rates tomore
Asian markets mixed, back off selloffs
pulling back from selloffs that have plagued Wall Street and Europe the past two days. Japan's Nikkei Index dropped more than 6 percent in early trading Friday, but cut its loses to finish down 3.5 percent. Seoul's KOSPI index gained 3.9 percent on themore
Asian markets continue to slide
The IMF says developed economies will shrink for the whole of 2009 Asian markets have continued to react to a day of sharp drops in global markets, with Japan's Nikkei index down more than 4% after morning trading. Meanwhile South Korea's central bankmore
Asian markets fall early Friday
Japan's Nikkei Index dropped more than 6.6 percent in early trading Friday after a second dismal day in a row on Wall Street. The Dow Jones Industrial Average has lost 929 points -- 9.7 percent -- in two days of trading since Tuesday, as investorsmore
Stocks Fall on Bleak Spending and Jobs Data
Between slumping retail sales and trouble in the technology and auto industries, the outlook for the economy is looking bleaker by the day. Investors on Thursday bet that the worst was yet to come. The Dow Jones industrial average plummeted 443.16 pointsmore
Stocks slide on recession fears
Wall Street retreats for a second session on worries about the economy. NEW YORK (CNNMoney.com) -- Stocks slumped Thursday, as weak reports on retail sales and jobless claims added to fears of a prolonged recession. The Dow Jones industrial averagemore
Eurozone rates lowered to 3.25%
Eurozone growth is expected to remain little changed in 2009 The European Central Bank has lowered its eurozone interest rates to 3.25% in an attempt to prevent a recession. The bank has reduced rates by half a percentage point from 3.75% amid increasingmore
Asian markets suffer sharp declines
a day after Wall Street's major indices lost more than 5 percent of their values. The Nikkei in Tokyo was off 5.2 percent in afternoon trading, while Australia's All Ordinaries slipped 4 percent. In Seoul, the KOSPI declined nearly 6 percent. The Taiwanmore
Markets Fall Sharply, Erasing Election Day Gains
So much for the Election Day bounce. Stocks erased all of their gains from Tuesdays rally - the biggest on a presidential election day in 24 years - as investors banked profits and dealt with another round of bleak economic news, this time aboutmore
Dow sheds 486 points
Post-election, worries about the weak economy are front and center. Blue-chip average loses as much as 513 points. NEW YORK (CNNMoney.com) -- Stocks fell sharply Wednesday, with the Dow sliding as much as 513 points, as Barack Obama's historic victorymore
Dow in 300-point selloff
Post-election, worries about the weak economy are front and center. NEW YORK (CNNMoney.com) -- Stocks tumbled Wednesday afternoon, with the Dow sliding over 300 points, as Barack Obama's historic victory gave way to renewed worries about the strugglingmore
Wall Street headed lower
Futures drop as economic woes come back into focus after Obama's historic presidential victory. NEW YORK (CNNMoney.com) -- U.S. stock futures fell Wednesday as investors shifted their focus back to the economy - and a precipitous loss in the job marketmore
Wall Streets Extreme Sport
Today?s economic turmoil, it seems, is an implicit indictment of the arcane field of financial engineering ? a blend of mathematics, statistics and computing. Its practitioners devised not only the exotic, mortgage-backed securities that proved somore
Strongest Election Day Stock Rally in 24 Years
Wall Street built on recent gains Tuesday as reduced volatility and easing in the credit markets helped give stocks their strongest Election Day rally in 24 years. The Standard & Poors 500-stock index closed above 1,000 for the first time since Oct. 13,more
Asia cheers Obama win, but Europe down
U.S. stock futures set for retreat after Democrat captures White House. NEW YORK (CNNMoney.com) -- Major Asian markets ended lower Wednesday, but European stocks and U.S. futures fell after Democrat Barack Obama was projected to have been electedmore
World markets cheer Obama win
U.S. stock futures mixed as CNN projects Illinois senator's victory, and markets around the globe rally. NEW YORK (CNNMoney.com) -- Global stocks traded higher and U.S. futures were mixed Tuesday as Democratic presidential candidate Barack Obama wasmore
Stocks Rally as Americans Vote
Wall Street built on recent gains Tuesday as reduced volatility and easing in the credit markets helped give stocks their strongest Election Day rally in 24 years. The Standard & Poor?s 500-stock index closed above 1,000 for the first time sincemore
Stocks Move Higher as Americans Vote
At about 2 p.m., the Dow Jones industrial average was up 2.7 percent, or about 250 points. The broader Standard & Poor?s 500-stock index was up 3.5 percent, and the tech-heavy Nasdaq was up 2.75 percent. Historically, Wall Street has enjoyed amore
Election Day stock rally
Wall Street advances as millions of Americans head to the polls. NEW YORK (CNNMoney.com) -- Stocks surged Tuesday morning, building on the recent rally, as millions of Americans hit hard by the weakened economy headed to the polls.Lending rates inmore
Wall Street set for Election Day boost
Futures climb, tracking gains in Europe. Trading expected to be subdued as presidential race nears finish line. LONDON (CNNMoney.com) -- U.S. stocks futures rose Tuesday as voters began heading to the polls to choose America's next president.At 5:15more
Economy: Very depressing but not yet the Great Depression
The U.S. economy is in bad shape stocks, banks and housing markets but it's nothing we haven't seen before. Nearly every generation has faced a period of economic upheaval and uncertainty. Only the financial problems themselves have changed. Thesemore
Wall Street Ends Flat After Economic Data
A momentous week for Washington began quietly on Wall Street, as stocks barely budged amid downbeat reports on the construction, manufacturing and auto industries. Sales at Ford, Chrysler and General Motors fell last month to their worst levels inmore
Stocks find their way higher
Wall Street turns upward as investors await financial reports and Election Day. NEW YORK (CNNMoney.com) -- Stocks turned higher after a mixed open Monday morning, as investors geared up for economic news later in the day and the presidential election.Themore
Stocks rise in Asia
Major stock indices around Asia and the Pacific rose in early trading Monday -- except in Japan. Just before noon, Hong Kong's Hang Seng index was up 4.9 percent, and the Taiwan Weighted gained 1.9 percent. South Korea's KOSPI was up 2.9 percent. Andmore
Stocks Higher on Last Day of Tumultuous Month
October is on track to go down in history as the worst month in the American stock market since 1987. But on Friday, investors were trying to end things on a positive note. The major indexes were all slightly higher at about noon, with the Dow Jonesmore
Stocks Mixed on Last Day of Tumultuous Month
Wall Street was mixed Friday morning as it tried to finish a tumultuous month on a positive note. October is on track to go down as the worst month in the American stock market since 1987. After an hour of trading, the Dow Jones industrials average wasmore