Rise In Consumer Spending Lifts Markets Higher

The markets closed higher as consumer spending and income rose. The Dow leaped 119 points to 13,358 while Nasdaq soared 31 points to 2596. S&P 500 surged 16 points to 1474. The 30-year bond eased as the yield edged up to 4.831%.

Fed Chief's Comments Lift Markets Higher

Reassuring comments by Fed chief Bernanke lifted the markets higher during the midday with the Dow surging 147 points to 13,386. Nasdaq leaped 28 points to 2593 while S&P 500 soared 22 points to 1480. The 30- year bond edge up as the yield eased to 4.822%.

Markets Close Mixed

Despite second quarter expansion of the GDP, the markets closed mixed as unemployment applications unexpectedly rose. The Dow tumbled 51 points to 13,239 while Nasdaq added 2 points to 2565. S&P 500 lost 6 points to 1458. The 30-year bond rose as the yield fell to 4.825%.

Markets Mixed At Midday

The markets traded mixed during the midday despite a gain in the GDP as jobless claims rose. The Dow eased a point to 13,288 while Nasdaq climbed 17 points to 2580. S&P 500 added a point to 1465. The 30-year bond rose as they yield slipped to 4.835%.

Bargain Hunters Lift Markets To Higher Close

Bargain hunters lifted the markets to a higher close with the Dow leaping 247 points to 13,289. Nasdaq jumped 63 points to 2563 while S&P 500 surged 31 points to 1464. The 30-year bond eased as the yield rose to 4.879%.

Bargain Hunters Lift Markets At Midday

The markets continued to climb during the midday with the Dow soaring 94 points to 13,136. Nasdaq surged 26 points to 2526 while S&P 500 gained 16 points to 1448. The 30-year bond eased as the yield edged up to 4.870%.

Markets Plummet As Home Prices Plunge

The markets plummeted as home prices sharply declined. The Dow skidded 280 points to 13,042 while Nasdaq plunged 61 points to 2501. S&P 500 tumbled 34 points to 1432. The 30-year bond edged up as the yield eased to 4.862%.

Markets Tumble Over Sharp Housing Price Drop

A sharp drop in home prices sent the markets tumbling during the midday with the Dow plunging 159 points to 13,163. Nasdaq plummeted 35 points to 2527 while S&P 500 dropped 17 points to 1450. The 30-year bond edged up as the yield eased to 4.855%.

Markets Close Lower As Home Prices Fall

Falling home sales sent the market down to close lower with the Dow dropping 57 points to 13,322. Nasdaq tumbled 15 points to 2561 while S&P 500 plunged 13 points to 1467. The 30-year bond rose as the yield slipped to 4.863%.

Markets Slip As Home Sales Fall

The markets slipped during the midday as home sales continued to drop. The Dow fell 31 points to 13,348 while Nasdaq lost 12 points to 2565. S&P 500 lost 9 points to 1470. The 30-year bond rose as the yield eased to 4.876%.

Solid Economic Data Boosts Markets Higher

Solid economic data boosted the markets to a higher close with the Dow leaping 143 points to 13,379. Nasdaq surged 35 points to 2577 while S&P 500 jumped 17 points to 1479. The 30-year bond rose as the yield slipped to 4.897%.

Markets Rise As New Home Sales Rebound

The markets advanced during the midday as new home sales rebounded. The Dow soared 70 points to 13,306 while Nasdaq gained 15 points to 2556. S&P 500 gained 7 points to 1470. The 30-year bond rose as the yield slipped to 4.895%.

Markets Close Modestly Lower

The markets closed modestly lower as the mortgage industry sheds more than 40,000 jobs. The Dow eased a fraction to 13,236 while Nasdaq fell 11 points to 2542. S&P 500 slipped 2 points to 1463. The 30-year bond rose as the yield edged down to 4.923%.

Markets Lower Over Credit Concerns

The markets traded lower during the midday despite a $2 billion infusion of cash into Countrywide. The Dow tumbled 53 points to 13,183 while Nasdaq plunged 21 points to 2532. S&P 500 dropped 9 points to 1455. The 30-year bond edged up as the yield eased to 4.945%.

Merger Discussion Lift Markets To Higher Close

Merger discussions lifted investor sentiment sending the markets soaring to a close with the Dow leaping 145 points to 13,236. Nasdaq jumped 32 points to 2553 while S&P 500 soared 17 points to 1464. The 30-year bond eased as the yield edged up to 4.954%.

Hopeful Investors Lift Markets Higher

Investors hopeful that liquidity problems are easing lifted the markets higher during the midday with the Dow climbing 89 points to 13,180. Nasdaq gained 18 points to 2540 while S&P 500 rose 9 points to 1456. The 30-year bond eased as the yield edged up to 4.955%.

Markets Close Mixed Over Possible Rate Cut

The markets closed mixed despite soaring foreclosures as investors anticipate a rate cut. The Dow fell 30 points to 13,091 while Nasdaq gained 13 points to 2521. S&P 500 added 2 points to 1447. The 30-year bond rose as the yield slipped to 4.943%.

Markets Mixed As Foreclosures Surge

The markets traded mixed during the midday despite a surge in foreclosures over speculation that Warren Buffet may purchase parts of Countrywide Financial. The Dow lost 4 points to 13,117 while Nasdaq added 10 points to 2518. S&P 500 gained 4 points to 1449. The 30-year bond edged up as the yield eased to 4.962%.

Markets Close Higher As Layoffs Begin

The markets reversed earlier losses to close modestly higher as mortgage companies began laying off employees. The Dow rose 42 points to 13,121 while Nasdaq added 4 points to 2509. S&P 500 held steady at 1446. The 30-year bond rose as the yield slipped to 4.97%.

Markets Trade Lower As Layoffs Begin

The markets traded lower during the midday as Countrywide began eliminating jobs in its lending unit. The Dow tumbled 83 points to 12,996 while Nasdaq dropped 17 points to 2488. S&P 500 plunged 11 points to 1435. The 30-year bond rose as the yield fell to 4.957%.

Markets Plunge Over Mortgage Industry Concerns

Concerns about the solvency of mortgage lenders sent the markets skidding to a close with the Dow plummeting 281 points to 13,182. Nasdaq plunged 65 points to 2511 while S&P 500 tumbled 39 points to 1433. The 30-year bond rose as the yield fell to 4.865%.

Slower Job Growth Weighs Down Markets

Slower than expected job growth weighed down the markets during the midday with the Dow falling 58 points to 13,405. Nasdaq dropped 14 points to 2562 while S&P 500 tumbled 7 points to 1465. The 30-year bond rose as the yield slipped to 4.879%.

Markets Close Higher As Factory Orders Rise

An increase in factory orders boosted the markets to a higher close with the Dow soaring 101 points to 13,463. Nasdaq climbed 22 points to 2576 while S&P 500 gained 6 points to 1472. The 30-year bond edged up as the yield eased to 4.899%.

Strong Earnings Lift Markets Higher

Strong earnings news lifted the markets higher during the midday with the Dow climbing 66 points to 13,429. Nasdaq gained 19 points to 2572 while S&P 500 rose 5 points to 1470. The 30-year bond eased as the yield edged up to 4.928%.

Markets Close Higher As Pending Home Sales Rise

A gain in pending home sales lifted the markets to a higher close with the Dow soaring 150 points to 13,362. Nasdaq gained 8 points to 2554 while S&P 500 climbed 11 points to 1466. The 30-year bond rose as the yield slipped to 4.909%.

Markets Advance As Pending Home Sales Rise

The markets advanced during the midday as pending home sales rose in June. The Dow gained 66 points to 13,278 while Nasdaq climbed 7 points to 2553. S&P 500 added 6 points to 1462. The 30-year bond edged up as the yield eased to 4.917%.