Markets Close Lower As Spending Rises

The markets closed modestly lower as consumer spending surpassed expectations while income gains disappointed. The Dow dropped 17 points to 13,896 while Nasdaq fell 8 points to 2702. S&P 500 lost 5 points to 1527. The 30-year bond edged up a the yield eased to 4.833%.

Markets Lower Over Disappointing Income Gain

The markets traded in negative territory during the midday as incomes rose by a smaller than expected 0.3%. The Dow lost 26 points to 13,887 while Nasdaq fell 8 points to 2701. S&P 500 slipped 5 points to 1526. The 30-year bond edged up as the yield eased to 4.802%.

Drop In Home Sales Lifts Markets Higher

A sharp drop in August new homes sales sparked speculation of further rate cuts sending the markets to a modestly higher close. The Dow gained 35 points to 13,913 while Nasdaq rose 11 points to 2710. S&P 500 added 6 points to 1531. The 30-year bond edged up as the yield eased to 4.837%.

Markets Up As New Home Sales Drop

The markets traded modestly higher during the midday as a drop in new home sales sparked hopes of further rate cuts. The Dow added 7 points to 13,885 while Nasdaq gained 8 points to 2707. S&P 500 rose 3 points to 1528. The 30-year bond edged up as the yield eased to 4.861%.

Markets Close Higher As Strike Ends

The markets closed higher as the UAW strike against GM ended. The Dow soared 99 points to 13,878 while Nasdaq climbed 15 points to 2699. S&P 500 gained 8 points to 1525. The 30-year bond eased as the yield edged up to 4.893%.

Markets Rise As UAW Strike Ends

The markets traded higher during the midday as the UAW strike against GM ended. The Dow soared 81 points to 13,860 while Nasdaq climbed 22 points to 2705. S&P 500 rose 10 points to 1527. The 30-year bond eased as the yield edged up to 4.924%.

Markets Close Modestly Higher

The markets closed modestly higher despite a drop in existing home sales with investors hopeful that the Fed will lower interest rates further to stimulate the economy. The Dow rose 20 points to 13,779 while Nasdaq added 16 points to 2683. S&P 500 slipped a fraction to 1517. The 30-year bond eased as the yield edged up to 4.886%.

Markets Mixed As Home Sales Fall

The markets traded mixed during the midday as home sales fell to a five year low. The Dow dropped 15 points to 13,744 while Nasdaq added 2 points to 2670. S&P 500 lost 6 points to 1512. The 30-year bond rose as the yield slipped to 4.846%.

Markets Close Lower Ahead Of Housing Data

The markets retreated to close lower ahead of tomorrow's release of August existing home sales data. The Dow tumbled 61 points to 13,759 while Nasdaq lost 3 points to 2668. S&P 500 fell 8 points to 1518. The 30-year bond edged up as the yield eased to 4.877%.

Markets Modestly Higher At Midday

The markets traded higher during the midday with the Dow adding 12 points to 13,832. Nasdaq rose 12 points to 2683 while S&P 500 slipped 3 points to 1523. The 30-year bond edged up as the yield eased to 4.877%.

Markets Close Higher Over Strong Earnings

The markets closed higher over strong earnings with the Dow climbing 53 points to 13,820. Nasdaq gained 17 points to 2671 while S&P 500 added 7 points to 1526. The 30-year bond rose as the yield slipped to 4.891%.

Upbeat Earnings Lift Markets Higher

Upbeat earnings news lifted the markets higher during the midday with the Dow soaring 103 points to 13,870. Nasdaq surged 23 points to 2677 while S&P 500 climbed 11 points to 1530. The 30-year bond rose as the yield slipped to 4.919%.

Rising Oil Prices Weigh Down Markets

Rising oil prices weighed down the markets to a lower close with the Dow tumbling 49 points to 13,767. Nasdaq dropped 12 points to 2654 while S&P 500 declined 10 points to 1519. The 30-year bond fell as the yield rose to 4.944%.

Markets Slip Over Earnings News

The markets traded in negative territory during the midday over disappointing earnings news. The Dow dropped 26 points to 13,790 while Nasdaq fell 6 points to 2661. S&P 500 slipped 4 points to 1525. The 30-year bond eased as the yield rose to 4.917%.

Markets Extend Gains To Close Higher

Investor enthusiasm over yesterday's rate cut extended the market's gains with the Dow soaring another 76 points to close at 13,816. Nasdaq surged 15 points to 2666 while S&P 500 climbed 9 points to 1529. The 30-year bond slipped as the yield rose to 4.824%.

Markets Continue Surge After Rate Cut

The markets continued to surge after yesterday's greater than expected rate cut. The Dow leaped 106 points to 13,846 while Nasdaq soared 23 points to 2674. S&P 500 jumped 14 points to 1534. The 30-year bond eased as the yield rose to 4.857%.

Markets Surge To Close Higher After Fed Slashes Rates

The markets surged to close sharply higher after the Federal Reserve slashed the federal funds rate by a larger than expected half a point to 4.75%. The Dow jumped 336 points to 13,739 while Nasdaq leaped 70 points to 2652. S&P 500 soared 43 points to 1520. The 30-year bond slipped as the yield rose to 4.760%.

Markets Rise As Investors Anticipate Rate Cut

Investors anticipating a rate cut lifted the markets higher during the midday with the Dow climbing 84 points to 13,488. Nasdaq rose 12 points to 2594 while S&P 500 soared 10 points to 1487. The 30-year bond eased as the yield edged up to 4.728%.

Markets Close Lower Ahead Of Rate Decision

The markets closed lower as investors await the Federal Reserve's rate decision tomorrow. The Dow dropped 39 points to 13,403 while Nasdaq tumbled 21 points to 2582. S&P 500 fell 7 ponts to 1477. The 30-year bond rose as the yield slipped to 4.714%.

Markets Slip Ahead Of Rate Decision

The markets traded lower during the midday ahead of the Federal Reserve's rate decision tomorrow. The Dow tumbled 35 points to 13,408 while Nasdaq dropped 18 points to 2584. S&P 500 lost 7 points to 1477. The 30-year bond edged up as the yield eased to 4.717%.

Markets Flat Ahead Of Rate Decision

The markets closed near the flatline ahead of the Federal Reserve's rate decision next week. The Dow gained 18 points to 13,443 while Nasdaq added a point to 2602. S&P 500 held steady at 1484. The 30-year bond edged up as the yield eased to 4.724%.

Markets Ease As Retail Sales Disappoint

A sharp drop in August retail sales sent the markets lower during the midday with the Dow losing 8 points to 13,417. Nasdaq slipped 4 points to 2597 while S&P 500 eased a point to 1483. The 30-year bond edged up as the yield edged down to 4.739%.

Markets Close Higher Over Jobless Report

The markets surged to close higher after jobless claims rose by a smaller than expected amount. The Dow jumped 133 points to 13,425 while Nasdaq rose 9 points to 2601. S&P 500 climbed 12 points to 1484. The 30-year bond slipped as the yield edged up to 4.743%.

Upbeat Jobless Report Lifts Markets Higher

A better than expected jobless reported boosted the markets higher during the midday with the Dow soaring 154 points to 13,446. Nasdaq climbed 14 points to 2606 while S&P 500 surged 15 points to 1487. The 30-year bond eased as the yield edged up to 4.747%.

Markets Close Lower As Oil Spikes

The markets closed lower as oil prices briefly surged above the $80 mark before closing at a record $79.91 a barrel. The Dow dropped 17 points to 13,292 while Nasdaq slipped 5 points to 2592. S&P 500 added a fraction to 1472. The 30-year bond eased as the yield edged up to 4.687%.

Deficit Drop Lifts Markets To Higher Close

The markets closed sharply higher as the nation's trade deficit slipped. The Dow jumped 181 points to 13,308 while Nasdaq leaped 38 points to 2597. S&P 500 soared 20 points to 1471. The 30-year bond eased as the yield edged up to 4.648%.

Markets Surge Higher At Midday

The markets surged higher during the midday even as Federal Reserve Chairman Ben Bernanke's speech avoided any discussion of interest rates. The Dow leaped 104 points to 13,232 while Nasdaq soared 19 points to 2578. S&P 500 climbed 10 points to 1462. The 30-year bond edged up as the yield eased to 4.625%.

Markets Close Mixed Over Rate Concerns

The markets closed mixed over concerns that interest rate cuts may not occur as quickly as investors hoped. The Dow gained 14 points to 13,128 while Nasdaq lost 7 points to 2559. S&P 500 slipped 2 points to 1452. The 30-year bond rose as the yield eased to 4.641%.

Markets Retreat Over Rate Concerns

The markets retreated into negative territory after comments by several Fed officials indicated that rates may not be cut at the next meeting. The Dow dropped 38 points to 13,076 while Nasdaq fell 13 points to 2552. S&P 500 lost 9 points to 1444. The 30-year bond rose as the yield slipped to 4.628%.

Unexpected Payrolls Drop Sends Markets Tumbling

Payrolls dropped unexpectedly in August sending the markets into a tailspin with the Dow plummeting 250 points to 13,223. Nasdaq skidded 49 points to 2566 while S&P 500 plunged 25 points to 1454. The 30-year bond climbed as the yield fell to 4.693%.

Weak Jobs Report Send Markets Tumbling

A weak jobs report sent the markets tumbling during the midday with the Dow plummeting 171 points to 13,192. Nasdaq plunged 42 points to 2572 while S&P 500 dropped 19 points to 1459. The 30-year bond rose as the yield fell to 4.691%.

Markets Modestly Higher

Despite a record number of foreclosures, the markets closed modestly higher as upbeat retail sales lifted investor sentiment. The Dow climbed 58 points to 13,363 while Nasdaq gained 8 points to 2614. S&P 500 added 6 points to 1479. The 30-year bond eased as the yield edged up to 4.79%.

Solid Retail Sales Lift Markets Higher

Solid August retail sales lifted the markets higher during the midday with the Dow climbing 77 points to 13,382. Nasdaq gained 11 points to 2617 while S&P 500 rose 5 points to 1477. The 30-year bond eased as the yield edged up to 4.786%.

Markets Plummet As Pending Home Sales Tumble

As pending home sales tumbled to a six year low, the markets plummeted with the Dow plunging 143 points to 13,305. Nasdaq dropped 24 points to 2606 while S&P 500 skidded 17 points to 1472. The 30-year bond rose as the yield fell to 4.780%.

Markets Skid As Pending Home Sales Drop

A sharp drop in pending home sales sent the markets skidding during the midday with the Dow plummeting 170 points to 13,278. Nasdaq dropped 20 points to 2610 while S&P 500 tumbled 18 points to 1471. The 30-year bond rose as the yield slipped to 4.777%.

Markets Close Higher Over Rate Cut Hopes

Speculation that a slowdown in manufacturing growth will lead to an interest rate cut boosted the markets to a higher close with the Dow soaring 91 points to 13,449. Nasdaq leaped 34 points to 2630 while S&P 500 jumped 15 points to 1489. The 30-year bond eased as the yield edged up to 4.839%.

Hope Of Rate Cut Lifts Markets Higher At Midday

Slowing expansion in the manufacturing sector sparked hopes of an interest rate cut lifting the markets modestly higher during the midday. The Dow rose 29 points to 13,386 while Nasdaq soared 26 points to 2622. S&P 500 climbed 10 points to 1484. The 30-year bond eased as the yield edged up to 4.842%.