Tuesday, October 23, 2007
Upbeat earnings lifted the markets to a higher close with the Dow soaring 109 points to 13,676. Nasdaq leaped 45 points to 2799 while S&P 500 soared 13 points to 1520. The 30-year bond eased as the yield edged up to 4.692%.
Markets Up On Earnings News
The markets retreated from early morning gains but continued to trade in positive territory over upbeat earnings with the Dow gaining 27 points to 13,594. Nasdaq climbed 17 points to 2771 while S&P 500 added a point to 1508. The 30-year bond eased as the yield edged up to 4.697%.
Monday, October 22, 2007
Earnings Lift Markets Higher
Upbeat earnings lifted the markets to a modestly higher close with the Dow climbing 45 points to 13,567. Nasdaq soared 29 points to 2754 while S&P 500 gained 6 points to 1506. The 30-year bond edged up as the yield eased to 4.672%.
Friday, October 19, 2007
Markets Plummet Over Record Oil And Disappointing Earnings
On the 20th anniversary of the Black Monday crash, the markets plummeted to close sharply lower over disappointing earnings and record oil prices. The Dow skidded 367 points to 13,522 while Nasdaq plunged 74 points to 2725. S&P 500 stumbled 39 points to 1501. The 30-year bond rose as the yield slipped to 4.689%.
Markets Drop Over Disappointing Earnings
The markets extended its losses during the midday over disappointing earnings and soaring oil prices. The Dow plunged 195 points to 13,694 while Nasdaq plummeted 37 points to 2763. S&P 500 skidded18 points to 1522. The 30-year bond rose as the yield slipped to 4.705%.
Thursday, October 18, 2007
Markets Flat Over Disappointing Earnings
The markets closed near the flatline over disappointing earnings. The Dow slipped 4 points to 13,889 while Nasdaq added 7 points to 2799. S&P 500 edged down a point to 1540. The 30-year bond rose as the yield eased to 4.779%.
Markets Lower Over Disappointing Earnings
Disappointing earnings along with a jump in jobless claims weighed down the markets during the midday with the Dow dropping 43 points to 13,850. Nasdaq tumbled 13 points to 2779 while S&P 500 slipped 3 points to 1538. The 30-year bond edged up as the yield eased to 4.778%.
Wednesday, October 17, 2007
Markets Close Mixed As Prices Soar
It was a mixed close for the markets as soaring consumer prices overshadowed upbeat earnings. The Dow lost 20 points to 13,893 while Nasdaq climbed 29 points to 2793. S&P 500 added 3 points to 1541. The 30-year bond rose as the yield fell to 4.809%.
Markets Mixed As Prices Surge
The markets traded mixed during the midday as consumer prices surged in September. The Dow lost 16 points to 13,897 while Nasdaq climbed 21 points to 2785. S&P 500 edged up a point to 1539. The 30-year bond rose as the yield slipped to 4.841%.
Tuesday, October 16, 2007
Markets Drop Over Bernanke's Comments
The markets closed lower over comments from Fed chief Bernanke that the troubled housing markets will continue to weigh on the economy. The Dow tumbled 72 points to 13,913. Nasdaq dropped 16 points to 2764 while S&P 500 fell 10 points to 1539. The 30-year bond eased as the yield edged up to 4.912%.
Bernanke's Comments Weigh Down Markets
Comments by Fed chief Ben Bernanke that the ailing housing market weighs down the economy sent the markets tumbling during the midday with the Dow falling 57 points to 13,928. Nasdaq dropped 7 points to 2773 while S&P 500 lost 5 points to 1543. The 30-year bond edged up as the yield eased to 4.901%.
Monday, October 15, 2007
Markets Tumble As Oil Prices Soar
Crude oil prices soared over $86 a barrel for the first time to settle at a record $86.13 a barrel over concerns that oil production will fall even as demand continues to climb. The Dow tumbled 108 points to 13,985 while Nasdaq plunged 26 points to 2780. S&P 500 plummeted 13 points to 1549. The 30-year bond eased as the yield edged up to 4.907%.
Markets Plunge As Oil Surges Above $85 A Barrel
Oil prices surged above $85 a barrel for the first time sending the markets plunging during the midday with the Dow skidding 157 to 13,936. Nasdaq plummeted 30 points to 2775 while S&P 500 tumbled 15 points to 1546. The 30-year bond eased as the yield edged up to 4.907%.
Friday, October 12, 2007
Markets Close Higher Over Acquisition News
Acquisition news along with strong retail sales lifted the markets to a higher close with the Dow climbing 78 points to 14,093. Nasdaq leaped 33 points to 2806 while S&P 500 gained 7 points to 1562. The 30-year bond slipped as the yield rose to 4.905%.
Strong Sales Lift Markets Higher
Strong overall retail sales lifted the markets higher during the midday with the Dow climbing 63 points to 14,078. Nasdaq soared 32 points to 2805 while S&P 500 gained 7 points to 1561. The 30-year bond edged up a the yield eased to 4.864%.
Thursday, October 11, 2007
Markets Close Lower Over Disappointing Sales
Disappointing retail sales and rising oil prices weighed down the markets to a lower close with the Dow tumbling 64 points to 14,015. Nasdaq plummeted 39 points to 2772 while S&P 500 lost 8 points to 1554. The 30-year bond eased as the yield edged up to 4.883%.
Markets Advance Despite Disappointing Sales
Despite disappointing September same store sales, the markets advanced during the midday with the Dow soaring 89 points to 14,168. Nasdaq surged 19 points to 2831 while S&P 500 climbed 11 points to 1574. The 30-year bond slipped as the yield rose to 4.907%.
Wednesday, October 10, 2007
Markets Close Mixed Over Profit Warnings
It was a mixed close for the markets as profit warnings weighed down the Dow. The blue chip index plunged 86 points to 14,079 while Nasdaq added 8 points to 2812. S&P 500 lost 3 points to 1562. The 30-year bond edged up as the yield eased to 4.863%.
Earnings Concerns Weigh Down Markets
Concerns about corporate earnings weighed down the markets during the midday with the Dow tumbling 76 points to 14,088. Nasdaq added a point to 2805 while S&P 500 lost 6 points to 1560. The 30-year bond edged up as the yield eased to 4.861%.
Tuesday, October 09, 2007
Markets Surge As Fed Notes Indicates More Rate Cuts
The markets surged to close sharply higher after minutes from the Federal Reserve's meeting indicated that the agency was inclined to cut interest rates further. The Dow leaped 121 points to 14,165 while Nasdaq climbed 17 points to 2804. S&P 500 soared 13 points to 1565. The 30-year bond eased as the yield edged up to 4.864%.
Markets Higher Ahead Of Earnings
The markets traded modestly higher ahead of earnings news with the Dow rising 25 points to 14,069. Nasdaq gained 7 points to 2794 while S&P 500 added 4 points to 1556. The 30-year bond edged up as the yield eased to 4.857%.
Monday, October 08, 2007
Markets Close Mixed Ahead Of Earnings
The markets closed mixed ahead of earnings with the Dow losing 22 points to 14,044. Nasdaq added 7 points to 2787 while S&P 500 slipped 5 points to 1553. The 30-year bond edged up as the yield eased to 4.861%.
Markets Extend Losses At Midday
The markets extended its losses during the midday with the Dow falling 45 points to 14,021. Nasdaq lost 4 points to 2776 while S&P 500 dropped 7 points to 1551. The 30-year bond edged up as the yield eased to 4.861%.
Friday, October 05, 2007
Upbeat Jobs Report Lifts Markets To Higher Close
An upbeat employment reported lifted the markets to a higher close with the Dow soaring 92 points to 14,066. Nasdaq leaped 47 points to 2780 while S&P 500 jumped 15 points to 1558. The 30-year bond dropped as the yield climbed to 4.871%.
Strong Jobs Report Lifts Markets Higher
A strong jobs report lifted the markets higher during the midday with the Dow soaring 92 points to 14,066. Nasdaq jumped 40 points to 2773 while S&P 500 climbed 12 points to 1555. The 30-year bond fell as the yield rose to 4.883%.
Thursday, October 04, 2007
Markets Close Modestly Higher
The markets closed modestly higher even as factory orders tumbled. The Dow added 6 points to 13,974 while Nasdaq rose 4 points to 2734. S&P 500 gained 3 points to 1543. The 30-year bond edged up as the yield eased to 4.767%.
Markets Flat As Factory Orders Drop
The markets traded near the flatline during the midday as factory orders dropped in August. The Dow eased 2 points to 13,966 while Nasdaq added a point to 2731. S&P 500 rose 2 points to 1541. Th3 30-year bond edged up as the yield eased to 4.783%.
Wednesday, October 03, 2007
Markets Close Lower Over Slowing Service Sector Growth
The markets retreated to close lower as growth in the service sector slowed. The Dow tumbled 79 points to 13,968 while Nasdaq dropped 18 points to 2729. S&P 500 lost 7 points to 1540. The 30-year bond eased as the yield edged up to 4.787%.
Markets Lower As Service Sector Growth Slows
Slowing growth in the service sector weighed down the markets during the midday with the Dow falling 34 points to 14,013. Nasdaq lost 3 points to 2744 while S&P 500 slipped 5 points to 1541. The 30-year bond eased as the yield edged up to 4.807%.
Tuesday, October 02, 2007
Markets Mixed Over Drop In Pending Home Sales
The markets closed mixed after a sharp drop in pending home sparked speculation of further rate cuts with the Dow falling 40 points to 14,047. Nasdaq gained 6 points to 2747 while S&P 500 held steady at 1547. The 30-year bond edged up as the yield eased to 4.778%.
Markets Lower As Pending Home Sales Drop
The markets traded lower during the midday as pending home sales drops to a record low in August. The Dow tumbled 68 points to 14,020 while Nasdaq lost 5 points to 2736. S&P 500 fell 4 points to 1543. The 30-year bond edged up as the yield slipped to 4.770%.
