Dow Jones Falls 634 Points As Investors Overreact To S&P Downgrading US Debt
Stock markets continued to fall Monday, responding to the S&P’s U.S. credit downgrade, although many analysts think that the sell-off is an overreaction
Stock markets continued to fall Monday, responding to the S&P’s U.S. credit downgrade, although many analysts think that the sell-off is an overreaction
The Dow Jones industrial Average had a fantastic day, closing up 202 points, or 1.4%, its biggest gain in 2011 to date
Twelve days after the phone-hacking scandal broke to the worldwide media, News Corp. founder and CEO, Rupert Murdoch has apologized – in full-page ads taken out in seven British newspapers
Geopolitical news, including Japan’s earthquake and subsequent tsunami, and Middle East upheaval, continue to affect the markets, as crude oil fell Friday, capping the first weekly drop in a month, after Japan’s strongest earthquake on record shut refineries, while dissidents in Saudi Arabia failed to stage planned protests
A positive profit forecast from Bank of America and a drop in oil prices lifted Wall Street Tuesday in yet another indication of the market’s near-term resilience
Global stocks dropped Monday as unrest in Libya grew and other Middle Eastern countries pushed the prices of oil and gold higher, increasing concerns about a global economic recovery
Investors overcame the uncertainty of the Middle East to push U.S. markets to two-year highs Tuesday
Both the S&P 500 and the Dow Jones Indusrtrial Average rose about 14% for the year, including dividends
Both the S&P 500 and the Dow Jones Indusrtrial Average rose about 14% for the year, including dividends
U.S. stocks surged 258 points Wednesday.