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Corporate News, Easing Euro Fears Send Wall Street Rallying
Wednesday, September 7, 2011 - 10:08am | 153Read More...FOX Business: The Power to Prosper A slew of upbeat corporate news, combined with headlines from Europe that eased worries over the region's sovereign debt crisis, sparked a broad rally after the opening bell on Wednesday. Today's Markets As of 9:32 a.m. ET, the Dow Jones Industrial Average...
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Euro Debt, Economic Fears Incite Selling Frenzy
Tuesday, September 6, 2011 - 10:08am | 149Read More...FOX Business: The Power to Prosper The escalating euro zone debt crisis, combined with a wide array of economic concerns, sent the blue chips diving by more than 270 points after the opening bell on Tuesday on the heels of a steep selloff last week. Today's Markets As of 9:32 a.m. ET, the Dow...
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Stalling Job Growth Ignites Selloff
Friday, September 2, 2011 - 10:06am | 75Read More...FOX Business: The Power to Prosper Wall Street kicked off the second trading session of the month with heavy losses after fresh data showed the labor market essentially stalled last month. Today's Markets As of 9:41 a.m. ET, the Dow Jones Industrial Average slumped 245 points, or 2.1%, to 11,...
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Wall Street Opens on the Fence, Manufacturing Data Awaited
Thursday, September 1, 2011 - 10:13am | 101Read More...FOX Business: The Power to Prosper The markets opened on the fence as traders mulled a slew of economic data, retail sales reports, and awaited a closely-watched manufacturing survey. Today's Markets As of 9:32 a.m. ET, the Dow Jones Industrial Average fell 8.7 points, or 0.07%, to 11,606, the...
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Report: U.S. Probes Oracle on African Deals
Wednesday, August 31, 2011 - 10:08am | 78Read More...U.S. authorities are investigating whether business software maker Oracle Corp's deals in Africa violated federal anti-bribery laws, the Wall Street Journal reported, citing sources familiar with the matter. Agents in the Federal Bureau of Investigation's (FBI) Washington field office and fraud...
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Wall Street Opens Lower, Dollar Climbs
Tuesday, August 30, 2011 - 10:07am | 81Read More...FOX Business: The Power to Prosper The markets opened in the red as traders cashed in on gains following a strong rally in the last session and mulled a stronger dollar and concerns over the housing sector. Today's Markets As of 9:32 a.m. ET, the Dow Jones Industrial Average fell 46.7 points,...
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Guessing Game Begins on Irene Insured Losses
Monday, August 29, 2011 - 10:10am | 73Read More...Hurricane Irene is expected to have caused substantial property losses, though figures are still hard to come by because of uncertainty about wind damage, catastrophe modeling company Eqecat said on Monday. Shares in some of the world's largest reinsurers rose in early trading, though, as traders...
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Economic Worries Spark Selloff, Traders Await Bernanke
Friday, August 26, 2011 - 10:00am | 96Read More...FOX Business: The Power to Prosper A downward revision to second-quarter economic output sent stocks falling ahead of a highly-anticipated speech by Federal Reserve Chairman Ben Bernanke. Today's Markets As of 9:46 a.m. ET, the Dow Jones Industrial Average fell 116 points, or 1%, to 11,035, the...
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Stocks Rise on Bank of America News
Thursday, August 25, 2011 - 10:09am | 71Read More...FOX Business: The Power to Prosper The markets were modestly higher after news Berkshire Hathaway will invest $5 billion in Bank of America overshadowed a weak jobless claims report. Today's Markets As of 9:44 a.m. ET, the Dow Jones Industrial Average rose 32 points, or 0.3%, to 11,354, the S...
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Fool's Gold: Some Gold Bulls Say Now's Time to Cash In
Wednesday, August 24, 2011 - 10:11am | 86Read More...As gold prices near $2,000 an ounce, some bulls say it's time to take money off the table after the safe-haven rally extended too far, too fast in recent weeks. Gold investors at several firms said gold prices could correct sharply, citing overvaluation. While that does not mean prominent bulls...
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Wall Street Opens Higher Ahead of Data
Tuesday, August 23, 2011 - 10:12am | 113Read More...FOX Business: The Power to Prosper The markets opened in the green on Tuesday as traders mulled better-than-expected manufacturing data from China, and awaited a report on the U.S. housing sector. Today's Markets As of 9:32 a.m. ET, the Dow Jones Industrial Average gained 67.8 points, or 0.64...
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Rebound: Stocks Race Higher Out of the Gate
Monday, August 22, 2011 - 10:12am | 75Read More...FOX Business: The Power to Prosper The blue chips kicked off the day with a triple-digit rally as traders scooped up equities that were knocked down during last week's steep retreat. Today's Markets As of 9:32 a.m. ET, the Dow Jones Industrial Average jumped 171 points, or 1.6%, to 10,993, the...
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Dow Sheds Steep Losses, But H-P Drags
Friday, August 19, 2011 - 10:04am | 77Read More...FOX Business: The Power to Prosper The blue chips pared triple-point losses within ten minutes of trading, but tumbling Hewlett-Packard shares kept the Dow in the red. Meanwhile, the Nasdaq turned modestly higher. Today's Markets As of 9:40 a.m. ET, the Dow Jones Industrial Average slid 33.9...
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Wall Street Plunges Amid Euro, Economic Fears; Dow Dives 340
Thursday, August 18, 2011 - 10:09am | 79Read More...FOX Business: The Power to Prosper The markets were under intense selling pressure, with the blue chips plummeting more than 340 points, after escalating euro zone sovereign debt and global economic concerns sent traders fleeing equities. Today's Markets As of 9:50 a.m ET, the Dow Jones...
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Stocks Rise as Traders Balance Inflation, Corporate Data
Wednesday, August 17, 2011 - 10:09am | 143Read More...FOX Business: The Power to Prosper The markets edged higher on Wednesday as traders balanced a report showing inflation at the producer level grew quicker than expected and a slew of corporate earnings. Today's Markets As of 9:32 a.m. ET, the Dow Jones Industrial Average climbed 50.8 points, or...

