Dow stages late 100-point rally

(CNNMoney.com) -- Blue chips rallied late Wednesday, supporting the broader market, after a Federal Reserve report on the economy added to hopes that the pace of the slowdown is easing.

An unclear outlook from bellwether Intel late Tuesday kept the tech-fueled Nasdaq from posting similar gains.

The Dow Jones industrial average (INDU) gained 109 points, or 1.4%. The S&P 500 (SPX) index gained 10 points, or 1.3%. The Nasdaq composite (COMP) added 1 point, or 0.1%.

Tech shares dragged on the broad market, while consumer, housing, industrial and commodity shares kept losses in check.

Stocks roiled Monday and fell Tuesday in a choppy start to the week following a five-week run. The advance has been driven by bets that the pace of the recession is slowing. A Federal Reserve report released Wednesday afternoon added to those bets.

The Fed's "Beige Book" periodic reading on the economy showed that overall activity stayed weak or got worse. But five of the 12 districts showed a slowdown in the pace of decline and a few more districts showed certain parts of the economy were stabilizing.

"A lot of recent reports are showing that things might be flattening out and bottoming and the Beige Book seemed to indicate that too," said Stacey Shreft, director of investment strategy at The Mutual Fund Store. "That's good, but it's going to be important that the next set of data that come out reinforce it."

Despite some optimism about the economy, the speed of the stock rally has left Wall Street vulnerable to a bit of a pullback.

In five weeks, the Dow gained 22%, its biggest consecutive five-week run on a percentage basis since 1933, when it gained 31%. The run up followed a rout that left the Dow and S&P 500 at 12-year lows and the Nasdaq at 6-year lows.

This week, stocks have been seesawing.

"I think this is a necessary consolidation at the start of what is supposed to be one of the worst reporting periods in years," said John Forelli, portfolio manager at Independence Investments.

But he said that any consolidation this time is likely to be more modest than the selloffs that followed other big rallies over the last six months.

"Investor sentiment has been improving because there's more confidence about the financial sector," he said. "There could be a 10 or 15% selloff after the rally, but there isn't the sense of panic that would cause a 25% selloff."

Read more at CNNMoney

US STOCKS-S&P drops 1 percent as Bear Stearns sinks

(Reuters) - NEW YORK, Aug 3 - U S. stocks dropped on Friday,
with the S&P 500 losing more than 1 percent, after Standard &
Poor's cut Bear Stearns Cos. Inc.'s rating outlook,
dragging down shares of the investment bank and other
financial-sector stocks.




The Dow Jones industrial average was down 118.52
points, or 0.88 percent, at 13,344.81. The Standard & Poor's
500 Index was down 14.72 points, or 1.00 percent, at
1,457.48. The Nasdaq Composite Index was down 21.67
points, or 0.84 percent, at 2,554.31.


Read more at Reuters.com Bonds News

US STOCKS-Indexes gain on profit hopes in seesaw trading

(Reuters) - The Dow Jones industrial average was up 57.72
points, or 0.44 percent, at 13,323.19. The Standard & Poor's
500 Index was up 7.79 points, or 0.53 percent, at
1,466.74. The Nasdaq Composite Index was up 12.69
points, or 0.50 percent, at 2,574.93.




Read more at Reuters.com Bonds News

US STOCKS-Indexes fall as credit concerns remain

(Reuters) - The Dow Jones industrial average was down 51.37
points, or 0.38 percent, at 13,422.20. The Standard & Poor's
500 Index was down 6.63 points, or 0.45 percent, at
1,476.03. The Nasdaq Composite Index was down 11.50
points, or 0.44 percent, at 2,587.84.




Read more at Reuters.com Bonds News

Global stocks lower on credit woes

(Reuters) - As U.S. stocks continued to fall after a sharply lower opening, the decline triggered the New York Stock Exchange's downside restrictions on program trading at 11:06 a.m. ET.




At 11:42 a.m. the Dow Jones industrial average was down 202.41 points, or 1.47 percent, at 13,582.66. The Standard & Poor's 500 Index was down 26.88 points, or 1.77 percent, at 1,491.21 and the Nasdaq Composite Index was down 42.47 points, or 1.60 percent, at 2,605.70.


Read more at Reuters.com Hot Stocks News

US STOCKS-Indexes fall 1 percent on subprime worries, Bernanke

(Reuters) - The Dow Jones industrial average was down 143.72
points, or 1.03 percent, at 13,827.83. The Standard & Poor's
500 Index was down 15.70 points, or 1.01 percent, at
1,533.67. The Nasdaq Composite Index was down 38.03
points, or 1.40 percent, at 2,674.26.




Read more at Reuters.com Bonds News

US STOCKS-Economic data and Apple push Nasdaq higher

(Reuters) - The Dow Jones industrial average was down 11.06
points, or 0.08 percent, at 13,566.24. The Standard & Poor's
500 Index was up 0.56 points, or 0.04 percent, at
1,525.43. The Nasdaq Composite Index was up 11.70
points, or 0.44 percent, at 2,656.65.




Read more at Reuters.com Bonds News

US STOCKS-Indexes turn lower on oil, subprime jitters

(Reuters) - NEW YORK, June 25 - U.S. stocks turned lower on
Monday as oil futures pared their losses and more worries about
the subprime mortgage market swirled.




The Dow Jones industrial average was down 11.71
points, or 0.09 percent, at 13,348.55. The Standard & Poor's
500 Index was down 4.26 points, or 0.28 percent, at
1,498.30. The Nasdaq Composite Index was down 10.70
points, or 0.41 percent, at 2,578.26.


Read more at Reuters.com Bonds News

US STOCKS-Indexes open down slightly; Best Buy disappoints

(Reuters) - The Dow Jones industrial average was down 17.88
points, or 0.13 percent, at 13,595.10. The Standard & Poor's
500 Index was down 1.44 points, or 0.09 percent, at
1,529.61. The Nasdaq Composite Index was down 6.52
points, or 0.25 percent, at 2,620.08.




Read more at Reuters.com Bonds News

US STOCKS-Shares fall after news of U.S. duties on China

(Reuters) - The dollar also fell after the news, while crude oil prices rose further, putting stock investors on edge.

The Dow Jones industrial average was down 71.79 points, or 0.58 percent, at 12,276.96. The Standard & Poor's 500 Index was down 9.80 points, or 0.69 percent, at 1,412.73. The Nasdaq Composite Index was down 9.62 points, or 0.40 percent, at 2,408.26.


Read more at Reuters.com Bonds News

Dow Average Falls for 1st Time in 6 Days as Citigroup Declines

The Dow Jones Industrial Average fell for the first time in six days, led by financial and industrial companies, after an unexpected decline in new-home sales heightened concern that economic growth will slow.

Citigroup Inc. pulled banks lower, while Honeywell International Inc. paced losses among industrial shares on concern the deteriorating housing market will reduce demand for loans and construction equipment. A jump in oil prices spurred gains in energy shares, lifting the Standard & Poor's 500 Index to its fifth advance in six days. Dell Inc. helped boost the Nasdaq Composite Index.

The fewest new home sales in seven years dimmed prospects for a quick rebound in real estate. The Commerce Department's report curtailed a rally that lifted stocks to their biggest weekly advance in four years.

Read more at Bloomberg.com

US stock indexes rise as investors search for bargains

U.S. stocks rose, reversing earlier losses in volatile trading, on Monday as investors viewed last week's sell-off as providing buying opportunities.

The Dow Jones industrial average was up 34.76 points, or 0.29 percent, at 12,148.86. The Standard & Poor's 500 Index

was up 0.87 points, or 0.06 percent, at 1,388.04. The Nasdaq Composite Index was up 2.34 points, or 0.10 percent, at 2,370.34

Read more at Reuters South Africa

Stocks fall, but recover from heavy early losses

Stocks fell Thursday morning, recovering slightly from deep declines amid more losses in Asian and European markets

Stocks fell Thursday morning, recovering slightly from deep declines amid more losses in Asian and European markets, mixed economic data, comments from a Japanese official about the yen and more concerns about the subprime-lending industry.

The Dow Jones Industrial Average fell 66.01 to 12202.62. The S&P 500 lost 8.37 to 1398.35, and the Nasdaq Composite Index was off 25.14 to 2391.01.

Asian-Pacific shares ended mixed Thursday, with China and Japan declining. The Shanghai's stock market was back to its losing ways on Thursday, dropping 2.9%, and the Nikkei 225 finished 0.9% lower in Tokyo. European markets also turned lower, with London's FTSE 100 down 1.5%.

Read more at MoneyWeb.co.za

US stocks rise at open on techs, rates view

U.S. stocks rose on Thursday after a key inflation gauge underscored hopes for steady interest rates and technology stocks rose after news that Dell Inc. Chairman Michael Dell would resume his duties as chief executive.

The Dow Jones industrial average was up 17.78 points, or 0.14 percent, at 12,639.47. The Standard & Poor's 500 Index was up 2.24 points, or 0.16 percent, at 1,440.48. The Nasdaq Composite Index was up 9.63 points, or 0.39 percent, at 2,473.56.

Read more at Reuters South Africa

US stock market starts higher on durables, Caterpillar

U.S. stocks rebounded on Friday after a stronger-than-expected forecast from Caterpillar Inc. and data showing orders for durable goods above Wall Street estimates.

The Dow Jones industrial average was up 14.42 points, or 0.12 percent, at 12,516.98. The Standard and Poor's 500 Index was up 1.01 points, or 0.07 percent, at 1,424.91. The Nasdaq Composite Index was up 6.86 points, or 0.28 percent, at 2,441.10

Read Full Article at Reuters South Africa