Stocks reverse early gains, move slightly lower after surprising drop in home salesSeptember 24th, 2009 Stocks fail to hold on to gains after housing dataNEW YORK — A surprising drop in home sales sapped early gains in the stock market Thursday. Major stock indicators fell moderately after the National Association of Realtors said existing home sales declined 2.7 percent in August compared with a 7.2 percent rise in July.
Treasurys continue to gain ground as investor sell out of stocks, scoop up safer debtSeptember 11th, 2009 Treasury prices move higher as stocks falterNEW YORK — Treasury prices continued their march higher Friday, sending yields lower, as investors sold off stocks and moved into safer investments. In late trading, the price of the benchmark 10-year note edged up 1/32 to 102 8/32 and its yield remained flat at 3.35 percent from late Thursday.
Market rally loses steam but technology shares get a lift as Intel raises its sales forecastAugust 28th, 2009 Stocks mostly fall; Intel news boosts tech sharesNEW YORK — Stocks were searching for direction Friday as investors hesitated to extend the market's recent rally despite an improved outlook from Intel Corp. Major stock indicators got an initial boost after the world's largest maker of computer chips raised the top end of its sales forecast for the current quarter from $8.9 billion to $9.2 billion.
Stocks edge lower in early trading after durable goods order report, breaking winning streakAugust 26th, 2009 Stocks dip at open after 6-day advance in the DowNEW YORK — Stocks edged lower in early trading Wednesday as investors awaited more data on the housing industry. The dip in stocks came after a more than 400-point jump in the Dow Jones industrials in just six days.
Stocks open modestly higher as investors look to build on market's recent momentumAugust 24th, 2009 Stocks open higher, investors build on momentumNEW YORK — Investors are building on last week's momentum that sent major indexes to their highest levels of the year, pushing stocks higher in early trading. The moderate advance Monday follows gains in overseas markets.
US stocks edge higher despite weak jobs data, supported by gains in global marketsAugust 20th, 2009 Stocks edge higher after overseas markets reboundNEW YORK — Stocks edged higher in early trading Thursday, despite a worse-than-expected weekly jobs report. The Labor Department said new claims for unemployment benefits jumped unexpectedly to 576,000 last week.
Stocks open moderately higher after better-than-expected weekly jobless claims reportAugust 6th, 2009 Stocks open higher after jobless claims reportNEW YORK — New evidence that layoffs are stabilizing is helping to lift stocks in early trading. The Labor Department said Thursday that new claims for unemployment benefits fell to a seasonally adjusted 550,000 last week from an upwardly revised figure of 588,000 in the previous week.
Stocks decline modestly in early trading on mixed earnings; investors grow cautiousJuly 28th, 2009 Stocks fall modestly in early tradingNEW YORK — Stocks are falling modestly in early trading despite a better-than-expected report on retail sales. The U.S. market has risen sharply throughout the spring and summer on hopes of a recovery.
Stocks move slightly higher on last day of 2Q, consumer confidence data expectedJune 30th, 2009 Stocks move slightly higher ahead of dataNEW YORK — Stocks are slightly higher in early trading Tuesday with the market on track for its best quarterly performance in more than a decade. After a relatively quiet day of trading Monday, investors are hungry for more signs that the economy is actually growing.
Stocks begin holiday-shortened week in positive territory, investors await week's key dataJune 29th, 2009 Stocks open higher ahead of week's key dataNEW YORK — Investors are beginning a holiday-shortened week on a positive note. Stocks are slightly higher in early trading Monday, following mixed moves in overseas markets.
Stocks turn lower, breaking a 4-day advance, despite better indicator on factory ordersJune 3rd, 2009 Better data on factory orders fails to lift stocksNEW YORK — Investors are sending stocks lower, finding little comfort in data showing an ease of the economy's slide. The slide early Wednesday broke a four-day advance in the market, and many analysts said a pullback was due after the strong rise since last week.
Stocks adance modestly as investors look to hold gains, await data on pending home salesJune 2nd, 2009 Wall Street rises modestly a day after surgeNEW YORK — Investors are gently adding to their gains a day after rushing into the stock market. Stocks rose modestly early Tuesday as investors showed optimism but also a little caution after Monday's huge gains that followed a series of upbeat economic readings.
Investors send stocks lower, putting 2-month rally on hold to lock in gainsMay 11th, 2009 Wall Street falls following steep rally last weekNEW YORK — Investors cashed in some of their gains Monday as financial stocks pulled back following last week's advance. Three banks that passed the government's "stress tests" last week said they plan to issue shares to help repay public loans they received last fall.
Investors turn cautious after big gains, await bank stress test results, economic dataMay 5th, 2009 Stocks mixed after prior day's big gainsNEW YORK — Caution returned to Wall Street Tuesday ahead of results of the government's stress tests of banks. Stocks were narrowly mixed in early trading following a big advance Monday that sent one key Wall Street indicator, the Standard & Poor's 500 index, into positive territory for the year and the Dow Jones industrials up more than 200 points.
Stocks fall in early trading as Morgan Stanley results fall short of expectationsApril 22nd, 2009 Lackluster earnings reports send Wall Street lowerNEW YORK — Investors unnerved by mixed news from corporate earnings reports sent stocks lower in early trading Wednesday. Morgan Stanley reported a wider-than-expected loss for the first quarter and reduced its dividend.
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