Unexpectedly steep September job losses send stocks lower, extending market's recent slideOctober 2nd, 2009 Stocks fall as job losses rise more than expectedNEW YORK — Stocks dropped sharply early Friday after the government said more jobs were lost in September than expected. The Labor Department said employers cut 263,000 jobs last month, up from 201,000 in August.
Stocks waver as market absorbs mixed news on home prices and consumer confidenceSeptember 30th, 2009 Stocks waver on housing, consumer confidence dataNEW YORK — The latest batch of mixed economic data is making it difficult for stocks to take direction. Stocks wavered early Tuesday after the Conference Board said its consumer confidence index fell to 53.1 in September, down from 54.5 in August, and much lower than the reading of 57 that economists had been expecting.
Stocks reverse early gains after disappointing reading on consumer confidenceSeptember 30th, 2009 Drop in consumer confidence pulls stocks lowerNEW YORK — Stocks have reversed early gains and are falling on a report showing Americans are still downbeat on the economy. The Conference Board says its consumer confidence index fell to 53.1 in September, down from 54.5 in August, and much lower than the reading of 57 that economists expected.
US stocks fall despite housing gainsSeptember 29th, 2009 NEW YORK - US stocks fell Tuesday amid a drop in consumer confidence and concerns about unemployment, even as data showed housing prices soared in July by the most in four years. Consumer confidence dropped fell to 53.1 points from a revised 54.5 in August, amid rising unemployment, the New York-based Conference Board said Tuesday.
Major indexes fall in early dealings amid concerns about US-China trade disputeSeptember 14th, 2009 Stocks head lower on US-China trade concernsNEW YORK — Stocks fell in morning trading Monday amid concerns about a growing trade dispute between the U.S. and China. Overseas markets fell on worries about tensions between two of the world's largest economies.
US stocks end week lower after five days of gainsSeptember 11th, 2009 NEW YORK - US stocks edged lower Friday after five straight days of gains, signalling some lingering concerns about the economy among investors despite upbeat consumer confidence figures. An index by the University of Michigan and Reuters found consumer confidence climbed to 70.2 in September from 65.7 in August, beating analysts' expectations.
Stocks rally after jump in consumer confidence, Bernanke's reappointment as Fed chairmanAugust 25th, 2009 Stocks rally after jump in consumer confidenceNEW YORK — Stocks are rallying after a report that shows consumers are starting to feel a little more confident about the economy. The Conference Board's Consumer Confidence index rose to 54.1 this month from 46.6 in July and far above the 47.5 reading analysts expected.
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 stock futures plunge on concerns of consumer spending; overseas markets also slideAugust 17th, 2009 Stock futures point to plunge on Wall StreetStocks looked to plunge at the opening of trading Monday and Treasury prices soared as investors around the world feared that consumers are too anxious to help lift the economy into recovery. U.S. stock futures fell sharply after overseas markets extended the heavy selling that began on Wall Street Friday.
US stocks plunge on concerns of consumer spending; overseas markets slide as wellAugust 17th, 2009 Stocks plunge at opening on Wall StreetInvestors' rising fears about consumer spending are turning stocks into a risky investment again. Stocks plunged and Treasury prices soared Monday as investors around the world feared that consumers are too anxious to lift the economy into recovery.
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 slide despite reports showing uptick in consumer spending, more healing in housingAugust 4th, 2009 Stocks drift lower, investors pause from rallyNEW YORK — Stocks drifted lower Tuesday, taking a break from a huge rally, as more signs of healing in the housing market and an uptick in consumer spending failed to spur buying. The dip comes after a three-week-long surge that catapulted the Standard & Poor's 500 index past the 1,000 mark on Monday for the first time since November.
Most US stocks fall on low consumer confidenceJuly 28th, 2009 NEW YORK - Most US stocks edged lower Tuesday after a private group reported an unexpected setback in a benchmark consumer confidence survey. The New York-based Conference Board's consumer-confidence index fell to 46.6 in July from 49.3 in June on concerns about the job market.
Stocks fall as July consumer confidence falls; investors remain cautious about mixed earningsJuly 28th, 2009 Stocks slide as July consumer confidence fallsNEW YORK — Jitters about the economy are putting the stock market rally on hold again. Stocks fell moderately Tuesday after a private research group said consumer confidence fell more than expected in July.
Stocks fluctuate in narrow range as consumer confidence blows past analyst forecasts in AprilApril 28th, 2009 Jump in consumer confidence gives boost to stocksNEW YORK — Investors are setting aside some of their worries about the economy as a closely watched measure of consumer confidence soars in April. Stocks had been lower on worries about fallout from the swine flu and banks that may need to raise capital following government "stress tests."
But a midmorning report showing a surge in consumer confidence tempered those concerns.