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2009-09-30 12:41:24

U.S. stock markets turned higher after a slow start Wednesday, as a final gross domestic product estimate beat expectations. The third and final government estimate of second quarter productivity said the GDP shrank 0.7 percent, rather than the previously reported 1 percent. Automatic Data Processing Inc. said non-farm private jobs decreased by 254,000 in the month, a smaller loss than July to August, which was revised to a decline of 277,000. In early afternoon trading, the Dow Jones...

2009-09-30 16:16:44

U.S. stock markets closed lower Wednesday, despite a gross domestic product estimate that beat expectations. The third and final government estimate of second quarter productivity said the GDP shrank 0.7 percent, rather than the previously reported 1 percent. Automatic Data Processing Inc. said non-farm private jobs decreased by 254,000 in the month, a smaller loss than July to August, which was revised to a decline of 277,000. The Dow Jones industrial average crossed the break-even point...

2009-09-30 09:42:23

U.S. stock markets turned down Wednesday, heading lower for the second consecutive day on an August to September job report. Automatic Data Processing Inc. said non-farm private jobs decreased by 254,000 in the month, a smaller loss than July to August, which was revised to a decline of 277,000. While an improvement from previous months, the data added up to more U.S. workers unemployed than a month ago. The construction sector lost 73,000 jobs. But it was the thirty-second consecutive...

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2009-09-29 12:21:51

U.S. markets were mixed Tuesday as a closely watched index of home prices showed mixed results. The S&P/Case-Shiller Home Price Index showed the 10-City and 20-City composite listings, while still negative, have improved for six months. In early afternoon trading, the Dow Jones industrial average lost 5.51 points, 0.06 percent, to 9,783.85. The Standard & Poor's 500 added 1.49 points, 0.14 percent, to 1,064.53. The Nasdaq composite index lost 0.77 points, 0.04 percent, to 2,129.97....

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2009-09-29 15:36:34

U.S. markets closed lower Tuesday as a closely watched index of home prices showed mixed results. The S&P/Case-Shiller Home Price Index showed the 10-City and 20-City composite listings, while still negative, have improved for six months. By close, the Dow Jones industrial average lost 47.16 points, 0.48 percent, to 9,742.20. The Standard & Poor's 500 shed 2.37 points, 0.22 percent, to 1,060.61. The Nasdaq composite index lost 6.70 points, 0.31 percent, to 2,124.04. On the New York...

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2009-09-29 09:20:43

U.S. markets slipped Tuesday morning as a closely watched index of home prices showed mixed results. The S&P/Case-Shiller Home Price Index showed the 10-City and 20-City composite listings, while still negative, have improved for six months. In midmorning trading, the Dow Jones industrial average lost 7.33 points, 0.07 percent, to 9,782.03. The Standard & Poor's 500 shed 0.01 points, less than 0.01 percent, to 1,062.97. The Nasdaq composite index lost 1.66 points, 0.08 percent, to...

2009-09-28 09:45:23

U.S. markets shot up Monday morning despite mixed reports on durable goods orders and home sales. In midmorning trading, the Dow Jones industrial average jumped 1.41 percent, 135.96 points, to 9,801.15. The Standard & Poor's 500 added 16.12 points, 1.54 percent, to 1,060.50. The Nasdaq index gained 1.96 percent, 40.89 points, to 2,131.81. The benchmark 10-year Treasury rose 3/32 to yield 3.311 percent. Durable goods orders dropped 2.4 percent in August while new home sales rose 0.7...

2009-09-25 12:18:09

U.S. markets fell Friday as Group of 20 world leaders met for the second day of an economic summit in Pittsburgh. President Barack Obama is scheduled to announce the G20 nations had superseded the longer-standing Group of 8 on economic issues. But Peter Morici, a former chief economist with the U.S. International Trade Commission said the announcement is not Earth shattering. It merely recognizes reality, he said. In early afternoon trading, the Dow Jones industrial lost 55.77 points, 0.57...

2009-09-25 09:41:24

U.S. markets were mixed Friday morning as Group of 20 world leaders met for the second day of an economic summit in Pittsburgh. President Barack Obama is scheduled to announce the G20 nations had superseded the longer-standing Group of 8 on economic issues. But Peter Morici, a former chief economist with the U.S. International Trade Commission said the announcement is not Earth shattering. It merely recognizes reality, he said. In midmorning trading, the Dow Jones industrial gained 20.03...

2009-09-24 16:02:46

U.S. markets stumbled Thursday after the National Association of Realtors said existing home sales fell 2.7 percent in August. The downturn ended a four-month streak of gains as sales fell to an adjusted annual rate of 5.1 million units, the NAR said. By close, the DJIA lost 0.42 percent, 41.11 points, to 9,707.44. The Standard & Poor's 500 fell 0.95 percent, 10.09 points, to 1,050.78. The Nasdaq composite index fell 1.12 percent, 23.81 points, to 2,107.61. On the New York Stock Exchange,...


Word of the Day
bellycheer
  • Good cheer; viands.
  • To revel; to feast.
The word 'bellycheer' may come from 'belle cheer', "good cheer".
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