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2009-09-15 09:33:41

U.S. markets slid early Tuesday despite a New York Federal Reserve Bank report that said business conditions have improved. In its monthly manufacturing survey, the New York Fed said the general business conditions index for the Empire State rose 7 points to 18.9, its highest level since late 2007. In midmorning trading, the Dow Jones industrial average dropped 10.43 points, 0.11 percent, to 9,616.37. The Standard & Poor's 500 lost 0.23 percent, 2.41 points, to 1,046.93. The Nasdaq...

2009-09-14 15:30:27

U.S. markets headed turned in positive numbers Monday on the eve of the anniversary of Lehman Brothers filing for bankruptcy. President Barack Obama addressed the financial community from Federal Hall on Wall Street to press his case for regulatory reform and provide reassurances that the government wants to get out of the bailout business. Markets were in the red most of the day, but climbed to higher ground by the close. The Dow Jones industrial average closed up 21.39 points, 0.22 percent,...

2009-09-14 12:34:11

U.S. markets headed lower Monday on the eve of the anniversary of Lehman Brothers filing for bankruptcy. President Barack Obama addressed the financial community Monday from Federal Hall on Wall Street to press his case for regulatory reform and provide reassurances that the government wants to get out of the bailout business. In early afternoon trading, the Dow Jones industrial average lost 29.32 points, 0.31 percent, to 9,576.09. The Standard & Poor's 500 fell 0.12 percent, 1.27 points,...

2009-09-14 09:26:03

U.S. markets headed lower Monday morning on the eve of the anniversary of Lehman Brothers filing for bankruptcy. President Barack Obama was scheduled to address the financial community Monday from Federal Hall to press his case for regulatory reform and provide reassurances that the government wants to get out of the bailout business. In midmorning trading, the Dow Jones industrial average lost 41.86 points, 0.44 percent, to 9,563.55. The Standard & Poor's 500 fell 0.39 percent, 5.10...

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2009-09-11 15:38:46

U.S. markets closed slightly lower Friday, a day after U.S. Treasury Secretary Timothy Geithner said the economy was presumed to be growing. The consensus among private forecasters is that our economy is now growing; the financial system is showing signs of repair ... It is clear we have stepped back from the brink, Geithner told members of the Congressional Oversight Panel monitoring the financial recovery effort. By close, the Dow Jones industrial average lost 0.23 percent or 22.07 points,...

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2009-09-11 12:13:23

U.S. markets wobbled up and down Friday, a day after U.S. Treasury Secretary Timothy Geithner said the economy was presumed to be growing. The consensus among private forecasters is that our economy is now growing; the financial system is showing signs of repair ... It is clear we have stepped back from the brink, Geithner told members of the Congressional Oversight Panel monitoring the financial recovery effort. In early afternoon trading, the Dow Jones industrial average dropped early...

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2009-09-11 09:16:32

U.S. markets turned up Friday morning a day after U.S. Treasury Secretary Timothy Geithner said the economy was presumed to be growing. The consensus among private forecasters is that our economy is now growing; the financial system is showing signs of repair ... It is clear we have stepped back from the brink, Geithner told members of the Congressional Oversight Panel monitoring the financial recovery effort. In midmorning trading, the Dow Jones industrial average pulled ahead after a slow...

2009-09-10 12:57:11

U.S. markets pulled ahead after a hesitant start Thursday after the Labor Department announced a substantial drop in first time unemployment claims. The Labor Department said first time jobless claims dropped by 26,000 in the week ending Sept. 5. with 550,000 claims filed. The four-week rolling average for first time claims also declined, falling by 2,750 to 570,000. In early afternoon trading, the Dow Jones industrial average gained 60.61 points, 0.63 percent, to 9,607.83. The Standard &...

2009-09-10 15:25:26

U.S. markets pulled ahead after a hesitant start Thursday after the Labor Department announced a substantial drop in first time unemployment claims. The Labor Department said first time jobless claims dropped by 26,000 in the week ending Sept. 5, with 550,000 claims filed. The four-week rolling average for first time claims also declined, falling by 2,750 to 570,000. By close, the Dow Jones industrial average gained 80.26 points, 0.84 percent, to 9,627.48. The Standard & Poor's 500 index...

2009-09-10 09:12:05

U.S. markets wavered Thursday morning after two days of advances despite a drop in weekly unemployment benefit claims. The Labor Department said first time jobless claims dropped by 26,000 in the week ending Sept. 5. with 550,000 claims filed. The four-week rolling average for first time claims also declined, falling by 2,750 to 570,000. In midmorning trading, the Dow Jones industrial average lost 22.29 points, 0.23 percent, to 9,524.93. The Standard & Poor's 500 index lost 0.38 percent,...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.