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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,...

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2009-09-09 15:34:52

U.S. stock indexes turned higher Wednesday, despite a record drop in consumer credit in July. The U.S. Federal Reserve said Tuesday that consumer credit dropped by $26.1 billion in July with a $6.1 billion decline in revolving debt and a $15.4 billion fall in non-revolving debt. By close, the Dow Jones industrial average added 49.88 points, 0.53 percent, to 9,547.22. The Standard & Poor's 500 rose 0.78 percent, 7.98 points, to 1,033.37. The Nasdaq index gained 1.11 percent, 22.62 points,...

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2009-09-09 12:45:13

U.S. stock indexes turned higher Wednesday, despite a record drop in consumer credit in July. The U.S. Federal Reserve said Tuesday that consumer credit dropped by $26.1 billion in July with a $6.1 billion decline in revolving debt and a $15.4 billion fall in non-revolving debt. Despite the pull back from borrowing, the Dow Jones industrial average added 61.07 points, 0.64 percent, to 9,557.58 in early afternoon trading. The Standard & Poor's 500 rose 0.92 percent, 9.39 points, to...

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2009-09-09 09:20:41

U.S. stock indexes turned higher Wednesday morning, despite a record drop in consumer credit in July. The U.S. Federal Reserve said Tuesday that consumer credit dropped by $26.1 billion in July with a $6.1 billion decline in revolving debt and a $15.4 billion fall in non-revolving debt. Despite the pull back from borrowing, the Dow Jones industrial average added 32.35 points, 0.34 percent, to 9,529.69 in midmorning trading. The Standard & Poor's 500 rose 0.38 percent, 3.87 points, to...


Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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