US Stocks Rally On Earnings And CIT Rescue
U.S. markets rallied on Monday after weak start as CIT Group reached a deal with key bondholders to avert bankruptcy and better than expected earnings combined to push stocks higher.The 30-stock Dow Jones industrial average was up 1.19 percent,up 104.21 points ...more...
Monday,20 July 2009
U.S. Stocks Surged Led By Financials
U.S. Stocks surged on Monday,led by rally in the financial sector.The 30-stock Dow Jones industrial average was up 2.27 percent,up 185.16 points to 8331.68. The broad Standard & Poor's 500 index was up..more...
Monday,13 July 2009
US Stocks Ended Lower, But Tech Gained
Stocks ended down on Wall Street as Chevron lead the Dow Jones Industrial Average lower as oil prices plunged.Technology shares rose after Goldman Sachs upgrade on the hardware.On Friday, the 30-stock Dow Jones industrial average was down 0.45 percent,down 36.65 points..more...
Friday,10 July 2009
Dow Up More Than 1 percent As Crude Oil Gains
Wall Street closed higher on Thursday as crude prices rose and the Treasury bond auction eased concerns about government debt.Energy stocks rallies as crude oil rose $1.63 to close at $65.08 a barrel on the New York Mercantile..more...
Thursday,28 May 2009
Dow drops 2 percent as GM shares slump
US Markets closed sharply lower on Wednesday due to GM,as the automaker moved one step closer to Chapter 11 bankruptcy filing and increased economic concerns.US Markets traded flat in morning trade following a mixed report from the housing market.It showed a bigger than expected..more...
Wednesday,27 May 2009
US Markets Ended Mixed,Energy and Drug Stocks Gains,Banks,Auto Fall
U.S. stocks closed mixed on Tuesday as investors shifted into defensive stocks driving up shares of drugmakers like Pfizer Inc.,Coca-Cola while energy stocks gained as oil hit a six-month high.Investors showed caution after the recent rally and ongoing worries about banks and autos.Markets were down..more...
Tuesday,12 May 2009
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