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Stocks close up sharply amid Citi news
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After a series of bad news on Monday the news about Abu Dhabi Investment authority investing $7.5 billion in Citigroup Inc came as a welcome relief for the investors on Tuesday. The financial sector is likely to remain in good health at least for sometime now.
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Stocks Slide on Fresh Credit Concerns
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After Dow Jones closed with a little rise during last week. It again fell down by 237.44, i.e. 1.83 percent to 12743.44 while closing on Monday. Similarly the S&P 500 that experienced a rise while closing last week also fell down by 33.48, i.e. 2.32 percent to 1,407.22.
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World Stock and Commodity Markets Mixed
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Thanksgiving holiday sent a cool air all over the stock market, which showed mixed results after the last closing. Infact the commodity market was mixed.
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Stocks End up After Shortened Session
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The stock market, although, closed three hours early due to holiday shortened session but showed an impressive result with Dow Jones and the Standard & Poor’s 500 rising quite higher as compared to the last closing.
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Dow Climbs Back Above 13000
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Dow is now flying higher as it has climbed again above 13000 on Tuesday.
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Stocks Fall Amid Economic Jitters
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Increasing economic worries due to the disaster in the mortgage market resulting into falling of stocks, the major reasons being the credit crisis, slowdown of housing market and the falling of unemployment rate.
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Stocks fall amid banking concerns
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Wall street seemed like a nightmare for the banking sectors on Monday, as the indexes fell more than 1.5 percent. The Monday session was dominated by the concerns about the banking sectors.
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Wall Street hopes for calm
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With Thanksgiving approaching, investors are hoping that the holiday-shortened week will provide the much needed year-end rally. But that does not seem to be happening with housing markets expected to keep on falling through the next year, banks expected to write down more losses during the fourth quarter and rising oil prices.
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Stocks Fall Amid Concern About Consumers
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On Thursday Wall Street again witnessed a downfall. This time the investors’ reaction was result of the speculations of low consumer spending in the holiday shopping season.
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After the stock rally, a retreat
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After a huge rise on Tuesday, the market again witnessed a downfall on Wednesday due to heavy selling in the last half an hour of trading.
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