Dow Jones

  • Sensex falls 11.66 points to end at 20,217.39 November 22, 2013

    Mumbai: The Sensex on Friday closed 12 points down, logging its third straight weekly loss, as uncertainity over US Fed tapering its economic stimulus hit positive sentiment that helped the benchmark log gains initially. Late profit-booking in recent gainers in auto and realty sectors also contributed to Sensex's fall for the...
  • Dow Jones average closes above 16,000 for the first time November 22, 2013

    New York: The Dow Jones industrial average is closing above 16,000 for the first time as encouraging news on the job market pushes stocks higher. Applications for unemployment benefits dropped last week to the lowest level since September. The number of applications is close to where it was before the Great...
  • US: Stocks fall as government heads towards shutdown October 1, 2013

    New York: Stocks fell on Monday as Wall Street worried that a budget fight in Washington could lead to an event far worse for the economy- a failure to raise the nation's borrowing limit. Investors pulled back from stocks as a budget standoff between Republicans and Democrats in Congress threatened to...
  • US: Dow hits 15, 000 on job market strength May 4, 2013

    New York: US stocks added to gains on Friday, with the Dow industrials at a record high above 15,000 after a strong payrolls report for April and large upward revisions showed the jobs market is healing despite the sluggish recovery in the overall economy. The Dow Jones industrial average rose 176.4...
  • Sensex ends marginally higher, shrugs off weak manufacturing data April 1, 2013

    Equity benchmarks ended marginally higher on Monday even as macro indicators showed that the economy is yet to turn. The Sensex rose 29 points to close at 18865 and the Nifty gained 22 points to close at 5704. Mid and small cap shares were the star performers of the day....
  • Asian markets rise to a 4-year high as Dow hits another record March 7, 2013

    Tokyo: Japan's Nikkei share average rose above 12,000 on Thursday for the first time in 4.5 years, with risk appetite supported by a record high on Wall Street and the prospect of Japan soon adopting an aggressive reflationary monetary policy. The Nikkei rose 1.1 per cent to 12,060.96 by mid-morning,...
  • US: Dow Jones soars to an all-time high March 6, 2013

    New York: About an hour after the Dow Jones industrial average hit a record high on Tuesday, Overland Park, Kansas-based financial adviser Brad Stratton got an e-mail from a client asking how she could "make hay while the sun shines." Stratton, a former Merrill Lynch broker who set up his...
  • Dow leaps 286 points, its biggest day of the year June 7, 2012

    New York: Speculation that governments in the US and Europe will act to help their economies sent stocks surging to their best day this year. Atlanta Federal Reserve President Dennis Lockhart said in a speech that weak job growth over the past two months highlighted the "halting and tenuous" recovery. If...
  • Greece, Euro zone a worry for world markets May 24, 2012

    Global markets are jittery over concerns that Greece may drop the Euro. ...
  • Dow crosses 13,000 for first time since 2008 February 21, 2012

    New York: Dow Jones industrial average has crossed 13,000 for the first time since before the 2008 financial crisis. The Dow passed 13,000 about two hours into the trading day. Its last time there was May 20, 2008, four months before the Lehman Brothers investment bank went under. U.S stocks got help...
  • World stocks high after Europe's Greek bailout package October 28, 2011

    Asian markets extended their rally following global sentiments after Europe announced the Greek bailout package, which calmed nerves worldwide. ...
  • US stocks surge on European debt deal October 27, 2011

    New York: Stocks are surging in early trading after European leaders agreed on a deal to slash Greece's debt. The US economy grew between July and September at its fastest rate in a year, and Dow Chemical Co became the latest big company to report stronger earnings. Global markets soared on Thursday...
  • Wall St recovers, S&P 500 and Nasdaq up 4 pc August 12, 2011

    New York: The S&P 500 and Nasdaq rose more than 4 per cent in afternoon trading on Thursday while the Dow added to gains, with energy and financial services companies among the strongest sectors. Solid results from Cisco and mildly encouraging US jobs data helped stocks recover from recent steep losses. The...
  • Dow plunges 519 pts on economy, Europe worries August 11, 2011

    New York: Stocks are falling at the close of trading as investors' attention returns to the weak economy and Europe's debt problems. The Dow Jones industrial average is down 519, or 4.6 per cent, to 10,720. It's the third time in the last five trading days that the Dow lost more...
  • Wall Street tumbles on French bank worry August 10, 2011

    New York: US stocks fell sharply on Wednesday, wiping out most of the previous session's gains, on fears of tumult in the French banking sector, which has significant exposure to shaky European debt. US financial stocks led the decline on worries that any French bank problems could spread to them. The...
  • Dow rallies after Fed statement, up 429 points August 10, 2011

    New York: Stocks are rising at the closing of trading after the Federal Reserve said it has discussed policy moves it can make to spur the economy. The Fed also said growth has been slower than expected. The Dow Jones industrial average is closing up 429 points, or 4 per cent,...
  • Wall Street pares gains after Fed statement August 10, 2011

    New York: Stocks pared gains and the Dow and S&P 500 briefly turned negative on Tuesday in volatile trading after the US Federal Reserve said the economy had weakened. The Dow Jones industrial average was up 60.43 points, or 0.56 per cent, at 10,870.28. The Standard & Poor's 500 Index was...
  • Jobs report is good enough to calm Wall Street August 6, 2011

    Washington: Better. The job market beat expectations, and the stock market managed a modest gain - not great, but good enough after a turbulent week. The nation added 117,000 jobs in July, the government said on Friday - far from what happens in a healthy economy, and only good for...
  • Wall Street crash: Americans upset with govt August 6, 2011

    The Wall Street crash has triggered a lot of talk about debt ceilings, jobs and the economy. ...
  • Wall Street turns positive in volatile session August 6, 2011

    New York: US stocks rose in volatile trade on Friday as investors saw a buying opportunity following the sharp sell-off that took the S&P 500 down 10 percent over the last 10 sessions. The stock market extended its rebound after Italian Prime Minister Silvio Berlusconi said his country will introduce a...
  • US markets worst hit in two years August 6, 2011

    Wall Street is reeling after suffering its single worst day since the 2008 financial crisis. The Dow alone plummeted more than 500 points on Thursday. ...
  • US: Wall Street sees steepest fall since 2008 August 5, 2011

    New York: Investors fled Wall Street in the worst stock-market sell-off since the middle of the financial crisis in early 2009 in what has turned into a full-fledged correction. The Dow and the S&P tumbled more than 4 per cent on Thursday and the Nasdaq lost 5 per cent on fear...
  • Sensex opens 104 points higher May 30, 2011

    Mumbai: The BSE benchmark Sensex extended gains for the third straight day by adding over 104 points in the opening trade today on sustained buying by funds. The 30-share index of the Bombay Stock Exchange, which had gained over 418 points in the previous two sessions, moved up further by...
  • Sensex falls 250 points; Nifty tumbles March 15, 2011

    Mumbai: Indian equities slipped further again with the Sensex falling about 250 points following more cuts in European markets and US index futures, which indicating weak opening in US markets on Tuesday. The 50-share NSE Nifty tumbled 91 points to 5,440 at 14:55 hours on fears that radiation levels may...
  • US stocks gain, need for bail-outs easing: Obama September 15, 2009

    New York: US stocks edged higher on Monday, while President Barack Obama said the need for hundreds of billions of dollars in Wall Street bail-outs was easing as the economy recovers from recession. In a speech at the historic Federal Hall on Wall Street in New York, Obama said there were...
  • Dow falls below 7,000 after AIG's massive loss March 3, 2009

    New York: The Dow Jones Industrial Average fell below 7,000 points for the first time since 1997 in early trading on Wall Street Monday, following stock sell-offs across the globe after American International Group Inc (AIG) reported a $62-billion quarterly loss. The US' deepening recession and financial crisis mean the blue-chip...
  • US markets recover after opening in red February 24, 2009

    New Delhi: US markets opened in the red on Tuesday after a major rout on Wall Street on Monday that carried over into Asia Tuesday as doubts over US President Barack Obama's plans to rescue ailing banks pushed markets to crisis lows. The Dow opened down by 250 points but...
  • Dow at 11-yr low; US has moved into depression February 24, 2009

    Dow at 11-yr low; US has moved into depression, says Guppy Wall Street's woes continued unabated as US market slid to their lowest close in 11 years on Tuesday. Worries about a decline in business and consumer spending on technology hurt the biggest names in the sector. IBM and Hewlett-Packard were two...
  • Wall Street goes tumbling down to 12-year low February 24, 2009

    New York: Big losses have sent two major gauges of Wall Street - the Dow and S&P 500 - tumbling to their lowest levels not seen in nearly 12 years as investors worried about the government's efforts to slow the recession. The Dow Jones industrial average Monday lost 250 points, or...
  • Where will India be if the Dow breaks 7,500? February 18, 2009

    The Dow Jones has hit its lowest level since November as stocks started the week off on a sour note. It finished the session down 298 points, Nasdaq lost 64 and the S&P 500 shed 38 points. Although India managed to survive the global meltdown, it was mainly due to short...