All Entries Tagged With: "dow jones"
Cyber Monday sends Dow Jones Tumbling 430 Points
Cyber Monday 2008 sales started today, the on-line shopping day that follows on from Black Friday and thanksgiving, allowing a kick-start of the US holiday shopping season and the optimism of a profitable one for retailers.
Meanwhile Wall Street suffered as Investors feared the worsening economic conditions would continue throughout the holiday shopping season, sending [...]
Dow Jones hits 5 year low and FTSE 100 ended down 4.8%
More bad news on the global debt markets indicates that the financial crisis is far from over, sending share prices on Wall Street and across the water in London tumbling.
Yesterday traders watched the value of mortgage backed securities on commercial property
Federal rate cut: FTSE-100 surges, Dow Jones tumbles
The US Federal Reserve today cut the official key interest rate down to 1 percent in an act to fend off a critical recession. The Fed cut now matches the lowest levels for decades, and opening the doors for further cuts that the US have never seen.
The Fed cut by half a percent down to [...]
Asian Markets shattered as Dow Jones sinks deeper
Stocks in Asia fell hard on Wednesday after reports from America sparked new fears that the world’s largest economy is on its way to a recession.
Japan’s Nikkei 225 index tumbled to close down 6.8 percent, Korea’s main index fell at a three year low down 5.1 percent with Hong Kong’s Hang Seng index slumping
Dow Jones massive surge before close
Good news on Wall Street with the Dow Jones Industrial average swinging right at the last 90 minutes almost 480 points. The last surge saw the Dow Jones closing at 8979.26 after gaining 401.35 or 4.7 percent.
Traders said that the stocks attracted an influx of bargain investors seeing
Apple, Microsoft, and Dell on Dow Jones: double-digit gains
Dow Jones Industrial Index jumped up above 9,000 points on Monday being its largest one-day gain ever. Great news as Apple, Dell, Microsoft and a list of other tech companies all obtained double digit gains.
After the Dow Jones suffered consecutive losses last week, the Dow soared yesterday 936.42 points and finally closing on Columbus Day [...]
Stock market update: Stocks Soar
Columbus day saw the stocks soaring, with the Dow Jones Industrial index jumping up 11.1 percent or 936.4 points to close at 9,387.6, the NASDAQ also gained a massive 11.8 percent or 195.7 points to close at 1,844.3.
The FTSE 100 surged up by 8.3 percent or 324.8 points to close at 4,256.9; FTSE 250 closed
Dow Jones and FTSE 100 both surge on Columbus Day
Dow Jones Industrial Average futures surged 4.1 percent or 344 points to 8,714 as Wall Street began trading on Columbus Day. Nasdaq 100 index futures went up 4.41 percent or 56.50 points to 1,339.00 and Standard & Poor’s 500 index was up 5.06 percent or 45.10 points to 936.10 This is a positive signs that [...]
Columbus Day: Stock Market and crisis
As another week begins in the financial markets traders and stockbrokers anticipate another volatile week. With New York’s Debt Market Closed for Columbus Day, however the New York Stock Exchange is open, but as the American commercial banks are closed the number of shares traded
October 10. Dow Jones hit hard on opening
Friday October 10 and yet another decline on Wall Street, with the Dow Jones falling more than 250 points just as trade began in New York. The global sell-off is deepening the credit crisis and it unlikely that low interest rate will do anything to improve it.
The Dow Jones has declined 21 percent in just [...]
Dow Jones down 21 percent in 9 days: Wall Street Panic
The Down Jones Industrial Average showed its seventh consecutive loss tumbling 7.3 percent or 678.91 points settling at 8,579.19 at close exactly one year after the Dow hit its all time high. As Wall Street began to panic on Thursday as sellers erratically dumped shares and potential buyers did nothing and watched as the [...]
Dow Jones Industrial tumbles: GM stock hit 58-year low
October 9 the Dow Jones Industrial Average for the first time since 2003 fell below 9,000 as consumer spending slowed down and borrowing rate soared. Now it seems that energy companies, insurers and car makers are likely to be the next victim of the credit crisis.
Car manufactures saw huge downslides, General Motors Corp (NYSE:GM) saw [...]
October 9. Latest Stock figures
Here is a quick rundown of the latest stock figures from around the world on October 9. In London the FTSE 100 dipped sharply by 5.2 percent or 238.5 points to close at 4,366.7. FTSE 250 closed lower by 3.1 percent or 230.3 points at 7,200.9
In the US, Wall Street saw the Dow Jones [...]
Current prime rate cut to 1.5 percent: Dow Jones volatile
The Federal government reduced its key prime rate from 2 percent to 1.5 percent. In Europe, who is also being battered by the financial crisis, the European Central Bank dropped half a point down to 3.75 percent and the Bank of England cut their rates by half a point to 4.5 percent, this comes
The Dow Jones index down 3.8 percent at final trade
The US Dow Jones Industrial index saw on Monday a five year low that was under 10,000 marks in early trading. The traders saw another sign of the credit crunch hammering the stock market, at 2pm the Dow was 800 points lower in a single session. However, the Dow index