Stocks finish higher after late-day recovery (AP)

By admin on January 13th, 2012

FILE - In this Jan. 10, 2012 photo, a pair of specialists study a screen as they work on the floor of the New York Stock Exchange. Strong bond auctions in Italy and Spain dramatically drove down their borrowing costs and lifted stocks Thursday, Jan. 12, 2012, providing a reprieve from Europe's relentless debt crisis. (AP Photo/Richard Drew, File)AP – A drop in oil prices and strong bond auctions in Europe drove stocks to a slightly higher close Thursday. The Standard & Poor’s 500 index rose for the fourth straight day.


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Summary Box: Stocks barely move (AP)

By admin on January 5th, 2012

AP – A QUIET DAY: Stocks were nearly flat. The Dow Jones industrial average rose 21 points to 12,418. The Standard & Poor’s 500 inched up a fraction of a point; the Nasdaq fell a fraction of a point.

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FILE - In this file photograph taken Nov. 30, 2011, specialist Dermot Bermingham, left, and trader Edward Radziewcz work on the floor of the New York Stock Exchange. Stocks rose Friday, Dec. 2, 2011, around the world as markets unnerved by the eurozone's debt crisis welcomed German Chancellor Angela Merkel's call for changes to EU treaties to enforce fiscal discipline. (AP Photo/Richard Drew, File)AP – An early rally fizzled on the stock market Friday but still left the Standard & Poor’s 500 index up 7.4 percent for the week, its biggest gain since March 2009.


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Stocks soar on big shopping weekend, Europe (AP)

By admin on November 28th, 2011

Trader Fred Demarco, left, and specilaist John O'Hara work on the floor of the New York Stock Exchange Monday, Nov. 28, 2011. Hopes for a more far-reaching solution to Europe's debt crisis and a strong start to the U.S. shopping season sent stocks sharply higher Monday. (AP Photo/Richard Drew)AP – A weekend of strong holiday shopping in the U.S. and radical proposals for stanching Europe’s debt crisis sent stocks soaring Monday. The Standard & Poor’s 500 index broke a seven-day losing streak and the Dow Jones industrial average jumped 291 points, its biggest gain in a month.


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AP – The two best-known stock market indexes will be jointly owned under a new venture between the companies that operate the Standard & Poor’s 500 and the Dow Jones industrial average.

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In this Oct. 10, 2011 photo, trader Douglas Glander, center, works on the floor of the New York Stock Exchange.   U.S. stock index futures are rising after a round of solid corporate earnings reports. Industrial giant General Electric Co. said Friday, Oct. 21, 2011,  that its third-quarter net income rose 18 percent. Software maker Microsoft Corp. said its profit rose 6 percent. Traders are monitoring European leaders' efforts to solve the Greek debt crisis. Worries about a default by Greece have caused much of the market's volatility in recent months.  (AP Photo/Richard Drew)AP – A broad rally swept through the stock market Friday after McDonald’s and several other large companies reported solid earnings. The Standard & Poor’s 500 index closed higher for the third straight week, its best run since February, as hope builds that a weekend meeting will bring European leaders closer to easing the region’s debt troubles.


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FILE - In this Oct. 3, 2011 file photo, traders work on the floor at the New York Stock Exchange. Stocks slid again Tuesday, Oct. 4, as Europe's debt crisis showed few signs of being solved any time soon and officials said Greece will have to wait until November to get its hands on much-needed bailout cash.(AP Photo/Seth Wenig, File)AP – The Standard & Poor’s 500 index fell 1.6 percent early Tuesday, bringing it into what many consider to be a bear market. The yield on the 10-year Treasury note fell near a record low as investors piled into lower-risk assets.


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Reuters – The U.S. Standard & Poor’s 500 index is expected to finish the year down for the first time in three years as an escalating European debt crisis and stalling U.S. economy lead strategists to slash forecasts in the latest Reuters poll.

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