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Dow Jones average breaks through 10,000, then edges back down

Dow Jones average breaks through 10,000, then edges back down

Strong earnings from JPMorgan, Intel and others push up the blue-chip index in midday trading. The Dow Jones industrial average finally got back above 10,000 today -- briefly -- as banking and technology sectors did their best to move it above that psychological barrier.

 

Dow Tests 10,000. So What?

The blue-chip index nears round number, but it's just an arbitrary line in the sand.

 

Wynn Macau debut cashes in on Asia gaming fever

Wynn Macau's strong debut in Hong Kong on Friday shows appetite for gambling stocks is strong despite high valuations, and will cheer rival Las Vegas Sands, which plans a listing later this year.

 

Stocks and Gold Gain as Investors Shun the Dollar

Shares rose ahead of the start of earnings season, and the value of the dollar skidded as investors fretted over a report that crude oil could one day be priced in other currencies.

 

Unemployment rate rises to 9.8% as employers cut more jobs than expected

Unemployment rate rises to 9.8% as employers cut more jobs than expected

A net 263,000 jobs were eliminated in September, pushing the jobless rate to a 26-year high. Stocks fall on the news. The nation's labor market took a turn for the worse in September as employers eliminated a net 263,000 jobs, far more than expected and reversing a pattern of steadily declining payroll losses in recent months, the Labor Department said today.

 

Online retailer Newegg files for $175 million IPO

Online retailer Newegg files for $175 million IPO

Internet retailer Newegg Inc. plans an initial public offering of stock worth up to $175 million, according to a filing with the Securities & Exchange Commission.

 

Stocks Rise as Fed Mulls Rates

Stocks Rise as Fed Mulls Rates

Stocks gained, the dollar slid and commodities rose as the Fed prepared to begin a two-day meeting on interest rates.

 

Bear Market Lurks as Dow Nears 10000

Bear Market Lurks as Dow Nears 10000

The Dow's six-month, 46% surge was one of just six of that magnitude in the last 100 years. Many analysts believe that, as with previous rallies, stocks are in a turbulent period that may lead to another slump.

 

Stocks extend recent rally, touch fresh 2009 highs

Investors are holding on to their optimism about the economy, sending stocks to fresh 2009 highs. Market indicators rose about 0.5 percent in midday trading Monday, following a surge in overseas markets and extending a big advance from last week.

 

Stocks Fall; Alcoa, Deere Slide

Stocks slipped, hobbled again by concerns about the ability of China's economy to act as a catalyst for global recovery.

 

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