Feb 14 2010, 07:04 PM
Mixed close for stocks Friday, but bulls end weekly losing streak. The Dow closed the session with a loss of 45.05 points to 10,099.14. The S&P 500 declined 2.96 points to 1,075.51. The Nasdaq tacked on 6.12 points to 2,183.53. Volume was a bit heavier on the session thanks to SXP reshuffling with the NYSE trading 1.33 billion shares and the Naz turning over 2.22 billion shares. Market breadth was positive by a 16-to-14 and 16-to-11 margin on the Big Board and Naz respectively.
Feb 17 2010, 12:32 AM
Signs that the economy is indeed strengthening gave investors a surge of optimism and sent stocks sharply higher.
The Dow Jones industrials soared almost 170 points Tuesday on upbeat earnings reports and corporate deals. Investors who have been anxious in recent weeks about economic problems overseas were able to put aside their concerns for the time being. They focused instead on the domestic economy.
The dollar fell as investors felt less of a need to stash their money in safer investments. Oil, gold and other commodities joined stocks as the beneficiaries of the market's renewed confidence. And the stocks of energy and materials producers were among the day's big winners.
Mar 6 2010, 01:20 AM
Stocks put together their best percentage gain in two weeks as more than 90% of the names in the S&P 500 pushed higher. The stock market initially encountered some resistance, but it was able to regroup and climb to a new one-month high.