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Any hope the calendar turning from May to June would change the market's trend were dashed Friday, as stocks started the month with a resounding thud. Major averaged tumbled from the opening bell as a weak U.S. jobs report, sluggish Chinese PMI data and ongoing concerns about Europe proved a toxic brew for those long stocks. (See: May's Jobs Report Disappoints Across the Board) The Dow (^DJI) closed down 279 points, or 2.3%, and has fallen into negative territory for the year. The S&P 500 (^GSPC) was down 2.5% to 1278, breaking important support at 1284, its 200-day moving average,...

The number of Americans who filed requests for jobless benefits was unchanged last week at 370,000, the U.S. Labor Department said Thursday. Claims from two weeks ago were revised up to 370,000 from an initial reading 367,000.

The number of Americans who filed requests for jobless benefits was virtually unchanged last week at 388,000, the U.S. Labor Department said Thursday, keeping claims near their highest level of 2012. Claims from two weeks ago were revised up to 389,000 from 386,000.

NEW YORK (CNNMoney) -- The fear trade picked up steam Tuesday, as investors grew increasingly worried about Europe's fiscal health, as borrowing costs in Spain and Italy spiked. All three major indexes were down more that 1.5% by mid-afternoon, as rattled investors bailed out. "People are starting to get very concerned about the macro picture of both sovereign debt and China's slowing growth," said Sam Ginzburg, head of trading at First NY. "We're starting to get very worried about going back to a recession." The Dow Jones Industrial Average (INDU) tumbled nearly 210 points, or 1.6%. The S&P 500 (SPX)...

He was an architect of one of the biggest tax cuts in U.S. history. He spent much of his career after politics using borrowed money to take over companies. He targeted the riskiest ones that most investors shunned — car-parts makers, textile mills. That is one image of David Stockman, the former White House budget director who, after resigning in protest over deficit spending, made a fortune in corporate buyouts. Former Reagan Budget Director Despairs: I Wouldnt Touch the Stock Market With a 100 Foot Pole But spend time with him and you discover this former wunderkind of the Reagan...

Peter Grandich was still in a mild state of euphoria over the victory of his New York Giants. Peter works closely with a number of team members in a Bible Study Class. And just like there's some good pro ball players out there, there's some good solid investments, even in an environment like this one. Peter urges you not to be fooled by the so-called investment pros who are always trying to make things look much better than they really are. He calls them the, "Don't Worry, Be Happy," crowd, because they're always playing up the positive and dismissing the...

WASHINGTON—A former research scientist was sentenced late yesterday to 60 months in prison for stealing trade secrets from Dow Chemical Company and selling them to companies in the People’s Republic of China, as well as committing perjury, announced Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division and U.S. Attorney Donald J. Cazayoux Jr. for the Middle District of Louisiana. U.S. District Court Judge James J. Brady also sentenced Wen Chyu Liu, aka David W. Liou, 75, of Houston, to two years of supervised release and ordered him to forfeit $600,000 and pay a $25,000 fine. A...

The folks at Dow Jones Indexes sent out a release last night highlighting how the 30 Dow components have performed this year. McDonald’s is on pace to lead the Dow industrials, up 31% through Tuesday’s close. Meanwhile, IBM, Pfizer and Home Depot are all up more than 20% this year. Kraft Foods rounds out the top five, up more than 19% in 2011. The Dow is up 6.2% this year, well outperforming the S&P 500′s 0.6% rise and the tech-heavy Nasdaq Comp’s 1.6% decline. The Russell 2000 index of small-cap stocks is down 4.5% year-to-date. Investors have flocked to the...

NEW YORK (CNNMoney) -- U.S. stocks fell sharply Thursday as jumpy investors responded to a flurry of headlines and market talk. Dow Jones industrial average (INDU) was down 203 points, or less than 1.7%, in afternoon trading; the S&P 500 (SPX) fell 24 points, or 1.9%, and the Nasdaq composite (COMP) eased 56 points, or 2.1%. The selling gained momentum after the S&P 500 fell below 1,225, a key technical level that had been the recent moving average. Traders said the the market remains on edge as the eurozone debt crisis appears to be spreading to larger economies in Europe....

MARKETS DESTROYED AROUND THE WORLD: Here's What You Need To Know Joe Weisenthal Sep. 22, 2011, 3:59 PM But first, the scoreboard: Dow: -387.37 NASDAQ: -79.69 S&P 500: -36.19 And now, the top stories: * The "day" really started yesterday around 2:20 when the FOMC released its highly anticipated "Operation Twist" announcement. Markets were already down modestly heading into that, but the selloff got serious after that, and stocks really fell out of bed. To some extent, the selling was a "sell-the-new" kind of thing, and perhaps to some extent some were disappointed that Bernanke didn't go further. Alongside the...

Sept. 22, 2011, 12:12 p.m. EDT Dow off 400 on Europe, growth worries Federated’s Orlando watches 1,100 level on the S&P 500 By MarketWatch NEW YORK (MarketWatch) — U.S. stocks slid sharply on Thursday, extending losses for the Standard & Poor’s 500 Index into a fourth day, as Wall Street’s worry about Europe’s debt trouble and the global economy intensified. The negative sentiment taking hold among investors is “driven by the bank runs in Europe, and some of the European banks are rumored to be looking in the Middle East for capital, it’s like a replay of 2008 for some...

DJI 10,808.87 Down -315.97 -2.84%

NEW YORK — The problems that weighed down stocks all summer show no sign of letting up. U.S. stocks plunged Friday, erasing the week's gains, as rising fears about fallout from Europe's debt crisis overshadowed President Barack Obama's plan to revive the U.S. job market.

Sept. 6, 2011, 9:37 a.m. EDT U.S. stocks open sharply lower; Rule 48 invoked By Kate Gibson NEW YORK (MarketWatch) - U.S. stocks fell sharply Tuesday as worries about European debt and the U.S. economy intensified. The Dow Jones Industrial Average DJIA -2.31% fell 275.26 points to 10,965.00. The Standard & Poor's 500 Index SPX -2.51% shed 29.60 points to 1,144.37. The Nasdaq Composite Index COMP -2.18% declined 56.61 points to 2,423.72. /snip Markets invoked Rule 48 for the open, lifting a requirement calling for price indications that help determine the floor price at the start to smooth trade.

Rule 48 allows the exchange to suspend price indications that help determine the floor price at the open during regular sessions. Bypassing the requirement helps speed the beginning of trading. Among the triggers for invoking the rule are “substantial activity in the futures market before the open,” according to the exchange's website. U.S. stock index futures pointed to a sharply lower open as a report that regulators were intensifying their review of European banks' U.S. units shook up investors.

Asian markets plunged on Tuesday following a massive selloff in the United States that sent the Dow spiraling below the 11,000-mark for the first time since 2010. In mid-day trading in Asia, the Japanese Nikkei 225 tumbled 4.4% to 8,694, while the Chinese Hang Seng nose dived 7.3% to 19,005. Meanwhile, U.S. stock futures were deep in the red in electronic trading. Dow Jones Industrial Average futures plummeted 271 points to 10,455, S&P 500 futures dipped 28.3 points to 1,083 and Nasdaq 100 futures slid 56.5 points to 1,982.

DOW -276 S&P -31

Investors spooked by both the downgrade of the U.S. debt late Friday and the direction of the economy continued to sell stocks Monday, sending market indexes down 5% to 6%. The Dow Jones industrial average fell by more than 600 points, dropping below 11,000 for the first time since November. The Dow fell more than 633 points, to 10,810.83. The Standard & Poor's 500 index was off 6.66%, closing at 1,119.46, and the Nasdaq Composite index fell by 6.9%, closing down nearly 175 points at 2,357.69. Another down day on Wall Street followed declines in overseas markets earlier in the...

BEGIN TRANSCRIPT RUSH: Does anybody now doubt that this is on purpose? I mean, after all, Barack Obama inherits a AAA credit rating from George W. Bush, and look what he does to it. Obama is always running around complaining and whining and moaning about all that he inherited from George W. Bush. Well, he inherited a AAA credit rating, an unemployment rate of 5.7%. Does anybody doubt that this is on purpose? Well, look, my credit rating doesn't suck. There are a lot of individual Americans whose credit ratings aren't in trouble. The United States has never been in...

pre-market data.

Market crash for Mon?

Investors seeking reason for optimism after the worst stock-market sell-off since the 2008 financial crisis probably won't find it in Friday's July jobs report. Economists forecast that employers added only 90,000 jobs last month and that the unemployment rate was unchanged at 9.2 percent, according to a survey by FactSet. That would mark an improvement over the 18,000 net jobs created in June — the fewest in nine months — and the 25,000 in May. But over time, 90,000 new jobs a month wouldn't even be enough to keep the unemployment rate from rising. Nor would it erase fears on...

Stayin’ Alive: Dow just misses ’78 losing streakPAUL WISEMAN, AP Economics Writer Thursday, August 4, 2011 Not since the Bee Gees and their “Saturday Night Fever” soundtrack dominated the radio has the Dow Jones industrial average endured a longer losing streak. The Dow blipped up 30 points Wednesday, ending a string of down days at eight. Until the last few minutes of trading, it looked as if stocks might match a nine-day losing streak that ended on Feb. 22, 1978. Weighing on stocks 33 years ago: A stalemate in Congress. A weakening economy. Fears about the global financial system. Sound...

White House on worst market drop since 2008: ‘Markets go up and down’ 1 hr 5 mins ago The Dow Jones Industrial Average dropped by 512 points Thursday, erasing this year’s market gains, but the White House had little to say besides “markets go up and down.” “I don’t have a specific reaction to the market. Markets go up and down,” White House press secretary Jay Carney said. “There is no question that we have — this economy has faced headwinds this year, a variety of them including the earthquake and tsunami in Japan, the increase in oil prices, energy...

BEGIN TRANSCRIPT RUSH: Why am I here today? This always happens. Every time we have one of these national holidays, nobody tells me. I don't keep track of national holidays. Obama's birthday. I don't keep track of national holidays, nobody ever tells me, and I end up being the only person in the country working. Why is the Dow going down? Let me tell you why the Dow is going down, is because there's a story out there that said that Bernanke and Obama are out of bullets. There's a story that says Bernanke and Obama are out of bullets,...

The stock market is finishing its worst day since the financial crisis. The Dow Jones industrial average plunged more than 500 points Thursday. Investors are concerned that the U.S. economy will enter another recession and that Europe's debt problems are not closed to being solved. Major stock indexes fell more than 4 percent. The Dow is closing with a loss of 513 points, or 4.3 percent, to 11,384. It was the worst day for the Dow since October 22, 2008. The S&P 500 is down 60, or 4.8 percent, to 1,200. The Nasdaq is down 137, or 5.1 percent, to...

NEW YORK -- Stocks plunged Thursday, with the Dow tumbling 400 points to hit its lowest level since December, as global economic fears gripped the market. U.S. markets were already sharply lower on widespread worries, including the weak job market. But the selling gained momentum as Japanese and European policymakers stepped in with dramatic measures to shore up their financial markets. There's "total fear" in the market, said Bob Doll, chief equity strategist at the world's largest money manager, BlackRock. All three major indexes tumbled more than 3% Thursday and erased all their gains for the year. The indexes have...

Stocks tumbled Friday after employment rose far less than expected, shattering hopes that the economy was starting to regain momentum following a soft patch in the first half of the year. The Dow Jones Industrial Average slid almost 1 percent, led by Caterpillar [CAT 109.30 -2.33 (-2.09%) ] and GE [GE 18.9671 -0.3329 (-1.72%) ] after finishing almost 100 points higher in the previous session. The S&P 500 and the tech-heavy Nasdaq also plunged. The CBOE Volatility Index, widely considered the best gauge of fear in the market, jumped above 16.

Why the Dow will end up plunging to 7,000 By Douglas A. McIntyre There are too many financial risks on the horizon that are being dismissed One theory of economics says that any market can return to a point where it has been in the past. The Great Recession was, by some measures as bad as the Great Depression. Unemployment was 3.6 percent in November 1966. It was at 4 percent in December 1999. There is no precedent for zero unemployment, but those two periods came close. Recent movements in the stock market could repeat themselves as the economy lurches...

I was thinking about various tax reforms and asked myself: If we eliminate the capital gains tax, would it hurt or help the economy as a whole, and the financial markets themselves? I'm looking for some opinions. Since there is no specific proposal I guess this is a vanity. On one hand, if eliminating the tax would cause a mass sell-off, it could crash the Dow. On the other hand, if it simply meant people would sell off stocks they've made healthy gains in to immediately buy other investments, it could either wash or have a positive effect. It may...

Dow Chemical Co. officials said Thursday adding former Gov. Jennifer Granholm to the company’s board of directors gives the chemical giant some new political savvy as it pursues its business agenda for the 21st century. “Granholm’s track record fits very well with Dow’s focus, and we believe she is going to bring some valued insight to our board,” said Dow Chemical spokeswoman Rebecca Bentley.

The front page of Section R of the March 14 edition of The Wall Street Journal was devoted to the pros and cons of investing in gold. The section posed the question, “Is gold a good investment?” It then, of course, presented two different points of view. One writer, a certified financial planner, answered, “Yes.” The other author, a chief investment officer, said, “No.” A better answer to the WSJ’s question would be, “Gold had better not be a good investment, because if it is, we are in for a dismal economy.” Of course, by the time that the WSJ...

This Meltdown In Markets Is Not Just Caused By Reactors Daniel Alpert, Westwood Capital Mar. 16, 2011, 6:45 PM Daniel Alpert is a founding Managing Director of Westwood Capital, an investment bank and advisory firm Those who think the meltdown in the markets is anything more than catalyzed by nuclear “meltdowns” in Japan (on the cusp of the toppling of some petty tyrants) are in need of some X-radiation on their brains to see what’s wrong (i.e. need to have their heads examined). There have been two liquid tsunami’s – one of sea water and the other of C notes...

NEW YORK (CNNMoney) -- Libya's escalating political crisis sparked a sell-off in U.S. stocks Tuesday, with the Dow down more than 200 points during the final hour of trading, as oil prices continued to skyrocket. Ongoing weakness in the housing market also added pressure after a report showed that national home prices fell 4.1% during the fourth quarter of 2010. The Dow Jones industrial average (INDU) was down 205 points, or 1.7%. Wal-Mart (WMT, Fortune 500) was one of the worst performers on the Dow, with shares down almost 4% after the retailer reported disappointing U.S. sales figures. The S&P...

Someone has to say it: “Doomsters, you have been wrong now for nearly two years. Why not shut up?” On the one hand doomsters are very profitable for me because they represent the sentiment that makes stocks cheap for me to buy. However, on the other hand, I’m fed up with the bearish pollution sloshing around the media. Are these doomsters making money? If so, how? Of course there are problems, were problems, will be problems. But the credit crunch crash is dead and we are now healing. We will be healing for more years to come. The market will...

CNN Stock futures page shows DOW futures down 189 points. Don't believe that is correct. Bloomberg site shows them up 24 points. Which is correct?

The stock market is all about nominal prices. That is, prices that aren't adjusted for inflation or what analysts call "relative performance" -- how an investment has fared when compared with competing assets. While this may seem like a parlor game, comparing how investments fare over time is a key element in portfolio management. Relative performance boils down to this: Sell assets that are historically overpriced, and buy assets that are historically underpriced. The equities industry and the financial media tend to shy away from relative-performance analyses, and a few charts help explain this reticence. But in short, when adjusted...

In the comments of my long-term look at gold Tuesday, somebody passed around this link to a pretty awesome hoard of gold charts. A lot of folks have been asking for a link to a chart of the Dow Jones Industrial Average priced in terms of gold. Here it is.Gold lovers like to point to the Dow-priced-in-gold graph as some sort of argument ender, showing the superiority of old yeller to other financial assets. I don’t really understand that. In fact, like the proficient Paul Kedrosky, I’m never quite sure what to make of these excercises of pricing one asset...

NEW YORK (AP) -- The Dow Jones industrial average reached its highest level in two years Wednesday after the Federal Reserve announced plans to buy $600 billion in Treasurys to stimulate the economy. The central bank had hinted for two months that it planned a major bond-buying program in order to encourage borrowing and spending by lowering interest rates. The Fed made more explicit commitments in its announcement than many investors had been expecting, which helped push stock indexes and most Treasury prices higher. The Dow Jones industrial average gained 26.41, or 0.2 percent, to 11,215.13, its highest close since...

Opening bell hit, and the opposite of what happened when Obama won the WH will happen.

What's Next: Dow 12,000 or Dow 10,000? StreetAuthority By David StermanOctober 24, 2010 Four years ago this week, the Dow Jones Industrial Average hit an important milestone: 12,000. A year later, in October 2007, the venerable index moved past 14,000. But by October 2008, headlines blared "Dow 8,000" before eventually bottoming at 7,200 in March of 2009. A furious rebound has the Dow back on the rise, surging +54% in the past 19 months to a recent 11,100. A continued march back to 12,000 is no sure thing, as serious headwinds remain, leading some to expect we'll see "Dow 10,000"...

Guy Who Predicted Dow 5,000 Gives Embarrassing Explanation For Why He Blew It Joe Weisenthal Oct. 14, 2010, 10:18 AM Image: CNBC Remember David Hefty? He's the guy who in May predicted that the Dow would collapse to 5,000 by the end of the year, and well, his prediction isn't looking so hot. He was back on CNBC this morning explaining his wrong call, except... he claims he's not wrong. He says he was just really early -- which, truth be told -- is pretty much the lamest excuse in the book. But why was he early? Basically because governments...

jenningsthecat writes "A study published in December 2009 in the International Journal of Biological Sciences found that three varieties of Monsanto genetically-modified corn caused damage to the liver, kidneys, and other organs of rats. One of the corn varieties was designed to tolerate broad-spectrum herbicides, (so-called 'Roundup-ready' corn), while the other two contain bacteria-derived proteins that have insecticide properties. The study made use of Monsanto's own raw data. Quoting from the study's 'Conclusions' section: 'Our analysis highlights that the kidneys and liver as particularly important on which to focus such research as there was a clear negative impact on the...

NEW YORK (CNNMoney.com) -- The summer has come to an end, and so has the market slump that came with it. With little on tap to challenge the recent rally, stocks are on track to close September with the biggest monthly gains in over a year. Though September is typically down month on Wall Street and the economic recovery remains sluggish, investors have taken cues from recent upbeat economic news to propel major indexes sharply higher during the month after a sell-off in August. We've been seeing modestly favorable economic numbers lately, which has allowed markets to keep moving up,"...

If you're one of the thousands of Coloradans looking for work right now, and you have a special interest in the state's abundance of wildlife, your search could soon end with the Colorado Division of Wildlife. The state agency that monitors and manages the health of Colorado's flora and fauna is looking to hire a new batch of wildlife managers. "We're seeing a continuing bubble of baby boomer employees retiring, and we need to keep a steady stream of well- trained employees to replace them," agency spokesman Randy Hampton said. That boomer factor, in combination with a recent state hiring...

NOTE The following text is a quote: Chinese National Charged with Economic Espionage Involving Theft of Trade Secrets from Leading Agricultural Company Based in Indianapolis WASHINGTON—Kexue Huang, aka John, 45, has been arrested and charged in a 17-count indictment with economic espionage intended to benefit a foreign government and instrumentalities, and interstate and foreign transportation of stolen property, announced Assistant Attorney General Lanny A. Breuer of the Criminal Division and U.S. Attorney Timothy M. Morrison for the Southern District of Indiana. Huang was arrested on July 13, 2010, in Westborough, Massachusetts by FBI agents, and today made his initial appearance...