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With the bond markets closed, all the attention today was on commodities and equities. Crude oil ended up 0.3% at $79.28 a barrel and gold futures hit a new record of $1119 an ounce today, nearly breaking the $1120 mark before dropping down to $1115. The three major indexes all ended higher. The Dow, which has been up every single day this month, ended at 10,293, up 47 points, the NASDAQ at 2166, up 16 points, and the S&P 500 clocked in at 1098, up 6 points. Energy and utilities took a lot of losses today, with Time Warner Cable...

OTTAWA (Dow Jones)--Canadian Finance Minister Jim Flaherty said Thursday G20 countries have to coordinate planning stimulus exit strategies."That's important so that one country's banking system isn't advantaged over another country's banking system as we exit from this period of stimulus, which isn't going to happen for a while," Flaherty told reporters. He expects G20 finance ministers and central bank governors to discuss exit strategies at their weekend meeting in St. Andrews, U.K. He cautioned, "Not that it's time to implement exit strategies but that we coordinate our planning in terms of exit strategies." Regarding moral hazard when some banks are...

US workers, their retirement funds already clobbered by a decade-long flat-lining of the major stock market indexes, are facing the growing odds of another Lost Decade -- which would further tarnish their dreams of prosperous retirement. A number of financial pros are predicting just such a nightmare -- that the Dow Jones industrial average and the S&P 500 Index, into which many workers have invested their 401(k) cash, will march sideways for as many as another 10 years. "The country will grow at a slower rate over the next 10 years as Americans begin the long process of de-leveraging," said...

NEW YORK (Dow Jones)--U.S. stocks rallied Wednesday, with the Dow Jones Industrial Average pushing above 10000 for the first time in a year on better-than-expected quarterly reports from Intel and JPMorgan Chase, and as improved retail sales data lifted Caterpillar and a wave of other industrials. Since hitting a 2009 closing low of 6547.05 March 9, the Dow has tacked on 53% in the past seven months. For Wednesday, the index closed up 144.80 points, or 1.47%, at 10015.86, marking its biggest one-day gain since Aug. 31. The measure hadn't traded at 10000 since Oct. 7, 2008, and hadn't closed...

How many times have we heard President Barack Obama or high-ranking members of his administration lament the fact that the president "inherited" a recession? Quite a few, if anyone is keeping track. Now the Dow Jones Industrial Average (DJIA) has broken through the 10,000-point barrier. But that begs the question given the inevitable credit Obama will get from the media and other supporters for this rally, should former President George W. Bush get some of the credit if Obama is so willing to blame him for the collapse? It's a question Neil Cavuto put to the test on his Oct....

Stocks tumbled Thursday after a disappointing ISM report on manufacturing piled on to worries about the economic recovery. The Dow Jones Industrial Average lost 203 points, or 2.1 percent — it's worst decline since July 2, which was before the summer rally began. The S&P 500 fell 2.6 percent and the Nasdaq dropped 3.1 percent.The Institute for Supply Management reported its gauge of manufacturing activity fell to 52.6 in September from 52.9 in August, short of expectations. "This was a good report even if the 'what have you done for me lately' crowd tries to trash it," Joel Naroff of...

A retail downgrade by Saks and larger than anticipated jobless filings, coupled perhaps with nervousness over Friday's jobs report (8:30am) led the market to a broad decline, which accelerated into fresh lows in the last hour.

It is only a number — the stock market equivalent of an appliance chain’s millionth customer, or the gazillionth hamburger served at McDonald’s. Still, the Dow, which closed up 124.17 points, at 9,789.36, on Monday, is within reach of 10,000. Who would have thought? At the depths of Wall Street’s crisis, when traders were despairing and shares of Citigroup were trading for just over a dollar, Dow 5,000 seemed a likelier prospect than this. But now, one of the most-watched measures of the financial world is on the cusp of jumping back to five-digit territory. That does not mean the...

The Wall Street Journal, which is also owned by Dow Jones publishing group, part of Rupert Murdoch's News Corporation, reported over the weekend that the company was in discussions with potential buyers of the business. Goldman Sachs has been appointed to lead the talks. News Corp bought Dow Jones for $5.7bn (£3.45bn) in 2007 but was recently forced to write down $2.8bn of the purchase price after its publishing operations were hit by the fall in advertising. Potential buyers of the indices business have been named as Bloomberg, FTSE – which is a joint venture between the Financial Times Group...

Once in a while, we like to highlight the efforts of some very smart friends of ours. Bryan over at “I’m Not that Kind of Banker,” has put together the single best analysis of the current state of the stock market — at this point in time — that we’ve read in quite a while. An investment banker based in Washington State, Bryan can pick apart a market trend with the same kind of ease Einstein demonstrated in doing long division, we imagine. …What we can say with a reasonable amount of certainty is that “I’m Not a Banker” has...

Markets continued their drive upwards yesterday. The S&P index crossed over 1000 yesterday. The NASDAQ moved above 2000 and the Dow moved above 9200. Indices are down this morning. There is breaking economic data. Consumer spending was up .4% (inflation adjusted .1%) while income fell 1.3% in June. The data is out just in the last ten minutes and so it's difficult to guage just what effect it will have on the markets. Pending home sales for June will be out at 9 AM Central time. The consensus has .6% gain.

Wall Street has been cheating main street for years. We know it is happening because of several pieces of evidence. One that sticks out is that the markets frequently seem to go the opposite of what common sense, economics, fundamentals, etc. would dictate. While working on my car today (ironic), it came to me. All the pieces of the car have to work together to cause the common function of a given process of the car. And, in intelligence, it is the aggregate data that give you the final one answer as to what the plan is or what is...

There's breaking news. The Gross Domestic Product number came out and the economy contracted by one percent over the second quarter. (April through June) The consensus number was that the economy would contract by 1.5%. This is the most promising economic news in months. This is the fourth straight quarter of contraction which used to be a technical definition of a depression. (though most people don't consider that the definition anymore)

ISLAMIC INDEX: New index from Dow Jones will give investors exposure to 100 non-US Shariah compliant companies. (Getty Images)Dow Jones Indexes announced on Wednesday it has licensed the Dow Jones Islamic Market International Titans 100 Index to Javelin Investment Management, an investment adviser registered with the SEC. The blue-chip index will underlie the first Shari'ah compliant exchange-traded fund listed in the US - the JETS Dow Jones Islamic Market International Index Fund (JVS). The index measures the stock performance of 100 leading non-US companies that have passed rules-based screens for Shari'ah compliance. To determine their eligibility firms are screened based...

Where will the Dow Jones Industrial Average be on December 31, 2009? A Daily Poll.

The Dow Jones industrial average is adding Travelers Cos. and Cisco Systems Inc., dropping Citigroup Inc. and General Motors Corp. The announcement Monday of the changes to the 30 stocks that make up the best-known barometer of Wall Street comes as GM enters bankruptcy protection, a move that was widely expected. Dow Jones said Travelers, the property and casualty insurer and one-time division of Citicorp, would replace its former parent. Cisco, which makes computer networking gear, is filling the role left by GM after 83 years as part of the Dow. The changes take effect June 8.

Going blue chip: There's nothing wrong with being listed on the Nasdaq stock exchange, of course. But Silicon Valley stalwarts Google and Cisco Systems may be headed for bigger things.They are being viewed as top contenders to enter the Dow Jones industrial average, now that the two constituents are trading below $2, making their status as blue chips tenuous, Reuters said.In recent weeks, six stocks on the Dow have tumbled below $10, and on Friday, Citigroup, once the world's most valuable bank, sunk to 97 cents. Analysts say Citigroup and automaker General Motors are most likely to be replaced. "I...

1. Origins: Charles Dow The Dow Jones Industrial Average (the DJIA or The Dow) is a stock market index. It comprises of stocks of select large companies and is used to gauge the performance of the whole stock market. The Dow was created by American journalist Charles Henry Dow on May 26, 1896, as part of his research into market movements. That explains the "Dow" in Dow Jones, but what about the "Jones" part? That was named after Dow's business partner Edward Davis Jones, a statistician (not related, as far as I could tell, with the current Edward Jones company)....

Ok, Drudge has a story from Reuters which is on the New York Post about how Citi and GM face being de-listed, so can someone explain how a unsubstantiated story about a company posibly having made money the last quarter (before taxes and write-offs) , a company which stands a good chance of soon being de-list cause a stock market rally?

Slammed by tanking bank and tech stocks, the Dow appeared poised to set a new 12-year low Friday afternoon as the markets react poorly to the latest abysmal jobs figures. Today's Markets As of 2:28 p.m. EDT, the Dow Jones Industrial Average lost 83.39 points, or 1.26%, to 6511.05, the S&P 500 sank 11.29 points, or 1.65%, to 671.26 and the Nasdaq Composite lost 22.81 points, or 1.76%, to 1276.78. The consumer-friendly FOX 50 fell 6.18 points, or 1.20%, to 507.29. Initially, the markets opened sharply higher on Friday as Wall Street at first expressed relief that February's ugly jobs...

t's hard not to see the continued sell-off on Wall Street and the growing fear on Main Street as a product, at least in part, of the realization that our new president's policies are designed to radically re-engineer the market-based U.S. economy, not just mitigate the recession and financial crisis. The illusion that Barack Obama will lead from the economic center has quickly come to an end. Instead of combining the best policies of past Democratic presidents -- John Kennedy on taxes, Bill Clinton on welfare reform and a balanced budget, for instance -- President Obama is returning to Jimmy...

The Dow fell below 7000 this week. But I was looking at the numbers, and it was standing at about 1000 points in the 1979-1981 time frame (I wanted to pick a good point to start from). Then I did a simple calculation assuming 3%, then 4% average growth rate since that time 29 years ago. (1.03)^29 = 2.36 (1.04)^29 = 3.12 Would this make the real value of the Dow Jones to be about 2360 to 3120? I know the future value is higher, due to market expectations, and confidence in future earnings, but when the Dow was 14,000,...

With the Dow Jones dropping below 7000 for the first time since 1997 it would seem to me that it is time for the president to recognize that investors do NOT like the bailout, the stimulus package or his projected budget and neither do the American people. Of course I really don’t think he cares. Frankly, I believe that if Barack Obama can crash the entire economy and then rebuild it in an image that reflects his leftist, nanny-state, Marxist, Pol Pot type of “work for uncle” agenda, he will. Click here to read more...

WALL STREET HAS BEEN LOOKING TO President Obama for change, only to balk when change is meted out. The mounting pace of reform from Washington -- an ambitious $3.6 trillion budget, for instance, and a blueprint for propping up Citigroup (ticker: C) -- failed to slow the pace at which the stock market hit one desultory record after another. Stocks suffered their worst February since 1933. The 43% decline over the past six months was the worst such stretch since 1932. The measured selling sent stocks to a 12-year low, close to levels from which previous bull markets had sprung....

Former GOP presidential candidate Gov. Mike Huckabee in an exclusive Newsmax interview says President Obama’s early job performance is “cause for alarm,” and warns his penchant for talking down the economy is “the worst possible direction he could take.” Obama’s dark portrayal of the U.S. economy -- apparently intended to lower the high expectations stoked by his rhetoric during the campaign -- is on the verge of becoming a “self-fulfilling prophecy,” Huckabee adds. The former Arkansas governor’s criticism followed a week that saw the Dow Jones Industrial Average hit a six-year low. The S & P 500, the index that...

Have you noticed how the Wall Street talking heads on TV all seem to love Barack Hussein Obama so much? Have you ever wondered why it is that the market titans we depend on to stand up and fight for free market principles (in their own self-interest) and protect our opportunities from government activism seem to all be Obamatons themselves? I have too, and so I decided to look at an Obama timeline vs. the Dow Jones Industrial Average.

The Dow has dropped from 9625 to 7552, a total of 22%, since Barack Obama was elected 16 days ago. The (soon to be bankrupt) New York Times never acknowledges that Socialist policies are anti-capitalist and cause great damage to economies where they are implemented. So we will point it out just to be sure everyone is aware that Obama's election has direct and dire consequences. The Dow lost another 5% today after finishing yesterday at the lowest level since 2003. More . . .

From the (soon to be bankrupt) New York Times. Shares on Wall Street closed at their lowest levels in five years on Wednesday as hope dimmed in Washington for an emergency bailout of the auto industry. The late-day sell-off came in frenzy amid growing fears of deflation. The Dow Jones settled below 8,000 for the first time since 2003, dropping 427.47 points or 5 percent to 7,990. Those dimmed hopes for the auto bailout is the one bright spot for capitalists and taxpayers to cheer about. For now, at least, those bumbling fools who run the Big 3 will not...

Washington, DC: A new interfaith, bipartisan coalition of public policy organizations, human rights activists and religious groups, the Coalition to Stop Shariah, will hold a press conference Thursday morning, November 6, to challenge the U.S. Treasury Department’s sponsorship of a training seminar for government employees on managing U.S. financial assets in compliance with Shariah Law. Shariah Compliant Finance is a program that has been described by its leading practitioners as “financial jihad” against the United States. Leading members of the Coalition will be holding a press conference at the National Press Club’s West Room at 10:00 a.m. They will be...

DOW currently down 561 points.

Let's give the banks more $$$$$$$$!

This past Friday, the DJIA closed at 8,451.19 down 5,713.54 points from it's all time high of 14,164.53, which we saw over one year ago on October 8, 2007. The DJIA had dropped over 40 percent! Today we saw the largest DJIA one-day point gain in history. It was 936.42 points or 11.08% - the fifth largest percentage gain. On October 20, 1987, the DJIA had bottomed out at 1,841.01, down 881.41 points from it's previous high of 2,722.42 which was achieved on August 25, 1987. This was a 32.38% drop from the market high of only two months earlier....

Security Warning Issued by DHS for Possible Terrorist Cyber Attack on U.S. Financial Institutions Friday, December 01, 2006 WASHINGTON — The government warned on Thursday of a possible Internet attack on U.S. stock market and banking Web sites from a radical Muslim group, but officials said the threat was unconfirmed and seemed to pose no immediate danger. The notice was issued to the U.S. cybersecurity industry after officials saw a posting on a "Jihadist Web site" calling for an attack on U.S. Internet-based stock market and banking sites in December, said Homeland Security Department spokesman Russ Knocke. There is no...

Wall Street posted a dramatic comeback Monday afternoon to avoid record losses but global credit fears still pushed the Dow below the pivotal 10,000 level for the first time since October 2004. The Dow Jones Industrial Average slid 328.30 points, or 3.18%, to 9990.47. The broader S&P 500 Index lost 38.24 points, or 3.50%, to 1060.76 while the Nasdaq Composite fell 84.43 points, or 4.34%. to 1862.96. The consumer-friendly FOX 50 dropped 25.65 points, or 3.12%, to 797.02. “There was a palpable sense of fear about how bad things could get,” said Michael James, senior equity trader at Wedbush Morgan...

Dow slides below 10,000 for first time in nearly 4 years. U.S. stocks tumbled on Monday, sending the Dow industrials below the 10,000 mark for the first time in nearly four years, as last week's $700 billion bailout package and government interventions in Europe over the weekend failed to soothe nervousness in global markets. Europe didn't reach an accord on bailouts over the weekend, and instead each country is handling the fallouts on their own. Germany backed its retail deposits, following similar moves by Ireland and Greece. Holland nationalized the Dutch operations of Fortis, and a new 50 billion euro...

Bad day for Wall Street

This is it. This is what they call "a Triple OhmyGad!" Say it now. Get it out of your system. Roll up the office window and shout if it will help. "Ohmygad-ohmygad-ohmygad!" There. Is everyone set? Few things prepare us for the kind of extraordinary developments that took place last night. The collapse of Lehman Brothers. The federal intervention. The sudden takeover, or rescue, of Merrill Lynch. It is tempting at times like this for people to think of developments like the Crash of '29 and to panic. But the reality is that the banking sector is not America. Wall...

market fall 300 points in early trading. Looks like a rough ride , hold on!!

WASHINGTON (AP) — An attorney who volunteered to help Barack Obama improve his relationship with Muslim and Arab-Americans has resigned from the campaign amid questions about his connection to a fundamentalist imam.

The Labor Department says employers slashed jobs by 63,000 in February, the most since March 2003. The unemployment rate dipped to 4.8 percent as people leave the labor force. Confidence in the economy dropped to a new low as worries about a possible recession, persistent problems in the housing and credit markets and lofty energy prices put people in a more gloomy mind-set.

Behind the recent bad news lurks a much deeper concern: The world economy is now being driven by a vast, secretive web of investments that might be out of anyone's control.

Dow Jones Indexes, a leading global index provider, today announced it was named the "Best Islamic Index Provider" by Islamic Finance News. The selection was made by a record 1,502 Islamic finance professionals worldwide. "This award acknowledges our achievements in and dedication to providing the most comprehensive, reliable and established family of Islamic indexes. The Dow Jones Islamic Market Indexes were the first to measure the performance of stocks and bonds that comply with Islamic investment principles, and we remain committed to further developments in this area," said Michael A. Petronella, president of Dow Jones Indexes. "The award also recognizes...

Excerpt - Murdoch's Dow opens Web Journal to some free access LONDON, Jan 10 (Reuters) - Dow Jones & Co has begun opening access to previously paid-for online Wall Street Journal content just weeks after the $5.6 billion buyout by Rupert Murdoch's News Corp (NWSa.N: Quote, Profile, Research). An item in the Wall Street Journal Europe newspaper on Thursday said the company has rolled out a new Web site offering free access to all its editorials and opinion columns. Core news content remains a subscription service. The move represents one of the first tangible signs of how Murdoch is putting...

With a week to go before the News Corporation takes control of Dow Jones & Company, there are already management changes under way at the top of Dow Jones. Richard F. Zannino, Dow Jones’s chief executive, will leave the company after staying for a time to help with the transition, Dow Jones announced yesterday. People briefed on the matter said that both Mr. Zannino and L. Gordon Crovitz, the publisher of The Wall Street Journal, would be succeeded by trusted lieutenants of Rupert Murdoch soon after the takeover was complete. Executives at both companies say there will be a broader...

FWI... Futures ... Dow Jones -85.00 NASDAQ - 14.50 S & P -8.30 NIKKEI -550 See http://money.cnn.com/data/premarket/ and www.yahoo.com US dollar down to it lowest:

On Monday morning, as fresh news of severe losses by the giant financial groups, UBS and Citigroup, revealed even more damage inflicted by this summer's credit squeeze, the reaction of stock markets was clear. They rallied. In Monday's trading, the Dow Jones Industrial Average, still the most widely watched index of the US stock market, managed to top the all-time peak itreached on July 19. This was broadly representative of the most important developed market indices. The US S&P 500 index and Germany's Dax index are within 1 and 2 per cent respectively of their mid-July highs. Neither the S&P...

Another scary story about globalism. The London Times reports that Russia's Gazprom, the state owned gas company, is trying to outbid Rupert Murdoch in purchasing the Wall Street Journal, owned by Dow Jones. Can you imagine Russia dictating the editorial policy of the Wall Street Journal? I'm sure this would be every globalists utopia and every patriots nightmare. Globalists seem to think that foreign powers buying up everything in the United States is a great thing that will usher in a world of peace where everyone will be too busy buying and selling instead of fighting. Yeah right! This is...

News Corp. filed an S-4 (proxy statement/prospectus) late today with the SEC, which contains highly detailed description of the how the deal with Dow Jones came about (starting March 14 to August 1, when the deal was announced), as well as others that were interested (not named). “Ruby Newco” is the temporary merger holding company/subsidiary of News Corp. (nyse: NWS - news - people ) Some highlights: -- The independent editorial committee (independent of News Corporation, Dow Jones (nyse: DJ - news - people ), the Murdoch family and the Bancroft family) to oversee the Journal’s editorial integrity will be:...

Billionaire Warren Buffett's holding company bought nearly 2.8 million shares of Dow Jones & Co. earlier this year before Rupert Murdoch sealed his deal to buy The Wall Street Journal's publisher. Berkshire Hathaway Inc. filed its quarterly summary of its $61.1 billion portfolio of US stocks with the US Securities and Exchange Commission on Tuesday. The filing did not state how much Berkshire paid for the Dow Jones shares. Berkshire bought the Dow Jones shares sometime in April, May or June, so it could have paid as little as $34 a share. Berkshire held 2.78 million shares of Dow Jones...

It'll be a few months yet before News Corp. completes its planned $5.6 billion purchase of Dow Jones, but Chairman and Chief Executive Rupert Murdoch is already mapping the road ahead for the company. During a conference call Wednesday to discuss his company's fourth fiscal quarter earnings, Murdoch painted in broad strokes some of his plans for the parent of The Wall Street Journal. In addition to reaffirming that he plans to make "necessary investments" in Europe and Asia, Murdoch said that he intends to expand coverage of "national, international and non-business news, of course without diminishing the Journal's business...