DataBank: Dow Cracks the Ceiling Twice, but Falls Back
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The Dow Jones industrial average briefly surpassed its all-time closing high on two occasions this week, only to fall back each time and close below the record.
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U.S. stocks climbed on Wednesday, driving the Dow to an all-time high for a second day, as data showing a weaker-than-expected services sector reaffirmed views the Federal Reserve will keep interest rates unchanged.
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Wall Street bounded higher for the second straight day yesterday as investors reveled in sharply falling oil prices and the probusiness agenda of the second Bush administration. The Dow Jones industrials gained more than 177 points for its best day of 2004, while the Standard &amp; Poor's 500 closed at its highest level since early 2002.
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Stocks declined for a second day on mounting evidence that a housing slump is putting the brakes on the economy.
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The Dow Jones industrial average dropped more than 360 points Friday  -  the 20th anniversary of the Black Monday crash
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Stocks fell sharply for a second day on Wednesday after data showing higher-than-expected labor costs stoked worries about inflation and interest rates.
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NEW YORK -- The Dow Jones industrial average surged past its all-time trading high of 11,750.28 Tuesday, taking yet another step in its recovery from seven years of market turmoil.
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By George Chamberlin , Daily Transcript Financial Correspondent. Stocks rallied sharply Wednesday for the second consecutive session.
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Stocks fell for a second straight session Friday amid continued pessimism about the health of the economy.
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GDP data weaker than expected but stocks continue record-breaking rally.
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Back and forth. Back. And forth. No, this isn't baseline tennis. It's the Dow Jones industrial average, which has generally been stuck in a trading range--9000 to 10,500--for the past five years. "While the Fed is as accommodative as it's been since the late 1970s," says Brian Wesbury, chief economist at Griffin, Kubik, Stephens &amp; Thompson, "potential inflation could really knock earnings growth down to single digits." The market might get stuck in a trading range for a few years more.
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Volatility returned to Wall Street yesterday, sending stocks plunging as investors grew more uneasy about the economy and whether the Federal Reserve will take the steps needed to prevent credit market problems from spreading further. The Dow Jones industrials fell 280 points.
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The Dow closed at its highest level in seven months, the Nasdaq in nine months and the S&amp;P hit a fresh three-year high. The US stock market has been on an upward path since the re-election of President George W Bush.
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Investor's Business Daily - A funny thing happened on the way past the 2000-02 bear market: Assets in 401(k) accounts soared.
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U.S. stocks slid sharply for a second day on Wednesday after data showing higher-than-expected labor costs stoked fears that inflation and rising interest rates will harm corporate profits.
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NEW YORK -- Wall Street suffered a sharp pullback Monday as investors returned from the Thanksgiving weekend with questions about the strength of the retail sector following a rare sales decline at Wal-Mart Stores Inc. The Dow Jones industrials fell 125 points.
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(Corrects to show two-day gain was most in more than a year in first paragraph.). By Margo Towie. Oct. 28 (Bloomberg) -- Dow Jones Industrial Average stocks fell in Europe after the index&#39;s biggest two-day gain in almost a year and a half.