Closing Bell

  • Closing Bell

    Closing Bell: 11.23.07

    Bear Big’s Good Deal (NYP) If we’ve said it once, we’ve said it one billion times—it’s better to be fired by Bear Stearns than employed by it. There are a number of factors that led us to having two hundred t-shirts made up with this proverb printed across the back, the most basic being Carney’s […]

    / Nov 23, 2007 at 3:21 PM
  • Closing Bell

    Closing Bell: 10.02.07

    Sponsored by the Financial Times. Financial stocks took a pounding today. The Amex Broker-Dealer Index was down 2.52%. The volume on the stocks of companies such as Merrill Lynch and Citigroup was enormous. Merrill Lynch ended up losing 7.9%. Citi sunk down another 2%. Goldman lost 4.4%. JP Morgan Chase: down 2.6%. Both Goldman and […]

    / Nov 2, 2007 at 4:36 PM
  • Closing Bell

    Closing Bell: 11.1.07

    Sponsored by the Financial Times. Trick or treat? The great Pumpkin came and went, and all the markets got was a push back to the lowest levels in over a week, and the biggest one day decline since October 19, the anniversary of Black Monday. Stocks opened sharply lower. The major indexes started off the […]

    / Nov 1, 2007 at 4:48 PM
  • Closing Bell

    Closing Bell: 10.31.07

    Sponsored by the Financial Times. Investors began the morning warily. Trading volume was low and stocks climbed slowly and steadily. Last minute jitters before the Fed announcement sent the major indexes lower. But when the Fed revealed that even an economy growing faster than expected wouldn’t stop it from giving Wall Street the rate cut […]

    / Oct 31, 2007 at 4:35 PM
  • Closing Bell

    Closing Bell: 10.30.07

    Sponsored by the Financial Times. Stocks closed lower today on Fed uncertainty, even though the odds are pretty much stacked in favor of Ben Bernanke doing whatever the traders tell him to do. The DJIA was down 77.79 to 13792.47, the S&P 500 lost 9.97 to close at 1531.01, and the Nasdaq fell 0.73 to […]

    / Oct 30, 2007 at 5:09 PM
  • Closing Bell

    Closing Bell: 10.29.07

    Sponsored by the Financial Times. Stocks nudged up a bit today. The major indexes gained as much as three-quarters of a percent each before declining a bit to close with gains nearer to one-half of a percent. The Dow Jones Industrial Average rose 63.56, or 0.5%, to 13870.26. The S&P 500 bloomed 5.70, or 0.4%, […]

    / Oct 29, 2007 at 4:45 PM
  • Closing Bell

    Closing Bell: 10.26.07

    Sponsored by the Financial Times. The Dow Jones Industrial Average rose134.78, or 1%, to 13806.70. The S&P 500 added 20.88, or 1.4%, to 1535.28. The Nasdaq Composite Index shot up 53.33, or 1.9%, to 2804.19. One billion, four-hundred million shares traded hands on the New York Stock Exchange. The Amex Broker-Dealer Index gained 3.41%, helped […]

    / Oct 26, 2007 at 4:46 PM
  • Closing Bell

    Closing Bell 10.25.07

    Sponsored by the Financial Times. Equities. After a slow start, the stock market worked its way into another day of high volume and volatility. Shares we up and down a bit in the morning and then took a downward tumble midday. The down and the S&P climbed almost back to flat in afternoon trading, with […]

    / Oct 25, 2007 at 4:37 PM
  • Closing Bell

    Closing Bell 10.24.07

    Sponsored by the Financial Times. Equities: It was a whiplash day on the stock markets, as the major stock indexes made sharp reversals from gains in the first two days of trading this week and then rallied back to flat or nearly so in the last two hours of trading. “Trimming steep losses” and “well […]

    / Oct 24, 2007 at 4:34 PM
  • Closing Bell

    Closing Bell: 10.23.07

    Sponsored by the Financial Times. Stocks opened sharply higher this morning, took a brief dip two hours into the trading day, and the blazed right back up. The Nasdaq kept climbing for most of the day, while the Dow and the S&P took a brief dip as we went into the final hour of trading. […]

    / Oct 23, 2007 at 5:00 PM
  • Closing Bell

    Closing Bell 10.22.07

    Sponsored by the Financial Times. “Beating expectations.” “Defying expectations.” That’s not just Apple’s earnings people are talking about. Those are two of the phrases that people are using to talk about today’s stock market performance. The early morning reports from markets around the world, indications from the futures markets and opening bell market movements all […]

    / Oct 22, 2007 at 4:38 PM
  • Closing Bell

    Closing Bell 10.19.07

    Sponsored by the Financial Times. There’s always a bull market somewhere. We know that’s true because the guy on the television says it almost every night. But you would have been hard pressed to prove that point in today’s US equities markets. The major indexes all went down, down, down into a burning ring of […]

    / Oct 19, 2007 at 4:21 PM
  • Closing Bell

    Closing Bell 10.18.07

    This market summary is brought to you by the Financial Times. If you weren’t paying attention to the market’s today, you could be forgiven for thinking that little happened. The major stock indexes landed about where they ended up at the end of yesterday but took a bumpy ride to get there. The Dow dropped […]

    / Oct 18, 2007 at 4:28 PM
  • Closing Bell

    Closing Bell 10.17.07

    Sponsored by the Financial Times. Volume and volatility climbed today, with the major stock indexes swinging wildly up and down. Stocks opened significantly higher than yesterday’s close, cut that gain in by half mid-afternoon, only to recover much of the lost ground toward the end of the day. Both the Dow and the S&P hit […]

    / Oct 17, 2007 at 4:44 PM
  • Closing Bell

    Closing Bell 10.16.07

    Sponsored by the Financial Times. Let’s begin at the end, with the after the bell earnings reports from Intel and Yahoo. Intel’s net income jumped 43%, which was the number everyone had been talking about earlier today. Sales rose to $10.1 billion. Margins are totally awesome. Over at Yahoo, it’s going the other way. Net […]

    / Oct 16, 2007 at 4:26 PM
  • Closing Bell

    Closing Bell 10.15.07

    Sponsored by the Financial Times. Oil up. Stocks down. Dollar unseen in days, possibly weeks. And Citigroup totally head-faked the market by lowering expectations so low just two weeks ago that today they were able to say they beat the expectations. It was down, down, down and then a mini-up on all the major indexes. […]

    / Oct 15, 2007 at 4:37 PM
  • Closing Bell

    Closing Bell: 10.12.07

    Sponsored by Financial Times. Stocks ended the week on a high, after a Thursday downturn sparked by tech selloffs. The Dow rose 77.26 to 14093.08, the S&P 500-stock index gained 7.39 to 1561.80, and the Nasdaq was up 33.48 to 2805.68. Want more? FT Alphaville.

    / Oct 12, 2007 at 2:16 PM
  • Closing Bell

    Closing Bell: 10.11.07

    Sponsored by the Financial Times Despite hitting record intraday highs, stocks closed lower, due in large part to a selloff in tech shares, as well as unkind words for Baidu.com, the announcement of imminent layoffs at JP Morgan and comments from European central bankers. The DJIA was down 63.57 to 14015.12, the S&P 500 lost […]

    / Oct 11, 2007 at 5:44 PM
  • Closing Bell

    Closing Bell 10.10.07

    Sponsored by the Financial Times. Light volume and mixed results. Dow down. Nasdaq up. S&P somewhere in between. Bonds just sat. Only 841.3 million shares traded on the New York Stock Exchange today. Slightly more stocks declined than rose: 1,720 to 1,538. The Dow Jones Industrial Average declined 84.30 to 14080.23. The S&P 500 fell […]

    / Oct 10, 2007 at 4:35 PM
  • Closing Bell

    Closing Bell: 10.08.07

    Sponsored by the Financial Times. The Federal Reserve cares. Wall Street took that message and ran with it today, after the release of the official notes from Federal Open Market Committee’s September 18th meeting. The Dow Jones Industrial Average jumped up 120.80 to 14164.53. Record high. Rah. Rah. The Standard & Poor’s 500 rose 12.57 […]

    / Oct 9, 2007 at 4:34 PM
  • Closing Bell

    Closing Bell 10.05.07

    Sponsored by the Financial Times. Employment report! Employment Report! Any gnus is good gnus, with market gnus! Equities markets shot through the ceiling, only to settle down a bit from record highs—blah, blah, blah—toward the end of the day. The Dow Jones Industrial Average jumped 91.70 to 14066.01. The S&P 500 repealed August, rising 14.75 […]

    / Oct 5, 2007 at 4:38 PM
  • Closing Bell

    Closing Bell 10.04.07

    Sponsored by the Financial Times. Not exactly on exciting day on the markets. The Dow Jones Industrial Average inched upward 6.26 to 13974.31. The Standard & Poor’s 500 limped forward 3.25 to 1542.84. The Nasdaq Composite Index scampered 4.14 to 2733.57. On the New York Stock Exchange 1.10 billion shares traded hands, with 2,039 stocks […]

    / Oct 4, 2007 at 4:36 PM
  • Closing Bell

    Closing Bell 10.03.07

    Sponsored by Financial Times. Stocks closed lower today amid big declines in tech. The DJIA was down 79.26 to 13968.05, the S&P 500 lost 7.04 to close at 1539.59, and the Nasdaq fell 17.68 to 2729.43. Want more? Head over to FT Alphaville.

    / Oct 3, 2007 at 6:25 PM
  • Closing Bell

    Closing Bell 10.02.07

    Sponsored by the Financial Times. The equities markets broke out of correlation today, with the stock of large companies being pushed down while those of smaller companies continued to rise. This was reflected in the indexes heading in opposite directions. The Dow Jones Industrial Average fell 40.24 to 14047.31. The S&P 500 was nearly flat, […]

    / Oct 2, 2007 at 4:30 PM
  • Closing Bell

    Closing Bell 10.1.07

    Sponsored by the Financial Times. Which you can now read online for free. More or less. Is it already October? It seems like it was just yesterday that we were sitting in the Gowanus Yacht Club sipping Duff’s and contemplating the plight of the quant funds, leveraged buyouts and wondering whether or not Citigroup’s Chuck […]

    / Oct 1, 2007 at 4:05 PM
  • Closing Bell, FOREX

    Closing Bell 09.29.07

    Brought to you by Financial Times To the tune of lowered income, increased spending and plummeting value of the dollar, major indexes down on the day. The DJIA down -17.31 to 13895.63. The S&P 500 lost -4.63 to close at 1526.75and the Nasdaq fell -8.09to 2701.50. Random Index spinner: Hang Seng Index: up 77.32 to […]

    / Sep 28, 2007 at 4:18 PM
  • Closing Bell

    Closing Bell 09.27.07

    Brought to you by Financial Times. Tomorrow is the last trading day of Q3 and we expect to see some increased volatility in trading Friday. Today saw the highest rise of the Nasdaq since July despite weakened new-home sales which declined 8.3%. New home purchases have slowed to a crawl – 795,000 its lowest level […]

    / Sep 27, 2007 at 4:30 PM
  • Closing Bell

    Closing Bell 09.26.07

    Brought to you by Financial Times Up, up and away. Major indexes pressed close to record highs. It’s like we’re erasing August from the calendar. The DJIA up 131.61 to 13910.26, not far from its record close of 14000.41,The S&P 500 up 11.03 to 1528.24. The Nasdaq up 18.08 to 2701.53. The Russell up 6.12 […]

    / Sep 26, 2007 at 4:30 PM

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