Today's stock market news, Feb. 12, 2014: The Dow Jones Industrial Average soared more than 192 points on Tuesday after new Fed chair Janet Yellen stressed that monetary policy is unlikely to change under her leadership. The Dow ticked above 16,000 for the first time since Jan. 24. The S&P rose 1.1% to close at 1,819.75 and the Nasdaq increased 1% to 4,191.04.
Today's stock market news, Feb. 11, 2014:
U.S. stocks were flat on Monday, as investors anxiously await today's testimony from Federal Reserve Chair Janet Yellen. A copy of Yellen's prepared testimony before the House of Representatives was released at 8:30 a.m.
Yellen will testify before U.S. lawmakers at 10 a.m. The Fed Chair is neither expected to waver on her commitment to taper the central bank's Quantitative Easing program, nor make any off-the-cuff remarks that would signal near-term rate changes.
Stock Market Today, Feb. 10: U.S. stocks were buoyant but fluctuating today, with both the Nasdaq and S&P 500 closing in green territory, although the Dow slipped.
The Dow Jones Industrial Average closed up 0.1%, or 7.71 points, at 15,801.79 points; The S&P 500 closed up 0.2%, or 2.82 points at 1,799.84; and the Nasdaq Composite Index closed up 0.5%, or 22.3 points at 4,148.17 points.
Today's stock market news, Feb. 10, 2014: The markets recovered last week after a choppy start to February trading. On Thursday and Friday, the markets dismissed disappointing unemployment numbers and tepid economic data. The S&P 500 increased 2.6% over the two days.
Today's stock market news, February 6, 2014: U.S. stocks rebounded from intraday lows on Wednesday. The Dow Jones Industrial Average remained steady, finishing at 15,440, while the Nasdaq fell 0.5% to 4,011. The S&P 500 slipped 0.2% to 1,751.
U.S. stock futures were up Thursday prior to jobless claims data. According to the Challenger Job-Cut Report, the U.S. economy had 45,107 planned full-time job cuts in January, up 12% year-over-year. The heaviest cuts occurred in the retail sector, as consumers continue to shift toward online channels.
Today's stock market news, Feb. 4: The Dow Jones Industrial Average plummeted more than 326 points on Monday, its worst day in seven months. A strong selloff pushed the market down 2% on disappointing January auto sales from Ford (NYSE: F) and General Motors (NYSE: GM) and poor manufacturing data in the U.S. and China. Emerging-market health remains a steep concern for investors on Tuesday.
Stock Market Today, Feb. 3: U.S. stocks closed down Monday after a rough trading session on the heels of a disappointing report on U.S. manufacturing and ahead of a busy week for economic indicators.
The Dow Jones Industrial Average closed down 326.05 points, or 2.1%, at 15,372.80 points; the S&P 500 Index closed down 2.28%, or 40.7 points, at 1,741.89; and the Nasdaq Composite Index closed down 2.61%, or 106.92 points at 3,996.96.
That's because British medical technology company Smith & Nephew PLC will buy ArthroCare in a $1.7 billion all-cash deal, a move aimed at tackling the growing sports medicine industry.
Today's stock market news, Feb. 3: U.S. markets slumped on Friday and posted their worst month since May 2012.
The Dow Jones Industrial Average tumbled 4.88% in January. Last week, mixed earnings from retail and tech giants collided with renewed concerns about emerging markets and production declines in China.
With our eye on the Opening Bell, here are five stories to watch this morning.
Today's stock market news, Jan. 31: U.S. markets rose on Thursday, Facebook Inc. (Nasdaq: FB) reported strong earnings, and fourth-quarter GDP increased 3.2%. The Dow Jones Industrial Average rose 0.7% to 15,848, and the Standard & Poor's 500 Index jumped 1.1% to 1,794. U.S. stock futures were down Friday before the bell after Eurozone inflation levels unexpectedly fell by 0.7%.