Stock Market

Stock Market Today Slammed; Dow Jones Industrial Average Falls 167 Points

Dow Jones Industrial Average

Stock Market Today, May 15, 2014: The Dow Jones Industrial Average slumped as many as 200 points on Thursday on lukewarm housing numbers, poor retail earnings, and a sell-off in small-cap stocks.

Here are the closing numbers:

DOW: 16,447, -1.00%
S&P 500: 1,871, -0.93%
NASDAQ: 4,069, -0.77%

Now here are the top stories from the stock market today...

Here's When the Dow Jones Industrial Average Will Hit 17,000

Dow Jones Industrial Average

Money Morning's Defense and Tech Specialist Michael Robinson knows we've had a quiet recovery in the Dow Jones Industrial Average since February and that has him pointing to his calendar. Because he's confident the Dow is going to hit 17,000 by this date in 2014.

Robinson joined FOX Business' "Varney & Co." today (Wednesday) and told viewers why the markets are going up and when he expects the Dow to surpass 17,000. He also discussed why the recent news of an AT&T Inc. (NYSE: T) deal with DirecTV (Nasdaq: DTV) is so important to AT&T.

See for yourself, here...

Read More…

Wall Street News: Merger Mania Will Move Today's Markets

Wall Street News

Wall Street news today, May 12, 2014: The Dow Jones Industrial Average was flat on Friday as the market looks ahead to a critical succession vote by Pro-Russian loyalists in the Ukraine. Unimpressive jobs data also played a factor in the markets' performance.

This morning, U.S. Futures and global markets were on the rise after China's State Council committed to greater market liberalization over the weekend.

Here's what you need to know to make your Monday profitable:

The Dow Jones Industrial Average Flat Today on Ukraine Concerns

Dow Jones Industrial Average

The Dow Jones Industrial Average was flat on Friday as the market looks ahead to a critical succession vote by Pro-Russian loyalists in the Ukraine. Unimpressive jobs data also played a factor in the markets' performance.

Here are the closing numbers:

DOW: 16,583.34, +0.2%
S&P 500: 1,878.47, +0.15%
NASDAQ: 4,071.87, +0.5%

Now here are the top stories from today’s trading session.

Apple (Nasdaq: AAPL) Acquisition Rumors Highlight Today's Wall Street News

Wall Street news today, May 9, 2014: The Dow Jones Industrial Average jumped Thursday as U.S. Federal Reserve Chair Janet Yellen offered a positive outlook for the U.S. economy during her congressional testimony. The Nasdaq, however, was down after technology stocks took yet another hit.

This morning, U.S. Futures are in the red as new concerns over Ukraine have emerged.

Here's what you need to know to make your Friday profitable:

Financial News Today: Alibaba’s Under-The-Radar Investor

Financial News Today

Financial news today, May 8, 2014: The Dow Jones Industrial Average jumped Wednesday after Fed Chair Janet Yellen told the Joint Economic Committee of Congress that the U.S. economy needed additional support to buffer the "considerable slack" in the labor market. Yellen also stressed risks in the housing market and rising geopolitical tensions.

This morning (Thursday), U.S. futures are flat on positive Chinese trade data and the anticipation of jobless claims.

Here’s what you need to know to make your Thursday profitable:

Financial News Today: Alibaba Files, Twitter Plunges, and Yellen Set to Testify

Financial News

Financial news today, May 7, 2014: Major indices slipped on Wednesday on news that the OECD cut its 2014 global forecast for growth by 0.2%.

Federal Reserve Chairwoman Janet Yellen will testify before the Joint Economic Committee of Congress this morning at 10 a.m. On Thursday, Yellen will appear before the Senate Budget Committee.

Here's what you need to know to make your Wednesday profitable.

Today's Financial News: Details of the $14.2 Billion Merck-Bayer Deal and More

Financial News

Financial news today, May 6, 2014: U.S. futures were on the rise Tuesday morning on mixed global results and positive forecasts for the national economy. The Organization for Economic Cooperation and Development said it expects U.S. economic growth to rebound strongly in Q2 2014 after the brutal winter weather. The agency also expects inflation to remain in check until mid-2015.

Here's what you need to know to make your Tuesday profitable.

Wall Street News: 5 Things to Know Before the Market Opens

Wall Street news today, May 5, 2014: U.S. futures were in the red on Monday morning after new data indicated that Chinese manufacturing decreased for the fourth consecutive month in April. On Friday, all three major indices slipped after April's jobs report indicated erosions in the workforce participation rate.

Here’s the other news moving markets in the stock market today.

Dow Jones Today: Markets Slip on Jobless Rate, Ukrainian Tensions

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Dow Jones Today: The markets slid on Friday despite the fact that the unemployment rate slipped to a five-year low.
The jobless rate fell to 6.3%, beating expectations of 6.6%. In April, the U.S. economy created 288,000 jobs, but the labor participation rate slipped to 62.8% from 63.2%.
The Dow Jones Industrial Average was down 46.04 points to finish at 16,512.83. The S&P 500 slid 2.56 points to close at 1,881.12, while the Nasdaq was down 3.55 points to finish at 4,123.90.

Here’s your recap of today’s major market events.

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