Archive for August, 2007
Stocks start with small gains
U.S. stocks crept higher at Thursday’s open as investors welcomed Bank of America’s stake in troubled mortgage lender Countrywide Financial and bet on a Fed rate cut soon.
A rally at the open
Stocks opened sharply higher Wednesday as credit markets calmed down a bit and speculation grew on Wall Street that a Fed rate cut was coming, maybe soon.
Wall Street slips at opening bell
Stocks opened lower Tuesday as investors looking for a flight to safety continued their move to bonds.
Stocks try to build on rally
U.S. stocks opened modestly higher Monday, extending big gains made on Friday after the Federal Reserve’s cut in the discount rate.
Band-Aid or cure?
Wall Streeters got a break Friday when the Federal Reserve cut the discount rate - goosing market confidence.
Stocks soar into the weekend
Stocks surged Friday after the central bank cut its mostly symbolic discount rate, easing worries about the credit and mortgage markets that have roiled Wall Street for weeks.
Dow rockets 300 points
U.S. stocks surged at Friday’s open after the Federal Reserve cut a largely symbolic interest rate in the wake of “deteriorated” market conditions.
Best And Worst U.S. Housing Markets
Lower start for stocks
U.S. stocks eased at Wednesday’s open as investors continued to worry about credit than inflation.
Wal-Mart drags on Dow
Stocks were mixed Tuesday morning as investors weighed a mild reading on core inflation, a narrowing of the trade gap and an earnings miss from Dow component Wal-Mart Stores.