Tag: dow jones

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  • Dow Down in 2015

    Dow ends with worst year since 2008

    The Dow ended down 2.2% in 2015 — its worst performance since 2008. The S&P 500 also ended the year down 0.7%. It was the worst year for those two indexes since markets collapsed 7 years earlier. Tech companies helped the Nasdaq finish up 5.7%. Volatility was a key factor in the Dow’s decline in 2015. […]

  • Stock Markets Rally

    Dow Up 620 As Markets Rally In Big Wednesday Rebound

    The Dow Jones Industrial Average got over the hump Wednesday, closing up more than 600 points for an almost 4% gain as trading seemed to stabilize a bit after a week of chaos. Foreign markets, including those in Asia and Europe, ended the day down but with smaller dips than earlier in the week. Shanghai’s […]

  • China Stocks Collapse

    China Stocks Collapse As Sell-Off Again Spreads Worldwide

    China stocks continued to plunge on Monday, hurting other Asia markets and sending Dow futures down over 400 points before the trading day begins in New York. The benchmark Shanghai composite index was down 8.5 percent at the close of trading Monday, nearly 40 percent lower than its June high. Chinese media is calling it […]

  • Stock Markets Fall

    Stocks Tumble Wordwide Over China Fears

    China’s currency devaluation ended a week ago but stocks worldwide cratered on Thursday over persistent fears that the second-largest economy in the world was in the midst of a slowdown. News that Chinese manufacturing had slowed, with the poorest showing since 2008, added to those concerns and sent global stocks sharply downward. The Shanghai Composite […]

  • Two quarters of 0 gains at S and P

    The S&P 500 Is Looking A Lot Like 1904 At The Moment

    Google created the biggest single day gain in stock market history, Amazon beat estimates by a full $0.33, and other company’s surprised Wall Street with their big numbers this past week. Buried in all of that excitement is something we haven’t seen since 1904. The S&P 500 posted two consecutive (back to back) quarters of […]

  • The Dow Jones Industrial Average – A BusinessPedia Entry

    Note to BusinessPedia readers: A couple of weeks ago, I said I was going to do a BusinessPedia entry on the bailout plan. Well, that’s when I thought I knew what it was. Turns out that a bailout plan on paper is far different from a bailout plan in action. I’m going to wait for […]

  • Congress Fails the Bailout, Dow Plunges

    Looks like the Dow Jones wanted the bailout plan to pass. Today, Congress dumped the bailout plan by 23 votes (one man, Governor Weller of Illinois, didn’t vote at all). Democrats voted to pass the bill. Republicans did not, spurring a storm of political accusations (find the text of Nancy Pelosi’s speech here) and speculation. […]