dow jones industrials

Alcoa's 2Q profit sinks 24 percent on higher costs

Wed, 09 Jul 2008 11:28:49 -0500

Alcoa Inc., the world's third-largest aluminum producer, ushered in the second-quarter earnings season by posting a 24 percent earnings decline as rising production costs eroded profits, but the results still exceeded analysts' expectations.

Alcoa, the first of the Dow Jones industrials to report earnings this quarter, said Tuesday it earned $546 million, or 66 cents per share, for the three months ended June 30, compared with $715 million, or 81 cents per share, in the year-ago period.

Quarterly revenue dropped about 6 percent to $7.62 billion.

Oil's biggest day yet drags down stocks - Yahoo! News

Sat, 07 Jun 2008 06:05:33 -0500

NEW YORK - Oil prices made their biggest single-day leap ever Friday, dragging the Dow Jones industrials down nearly 400 points and raising the once-unthinkable prospect of $150 oil and more record gas prices by the Fourth of July. ADVERTISEMENT

Dow Jones Surges 300 Points On Investor Optimism

Tue, 01 Apr 2008 22:40:21 -0500

With the Dow Jones industrials average surging more than 300 points, Wall Street commenced the second quarter in positive territory. Investors picked themselves up from the sidelines in an optimistic fashion, hoping that the worst of the credit crisis was behind them.

Intensifying Credit Fears Sink Stocks

Thu, 13 Mar 2008 20:56:39 -0500

Stocks plunged early Friday as investors worried that a plan to ease a liquidity crisis at Bear Stearns Cos. indicates how severe credit troubles have become. Each of the major indexes lost more than 1 percent; the Dow Jones industrials fell about 140 points.

Stocks Soar After Fed Credit Plan

Mon, 10 Mar 2008 20:57:56 -0500

Wall Street rebounded sharply Tuesday after the Federal Reserve and other central banks said they will pump $200 billion into the financial markets to help ease the strain from the credit crisis. The Dow Jones industrials surged nearly 250 points.

Stocks Up Sharply After Fed Credit Plan

Mon, 10 Mar 2008 20:57:56 -0500

Stocks Rise on Fed Lifeline to Wall St.

Mon, 10 Mar 2008 20:57:56 -0500

Stocks Tumble Following Jobs Report

Fri, 07 Mar 2008 05:59:16 -0600

Stocks tumbled for a second consecutive session Friday after the government's much-anticipated February jobs report revealed employers slashed payrolls last month, touching off concern that a cornerstone of the economy's growth in recent years is showing signs of strain. The Dow Jones industrials fell more than 200 points, bringing their two-day slide to more than 400.

Stocks Fall Amid Credit Concerns

Thu, 06 Mar 2008 08:02:31 -0600

Stocks tumbled Thursday as renewed concerns about the credit markets and another dose of disappointing housing numbers intensified the market's worries about the sagging economy. The Dow Jones industrials fell more than 100 points while the broader Standard & Poor's 500 index gave up more than 1 percent.

Credit Woes, Housing Data Drag on Stocks

Thu, 06 Mar 2008 08:02:31 -0600