Monday’s Market Recap (1/5/08)
January 5, 2009
Markets were down on Monday to begin the first full trading week of the year. The Dow Jones Industrial Average was lower by 81 points, and closed the day at 8,952 points. The Nasdaq composite index fell 4 points, and finished with 1,628 points, while the S&P 500 index was down 4 points as well, and finished at 927 points. The Russell 2000 index showed a loss of less than 1 point, and closed at 505 points. Bond prices were lower as the yield on the 10-year Treasury note went up to 2.46%, and the yield on the three-month T-bill went up to 0.08%. International markets were higher as Britain’s FTSE 100 added 0.39% and Japan’s Nikkei 225 added 2.07%. Read more
Friday’s Market Recap (1/2/09)
January 2, 2009
Trading volume was low again on the first trading session of 2009 sending markets into the green. The Dow Jones Industrial average ended 258 points higher and closed at 9,034 points. The Nasdaq composite index was up 55 points and closed at 1,632 points. The S&P 500 was up 28 points and finished at 931 points. The three major indexes have gone up over 6% for the week. The Russell 2000 index was 6 points higher and closed at 505 points. Overseas, Britain’s FTSE 100 was up 2.88% and Japanese markets were closed due to a holiday. Investors seem to have started to New Year with some optimism. Read more
Wednesdy’s Market Recap (12/31/08)
December 31, 2008
The past year will be remembered as one of the worst years for Wall Street, but it did end on a positive note. All three major U.S. indexes ended higher, each gaining over 1% on Wednesday. The Dow Jones industrial average added 108 points, and finished the trading day and the year at 8,776 points. The index has lost 33.8% since the beginning of 2008, proving to be the worst year for the Dow since 1931. The Nasdaq composite index was up 26 points, and closed with 1,557 points. On the year, the Nasdaq has been down 40.5%. The S&P 500 index ended 12 points higher, and finished the 2008 at 903 points. During 2008, the index declined 38.5%. Trading volume was low on the NYSE as many market players were on vacation as 1.3 billion shares were exchanged. The price on the 10-year Treasury note declined, as the yield went up 0.157%.
Tuesday’s Market Recap (12/30/08)
December 30, 2008
Wall Street rallied on the second to last trading day of the year as the financing arm for General Motors Corp. [GM: 3.9618, +0.2518 (+6.79%)], GMAC, was given a $5 billion loan from the government. The three major U.S. indices ended the day higher. The Dow Jones industrial average added 2.17% and closed with 8,668 points. The Nasdaq composite index was up 2.67% and closed with 1,550 points. While the S&P 500 index rose 2.44% and finished with 890 points. The Russell 2000 index went up 3.57% and closed at 482 points. Japan’s Nikkei225 stock average gained 1.28% in its final session of the year, while Britain’s FSTE 100 rose 1.7%. Read more
Monday’s Market Recap (12/29/08)
December 29, 2008
Monday proved to be a day of unease and uncertainty among markets, as fighting in the Middle East continued. The Dow Jones industrial average closed at 8,483 points, and lost 31 points for the day. The Nasdaq Composite index fell 19 points to close at 1,510, while the S&P 500 index declined 3 points and finished trading at 869 points. Demand for bonds increased sending prices higher. The yield on the 10-year Treasury went down to 2.12% from 2.14%. In other trading, the Russell 200 index closed at 466 points after falling by 10 points. Britain’s FTSE 100 added 2.44%, while Japan’s Nikkei 225 went up 0.09%. Read more
Friday’s Market Recap (12/26/08)
December 26, 2008
Markets reopened Friday with low volume that continued till close as the Dow Jones Industrial Average was up to 8,515 points, after gaining over 47 points. The Nasdaq added a little over 5 points and closed at 1,530 points. While the S&P 500 added almost 5 points and closed with 872, it seems that investor shrug off negative retail data this holiday season. Markets overseas were mixed with Japan’s Nikkei up 1.63% and Britain’s FTSE 100 down 0.93% to finish off the trading week. Read more
Wednesday’s Market Recap (12/24/08)
December 24, 2008
Low trading volume due to the holiday season kept markets in check as Wall Street rose slightly on Wednesday. The Dow Jones Industrial Average was up to 8,486 points, after gaining nearly 49 points. The Nasdaq added 3 points and closed at 1,524 points. While the S&P 500 added 2 points and closed with 865. Overseas markets were a different story, as Japan’s Nikkei 225 and Britain’s FTSE 100 declined 2.37% and 0.93% respectively. Trading was light across all markets as many investors were focusing on Christmas and other holidays. Read more
Tuesday’s Market Recap (12/23/08)
December 23, 2008
Bearish sentiment continued Tuesday, as markets finished at lower levels again. The Dow closed at 8,419 points, after losing 1.18%. This marks five straight days of losses for the Dow Jones Industrial Average. The Nasdaq lost .71%, and finished with 1,521 points. While the S&P 500 declined .97%, and closed at 863 points. The Russell 2000 declined 1.35%, and finished at 468 points. Japan’s Nikkei 225 stock average was up 1.57%, as Britain’s FTSE 100 was .16% in the green. Read more
Monday’s Market Recap (12/22/08)
December 22, 2008
Wall Street finished lower on Monday to begin the week. The Dow suffered a loss of 59 points after bearish trading, and finished the day at 8,519 points. The Nasdaq lost 31 points, and finished with 1,532 points. The S&P 500 went down 16 points, and closed at 871 points. As for smaller companies, the Russell 2000 lost 11 points, and closed at 475 points. In international markets, Japan’s Nikkei 225 gained 1.57% while Britain’s FTSE 100 fell 1.88%. Read more
Friday’s Market Recap (12/19/2008)
December 19, 2008
Markets retreated from their early morning highs to mixed territory. The Dow Jones closed down -25.88, or -0.30%, to end the day at 8,579.11. The Nadsaq and S&P 500 managed to finish slightly in positive territory by 0.29% and 0.77%, to close at 887.88 and 1,564.32 respectively. That markets made their early gains on word of $17.4B automotive industry bailout. General Motors [GM: 3.9618, +0.2518 (+6.79%)] seems to be the company that is going to benefit the most from the government intervention, but many analysts are worried that this is a scenario of throwing a lot of good money at bad. Only time will tell, but most Americans are also equally un-optimistic about the newly announce bailout plan. Read more


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