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UPDATE: Wells Fargo released their earnings yesterday, October 21st. The Wall Street Journal commented on Wells’ earnings by writing, Wells Fargo Leads Stocks Into The Red : Wells Fargo led stocks lower after a bearish analyst note triggered a selloff that took down J.P. Morgan Chase and other financial shares. The Dow Jones Industrial Average closed down 92.12 points, or 0.9%, to 9949.36, marking its second decline in a row. J.P. Morgan and Bank of America were two of its weaker compon

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Products like Apple’s iPhone have lifted the company’s quarterly profit and beat Wall Street’s forecasts. Andrew Torgan CNN Financial News Producer Stocks on Wall Street struggled amid a deluge of corporate earnings reports. More than a third of the companies that trade on the Dow Jones Industrial Average are reporting this week. Today we heard from Caterpillar, Coca-Cola, Pfizer, DuPont and United Technologies. And in the tech sector, we got solid results from Apple and Texas

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With buyers back in action, US stocks rose to their fresh one-year highs and remained near their high points as optimism grew that an economic recovery, helped by solid third-quarter earnings reports and increased M&A; activity, is on cards. The Dow Jones industrial average rose 96.28 points, or 0.96%, to close at 10,092.19. The broader S&P; 500 index jumped 10.23 points, or 0.94%, to 1,097.91 and the tech-heavy Nasdaq climbed 19.52 points, or 0.91%, to 2,176.32, its highest point si

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NEW YORK – The nation was focused on a tropical storm spinning off the Carolinas and a hurricane headed for Florida. People were gaming out how a political novice named Sarah Palin might upend the presidential campaign. The Dow Jones industrial average closed at 11,220 on Sept. 5, the Friday after Labor Day last year. There was an economic slowdown under way — no one doubted that. Whether it amounted to a bona fide recession was semantics, a question for economists. But on Sunday morning, the fe

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U.S. stocks traded Mixed Friday as the Dow Jones Industrial Average slipped 40 points to 9540, the Standard & Poor’s 500 fell 2.26 points to 1029 but the Nasdaq Composite rose 3.2 points to 2031.Netezza Corp.’s (NYSE:NZ, $9.85, +$0.85, 9.44%) fiscal second-quarter profit dropped 77% as product sales fell for the maker of data-warehouse appliances, though it said a new product has high potential and the market was getting less cloudy. The9 Ltd. (NASDAQ:NCTY, $8.25, -$0.88, -9.64%) swung to a seco

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U.S. stock futures rose on Thursday morning after Ford reported a surprise earnings and following some mergers-and-acquisition activity. Another fresh wave of earnings releases awaits investors today, as well as jobless, homes data.S&P futures 500 futures rose 5.3 points to 954.70 while Nasdaq 100 futures rose 6.2 points to 1562.80. Futures on the Dow Jones Industrial Average improved 41 points.Economists are expecting claims to rise due to shifts in the timing of seasonal auto layoffs. “Headlin

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Dow opens below 7,00032 viewsSnoop DoggUS stocks tumbled again early on Monday, with the benchmark S&P 500 index entering a bear market for 2009 with only two months of the year gone.Both the S&P and the Dow Jones Industrial Average fell heavily soon after the markets opened, bringing their losses for the year to date above 20 per cent. The Dow was trading below 7,000 for the first time since 1996 at 6,940.83, a fall of 1.7 per cent. Meanwhile the S&P fell 1.8 per cent to 721.91 and the Nasdaq C

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