Advertisement
HomeCollectionsRally In Stocks
IN THE NEWS

Rally In Stocks

FEATURED ARTICLES
BUSINESS
By BLOOMBERG BUSINESS NEWS | December 12, 1995
NEW YORK -- U.S. stocks climbed yesterday as Exxon Corp., Mobil Corp. and other oil shares rallied to records on expectations of robust profits next year.Frigid temperatures in the Midwest and Northeast briefly sent the price of oil past $19 a barrel to a six-month high. The weather, coupled with the companies' above-average dividends, suggested oil stocks may outpace other issues this winter.The Dow Jones industrial average rose 27.46 points, to 5,184.32, recovering from two days of losses that drove it from a record close of 5,199.
ARTICLES BY DATE
BUSINESS
By BLOOMBERG NEWS | May 19, 2001
NEW YORK - U.S. stocks rebounded in the final 90 minutes of trading yesterday, wiping out losses to finish a fifth winning week in six, as natural gas and oil shares climbed. Exxon Mobil Corp. and General Electric Co. lifted the Standard & Poor's 500 Index and the Dow Jones industrial average. Declines in Palm Inc., Dell Computer Corp. and Agilent Technologies Inc. limited the Nasdaq composite index's gain. The Dow advanced 53.16, or 0.5 percent, to 11,301.74, its highest close since Sept.
Advertisement
BUSINESS
By Chicago Tribune | January 2, 1992
CHICAGO -- Beginning today, the stock market will be tapping its barometer for a glimpse at the rest of the year. The fate of stock prices in January has been a remarkably accurate predictor of performance for the full year.According to Yale Hirsch's "Stock Trader's Almanac," the Standard & Poor's 500 index has followed the direction it set in January for 36 out of the last 41 years through 1990.Last year maintained the trend. A bullish January -- with the S&P 500 index up 14 percent -- foretold a strong, 26 percent gain for 1991.
BUSINESS
By Kristine Henry | November 29, 1998
The Dow Jones industrial average reached an all-time high Monday after plunging more than 19 percent over four months with fears of global economic uncertainty. Does the rally signal good times ahead or is it simply the calm before the storm? Have the conditions overseas that helped cause the drop reallychanged?Ralph J. AcamporaMarket strategist, New York-based Prudential SecuritiesIt's all part of a very strong recovery that's not over yet. Stocks look great. There's too much money on the sidelines that hasn't participated yet.The drop from July to October had nothing to do with the economy -- it was the world scene.
BUSINESS
By New York Times News Service Bloomberg Business News contributed to this article | July 15, 1994
NEW YORK -- Stocks and bonds rallied yesterday in their best session in weeks, riding the crest of investor optimism brought on by low inflation data, a stabilizing dollar and some solid second-quarter corporate profits.The bond market led stocks higher, beginning a surge yesterday morning after the government reported that retail sales rose a modest six-tenths of 1 percent in June, providing more evidence that the economy was not overheating.This, combined with other reports this week that showed inflation to be under control, eased traders' concerns that the Federal Reserve would soon raise interest rates once again.
BUSINESS
By Bloomberg Business News | March 30, 1993
NEW YORK -- U.S. stocks closed below session highs yesterday after a late retreat led by paper and forest products issues.Shares of timber producers sank amid concern about increased government regulation, a specter that has haunted drugmakers for months. Weyerhaeuser Co. fell $2.625, to $41.125; Georgia-Pacific Corp. eased $1.75, to $60.875; and Longview Fibre Co. fell $1, to $17.375.The Dow Jones industrial average rose 15.12 points, to 3,455.10, as a drop in International Paper Co. offset gains in Minnesota Mining & Manufacturing and Chevron Corp.
BUSINESS
By Bloomberg Business News | January 28, 1995
NEW YORK -- U.S. stocks closed mixed yesterday, as optimism over a report showing inflation at a 30-year low gave way to concern that corporate earnings growth will suffer as the economy weakens.Banks, brokerages and insurance shares soared as the inflation report spurred a bond-market rally. Consumer products makers like tobacco, drug and food, whose profits are perceived as stable, also benefited.Conversely, cyclical stocks like metal, paper and chemical producers, which rise and fall along with the economy, plummeted.
BUSINESS
By Kristine Henry | November 29, 1998
The Dow Jones industrial average reached an all-time high Monday after plunging more than 19 percent over four months with fears of global economic uncertainty. Does the rally signal good times ahead or is it simply the calm before the storm? Have the conditions overseas that helped cause the drop reallychanged?Ralph J. AcamporaMarket strategist, New York-based Prudential SecuritiesIt's all part of a very strong recovery that's not over yet. Stocks look great. There's too much money on the sidelines that hasn't participated yet.The drop from July to October had nothing to do with the economy -- it was the world scene.
BUSINESS
By Bloomberg Business News | March 10, 1993
NEW YORK -- Led by companies whose earnings benefit from lower interest rates, stocks finished mixed yesterday on the heels of Monday's powerful rally."
BUSINESS
By Bloomberg Business News | November 25, 1992
NEW YORK -- Signs of a stronger economy sparked a rally in stocks yesterday, driving several market averages to new highs.Orders for durable goods recorded the largest one-month gain since July 1991, and consumer confidence jumped."
BUSINESS
By BLOOMBERG BUSINESS NEWS | December 18, 1996
NEW YORK -- U.S. stocks rallied yesterday for the first time in more than a week, recovering from early losses, as the Federal Reserve left key interest rates unchanged and Treasury bond yields fell from the day's highs.Bank and other financial stocks, whose cost of capital won't rise as a result of the Fed's inaction, led the advance. Regional banks, such as Banc One Corp., logged their biggest one-day gains since July 1992. Computer stocks such as Intel Corp., Microsoft Corp. and International Business Machines Corp.
BUSINESS
By BLOOMBERG BUSINESS NEWS | December 12, 1995
NEW YORK -- U.S. stocks climbed yesterday as Exxon Corp., Mobil Corp. and other oil shares rallied to records on expectations of robust profits next year.Frigid temperatures in the Midwest and Northeast briefly sent the price of oil past $19 a barrel to a six-month high. The weather, coupled with the companies' above-average dividends, suggested oil stocks may outpace other issues this winter.The Dow Jones industrial average rose 27.46 points, to 5,184.32, recovering from two days of losses that drove it from a record close of 5,199.
BUSINESS
By Bloomberg Business News | August 10, 1995
NEW YORK -- U.S. stocks closed mixed yesterday as technology shares rallied amid optimism that Microsoft Corp.'s Windows 95 will go on sale on time. Concern that interest rates will rise weighed on the Dow Jones industrial average.The Justice Department announced late Tuesday that it won't block the debut of Microsoft Corp.'s Windows 95 on Aug. 24. That spurred gains in other computer-related shares whose products depend on Microsoft technology."This removes a cloud over Microsoft which has been there forever and for any company that's involved with Windows 95 -- it's super-positive," said Anthony Conroy, managing director in charge of equity trading at Bankers Trust's Global Investment Management division.
BUSINESS
By Bloomberg Business News | January 28, 1995
NEW YORK -- U.S. stocks closed mixed yesterday, as optimism over a report showing inflation at a 30-year low gave way to concern that corporate earnings growth will suffer as the economy weakens.Banks, brokerages and insurance shares soared as the inflation report spurred a bond-market rally. Consumer products makers like tobacco, drug and food, whose profits are perceived as stable, also benefited.Conversely, cyclical stocks like metal, paper and chemical producers, which rise and fall along with the economy, plummeted.
BUSINESS
By New York Times News Service Bloomberg Business News contributed to this article | July 15, 1994
NEW YORK -- Stocks and bonds rallied yesterday in their best session in weeks, riding the crest of investor optimism brought on by low inflation data, a stabilizing dollar and some solid second-quarter corporate profits.The bond market led stocks higher, beginning a surge yesterday morning after the government reported that retail sales rose a modest six-tenths of 1 percent in June, providing more evidence that the economy was not overheating.This, combined with other reports this week that showed inflation to be under control, eased traders' concerns that the Federal Reserve would soon raise interest rates once again.
BUSINESS
By Bloomberg Business News | April 15, 1994
NEW YORK -- U.S. stocks closed little changed yesterday as nagging concern that the Federal Reserve will push interest rates higher to curb inflation offset a bounce in oil companies' shares."
BUSINESS
By Bloomberg Business News | August 26, 1993
NEW YORK -- The Dow Jones industrial average closed at another record high yesterday, but stocks as a whole were mixed, as strength in oil and telephone issues was undercut by a slump in Philip Morris Cos. and health-care stocks.The Dow rose 13.13 points, to 3,652.09, its sixth record in the past seven sessions. AlliedSignal Inc., Goodyear Tire & Rubber, American Telephone & Telegraph Co. and Texaco Inc. led the advance.The Standard & Poor's 500 Index gained 0.36, to a record 460.13, breaking Tuesday's high of 459.77.
BUSINESS
By BLOOMBERG BUSINESS NEWS | December 18, 1996
NEW YORK -- U.S. stocks rallied yesterday for the first time in more than a week, recovering from early losses, as the Federal Reserve left key interest rates unchanged and Treasury bond yields fell from the day's highs.Bank and other financial stocks, whose cost of capital won't rise as a result of the Fed's inaction, led the advance. Regional banks, such as Banc One Corp., logged their biggest one-day gains since July 1992. Computer stocks such as Intel Corp., Microsoft Corp. and International Business Machines Corp.
BUSINESS
By Bloomberg Business News | August 26, 1993
NEW YORK -- The Dow Jones industrial average closed at another record high yesterday, but stocks as a whole were mixed, as strength in oil and telephone issues was undercut by a slump in Philip Morris Cos. and health-care stocks.The Dow rose 13.13 points, to 3,652.09, its sixth record in the past seven sessions. AlliedSignal Inc., Goodyear Tire & Rubber, American Telephone & Telegraph Co. and Texaco Inc. led the advance.The Standard & Poor's 500 Index gained 0.36, to a record 460.13, breaking Tuesday's high of 459.77.
BUSINESS
By Bloomberg Business News | March 30, 1993
NEW YORK -- U.S. stocks closed below session highs yesterday after a late retreat led by paper and forest products issues.Shares of timber producers sank amid concern about increased government regulation, a specter that has haunted drugmakers for months. Weyerhaeuser Co. fell $2.625, to $41.125; Georgia-Pacific Corp. eased $1.75, to $60.875; and Longview Fibre Co. fell $1, to $17.375.The Dow Jones industrial average rose 15.12 points, to 3,455.10, as a drop in International Paper Co. offset gains in Minnesota Mining & Manufacturing and Chevron Corp.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.