Markets Friday, 10/24/2008

Friday, 10/24/2008

| Dow : 8378.95 down 312.30 | S & P : 876.77 down 31.34
| NASDAQ: 1552.03 down 51.88 | Bond (10Y): 3.68%, 102.53

MARKETS:
Stocks can't shake the blues
Wall Street gives up comeback attempt as global slowdown woes
dominate, capping a dismal week.

U.S. stocks' late comeback falls short; Dow industrials los...

Date: Fri, 24 Oct 2008 16:03:47 -0400

U.S. stocks' late comeback falls short; Dow industrials lose 320 points
10/24/2008 4:01:41 PM EDT

Oil falls $3.69, settling at $64.15 a barrel, as recession ...

Date: Fri, 24 Oct 2008 14:48:02 -0400

Oil falls $3.69, settling at $64.15 a barrel, as recession fears out
weigh news that OPEC will cut production.

Dow drops 500 points minutes after market open on global re...

Date: Fri, 24 Oct 2008 09:38:05 -0400

Dow drops 500 points minutes after market open on global recession
fears.

U.S. stocks to open sharply lower...

U.S. stocks to open sharply lower following heavy Asian and European selling
10/24/2008 8:21:56 AM EDT

Dow industrials jump 225 points

Dow industrials jump 225 points
10/23/2008 10:46:36 AM EDT

After two brutal days on Wall Street, stocks open higher...

Date: Thu, 23 Oct 2008 09:33:05 -0400

After two brutal days on Wall Street, stocks open higher despite news of
more job cuts, housing troubles and poor corporate results.

U.S. first-time jobless claims rise to 478,000 in latest week, up 15,000

Date: Thu, 23 Oct 2008 08:35:38 -0400

U.S. first-time jobless claims rise to 478,000 in latest week, up
15,000
10/23/2008 8:31:51 AM

Markets Wednesday, 10/22/2008

Wednesday, 10/22/2008

| Dow : 8519.21 down 514.45

| S & P : 896.78 down 58.27

| NASDAQ: 1615.75 down 80.93

|Bond (10Y): 3.60%, 103.31

MARKETS:
Another stock battering
Dow ends down 514 points, Nasdaq at 5-year low as weak earnings,
slumping oil prices add to recession fears.

Major U.S. stock indexes slide 4%-6%; S&P closes below 900 level

Date: Wed, 22 Oct 2008 16:10:50 -0400

Major U.S. stock indexes slide 4%-6%; S&P closes below 900 level
10/22/2008 4:06:36 PM

U.S. stocks hammered, fueled by worries of global slowdown

Date: Wed, 22 Oct 2008 17:03:11 -0400
U.S. stocks hammered, fueled by worries of global slowdown

U.S. stock indexes are pummeled, with the major indexes down as much as
5%, as investors contend with a string of dispiriting earnings reports
and worries of global recession.

SanDisk shares touch 52-week low as Samsung pulls offer

SanDisk shares plunge as investors dump the chip maker after South
Korean electronics giant Samsung pulled its $26-a-share acquisition
offer.

AT&T profit rises, while iPhone sales surge

AT&T's third-quarter profit climbs 5.5%, with the company adding 2
million wireless customers.

Boeing's quarterly profit falls 37% on machinists' strike

Boeing Co. cites the strike called by machinists against at its
commercial-aircraft business as a key factor behind the aerospace
giant's third-quarter earnings drop of 37%.

McDonald's 'optimistic' as profit jumps 11%

McDonald's posts an 11% rise in third-quarter profit, helped by strong
sales both in the U.S. and abroad.

Oil prices dip below $68 a barrel after government's weekly inventory report confirms expected rise in crude and gasoline reserves.

Date: Wed, 22 Oct 2008 10:38:02 -0400

Oil prices dip below $68 a barrel after government's weekly inventory
report confirms expected rise in crude and gasoline reserves.

September's mass layoffs highest since 9/11, according to U.S. Labor Department.

Date: Wed, 22 Oct 2008 10:07:02 -0400

September's mass layoffs highest since 9/11, according to U.S. Labor
Department.

Wachovia posts loss of nearly $24 billion, including charges, far worse than expectations.

Date: Wed, 22 Oct 2008 07:05:06 -0400

Wachovia posts loss of nearly $24 billion, including charges, far worse
than expectations.

McDonald's scores highest U.S. sales growth of 2008 in third quarter; profit up 11%

Date: Wed, 22 Oct 2008 08:08:08 -0400

McDonald's scores highest U.S. sales growth of 2008 in third quarter;
profit up 11%
10/22/2008 8:03:57 AM

U.S. stock indexes open with losses Wednesday; Dow industrials fall 280 points

Date: Wed, 22 Oct 2008 09:45:56 -0400

U.S. stock indexes open with losses Wednesday; Dow industrials fall 280
points
10/22/2008 9:42:06 AM

Markets Tuesday, 10/21/2008

Tuesday, 10/21/2008

| Dow : 9033.66 down 231.77

| S & P : 955.05 down 30.35

| NASDAQ: 1696.68 down 73.35

| Bond (10Y): 3.70%, 102.44

MARKETS:
Stocks hit by recession fears
Wall Street retreats as earnings jitters take hold.

Yahoo posts profit decline, to cut thousands of jobs

Date: Tue, 21 Oct 2008 17:03:22 -0400
Yahoo posts profit decline, to cut thousands of jobs

Yahoo Inc. posts a third-quarter profit that falls sharply and says it
will trim its workforce by roughly 10% as the Internet company struggles
to mount a turnaround despite the troubled economy and a lack of
investor confidence.

The Technical Indicator: A checklist for signs of a market recovery

In the wake of the 2008 crash, the U.S. markets have rallied
respectably. But despite the upturn, the "all clear" hasn't been
signaled just yet. Here's a checklist for signs of a legitimate
recovery.

MarketWatch First Take: Bank deals are fueling an otherwise moribund M&A
market

U.S. Treasury Secretary Henry Paulson is hinting that the $250 billion
cash infusion aimed at nine banks is coming with strings.

Lehman's massive credit default swaps settle smoothly

A settlement in billions of dollars in Lehman Brothers credit-default
swaps is finalized without any big hitches, adding a note of support to
the recent recovery in credit markets.

Metals Stocks: Gold falls 2.8% as dollar strengthens; copper tumbles
5.2%

Gold futures fall 2.8% as a stronger U.S. dollar diminishes the precious
metal's appeal as an alternative investment.

Stocks end lower - Dow sheds 2.5%, Nasdaq drops 4.2%, S&P 500 slides 3.2% - in volatile session as investors remain anxious.

Date: Tue, 21 Oct 2008 16:02:08 -0400

Stocks end lower - Dow sheds 2.5%, Nasdaq drops 4.2%, S&P 500 slides
3.2% - in volatile session as investors remain anxious.

U.S. stock indexes lower on cautious corporate outlooks

Date: Tue, 21 Oct 2008 12:04:04 -0400
U.S. stock indexes lower on cautious corporate outlooks

U.S. stocks scale back an opening slide after disappointing earnings
reports and bleak forecasts from chip maker Texas Instruments Inc. and
chemical giant DuPont hammer the markets.

Yahoo expected to see earnings drop; Street watching for layoffs

Yahoo is expected to report fiscal third-quarter financial results as
analysts and investors question its ability to weather the financial
downturn without cutbacks.

Sun shares hammered following wide loss forecast

Sun Microsystems Inc. shares tumbled as much as 15% Tuesday following
the company's announcement it will swing to a first-quarter loss and
comments about the weakening economy affecting its business.

TI shares drop as disappointing forecast prompts downgrades

Shares of Texas Instruments Inc. fell sharply Tuesday morning after the
chip maker reported a 26% drop in third-quarter net profit and the
company's chief executive warned that consumers and corporations were
pulling back on spending "in this uncertain economy."

Treasury's Paulson tells banks to lend new government capital

Banks receiving investments from the government will be expected to loan
out the money to help revive liquidity in the credit market, Treasury
Secretary Henry Paulson says.

U.S. stock benchmarks quickly surrender more than 1%

Date: Tue, 21 Oct 2008 09:36:43 -0400

U.S. stock benchmarks quickly surrender more than 1%
10/21/2008 9:32:53 AM

Markets Monday, 10/20/2008

Monday, 10/20/2008

| Dow : 9265.43 up 413.21

| S & P : 985.40 up 44.85

| NASDAQ: 1770.03 up 58.74

| Bond (10Y): 3.83%, 101.22

MARKETS:
Stocks finish with a flourish
Dow up 413, jumping above 9,000, as investors welcome lending-market
improvement, Bernanke comments on second stimulus plan.

U.S. stocks end sharply higher as credit markets improve

Date: Mon, 20 Oct 2008 17:03:18 -0400
U.S. stocks end sharply higher as credit markets improve

U.S. stocks extend their gains, with energy shares paving the climb
higher after Fed Chairman Ben Bernanke backed more fiscal stimulus and
investors digested earnings reports from various sectors.

Governments' actions will stabilize banking industry, S&P says

Government actions around the world should stabilize the banking
industry and unfreeze debt markets, Standard & Poor's said Monday.

Treasury's Paulson tells banks to lend new government capital

Banks receiving investments from the government will be expected to loan
out the money to help revive liquidity in the credit market, Treasury
Secretary Henry Paulson says.

Foreclosure aid at top of agenda for revamped Fannie, Freddie

Under their new government-appointed chief executives, Fannie Mae and
Freddie Mac are focused on reducing foreclosures, improving liquidity in
the mortgage market and restructuring aspects of their business.

GM hasn't yet secured funds for Chrysler deal: report

General Motors Corp. has not yet been able to secure financing to close
a merger deal with rival automaker Chrysler LLC, The Wall Street Journal
reports.

Dow surges more than 260 points to new intraday high as credit continues to thaw and investors cheered by Bernanke's comments.

Date: Mon, 20 Oct 2008 14:10:06 -0400

Dow surges more than 260 points to new intraday high as credit continues
to thaw and investors cheered by Bernanke's comments.

Bernanke endorses a new fiscal stimulus, citing slowdown fears

Date: Mon, 20 Oct 2008 12:02:42 -0400
Bernanke endorses a new fiscal stimulus, citing slowdown fears

Another shot of fiscal stimulus may be needed now to help the U.S.
economy recover from what could be a protracted slowdown, Federal
Reserve Chairman Ben Bernanke says.

Market Snapshot: U.S. stocks gain as Fed chief supports more fiscal
stimulus

U.S. stocks remain mostly higher as Federal Reserve Chairman Ben
Bernanke backs more fiscal stimulus and investors digest quarterly
earnings reports from an array of sectors.

Economic Report: Leading indicators rise 0.3% in September

The nation's economy isn't in "free fall," though recovery may be a year
away, an economist at the Conference Board says as the research group
reports on leading economic indicators for September.

NRG Energy rallies on $6.2 billion buyout bid from Exelon

Electricity generator Exelon Corp. says it's offered to buy rival NRG
Energy Inc. in a $6.2 billion all-stock bid that it says would create
the largest power company in the U.S.

Bernanke's call for U.S. to consider a second stimulus plan electrifies Wall Street, with the Dow jumping 220 points.

Date: Mon, 20 Oct 2008 10:07:05 -0400

Bernanke's call for U.S. to consider a second stimulus plan electrifies
Wall Street, with the Dow jumping 220 points.

Breaking News: Powell endorses Obama

Date: Sun, 19 Oct 2008 08:28:44 -0500

WASHINGTON (AP) - Former Secretary of State Colin Powell endorses Barack
Obama for president.