stock market

U.S. stocks are closing higher, recovering some of their big loss from a day earlier, after a Federal Reserve official said he supported more measures to stimulate the economy.

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U.S. stocks opened higher as the Dow Jones industrial average heads higher for the second day in a row. The early gains turned the Dow positive for the year.

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Calm returned to the stock market Monday after a spasm of fearful selling last week. Major indexes fell modestly in morning trading.

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The stock market suffered its worst day of the year Friday after a surprisingly weak report about hiring and employment cast a pall of gloom over the U.S. economy. The Dow Jones industrial average plunged 275 points.

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The past 10-12 years have seen some big stock market reverses from time to time. And those reverses may have soured some younger investors.

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A wave of political uncertainty in Europe spread through financial markets Tuesday, pushing U.S. stocks sharply lower.

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"Sell in May and go away." It's an old Wall Street axiom for stock market players. But one New Jersey expert say with all that's going on, it may not be a wise investment course.

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Are Wall Street investors less concerned about Europe and its many challenges now than they were earlier? One Jersey expert says yes and no.

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Investors on Wednesday all but forgot the previous day's burdens and sent stocks soaring. It was a stark turnaround from the day before, when they'd pushed the market into a free-fall on worries about European debt and corporate earnings in the U.S.

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The stock market is closing down sharply, extending its longest and deepest slump this year.

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