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Richard C. Gross

Articles by Richard C. Gross

Wall Street closes up 4th day in row

Wall Street extended its winning streak into a fourth consecutive day Friday as the government reported another decline in the trade deficit and more encouraging news came from the banking industry, pushing the Dow Jones Industrial Average through the 7,200 level.

March 14, 2009

Markets extend rally

Wall Street extended its winning streak into a fourth consecutive day Friday as the government reported another decline in the trade deficit and more encouraging news came from the banking industry, pushing the Dow Jones Industrial Average through the 7,200 level.

March 13, 2009

Dow, Nasdaq continue to skid

Wall Street staggered through another day of losses Monday, with investors apparently uncertain which way to turn, although some major bank stocks rallied in the face of a broader slide that pushed the Dow Jones Industrial Average down another 80 points to a new 12-year low.

March 10, 2009

Stocks mixed after last-minute rally

Wall Street staged a rally in the final minutes of trading Friday, closing mixed after overcoming a near-daylong downdraft spurred by a sell-off in high-tech and bank stocks.

March 7, 2009

Stocks tumble with uncertain footing

Wall Street tanked Thursday, spurred by growing worries about the financial system, weak corporate earnings without a turnaround in sight and concern that debt-wracked General Motors could file for bankruptcy. The Nasdaq Composite Index fell through the 1,300-point level.

March 6, 2009

Fed moves to revive lending

The Federal Reserve on Tuesday launched its long-awaited program for reviving moribund markets for consumer and small-business loans.

March 4, 2009

Obama’s budget cuts hit stocks

Wall Street turned sour Thursday, with health care stocks leading the markets down because of President Obama's proposed cuts to Medicare insurance companies in his $3.55 trillion budget. Most bank stocks rose.

February 27, 2009

Dow closes down 89; bank stocks rise

UPDATED: Wall Street turned sour Thursday, with health-care stocks leading the markets down because of President Obama's proposed cuts to Medicare insurance companies in his $3.55 trillion budget. Most bank stocks rose.

February 26, 2009