Dow Jones

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Fed's First Rate Cut in Years Didn't Lift Markets

Intuitive Machines soars 38.3% after winning NASA contract

(Newser) - US stock indexes edged lower Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.
  • The S&P 500 fell 16.32 points, or 0.3%, to 5,618.26 after a day of bobbing higher and lower.
  • T he
...

Stocks Close Near All-Time Highs Ahead of Fed Meeting

S&P 500 briefly rose above record

(Newser) - US stock indexes remained stuck in place on Tuesday as Wall Street made few big moves ahead of what's expected to be the first cut to interest rates in more than four years.
  • The S&P 500 edged up by 1.49, or less than 0.1%, to 5,
...

Dow Hits New All-Time High
Dow Hits All-Time High
Ahead of Fed Meeting
MARKETS
Sep 16, 2024 3:42 PM CDT

Dow Hits All-Time High Ahead of Fed Meeting

Traders are betting on a half-point rate cut Wednesday

(Newser) - The Dow Jones Industrial Average closed at another all-time high Monday after recouping its losses from early September. The S&P 500 rose close to its own record, but was held back by losses in Big Tech companies.
  • The Dow rose 228 points, or 0.6%, to 41,622.08.
...

Stocks Roar Back From Morning Wipeout
Stocks Roar Back
From Morning Wipeout
MARKETS
Sep 11, 2024 3:46 PM CDT

Stocks Roar Back From Morning Wipeout

8% gain for Nvidia helped lift S&P 500

(Newser) - US stock indexes stormed back from big early drops to finish higher on Wednesday, led by a handful of highly influential Big Tech companies.
  • The S&P 500 rose 58.61 points, or 1.1%, to 5,554.13 after erasing a morning wipeout of 1.6%. A majority of
...

Oracle Jumps 11.5%
Oracle Jumps 11.5%
MARKETS
Sep 10, 2024 3:33 PM CDT

Oracle Jumps 11.5%

But gains were offset by falling bank, energy stocks

(Newser) - Stocks drifted to a mixed close on Tuesday following several weeks of sharp swings.
  • The S&P 500 rose 24.47 points, or 0.4%, to 5,495.52.
  • The Dow Jones Industrial Average fell 92.63 points, or 0.2%, to 40,736.96.
  • The Nasdaq composite rose 141.
...

Stocks Snap 4-Day Losing Streak
Stocks Snap
4-Day Losing Streak
MARKETS
Sep 9, 2024 3:41 PM CDT

Stocks Snap 4-Day Losing Streak

Palantir Technologies jumps 14% after being added to S&P 500

(Newser) - Stocks closed higher on Wall Street on Monday, ending a four-day losing streak.
  • The S&P 500 rose 62.63 points, or 1.2%, to 5,471.05. . The benchmark index is coming off its worst week in nearly a year and a half.
  • The Dow Jones Industrial Average rose
...

Dollar Tree Slumps 22.2%
Dollar Tree Slumps 22.2%
MARKETS
Sep 4, 2024 3:27 PM CDT

Dollar Tree Slumps 22.2%

It was also a bad day for US Steel

(Newser) - Stocks lost more ground on Wall Street Wednesday, led by declines in the technology and energy sectors.
  • The S&P 500 fell 8.86 points, or 0.2%, to 5,520.07, following a 2.1% drop a day earlier.
  • The Dow Jones Industrial Average rose 38.04 points, or
...

Wall Street Had a Rough Start to September
Wall Street Had
a Rough Start
to September
MARKETS
Sep 3, 2024 3:49 PM CDT

Wall Street Had a Rough Start to September

(Newser) - On Tuesday, US stocks tumbled to their worst day since an early August sell-off after another report raised worries about the economy's health.
  • The S&P 500 fell 119.47 points, or 2.1%, to 5,528.93 after a report showed US manufacturing shrank again in August, weighed
...

Tech Stocks Pull Market Lower
Super Micro Computer
Plummets 19%
MARKETS
Aug 28, 2024 3:24 PM CDT

Super Micro Computer Plummets 19%

Server technology firm says it is delaying filing of annual report

(Newser) - Losses for several big technology companies pulled the stock market lower on Wednesday.
  • The S&P 500 fell 33.62 points, or 0.6%, to 5,592.18, weighed down by drops in Nvidia, Apple, Microsoft, and Amazon.
  • The Dow Jones Industrial Average, which was coming off two consecutive all-time
...

Dow Inches Up to Another Record High
Paramount's
Parent Company
Drops 7.2%
MARKETS
Aug 27, 2024 3:42 PM CDT

Paramount's Parent Company Drops 7.2%

Dow inches up to another record high

(Newser) - The Dow Jones Industrial Average inched up to another record high Tuesday on a mixed day of trading for Wall Street.
  • The Dow rose 9.98 points, less than 0.1%, to 41,250.50
  • The S&P 500 rose 8.96 points, or 0.2%, to 5,625.80.
...

Dow Closes at Record High
Dow Hits a New Record High
MARKETS
Aug 26, 2024 3:46 PM CDT

Dow Hits a New Record High

But losses for Big Tech dragged Nasdaq, S&P 500 down

(Newser) - The Dow Jones Industrial Average closed at a record high on Wall Street Monday, even as losses for Big Tech companies pulled the S&P 500 and the Nasdaq composite lower.
  • The Dow rose 65.44 points, or 0.2%, to 41,240.52, enough to beat the all-time high
...

Stocks Rise After Retailers Beat Expectations
Target Jumps 11.3%
After Beating Expectations
MARKETS
Aug 21, 2024 3:40 PM CDT

Target Jumps 11.3% After Beating Expectations

But Macy's was on the losing side with 12.9% drop

(Newser) - US stocks closed higher Wednesday after more big companies delivered profit reports that topped analysts' expectations.
  • The S&P 500 rose 23.73 points, or 0.4%, to 5,620.85.
  • The Dow Jones Industrial Average rose 55.52 points, or 0.1%, to 40,890.49.
  • The Nasdaq composite
...

Stocks Snap 8-Day Winning Streak
Stocks Snap
8-Day Winning Streak
MARKETS
Aug 20, 2024 3:29 PM CDT

Stocks Snap 8-Day Winning Streak

7.2% rise for Palo Alto Networks was one of the bright spots

(Newser) - Stocks ticked lower Tuesday and snapped an eight-day winning streak, the longest of the year.
  • The S&P 500 fell 11.13 points, or 0.2%. to 5,597.12, but it's still just 1.2% below its all-time high set last month.
  • The Dow Jones Industrial Average slipped
...

Stocks Rise as Markets Await Fed Chief's Remarks

Jerome Powell expected to give hints on rate cuts in Friday speech

(Newser) - Stocks closed higher on Monday, tacking on some more gains following Wall Street's best week of the year.
  • The S&P 500 rose 54.00 points to 5,608.25 for its eighth straight gain, coming within 1% of the all-time high it reached last month.
  • The Dow Jones
...

Latest Inflation Data Sends Stocks Higher
Latest Inflation Data
Sends Stocks Higher
MARKETS
Aug 14, 2024 3:36 PM CDT

Latest Inflation Data Sends Stocks Higher

Dow rises above 40K again

(Newser) - Wall Street ticked higher Wednesday after the latest update on inflation came in almost exactly as economists expected.
  • The S&P 500 rose 20.78 points, or 0.4%, to 5,455.21.
  • The Dow Jones Industrial Average rose 242.75 points, or 0.6%, to 40,008.39.
  • The
...

Wall Street Just Had One of Its Best Days of the Year

Starbucks jumps 24.5% after naming new CEO

(Newser) - US stocks rose to one of their best days of the year on Tuesday as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected.
  • The S&P 500 rose 90.04 points, or 1.7%, to 5,434.
...

Big Jump for Nvidia Offsets Wall Street's Losses

Traders are waiting for reports on inflation, consumer spending

(Newser) - Wall Street closed mixed on Monday after drifting through a quiet day of trading, as markets around the world stabilized following a wild week.
  • The S&P 500 rose 0.23 points, or less than 0.1%, to 5,344.39.
  • The Dow Jones Industrial Average fell 140.53 points,
...

Wall Street&#39;s Morning Rally Evaporates
Super Micro Computer,
Airbnb Drop Sharply
MARKETS
Aug 7, 2024 3:37 PM CDT

Super Micro Computer, Airbnb Drop Sharply

Indexes closed lower after morning rally fizzled

(Newser) - Wall Street slumped on Wednesday after a morning rally evaporated, but the losses weren't as bad as the manic moves that wracked markets worldwide over the last week.
  • The S&P 500 fell 40.53 points, or 0.8%, to 5,199.50.
  • The Dow Jones Industrial Average fell
...

Wall Street Bounces Back From Monday's Sell-Off

Strong profit reports boosted the market

(Newser) - Stocks closed higher on Wall Street Tuesday as calm returned to the market a day after its biggest pullback in almost two years .
  • The S&P 500 rose 53.70 points, or 1%, to 5,240.03, breaking a brutal three-day losing streak.
  • The Dow Jones Industrial Average rose 294.
...

Dow Falls More Than 1K on Wall St.'s Worst Day Since 2022

Sell-off sparked by fears about US economy

(Newser) - Wall Street fell the most in nearly two years on Monday, continuing a global rout in financial markets, as fear worsens that the US economy is slowing down.
  • The S&P 500 fell 160.23 points, or 3%, to 5,186.33.
  • The Dow Jones Industrial Average fell 1,033.
...

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