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Financial Contagion Slams World Markets

Japan's index has worst day since 1987 crash, and Dow futures are down 800 points

(Newser) - The stock market ended last week in rough shape thanks to renewed fears of a US recession . Things appear to be getting worse Monday, with Dow futures plunging and world markets in similar shape:
  • In the US: Dow futures dropped more than 800 points, or 2%, reports CNBC . Futures for
...

S&amp;P 500 Jumps to Best Day in 5 Months
S&P 500 Jumps to
Best Day in 5 Months
MARKETS
Jul 31, 2024 4:12 PM CDT

S&P 500 Jumps to Best Day in 5 Months

Oil prices surge after assassination of Hamas leader

(Newser) - Big technology stocks drove a rally for US indexes Wednesday as Wall Street grew even more convinced long-sought cuts to interest rates will be arriving soon.
  • The S&P 500 jumped 85.86 points, or 1.6%, to 5,522.30 for its best day in five months.
  • The Dow
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More Weakness for Big Tech Drags Down S&amp;P 500
JetBlue Climbs 12.3%
After Surprising Analysts
MARKETS
Jul 30, 2024 3:31 PM CDT

JetBlue Climbs 12.3% After Surprising Analysts

Drops for Big Tech drag down S&P 500

(Newser) - More drops for Big Tech stocks kept US stock indexes in check on Tuesday.
  • The S&P 500 fell 27.10 points, or 0.5%, to 5,436.44, although most stocks within it rose.
  • The Dow Jones Industrial Average rose 203.40 points, or 0.5%, to 40,743.
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McDonald&#39;s Rises 3.7% Despite Disappointing Earnings Report
This Is a Huge Week
for Earnings Reports
MARKETS
Jul 29, 2024 3:29 PM CDT

This Is a Huge Week for Earnings Reports

Markets will be closely watching results from tech giants

(Newser) - US stock indexes drifted to a mixed finish Monday to kick off a week full of earnings reports from Wall Street's most influential companies and a Federal Reserve meeting on interest rates.
  • The S&P 500 edged up by 4.44 points, or 0.1%, to 5,463.54,
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Wall Street Just Had Its Worst Day Since 2022
Wall Street Just Had
Its Worst Day Since 2022
MARKETS
Jul 24, 2024 3:49 PM CDT

Wall Street Just Had Its Worst Day Since 2022

Investors were rattled by profit reports from Tesla, Alphabet

(Newser) - A wipeout on Wednesday sent US stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street's frenzy around artificial-intelligence technology.
  • The S&P 500 tumbled 128.61 points, or 2.3%, to 5,427.13 for its fifth drop
...

UPS Tumbles 12.1% After Weak Profit, Revenue Report

Sherwin-Williams, GE Aerospace were on the winning side

(Newser) - Stocks held steady Tuesday in a calm day on Wall Street, as earnings reporting season ramped up for big companies.
  • The S&P 500 slipped 8.67 points, or 0.2%, to 5,555.74
  • The Dow Jones Industrial Average edged down by 57.35, or 0.1%, to 40,
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Stocks Rebound From Last Week&#39;s Losses
Big Tech Bounces Back
MARKETS
Jul 22, 2024 3:42 PM CDT

Big Tech Bounces Back

'Trump trade' in bond market may be unwinding

(Newser) - US stocks closed broadly higher on Monday, clawing back some of the losses from their worst week since April.
  • The S&P 500 rose 59.41 points, or 1.1% to 5,564.41, breaking a three-day losing streak. It was the first gain for the index since setting an
...

Chip Stocks Drop on Nasdaq's Worst Day Since 2022

But Dow jumped another 243 points

(Newser) - Wall Street's record-breaking rally ran into a wall on Wednesday as worries about potentially worsening trade tensions with China hit stocks of chip companies. That dragged indexes to their worst day in months on Wednesday, but conditions were less discouraging underneath the surface, the AP reports.
  • The S&P
...

Dow Leaps 743 Points Amid Widespread Rally
Dow Leaps 743 Points
Amid Widespread Rally
MARKETS
Jul 16, 2024 3:55 PM CDT

Dow Leaps 743 Points Amid Widespread Rally

UnitedHealth, Bank of America report stronger profits than expected

(Newser) - US stocks rose to records on Tuesday after several big companies delivered better-than-expected profits for the spring.
  • The S&P 500 rose 35.98 points, or 0.6%, to 5,667.20 to top its all-time high set last week.
  • The Dow Jones Industrial Average rose 742.76 points, or
...

Big Jump for Tesla Lifts Wall Street to New Records

S&P 500, Nasdaq hit record highs

(Newser) - A zoom higher for Tesla helped drive Wall Street to more records on Tuesday.
  • The S&P 500 rose 33.92 points, or 0.6% to 5,509.01 to top its all-time high set two weeks ago.
  • The Dow Jones Industrial Average gained 162.33, or 0.4%, to
...

Deal Announcement Gives Boeing a Boost
Boeing Jumps 2.5%
After Deal Announcement
MARKETS
Jul 1, 2024 3:36 PM CDT

Boeing Jumps 2.5% After Deal Announcement

Election results give French markets a boost

(Newser) - US stocks drifted to a mixed close Monday and bond yields jumped as elections continued to drive swings in financial markets worldwide.
  • The S&P 500 rose 14.61 points, or 0.3%, to 5,475.09, even though three out of every four stocks within the index fell.
  • The
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Amazon Rises Above $2T in Value for First Time
Amazon Reaches
$2T Milestone
MARKETS
Jun 26, 2024 3:27 PM CDT

Amazon Reaches $2T Milestone

Rivian was another big winner on Wall Street

(Newser) - Stocks drifted to a mixed close Wednesday near the all-time highs they set last week.
  • The S&P 500 rose 8.60 points, or 0.2%, to 5,477.90.
  • The Dow Jones Industrial Average rose 15.64 points, or less than 0.1%, to 39,127.80.
  • The Nasdaq
...

Nvidia Rebound Props Up Wall Street
Nvidia Rebound
Props Up Wall Street
MARKETS
Jun 25, 2024 3:33 PM CDT

Nvidia Rebound Props Up Wall Street

It jumped 6.8% while most other stocks fell

(Newser) - A rebound for Nvidia propped up a weakened Wall Street on Tuesday and kept US stock indexes close to their records.
  • The S&P 500 rose 21.43 points, or 0.4%, to 5,469.30 and neared its all-time high set a week earlier.
  • The Dow Jones Industrial Average,
...

Another Nvidia Drop Drags Indexes Down
Nvidia Was Heaviest
Weight on S&P 500
MARKETS
Jun 24, 2024 3:52 PM CDT

Nvidia Was Heaviest Weight on S&P 500

6.7% drop for company dragged index down, though most stocks rose

(Newser) - Another slide for Wall Street heavyweight Nvidia kept US indexes mixed on Monday, even as the majority of stocks rallied.
  • The S&P 500 slipped 16.75 points, or 0.3%, to 5,447.87
  • The Dow Jones Industrial Average rose 260.88 points, or 0.7%, to 39,411.
...

Nvidia Is Now Wall Street's Most Valuable Company

It topped Microsoft with 3.5% gain Tuesday

(Newser) - US stocks edged up to more records Tuesday following the latest signal that the economy's growth may be slowing without cratering, while Nvidia continued its rocket ride upward to become Wall Street's most valuable company.
  • The S&P 500 rose 13.80 points, or 0.3%, to 5,
...

Big Tech Lifts Wall Street to More Records
Tech Companies Lift
Wall Street to New Records
MARKETS
Jun 17, 2024 3:44 PM CDT

Tech Companies Lift Wall Street to New Records

GameStop falls 12.1% after shareholder meeting

(Newser) - US stocks rallied to more records Monday as gains for technology companies continued to push the market higher.
  • The S&P 500 rose 41.63 points, or 0.8%, to 5,473.23 , beating the all-time high it set on Thursday.
  • The Dow Jones Industrial Average rose 188.94 points,
...

Inflation Report, Fed Remarks Send Stocks to Record Highs

Oracle jumps 13.3%

(Newser) - US stocks closed higher Wednesday following a surprisingly encouraging update on inflation . The S&P 500 closed at another record high after the Federal Reserve said that it still sees a cut to interest rates as likely this year.
  • The S&P 500 rose 45.71 points, or 0.9%,
...

Apple Lifts S&amp;P 500 to Record High
Apple Lifts S&P 500
to Record High
MARKETS
Jun 11, 2024 3:31 PM CDT

Apple Lifts S&P 500 to Record High

Company jumps 7.3% after highlighting push into AI

(Newser) - Stocks drifted to a mixed close overall on Wall Street, but the S&P 500 and Nasdaq composite still managed to notch more record highs. A big gain in Apple helped push both indexes higher Tuesday. The company jumped 7.3% after highlighting its push into artificial intelligence .
  • The S&
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S&amp;P 500, Nasdaq Edge Up to New Highs
S&P 500, Nasdaq
Edge Up to New Highs
MARKETS
Jun 10, 2024 3:32 PM CDT

S&P 500, Nasdaq Edge Up to New Highs

Southwest Airlines jumps 7%

(Newser) - US stocks drifted to a slightly higher close Monday ahead of a week with several top-tier reports on inflation due, as well as the Federal Reserve's latest meeting on interest rates.
  • The S&P 500 rose 13.80 points, or 0.3%, to 5,360.79 , topping the record
...

AI Frenzy Lifts Wall Street to Record Highs
Nvidia Is Now a $3T Company
MARKETS
Jun 5, 2024 3:43 PM CDT

Nvidia Is Now a $3T Company

It hits milestone as AI frenzy sends S&P 500, Nasdaq to record highs

(Newser) - Wall Street barreled to all-time highs Wednesday as its frenzy around artificial-intelligence technology keeps sending stocks higher.
  • The S&P 500 jumped 62.69 points, or 1.2%, to 5,354.03, beating its record set two weeks ago.
  • The Nasdaq composite rallied even more, it rose 330.86 points,
...

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