stock market

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Benchmark S&P 500 Cracks Another Threshold

Index hits 5,600 for the first time

(Newser) - The S&P 500 index—seen as a more accurate reflection of the market than the Dow—eclipsed a new threshold on Wednesday by hitting 5,600 for the first time, reports CNBC . The benchmark index was up a modest 27 points around midday, or about 0.5%, but it...

Fed Chief Testifies, and Wall Street Is Mixed
Fed Chief Testifies,
and Wall Street Is Mixed
MARKETS
Jul 9, 2024 3:25 PM CDT

Fed Chief Testifies, and Wall Street Is Mixed

S&P 500 edges up to another record after Powell provides few hints

(Newser) - Stocks closed mixed on Wall Street Tuesday after testimony from Federal Reserve Chair Jerome Powell in front of Congress provided little new guidance on the Fed's plans for lowering interest rates, per the AP .
  • The S&P 500 ticked up 4 points to 5,576, another record close.
  • The
...

On Slow Day, S&amp;P 500 Ekes Out Another Record
On Slow Day, S&P 500
Ekes Out Another Record
MARKETS
Jul 8, 2024 3:16 PM CDT

On Slow Day, S&P 500 Ekes Out Another Record

Fed chief Powell addresses Congress on Tuesday

(Newser) - Stocks wavered Monday but still managed record-high closes for the S&P 500 and Nasdaq:
  • The benchmark S&P 500 ticked up 5 points to 5,572.
  • The tech-focused Nasdaq gained 50 points to 18,403.
  • The Dow fell 31 points to 39,344.

More Records Fall After Jobs Report
More Records Fall
After Jobs Report
markets
Jul 5, 2024 3:35 PM CDT

More Records Fall After Jobs Report

Investors are pleased by signs that economic growth is slowing

(Newser) - US stocks rose to more records Friday after a highly anticipated report on the job market bolstered Wall Street's hopes that interest rates may soon get easier.
  • The Dow rose 67.87 points, or 0.2%, to close at 39,375.87.
  • The S&P 500 climbed 30.17
...

Wall Street Has Another Record Finish
Wall Street Has
Another Record Finish
MARKETS
Jul 3, 2024 3:25 PM CDT

Wall Street Has Another Record Finish

Benchmark S&P continues to climb

(Newser) - Wall Street's record-breaking rally kept going Wednesday after weak reports on the US economy kept the door open for possible cuts to interest rates, per the AP .
  • The S&P 500 rose 28 points, or 0.5%, to another record of 5,537.
  • The Dow slipped 23 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
...

Decline Ends S&amp;P 500 Streak
Decline Ends S&P 500 Streak
markets
Jun 28, 2024 3:50 PM CDT

Decline Ends S&P 500 Streak

Nike falls 20%, pulling competitors down, as well

(Newser) - Stocks on Wall Street gave up early gains and finished lower Friday, ending a three-week winning streak for the S&P 500. Despite a flurry of selling late in the day, the S&P 500 and the Nasdaq remain near their all-time highs, per the AP :
  • The Dow fell 45.
...

Stocks Move Little Ahead of Inflation Report
Stocks Move Little
Ahead of Inflation Report
markets
Jun 27, 2024 3:45 PM CDT

Stocks Move Little Ahead of Inflation Report

Findings could affect Federal Reserve's next decision on interest rates

(Newser) - Major stock indexes on Wall Street closed little changed Thursday as traders looked ahead to a key report on inflation that could influence the Federal Reserve's next move on interest rates.
  • The Dow closed 0.1% higher, adding 36.26 points to reach 39,164.06.
  • The S&P
...

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 Slows but Doesn't Stop Another Winning Week

(Newser) - US stocks coasted to the close of their latest winning week on Friday, as Nvidia continued to cool from its startling, supernova run.
  • The Dow edged up 15 points, or less than 0.1%, to 39,150.
  • The S&P 500 slipped 8.55 points to 5,464, down 0.
...

Stock Market Notches a Milestone, Then Retreats
Stock Market Notches
a Milestone, Then Retreats
MARKETS
Jun 20, 2024 3:27 PM CDT

Stock Market Notches a Milestone, Then Retreats

S&P 500 hits 5,500 for the first time, before falling back

(Newser) - The Dow had a decent day on Thursday, but the benchmark S&P 500 fell back from a record high:
  • The Dow rose 299 points, or 0.7%, to 39,134.
  • The S&P 500 fell 13 points, or 0.2%, to 5,473. However, the index reached 5,500
...

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,
...

Stocks Avoid Europe&#39;s Slump
Stocks Avoid
Europe's Slump
markets
Jun 14, 2024 3:35 PM CDT

Stocks Avoid Europe's Slump

Cruise lines drop over pricing trends

(Newser) - US stocks hung around their record levels on Friday as Wall Street remained relatively quiet following another slide in Europe.
  • The Dow fell 57.94 points, or 0.1%, to 38,589.16.
  • The S&P 500 fell 2.14 points, or less than 0.1%, to 5,431.60.
...

Tesla Rises as S&amp;P 500 Adds to Its Record High
Tesla Rises as S&P 500
Adds to Its Record High
MARKETS
Jun 13, 2024 3:48 PM CDT

Tesla Rises as S&P 500 Adds to Its Record High

Benchmark index ticks up, even as Dow declines a bit

(Newser) - Most US stocks slipped Thursday, but hopes for coming cuts to interest rates and Wall Street's continued frenzy around artificial-intelligence technology nudged indexes to more records.
  • The benchmark S&P 500 rose 12 points, or 0.2%, to another record close of 5,433.
  • The Dow fell 65 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%,
...

Inflation Finally Cools— Just in Time for Fed Decision

Markets are happy just hours before central bank decides on rates

(Newser) - Wednesday will be another big day on Wall Street, as investors await a decision by the Federal Reserve on interest rates. Some key factors at play:
  • Inflation eases: Hours before the decision, a new report showed that inflation slowed in May, reports the New York Times . The Consumer Price Index
...

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