stock market

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Stocks Drop After Reports Suggest Economy Is Slowing

Job openings, factory orders weaker than expected

(Newser) - Stocks fell on Wall Street Tuesday following a pair of weaker-than-expected economic reports. The S&P 500 dropped 23.91 points, or 0.6%, to 4,100.60 to break a four-day winning streak. The Dow Jones Industrial Average fell 198.77, or 0.6%, to 33,402.38, and...

Jump in Oil Prices Lifts Energy Stocks
Jump in Oil Prices
Fans Inflation Fears
MARKETS
Apr 3, 2023 3:31 PM CDT

Jump in Oil Prices Fans Inflation Fears

But it also lifted energy stocks

(Newser) - Stocks closed mixed on Wall Street Monday as big gains for energy stocks offset losses for some big technology stocks. The S&P 500 rose 15.20 points, or 0.4%, to 4,124.51. The Dow Jones Industrial Average rose 327 points, or 1%, to 33,601.15. The...

Wall Street Wraps Up a Strong Quarter
Wall Street Wraps Up
a Strong Quarter
MARKETS
Mar 31, 2023 3:20 PM CDT

Wall Street Wraps Up a Strong Quarter

All the major indexes rise again to end the week

(Newser) - Stocks rose again on Friday, as Wall Street closed out a winning March and first quarter of the year despite a long list of worries being thrown at it:
  • The Dow rose 415 points, or 1.2%, to 33,274.
  • The S&P 500 rose 58 points, or 1.4%,
...

Investors&#39; Mood Keeps Getting Better
Investors' Mood Keeps
Getting Better
MARKETS
Mar 30, 2023 3:10 PM CDT

Investors' Mood Keeps Getting Better

Major indexes rise again amid a sense that the banking crisis has stabilized

(Newser) - Stocks rose again on Thursday as a bit more fear seemed to evaporate from the markets in regard to the banking industry:
  • The Dow 141 points, or 0.4%, to 32,859.
  • The S&P 500 rose 23 points, or 0.5%, to 4,050.
  • The Nasdaq rose 87 points,
...

Stocks Rally as Bank Fears Subside
Financial Stocks Jump
as Bank Fears Subside
MARKETS
Mar 29, 2023 3:47 PM CDT

Financial Stocks Jump as Bank Fears Subside

Dow rises 323 points

(Newser) - Stocks rallied Wednesday as Wall Street shook off more of the fear that dominated it earlier this month. The S&P 500 rose 56.54 points, or 1.4%, to 4,027.81. The Dow Jones Industrial Average rose 323.35 points, or 1%, to 32,717.60. The Nasdaq...

Stocks Dip Slightly as Wall Street Stabilizes
Wall Street Regains Stability
MARKETS
Mar 28, 2023 3:52 PM CDT

Wall Street Regains Stability

Spice company was among the biggest movers

(Newser) - Stocks were mixed Tuesday as Wall Street regained some stability at the tail end of what’s been a turmoil-filled month. The S&P 500 dipped 6.26 points, or 0.2%, to 3,971.27, though the majority of stocks within the index rose. The Dow Jones Industrial Average...

Bank Stocks Rise as Market Stabilizes
Beaten-Down
Bank Stocks
Make a Comeback
MARKETS
Mar 27, 2023 4:00 PM CDT

Beaten-Down Bank Stocks Make a Comeback

Dow rises 195 points as market stabilizes

(Newser) - Stocks closed mostly higher on a steadying Wall Street as battered banks showed more strength, at least for now. The S&P 500 rose 6.54 points Monday, or 0.2%, to 3,977.53. The Dow Jones Industrial Average rose 194.55 points, or 0.6%, to 32,432....

Stocks Rise Despite Bank Worries Overseas
Stocks Rise
Despite
Bank Worries
Overseas
MARKETS
Mar 24, 2023 3:20 PM CDT

Stocks Rise Despite Bank Worries Overseas

Dow gains 132 points

(Newser) - Bank worries from the other side of the Atlantic weighed on Wall Street on Friday, though the major indexes managed to finish in positive territory.
  • The Dow rose 132 points, or 0.5%, to 32,237.
  • The S&P 500 rose 22 points, or 0.5%, to 3,971.
  • The
...

After Volatile Day of Trading, Markets End Up Positive

Dow rises 75 points

(Newser) - Stocks ended up in positive territory on Thursday after a day of wild swings:
  • The Dow rose 75 points, or 0.2%, to 32,105.
  • The S&P 500 rose 11 points, or 0.3%, to 3,948.
  • The Nasdaq rose 117 points, or 1%, to 11,787.

Stocks, Bond Yields Tumble After Fed Rate Hike
Stocks, Bond Yields
Tumble After Fed Rate Hike
MARKETS
Mar 22, 2023 4:04 PM CDT

Stocks, Bond Yields Tumble After Fed Rate Hike

But Powell hints there may be only one more rise to come

(Newser) - Stocks fell Wednesday after the Federal Reserve announced its latest hike to interest rates , while also saying it may not tighten the screws on the economy much more. The S&P 500 fell 65.90 points, or 1.6%, to 3,936.97. The Dow Jones Industrial Average fell 530....

Banks Bounce Back, Sparking Another Rally for Stocks

Investors welcome reassurances from Yellen

(Newser) - Stocks rallied Tuesday, led by the banks most beaten down by the industry's crisis, and some of Wall Street's fear washed out on hopes the federal government will offer more help if needed. The S&P 500 posted its first back-to-back gain since Silicon Valley Bank's quicksilver...

Bank Deals Give Wall Street a Boost
Bank Deals Give
Wall Street a Boost
MARKETS
Mar 20, 2023 3:58 PM CDT

Bank Deals Give Wall Street a Boost

Dow jumps 383 points

(Newser) - Wall Street closed higher Monday after regulators pushed together two huge banks over the weekend and made other moves to build confidence in the struggling industry. The S&P 500 rose 34.93 points, or 0.9%, to 3,951.57. The Dow Jones Industrial Average rose 382.60 points,...

Banking Anxiety Returns, and Stocks Suffer
Banking Anxiety Returns,
and Stocks Suffer
MARKETS
Mar 17, 2023 3:15 PM CDT

Banking Anxiety Returns, and Stocks Suffer

Dow falls nearly 400 points

(Newser) - Wall Street's week of turmoil closed with more sharp drops for stocks on Friday as worries worsened about the banking industry, per the AP .
  • The S&P 500 fell 43 points, or 1.1%, to 3,916.
  • The Dow fell 384 points, or 1.1%, to 31,861.
  • The
...

Nation's Banks Throw $30B Lifeline to One Struggling

As a result of the help for First Republic, the stock market had a strong day

(Newser) - Stocks rallied on Thursday after a group of big banks offered a lifeline to a bank Wall Street had zeroed in on in its hunt for the next victim in the industry’s struggles, per the AP . The benchmark S&P 500 jumped nearly 2% Thursday, erasing earlier losses following...

Wall Street Pares Big Losses Before Closing Bell

Fears of global banking crisis shook markets

(Newser) - Stocks fell Wednesday amid fresh worries about the banking sector, although Wall Street more than halved its losses by the closing bell. The S&P 500 fell 27.36 points, or 0.7%, to 3,891.93. The Dow Jones Industrial Average fell 280.83 points, or 0.9%, to...

Stocks Climb as Traders Bet on Pause in Rate Hikes

Bank stocks are starting to bounce back

(Newser) - Stocks closed higher on Wall Street Tuesday as some of the most breathtaking moves from a manic Monday reversed course. The S&P 500 rose 64.80 points, or 1.7%, to 3,920.56 after a report showed inflation is still high , though no more than expected. The Dow...

Bank Stocks Tumble as Others Rise
It Was a Bad Day
for Bank Stocks
MARKETS
Mar 13, 2023 3:46 PM CDT

It Was a Bad Day for Bank Stocks

But other stocks rose amid hopes Fed will now hold off on rate hikes

(Newser) - Bank stocks tumbled Monday on worries about what’s next to break, following the second- and third-largest bank failures in US history. But many other stocks rose Monday on hopes the bloodletting will force the Federal Reserve to take it easier on the hikes to interest rates that are shaking...

Bank Failure Keeps Wall Street in Sour Mood
Bank Failure Keeps
Wall Street in Sour Mood
MARKETS
Mar 10, 2023 3:20 PM CST

Bank Failure Keeps Wall Street in Sour Mood

All the major indexes fall again

(Newser) - Stocks fell again on Friday after the largest US bank failure in more than a decade raised worries on Wall Street about what's next to break as interest rates keep climbing.
  • The Dow fell 345 points, or 1%, to 31,909.
  • The S&P 500 fell 56 points, or
...

Dow Selloff Accelerates as Bitcoin Sinks, Too
Dow Selloff Accelerates
as Bitcoin Sinks, Too
MARKETS
Mar 9, 2023 3:23 PM CST

Dow Selloff Accelerates as Bitcoin Sinks, Too

Fed chief Powell's testimony to Congress doesn't sit well on Wall Street

(Newser) - Stocks fell broadly Thursday on Wall Street and added to the week’s losses as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation, per the AP .
  • The Dow fell 543 points, or 1.6%, to 32,254.
  • The S&P 500
...

Fed Chair&#39;s Latest Remarks Give Markets Solace
Fed Chair's Latest Remarks
Give Markets Solace
MARKETS
Mar 8, 2023 3:49 PM CST

Fed Chair's Latest Remarks Give Markets Solace

'We’re not on a preset path' to bigger rate hikes, Powell says

(Newser) - Stocks drifted to a mixed close on Wall Street a day after sinking to one of their worst days of the year. The S&P 500 rose 5.64 points, or 0.1%, to 3,992.01. The Dow Jones Industrial Average fell 58.06 points, or 0.2%, to...

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