stock market

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Dow Drops 575 Points After Warning From Fed Chief

Powell says rate hikes could be stepped up

(Newser) - Stocks sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation. The S&P 500 fell 62.05 points, or 1.5%, to 3,986.37. The Dow Jones Industrial Average fell...

Fed&#39;s Powell Speaks, and Markets Aren&#39;t Thrilled


Fed Chair Has
More Bad News

Fed Chair Has More Bad News

Guess what? Higher interest rates likely coming

(Newser) - Jerome Powell opened his mouth on Tuesday before the Senate Banking Committee, Wall Street listened and wasn't happy, and probably no one who's possession of a variable interest rate will be, either. "The latest economic data have come in stronger than expected, which suggests that the ultimate...

With a Big Week Ahead, Markets Are in a Holding Pattern

Friday jobs report could cause big swing

(Newser) - Stocks drifted to a mixed close Monday as Wall Street remained in a holding pattern ahead of a potentially big week. The S&P 500 rose 2.78 points, or 0.1%, to 4,048.42 after coming off its first winning week in the last four. The Dow Jones...

Dow Snaps 4-Week Losing Streak
Dow Snaps 4-Week
Losing Streak

Dow Snaps 4-Week Losing Streak

All the major indexes have a strong Friday

(Newser) - Stocks rallied on Wall Street on Friday, climbing to their biggest gain in six weeks.
  • The S&P 500 jumped 64 points, or 1.6%, to 4,045.
  • The Dow rose 387 points, or 1.1%, to 33,390.
  • The Nasdaq rose 226 points, or nearly 2%, to 11,689.
...

Fed Official's Comments Lift Wall Street's Mood

Dow rises 341 points

(Newser) - Stocks closed higher Thursday on Wall Street for the first time in three days, thanks in part to easing fears about the Federal Reserve's plans for interest rates.
  • The S&P 500 rose 29 points, or 0.7%, to 3,981.
  • The Dow rose 341 points, or 1%, to
...

Lowe&#39;s Drops 5.6% in Another Gloomy Day for Wall Street
Stocks Open March
With More Losses
MARKETS

Stocks Open March With More Losses

Investors expect interest rates to stay higher for longer

(Newser) - Most stocks marched lower Wednesday as stubbornly sticky inflation has Wall Street bracing for interest rates to stay higher for longer. The S&P 500 fell 18.76 points, or 0.5%, to 3,951.39 in its first trading after coming off a frigid February. The Dow rose 5....

Wall Street Ends Tough Month With More Losses
Tough Month for Stocks
Ends With More Losses
MARKETS

Tough Month for Stocks Ends With More Losses

Norwegian Cruise Line tumbles 10.2%

(Newser) - A frigid February for Wall Street closed out with more losses on Tuesday. The S&P 500 fell 0.3% points to 3,970.15 to lock in a loss of 2.6% for the month. The Dow Jones Industrial Average fell 232.39 points, or 0.7%, to 32,...

Stocks Claw Back Some of Their Losses
Stocks Claw Back
Some of Their Losses
MARKETS

Stocks Claw Back Some of Their Losses

Union Pacific was among the winners

(Newser) - Stocks closed slightly higher Monday, clawing back some of the losses from their worst week since early December. The S&P 500 rose 12.20 points, or 0.3%, to 3,982.24 for only its second gain in the last seven days. The Dow Jones Industrial Average rose 72....

Stocks Just Had Their Worst Week of the Year
Stocks Just Had Their
Worst Week of the Year
MARKETS

Stocks Just Had Their Worst Week of the Year

A new report on inflation spooks investors

(Newser) - Stocks sank Friday on Wall Street and closed out their worst week since early December amid new fears about inflation.
  • The S&P 500 fell 1.1% Friday to cap its third straight loss. The benchmark index dropped 42 points to 3,970.
  • The Dow fell 336 points, or 1%,
...

Dow Snaps a Losing Streak
Dow Snaps a Losing Streak
MARKETS

Dow Snaps a Losing Streak

Markets rise for the first time in 4 trading days

(Newser) - Stocks drifted upward in late trading on Thursday to snap a four-day losing streak on Wall Street.
  • The Dow rose 108 points, or 0.3%, to 33,153.
  • The S&P 500 rose 21 points, or 0.5%, to 4,012.
  • The Nasdaq rose 83 points, or 0.7%, to
...

Stocks End Mixed a Day After Big Drops
2 Companies Drop After
Reporting Strong Results
MARKETS

2 Companies Drop After Reporting Strong Results

Investors are worried about outlook for future orders

(Newser) - Stocks ended mixed a day after falling to their worst loss since December, as Wall Street prepares for interest rates to stay higher for longer. The S&P 500 fell 6.29 points, or 0.2%, to 3,991.05 Wednesday after drifting between small gains and losses. The Dow...

Wall Street Just Had Its Worst Day in 2 Months
Dow Drops 697 Points
Amid Interest Rate Worries
MARKETS

Dow Drops 697 Points Amid Interest Rate Worries

It was Wall Street's worst day in 2 months

(Newser) - Stocks tumbled to their worst day in two months Tuesday, buckling under worries about higher interest rates and their tightening squeeze on Wall Street and the economy. The S&P 500 fell 81.75 points, or 2%, to 3,997.34 for its sharpest drop since the market was selling...

Up-and-Down Week Ends in Fitting Fashion
Up-and-Down Week
Ends in Fitting Fashion
MARKETS

Up-and-Down Week Ends in Fitting Fashion

Dow is up and S&P is down

(Newser) - The accurate description of Wall Street on Friday: mixed. The Dow jumped 129 points, or 0.3%, to 33,826; the S&P 500 fell 11 points, or 0.2%, to 4,079; and the Nasdaq fell 68 points, or 0.5%, to 11,787. That marks back-to-back weekly losses...

Stocks Just Had Worst Day in 4 Weeks
Stocks Just Had Worst
Day in 4 Weeks
MARKETS

Stocks Just Had Worst Day in 4 Weeks

Dow falls 431 points

(Newser) - Wall Street tumbled Thursday, and stocks fell by the most in four weeks following more evidence that high inflation is staying stickier than expected, per the AP . A suite of mixed data on the economy also chipped away at hopes that the Fed could get inflation to continue to come...

Blowout Retail Sales Data Lifts Markets
Blowout Retail Sales
Data Lifts Markets
MARKETS

Blowout Retail Sales Data Lifts Markets

S&P 500 erases early loss

(Newser) - Stocks closed slightly higher on Wall Street after a report showed US shoppers opened their wallets at stores last month by much more than expected, even as they contended with higher interest rates on credit cards and other loans. The S&P 500 eked out a gain of 0.3%...

Markets Had a Mild Reaction to Inflation Report
Key Inflation Report
Didn't Shake Markets
MARKETS

Key Inflation Report Didn't Shake Markets

Indexes dropped slightly after report suggested inflation is cooling more slowly than hoped

(Newser) - Stocks ended mixed on Wall Street following several sharp reversals after a report suggested inflation may not be slowing as quickly and as smoothly as hoped. The S&P 500 closed virtually unchanged Tuesday after swinging between losses and gains throughout the day. The index fell 1.16 points, less...

Dow Jumps 377 Points Ahead of Inflation Report
Dow Jumps 377 Points
Ahead of Inflation Report
MARKETS

Dow Jumps 377 Points Ahead of Inflation Report

Traders are betting figures will show inflation is continuing to cool

(Newser) - Wall Street closed higher Monday as traders made their final moves in anticipation of a report that could show whether inflation is cooling in the right way or setting the market up for worse pain. The S&P 500 rose 46.83 points, or 1.1%, to 4,137.29....

Mixed Day Closes Out Rough Week
Mixed Day
Closes Out
Rough Week
MARKETS

Mixed Day Closes Out Rough Week

News Corp., Lyft shares plummet

(Newser) - The toughest week for Wall Street in nearly two months came to a quiet end on Friday, as stock indexes drifted to a mixed finish. The S&P 500 rose 8.96 points, or 0.2%, to 4,090.46 but still ended the week with a drop of 1....

&#39;Wall Street Couldn&#39;t Keep the Upbeat Mood&#39;
'Wall Street Couldn't Keep
the Upbeat Mood'
MARKETS

'Wall Street Couldn't Keep the Upbeat Mood'

Dow sheds 249 points, giving up gains from the morning

(Newser) - Wall Street started Thursday in fine form but didn't end that way. After a mixed batch of earnings reports, the Dow fell 249 points, or 0.7%, to 33,699; the S&P 500 fell 36 points, or 0.8%, to 4,081; and the Nasdaq fell 120 points,...

Chipotle Drops 5% as Wall St. Gives Up Gains
Chipotle Falls 5% on a
Rough Day for Wall St.
MARKETS

Chipotle Falls 5% on a Rough Day for Wall St.

Major indexes drop amid continued uncertainty

(Newser) - Wall Street gave back some of its recent gains Wednesday as uncertainty about interest rates and inflation continued to reign. The S&P 500 fell 46.14 points, or 1.1%, to 4,117.86 The Dow Jones Industrial Average fell 207.68 points, or 0.6%, to 33,949....

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