stock market

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Oracle Tumbles 14% Despite Strong Profits
Oracle Tumbles 14%
Despite Strong Profits
MARKETS
Sep 12, 2023 3:51 PM CDT

Oracle Tumbles 14% Despite Strong Profits

Revenue forecast was below expectations

(Newser) - Stocks drifted to a lower close Tuesday as Wall Street waited for highly anticipated reports later this week about inflation and the economy. The S&P 500 fell 25.56 points, or 0.6%, to 4,461.90. The Dow Jones Industrial Average slipped 17.73 points, or 0.1%,...

Big Rally for Big Tech Lifts Markets
Tesla Jumps 10.1% as
Tech Stocks Lift Markets
MARKETS
Sep 11, 2023 3:59 PM CDT

Tesla Jumps 10.1% as Tech Stocks Lift Markets

Wall Street claws back around half its losses from last week

(Newser) - A rally for Big Tech stocks on Monday helped Wall Street claw back about half its loss from last week. The S&P 500 rose 29.97, or 0.7%, to 4,487.46, coming off its first losing week in the last three. The Dow Jones Industrial Average gained...

Listless Wall Street Has a Losing Week
Listless Wall Street
Has a Losing Week
MARKETS
Sep 8, 2023 3:15 PM CDT

Listless Wall Street Has a Losing Week

Markets saw modest gains on Friday

(Newser) - Stocks ended Friday with modest gains, but the benchmark S&P 500 posted its first losing week in the last three:
  • The S&P 500 rose 6 points on Friday to 4,457.
  • The Dow rose 75 points to 34,576.
  • The Nasdaq rose 12 points to 13,761.
  • For
...

Apple Slides Again, and the Market Follows
Apple Slides Again,
and the Market Follows
MARKETS
Sep 7, 2023 3:42 PM CDT

Apple Slides Again, and the Market Follows

Fears of higher rates continue to worry Wall Street

(Newser) - Wall Street slipped Thursday on worries that a too-warm economy will push the Federal Reserve to keep interest rates higher for longer.
  • The S&P 500 fell 14.34 points, or 0.3%, to 4,451.14.
  • The Dow Jones Industrial Average rose 57.54 points, or 0.2%, to
...

Roku Rises After Announcing Job Cuts
Roku Rises After
Announcing Job Cuts
MARKETS
Sep 6, 2023 3:50 PM CDT

Roku Rises After Announcing Job Cuts

But major indexes dropped for a 2nd day

(Newser) - Stocks fell on Wall Street, continuing a weak stretch on this holiday-shortened week. The S&P 500 fell 31.35 points, or 0.7%, to 4,465.48. The Dow Jones Industrial Average fell 198.78 points, or 0.6%, to 34,443.19. The Nasdaq composite fell 148.48...

Oil Prices Rise After Russia, Saudis Extend Production Cut

Indexes closed lower after 2 weeks of gains

(Newser) - Stocks closed lower on Wall Street Tuesday as traders returned from a long holiday weekend. The S&P 500 fell 18.94 points, or 0.4%, to 4,496.83. The index is coming off its second weekly gain. The Dow Jones Industrial Average fell 195.74 points, or 0....

S&amp;P Edges Up, Puts Wraps on a Strong Week
S&P Edges Up, Puts
Wraps on a Strong Week
MARKETS
Sep 1, 2023 3:30 PM CDT

S&P Edges Up, Puts Wraps on a Strong Week

Dow also rises more than 100 points on Friday

(Newser) - Stocks had a relatively quiet day on Wall Street Friday as investors weighed the implications of a new government report showing that US job growth increased at a healthy but more moderate pace last month.
  • The Dow rose 115 points, or 0.3%, to 34,837.
  • The S&P rose
...

Wall Street Is Happy to See August Go
Wall Street Is Happy
to See August Go
MARKETS
Aug 31, 2023 3:45 PM CDT

Wall Street Is Happy to See August Go

Major indexes were down for the month

(Newser) - Stocks ended mixed on Wall Street on Thursday, closing out what has been a rough August.
  • The Dow fell 169 points, or 0.4%, to 34,721.
  • The S&P 500 ticked down 7 points, or 0.1%, to 4,507.
  • The Nasdaq rose 15 points, or 0.1%, to
...

Stocks Rise Amid Signs Hiring Is Cooling
'Right Now,
What's Bad
Is Good'
MARKETS
Aug 30, 2023 3:35 PM CDT

'Right Now, What's Bad Is Good'

Stocks edge upward amid signs hiring is cooling

(Newser) - Stocks closed modestly higher on Wall Street, chipping away at the market's losses for August. Treasury yields fell Wednesday after some weaker-than expected readings on the US economy and job market. The S&P 500 rose 17.24 points, or 0.4%, to 4,514.87 for its fourth...

Stocks Rise After Reports Suggest Economy Is Cooling
Wall Street Welcomes
Signs Economy Is Cooling
MARKETS
Aug 29, 2023 3:34 PM CDT

Wall Street Welcomes Signs Economy Is Cooling

S&P 500 just had its best day since early June

(Newser) - Stocks closed higher on Wall Street Tuesday as two economic reports suggested the economy is cooling enough for the Federal Reserve to pause hiking interest rates. The S&P 500 rose 64.32 points, or 1.5%, to 4,497.63, its biggest gain since early June. The Dow Jones...

Stocks Climb as Corporate Reports Roll In
Stocks Climb as
Corporate Reports Roll In
markets
Aug 28, 2023 3:50 PM CDT

Stocks Climb as Corporate Reports Roll In

S&P 500's one-day rise won't erase month's trend

(Newser) - Stocks rose broadly Monday on Wall Street as markets shift their attention from the Federal Reserve to more corporate and economic reports. The gains extended the broader market's winning streak after it notched its first weekly gain since July, the AP reports.
  • The Dow rose 213.08 points, or
...

One of Powell&#39;s Words Gives Wall Street a Lift
One of Powell's Words
Gives Wall Street a Lift
MARKETS
Aug 25, 2023 3:12 PM CDT

One of Powell's Words Gives Wall Street a Lift

Markets rise after Fed chief says bank will proceed 'carefully' on rate hikes

(Newser) - Wall Street cruised to its first winning week in the last four after the head of the Federal Reserve said that while it may not be done raising rates, it will "proceed carefully" before its next move.
  • The Dow rose 247 points, or 0.7%, to 34,346.
  • The
...

Wall Street Slumps, Despite Nvidia&#39;s Surge
Wall Street Slumps,
Despite Nvidia's Surge
MARKETS
Aug 24, 2023 3:05 PM CDT

Wall Street Slumps, Despite Nvidia's Surge

Dow falls more than 370 points

(Newser) - Wall Street continued its August doldrums on Thursday:
  • The Dow fell 373 points, or 1%, to 34,099.
  • The S&P 500 fell 59 points, or 1.3%, to 4,376.
  • The Nasdaq fell 257 points, or 1.8%, to 13,463.

Wall Street Just Had Its Best Day Since June
Wall Street Just Had
Its Best Day Since June
MARKETS
Aug 23, 2023 3:54 PM CDT

Wall Street Just Had Its Best Day Since June

Pressure from bond market eases after report suggests economy is cooling

(Newser) - Wall Street rallied to its best day since June on Wednesday after pressure that's built up on stocks from the bond market relaxed a bit. The S&P 500 climbed 1.1% to trim its loss for what's been a dismal August so far. The Dow Jones Industrial...

Stocks Slide Ahead of Market-Moving Events
Stocks Slide Ahead of
Market-Moving Events
MARKETS
Aug 22, 2023 3:55 PM CDT

Stocks Slide Ahead of Market-Moving Events

Traders are braced for Nvidia earnings, Powell speech

(Newser) - Wall Street ticked lower Tuesday ahead of two potentially market-shaking events later in the week. The S&P 500 slipped 12.22, or 0.3%, to 4,387.55 to give back some of its rare August gain from a day before, which was powered by Big Tech stocks. The...

Nvidia Jumps 8.5% Ahead of Profit Report
Big Tech Stocks Rebound
MARKETS
Aug 21, 2023 3:50 PM CDT

Big Tech Stocks Rebound

Nvidia jumps 8.5% ahead of profit report

(Newser) - Wall Street closed mixed on Monday, holding a bit firmer following its three-week losing streak. The S&P 500 rose 0.7% as gains for Tesla, Microsoft, and other Big Tech stocks lifted the index. That's even though the majority of stocks fell. The S&P 500 rose 30....

Stocks Sees Third Straight Losing Week
Stocks See Third
Straight Losing Week
MARKETS
Aug 18, 2023 3:29 PM CDT

Stocks See Third Straight Losing Week

August continues to be brutal for Wall Street

(Newser) - Wall Street limped to a mixed close on Friday, marking its third losing week in a row:
  • The benchmark S&P 500 barely budged, slipping by less than a point to 4,369. It lost more than 2% for the week, like other US indexes, per the AP .
  • The Dow
...

Number of 401(k) Millionaires Is On the Upswing

Fidelity Investments has seen a 26% spike this year

(Newser) - This week has not been a stellar one to check on the 401(k) account, but that's an anomaly for 2023. The stock market's steady rise through the year has led to a 26% increase in the number of people who had at least $1 million in their 401(k)...

Dow Now Owns a 3-Day Losing Streak
Dow Now Owns
a 3-Day Losing Streak
MARKETS
Aug 17, 2023 3:12 PM CDT

Dow Now Owns a 3-Day Losing Streak

Index tumbles nearly 300 points as Wall Street's sour mood continues

(Newser) - Wall Street fell for a third straight day Thursday as investors continued to digest earnings and new economic data.
  • The Dow fell 290 points, or 0.8%, to 34,474.
  • The S&P 500 fell 33 points, or 0.7%, to 4,370.
  • The Nasdaq fell 157 points, or 1.
...

Stocks Tumble After Release of Fed Meeting Minutes

Minutes suggest Fed officials are unsure about their next move

(Newser) - Wall Street weakened Wednesday to worsen what's already been a messy August. The S&P 500 fell 33.53, or 0.8%, to 4,404.33, following up on its prior day's tumble of 1.2%. The Dow Jones Industrial Average lost 180.65 points, or 0.5%,...

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