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Benchmark S&amp;P 500 Has Best Week Since Summer
Benchmark S&P 500
Has Best Week Since Summer
MARKETS

Benchmark S&P 500 Has Best Week Since Summer

Index is back near 4K

(Newser) - Wall Street on Friday tacked more onto its stupendous surge from a day before , resulting in the market's best week since the summer. The S&P 500 rose 36 points, or 0.9%, to 3,992; the Dow rose 32 points, or 0.1%, to 33,747; and the...

Stock Market Just Had Its Best Day in Years
Stock Market Soars
on Inflation Data
MARKETS

Stock Market Soars on Inflation Data

S&P rises 5% for its best day since 2020

(Newser) - Stocks had their best day in years Thursday after a report showed inflation in the US slowed last month by more than expected:
  • The benchmark S&P 500 surged 207 points, or 5.5%, to 3,956.
  • The Dow rose 1,201 points, or 3.7%, to 33,715.
  • The
...

Wall Street Has the Post-Election Blues
Wall Street Has the
Post-Election Blues
MARKETS

Wall Street Has the Post-Election Blues

Dow drops 647 points, cryptocurrencies plummet

(Newser) - Wall Street closed sharply lower Wednesday, giving back a big chunk of the gains built in a three-day rally running up to Election Day. The S&P 500 fell 79.54 points, or 2.1%, to 3,748.57. The Dow Jones Industrial Average fell 646.89 points, or 2%,...

Stocks Rise Ahead of Election Results
Wall Street's Rally
Continues on Election Day
MARKETS

Wall Street's Rally Continues on Election Day

Investors may be betting on gridlock in DC

(Newser) - Election Day brought another rise for Wall Street, with stocks climbing Tuesday for a third straight day. The S&P 500 rose 21.31 points, or 0.6%, to 3,828.11, though it flipped between an even bigger gain and a modest loss to get there. The Dow Jones...

Stocks Rise as Investors Look Ahead to Election

Investors are anticipating split government, analysts say

(Newser) - Stocks rose on the eve of Election Day as Wall Street looked ahead to the benefits of a possibly split government in Washington, though trading is likely to stay bumpy in a week full of events that could shake the market. The S&P 500 rose 36.25 points, or...

Dow Has Strong Day, but 4-Week Streak Is Snapped

Index gains 401 points

(Newser) - Stocks closed higher Friday after an up-and-down day, though all the major indexes lost ground for the week. The Dow rose 401 points, or 1.2%, to 32,403; the S&P 500 rose 50 points, or 1.3%, to 3,770; and the Nasdaq rose 132 points, or 1....

Wall Street Has a &#39;Post-Fed Hangover&#39;
Wall Street Has
a 'Post-Fed Hangover'
MARKETS

Wall Street Has a 'Post-Fed Hangover'

Stocks fall again on fears that rate increases will remain aggressive for a while

(Newser) - Stocks fell again on Thursday, a day after the Federal Reserve indicated that its fight against inflation is far from over. The Dow fell 146 points, or 0.4%, to 32,001, the S&P 500 fell 39 points, or 1%, to 3,719, and the Nasdaq fell 181 points,...

Dow Drops 505 Points After Fed Chief&#39;s Remarks
Dow Drops 505 Points
After Fed Chief's Remarks
MARKETS

Dow Drops 505 Points After Fed Chief's Remarks

Powell signals that rate hikes will continue

(Newser) - Stocks closed broadly lower on Wall Street Wednesday after Federal Reserve Chair Jerome Powell signaled that the central bank will eventually need to bring rates higher than previously anticipated in order to tame the worst inflation in decades. The Fed also announced its fourth straight extra-large rate increase of three-quarters...

Stocks Drop After Latest Job Market Report
Stocks Drop After
Latest Job Market Report
MARKETS

Stocks Drop After Latest Job Market Report

'The labor market is still too tight for the Fed'

(Newser) - Stocks gave up early gains and ended lower on Wall Street after an unexpectedly strong report on the job market raised concerns that the Federal Reserve will need to keep the pressure on inflation with aggressive interest rate increases. The S&P 500 fell 0.4% after having been up...

Dow Just Had Its Best Month Since 1976
Dow Just Had Its
Best Month Since 1976
MARKETS

Dow Just Had Its Best Month Since 1976

But major indexes dipped on Monday

(Newser) - Stocks ended lower on Wall Street Monday, but major indexes still wound up with big gains for October, including the best month for the Dow Jones Industrial Average since 1976. The broader S&P 500, the benchmark for many index funds, had its first monthly gain since July, as did...

Dow Jumps More Than 800 Points
Dow Jumps More
Than 800 Points
MARKETS

Dow Jumps More Than 800 Points

Stock market has first weekly win streak since summer

(Newser) - Wall Street rallied Friday to cap another strong week for stocks, led by Apple and other companies that made even bigger profits during the summer than expected. For the day, the Dow rose 828 points, 2.5%, to 32,861; the S&P 500 rose 93 points, or 2.4%,...

Dow, Benchmark S&amp;P 500 Can&#39;t Agree on Direction
Dow, Benchmark S&P 500
Can't Agree on Direction
MARKETS

Dow, Benchmark S&P 500 Can't Agree on Direction

Dow has a strong day, while tech stocks hold down the benchmark S&P

(Newser) - Wall Street had a weird day, with major indexes very much split. The Dow rose a solid 197 points, or 0.6%, to 32,036, but the S&P 500 fell 22 points, or 0.5%, to 3,807, and the Nasdaq fell 178 points, or 1.6%, to 10,...

Tech Giants Drop After Reporting Weak Earnings
Tech Giants Drop After
Reporting Weak Earnings
MARKETS

Tech Giants Drop After Reporting Weak Earnings

Google's parent company slumped 9.1%

(Newser) - Stock ended mixed on Wall Street on Wednesday as investors weighed the latest batch of earnings reports, including weak results from several heavyweight technology companies. The S&P 500 fell 28.51 points, or 0.7%, to 3,830.60. The Dow Jones Industrial Average ended just barely in the...

Major Indexes Rise as Earnings Reports Roll In
Adidas Drops 2.4%
After Dumping Ye
MARKETS

Adidas Drops 2.4% After Dumping Ye

Dow rises 337 points as corporate earnings roll in

(Newser) - Stocks closed higher on Wall Street, marking the third straight gain for the S&P 500. The benchmark hadn’t been able to string together more than two gains in a row since mid-September. The gains Tuesday came as the flow of company earnings reports stepped up. The S&P...

Stocks Rise as Tech Giants Prepare to Report Earnings

In China, markets didn't welcome Xi Jinping's third term

(Newser) - Stocks shook off an early bout of unsettled trading Monday and ended higher ahead of a heavy week of earnings from big tech companies. The S&P 500 rose 44.59 points, or 1.2%, to 3,797.34. The Dow Jones Industrial Average rose 417.06 points, or 1....

Stocks Surge on Suggestion of New Fed Strategy
Stocks Surge on Suggestion
of New Fed Strategy
MARKETS

Stocks Surge on Suggestion of New Fed Strategy

Dow rises nearly 750 points after report that central bank may ease up on rate hikes soon

(Newser) - Stocks had a strong day on Friday, boosted in part by a report suggesting the Fed might begin cooling down its rate increases before the end of the year. The Dow surged 748 points, or 2.4%, to 31,082; the S&P 500 rose 86 points, or 2.3%,...

Fed May Start Shifting Strategy on Rates

'Wall Street Journal' suggests central bank might ease up on hikes, cheering the stock market

(Newser) - The stock market was in a good mood on Friday, with the Dow up about 300 points after the first hour of trading. One reason seems to be a story in the Wall Street Journal suggesting that the Federal Reserve might start cooling down its rate hikes. Both CNBC and...

Stocks Start Out Strong, Then Fade
Stocks Start Out Strong,
Then Fade
MARKETS

Stocks Start Out Strong, Then Fade

Dow falls 90 points on the day

(Newser) - Stocks gave up early gains and closed lower Thursday on Wall Street as markets continue an unsteady search for direction, per the AP . The Dow fell 90 points, or 0.3%, to 30,333; the S&P 500 fell 29 points, or 0.8%, to 3,665; and the Nasdaq...

After 2 Days of Gains, Wall St. Changes Course
After 2 Days of Gains,
Wall St. Changes Course
MARKETS

After 2 Days of Gains, Wall St. Changes Course

Dow sheds 100 points

(Newser) - Stocks closed lower on Wall Street Wednesday, reversing course after two days of gains. Major indexes are still higher for the week despite the declines, which pulled every sector lower except energy. Treasury yields continue to climb to multiyear highs, tempting investors with higher returns on relatively low-risk investments. Several...

Strong Lockheed Martin Earnings Lift Defense Stocks

Indexes rose for a second day in a row

(Newser) - Stocks rose on Wall Street Tuesday, adding to weekly gains for major indexes that have been mired in a broad slump amid inflation and recession concerns. The S&P 500 rose 42.03 points, or 1.1%, to 3,719.98. The Dow Jones Industrial Average rose 337.98 points,...

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