stock market

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Bank Profit Reports Extend Wall Street Rally
Carvana Leaps 40.2%
After Debt Deal
MARKETS
Jul 19, 2023 3:41 PM CDT

Carvana Leaps 40.2% After Debt Deal

Bank profit reports extend Wall Street rally

(Newser) - Wall Street closed modestly higher following profit reports from a spate of banks and other big US companies. The S&P 500 rose 0.2% Wednesday after its seventh gain in the last eight days. The Dow added 109 points, or 0.3%, and the Nasdaq edged up less than...

Microsoft Jumps 4% Amid Wall Street AI Frenzy
Microsoft Jumps 4%
After Revealing AI Pricing
MARKETS
Jul 18, 2023 3:57 PM CDT

Microsoft Jumps 4% After Revealing AI Pricing

Stocks hit their highest level in more than 15 months

(Newser) - Wall Street's frenzy around artificial intelligence helped push stocks to their best level in more than 15 months on Tuesday, along with stronger-than-expected profit reports from several big financial companies. The S&P 500 rose 32.19, or 0.7%, to 4,554.98 and its highest finish since...

Earnings Season Is Here, But Expectations Are Low
S&P 500 Climbs to
Highest in 15 Months
MARKETS
Jul 17, 2023 3:58 PM CDT

S&P 500 Climbs to Highest in 15 Months

Earnings season is ramping up, though expectations are low

(Newser) - Wall Street pushed higher Monday ahead of a week full of updates about where profits for big US companies are heading. The S&P 500 rose 17.37, or 0.4%, to 4,522.79 and its highest closing level in 15 months. The Dow Jones Industrial Average gained 76....

S&P Slips, but Ends Up With Another Winning Week

Dow rises more than 100 for the day

(Newser) - Another winning week for Wall Street drifted to a quiet close following profit reports from several big US companies that topped expectations, per the AP .
  • The S&P 500 fell 4 points, or 0.1%, to 4,505, coming off its highest close since April 2022 on Thursday. Still, the
...

S&amp;P Closes at Highest Level of the Year
S&P Closes at Highest
Level of the Year
MARKETS
Jul 13, 2023 3:05 PM CDT

S&P Closes at Highest Level of the Year

Benchmark index now above 4,500

(Newser) - Wall Street's winning week accelerated Thursday following the latest signal that inflation is easing its chokehold on the economy, per the AP .
  • The S&P 500 rose 37 points, or 0.8%, to 4,510, its highest close of 2023, notes CNBC .
  • The Dow rose 47 points, or 0.
...

Stocks Rally After Report Shows Inflation Is Cooling
Domino's Jumps 11.9%
After Uber Eats Deal
MARKETS
Jul 12, 2023 3:36 PM CDT

Domino's Jumps 11.9% After Uber Eats Deal

Stocks rallied widely after release of report on cooling inflation

(Newser) - Wall Street returned to its highest level in more than a year on Wednesday after a report showed inflation cooled a bit more than expected last month, which hopefully takes some more pressure off the economy. The S&P 500 rose 32.90, or 0.7% to 4,472.16...

Activision Jumps 10% After Ruling on Microsoft Deal
After Ruling in Big Case,
Activision Jumps 10%
MARKETS
Jul 11, 2023 4:00 PM CDT

After Ruling in Big Case, Activision Jumps 10%

Other winners Tuesday included Salesforce, Amazon

(Newser) - Stocks closed higher on Wall Street Tuesday as investors waited for updates on inflation and corporate profits. The S&P 500 rose 29.73, or 0.7%, to 4,439.26. The Dow Jones Industrial Average gained 317.02 points, or 0.9%, to 34,261.42, and the Nasdaq...

Herbicide Giant Sees Sudden Drop in Business
Herbicide Giant Sees
Sudden Drop in Business
MARKETS
Jul 10, 2023 3:37 PM CDT

Herbicide Giant Sees Sudden Drop in Business

FMC is S&P's biggest loser, though overall market was up

(Newser) - Stocks ticked higher Monday on Wall Street ahead of a week with updates on where inflation and corporate profits are heading, per the AP . The S&P 500 rose 10.58, or 0.2%, to 4,409.53, coming off just its second losing week in the last eight. The...

Reward for the Super Rich: $14M a Day

That's how much the billionaires on Bloomberg's richest list made in the first half of the year

(Newser) - The stock market had a strong first half of the year, with the benchmark S&P rising 16% and the tech-heavy Nasdaq up an even stronger 39%. All of which translates into some hard-to-fathom profits for the richest of the rich. According to Bloomberg , the 500 people on its Billionaires...

Markets Wrap Up a Losing Week
Markets Wrap Up
a Losing Week
MARKETS
Jul 7, 2023 3:16 PM CDT

Markets Wrap Up a Losing Week

Dow falls 187 points

(Newser) - Wall Street ended in negative territory on Friday after data suggested the US job market is still warm enough to keep the economy growing but maybe not so hot that it stokes inflation much higher, per the AP .
  • The S&P 500 fell 12 points, or 0.2%, to 4,
...

New Fears of Rate Hikes Send Markets Sliding
New Fears of Rate Hikes
Send Markets Sliding
MARKETS
Jul 6, 2023 3:18 PM CDT

New Fears of Rate Hikes Send Markets Sliding

Dow falls 366 points on strong jobs data

(Newser) - Stocks fell Thursday on data suggesting the US job market remains much more resilient than expected.
  • The Dow fell 366 points, or 1%, to 33,922.
  • The S&P 500 fell 35 points, or 0.7%, to 4,411.
  • The Nasdaq fell 112 points, or 0.8%, to 13,679.
...

Wall St. Drifts Lower as China Worries Hit World Markets

With Twitter rival on the way, Meta was among the winners

(Newser) - Wall Street edged lower Wednesday following a rally that sent it roaring 16% higher for the year so far. The S&P 500 fell 8.77 points, or 0.2%, to 4,446.82, edging down from its highest level since April 2022. The Dow Jones Industrial Average fell 129....

Strong Tesla Sales Give Markets a Boost
Strong Tesla Sales
Give Markets a Boost
MARKETS
Jul 3, 2023 3:15 PM CDT

Strong Tesla Sales Give Markets a Boost

Major indexes tick up in short trading day

(Newser) - Stocks edged higher in a shortened trading day Monday as momentum slowed on Wall Street following its powerful rally through the first half of the year, per the AP .
  • The S&P 500 rose 5.21 points, or 0.1%, to 4,455.59 and reached its highest level since
...

Apple Passes Huge Financial Milestone

Company is now worth more than $3T, and analysts expect it to stay that way

(Newser) - Apple, the world's most valuable company, had a market capitalization of more than $3 trillion for the first time at the close of trading Friday—and analysts believe it's likely to stay above that level, unlike in early 2022 when it briefly hit that milestone during daily trading....

Nasdaq Has Best First Half of Year in 4 Decades
Nasdaq Has Best First
Half of Year in 4 Decades
MARKETS
Jun 30, 2023 3:20 PM CDT

Nasdaq Has Best First Half of Year in 4 Decades

All the major indexes rose again on Friday

(Newser) - Wall Street's winning week, month, and first half of the year closed with another rally Friday after reports suggested pressure on inflation may be easing, per the AP .
  • The S&P rose 53 points, or 1.2%, to 4,450.
  • The Dow rose 285 points, or 0.8%, to
...

Results of Bank Tests Help Lift the Dow
Results of Bank Tests
Help Lift the Dow
MARKETS
Jun 29, 2023 3:26 PM CDT

Results of Bank Tests Help Lift the Dow

Index rises 269 points

(Newser) - Wall Street ticked mostly higher Thursday as investors considered both the upsides and downsides of the US economy remaining stronger than feared.
  • The S&P 500 rose 19 points, or 0.4%, to 43,396.
  • The Dow rose 269 points, or 0.8%, to 34,122.
  • The tech-focused Nasdaq slipped
...

Cruise Line Was Biggest Gainer in S&amp;P 500
Carnival Cruise Line
Jumps 8.9%
MARKETS
Jun 28, 2023 3:38 PM CDT

Carnival Cruise Line Jumps 8.9%

But it was a bad day for General Mills, other food makers

(Newser) - Wall Street drifted to a mixed close on Wednesday. The S&P 500 fell 1.55 points, or less than 0.1%, to 4,376.86, but held on to a gain for the week. The Dow Jones Industrial Average fell 74.08 points, or 0.2%, to 33,852....

Delta Stock Soars 6.8% on a Winning Day for Wall Street

Reports suggest economy is in better shape than feared

(Newser) - Wall Street rallied Tuesday after a round of reports suggested the economy is in better shape than feared. The S&P 500 rose 49.59 points, or 1.1%, to 4,378.41. The Dow Jones Industrial Average rose 212.03 points, or 0.6%, to 33,926.74. The...

Wall Street&#39;s Pullback Stretches Into Second Week
Russia Rebellion
Fails to Shake Markets
MARKETS
Jun 26, 2023 4:02 PM CDT

Russia Rebellion Fails to Shake Markets

But Wall Street's pullback stretched into a 2nd week

(Newser) - Stocks drifted lower as Wall Street's pullback from its recent rally carried into a second week. The S&P 500 fell 1 9.51 points, or 0.4%, to 4,328.82 Monday. The index remains close to its highest level in a year. Tech stocks were the heaviest...

Wall Street&#39;s Winning Streak Hits a Wall
Wall Street's Winning
Streak Hits a Wall
MARKETS
Jun 23, 2023 3:11 PM CDT

Wall Street's Winning Streak Hits a Wall

Dow falls more than 200 points

(Newser) - Wall Street on Friday closed out its first losing week in the last six:
  • The S&P 500 fell 33 points, or 0.7%, to 4,348.
  • The Dow fell 218 points, or 0.6%, to 33,728.
  • The Nasdaq fell 138 points, or 1%, to 13,492.
  • All the
...

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