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Wall Street Ends Tough Month With More Losses

Tough Month for Stocks
Ends With More Losses

MARKETS

Feb 28, 2023 4:13 PM CST

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

MARKETS

Feb 27, 2023 3:35 PM CST

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

MARKETS

Feb 24, 2023 3:23 PM CST

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

MARKETS

Feb 23, 2023 3:13 PM CST

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

...

2 Companies Drop After
Reporting Strong Results

MARKETS

Feb 22, 2023 3:40 PM CST

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

Feb 21, 2023 3:48 PM CST

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

MARKETS

Feb 17, 2023 3:12 PM CST

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

MARKETS

Feb 16, 2023 3:45 PM CST

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

MARKETS

Feb 15, 2023 4:08 PM CST

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%...

Key Inflation Report
Didn't Shake Markets

MARKETS

Feb 14, 2023 3:52 PM CST

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

MARKETS

Feb 13, 2023 3:48 PM CST

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

MARKETS

Feb 10, 2023 3:47 PM CST

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....

'Wall Street Couldn't Keep
the Upbeat Mood'

MARKETS

Feb 9, 2023 3:15 PM CST

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

MARKETS

Feb 8, 2023 3:41 PM CST

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....

Fed Chair's Remarks
Lift Wall Street

MARKETS

Feb 7, 2023 3:46 PM CST

Fed Chair's Remarks Lift Wall Street

Dow rises 266 point

(Newser) - Stocks closed higher on Wall Street after the head of the Federal Reserve signaled last week’s stunningly strong jobs report isn’t likely to change where interest rates are heading on its own, as some investors had feared. The S&P 500 rose 52.92 points, or 1.3%,...

Stocks Drop for a 2nd Day
After Stunning Jobs Report

MARKETS

Feb 6, 2023 3:43 PM CST

Stocks Drop for a 2nd Day After Stunning Jobs Report

Investors are worried about more rate hikes

(Newser) - Stocks slipped again on Wall Street Monday. The S&P 500 fell 0.6%, its second straight fall after a stunningly strong report on the jobs market dented the market’s hopes that interest rates would ease. The S&P 500 fell 25.40 points to 4,111.08. The...

Booming Jobs Report
Puts a Damper on Wall Street

Feb 3, 2023 3:15 PM CST

Booming Jobs Report Puts a Damper on Wall Street

Good news was bad news in this case

(Newser) - Wall Street's rally hit a wall Friday after a surprisingly strong jobs report fueled worries about inflation and higher interest rates. All three major indexes fell: The Dow lost 127 points, or 0.3%, to 33,926; the S&P 500 lost 43 points, or 1%, to 4,136;...

Tech Surge Leaves S&P
at Highest Mark in Months

MARKETS

Feb 2, 2023 3:19 PM CST

Tech Surge Leaves S&P at Highest Mark in Months

Facebook parent Meta led the charge

(Newser) - Wall Street rallied again on Thursday, led by excitement around tech stocks and a surge for Facebook’s parent company . The benchmark S&P 500 rose 60 points, or 1.4%, to 4,179, its highest level in five months, per CNBC . The tech-centric Nasdaq fared even better, rising 384...

Stocks Do U-Turn
After Fed Chief Speaks

MARKETS

Feb 1, 2023 4:00 PM CST

Stocks Do U-Turn After Fed Chief Speaks

S&P 500 jumps from 1% loss to 1% gain as Powell sees progress against inflation

(Newser) - Stocks climbed Wednesday to send Wall Street to its best level since the summer following the latest hike to interest rates by the Federal Reserve, which said it’s finally seeing improvements in inflation. The S&P 500 rallied back from an early 1% loss to finish 1% higher 4,...

Wall Street
Ends January
on a Strong Note

MARKETS

Jan 31, 2023 3:45 PM CST

Wall Street Ends January on a Strong Note

But McDonald's fell despite strong profits

(Newser) - Wall Street closed out a strong January with more gains. The S&P 500 rose 58.83 points Tuesday, or 1.5%, to 4,076.60, marking its third winning month in the last four. The Dow Jones Industrial Average rose 368.95 points, or 1.1%, to 34,086....