stock market

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Stocks Drop After Minutes From Fed Meeting Released

Tech stocks were the biggest drag on the market

(Newser) - Stocks fell and bond yields rose on Wall Street Wednesday after details from last month’s Federal Reserve meeting showed the central bank intends to be aggressive in its efforts to fight inflation. Minutes from the meeting show that policymakers agreed to begin cutting the Fed’s stockpile of Treasurys...

Bond Yields Jump After Remark From Fed Governor

Tech stocks drag Wall St. indexes down

(Newser) - Stocks closed lower on Wall Street Tuesday and bond yields jumped as remarks by a Federal Reserve governor fueled expectations on Wall Street that the central bank is prepared to more aggressively raise interest rates and take other steps in a bid to tame surging inflation. The S&P 500...

Twitter Jumps 27.6% After Musk Buy DIsclosed
Twitter Jumps 27.6%
After Musk Buy Disclosed
MARKETS

Twitter Jumps 27.6% After Musk Buy Disclosed

Markets pleased with news Tesla CEO bought 9.2% stake in company

(Newser) - Stocks closed higher on Wall Street on Monday with help from big technology and communications stocks. Twitter soared 27.6% following a big investment in the company from Tesla’s Elon Musk. The gains in technology companies helped offset weakness in other parts of the market, the AP reports. The...

Market Begins New Quarter in Positive Territory

Dow rises 139

(Newser) - On Thursday, the stock market wrapped up its first losing quarter in two years. On Friday, it kicked off a new quarter, and things went in a better direction. The Dow rose 139 points 34,818, the benchmark S&P 500 rose 15 points to 4,545, and the Nasdaq...

Stocks Just Had Worst Quarter in 2 Years
Stocks Just Had Worst
Quarter in 2 Years
MARKETS

Stocks Just Had Worst Quarter in 2 Years

Dow falls 550 points on the day

(Newser) - A late slump left stocks decisively lower on Wall Street Thursday, wrapping up the worst quarter for the market since the pandemic broke out two years ago, per the AP . Despite posting a gain in March, a dismal January and February left US indexes lower for the year to date....

Stocks Drop as US Growth Fails to Meet Expectations

Ukraine peace prospects remain very uncertain

(Newser) - Stocks ended lower on Wall Street Wednesday, breaking a four-day winning streak but keeping major indexes in the green so far for the week. Energy stocks rose along with oil prices. The S&P 500 fell 29.15 points, or 0.6%, to 4,602.45. The Dow Jones Industrial...

Wall St. Makes Gains Amid Signs of Hope in Ukraine
Peace Talks Give
Markets a Boost
MARKETS

Peace Talks Give Markets a Boost

Benchmark oil price dives for a 2nd day

(Newser) - Wall Street built on its recent gains and closed higher Tuesday as talks on ending the war in Ukraine showed signs of progress. Energy stocks were lagging behind again as oil prices sank. Turkey’s foreign minister said Russian and Ukrainian negotiators have reached "a consensus and common understanding"...

Oil Prices Slump as Shanghai Lockdown Begins
Crude Oil Prices Plunge
as Shanghai Locks Down
MARKETS

Crude Oil Prices Plunge as Shanghai Locks Down

Tesla jumps 8% on stock split news

(Newser) - Stocks shook off a midday slump and closed higher on Wall Street, though energy companies ended in the red as crude oil prices fell sharply. Tesla jumped 8% after saying it would seek shareholder approval to do another stock split. US crude oil slumped 7% and Brent crude, the international...

S&amp;P 500 Erases Losses From Russia&#39;s Invasion
S&P 500 Erases Losses
From Russia's Invasion
MARKETS

S&P 500 Erases Losses From Russia's Invasion

Benchmark index rises for second straight week

(Newser) - Major stock indexes posted gains on Friday as the benchmark S&P 500 registered its second winning week in a row. In fact, CNBC notes a milestone: The index has erased the losses it suffered in the immediate aftermath of Russia's invasion of Ukraine. On Friday, the S&P...

Stocks Rebound, Continuing Their Seesaw
Stocks Rebound,
Continuing Their Seesaw
MARKETS

Stocks Rebound, Continuing Their Seesaw

Dow rises nearly 350 points

(Newser) - The stock market on Thursday reclaimed much of the losses it endured on Wednesday . The Dow rose 349 points to 34,707, the S&P 500 rose 63 points to 4,520, and the Nasdaq rose 269 points to 14,191. All the gains were more than 1%, and the...

Stocks Fall as Oil Jumps More Than 4%
Dow Drops 449 Points
as Oil Rises Sharply
MARKETS

Dow Drops 449 Points as Oil Rises Sharply

Brent crude was up nearly 5%

(Newser) - Stocks closed lower on Wall Street Wednesday, giving back nearly all of the gains they made a day earlier, as crude oil prices rose sharply again. Technology, health care, and financial stocks were among the biggest losers. Retailers and communications companies also lost ground. The S&P 500 fell 55....

Indexes Bounce Back From Monday&#39;s Drop
Tech, Banking Stocks
Send Indexes Higher
MARKETS

Tech, Banking Stocks Send Indexes Higher

Dow rose 254 points

(Newser) - Stocks closed higher on Wall Street Tuesday and oil prices eased as investors remained focused on the outlook for inflation. The indexes more than made up for a modest pullback for stocks to start the week, the AP reports. Energy stocks slipped as oil prices fell. The S&P 500...

Stocks Retreat From Some of Last Week&#39;s Gains
Boeing Stock Slides
After China Crash
MARKETS

Boeing Stock Slides After China Crash

(Newser) - Wall Street ended modestly lower Monday after giving up an early gain and bouncing around for much of the day. The indecisive trading came on the first trading day after the market posted its best week since November 2020 and as the chair of the Federal Reserve said the central...

Market Just Had Best Week Since 2020
Stocks Post Best Week
Since 2020
MARKETS

Stocks Post Best Week Since 2020

All the major indexes rise again

(Newser) - The stock market rose again on Friday, putting the wraps on its best week since November 2020, reports CNBC . The benchmark S&P 500 rose 51 points to 4,463, good for a weekly gain of more than 5%. The Dow rose 273 points to 34,754, also up 5%...

Stocks Extend Rally Even as Oil Climbs Again
Stocks Extend Rally
Even as Oil Climbs Again
MARKETS

Stocks Extend Rally Even as Oil Climbs Again

Benchmark S&P rises more than 1%, as does the Dow

(Newser) - Wall Street extended a rally into a third day on Thursday, even as oil prices jumped back above $100 per barrel. The benchmark S&P 500 rose 53 points to 4,411, notching a 1.2% gain after drifting between small gains and losses in the early going, per the...

Stocks, Bond Yields Rise Sharply After Fed Announcement

S&P 500 jumped 2.2%

(Newser) - Stocks shook off an afternoon stumble and ended higher on Wall Street Wednesday after the Federal Reserve announced its first interest rate hike since 2018. Bond yields also rose as the Fed started to shift its policy to fighting inflation, the AP reports. The S&P 500 rose 95.41...

Stocks Rally as Oil Price Tumbles Again
Stocks Rally
as Oil Price
Tumbles Again
MARKETS

Stocks Rally as Oil Price Tumbles Again

Dow surged almost 600 points

(Newser) - Stocks closed higher on Wall Street Tuesday as inflation worries ebbed and oil prices slid. The S&P 500 gained 2.1% after a report showed inflation’s rapid acceleration paused at the wholesale level last month, the AP reports. Oil tumbled more than 6%. Treasury yields were mixed as...

Markets Slide Lower Ahead of Fed Meeting
US Oil Price
Drops Almost 6%
MARKETS

US Oil Price Drops Almost 6%

Traders exercise caution ahead of Fed meeting

(Newser) - Stocks swayed lower on Wall Street Monday, crude oil prices fell, and bond yields rose sharply as waves of market-moving forces crashed into each other. Markets remained jumbled as investors try to assess the various impacts on the economy from the war in Ukraine, upcoming rate hikes from the Federal...

Dow Racks Up 5th Straight Losing Week
Dow Racks Up
5th Straight Losing Week
MARKETS

Dow Racks Up 5th Straight Losing Week

Early optimism out of Ukraine does not hold up

(Newser) - The boost of optimism on Ukraine that gave the markets an early boost could not be sustained. In the end, all the major indexes finished in the red on Friday and the Dow logged its fifth straight losing week, reports CNBC . The Dow dropped 229 points to 32,944, the...

Seesawing Dow Decides to Dip This Time
Seesawing Dow Decides
to Dip This Time
MARKETS

Seesawing Dow Decides to Dip This Time

Index fall 112 points after Wednesday's strong gains

(Newser) - The only thing consistent about the stock market these days is the volatility. After a great day Wednesday, the markets slipped back into negative territory on Thursday—though nowhere near the depths of early in the week. The Dow fell 112 points to 33,174, the S&P 500 fell...

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