stock market

Stories 721 - 740 | << Prev   Next >>

India Has a Bizarre Stock Market Scandal

Former head of largest exchange is accused of being a 'puppet' of a Himalayan yogi

(Newser) - This might be the most unusual financial scandal in a while: The former chief of India's biggest stock exchange is accused of sharing sensitive financial data with a Himalayan yogi and relying on the guru for major decisions, reports the BBC . The Securities and Exchange Board of India leveled...

Global War Worries Rattle the Markets
Global War Worries
Rattle the Markets
MARKETS
Feb 11, 2022 3:15 PM CST

Global War Worries Rattle the Markets

S&P 500 falls nearly 2%

(Newser) - Stocks sank Friday as worries about an imminent Russian invasion of Ukraine piled onto Wall Street’s already heavy list of concerns about inflation and interest rates, per the AP . The Dow fell 503 points, or 1.4%, to 34,738; the S&P 500 fell 85 points, or 1....

Red-Hot Inflation Is Bad News for the Dow
Red-Hot Inflation
Is Bad News for the Dow
MARKETS
Feb 10, 2022 3:13 PM CST

Red-Hot Inflation Is Bad News for the Dow

Index falls more than 500 points

(Newser) - The stock market had a rough day, thanks to a familiar theme: A report showing that inflation remains super-charged has renewed fears that the Federal Reserve will act aggressively to try to tame it, reports CNBC . The benchmark S&P 500 fell 83 points, or 1.8%, to 4,504;...

Chipotle Jumps 10.1% Despite Menu Price Hikes
Chipotle Stock Sizzles
on Strong Earnings
MARKETS
Feb 9, 2022 3:58 PM CST

Chipotle Stock Sizzles on Strong Earnings

It jumped 10.1% despite menu price hikes

(Newser) - Stocks closed broadly higher on Wall Street Wednesday, putting the market further into the green for the week after a solid gain a day earlier. Technology and communications stocks were among the biggest gainers. Microsoft rose 2.2% and Google's parent company, Alphabet, rose 1.6%. Chipmaker Nvidia rose...

Markets Bounce Back From Monday Losses
Peloton Jumps 25.3%
After Corporate Shake-Up
MARKETS
Feb 8, 2022 4:01 PM CST

Peloton Jumps 25.3% After Corporate Shake-Up

Indexes bounce back from Monday losses

(Newser) - Technology companies and banks led stocks higher on Wall Street Tuesday, more than making up the market’s losses a day earlier. Peloton jumped 25.3% after the exercise bike maker announced a corporate shake-up and big job cuts. Bond yields rose. The S&P 500 rose 37.67 points,...

Tyson Foods Jumps 12.2% After Strong Results
Tyson Foods Jumps
12.2% After Strong Results
MARKETS
Feb 7, 2022 3:45 PM CST

Tyson Foods Jumps 12.2% After Strong Results

It was a bumpy day for the S&P 500

(Newser) - Stocks ended another bumpy day with mixed results on Wall Street Monday. The S&P 500 went up, down, up, and then down again in the last hour of trading to wind up with a loss of 0.4%. Losses in several big tech companies left the Nasdaq down 0....

Stocks Finish Mixed After Gangbuster Jobs Report

Dow slips a bit while S&P ticks up

(Newser) - Stock indexes ended mixed and Treasury yields jumped Friday amid Wall Street’s expectations that the Federal Reserve will soon start raising interest rates sharply. The Dow fell 21 points to 35,089, the S&P 500 rose 23 points to 4,500, and the Nasdaq rose 219 points to...

Facebook&#39;s Brutal Day Helps Sink Stock Market
Facebook's Brutal Day
Helps Sink Stock Market
MARKETS
Feb 3, 2022 3:14 PM CST

Facebook's Brutal Day Helps Sink Stock Market

Parent company Meta has a historically bad day

(Newser) - The stock market had a rough day on Thursday, thanks largely to a historically bad day for Facebook parent company Meta . Its shares fell 26%, which wiped out more than $220 billion in market value—"the largest drop in history for any company," per the AP . As for...

PayPal Just Had Its Worst Trading Day Since 2015

It slumped 24.6% after reporting weak quarter

(Newser) - Stocks closed higher on Wall Street Wednesday, putting major indexes on track to extend their weekly gains. The S&P 500 rose 0.9% and the Nasdaq added 0.5%. The Dow Jones Industrial Average climbed 0.6%. Big communications and technology companies helped lift the broader market. Google’s...

What You Should Know About Alphabet's Stock-Split News

Entry point into investing in Google parent company will be lower in July

(Newser) - Alphabet has had plenty of people doing division over the last day, after the Google parent company announced a planned 20-for-1 stock split, the Wall Street Journal reports. What does this mean for the value of the stock, the future of Alphabet and its subsidiaries, and the stock market at...

February Gets Off to a Strong Start
February Gets Off
to a Strong Start
MARKETS
Feb 1, 2022 3:57 PM CST

February Gets Off to a Strong Start

Dow was up 273 points

(Newser) - Stocks closed higher on Wall Street Tuesday, getting February off to a decent start after a miserable January. The S&P 500, the Nasdaq composite, and the Dow Jones Industrial Average all rose. Nearly all of the gains came in the last hour after the market spent most of the...

Wall Street Just Had Its Worst Month Since March 2020

Indexes end in the red despite Monday gains

(Newser) - Stocks closed higher Monday, but still logged their worst monthly loss since the early days of the pandemic, as Wall Street closes a tumultuous January wracked by worries that imminent interest-rate hikes will make everything in markets more challenging. The S&P 500 rose 1.9%, but it’s still...

Apple&#39;s Surge Helps Snap Market&#39;s Losing Streak
Dow Just
Had Its
Best Day
of 2022
MARKETS
Jan 28, 2022 3:17 PM CST

Dow Just Had Its Best Day of 2022

Index rises 564 as market snaps its weekly losing streak

(Newser) - The stock market wrapped up a week of wild swings on Friday by finishing in positive territory for the day—and the week. The S&P 500 rose 105 points, or 2.4%, to 4,431; the Dow rose 564 points, or 1.6%, to 34,724; and the tech-heavy...

Rally Fades as Reality on Interest Rates Sinks In

Fourth straight weekly decline is in sight

(Newser) - Another volatile day of trading on Wall Street ended Thursday with stocks closing lower after giving up an early rally. The late-afternoon fade extended the market's losing streak as it closes in on its fourth weekly loss. Markets are still processing the latest indications from the Federal Reserve a...

Stocks Give Up Gains After Fed Signals Rate Hike
Gains Evaporate After
Fed Signals Rate Hike
MARKETS
Jan 26, 2022 3:44 PM CST

Gains Evaporate After Fed Signals Rate Hike

S&P 500 gave up early gain of 2.2%

(Newser) - An early market rally gave way to a broad slide for stocks and a surge in bond yields Wednesday after the Federal Reserve signaled it plans to begin raising interest rates "soon" to fight a spike in inflation that the central bank says is probably getting worse. Fed Chair...

Stocks Tumble Again After Volatile Day
Stocks Tumble Again
After Volatile Day
MARKETS
Jan 25, 2022 3:57 PM CST

Stocks Tumble Again After Volatile Day

Monday's late surge may have been a 'head fake'

(Newser) - Stocks fell on Wall Street Tuesday, continuing a volatile bout of trading that has sent markets swinging between steep losses and gains as investors gauge several threats. The S&P 500 gave up 1.2%, but clawed back much of a midday drop after being down as much as 2....

After Wild Ride, Dow Closes With 99-Point Gain

Other major indexes also bounced back from huge losses earlier in the day

(Newser) - Stocks recovered from big early losses Monday as investors jumped in before the closing bell. The Dow Jones Industrial Average swung 1,217 points and closed up 0.3% after dropping 1,000 points as investors anticipated inflation-fighting measures from the Federal Reserve and fretted over possible conflict between Russia...

Stock Market Hits Correction Territory
Stock Market Hits
Correction Territory
MARKETS
Jan 24, 2022 9:50 AM CST

Stock Market Hits Correction Territory

S&P 500 was 10% off its most recent high

(Newser) - Stocks sank Monday in morning trading on Wall Street, putting the benchmark S&P 500 on track for what the market considers a correction—a drop of 10% or more from its most recent high. The S&P 500 fell 2.5% to 4,287.22 in the first hour...

Netflix Leads the Way to a Rough Day on Wall Street

All the major indexes fall hard again

(Newser) - Stocks wrapped up another losing week on Friday as 2022 continued its miserable start on Wall Street. The Dow fell 450 points, or 1.3%, to 34,265; the S&P 500 fell 84 points, or 1.8%, to 4,397; and the tech-heavy Nasdaq fell 385 points, or 2....

Stocks Rebound&mdash;Then Fizzle
Stocks Rebound—Then Fizzle
MARKETS
Jan 20, 2022 3:05 PM CST

Stocks Rebound—Then Fizzle

Major indexes lose ground again

(Newser) - The stock market was having a strong day in the early going, but things went south late in the afternoon as major indexes ended in the red. The Dow fell 313 points to 34,715, the S&P 500 fell 50 points to 4,482, and the Nasdaq fell 186...

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