stock market – News Stories About stock market - Page 48

Report of Hefty Tax Hike
Puts Wall Street in Bad Mood

MARKETS

Apr 22, 2021 3:05 PM CDT

Report of Hefty Tax Hike Puts Wall Street in Bad Mood

Bloomberg says Biden may double capital gains tax rate on wealthy to about 40%

(Newser) - The stock market had a rough day, and the Wall Street Journal blames speculation that President Biden plans to raise the capital gains tax rate. The Dow fell 321 points to 33,815, the S&P 500 fell 38 points to 4,134, and the Nasdaq fell 131 points to...

Netflix Shares Drop 7.6% as Subscriber Growth Stalls

It Was a Winning Day on
Wall St., But Not for Netflix

MARKETS

Apr 21, 2021 3:42 PM CDT

It Was a Winning Day on Wall St., But Not for Netflix

Company fell 7.4% after disappointing news on subscriber growth

(Newser) - Stocks ended broadly higher on Wall Street after steadily gaining throughout the day. The S&P 500 index added 0.9% Wednesday following its first back-to-back loss since March. Technology companies and banks helped lead the way higher. Communications stocks were among the only losers, led by a 7.4%...

United Airlines Stock
Tumbles 8.5%

MARKETS

Apr 20, 2021 3:49 PM CDT

United Airlines Stock Tumbles 8.5%

Tech stocks led broader market lower

(Newser) - Stocks closed lower on Wall Street, led by drops in technology companies and banks. The S&P 500 gave back 0.7%, pulling the index further below the record high it set on Friday. Small-company stocks, which have been beating the rest of the market in recent months, fell more...

Tesla Shares Drop
3.7% After Deadly Crash

MARKETS

Apr 19, 2021 4:02 PM CDT

Tesla Shares Drop 3.7% After Deadly Crash

Tech stocks led Wall Street pullback

(Newser) - Stocks closed broadly lower on Wall Street Monday, pulling major indexes below the record highs they reached last week. The S&P 500 fell 0.5% and the tech-heavy Nasdaq lost 1%. Small-company stocks did worse than the rest of the market. Technology stocks had some of the biggest pullbacks,...

S&P 500 Keeps Its
Winning Streak Alive

MARKETS

Apr 16, 2021 3:06 PM CDT

S&P 500 Keeps Its Winning Streak Alive

It reaches another record, as does the Dow

(Newser) - Major indexes reached records again on Friday after a tick up in bond yields helped lift bank stocks. The broad gains in the market were tempered by a so-so performance by technology stocks. Crude oil prices also slipped and weighed down energy companies, per the AP . The Dow rose 164...

Dow Cracks 34K for First Time

MARKETS

Apr 15, 2021 3:09 PM CDT

Dow Cracks 34K for First Time

Record falls on strong economic data

(Newser) - The strong economic news in the morning didn't waver in the afternoon as the stock market again reached record territory. The Dow closed above 34,000 for the first time, rising 305 points to 34,035; the S&P 500 climbed 45 points to a record 4,170; and...

Cryptocurrency Exchange Makes Stock Market Debut

Crypto Exchange Valued at
$87B in Stock Market Debut

MARKETS

Apr 14, 2021 3:43 PM CDT

Crypto Exchange Valued at $87B in Stock Market Debut

Bank stocks were mixed despite strong earnings reports

(Newser) - Most US stocks rose Wednesday following an encouraging start to what’s expected to be a thunderous earnings reporting season, but major indexes still ended mixed as drops in several tech heavyweights including Apple and Facebook weighed them down. The S&P 500 fell 0.4%, to 4,124.66...

Markets Feel Impact of
Bad News on Vaccine

MARKETS

Apr 13, 2021 3:37 PM CDT

Markets Feel Impact of Bad News on Vaccine

Moderna jumped 6.8% after regulators recommended pause on rival vaccine

(Newser) - Stocks closed mixed on Wall Street Tuesday as gains from a handful of Big Tech companies were tempered by weakness elsewhere in the market. Treasury yields fell, which hurt banks but helped tech companies, the AP reports. The S&P 500 rose 0.3%, notching another record high. Among major...

Stocks Close
Just Short of
Record Highs

MARKETS

Apr 12, 2021 3:58 PM CDT

Stocks Close Just Short of Record Highs

Wall Street expects big profits for major banks

(Newser) - Stocks ended just below the latest record highs they hit last week as technology companies slipped. The S&P 500 edged down less than 0.1% Monday and the tech-heavy Nasdaq gave up 0.4%. Investors are continuing to focus on the economic recovery as well as concerns about inflation...

Stocks Extend Push
Into Record Territory

MARKETS

Apr 9, 2021 3:05 PM CDT

Stocks Extend Push Into Record Territory

Dow rises nearly 300 points

(Newser) - Stocks ended the week in upbeat fashion Friday as a rise in bond yields helped lift the shares of banks. The Dow rose 297 points to a record high of 33,800, the S&P rose 31 points to a record of its own at 4,128, and the Nasdaq...

S&P Notches Another Record

MARKETS

Apr 8, 2021 3:10 PM CDT

S&P Notches Another Record

Tech stocks have a good day in the market

(Newser) - Stocks ticked upward again on Thursday, helped by large technology companies that have benefitted from steady bond yields. The Dow gained 57 points to 33,503, the S&P 500 rose 17 points to another record of 4,097, and the Nasdaq rose 140 points to 13,829. The easing...

Stocks Pull Back
From Record Highs

MARKETS

Apr 6, 2021 3:46 PM CDT

Stocks Pull Back From Record Highs

Bond yield drop pulled banks down

(Newser) - Stocks edged lower on Wall Street, pulling major indexes slightly below the record highs they reached a day earlier. The S&P 500 fell 0.1% Tuesday after wavering between gains and losses throughout the afternoon. Technology and health care stocks led the way lower. The churn that has been...

Investors Buoyed by
Latest Jobs Report

MARKETS

Apr 5, 2021 3:53 PM CDT

Investors Buoyed by Latest Jobs Report

Dow, S&P 500 set new records Monday

(Newser) - Stocks closed broadly higher on Wall Street Monday as the economy showed more signs that it’s continuing to recover. The S&P 500 rose 1.4% to another record high. The gains came after the government reported last week that employers went on a hiring spree in March, adding...

Benchmark S&P Closes
With a Milestone '4'

MARKETS

Apr 1, 2021 3:09 PM CDT

Benchmark S&P Closes With a Milestone '4'

Benchmark index finishes above 4K for the first time

(Newser) - The benchmark S&P 500 closed in uncharted territory on Thursday—north of 4,000. The index rose 46 points, or 1.1%, to finish at 4,019. It's the first time the index has ever crossed the threshold, let alone closed above it, reports CNBC . The Dow rose...

S&P 500 Caps Fourth
Consecutive Quarterly Gain

MARKETS

Mar 31, 2021 3:31 PM CDT

S&P 500 Caps Fourth Consecutive Quarterly Gain

Index was outperformed by small-company stocks

(Newser) - Stocks closed mostly higher on Wall Street, clinching the 4th straight quarterly gain for the S&P 500. The benchmark index rose 0.4% Wednesday, bringing its gain for the first three months of the year to 5.8%. The quarterly gain for the index, which tracks large US companies,...

Bond Yield Rise Is
'Spooking Investors'

MARKETS

Mar 30, 2021 3:44 PM CDT

Bond Yield Rise Is 'Spooking Investors'

Dow fell back from record high Tuesday

(Newser) - US stock indexes closed lower Tuesday as another swell higher for Treasury yields added pressure on big technology stocks. The S&P 500 lost 0.3%. Banks and small-company stocks rose. The spotlight was again on the bond market, where the yield on the 10-year Treasury rose to 1.73%....

Dow Reaches
Record to Start Week

MARKETS

Mar 29, 2021 3:05 PM CDT

Dow Reaches Record to Start Week

Index rises nearly 100 points

(Newser) - Stocks wobbled in the morning but stabilized in afternoon trading on Monday. The Dow rose 98 points to a record 33,171, while the S&P 500 fell 3 points to 3,971, and the Nasdaq fell 79 points to 13,059. Financial stocks suffered some of the sharpest losses...

Wall Street's Strong Finish
Erases Week's Losses

MARKETS

Mar 26, 2021 3:12 PM CDT

Wall Street's Strong Finish Erases Week's Losses

Dow rises 453 points

(Newser) - US stocks rose on Friday, erasing the market’s losses from earlier in the week and helping Wall Street avoid a second straight weekly drop. The benchmark S&P 500 rose 65 points, or 1.6%, to 3,974, and some of the biggest gains came from companies whose profits...

Stocks Finish Stronger
After a Shaky Start

Mar 25, 2021 3:20 PM CDT

Stocks Finish Stronger After a Shaky Start

Dow is up nearly 200 points

(Newser) - Stocks closed higher on Wall Street Thursday after shaking off some wobbles from earlier in the day. Gains for banks and industrial companies offset weakness in Big Tech stocks including Facebook and Microsoft, per the AP . The Dow rose 199 points, or 0.6%, to 32,619; the S&P...

GameStop Just Lost
a Third of Its Value

MARKETS

Mar 24, 2021 3:53 PM CDT

GameStop Just Lost a Third of Its Value

Tech stocks took a beating Wednesday

(Newser) - Stocks gave up an early gain and wound up broadly lower on Wall Street, led by declines in tech heavyweights like Facebook and Apple. The S&P 500 gave up 0.5% Wednesday, its second loss in a row, while the tech-heavy Nasdaq dropped 2%. Bond yields mostly fell after...