stock market

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S&amp;P 500 Closes in on Record High
First Bitcoin ETF
Jumps 4.8% in Market Debut
MARKETS
Oct 19, 2021 3:54 PM CDT

First Bitcoin ETF Jumps 4.8% in Market Debut

S&P 500 is closing in on record high

(Newser) - Stocks closed higher on Wall Street Tuesday, giving the S&P 500 its fifth straight gain and getting it closer to the record high it set in early September. The Dow Jones Industrial Average and the Nasdaq also closed higher. Health care companies made some of the biggest gains. Johnson...

Markets Lose Momentum After Best Week Since July

Tech stocks rose; health stocks were down

(Newser) - Stocks wobbled to a mixed finish on Wall Street Monday as the market’s momentum slowed down following its best week since July. The S&P 500 index rose 0.3% but the Dow Jones Industrial Average fell 0.1%. Gains in several big technology companies helped push the Nasdaq...

Wall Street Has Best Week in Months
Wall Street, Bitcoin
Have Strong Days
MARKETS
Oct 15, 2021 3:20 PM CDT

Wall Street, Bitcoin Have Strong Days

S&P wraps up best week in months, while the cryptocurrency rises above $61K

(Newser) - The good mood on Wall Street carried over into Friday, helping lift the market to its best week in months. Strong earnings reports—from Goldman Sachs in particular on Friday—as well as encouraging economic data contributed to the strong day.
  • The Dow rose 382 points, or 1%, to 35,
...

S&amp;P 500 Has Best Day in Months
S&P 500 Has Best
Day in Months
MARKETS
Oct 14, 2021 3:06 PM CDT

S&P 500 Has Best Day in Months

Benchmark index rises 1.7% on strong earnings

(Newser) - Strong earnings reports put investors in a happy mood on Wall Street Thursday. The Dow rose 534 points, or 1.5%, to 34,912; the S&P 500 rose 74 points, or 1.7%, to 4,438; and the Nasdaq rose 251 points, or 1.7%, to 14,823. Stocks...

Delta Drops 5.8% After Warning of Fuel, Labor Costs
Delta Was
Biggest Loser
in S&P 500
MARKETS
Oct 13, 2021 3:48 PM CDT

Delta Was Biggest Loser in S&P 500

Airline drops 5.8% after warning that fuel, labor costs could hit profits

(Newser) - Stocks ended another day of choppy trading modestly higher Wednesday, enough to break a three-day losing streak for the S&P 500. The benchmark index rose 0.3%. Delta Air Lines fell 5.8%, the most in the S&P 500, after warning that higher fuel and labor costs could...

Stocks Slip as Investors Await Inflation Data
Stocks Slip as Investors
Await Inflation Data
MARKETS
Oct 12, 2021 3:46 PM CDT

Stocks Slip as Investors Await Inflation Data

Labor Department releases 2 big updates this week

(Newser) - Stocks ended an up-and-down day mostly lower on Wall Street as traders wait for more data on inflation and corporate earnings this week. The S&P 500, the Dow Jones Industrial Average, and the Nasdaq fell. Small-company stocks ended higher. A mix of retailers and other companies that rely on...

Stocks Fizzle After Early Gains
Stocks Fizzle
After Early Gains
MARKETS
Oct 11, 2021 4:00 PM CDT

Stocks Fizzle After Early Gains

But energy stocks did well after crude price rose above $80 a barrel

(Newser) - Stocks closed broadly lower after a day of choppy trading on Wall Street Monday as investors prepared for a busy week of corporate earnings and inflation updates. The major indexes made early gains, but slowly fizzled as the day progressed, the AP reports. The S&P 500 fell 30.15...

Jobs Report Sparks Shaky Day
Jobs Report
Sparks Shaky Day
markets
Oct 8, 2021 4:00 PM CDT

Jobs Report Sparks Shaky Day

Disappointing September total raises questions about Fed's moves

(Newser) - Wall Street capped a wobbly day of trading with a broad slide for stocks Friday, after a weak jobs report raised questions about the Federal Reserve's timeline to pare back its immense support for markets. The S&P 500 fell 0.2% after wavering between small gains and losses...

Investors Embrace Debt Ceiling Deal
Tech Stocks,
Debt Deal 
Provide a Lift
markets
Oct 7, 2021 4:35 PM CDT

Tech Stocks, Debt Deal Provide a Lift

Investors welcome agreement in Congress

(Newser) - Technology companies helped lift stocks on Wall Street broadly higher Thursday as investors welcomed the end of a standoff in Congress over extending the federal debt ceiling. An agreement to temporarily extend the government's borrowing authority into December gives lawmakers more time to reach a permanent solution, averting for...

Markets Edge Up After McConnell Offers Debt Deal
Energy Prices Retreat,
Easing Inflation Fears
MARKETS
Oct 6, 2021 4:20 PM CDT

Energy Prices Retreat, Easing Inflation Fears

Natural gas dived 9.7%

(Newser) - Stocks closed slightly higher on Wall Street Wednesday as investors shook off a bout of volatility after nearly a week of high volatility. Major indexes recovered from early losses after Senator Mitch McConnell offered Democrats a short-term extension of the debt ceiling , relieving some of the uncertainty over a possible...

Facebook, Other Tech Stocks Rebound After Monday Slump

Energy prices are still rising

(Newser) - Stocks closed with solid gains on Wall Street Tuesday, erasing most of the previous day’s losses. The S&P 500 rose 1.1%, with technology companies and banks leading the gains. The yield on the 10-year Treasury note rose to 1.53%. The Institute for Supply Management released an...

Oil Prices Hit Highest Level Since 2014
Oil Prices Hit
Highest Level
Since 2014
MARKETS
Oct 4, 2021 4:16 PM CDT

Oil Prices Hit Highest Level Since 2014

Energy stocks rose as tech stocks dropped

(Newser) - Technology companies led a broad slide for stocks Monday, as the market lost more ground following its worst week since winter. The selling came amid more signs of rising inflation for the US economy. The price of oil hit a seven-year high as OPEC and allied oil producers stuck with...

Hopeful COVID News Gives a Jolt to Markets
Hopeful COVID News
Gives a Jolt to Markets
MARKETS
Oct 1, 2021 3:05 PM CDT

Hopeful COVID News Gives a Jolt to Markets

Dow rises nearly 500 points after Merck's announcement about a potential pill

(Newser) - October began on Wall Street much better than September ended . The Dow posted a strong gain of 482 points, or 1.4%, to 34,326; the S&P 500 rose 49 points, or 1.1%, to 4,357; and the Nasdaq rose 118 points, or 0.8%, to 14,566....

Ugly Day Ends Lousy Month
Ugly Day Ends Lousy Month
MARKETS
Sep 30, 2021 3:16 PM CDT

Ugly Day Ends Lousy Month

S&P wraps up its worth month since 2020

(Newser) - The best thing investors can say about September is that it's over. The stock market had another bad day to close out a rough month. But in the bigger picture, the entire quarter wasn't so bad. Details:
  • The Dow fell 546 points Thursday, or 1.5%, to 33,
...

Markets Regroup After Tuesday Sell-Off
Dollar Tree Was Among
Day's Biggest Winners
MARKETS
Sep 29, 2021 4:01 PM CDT

Dollar Tree Was Among Day's Biggest Winners

Markets regroup after Tuesday sell-off

(Newser) - Stocks ended a wobbly day with mixed results on Wall Street Wednesday as the market regrouped following a sharp drop a day earlier. The S&P 500 and the Dow Jones Industrial Average held on to modest gains, but the Nasdaq gave back 0.2%. Treasury yields stabilized, a welcome...

S&amp;P 500 Just Had Its Biggest Drop Since May
S&P 500 Just Had Its
Biggest Drop Since May
MARKETS
Sep 28, 2021 3:57 PM CDT

S&P 500 Just Had Its Biggest Drop Since May

Nasdaq drops 2.8% amid tech sell-off

(Newser) - Technology companies led a broad slide in stocks on Wall Street Tuesday as investors reacted to a surge in US government bond yields. The benchmark S&P 500 index had its worst drop since May, and the tech-heavy Nasdaq had its worst drop since March. The main action was again...

Big Tech Stocks Drop as Banks, Energy Firms Rise

Dow Jones edged up 71 points

(Newser) - Stocks wound up a mixed bag on Wall Street Monday as losses for several Big Tech companies checked gains elsewhere in the market. Microsoft fell 1.7% and Apple gave back 1.1%. The yield on the 10-year Treasury note rose to 1.49%, its highest level since late June....

Nike, Crypto Drop, Capping Volatile Week
Nike, Crypto Drop,
Capping Volatile Week
MARKETS
Sep 24, 2021 3:10 PM CDT

Nike, Crypto Drop, Capping Volatile Week

Dow rises 33

(Newser) - It was an anticlimactic finish to a wild week on Wall Street. After big losses early in the week followed by big gains later, the major indexes were relatively muted on Friday. The Dow rose 33 points to 34,798, the S&P rose 4 points to 4,455, and...

Closely Watched Deadline in China Passes in Silence

Investors in limbo as Evergrande does not make payment

(Newser) - The world's financial markets waited anxiously all day Thursday to see what the teetering Chinese behemoth Evergrande would do as a big bond payment came due. Aaaand ... crickets. The real estate conglomerate on the brink of default made no public statements, and, more crucially, apparently did not make the...

Big Day Just Erased Week&#39;s Dismal Start
Big Day Just Erased
Week's Dismal Start
MARKETS
Sep 23, 2021 3:08 PM CDT

Big Day Just Erased Week's Dismal Start

Dow rises more than 500 points

(Newser) - What began as a miserable week on Wall Street is suddenly looking more upbeat. In fact, a big rally on Thursday pushed major indexes back into positive territory for the week, reports CNBC . The Dow rose 506 points, or 1.4%, to 34,764; the S&P 500 rose 53...

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