stock market – News Stories About stock market - Page 57

Massive Tech Profits
Lift S&P 500 to New High

MARKETS

Aug 26, 2020 3:58 PM CDT

Massive Tech Profits Lift S&P 500 to New High

Index rose despite falls in many sectors

(Newser) - More blowout profit reports from big tech companies pushed the S&P 500 to another record high on Wednesday. The benchmark index rose 1%, even though most of the stocks within it fell. Tech stocks accounted for the lion’s share of the gains. The S&P 500 gained 35....

S&P 500 Hits
Another Record High

MARKETS

Aug 25, 2020 4:39 PM CDT

S&P 500 Hits Another Record High

But Dow was down after mixed day for markets

(Newser) - Stocks were mixed on Wall Street Tuesday, but gains were strong enough for tech companies and other pockets of the market to carry the S&P 500 to its fourth straight gain and another record high. The benchmark index rose 12.34, or 0.4%, to 3,443.62, even...

Dow Jones Is Removing
Its Oldest Member

Aug 25, 2020 2:21 PM CDT

Dow Jones Is Removing Its Oldest Member

Exxon Mobil is among 3 leaving in shake-up

(Newser) - Three companies are departing the Dow Jones Industrial Average—including Exxon Mobil, currently the oldest member of the influential 30-company stock index. The oil giant, which joined the index in 1928 as Standard Oil, will be leaving along with Pfizer and Raytheon in the Dow's biggest shake-up since 2013,...

Markets Rally Amid
COVID Treatment Hopes

MARKETS

Aug 24, 2020 3:50 PM CDT

Markets Rally Amid COVID Treatment Hopes

S&P 500 adds to all-time high

(Newser) - Stocks plowed higher on Wall Street Monday, as hopes for a COVID-19 treatment and vaccine had investors looking ahead to the possibility of a healthier economy. The S&P 500 rallied 34.12, or 1%, to 3,431.28 and added to the all-time high it set last week, when...

Market Jumps Late After Home Sales Record

Home Sales Give
Market a Late Jolt

MARKETS

Aug 21, 2020 3:03 PM CDT

Home Sales Give Market a Late Jolt

Sales of existing homes rose a record 24.7% in July

(Newser) - The stock market finished the week in strong fashion thanks to robust economic numbers that came out in the afternoon, reports CNBC . Sales of existing homes rose a record 24.7% in July from the previous month, and the average sale price rose to a record $304,100. Low interest...

Tech Stocks
Give Market a Lift

Aug 20, 2020 3:04 PM CDT

Tech Stocks Give Market a Lift

Dow sees a modest gain, while Nasdaq is up more than 1%

(Newser) - Tech stocks again carried the day on Wall Street, even in the face of disappointing news on jobless claims . For the day, the Dow rose 46 points to 27,739, the S&P 500 ticked up 10 points to 3,385, and the tech-heavy Nasdaq rose 118 points, more than...

Stocks Drop After
Fed Releases Minutes
From Policy Meeting

MARKETS

Aug 19, 2020 4:04 PM CDT

Stocks Drop After Fed Releases Minutes From Policy Meeting

S&P 500 falls back from all-time high

(Newser) - Stocks turned lower in late trading on Wall Street Wednesday, handing the S&P 500 a loss a day after it closed at a record high. The benchmark index fell 14.93 points, or 0.4%, to 3,374.85, a day after it wiped out the last of its...

S&P 500 Closes
at All-Time High

MARKETS

Aug 18, 2020 3:26 PM CDT

S&P 500 Closes at All-Time High

Bear market was quickest on record

(Newser) - Wall Street clawed back the last of the historic, frenzied losses unleashed by the coronavirus, as the S&P 500 closed at an all-time high Tuesday. The day’s move was a relatively mild one, nudging the index up 7.79 points, or 0.2%, to 3,389.78. That...

S&P Just
4 Points Below
All-Time High

MARKETS

Aug 17, 2020 4:21 PM CDT

S&P Just 4 Points Below All-Time High

'It seems like a nothing day until you realize we’re sitting right on an all-time high'

(Newser) - Stocks closed with modest gains on Wall Street, leaving the S&P 500 just shy of its record high. The benchmark index climbed 0.3% Monday, leaving it just four points below its record high close of 3,386.15. That record was set on Feb. 19, before the coronavirus...

Market Remains in a 'Pause'

MARKETS

Aug 14, 2020 3:07 PM CDT

Market Remains in a 'Pause'

Dow is up, while S&P remains shy of record

(Newser) - Wall Street ended the week with a blah day, and listless trading left the S&P 500 just shy of its record once again. The S&P fell about half a point to 3,372, the Dow rose 34 points to 27,931, and the Nasdaq fell 23 points to...

S&P Briefly Reaches
Record Territory

MARKETS

Aug 13, 2020 3:10 PM CDT

S&P Briefly Reaches Record Territory

Index surpasses all-time high closing mark, but ends up lower at the closing bell

(Newser) - The stock market had a relatively flat day on Thursday, though the S&P 500 briefly rose above its all-time record closing before ending the day lower, reports the AP . The benchmark S&P fell 6 points to 3,373, the Dow fell 79 points to 27,896, and the...

S&P 500 Breaks
All-Time Closing High

MARKETS

Aug 12, 2020 4:05 PM CDT

S&P 500 Breaks All-Time Closing High

'Economic data is coming in much better than expected'

(Newser) - Stocks marched broadly higher on Wall Street Wednesday, briefly nudging the S&P 500 above its all-time closing high set in February, before the coronavirus pandemic led to a historic market plunge. The benchmark index notched a 1.4% gain, its eighth in nine days. It ended within 0.2%...

Wall Street Hits the Brakes

MARKETS

Aug 11, 2020 4:34 PM CDT

Wall Street Hits the Brakes

S&P 500's 7-day winning streak is over

(Newser) - Wall Street pumped the brakes on its recent rally Tuesday, as a late slide in big technology companies left stocks broadly lower, erasing an early gain. The reversal left the S&P 500 with a 0.8% loss after having been up 0.6% earlier. The decline in big-name technology...

Markets Start
Week With a Roar

MARKETS

Aug 10, 2020 3:49 PM CDT

Markets Start Week With a Roar

S&P 500 now within 1% of all-time high

(Newser) - Stocks closed mostly higher Monday, nudging the S&P 500 within striking distance of its all-time high set in February. The S&P 500 rose 0.3% after wavering between small gains and losses in the early going. The benchmark index is now within 1% of its February record high....

A Winning Streak
on Wall Street Survives

MARKETS

Aug 7, 2020 3:10 PM CDT

A Winning Streak on Wall Street Survives

S&P squeaks out a gain for the 6th straight day

(Newser) - The S&P 500 now has a six-day winning streak going, barely. The benchmark index rose all of 2 points Friday to 3,351, while the Dow gained 47 points to 27,433, and the Nasdaq fell 97 points to 11,010. The mixed day came after the July jobs...

Jobs News Gives
the Market a Lift

MARKETS

Aug 6, 2020 3:08 PM CDT

Jobs News Gives the Market a Lift

Dow rises 185

(Newser) - A new report on jobless claims Thursday showed that a staggering 1.2 million people applied for benefits last week. But in the age of the coronavirus, that actually qualifies as decent news because the figure is down from 1.4 million the previous week, notes the AP . Largely because...

Stocks Tread Water as
Congress Discusses Relief

MARKETS

Aug 4, 2020 3:46 PM CDT

Stocks Tread Water as Congress Discusses Relief

Earnings reports were a very mixed bag

(Newser) - Stocks ended another bumpy day on Wall Street with modest gains. The benchmark S&P 500 index climbed 0.4% Tuesday after being down as much as 0.3% earlier in the day. A mixed batch of corporate earnings news and scant progress in Congress on a new package of...

S&P 500 Is
Closing in
on Record

MARKETS

Aug 3, 2020 3:54 PM CDT

S&P 500 Is Closing in on Record

Dow up 236 points

(Newser) - Stocks closed broadly higher on Wall Street and around the world Monday following several encouraging reports on the economy. The S&P 500 added another 0.7% onto its four-month winning streak. The benchmark index is now back within 3% of the record high it set in February. Big Tech...

Late Rally Lifts
Wall Street to Gains

MARKETS

Jul 31, 2020 3:24 PM CDT

Late Rally Lifts Wall Street to Gains

Dow rises 114, and Big Tech has strong day

(Newser) - Wall Street wrapped up its fourth straight winning month on Friday thanks to a late rally, the AP reports. The Dow, which struggled much of the day, rose 114 points to 26,428, the S&P 500 rose 24 points to 3,271, and the tech-dominated Nasdaq rose 157 points...

Harsh Reality of GDP
Weighs Down Stocks

MARKETS

Jul 30, 2020 3:10 PM CDT

Harsh Reality of GDP Weighs Down Stocks

Dow falls 225

(Newser) - On a day when the latest GDP report registered an astonishing 33% drop in the second quarter, you can't expect the stock market to do anything but drop, too. And that's mostly what happened: The Dow fell 225 points to 26,313 and the S&P 500 fell...