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Nvidia Rebound Props Up Wall Street
Nvidia Rebound
Props Up Wall Street
MARKETS
Jun 25, 2024 3:33 PM CDT

Nvidia Rebound Props Up Wall Street

It jumped 6.8% while most other stocks fell

(Newser) - A rebound for Nvidia propped up a weakened Wall Street on Tuesday and kept US stock indexes close to their records.
  • The S&P 500 rose 21.43 points, or 0.4%, to 5,469.30 and neared its all-time high set a week earlier.
  • The Dow Jones Industrial Average,
...

Another Nvidia Drop Drags Indexes Down
Nvidia Was Heaviest
Weight on S&P 500
MARKETS
Jun 24, 2024 3:52 PM CDT

Nvidia Was Heaviest Weight on S&P 500

6.7% drop for company dragged index down, though most stocks rose

(Newser) - Another slide for Wall Street heavyweight Nvidia kept US indexes mixed on Monday, even as the majority of stocks rallied.
  • The S&P 500 slipped 16.75 points, or 0.3%, to 5,447.87
  • The Dow Jones Industrial Average rose 260.88 points, or 0.7%, to 39,411.
...

Nvidia Slows but Doesn't Stop Another Winning Week

(Newser) - US stocks coasted to the close of their latest winning week on Friday, as Nvidia continued to cool from its startling, supernova run.
  • The Dow edged up 15 points, or less than 0.1%, to 39,150.
  • The S&P 500 slipped 8.55 points to 5,464, down 0.
...

Stock Market Notches a Milestone, Then Retreats
Stock Market Notches
a Milestone, Then Retreats
MARKETS
Jun 20, 2024 3:27 PM CDT

Stock Market Notches a Milestone, Then Retreats

S&P 500 hits 5,500 for the first time, before falling back

(Newser) - The Dow had a decent day on Thursday, but the benchmark S&P 500 fell back from a record high:
  • The Dow rose 299 points, or 0.7%, to 39,134.
  • The S&P 500 fell 13 points, or 0.2%, to 5,473. However, the index reached 5,500
...

Nvidia Is Now Wall Street's Most Valuable Company

It topped Microsoft with 3.5% gain Tuesday

(Newser) - US stocks edged up to more records Tuesday following the latest signal that the economy's growth may be slowing without cratering, while Nvidia continued its rocket ride upward to become Wall Street's most valuable company.
  • The S&P 500 rose 13.80 points, or 0.3%, to 5,
...

Big Tech Lifts Wall Street to More Records
Tech Companies Lift
Wall Street to New Records
MARKETS
Jun 17, 2024 3:44 PM CDT

Tech Companies Lift Wall Street to New Records

GameStop falls 12.1% after shareholder meeting

(Newser) - US stocks rallied to more records Monday as gains for technology companies continued to push the market higher.
  • The S&P 500 rose 41.63 points, or 0.8%, to 5,473.23 , beating the all-time high it set on Thursday.
  • The Dow Jones Industrial Average rose 188.94 points,
...

Stocks Avoid Europe&#39;s Slump
Stocks Avoid
Europe's Slump
markets
Jun 14, 2024 3:35 PM CDT

Stocks Avoid Europe's Slump

Cruise lines drop over pricing trends

(Newser) - US stocks hung around their record levels on Friday as Wall Street remained relatively quiet following another slide in Europe.
  • The Dow fell 57.94 points, or 0.1%, to 38,589.16.
  • The S&P 500 fell 2.14 points, or less than 0.1%, to 5,431.60.
...

Tesla Rises as S&amp;P 500 Adds to Its Record High
Tesla Rises as S&P 500
Adds to Its Record High
MARKETS
Jun 13, 2024 3:48 PM CDT

Tesla Rises as S&P 500 Adds to Its Record High

Benchmark index ticks up, even as Dow declines a bit

(Newser) - Most US stocks slipped Thursday, but hopes for coming cuts to interest rates and Wall Street's continued frenzy around artificial-intelligence technology nudged indexes to more records.
  • The benchmark S&P 500 rose 12 points, or 0.2%, to another record close of 5,433.
  • The Dow fell 65 points,
...

Inflation Report, Fed Remarks Send Stocks to Record Highs

Oracle jumps 13.3%

(Newser) - US stocks closed higher Wednesday following a surprisingly encouraging update on inflation . The S&P 500 closed at another record high after the Federal Reserve said that it still sees a cut to interest rates as likely this year.
  • The S&P 500 rose 45.71 points, or 0.9%,
...

Inflation Finally Cools— Just in Time for Fed Decision

Markets are happy just hours before central bank decides on rates

(Newser) - Wednesday will be another big day on Wall Street, as investors await a decision by the Federal Reserve on interest rates. Some key factors at play:
  • Inflation eases: Hours before the decision, a new report showed that inflation slowed in May, reports the New York Times . The Consumer Price Index
...

Apple Lifts S&amp;P 500 to Record High
Apple Lifts S&P 500
to Record High
MARKETS
Jun 11, 2024 3:31 PM CDT

Apple Lifts S&P 500 to Record High

Company jumps 7.3% after highlighting push into AI

(Newser) - Stocks drifted to a mixed close overall on Wall Street, but the S&P 500 and Nasdaq composite still managed to notch more record highs. A big gain in Apple helped push both indexes higher Tuesday. The company jumped 7.3% after highlighting its push into artificial intelligence .
  • The S&
...

S&amp;P 500, Nasdaq Edge Up to New Highs
S&P 500, Nasdaq
Edge Up to New Highs
MARKETS
Jun 10, 2024 3:32 PM CDT

S&P 500, Nasdaq Edge Up to New Highs

Southwest Airlines jumps 7%

(Newser) - US stocks drifted to a slightly higher close Monday ahead of a week with several top-tier reports on inflation due, as well as the Federal Reserve's latest meeting on interest rates.
  • The S&P 500 rose 13.80 points, or 0.3%, to 5,360.79 , topping the record
...

Stocks Fall After Jobs Report
Stocks Fall After Jobs Report
markets
Jun 7, 2024 3:49 PM CDT

Stocks Fall After Jobs Report

GameStop shares plunge after announcements

(Newser) - Stocks slipped and Treasury yields rose sharply Friday after the government released a jobs report whose headline numbers came in hotter than expected. Overall, the report suggests markets may have to wait even longer for interest rate cuts from the Federal Reserve, per the AP :
  • The Dow fell 87.18
...

Big Lots Has a Rough Day as Consumers Cut Back
Big Lots Has a Rough Day
as Consumers Cut Back
MARKETS
Jun 6, 2024 3:21 PM CDT

Big Lots Has a Rough Day as Consumers Cut Back

Benchmark S&P 500 is little changed after closing at a record on Wednesday

(Newser) - US stocks cooled off on Thursday after Wednesday's record-setting day :
  • The Dow rose 78 points to 38,886.
  • The S&P 500 slipped a single point to 5,352.
  • The Nasdaq fell 14 points to 17,173.
  • Ahead: The week's big event will likely arrive on Friday, when
...

AI Frenzy Lifts Wall Street to Record Highs
Nvidia Is Now a $3T Company
MARKETS
Jun 5, 2024 3:43 PM CDT

Nvidia Is Now a $3T Company

It hits milestone as AI frenzy sends S&P 500, Nasdaq to record highs

(Newser) - Wall Street barreled to all-time highs Wednesday as its frenzy around artificial-intelligence technology keeps sending stocks higher.
  • The S&P 500 jumped 62.69 points, or 1.2%, to 5,354.03, beating its record set two weeks ago.
  • The Nasdaq composite rallied even more, it rose 330.86 points,
...

Stocks Hold Steady After Report on Cooling Job Market
Oil Stocks Drop
for a Second Day
MARKETS
Jun 4, 2024 3:57 PM CDT

Oil Stocks Drop for a Second Day

Worries about slowing economy have hit crude prices

(Newser) - US stocks held relatively steady on Tuesday after a report suggested the job market is cooling.
  • The S&P 500 rose 7.94 points, or 0.2%, to 5,291.34
  • The Dow Jones Industrial Average rose 140.26 points, or 0.4%, to 38,711.29.
  • The Nasdaq composite
...

Nvidia Lifts S&amp;P 500 to Small Gain
GameStop Soars 21.4%
MARKETS
Jun 3, 2024 3:36 PM CDT

GameStop Soars 21.4%

Nvidia lifts S&P 500 to small gain

(Newser) - Stocks ended mixed on Wall Street Monday following the latest signal showing the US economy is slowing.
  • The S&P 500 edged up by 5.89 points, or 0.1%, to 5,283.40, even though the majority of stocks within the index fell.
  • The Dow Jones Industrial Average dropped
...

Gap Helps Push Shares Up
Gap Helps Push Shares Up
markets
May 31, 2024 3:50 PM CDT

Gap Helps Push Shares Up

Latest inflation report meets expectations

(Newser) - Stocks ended mostly higher on Wall Street on Friday, closing out the market's latest winning month.
  • The Dow rose 574.84 points, or 1.5%, to 38,686.32.
  • The S&P rose 42.03 points, or 0.8%, to 5,277.51, ending its sixth winning month in
...

Influential Salesforce Drags Down Markets
Influential Salesforce
Drags Down Markets
MARKETS
May 30, 2024 3:15 PM CDT

Influential Salesforce Drags Down Markets

All the major indexes fall

(Newser) - The worst day for Salesforce's stock in nearly 20 years helped drag stock indexes lower on Thursday:
  • The Dow fell 330 points, or 0.9%, to 38,111.48.
  • The S&P 500 fell 31.47 points, or 0.6%, to close at 5,235.48.
  • The Nasdaq fell
...

Marathon Oil Jumps 8.4% After Merger Announcement

American Airlines led slump in airline stocks

(Newser) - US stocks closed lower Wednesday under the weight of higher yields in the bond market. The 10-year yield rose to 4.61% from 4.54% late Tuesday following an auction of $44 billion in seven-year Treasurys, the AP reports.
  • The S&P 500 dipped 39.09 points, or 0.7%,
...

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