stock market

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Stocks Finish Mixed After Fed Chief&#39;s Remarks
CVS, Starbucks Drop Sharply
MARKETS
May 1, 2024 3:41 PM CDT

CVS, Starbucks Drop Sharply

Indexes finished mixed after Fed chief's remarks

(Newser) - US stocks finished mixed Wednesday after the head of the Federal Reserve said the cuts to interest rates that Wall Street craves so much are still likely, even if they're delayed because of stubbornly high inflation.
  • The S&P 500 fell 17.30 points, or 0.3%, to 5,
...

Wall Street Closes Out Worst Month Since September

Ugly April ends with more losses

(Newser) - US stocks closed out their ugly April with even more losses on Tuesday, cementing the market's worst month since September.
  • The S&P 500 S&P 500 fell 80.48 points, or 1.6%, to 5,035.69, pulling it further from its record set at the end of
...

Tesla Stock Jumps 15.3% After Musk&#39;s China Trip
Tesla Jumps 15.3%
MARKETS
Apr 29, 2024 3:38 PM CDT

Tesla Jumps 15.3%

Insiders say China has granted approval for launch of company's 'Full Self-Driving' tech

(Newser) - Stocks edged higher Monday as Wall Street readies for a week packed with potentially market-moving news.
  • The S&P 500 rose 16.21 points, or 0.3%, to 5,116.17.
  • The Dow Jones Industrial Average climbed 146.43 points, or 0.4%, to 38,386.09.
  • The Nasdaq composite
...

Microsoft, Alphabet Lift Stocks to Best Week Since November

Profit reports encourage traders

(Newser) - The best week for US stocks since November closed out with more gains thanks to Alphabet and Microsoft on Friday, per the AP :
  • The Dow Jones Industrial Average rose 153.86 points, or 0.4%, to 38,239.66, closing its first winning week in the past four.
  • The S&
...

Dow Has a Rough Day Thanks to GDP, Meta
Dow Has a Rough Day
Thanks to GDP, Meta
MARKETS
Apr 25, 2024 3:12 PM CDT

Dow Has a Rough Day Thanks to GDP, Meta

Index drops 375 points

(Newser) - US stocks fell sharply Thursday on worries about a toxic cocktail for financial markets, one where inflation remains stubbornly high but the economy's growth flags, per the AP . A drop for Facebook parent Meta Platforms, one of Wall Street's most influential stocks, also dragged the market lower.
  • The
...

Tesla Surges 12.1% Despite Drop in Profits
Tesla Stock Surges
Despite Drop in Profits
MARKETS
Apr 24, 2024 3:48 PM CDT

Tesla Stock Surges Despite Drop in Profits

Other winners included Hasbro, Boston Scientific

(Newser) - US stocks drifted to a mixed finish on Wednesday.
  • The S&P 500 rose 1.08 points, or less than 0.1%, to 5,071.63.
  • The Dow Jones Industrial Average fell 42.77 points, or 0.1%, to 38,460.92.
  • The Nasdaq composite rose 16.11 points, or
...

Stocks Rally as Earnings Reports Flood In
Stocks Rally as
Earnings Reports Flood In
MARKETS
Apr 23, 2024 3:36 PM CDT

Stocks Rally as Earnings Reports Flood In

GE Aerospace was among the winners

(Newser) - Stocks rallied for a second straight day on Wall Street Tuesday, softening what's been a rough April.
  • The S&P 500 rose 59.95 points, or 1.2%, to 5,070.55 to pull further out of the hole created by a six-day losing streak.
  • The Dow Jones Industrial
...

Stocks Claw Back Some of Last Week&#39;s Losses
Stocks Claw Back Some
of Last Week's Losses
MARKETS
Apr 22, 2024 3:42 PM CDT

Stocks Claw Back Some of Last Week's Losses

There's a big week of earnings reports ahead

(Newser) - On Monday, US stocks clawed back some of their losses from last week.
  • The S&P 500 rose 43.37 points, or 0.9%, to 5,010.60, to recover more than a quarter of last week's rout.
  • The Dow Jones Industrial Average rose 253.58 points, or 0.
...

Tech Stocks Drop, Leading to a Losing Week
Tech Stocks Drop,
Leading to a Losing Week
markets
Apr 19, 2024 3:35 PM CDT

Tech Stocks Drop, Leading to a Losing Week

Traders face a letdown after hoping for interest rate cuts

(Newser) - The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street on Friday across the finish line of another losing week.
  • The S&P 500 fell 43.89 points, or 0.9%, to 4,967.23, ending its third straight down week.
  • The Dow rose
...

S&amp;P 500 Logs 5th Straight Losing Day
S&P 500 Logs 5th
Straight Losing Day
MARKETS
Apr 18, 2024 3:20 PM CDT

S&P 500 Logs 5th Straight Losing Day

Thursday's losses, however, were small

(Newser) - The once-hot stock market mostly failed to shake off its slump on Thursday, with the benchmark S&P 500 registering its fifth consecutive losing day. However, the loss was a minor one:
  • The S&P slipped 11 points, or 0.2%, to 5,011.
  • The Dow gained 22 points, or
...

Tech Stocks Slump as United Airlines, Trump Media Soar

Nvidia fell 3.9%

(Newser) - Sinking technology stocks sent Wall Street lower again on Wednesday and the S&P 500 fell to its fourth straight loss.
  • The S&P 500 dipped 29.20 points, or 0.6%, to 5,022.21 for its longest losing streak since early January.
  • The Dow Jones Industrial Average slipped
...

Stocks Slip After Remarks From Fed Officials
Trump Media Slides
Another 14.2%
MARKETS
Apr 16, 2024 3:42 PM CDT

Trump Media Slides Another 14.2%

Announcement of Truth Social streaming service didn't help stock

(Newser) - Most US stocks slipped Tuesday as Treasury yields climbed again on rising expectations that interest rates may stay high for a while.
  • The S&P 500 fell 10.41 points, or 0.2%, to 5,051.41.
  • The Dow Jones Industrial Average rose 63.86 points, or 0.2%, to
...

Stocks Start the Week With More Losses
Stocks Slump After
Latest Report on Economy
MARKETS
Apr 15, 2024 3:41 PM CDT

Stocks Slump After Latest Report on Economy

Shoppers increased spending last month by a lot more than expected

(Newser) - Stocks slumped Monday after higher yields in the bond market cranked up the pressure on Wall Street. Stocks had been up earlier in the day, rising as oil prices eased, the AP reports. But Treasury yields also spurted higher following the latest report on the US economy to blow past...

Stocks Fall as Mideast Heats Up
Stocks Fall as Mideast Heats Up
markets
Apr 12, 2024 3:50 PM CDT

Stocks Fall as Mideast Heats Up

JPMorgan Chase drops 6.5% despite profit report

(Newser) - US stocks tumbled Friday following a mixed start to earnings reporting season. Worries about potentially escalating tensions in the Middle East rattled financial markets, pushing investors to look for safer places for their money, per the AP .
  • The S&P 500 fell 75.65 points, or 1.5%, to 5,
...

Big Tech Helps Wall Street Rebound From Losses
Big Tech Helps Wall Street
Rebound From Losses
MARKETS
Apr 11, 2024 3:35 PM CDT

Big Tech Helps Wall Street Rebound From Losses

S&P 500 and Nasdaq post solid gains

(Newser) - Jumps for Big Tech stocks helped US stock indexes claw back some losses from the day before, when worries that interest rates may stay high for a while rocked Wall Street, per the AP .
  • The benchmark S&P 500 rose 38 points, or 0.7%, to 5,199.
  • The Dow
...

Stocks Drop Sharply After Inflation Report
Inflation Report Hit
Real Estate Stocks Hardest
MARKETS
Apr 10, 2024 3:45 PM CDT

Inflation Report Hit Real Estate Stocks Hardest

Chances of June rate cut are getting more remote

(Newser) - US stocks fell Wednesday on worries that what seemed like a blip in the battle to bring down inflation is turning into a trend.
  • The S&P 500 fell 49.27 points, or 0.9%, to 5,160.64.
  • The Dow Jones Industrial Average fell 422.16 points, or 1.
...

Wall Street Awaits Major Inflation Update
Traders Await
Major Inflation Update
MARKETS
Apr 9, 2024 3:37 PM CDT

Traders Await Major Inflation Update

Cannabis company Tilray Brands fell more than 20%

(Newser) - Stocks meandered to a mixed close on Wall Street Tuesday as traders made their final moves before several potentially market-moving reports later in the week.
  • The S&P 500 edged up by 7.52 points, or 0.1%, to 5,209.91.
  • The Dow Jones Industrial Average slipped 9.13
...

Stocks Start the Week by Holding Steady
Stocks Start the Week
by Holding Steady
MARKETS
Apr 8, 2024 3:27 PM CDT

Stocks Start the Week by Holding Steady

It was a mixed close after last week's roller-coaster ride

(Newser) - Stocks drifted to a mixed close after last week's roller-coaster ride left them shy of their records. The S&P 500, the Dow Jones Industrial Average, and the Nasdaq composite all ended little changed. The focus on Wall Street has been on interest rates and when the Federal Reserve...

Stock Climb After Jobs Report
Stocks Climb After Jobs Report
markets
Apr 5, 2024 3:54 PM CDT

Stocks Climb After Jobs Report

Broad gains mark strong finish to an off week

(Newser) - Stocks ended solidly higher and bond yields rose Friday as Wall Street welcomed a surprisingly strong US jobs report, per the AP .
  • The S&P 500 rose 57.13 points, or 1.1%, to 5,204.34. It closed the week down 50.01 points, or 1%.
  • The Dow rose
...

Dow Sinks After Fed Official's Surprise Comments

Minneapolis official suggested the central bank might not cut rates at all

(Newser) - US stocks slammed into reverse on Thursday after a Federal Reserve official said it may deliver none of the cuts to interest rates this year that Wall Street has been banking on if inflation worsens, per the AP .
  • The Dow fell 530 points, or 1.3%, to 38,596.
  • The
...

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