Dow Jones

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ExxonMobil Drops After Announcing Huge Merger
ExxonMobil Drops After
Announcing Huge Merger
MARKETS
Oct 11, 2023 3:42 PM CDT

ExxonMobil Drops After Announcing Huge Merger

Pioneer Natural Resources deal is company's biggest buyout since Mobil

(Newser) - Stocks edged higher in wobbly trading Wednesday as yields were mixed in the bond market, which has been Wall Street's main driver recently.
  • The S&P 500 rose 18.71 points, or 0.4%, to 4,376.95.
  • The Dow Jones Industrial Average rose 65.57 points, or 0.
...

Stocks Rise as Pressure From Bond Market Eases
PepsiCo Rises After
Profits Surprise Analysts
MARKETS
Oct 10, 2023 3:33 PM CDT

PepsiCo Rises After Profits Surprise Analysts

Defense stocks give back some of their gains

(Newser) - Stocks closed higher Tuesday as pressure relaxed on Wall Street from the bond market.
  • The S&P 500 rose 22.58 points, or 0.5%, to 4,358.24.
  • The Dow Jones Industrial Average rose 134.65 points, or 0.4%, to 33,739.30.
  • The Nasdaq composite rose 78.
...

Oil, Defense Stocks Climb
Oil, Defense Stocks Climb
MARKETS
Oct 9, 2023 4:00 PM CDT

Oil, Defense Stocks Climb

Fed officials suggest interest rates won't go up at next meeting

(Newser) - Oil prices climbed with worries about the possible spillover effects of violence in the Middle East. The stock market was less fearful, though, and flipped from modest morning losses following potentially encouraging news on interest rates, which have been dragging Wall Street mainly lower since the summer.
  • The S&P
...

After Thinking About Jobs News, Wall Street Climbs

Stocks fell after report's release, then headed up

(Newser) - Wall Street rallied in a whipsaw Friday and erased its morning losses after looking deeper into the nuances of a surprisingly strong report on the US job market . The S&P 500 climbed 1.2% after charging back from an earlier drop of 0.9%; the Dow Jones rose 288...

Oil Drops by $5 a Barrel, Easing Inflation Pressure

Markets close higher after reports suggest economy is cooling

(Newser) - Wall Street closed higher Wednesday as the bond market loosened its vise on the stock market.
  • The S&P 500 rose 34.30 points, or 0.8%, to 4,263.75, coming off a 1.4% tumble that sent it to its lowest level in four months.
  • The Dow Jones
...

Sharp Drop Wipes Out Dow&#39;s Gain for the Year
Surprisingly Strong
Jobs Report Shakes Markets
MARKETS
Oct 3, 2023 3:37 PM CDT

Surprisingly Strong Jobs Report Shakes Markets

Sharp drop wipes out Dow's gain for the year

(Newser) - Wall Street tumbled Tuesday as it focused on the downside of a surprisingly strong job market.
  • The S&P 500 fell 58.94 points, or 1.4%, to 4,229.45.
  • The Dow Jones Industrial Average fell 430.97 points, or 1.3%, to 33,002.38 and wiped out
...

Utilities, Energy Stocks Slump
Utilities Drop Sharply as
Treasury Yields Rise
MARKETS
Oct 2, 2023 3:46 PM CDT

Utilities Drop Sharply as Treasury Yields Rise

Energy stocks dropped, as did oil prices

(Newser) - Most stocks closed lower Monday as the constrictor of higher interest rates tightens its coils around Wall Street. The S&P 500 ended little changed, while the Dow Jones Industrial Average fell 74 points, and the Nasdaq composite rose 0.7%. Slumps for oil-and-gas stocks weighed on the market after...

Rising Oil Prices, Bond Yields Add to Pressure on Stocks
Surging Bond Yields
Add to Pressure on Stocks
MARKETS
Sep 27, 2023 3:46 PM CDT

Surging Bond Yields Add to Pressure on Stocks

Spurt in crude prices boosts energy stocks

(Newser) - Wall Street yo-yoed to a mixed finish Wednesday as rising oil prices and bond yields cranked up the pressure even higher on the stock market.
  • The S&P 500 rose 0.98 points, or less than 0.1%, to 4,274.51.
  • The Dow Jones Industrial Average fell 68.61
...

Amazon Drops 4% After Huge Antitrust Lawsuit Filed

Stocks drop to lowest level since June

(Newser) - Wall Street's ugly September got even worse Tuesday, as a sharp drop for stocks brought them back to where they were in June.
  • The S&P 500 tumbled 63.91 points, or 1.5%, to 4,273.53 for its fifth loss in the last six days.
  • The Dow
...

Oil-Related Stocks Rise as Markets Claw Back Losses

But Monday was a bad day for travel stocks

(Newser) - Wall Street clawed back some of its steep losses from last week, but September is still on track to be its worst month of the year despite Monday's gains.
  • The S&P 500 rose 17.38, or 0.4%, to 4,337.44, coming off its worst week in
...

Stocks Slump After Fed&#39;s Latest Projections
Stocks Drop as Fed's
Latest Projections Sink In
MARKETS
Sep 20, 2023 3:35 PM CDT

Stocks Drop as Fed's Latest Projections Sink In

Rates may only go down by half a point next year

(Newser) - US stocks slumped after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. The S&P 500 fell 41.75 points, or 0.9%, to 4,402.20. The Dow Jones Industrial...

Instacart Makes Market Debut
Instacart Makes Market Debut
MARKETS
Sep 19, 2023 3:37 PM CDT

Instacart Makes Market Debut

Its shares rose 12.3% as wider market slipped

(Newser) - Stocks slipped as Wall Street waits for the Federal Reserve's latest decision on interest rates. The S&P 500 fell 9.58 points, or 0.2%, to 4,443.95 Tuesday. The Dow Jones Industrial Average fell 106.57 points, or 0.3%, to 34,517.73. The Nasdaq...

Ford, GM Stock Drops as Strike Continues
Strike Hits Ford, GM Stock
MARKETS
Sep 18, 2023 3:50 PM CDT

Strike Hits Ford, GM Stock

Rise in oil lifts energy producers

(Newser) - US stocks drifted in quiet trading Monday, as Wall Street made few big moves overall in advance of the Federal Reserve's next meeting on interest rates. The S&P 500 edged up by 3.21 points, or 0.1%, to 4,453.53, coming off its second straight losing week....

Wall Street Churns After Inflation Data Arrives
Wall Street Churns After
Inflation Data Arrives
MARKETS
Sep 13, 2023 3:50 PM CDT

Wall Street Churns After Inflation Data Arrives

Rate was only slightly higher than expected

(Newser) - Stocks churned to a mixed close on Wall Street after a highly anticipated report showed inflation accelerated across the country last month, but not by much more than expected. The S&P 500 rose 5.54 points, or 0.1%, to 4,467.44. The Dow Jones Industrial Average fell...

Oracle Tumbles 14% Despite Strong Profits
Oracle Tumbles 14%
Despite Strong Profits
MARKETS
Sep 12, 2023 3:51 PM CDT

Oracle Tumbles 14% Despite Strong Profits

Revenue forecast was below expectations

(Newser) - Stocks drifted to a lower close Tuesday as Wall Street waited for highly anticipated reports later this week about inflation and the economy. The S&P 500 fell 25.56 points, or 0.6%, to 4,461.90. The Dow Jones Industrial Average slipped 17.73 points, or 0.1%,...

Big Rally for Big Tech Lifts Markets
Tesla Jumps 10.1% as
Tech Stocks Lift Markets
MARKETS
Sep 11, 2023 3:59 PM CDT

Tesla Jumps 10.1% as Tech Stocks Lift Markets

Wall Street claws back around half its losses from last week

(Newser) - A rally for Big Tech stocks on Monday helped Wall Street claw back about half its loss from last week. The S&P 500 rose 29.97, or 0.7%, to 4,487.46, coming off its first losing week in the last three. The Dow Jones Industrial Average gained...

Roku Rises After Announcing Job Cuts
Roku Rises After
Announcing Job Cuts
MARKETS
Sep 6, 2023 3:50 PM CDT

Roku Rises After Announcing Job Cuts

But major indexes dropped for a 2nd day

(Newser) - Stocks fell on Wall Street, continuing a weak stretch on this holiday-shortened week. The S&P 500 fell 31.35 points, or 0.7%, to 4,465.48. The Dow Jones Industrial Average fell 198.78 points, or 0.6%, to 34,443.19. The Nasdaq composite fell 148.48...

Oil Prices Rise After Russia, Saudis Extend Production Cut

Indexes closed lower after 2 weeks of gains

(Newser) - Stocks closed lower on Wall Street Tuesday as traders returned from a long holiday weekend. The S&P 500 fell 18.94 points, or 0.4%, to 4,496.83. The index is coming off its second weekly gain. The Dow Jones Industrial Average fell 195.74 points, or 0....

Stocks Rise Amid Signs Hiring Is Cooling
'Right Now,
What's Bad
Is Good'
MARKETS
Aug 30, 2023 3:35 PM CDT

'Right Now, What's Bad Is Good'

Stocks edge upward amid signs hiring is cooling

(Newser) - Stocks closed modestly higher on Wall Street, chipping away at the market's losses for August. Treasury yields fell Wednesday after some weaker-than expected readings on the US economy and job market. The S&P 500 rose 17.24 points, or 0.4%, to 4,514.87 for its fourth...

Stocks Rise After Reports Suggest Economy Is Cooling
Wall Street Welcomes
Signs Economy Is Cooling
MARKETS
Aug 29, 2023 3:34 PM CDT

Wall Street Welcomes Signs Economy Is Cooling

S&P 500 just had its best day since early June

(Newser) - Stocks closed higher on Wall Street Tuesday as two economic reports suggested the economy is cooling enough for the Federal Reserve to pause hiking interest rates. The S&P 500 rose 64.32 points, or 1.5%, to 4,497.63, its biggest gain since early June. The Dow Jones...

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