Dow Jones

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Twitter Jumps 27.6% After Musk Buy DIsclosed
Twitter Jumps 27.6%
After Musk Buy Disclosed
MARKETS

Twitter Jumps 27.6% After Musk Buy Disclosed

Markets pleased with news Tesla CEO bought 9.2% stake in company

(Newser) - Stocks closed higher on Wall Street on Monday with help from big technology and communications stocks. Twitter soared 27.6% following a big investment in the company from Tesla’s Elon Musk. The gains in technology companies helped offset weakness in other parts of the market, the AP reports. The...

Stocks Drop as US Growth Fails to Meet Expectations

Ukraine peace prospects remain very uncertain

(Newser) - Stocks ended lower on Wall Street Wednesday, breaking a four-day winning streak but keeping major indexes in the green so far for the week. Energy stocks rose along with oil prices. The S&P 500 fell 29.15 points, or 0.6%, to 4,602.45. The Dow Jones Industrial...

Wall St. Makes Gains Amid Signs of Hope in Ukraine
Peace Talks Give
Markets a Boost
MARKETS

Peace Talks Give Markets a Boost

Benchmark oil price dives for a 2nd day

(Newser) - Wall Street built on its recent gains and closed higher Tuesday as talks on ending the war in Ukraine showed signs of progress. Energy stocks were lagging behind again as oil prices sank. Turkey’s foreign minister said Russian and Ukrainian negotiators have reached "a consensus and common understanding"...

Oil Prices Slump as Shanghai Lockdown Begins
Crude Oil Prices Plunge
as Shanghai Locks Down
MARKETS

Crude Oil Prices Plunge as Shanghai Locks Down

Tesla jumps 8% on stock split news

(Newser) - Stocks shook off a midday slump and closed higher on Wall Street, though energy companies ended in the red as crude oil prices fell sharply. Tesla jumped 8% after saying it would seek shareholder approval to do another stock split. US crude oil slumped 7% and Brent crude, the international...

Stocks Fall as Oil Jumps More Than 4%
Dow Drops 449 Points
as Oil Rises Sharply
MARKETS

Dow Drops 449 Points as Oil Rises Sharply

Brent crude was up nearly 5%

(Newser) - Stocks closed lower on Wall Street Wednesday, giving back nearly all of the gains they made a day earlier, as crude oil prices rose sharply again. Technology, health care, and financial stocks were among the biggest losers. Retailers and communications companies also lost ground. The S&P 500 fell 55....

Indexes Bounce Back From Monday&#39;s Drop
Tech, Banking Stocks
Send Indexes Higher
MARKETS

Tech, Banking Stocks Send Indexes Higher

Dow rose 254 points

(Newser) - Stocks closed higher on Wall Street Tuesday and oil prices eased as investors remained focused on the outlook for inflation. The indexes more than made up for a modest pullback for stocks to start the week, the AP reports. Energy stocks slipped as oil prices fell. The S&P 500...

Stocks Retreat From Some of Last Week&#39;s Gains
Boeing Stock Slides
After China Crash
MARKETS

Boeing Stock Slides After China Crash

(Newser) - Wall Street ended modestly lower Monday after giving up an early gain and bouncing around for much of the day. The indecisive trading came on the first trading day after the market posted its best week since November 2020 and as the chair of the Federal Reserve said the central...

Stocks, Bond Yields Rise Sharply After Fed Announcement

S&P 500 jumped 2.2%

(Newser) - Stocks shook off an afternoon stumble and ended higher on Wall Street Wednesday after the Federal Reserve announced its first interest rate hike since 2018. Bond yields also rose as the Fed started to shift its policy to fighting inflation, the AP reports. The S&P 500 rose 95.41...

Stocks Rally as Oil Price Tumbles Again
Stocks Rally
as Oil Price
Tumbles Again
MARKETS

Stocks Rally as Oil Price Tumbles Again

Dow surged almost 600 points

(Newser) - Stocks closed higher on Wall Street Tuesday as inflation worries ebbed and oil prices slid. The S&P 500 gained 2.1% after a report showed inflation’s rapid acceleration paused at the wholesale level last month, the AP reports. Oil tumbled more than 6%. Treasury yields were mixed as...

Markets Slide Lower Ahead of Fed Meeting
US Oil Price
Drops Almost 6%
MARKETS

US Oil Price Drops Almost 6%

Traders exercise caution ahead of Fed meeting

(Newser) - Stocks swayed lower on Wall Street Monday, crude oil prices fell, and bond yields rose sharply as waves of market-moving forces crashed into each other. Markets remained jumbled as investors try to assess the various impacts on the economy from the war in Ukraine, upcoming rate hikes from the Federal...

Stocks Just Had Their Biggest Jump Since 2020
Stocks Surge Back Up
as Oil Price Drops
MARKETS

Stocks Surge Back Up as Oil Price Drops

It was Wall Street's best day since June 2020

(Newser) - Stocks had their biggest jump since June 2020 Wednesday as a sharp drop in oil prices eased fears that inflation was about to get worse around the globe. The S&P 500 rose 2.6%. The rally broke a four-day losing streak for stocks but wasn’t enough to erase...

Markets Close Lower After US Bans Russian Oil
Nickel Trading Halted
After Price Doubles
MARKETS

Nickel Trading Halted After Price Doubles

(Newser) - Stocks ended lower after another day of yo-yoing between gains and losses after crude oil prices rose anew as the US banned imports from Russia. The price of nickel surged so much that trading for the metal was shut on Tuesday as the economic fallout from Russia’s invasion of...

Markets Plunge as Oil Price Touches $130 a Barrel
S&P 500 Just Had Its
Biggest Drop in 16 Months
MARKETS

S&P 500 Just Had Its Biggest Drop in 16 Months

Oil price briefly touched $130 a barrel

(Newser) - Stocks fell sharply on Wall Street Monday after another big leap for oil prices threatened to squeeze inflation’s grip on the global economy. The S&P 500 fell 3%, its biggest drop in 16 months, after a barrel of US crude surged to nearly $120 on the possibility that...

Markets Roar Back Despite 7% Jump in Oil Price
Wall Street Is
Back in Rally Mode
MARKETS

Wall Street Is Back in Rally Mode

Indexes jumped despite war worries, spike in oil prices

(Newser) - Wall Street took another sharp swing Wednesday, this time back to rally mode, as stocks and Treasury yields rose even as oil prices continued to climb. The S&P 500 rose 1.9%, putting it back into the green for the week, after Federal Reserve Chair Jerome Powell said he...

Dow Drops, Oil Price Surges as War Rages in Ukraine

Wheat, corn prices have also spiked

(Newser) - Oil prices soared and investors shifted more money out of stocks and into ultra-safe US government bonds Tuesday as Russia stepped up its war on Ukraine. The price of oil surged back above $100 a barrel to its highest level since 2014 after Russia, a major energy producer, faced further...

Oil Prices Jump After Russia Sanctions
Oil Prices Jump
After Russia Sanctions
MARKETS

Oil Prices Jump After Russia Sanctions

Dow dropped 161 points

(Newser) - Markets quivered Monday amid worries about how high oil prices will go and how badly the global economy will get hit after the US and allies upped the financial pressure on Russia for its invasion of Ukraine. Stocks swung down, up and down again, while investors herded into gold in...

Dow Set to Open Down More Than 800 Points
Dow Set to Open Down
More Than 800 Points
MARKETS

Dow Set to Open Down More Than 800 Points

Oil prices top $100 for first time since 2014

(Newser) - Asian and European markets plunged after Russia launched its attack on Ukraine and markets in the US are following suit, with the Dow Jones Industrial Average set to open down more than 800 points, or 2.5%, CNN reports. S&P futures also dropped around 2.5% and Nasdaq futures...

S&amp;P 500 Sinks to 14-Month Low
S&P 500 Slides Deeper
Into Correction Territory
MARKETS

S&P 500 Slides Deeper Into Correction Territory

Index is now at a 14-month low

(Newser) - Wall Street's losses mounted Wednesday as world leaders waited to see if Russian President Vladimir Putin orders troops deeper into Ukraine. The S&P 500 fell 1.8% to a 14-month low, worsening what is now the benchmark index's second correction in two years. Treasury yields inched higher,...

S&amp;P 500 Enters Correction Territory Amid Ukraine Crisis
Ukraine Tensions
Drag Stocks Down
MARKETS

Ukraine Tensions Drag Stocks Down

S&P 500 is now in correction territory

(Newser) - Stocks closed broadly lower Tuesday after Russia sent forces into Ukraine’s eastern region and the US, European Union, and UK responded with economic sanctions. The rising geopolitical tensions kept financial markets on edge, pulling the S&P 500 into a correction—Wall Street speak for a drop of at...

S&amp;P 500 Shakes Off Slump After Fed Releases Minutes
Minutes From Fed Meeting
Give Markets a Boost
MARKETS

Minutes From Fed Meeting Give Markets a Boost

Central bank is ready to raise interest rates

(Newser) - Stocks shook off an early slump and ended mixed on Wall Street Wednesday after minutes from the Federal Reserve’s latest meeting showed policymakers still leaning toward moving decisively to fight inflation. The S&P 500 wound up with a slight gain, while the Dow Jones Industrial Average and the...

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