Dow Jones

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Investors Have Fingers Crossed for &#39;Santa Claus&#39; Rally
Traders Are Hoping
for a 'Santa Rally'
MARKETS
Dec 28, 2021 3:48 PM CST

Traders Are Hoping for a 'Santa Rally'

S&P 500 breaks 4-day winning streak

(Newser) - Stocks closed mixed on Wall Street Tuesday, leaving the S&P 500 just shy of its latest record high set a day earlier. After wavering between gains and losses, the benchmark index closed down 0.1%. The slight loss broke a four-day wining streak for the S&P 500.Some...

S&amp;P 500 Hits New High After Return From Holiday
S&P 500 Hits New High
After Return From Holiday
MARKETS
Dec 27, 2021 4:11 PM CST

S&P 500 Hits New High After Return From Holiday

Dow was up 352 points

(Newser) - Stocks made steady gains on Wall Street Monday, enough to mark another record high for the S&P 500 index. Trading was muted as investors returned from the Christmas holiday and several overseas markets remained closed. The S&P 500 climbed 1.4%, led by more gains in big technology...

Wall Street Snaps 3-Day Losing Streak
Signs of Optimism
Return to Wall Street 
MARKETS
Dec 21, 2021 3:39 PM CST

Signs of Optimism Return to Wall Street

Dow jumps 561 points

(Newser) - Stocks closed solidly higher on Wall Street Tuesday, more than regaining the ground they had lost a day earlier. Small-company stocks rose even more than the rest of the market, a signal that investors are feeling a more optimistic about the economy, the AP reports. Technology stocks did especially well....

Omicron &#39;Grinch&#39; Drags Down Markets Worldwide
Omicron Worries 
Weigh Down Markets
MARKETS
Dec 20, 2021 4:04 PM CST

Omicron Worries Weigh Down Markets

Dow Jones dived 433 points

(Newser) - Wall Street joined a worldwide slump for financial markets on Monday amid worries about how badly the omicron variant, inflation, and other forces will hit the economy. The S&P 500 fell 1.1%, following up on similar drops across Europe and Asia, the AP reports. Stocks of oil producers...

Markets Welcome Fed's Plan to Pull Back Stimulus

Dow rose 383 points

(Newser) - Stocks rose steadily on Wall Street Wednesday after the Federal Reserve said it would accelerate its pullback of economic stimulus and would likely raise interest rates three times next year to tackle rising inflation. The Fed will shrink its monthly bond purchases at twice the pace it previously announced, putting...

Latest Inflation Report Drags Markets Down
Stocks Drop After
Latest Inflation Report
MARKETS
Dec 14, 2021 3:53 PM CST

Stocks Drop After Latest Inflation Report

In November, wholesale prices jumped a record 9.6% year-on-year

(Newser) - Stocks closed lower on Wall Street Tuesday as traders took in the latest sign that inflation is still running high ahead of the Federal Reserve’s last meeting of the year. The latest report on inflation showed that wholesale prices jumped a record 9.6% in November from a year...

Moderna, Pfizer Rise as Travel, Tech Stocks Sink

Dow Jones was down 320 points

(Newser) - Stocks pulled back below their recent record levels on Wall Street Monday as the market’s momentum slows down following its best week since February. Technology, energy, and travel-related companies had some of the biggest losses. Nvidia, General Motors, and Devon Energy were among the biggest decliners in the S&...

Tech Stocks Jump as Optimism Reigns on Wall St.

S&P 500 gains more than 2%

(Newser) - Stocks jumped for a second day Tuesday as investors continued to wager that the new COVID won’t pose a big threat to the economy. The S&P 500 rose 1.4% in the first few minutes of trading, adding to its gains from a day earlier. It finished up...

Fauci Remarks Help Lift Travel Stocks
Fauci Remarks Help
Lift Travel Stocks
MARKETS
Dec 6, 2021 3:41 PM CST

Fauci Remarks Help Lift Travel Stocks

S&P 500 has recovered almost all of last week's losses

(Newser) - Stocks closed solidly higher on Wall Street Monday, aided by a broad rally that includes travel-related companies that stand to benefit from more reopening of the economy. The S&P 500 rose 1.2%, making up nearly all the ground lost last week. Technology companies and banks accounted for a...

S&amp;P 500 See-Saws as Investors Turn Cautious
Omicron Worries Send
Markets Down Again
MARKETS
Dec 1, 2021 3:49 PM CST

Omicron Worries Send Markets Down Again

'Investors are going to have to get used to the idea that this is not going to be the last variant'

(Newser) - Markets turned cautious again Wednesday, erasing an early gain and ending lower as investors try to handicap how much the new coronavirus variant will impact the economy. The latest roller-coaster ride brought the S&P 500 index up 1.9% in the morning and down 1.2% by the closing...

Fed Chief&#39;s Remarks Add to Wall Street&#39;s Woes
Fed Chief's Remarks Add
to Wall Street's Woes
MARKETS
Nov 30, 2021 3:44 PM CST

Fed Chief's Remarks Add to Wall Street's Woes

Dow was down 652 points

(Newser) - Wall Street’s losses deepened on Tuesday after the head of the Federal Reserve said it will consider shutting off its support for financial markets sooner than expected. The S&P 500 fell 1.9%. It was already down in the morning amid worries that the omicron variant would hit...

Moderna Jumps 11.8% as It Tests Vaccine Against Variant

Markets recover ground after Friday's big drop

(Newser) - The stock market steadied itself Monday following a slide last week brought on by the newest coronavirus variant. Investors are waiting for more clues about just how much damage the new strain may do to the economy. The S&P 500 recovered more than half its drop from Friday. Bond...

Dow Futures Drop 800 Points as COVID Variant Emerges
Fears of COVID Variant
Slam Stock Market
UPDATED
Nov 26, 2021 8:53 AM CST

Fears of COVID Variant Slam Stock Market

Dow drops more than 2%, and other major indexes in similar straits

(Newser) - Update: Fears of a newly discovered COVID variant has indeed led to a brutal start for the stock market. The Dow plunged about 800 points at the open on Friday, more than 2%, per the AP , while the S&P 500 and Nasdaq also fell, though by smaller percentages. Our ...

Gap Nosedives 24% After Weak Results
Gap, Nordstrom
Nosedive After
Weak Results
MARKETS
Nov 24, 2021 4:11 PM CST

Gap, Nordstrom Nosedive After Weak Results

HP was S&P 500's biggest gainer

(Newser) - Wall Street capped another wobbly day of trading Wednesday with an uneven finish for the major stock indexes ahead of the Thanksgiving holiday. The S&P 500 rose 0.2% after wavering between small gains and losses most of the morning, the AP reports. The benchmark index regained its footing...

Oil Prices Rise Despite Biden Move
Oil Prices Rise 
Despite Biden Move
MARKETS
Nov 23, 2021 4:00 PM CST

Oil Prices Rise Despite Biden Move

President ordered release of 50M barrels

(Newser) - Stocks closed mixed on Wall Street Tuesday after a day of wobbly trading. Losses in big technology stocks and companies that rely on consumer spending tempered gains elsewhere in the market. The S&P 500 rose 7.76 points, or 0.2%, to 4,690.70. The Dow Jones Industrial...

Late Drop Robs S&amp;P 500 of Record High
Markets Reassured 
by Biden's Fed Move
MARKETS
Nov 22, 2021 3:38 PM CST

Markets Reassured by Biden's Fed Move

But late drop robbed S&P 500 of record high

(Newser) - A late drop robbed the S&P 500 of another record high on Wall Street Monday and left major indexes mostly lower after being up for much of the day. The S&P 500 ended 0.3% lower. It was up as much as 1% earlier. The Nasdaq fell 1....

4.7% Drop for Visa Weighs Down S&amp;P 500
Visa Dives 4.7% After
Big Move From Amazon
MARKETS
Nov 17, 2021 3:44 PM CST

Visa Dives 4.7% After Big Move From Amazon

Company will no longer accept UK-issued Visa cards

(Newser) - Stock indexes shuffled lower on Wall Street Wednesday, pulling a bit further off their record heights. The bond market was relatively calm following turbulent trading recently amid worries about high inflation. The yield on the 10-year Treasury fell to 1.59%. Shorter-term yields also fell, giving up a portion of...

Report on Consumer Spending Gives Markets a Boost

Government says consumers stepped up their spending despite inflation

(Newser) - Stocks closed higher on Wall Street Tuesday as investors reviewed solid earnings reports from retailers and an encouraging update on consumer spending. Home Depot rose 5.8% after the home improvement retailer reported surging sales and solid profits last quarter amid a hot housing market, the AP reports. New data...

Casper Surges 89% on Buyout News
Casper Surges 89%
on Buyout News
MARKETS
Nov 15, 2021 3:37 PM CST

Casper Surges 89% on Buyout News

Major indexes were little changed

(Newser) - Major indexes ended a wobbly day mostly lower on Wall Street as the market comes off its first weekly loss in six weeks. The S&P 500 ended little changed and the Dow Jones Industrial Average edged barely higher, the AP reports. The yield on the 10-year Treasury note rose...

Inflation Report Roils Bond Markets
Inflation Report
Hits Markets Hard
MARKETS
Nov 10, 2021 3:39 PM CST

Inflation Report Hits Markets Hard

Dow dropped 240 points

(Newser) - An eye-opening report on inflation that was hotter than expected slammed into the bond market on Wednesday, sending yields jumping, and helping knock stocks lower, the AP reports. The sharpest inflation since 1990 forced investors to boost bets that the Federal Reserve will have to raise short-term interest rates more...

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