Dow Jones

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S&amp;P 500 Just Had Its Biggest Drop Since May
S&P 500 Just Had Its
Biggest Drop Since May
MARKETS

S&P 500 Just Had Its Biggest Drop Since May

Nasdaq drops 2.8% amid tech sell-off

(Newser) - Technology companies led a broad slide in stocks on Wall Street Tuesday as investors reacted to a surge in US government bond yields. The benchmark S&P 500 index had its worst drop since May, and the tech-heavy Nasdaq had its worst drop since March. The main action was again...

Big Tech Stocks Drop as Banks, Energy Firms Rise

Dow Jones edged up 71 points

(Newser) - Stocks wound up a mixed bag on Wall Street Monday as losses for several Big Tech companies checked gains elsewhere in the market. Microsoft fell 1.7% and Apple gave back 1.1%. The yield on the 10-year Treasury note rose to 1.49%, its highest level since late June....

Stocks Hold Gains After Big Announcement From Fed
Markets Unfazed by
Big Announcement From Fed
MARKETS

Markets Unfazed by Big Announcement From Fed

Central bank may start easing COVID-era support measures later this year

(Newser) - Stocks held on to their gains on Wall Street Wednesday after the Federal Reserve signaled it may begin easing its extraordinary support measures for the economy later this year. In a statement at 2pm Eastern, the central bank said it may start raising its benchmark interest rate sometime next year,...

Uber Jumps 11.5% on Mixed Day for Markets
Market Recovery 
Fizzles by Closing Bell
MARKETS

Market Recovery Fizzles by Closing Bell

S&P 500, Dow dropped but Nasdaq rose

(Newser) - Major indexes ended mixed on Wall Street Tuesday after spending much of the day wobbling between gains and losses. For parts of the afternoon the market had looked like it would recoup some of the losses it took in a big pullback a day earlier, but by the closing bell...

Stocks Just Had Their Biggest Drop Since May
Dow Drops 614 Points 
as China Worries Grow
MARKETS

Dow Drops 614 Points as China Worries Grow

Developer Evergrande could be on brink of collapse

(Newser) - US stocks had their biggest drop since May as traders worried about potential ripple effects if a debt-laden Chinese real estate company defaults. The S&P 500 fell 1.7% Monday. It had been down as much as 2.9% earlier. Hong Kong’s main index dropped 3.3%, its...

Reports of China Crackdown Hit Gambling Stocks Hard

Tech, energy stocks lead S&P 500 to biggest gain since August

(Newser) - Stocks closed solidly higher Wednesday, shaking off some recent doldrums and giving the S&P 500 its biggest daily gain since late August. Energy companies did particularly well as prices for crude oil and natural gas climbed, and Microsoft helped pull the tech sector higher after announcing a dividend increase...

Markets Slump Despite Good News on Inflation
Markets Slump Despite
Good News on Inflation
MARKETS

Markets Slump Despite Good News on Inflation

Dow dropped 292 points

(Newser) - Stocks went back to falling on Wall Street Tuesday after a blip higher the day before, giving the S&P 500 its sixth loss in the last seven trading days. The benchmark index lost 0.6%. The market had started higher after the latest data on inflation came in better...

Boeing Supplier Up 4.7% After Feds Boost Support

Markets are recovering from weeklong slump

(Newser) - Stocks managed to end a wobbly day mostly higher on Wall Street Monday as the market regroups after its biggest weekly drop since June. The S&P 500 shook off an afternoon slump and edged up 0.2%, the Dow Jones Industrial Average added 0.8% and the Nasdaq slipped...

Stocks Dip After Fed Says Economy &#39;Downshifted&#39;
Stocks Drop After Fed
Releases 'Beige Book'
MARKETS

Stocks Drop After Fed Releases 'Beige Book'

Economy 'downshifted' over the summer

(Newser) - Stocks closed lower on Wall Street Wednesday following a Federal Reserve report that shows US economic activity slowed this summer amid rising worries over resurgent coronavirus cases and mounting supply chain problems and labor shortages. The Fed’s latest survey of the nation’s business conditions, dubbed the “Beige...

Dow Falls 269 Points as Market Digests Jobs Report

But Nasdaq hit a new record high

(Newser) - Stocks closed mostly lower on Wall Street Tuesday as traders returned from the Labor Day holiday, even as gains for some Big Tech companies nudged the Nasdaq composite barely higher. The benchmark S&P 500 slipped 0.3%. Meanwhile gains for Apple, Facebook, and a few other tech heavyweights nudged...

Tech Gains Lift Nasdaq to New High
Tech Gains Lift
Nasdaq to New High
MARKETS

Tech Gains Lift Nasdaq to New High

S&P 500 added a single point

(Newser) - Stocks eked out some modest gains on Wall Street Wednesday, enough to nudge the Nasdaq composite index to another all-time high. The S&P 500 gave up nearly all of a midday gain and ended just 1 point higher, or less than 0.1%. Small-company stocks did better than the...

S&amp;P 500 Ends August With 7th Straight Monthly Gain
S&P 500 Is on Longest
Winning Streak Since 2018
MARKETS

S&P 500 Is on Longest Winning Streak Since 2018

Index ends August with 7th straight monthly gain

(Newser) - A wobbly day on Wall Street ended Tuesday with major indexes slipping just below recent record highs, but the S&P 500 closed out August solidly in the green with its seventh straight monthly gain, the longest such streak since early 2018. Investors are busy trying to figure out just...

Energy Prices Mixed After Ida Hits US
Affirm Jumps 46.7% After
Amazon Deal Announced
MARKETS

Affirm Jumps 46.7% After Amazon Deal Announced

Energy prices mixed after Hurricane Ida slams into Louisiana

(Newser) - Stocks wound up mixed on Wall Street Monday, with the S&P 500 index managing just enough of a gain to mark another record high. The Dow Jones Industrial Average slipped and small-company stocks fell. Gains for a handful of Big Tech companies were the main driver behind the 0....

Dick's Sporting Goods Jumps 13.3% After Surge in Sales

Nasdaq, S&P 500 drift up to new highs

(Newser) - Stocks pushed higher again on Wall Street Wednesday, marking more milestones for the S&P 500 and the Nasdaq. The S&P 500 added another 0.2%, its fifth gain in a row. Banks and energy companies led the way higher. Banks benefited from an increase in bond yields, which...

Big Gains for Travel Stocks as S&P 500, Nasdaq Set Records

Nasdaq closed above 15K for first time

(Newser) - Stocks closed modestly higher on Wall Street Tuesday, enough to nudge the Nasdaq composite to a record high and past 15,000 for the first time. The broader S&P 500 index also set a record high. Banks, consumer-focused companies, and small-company stocks outpaced the rest of the market. The...

BioNTech, Pfizer Stocks Jump After FDA Approval
BioNTech, Pfizer Stocks
Jump After FDA Approval
MARKETS

BioNTech, Pfizer Stocks Jump After FDA Approval

Nasdaq hits new record high

(Newser) - Stocks closed higher on Wall Street Monday, allowing the S&P 500 to regain the ground it lost last week and bringing it just shy of another record high. The benchmark index added 0.9%, driven by gains in a broad range of technology, financial, and communication stocks. The tech-heavy...

Stocks Slump to Second Straight Loss
Lowe's Jumps 9.6% After
Strong Earnings Report
MARKETS

Lowe's Jumps 9.6% After Strong Earnings Report

But indexes slumped to their second straight loss

(Newser) - Stocks took a late turn lower on Wall Street, ending with their second straight loss. The S&P 500 gave up 1.1% Wednesday, a day after breaking a five-day winning streak. Technology and health care companies had some of the biggest losses. Apple fell 2.6%. Markets didn’t...

Wall Street Slips as Retail Sales Slow Down
Home Depot Drops 4.3%
as Sales Slow Down
MARKETS

Home Depot Drops 4.3% as Sales Slow Down

Indexes fall back from record highs after disappointing data on retail sales

(Newser) - Stocks closed lower Tuesday, as data showed the coronavirus pandemic is still holding back the US economy. Retail sales fell a seasonally adjusted 1.1% in July from the month before, the Commerce Department said Tuesday. It was a much larger drop than the 0.3% decline Wall Street analysts...

Indexes Hit New Highs Despite World&#39;s Worries
Tesla Drops 4.3% as
Feds Launch Investigation
MARKETS

Tesla Drops 4.3% as Feds Launch Investigation

Dow, S&P 500 hit new record highs

(Newser) - Stock indexes closed at record highs on Wall Street Monday, despite rising coronavirus infections in the US and around the globe, as well as geopolitical concerns including the collapse of the Afghanistan government. The S&P 500 index and the Dow Jones Industrial Average both closed higher after falling earlier...

Nasdaq Lags Behind as Dow, S&amp;P 500 Hit New Highs
Dow, S&P 500
Hit New Highs as
Inflation Eases
MARKETS

Dow, S&P 500 Hit New Highs as Inflation Eases

But Nasdaq lagged behind

(Newser) - Stocks closed mostly higher on Wall Street Wednesday, marking more records for the S&P 500 and the Dow Jones Industrial Average. Weakness in some technology stocks helped pull the Nasdaq composite slightly lower. The S&P 500 climbed 0.2% and the Dow added 0.6%. Investors got some...

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