Dow Jones

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Stock Market Just Had One of Worst Christmas Eves Ever

Dow plunges 650

(Newser) - So much for the Santa rally on Wall Street. The stock market tanked again Monday in a short trading day, making for one of its worst Christmas Eves on record, per the Washington Post . The Dow fell 653, or 2.9%, to 21,792; the S&P 500 fell 65,...

Despite Mnuchin's Comments, Stock Market Sinks Again

Dow flirts with dipping below 22K

(Newser) - Treasury chief Steven Mnuchin made an unusual move over the weekend in an attempt to soothe rattled financial markets. But based on the stock market's open, it appears that Mnuchin's call to the CEO of the six largest US banks didn't help. In fact, one financial analyst...

Dow Plunges 464
Another Brutal Day
on Wall Street
MARKETS

Another Brutal Day on Wall Street

Dow plunges 464

(Newser) - Another miserable day on Wall Street knocked 464 points off the Dow Jones Industrial average, bringing its losses since Friday to more than 1,700 points, the AP reports. The index is now down more than 10% for December, putting it on track for its worst monthly loss in almost...

Tech Rout Erases Market&#39;s Gain for the Year
Tech Rout Erases Market's Gain
for the Year
MARKETS

Tech Rout Erases Market's Gain for the Year

Dow ends day down 551

(Newser) - Stocks are closing sharply lower, erasing the market's gains for the year, as losses for big technology companies like Apple mount, the AP reports. Apple sank 4.8% Tuesday. Retailers also fell sharply. Target plunged 10.5% after reporting weak results. Victoria's Secret parent company L Brands fell...

Markets Off to Brutal Start
Markets Off to Brutal Start

Markets Off to Brutal Start

Dow falls more than 500, putting 2018 gains at risk

(Newser) - Stocks are skidding again on Wall Street as a tech rout continues and several big retailers report weak results, per the AP . Apple sank another 3.6% in early trading Tuesday and Microsoft gave up 3.3%. Target, meanwhile, plunged 9.5% after missing Wall Street's earnings estimates. In...

Trump Has Explanation for Market's 'Little Pause'

It's because of the midterms, he says, warning that Democrats will make things worse

(Newser) - President Trump has repeatedly celebrated the stock market's rise under his watch, and on Tuesday he chalked up Wall Street's rough October to concern about the midterms. "The Stock Market is up massively since the Election, but is now taking a little pause — people want to...

Markets Rebound at Start of Trading
Markets Rebound
at Start of Trading

Markets Rebound at Start of Trading

Dow rose more than 200 points after Wednesday's plunge

(Newser) - Thursday is looking much better than Wednesday on Wall Street. Stocks opened higher after a sharp sell-off the previous day erased the market's gains for the year . In the first hour of trading Thursday, the Dow rose more than 200 points, shy of 1%, and the S&P 500...

Rough Day for Stocks, Scary Warning on Housing

Dow falls more than 400 points

(Newser) - It's shaping up to be a bleak day on Wall Street, with the Dow falling more than 400 points at the open. The S&P 500 and Nasdaq were in similar straits. The Wall Street Journal chalks up the declines to lousy earnings reports from blue chips Caterpillar and...

Another Brutal Day for the Dow
Second Day of Huge Losses
for US Stocks
MARKETS

Second Day of Huge Losses for US Stocks

Dow falls 546 points

(Newser) - US stocks sank more than 2% Thursday, the second day of steep declines around the globe driven by concerns about rising interest rates and trade tensions, the AP reports. The Dow Jones Industrial Average dropped 546 points after dropping 831 points Wednesday. The two-day loss of 5.3% is the...

Jeff Bezos Just Lost $9B
Jeff Bezos Just Lost $9B 

Jeff Bezos Just Lost $9B

As Dow plunged 832 points

(Newser) - Wednesday's stock market plunge hit Jeff Bezos harder than any other billionaire, USA Today reports. The Amazon founder and CEO lost more than $9 billion during the selloff, which saw the Dow dive 832 points. Of course, Bezos is still doing pretty well for himself; he's still sitting...

Trump: Fed &#39;Is Going Loco&#39;
Trump: The Fed 'Is Going Loco'

Trump: The Fed 'Is Going Loco'

He blames central bank for stock market drop

(Newser) - In a move that is traditionally considered highly unusual for a president, President Trump strongly criticized the Federal Reserve on Wednesday, blaming the central bank for the Dow's 831-point drop . The Federal Reserve has raised rates three times this year, with at least one more rise expected, and the...

Dow Suffers Worst Day Since February
Dow Suffers Worst Day
Since February
MARKETS

Dow Suffers Worst Day Since February

Closes down 831 points

(Newser) - The Dow Jones Industrial Average plunged more than 800 points, its worst drop in eight months, led by sharp declines in technology stocks. Rising bond yields have been drawing investors out of the stock market, and the best-performing stocks over the past year took some of the biggest losses Wednesday....

Stock Market Reaches Record Highs
Dow Just Reached
an All-Time High

Dow Just Reached an All-Time High

So did the S&P 500

(Newser) - The stock markets opened with a bang on Thursday, with both the Dow and the S&P 500 reaching all-time highs. CNBC chalks up part of it to investor sentiment that the trade war between the US and China won't be as bad as feared, despite the rhetoric between...

Market Milestone: 9 Years, 5 Months, 13 Days
Market Milestone:
9 Years, 5 Months, 13 Days
the rundown

Market Milestone: 9 Years, 5 Months, 13 Days

The longest bull market in history is on the books

(Newser) - Dot-com bubble, eat your heart out: The S&P 500 has marked its longest-running bull market ever by going 3,454 days since hitting a low point in March 2009, the Wall Street Journal reports. Despite inching down a point Wednesday to 2,861, per the AP , the storied blue-chip...

Oil, Energy Rally Fuels Market Surge
Oil, Energy Rally
Fuels Market Surge
markets

Oil, Energy Rally Fuels Market Surge

But Nasdaq composite loses 20 points

(Newser) - US stocks are closing higher Friday as oil prices and energy companies rallied, the AP reports. OPEC says it will produce more oil, but not as much as investors feared; US crude jumped 4.6% and Exxon Mobil advanced 2.1%. Health care companies also rose while technology companies and...

After 100 Years, Last Original Dow Member Booted From Index

General Electric to be replaced by Walgreens

(Newser) - General Electric will be dropped from the Dow Jones industrial average next week, ending the industrial conglomerate's more than 100-year run in the 30-company blue chip index, the AP reports. S&P Dow Jones Indices said Tuesday that GE will be removed from index before the open of trading...

Dow Slips Back Despite Amazon's Gains

Index falls 11 points

(Newser) - Stocks are ending the week little changed Friday as disappointing results from Exxon Mobil weighed on energy companies and offset gains by Amazon and others. The Dow Jones industrial average slipped 11 points, or less than 0.1%, to 24,311, per the AP . The Nasdaq gained 1 point to...

After 619-Point Plunge, Dow Ends Day Down 424
After 619-Point Plunge,
Dow Ends Day Down 424
MARKETS

After 619-Point Plunge, Dow Ends Day Down 424

Treasury yield spooks investors

(Newser) - Stocks are closing sharply lower on Wall Street as big technology and industrial companies take heavy losses, the AP reports. Market favorites including Alphabet and Amazon dropped Tuesday, and heavy equipment maker Caterpillar sank 6.2% after warning of weaker profits. 3M, like several other manufacturers reporting their quarterly results,...

Dow Plunges 600 Points
Dow Sinks Fast Over
10-Year Benchmark
MARKETS

Dow Sinks Fast Over 10-Year Benchmark

Treasury yield spooks investors

(Newser) - The Dow Jones Industrial Average plunged about 600 points Tuesday afternoon, the AP reports. Business Insider reports the tumble took place after the closely watched 10-year Treasury yield went above 3% for the first time since 2014. Tech and industrial stocks saw particularly steep drops. The decline wiped out April'...

Trump Says It's No Trade War, but Dow Down 500 at Open

Sell-off sparked by China's retaliatory move

(Newser) - "We are not in a trade war with China," President Trump tweeted Wednesday morning, but that didn't calm investors. The Dow opened down 500 points, and is hovering about 350 points, or about 1.5%, down as of this writing. The sell-off was sparked by news that...

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