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AI Frenzy Lifts Wall Street to Record Highs
Nvidia Is Now a $3T Company
MARKETS
Jun 5, 2024 3:43 PM CDT

Nvidia Is Now a $3T Company

It hits milestone as AI frenzy sends S&P 500, Nasdaq to record highs

(Newser) - Wall Street barreled to all-time highs Wednesday as its frenzy around artificial-intelligence technology keeps sending stocks higher.
  • The S&P 500 jumped 62.69 points, or 1.2%, to 5,354.03, beating its record set two weeks ago.
  • The Nasdaq composite rallied even more, it rose 330.86 points,
...

Stocks Hold Steady After Report on Cooling Job Market
Oil Stocks Drop
for a Second Day
MARKETS
Jun 4, 2024 3:57 PM CDT

Oil Stocks Drop for a Second Day

Worries about slowing economy have hit crude prices

(Newser) - US stocks held relatively steady on Tuesday after a report suggested the job market is cooling.
  • The S&P 500 rose 7.94 points, or 0.2%, to 5,291.34
  • The Dow Jones Industrial Average rose 140.26 points, or 0.4%, to 38,711.29.
  • The Nasdaq composite
...

Nvidia Lifts S&amp;P 500 to Small Gain
GameStop Soars 21.4%
MARKETS
Jun 3, 2024 3:36 PM CDT

GameStop Soars 21.4%

Nvidia lifts S&P 500 to small gain

(Newser) - Stocks ended mixed on Wall Street Monday following the latest signal showing the US economy is slowing.
  • The S&P 500 edged up by 5.89 points, or 0.1%, to 5,283.40, even though the majority of stocks within the index fell.
  • The Dow Jones Industrial Average dropped
...

Marathon Oil Jumps 8.4% After Merger Announcement

American Airlines led slump in airline stocks

(Newser) - US stocks closed lower Wednesday under the weight of higher yields in the bond market. The 10-year yield rose to 4.61% from 4.54% late Tuesday following an auction of $44 billion in seven-year Treasurys, the AP reports.
  • The S&P 500 dipped 39.09 points, or 0.7%,
...

Nvidia Surges as Nasdaq Hits New High
Nvidia Surges as
Nasdaq Hits New High
MARKETS
May 28, 2024 3:42 PM CDT

Nvidia Surges as Nasdaq Hits New High

Tech stocks remained strong as most other stocks dropped

(Newser) - Most US stocks fell Tuesday as a tick higher in bond yields tightened the screws a bit on Wall Street following a three-day weekend.
  • The S&P 500 rose 1.32 points, or less than 0.1%, to 5,306.04 and is sitting just below its record set a
...

Stocks Slump Over Fears Interest Rates Won't Budge

The Dow fell more than 600 points

(Newser) - Most US stocks slumped Thursday after strong economic reports raised the possibility of interest rates staying painfully high. The AP reports the weakness was widespread and overshadowed another blowout profit report from market heavyweight Nvidia, which closed up 9% at $1,038. The S&P 500 fell 0.7% and...

Target Drops 8% After Disappointing Profit Report

Inflation, interest fears drag indexes down from record highs

(Newser) - US stock indexes pulled back from their records Wednesday as concerns about inflation and high interest rates weighed on the market.
  • The S&P 500 fell 14.40 points, or 0.3%, to 5,307.01. The index hit a record high on Tuesday.
  • The Dow Jones Industrial Average fell
...

It Was a Quiet Day on Wall Street, But Records Were Broken

S&P 500, Nasdaq hit new all-time highs

(Newser) - US stock indexes drifted higher to set more records following another quiet day of trading on Tuesday.
  • The S&P 500 rose 13.28 points, or 0.3%, to 5,321.41, surpassing its record set last week.
  • The Dow Jones Industrial Average rose 66.22 points, or 0.2%,
...

Nasdaq Hits New All-Time High
Nasdaq Hits New All-Time High
MARKETS
May 20, 2024 3:43 PM CDT

Nasdaq Hits New All-Time High

Norwegian Cruise Line steams 7.6% higher

(Newser) - US stock indexes drifted to a mixed finish after a quiet day of trading Monday, and the Nasdaq composite rose to another record.
  • The S&P 500 rose 4.86 points, or 0.1%, to 5,308.13, just short of its all-time high.
  • The Dow Jones Industrial Average fell
...

Dow Reaches 40K for the First Time
Dow Reaches 40K
for the First Time
May 16, 2024 9:43 AM CDT

Dow Reaches 40K for the First Time

Index crosses another milestone

(Newser) - The Dow is now in uncharted territory. The stock market index reached 40,000 for the first time ever in trading on Thursday, reports CNBC and the Wall Street Journal . Markets have been rising this week thanks to a report suggesting that inflation was slowing down. The benchmark S&P...

Dow, S&amp;P 500 Jump to All-Time Highs
Dow, S&P 500 Jump
to All-Time Highs
MARKETS
May 15, 2024 3:39 PM CDT

Dow, S&P 500 Jump to All-Time Highs

Inflation slowdown boosts hopes for rate cut

(Newser) - US stocks rallied to new records Wednesday on hopes that inflation is heading back in the right direction.
  • The S&P 500 jumped 61.47 points, or 1.2%, to 5,308.15, topping its prior all-time high set in March.
  • The Dow Jones rose 349.89 points, or 0.
...

Meme Stocks Surge for a Second Day
Meme Stocks Surge
for a Second Day
MARKETS
May 14, 2024 3:39 PM CDT

Meme Stocks Surge for a Second Day

Nasdaq hits all-time high

(Newser) - Stocks ended higher on Wall Street Tuesday, sending the Nasdaq composite to another record.
  • The S&P 500 rose 25.26 points, or 0.5%, to 5,246.68. , and is sitting just shy of its own all-time high.
  • The Dow Jones Industrial Average rose 126.60 points, or 0.
...

Wall Street Hovers Near Record Highs
GameStop Leaps 74.4%
MARKETS
May 13, 2024 3:34 PM CDT

GameStop Leaps 74.4%

Biopharma firm Incyte was another winner

(Newser) - US stocks drifted to a mixed close near their record heights Monday.
  • The S&P 500 fell 1.26 points, or less than 0.1%, to 5,221.42, less than 1% below its record set at the end of March.
  • The Dow Jones Industrial Average fell 81.33 points,
...

Uber Slumps, Lyft Revs Higher
Shopify Drops 18.5%
MARKETS
May 8, 2024 3:42 PM CDT

Shopify Drops 18.5%

Uber also slumped while Lyft revved higher

(Newser) - Wall Street's lull stretched into a second day as US stocks drifted to a mixed close in a quiet Wednesday.
  • The S&P 500 finished virtually unchanged after flipping between modest gains and losses through the day. It edged down by 0.03 points to 5,187.67.
  • The
...

Disney Drops 9.5% Despite Strong Results
Disney Drops 9.5%
Despite Strong Results
MARKETS
May 7, 2024 3:41 PM CDT

Disney Drops 9.5% Despite Strong Results

Company's revenue fell shy of forecasts

(Newser) - US stocks held relatively steady Tuesday as trading on Wall Street calmed following some sharp recent swings.
  • The S&P 500 rose 6.96 points, or 0.1%, to 5,187.70, its fourth straight gain.
  • The Dow Jones Industrial Average rose 31.99 points, or 0.1%, to 38,
...

Wall Street Adds to Last Week&#39;s Gains
Freshpet Jumps
More Than 10%
MARKETS
May 6, 2024 3:37 PM CDT

Freshpet Jumps More Than 10%

Spirit Airlines slides 9.7%

(Newser) - US stocks closed higher Monday on Wall Street, adding to last week's gains.
  • The S&P 500 rose 52.95 points, or 1%, to 5,180.74.
  • The Dow Jones Industrial Average rose 176.59 points, or 0.5%, to 38,852.27.
  • The Nasdaq composite rose 192.92
...

Stocks Finish Mixed After Fed Chief&#39;s Remarks
CVS, Starbucks Drop Sharply
MARKETS
May 1, 2024 3:41 PM CDT

CVS, Starbucks Drop Sharply

Indexes finished mixed after Fed chief's remarks

(Newser) - US stocks finished mixed Wednesday after the head of the Federal Reserve said the cuts to interest rates that Wall Street craves so much are still likely, even if they're delayed because of stubbornly high inflation.
  • The S&P 500 fell 17.30 points, or 0.3%, to 5,
...

Wall Street Closes Out Worst Month Since September

Ugly April ends with more losses

(Newser) - US stocks closed out their ugly April with even more losses on Tuesday, cementing the market's worst month since September.
  • The S&P 500 S&P 500 fell 80.48 points, or 1.6%, to 5,035.69, pulling it further from its record set at the end of
...

Tesla Stock Jumps 15.3% After Musk&#39;s China Trip
Tesla Jumps 15.3%
MARKETS
Apr 29, 2024 3:38 PM CDT

Tesla Jumps 15.3%

Insiders say China has granted approval for launch of company's 'Full Self-Driving' tech

(Newser) - Stocks edged higher Monday as Wall Street readies for a week packed with potentially market-moving news.
  • The S&P 500 rose 16.21 points, or 0.3%, to 5,116.17.
  • The Dow Jones Industrial Average climbed 146.43 points, or 0.4%, to 38,386.09.
  • The Nasdaq composite
...

Tesla Surges 12.1% Despite Drop in Profits
Tesla Stock Surges
Despite Drop in Profits
MARKETS
Apr 24, 2024 3:48 PM CDT

Tesla Stock Surges Despite Drop in Profits

Other winners included Hasbro, Boston Scientific

(Newser) - US stocks drifted to a mixed finish on Wednesday.
  • The S&P 500 rose 1.08 points, or less than 0.1%, to 5,071.63.
  • The Dow Jones Industrial Average fell 42.77 points, or 0.1%, to 38,460.92.
  • The Nasdaq composite rose 16.11 points, or
...

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