stock market

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Stocks Falter on &#39;Winds of Recession&#39;
Wall Street Worries
Fed Missed Its Window
MARKETS
Aug 1, 2024 3:25 PM CDT

Wall Street Worries Fed Missed Its Window

Dow fall nearly 500 points on weak economic data

(Newser) - US stocks tumbled on Thursday after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy's growth, per the AP :
  • The Dow fell 494 points, or 1.2%, to 40,347.
  • The S&P 500 fell 75 points, or 1.
...

S&amp;P 500 Jumps to Best Day in 5 Months
S&P 500 Jumps to
Best Day in 5 Months
MARKETS
Jul 31, 2024 4:12 PM CDT

S&P 500 Jumps to Best Day in 5 Months

Oil prices surge after assassination of Hamas leader

(Newser) - Big technology stocks drove a rally for US indexes Wednesday as Wall Street grew even more convinced long-sought cuts to interest rates will be arriving soon.
  • The S&P 500 jumped 85.86 points, or 1.6%, to 5,522.30 for its best day in five months.
  • The Dow
...

More Weakness for Big Tech Drags Down S&amp;P 500
JetBlue Climbs 12.3%
After Surprising Analysts
MARKETS
Jul 30, 2024 3:31 PM CDT

JetBlue Climbs 12.3% After Surprising Analysts

Drops for Big Tech drag down S&P 500

(Newser) - More drops for Big Tech stocks kept US stock indexes in check on Tuesday.
  • The S&P 500 fell 27.10 points, or 0.5%, to 5,436.44, although most stocks within it rose.
  • The Dow Jones Industrial Average rose 203.40 points, or 0.5%, to 40,743.
...

McDonald&#39;s Rises 3.7% Despite Disappointing Earnings Report
This Is a Huge Week
for Earnings Reports
MARKETS
Jul 29, 2024 3:29 PM CDT

This Is a Huge Week for Earnings Reports

Markets will be closely watching results from tech giants

(Newser) - US stock indexes drifted to a mixed finish Monday to kick off a week full of earnings reports from Wall Street's most influential companies and a Federal Reserve meeting on interest rates.
  • The S&P 500 edged up by 4.44 points, or 0.1%, to 5,463.54,
...

Tech Rebound Fizzles on Wall Street
Tech Rebound Fizzles
on Wall Street
MARKETS
Jul 25, 2024 3:05 PM CDT

Tech Rebound Fizzles on Wall Street

S&P 500 falls again, as does Nasdaq

(Newser) - US stocks wavered Thursday as they tried to rebound from Wednesday's blowout losses . The Dow ended in positive territory, though both the benchmark S&P 500 and the tech-focused Nasdaq gave up early gains and finished in the red:
  • The S&P 500 fell 27 points, or 0.5%,
...

Wall Street Just Had Its Worst Day Since 2022
Wall Street Just Had
Its Worst Day Since 2022
MARKETS
Jul 24, 2024 3:49 PM CDT

Wall Street Just Had Its Worst Day Since 2022

Investors were rattled by profit reports from Tesla, Alphabet

(Newser) - A wipeout on Wednesday sent US stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street's frenzy around artificial-intelligence technology.
  • The S&P 500 tumbled 128.61 points, or 2.3%, to 5,427.13 for its fifth drop
...

UPS Tumbles 12.1% After Weak Profit, Revenue Report

Sherwin-Williams, GE Aerospace were on the winning side

(Newser) - Stocks held steady Tuesday in a calm day on Wall Street, as earnings reporting season ramped up for big companies.
  • The S&P 500 slipped 8.67 points, or 0.2%, to 5,555.74
  • The Dow Jones Industrial Average edged down by 57.35, or 0.1%, to 40,
...

Stocks Rebound From Last Week&#39;s Losses
Big Tech Bounces Back
MARKETS
Jul 22, 2024 3:42 PM CDT

Big Tech Bounces Back

'Trump trade' in bond market may be unwinding

(Newser) - US stocks closed broadly higher on Monday, clawing back some of the losses from their worst week since April.
  • The S&P 500 rose 59.41 points, or 1.1% to 5,564.41, breaking a three-day losing streak. It was the first gain for the index since setting an
...

CrowdStrike Shares in Slide After Outage
CrowdStrike Shares
in Slide After Outage
markets
Jul 19, 2024 3:35 PM CDT

CrowdStrike Shares in Slide After Outage

Wall Street posts worst week since April

(Newser) - US stocks closed lower Friday, extending a slump that left Wall Street with its worst week since April. The losses came as businesses around the world scrambled to contain the effects of a disruptive technology outage. Cybersecurity firm CrowdStrike sank after saying the issue believed to be behind the global...

Stocks Fall Across the Board
Stocks Fall Across the Board
markets
Jul 18, 2024 3:48 PM CDT

Stocks Fall Across the Board

Nasdaq again plunges with tech shares

(Newser) - A widespread washout for US stocks dragged Wall Street lower on Thursday.
  • The Dow fell 533.06 points, or 1.3% to 40,665.02.
  • The S&P 500 fell 43.68 points, or 0.8%, to 5,544.59, pulling further from its all-time high set on Tuesday.
  • The
...

Chip Stocks Drop on Nasdaq's Worst Day Since 2022

But Dow jumped another 243 points

(Newser) - Wall Street's record-breaking rally ran into a wall on Wednesday as worries about potentially worsening trade tensions with China hit stocks of chip companies. That dragged indexes to their worst day in months on Wednesday, but conditions were less discouraging underneath the surface, the AP reports.
  • The S&P
...

Dow Leaps 743 Points Amid Widespread Rally
Dow Leaps 743 Points
Amid Widespread Rally
MARKETS
Jul 16, 2024 3:55 PM CDT

Dow Leaps 743 Points Amid Widespread Rally

UnitedHealth, Bank of America report stronger profits than expected

(Newser) - US stocks rose to records on Tuesday after several big companies delivered better-than-expected profits for the spring.
  • The S&P 500 rose 35.98 points, or 0.6%, to 5,667.20 to top its all-time high set last week.
  • The Dow Jones Industrial Average rose 742.76 points, or
...

Dow Closes Above 40K Again
Dow Closes Above 40K Again
MARKETS
Jul 12, 2024 3:12 PM CDT

Dow Closes Above 40K Again

And the S&P 500 is back over 5,600

(Newser) - It was another strong day on Wall Street Friday to close the week:
  • The S&P 500 rose 30 points, or 0.5%, to 5,615.
  • The Dow jumped 247 points, or 0.6%, to 40,000.90, the first time it has closed above 40,000 since doing so
...

Big Tech Puts a Damper on Good-News Inflation Day

S&P 500 slips a bit from its record high

(Newser) - Stocks had lackluster day on Thursday, despite a report showing that inflation had cooled more than expected:
  • The S&P 500 fell 49 points, or 0.8%, to 5,584.
  • The Dow rose 32 points, or 0.08%, to 39,753.
  • The Nasdaq, fell 364 points, or 1.9%, to
...

S&amp;P Closes Above 5,600 for First Time
S&P Closes Above
5,600 for First Time
MARKETS
Jul 10, 2024 3:35 PM CDT

S&P Closes Above 5,600 for First Time

Wall Street continues its rise into record territory

(Newser) - Stocks rose again on Wednesday, continuing Wall Street's record-setting run. The big highlight is that the S&P 500 closed above 5,600 points for the time ever, per the AP .
  • The S&P rose 56 points, or 1%, to 5,633.
  • The Dow rose 429 points, or 1%,
...

Benchmark S&P 500 Cracks Another Threshold

Index hits 5,600 for the first time

(Newser) - The S&P 500 index—seen as a more accurate reflection of the market than the Dow—eclipsed a new threshold on Wednesday by hitting 5,600 for the first time, reports CNBC . The benchmark index was up a modest 27 points around midday, or about 0.5%, but it...

Fed Chief Testifies, and Wall Street Is Mixed
Fed Chief Testifies,
and Wall Street Is Mixed
MARKETS
Jul 9, 2024 3:25 PM CDT

Fed Chief Testifies, and Wall Street Is Mixed

S&P 500 edges up to another record after Powell provides few hints

(Newser) - Stocks closed mixed on Wall Street Tuesday after testimony from Federal Reserve Chair Jerome Powell in front of Congress provided little new guidance on the Fed's plans for lowering interest rates, per the AP .
  • The S&P 500 ticked up 4 points to 5,576, another record close.
  • The
...

On Slow Day, S&amp;P 500 Ekes Out Another Record
On Slow Day, S&P 500
Ekes Out Another Record
MARKETS
Jul 8, 2024 3:16 PM CDT

On Slow Day, S&P 500 Ekes Out Another Record

Fed chief Powell addresses Congress on Tuesday

(Newser) - Stocks wavered Monday but still managed record-high closes for the S&P 500 and Nasdaq:
  • The benchmark S&P 500 ticked up 5 points to 5,572.
  • The tech-focused Nasdaq gained 50 points to 18,403.
  • The Dow fell 31 points to 39,344.

More Records Fall After Jobs Report
More Records Fall
After Jobs Report
markets
Jul 5, 2024 3:35 PM CDT

More Records Fall After Jobs Report

Investors are pleased by signs that economic growth is slowing

(Newser) - US stocks rose to more records Friday after a highly anticipated report on the job market bolstered Wall Street's hopes that interest rates may soon get easier.
  • The Dow rose 67.87 points, or 0.2%, to close at 39,375.87.
  • The S&P 500 climbed 30.17
...

Wall Street Has Another Record Finish
Wall Street Has
Another Record Finish
MARKETS
Jul 3, 2024 3:25 PM CDT

Wall Street Has Another Record Finish

Benchmark S&P continues to climb

(Newser) - Wall Street's record-breaking rally kept going Wednesday after weak reports on the US economy kept the door open for possible cuts to interest rates, per the AP .
  • The S&P 500 rose 28 points, or 0.5%, to another record of 5,537.
  • The Dow slipped 23 points, or
...

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