stock market

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Utilities, Energy Stocks Slump
Utilities Drop Sharply as
Treasury Yields Rise
MARKETS
Oct 2, 2023 3:46 PM CDT

Utilities Drop Sharply as Treasury Yields Rise

Energy stocks dropped, as did oil prices

(Newser) - Most stocks closed lower Monday as the constrictor of higher interest rates tightens its coils around Wall Street. The S&P 500 ended little changed, while the Dow Jones Industrial Average fell 74 points, and the Nasdaq composite rose 0.7%. Slumps for oil-and-gas stocks weighed on the market after...

Wall Street Ends Worst Month of the Year
Wall Street Ends
Worst Month of the Year
MARKETS
Sep 29, 2023 3:15 PM CDT

Wall Street Ends Worst Month of the Year

Benchmark S&P 500 index is down about 5% for September

(Newser) - Wall Street has put the wraps on a miserable September, with the benchmark S&P 500 logging its worst month of the year.
  • The S&P slipped 11 points Friday, or 0.2%, to 4,288, and lost about 5% for the month, per CNBC .
  • The Dow fell 158 points,
...

Wall Street Rises, Still on Track for Lousy Month

Dow was up more than 100 points on Thursday

(Newser) - Wall Street ticked higher Thursday as the pressures squeezing it this month from the oil and bond markets relaxed a bit.
  • The S&P 500 rose 25 points, or 0.5%, to 4,299.
  • The Dow rose 116 points, or 0.3%, to 33,666.
  • The Nasdaq rose 108 points,
...

Rising Oil Prices, Bond Yields Add to Pressure on Stocks
Surging Bond Yields
Add to Pressure on Stocks
MARKETS
Sep 27, 2023 3:46 PM CDT

Surging Bond Yields Add to Pressure on Stocks

Spurt in crude prices boosts energy stocks

(Newser) - Wall Street yo-yoed to a mixed finish Wednesday as rising oil prices and bond yields cranked up the pressure even higher on the stock market.
  • The S&P 500 rose 0.98 points, or less than 0.1%, to 4,274.51.
  • The Dow Jones Industrial Average fell 68.61
...

Amazon Drops 4% After Huge Antitrust Lawsuit Filed

Stocks drop to lowest level since June

(Newser) - Wall Street's ugly September got even worse Tuesday, as a sharp drop for stocks brought them back to where they were in June.
  • The S&P 500 tumbled 63.91 points, or 1.5%, to 4,273.53 for its fifth loss in the last six days.
  • The Dow
...

Oil-Related Stocks Rise as Markets Claw Back Losses

But Monday was a bad day for travel stocks

(Newser) - Wall Street clawed back some of its steep losses from last week, but September is still on track to be its worst month of the year despite Monday's gains.
  • The S&P 500 rose 17.38, or 0.4%, to 4,337.44, coming off its worst week in
...

Wall Street Ends Rough Week With Smaller Losses
Wall Street Ends Rough
Week With Smaller Losses
MARKETS
Sep 22, 2023 3:15 PM CDT

Wall Street Ends Rough Week With Smaller Losses

Dow falls more than 100 points

(Newser) - Wall Street slipped again on Friday, but with losses not as large as earlier in the week.
  • The S&P fell by 9 points to 4,320.
  • The Dow fell 106 points to 33,963.
  • The Nasdaq fell 12 points to 13,211.
  • For the week, the S&P was
...

Wall Street Still Falling After Fed's Prediction

Dow drops 370 points

(Newser) - Wall Street tumbled again Thursday as stock prices dropped worldwide on expectations that US interest rates will stay high well into next year. Fears of a government shutdown aren't helping, either.
  • The S&P 500 fell 72 points, or 1.6%, to 4,330.
  • The Dow fell 370 points,
...

Stocks Slump After Fed&#39;s Latest Projections
Stocks Drop as Fed's
Latest Projections Sink In
MARKETS
Sep 20, 2023 3:35 PM CDT

Stocks Drop as Fed's Latest Projections Sink In

Rates may only go down by half a point next year

(Newser) - US stocks slumped after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. The S&P 500 fell 41.75 points, or 0.9%, to 4,402.20. The Dow Jones Industrial...

Instacart Makes Market Debut
Instacart Makes Market Debut
MARKETS
Sep 19, 2023 3:37 PM CDT

Instacart Makes Market Debut

Its shares rose 12.3% as wider market slipped

(Newser) - Stocks slipped as Wall Street waits for the Federal Reserve's latest decision on interest rates. The S&P 500 fell 9.58 points, or 0.2%, to 4,443.95 Tuesday. The Dow Jones Industrial Average fell 106.57 points, or 0.3%, to 34,517.73. The Nasdaq...

Ford, GM Stock Drops as Strike Continues
Strike Hits Ford, GM Stock
MARKETS
Sep 18, 2023 3:50 PM CDT

Strike Hits Ford, GM Stock

Rise in oil lifts energy producers

(Newser) - US stocks drifted in quiet trading Monday, as Wall Street made few big moves overall in advance of the Federal Reserve's next meeting on interest rates. The S&P 500 edged up by 3.21 points, or 0.1%, to 4,453.53, coming off its second straight losing week....

Auto Stocks Steady Amid Strike, Broader Market Sinks

Benchmark S&P 500 loses more than 1%

(Newser) - Major stock indexes turned lower on Wall Street on Friday to bring a choppy week to a close.
  • The S&P 500 fell 54 points, or 1.2%, to 4,450.
  • The Dow fell 288 points, or 0.8%, to 34,618.
  • The Nasdaq fell 217 points, or 1.5%,
...

Stocks Rise, Along With Hopes for IPO Market
Stocks Rise, Along With
Hopes for IPO Market
MARKETS
Sep 14, 2023 3:23 PM CDT

Stocks Rise, Along With Hopes for IPO Market

Dow is up more than 300 points

(Newser) - Stocks rose across the board on Thursday after a blizzard of reports suggested the US economy is still humming—though inflation may be, too, per the AP .
  • The Dow rose 331 points, or 0.9%, to 34,907. It was the index's best day since early August, notes CNBC
...

Wall Street Churns After Inflation Data Arrives
Wall Street Churns After
Inflation Data Arrives
MARKETS
Sep 13, 2023 3:50 PM CDT

Wall Street Churns After Inflation Data Arrives

Rate was only slightly higher than expected

(Newser) - Stocks churned to a mixed close on Wall Street after a highly anticipated report showed inflation accelerated across the country last month, but not by much more than expected. The S&P 500 rose 5.54 points, or 0.1%, to 4,467.44. The Dow Jones Industrial Average fell...

Oracle Tumbles 14% Despite Strong Profits
Oracle Tumbles 14%
Despite Strong Profits
MARKETS
Sep 12, 2023 3:51 PM CDT

Oracle Tumbles 14% Despite Strong Profits

Revenue forecast was below expectations

(Newser) - Stocks drifted to a lower close Tuesday as Wall Street waited for highly anticipated reports later this week about inflation and the economy. The S&P 500 fell 25.56 points, or 0.6%, to 4,461.90. The Dow Jones Industrial Average slipped 17.73 points, or 0.1%,...

Big Rally for Big Tech Lifts Markets
Tesla Jumps 10.1% as
Tech Stocks Lift Markets
MARKETS
Sep 11, 2023 3:59 PM CDT

Tesla Jumps 10.1% as Tech Stocks Lift Markets

Wall Street claws back around half its losses from last week

(Newser) - A rally for Big Tech stocks on Monday helped Wall Street claw back about half its loss from last week. The S&P 500 rose 29.97, or 0.7%, to 4,487.46, coming off its first losing week in the last three. The Dow Jones Industrial Average gained...

Listless Wall Street Has a Losing Week
Listless Wall Street
Has a Losing Week
MARKETS
Sep 8, 2023 3:15 PM CDT

Listless Wall Street Has a Losing Week

Markets saw modest gains on Friday

(Newser) - Stocks ended Friday with modest gains, but the benchmark S&P 500 posted its first losing week in the last three:
  • The S&P 500 rose 6 points on Friday to 4,457.
  • The Dow rose 75 points to 34,576.
  • The Nasdaq rose 12 points to 13,761.
  • For
...

Apple Slides Again, and the Market Follows
Apple Slides Again,
and the Market Follows
MARKETS
Sep 7, 2023 3:42 PM CDT

Apple Slides Again, and the Market Follows

Fears of higher rates continue to worry Wall Street

(Newser) - Wall Street slipped Thursday on worries that a too-warm economy will push the Federal Reserve to keep interest rates higher for longer.
  • The S&P 500 fell 14.34 points, or 0.3%, to 4,451.14.
  • The Dow Jones Industrial Average rose 57.54 points, or 0.2%, to
...

Roku Rises After Announcing Job Cuts
Roku Rises After
Announcing Job Cuts
MARKETS
Sep 6, 2023 3:50 PM CDT

Roku Rises After Announcing Job Cuts

But major indexes dropped for a 2nd day

(Newser) - Stocks fell on Wall Street, continuing a weak stretch on this holiday-shortened week. The S&P 500 fell 31.35 points, or 0.7%, to 4,465.48. The Dow Jones Industrial Average fell 198.78 points, or 0.6%, to 34,443.19. The Nasdaq composite fell 148.48...

Oil Prices Rise After Russia, Saudis Extend Production Cut

Indexes closed lower after 2 weeks of gains

(Newser) - Stocks closed lower on Wall Street Tuesday as traders returned from a long holiday weekend. The S&P 500 fell 18.94 points, or 0.4%, to 4,496.83. The index is coming off its second weekly gain. The Dow Jones Industrial Average fell 195.74 points, or 0....

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