stock market

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Decline Reverses as Bank, Tech Stocks Climb
Bank, Tech Stocks
Reverse Market's Drop
markets
May 23, 2022 3:57 PM CDT

Bank, Tech Stocks Reverse Market's Drop

S&P 500, Dow, and Nasdaq all post gains

(Newser) - Stocks closed higher Monday on Wall Street following seven weeks of declines that nearly ended the bull market that began in March 2020. Banks and technology stocks made some of the strongest gains, the AP reports, and bond yields rose. Concerns about inflation have been weighing on the market and...

Stock Market Slips Briefly Into Bear Market Territory

S&P 500 was down 20% from its high in January, though it didn't close there

(Newser) - (This file has been updated throughout to reflect the market's close.) The stock market had another volatile day of trading Friday, at one point dipping into bear territory before pulling out of it. In the afternoon, the benchmark S&P 500 reached a point at which it was...

Stock Market Edges Closer to Bear Market
Stock Market Edges
Closer to Bear Market
MARKETS
May 19, 2022 3:19 PM CDT

Stock Market Edges Closer to Bear Market

S&P slips again, though not as much as Wednesday

(Newser) - Stocks ended another volatile day lower on Wall Street Thursday, bringing the market closer to its first bear market since the beginning of the pandemic, per the AP . The S&P 500, the benchmark for many index funds, fell 22 points, or 0.5%, to 3,900. The Dow fell...

Retail Sales Report Gives Boost
Tech Stocks Lead Climb
markets
May 17, 2022 3:53 PM CDT

Tech Stocks Lead Climb

Retail sales report helps confidence

(Newser) - Stocks rose steadily throughout the day and ended Tuesday with broad gains as traders got back to buying again after a mostly miserable few weeks on Wall Street. Tech giants like Apple and Microsoft were among the biggest winners, and video game maker Take-Two Interactive jumped after forecasting better results...

Airline's Stock Soars After JetBlue Announces Hostile Bid

Spirit Airlines was up 13.6%

(Newser) - Stocks ended another wobbly day mostly lower on Wall Street Monday, extending a losing streak for markets. The S&P 500 couldn’t hold on to an afternoon gain and ended down 0.4%. The benchmark index is coming off a six-week losing streak. Tech companies were among the biggest...

Dow Gains, but Can&#39;t Avoid 7-Week Losing Streak
Dow Gains, but Can't Avoid
7-Week Losing Streak
MARKETS
May 13, 2022 3:06 PM CDT

Dow Gains, but Can't Avoid 7-Week Losing Streak

Index rises 466 points

(Newser) - Stocks rallied on Wall Street Friday, but not enough to claw back all the losses the market has taken in this volatile week of trading, per the AP . The Dow rose 466 points, or 1.4%, to 32,196; the S&P 500 rose 93 points, or 2.3%, to...

Stocks Trim Losses, but Finish Mostly Lower
Stocks Trim Losses,
but Finish Mostly Lower
MARKETS
May 12, 2022 3:17 PM CDT

Stocks Trim Losses, but Finish Mostly Lower

Crypto holders are feeling the pain, too

(Newser) - The selloff eased a bit on Thursday. The Dow fell 103 points to 31,730, while the S&P 500 fell 5 points to 3,930. The tech-heavy Nasdaq managed to tick up 6 points to 11,370. All three changes were just a fraction of a percent either up...

Stocks Drop After Inflation Report Is Worse Than Feared

Tech stocks led the way down

(Newser) - Stocks fell on Wall Street Wednesday, led by more drops in technology companies, after a report on inflation came in worse than feared. The S&P 500 fell 65.87 points, or 1.6%, to 3,935.18. The Dow Jones Industrial Average fell 326.63 points, or 1%, to...

Peloton Drops 8.7% After Reporting Fall in Sales

Tech gains helped S&P 500 revere slide

(Newser) - Stocks ended mixed on Wall Street Tuesday after a rally in technology companies helped reverse most of an early slide. The S&P 500 wound up 0.2% higher after giving up most of an early gain of 1.9%. It also traded in the red around midday. Big technology...

Tech Stocks Hit Wrong Kind of Milestone


Is the Tech
Bubble
Bursting?
May 10, 2022 6:30 AM CDT

Is the Tech Bubble Bursting?

Leading companies have lost $1T in value in just 3 days, reports CNBC

(Newser) - Soaring tech stocks hit all kinds of milestones as they led a market resurgence. Now comes a milestone of the opposite variety: CNBC reports that the biggest companies in the sector have lost a combined $1 trillion in value in just the last three days of trading. Apple has fared...

Wall Street&#39;s Losses Worsen
Wall Street's 
Losses Worsen
MARKETS
May 9, 2022 3:36 PM CDT

Wall Street's Losses Worsen

S&P 500 is at its lowest in more than a yer

(Newser) - Stocks deepened their losses on Wall Street Monday, sending the S&P 500 to its lowest close in more than a year. The benchmark index is coming off its fifth weekly loss in a row as renewed worries about China’s economy piled on top of markets already battered by...

Wall Street Drops Again, but Not as Far
Wall Street Drops Again,
but Not as Far
MARKETS
May 6, 2022 3:12 PM CDT

Wall Street Drops Again, but Not as Far

Dow slips 98 points

(Newser) - Stocks had a relatively calm day to finish the week. All the major indexes fell, but nothing on the scale of Thursday's rout. The Dow dropped 98 points to 32,899, the S&P 500 fell 23 points to 4,123, and the Nasdaq fell 173 points to 12,...

Wall Street Reverses Rally a Day Earlier
Rally Turns Out to Be
a Single-Day Event
markets
May 5, 2022 3:55 PM CDT

Rally Turns Out to Be a Single-Day Event

Dow drops 1K points as concern about interest rates builds

(Newser) - A sharp sell-off left the Dow Jones Industrial Average more than 1,000 points lower Thursday, wiping out the gains from Wall Street's biggest rally in two years, as worries grow that the higher interest rates the Federal Reserve is using in its fight against inflation will slow the...

Wall Street Is Having a Rough Day
It's Been a Brutal
Morning on Wall Street
MARKETS
May 5, 2022 11:00 AM CDT

It's Been a Brutal Morning on Wall Street

Dow falls more than 1K, and tech stocks are cratering a day after Fed move

(Newser) - Stocks are slumping in a big way on Wall Street, erasing a rally from a day earlier as markets assess the looming fallout from the Federal Reserve's stepped-up fight against inflation. Around noon, the Dow had fallen more than 1,100 points, or 3.2%, and the S&P...

After Fed Chair's Remarks, Stocks Soar to Biggest Gain in 2 Years

Jerome Powell downplayed chances of even bigger rate increase

(Newser) - Stocks soared to their biggest gain in two years Wednesday and bond yields dropped after Federal Reserve Chair Jerome Powell downplayed the likelihood of an even larger rate increase than the one announced Wednesday. That allayed concerns that the central bank was on its way to a massive increase of...

Investors Are 'Positioning' Ahead of Fed Rate Decision

Indexes edged higher Tuesday

(Newser) - Stock closed modestly higher on Wall Street Tuesday as investors await Wednesday’s decision by the Federal Reserve on interest rates. The S&P 500 rose 20.10 points, or 0.5%, to 4,175.48. The Dow Jones Industrial Average rose 67.29 points, or 0.2%, to 33,...

Late Rally From Tech Stocks Erases Early Wall St. Slump

Bond yields hit highest level since 2018

(Newser) - A late rally in big technology stocks erased an afternoon slump on Wall Street and left major indexes moderately higher. The uneven start to May followed a brutal April in which widespread technology sell-offs dragged down major benchmarks. Facebook’s parent company and chipmaker Nvidia each rose 5.3%. The...

Nasdaq Has Worst Month Since Crisis of 2008
Nasdaq Has Worst Month
Since Crisis of 2008
MARKETS
Apr 29, 2022 3:08 PM CDT

Nasdaq Has Worst Month Since Crisis of 2008

It's another brutal day on Wall Street

(Newser) - The best thing Wall Street investors can say about the month of April is that it's over. Friday was another miserable day, with Amazon's gloomy earnings and resulting stock drop leading the way to a rout in tech stocks, reports the Wall Street Journal . The Dow fell 939...

Facebook, Tech Stocks Lift Market to Big Day
Facebook, Tech Stocks
Lift Market to Big Day
MARKETS
Apr 28, 2022 3:16 PM CDT

Facebook, Tech Stocks Lift Market to Big Day

Dow rises more than 600 points

(Newser) - Stocks have been up-and-down all week, but they were most definitely on the up side Thursday. The Dow rose 614 points, or 1.8%, to 33,916; the S&P 500 rose 103 points, or 2.4%, to 4,287; and the tech-heavy Nasdaq did best of all, rising 382...

Boeing Among the Losers in Wobbly Day on Wall St.

'Everyone is dealing with this sort of whack-a-mole of risks'

(Newser) - Stocks ended with meager gains on Wall Street Wednesday, stabilizing after a sell-off in tech stocks a day earlier. It’s the latest turbulence for the market as traders brace for more earnings reports from major US companies. The S&P 500 saw most of a midday rally evaporate and...

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