stock market – News Stories About stock market - Page 34

Nation's Banks Throw $30B
Lifeline to One Struggling

MARKETS

Mar 16, 2023 3:25 PM CDT

Nation's Banks Throw $30B Lifeline to One Struggling

As a result of the help for First Republic, the stock market had a strong day

(Newser) - Stocks rallied on Thursday after a group of big banks offered a lifeline to a bank Wall Street had zeroed in on in its hunt for the next victim in the industry’s struggles, per the AP . The benchmark S&P 500 jumped nearly 2% Thursday, erasing earlier losses following...

Wall Street Pares
Big Losses Before
Closing Bell

MARKETS

Mar 15, 2023 3:53 PM CDT

Wall Street Pares Big Losses Before Closing Bell

Fears of global banking crisis shook markets

(Newser) - Stocks fell Wednesday amid fresh worries about the banking sector, although Wall Street more than halved its losses by the closing bell. The S&P 500 fell 27.36 points, or 0.7%, to 3,891.93. The Dow Jones Industrial Average fell 280.83 points, or 0.9%, to...

Stocks Climb as
Traders Bet on
Pause in Rate Hikes

MARKETS

Mar 14, 2023 3:40 PM CDT

Stocks Climb as Traders Bet on Pause in Rate Hikes

Bank stocks are starting to bounce back

(Newser) - Stocks closed higher on Wall Street Tuesday as some of the most breathtaking moves from a manic Monday reversed course. The S&P 500 rose 64.80 points, or 1.7%, to 3,920.56 after a report showed inflation is still high , though no more than expected. The Dow...

It Was a Bad Day
for Bank Stocks

MARKETS

Mar 13, 2023 3:46 PM CDT

It Was a Bad Day for Bank Stocks

But other stocks rose amid hopes Fed will now hold off on rate hikes

(Newser) - Bank stocks tumbled Monday on worries about what’s next to break, following the second- and third-largest bank failures in US history. But many other stocks rose Monday on hopes the bloodletting will force the Federal Reserve to take it easier on the hikes to interest rates that are shaking...

Bank Failure Keeps
Wall Street in Sour Mood

MARKETS

Mar 10, 2023 3:20 PM CST

Bank Failure Keeps Wall Street in Sour Mood

All the major indexes fall again

(Newser) - Stocks fell again on Friday after the largest US bank failure in more than a decade raised worries on Wall Street about what's next to break as interest rates keep climbing.

The Dow fell 345 points, or 1%, to 31,909.
The S&P 500 fell 56 points, or

...

Dow Selloff Accelerates
as Bitcoin Sinks, Too

MARKETS

Mar 9, 2023 3:23 PM CST

Dow Selloff Accelerates as Bitcoin Sinks, Too

Fed chief Powell's testimony to Congress doesn't sit well on Wall Street

(Newser) - Stocks fell broadly Thursday on Wall Street and added to the week’s losses as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation, per the AP .

The Dow fell 543 points, or 1.6%, to 32,254.
The S&P 500

...

Fed Chair's Latest Remarks
Give Markets Solace

MARKETS

Mar 8, 2023 3:49 PM CST

Fed Chair's Latest Remarks Give Markets Solace

'We’re not on a preset path' to bigger rate hikes, Powell says

(Newser) - Stocks drifted to a mixed close on Wall Street a day after sinking to one of their worst days of the year. The S&P 500 rose 5.64 points, or 0.1%, to 3,992.01. The Dow Jones Industrial Average fell 58.06 points, or 0.2%, to...

Dow Drops 575 Points After
Warning From Fed Chief

MARKETS

Mar 7, 2023 3:56 PM CST

Dow Drops 575 Points After Warning From Fed Chief

Powell says rate hikes could be stepped up

(Newser) - Stocks sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation. The S&P 500 fell 62.05 points, or 1.5%, to 3,986.37. The Dow Jones Industrial Average fell...

Fed Chair Has
More Bad News

Mar 7, 2023 10:45 AM CST

Fed Chair Has More Bad News

Guess what? Higher interest rates likely coming

(Newser) - Jerome Powell opened his mouth on Tuesday before the Senate Banking Committee, Wall Street listened and wasn't happy, and probably no one who's possession of a variable interest rate will be, either. "The latest economic data have come in stronger than expected, which suggests that the ultimate...

With a Big Week Ahead,
Markets Are in a
Holding Pattern

MARKETS

Mar 6, 2023 3:49 PM CST

With a Big Week Ahead, Markets Are in a Holding Pattern

Friday jobs report could cause big swing

(Newser) - Stocks drifted to a mixed close Monday as Wall Street remained in a holding pattern ahead of a potentially big week. The S&P 500 rose 2.78 points, or 0.1%, to 4,048.42 after coming off its first winning week in the last four. The Dow Jones...

Dow Snaps 4-Week
Losing Streak

Mar 3, 2023 3:26 PM CST

Dow Snaps 4-Week Losing Streak

All the major indexes have a strong Friday

(Newser) - Stocks rallied on Wall Street on Friday, climbing to their biggest gain in six weeks.

The S&P 500 jumped 64 points, or 1.6%, to 4,045.
The Dow rose 387 points, or 1.1%, to 33,390.
The Nasdaq rose 226 points, or nearly 2%, to 11,689.

...

Fed Official's Comments
Lift Wall Street's Mood

MARKETS

Mar 2, 2023 3:25 PM CST

Fed Official's Comments Lift Wall Street's Mood

Dow rises 341 points

(Newser) - Stocks closed higher Thursday on Wall Street for the first time in three days, thanks in part to easing fears about the Federal Reserve's plans for interest rates.

The S&P 500 rose 29 points, or 0.7%, to 3,981.
The Dow rose 341 points, or 1%, to

...

Stocks Open March
With More Losses

MARKETS

Mar 1, 2023 3:46 PM CST

Stocks Open March With More Losses

Investors expect interest rates to stay higher for longer

(Newser) - Most stocks marched lower Wednesday as stubbornly sticky inflation has Wall Street bracing for interest rates to stay higher for longer. The S&P 500 fell 18.76 points, or 0.5%, to 3,951.39 in its first trading after coming off a frigid February. The Dow rose 5....

Tough Month for Stocks
Ends With More Losses

MARKETS

Feb 28, 2023 4:13 PM CST

Tough Month for Stocks Ends With More Losses

Norwegian Cruise Line tumbles 10.2%

(Newser) - A frigid February for Wall Street closed out with more losses on Tuesday. The S&P 500 fell 0.3% points to 3,970.15 to lock in a loss of 2.6% for the month. The Dow Jones Industrial Average fell 232.39 points, or 0.7%, to 32,...

Stocks Claw Back
Some of Their Losses

MARKETS

Feb 27, 2023 3:35 PM CST

Stocks Claw Back Some of Their Losses

Union Pacific was among the winners

(Newser) - Stocks closed slightly higher Monday, clawing back some of the losses from their worst week since early December. The S&P 500 rose 12.20 points, or 0.3%, to 3,982.24 for only its second gain in the last seven days. The Dow Jones Industrial Average rose 72....

Stocks Just Had Their
Worst Week of the Year

MARKETS

Feb 24, 2023 3:23 PM CST

Stocks Just Had Their Worst Week of the Year

A new report on inflation spooks investors

(Newser) - Stocks sank Friday on Wall Street and closed out their worst week since early December amid new fears about inflation.

The S&P 500 fell 1.1% Friday to cap its third straight loss. The benchmark index dropped 42 points to 3,970.
The Dow fell 336 points, or 1%,

...

Dow Snaps a Losing Streak

MARKETS

Feb 23, 2023 3:13 PM CST

Dow Snaps a Losing Streak

Markets rise for the first time in 4 trading days

(Newser) - Stocks drifted upward in late trading on Thursday to snap a four-day losing streak on Wall Street.

The Dow rose 108 points, or 0.3%, to 33,153.
The S&P 500 rose 21 points, or 0.5%, to 4,012.
The Nasdaq rose 83 points, or 0.7%, to

...

2 Companies Drop After
Reporting Strong Results

MARKETS

Feb 22, 2023 3:40 PM CST

2 Companies Drop After Reporting Strong Results

Investors are worried about outlook for future orders

(Newser) - Stocks ended mixed a day after falling to their worst loss since December, as Wall Street prepares for interest rates to stay higher for longer. The S&P 500 fell 6.29 points, or 0.2%, to 3,991.05 Wednesday after drifting between small gains and losses. The Dow...

Dow Drops 697 Points
Amid Interest Rate Worries

MARKETS

Feb 21, 2023 3:48 PM CST

Dow Drops 697 Points Amid Interest Rate Worries

It was Wall Street's worst day in 2 months

(Newser) - Stocks tumbled to their worst day in two months Tuesday, buckling under worries about higher interest rates and their tightening squeeze on Wall Street and the economy. The S&P 500 fell 81.75 points, or 2%, to 3,997.34 for its sharpest drop since the market was selling...

Up-and-Down Week
Ends in Fitting Fashion

MARKETS

Feb 17, 2023 3:12 PM CST

Up-and-Down Week Ends in Fitting Fashion

Dow is up and S&P is down

(Newser) - The accurate description of Wall Street on Friday: mixed. The Dow jumped 129 points, or 0.3%, to 33,826; the S&P 500 fell 11 points, or 0.2%, to 4,079; and the Nasdaq fell 68 points, or 0.5%, to 11,787. That marks back-to-back weekly losses...