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Oil Prices Slump as Shanghai Lockdown Begins
Crude Oil Prices Plunge
as Shanghai Locks Down
MARKETS

Crude Oil Prices Plunge as Shanghai Locks Down

Tesla jumps 8% on stock split news

(Newser) - Stocks shook off a midday slump and closed higher on Wall Street, though energy companies ended in the red as crude oil prices fell sharply. Tesla jumped 8% after saying it would seek shareholder approval to do another stock split. US crude oil slumped 7% and Brent crude, the international...

S&amp;P 500 Erases Losses From Russia&#39;s Invasion
S&P 500 Erases Losses
From Russia's Invasion
MARKETS

S&P 500 Erases Losses From Russia's Invasion

Benchmark index rises for second straight week

(Newser) - Major stock indexes posted gains on Friday as the benchmark S&P 500 registered its second winning week in a row. In fact, CNBC notes a milestone: The index has erased the losses it suffered in the immediate aftermath of Russia's invasion of Ukraine. On Friday, the S&P...

Stocks Rebound, Continuing Their Seesaw
Stocks Rebound,
Continuing Their Seesaw
MARKETS

Stocks Rebound, Continuing Their Seesaw

Dow rises nearly 350 points

(Newser) - The stock market on Thursday reclaimed much of the losses it endured on Wednesday . The Dow rose 349 points to 34,707, the S&P 500 rose 63 points to 4,520, and the Nasdaq rose 269 points to 14,191. All the gains were more than 1%, and the...

Stocks Fall as Oil Jumps More Than 4%
Dow Drops 449 Points
as Oil Rises Sharply
MARKETS

Dow Drops 449 Points as Oil Rises Sharply

Brent crude was up nearly 5%

(Newser) - Stocks closed lower on Wall Street Wednesday, giving back nearly all of the gains they made a day earlier, as crude oil prices rose sharply again. Technology, health care, and financial stocks were among the biggest losers. Retailers and communications companies also lost ground. The S&P 500 fell 55....

Indexes Bounce Back From Monday&#39;s Drop
Tech, Banking Stocks
Send Indexes Higher
MARKETS

Tech, Banking Stocks Send Indexes Higher

Dow rose 254 points

(Newser) - Stocks closed higher on Wall Street Tuesday and oil prices eased as investors remained focused on the outlook for inflation. The indexes more than made up for a modest pullback for stocks to start the week, the AP reports. Energy stocks slipped as oil prices fell. The S&P 500...

Stocks Retreat From Some of Last Week&#39;s Gains
Boeing Stock Slides
After China Crash
MARKETS

Boeing Stock Slides After China Crash

(Newser) - Wall Street ended modestly lower Monday after giving up an early gain and bouncing around for much of the day. The indecisive trading came on the first trading day after the market posted its best week since November 2020 and as the chair of the Federal Reserve said the central...

Market Just Had Best Week Since 2020
Stocks Post Best Week
Since 2020
MARKETS

Stocks Post Best Week Since 2020

All the major indexes rise again

(Newser) - The stock market rose again on Friday, putting the wraps on its best week since November 2020, reports CNBC . The benchmark S&P 500 rose 51 points to 4,463, good for a weekly gain of more than 5%. The Dow rose 273 points to 34,754, also up 5%...

Stocks Extend Rally Even as Oil Climbs Again
Stocks Extend Rally
Even as Oil Climbs Again
MARKETS

Stocks Extend Rally Even as Oil Climbs Again

Benchmark S&P rises more than 1%, as does the Dow

(Newser) - Wall Street extended a rally into a third day on Thursday, even as oil prices jumped back above $100 per barrel. The benchmark S&P 500 rose 53 points to 4,411, notching a 1.2% gain after drifting between small gains and losses in the early going, per the...

Stocks, Bond Yields Rise Sharply After Fed Announcement

S&P 500 jumped 2.2%

(Newser) - Stocks shook off an afternoon stumble and ended higher on Wall Street Wednesday after the Federal Reserve announced its first interest rate hike since 2018. Bond yields also rose as the Fed started to shift its policy to fighting inflation, the AP reports. The S&P 500 rose 95.41...

Stocks Rally as Oil Price Tumbles Again
Stocks Rally
as Oil Price
Tumbles Again
MARKETS

Stocks Rally as Oil Price Tumbles Again

Dow surged almost 600 points

(Newser) - Stocks closed higher on Wall Street Tuesday as inflation worries ebbed and oil prices slid. The S&P 500 gained 2.1% after a report showed inflation’s rapid acceleration paused at the wholesale level last month, the AP reports. Oil tumbled more than 6%. Treasury yields were mixed as...

Markets Slide Lower Ahead of Fed Meeting
US Oil Price
Drops Almost 6%
MARKETS

US Oil Price Drops Almost 6%

Traders exercise caution ahead of Fed meeting

(Newser) - Stocks swayed lower on Wall Street Monday, crude oil prices fell, and bond yields rose sharply as waves of market-moving forces crashed into each other. Markets remained jumbled as investors try to assess the various impacts on the economy from the war in Ukraine, upcoming rate hikes from the Federal...

Dow Racks Up 5th Straight Losing Week
Dow Racks Up
5th Straight Losing Week
MARKETS

Dow Racks Up 5th Straight Losing Week

Early optimism out of Ukraine does not hold up

(Newser) - The boost of optimism on Ukraine that gave the markets an early boost could not be sustained. In the end, all the major indexes finished in the red on Friday and the Dow logged its fifth straight losing week, reports CNBC . The Dow dropped 229 points to 32,944, the...

Seesawing Dow Decides to Dip This Time
Seesawing Dow Decides
to Dip This Time
MARKETS

Seesawing Dow Decides to Dip This Time

Index fall 112 points after Wednesday's strong gains

(Newser) - The only thing consistent about the stock market these days is the volatility. After a great day Wednesday, the markets slipped back into negative territory on Thursday—though nowhere near the depths of early in the week. The Dow fell 112 points to 33,174, the S&P 500 fell...

Stocks Just Had Their Biggest Jump Since 2020
Stocks Surge Back Up
as Oil Price Drops
MARKETS

Stocks Surge Back Up as Oil Price Drops

It was Wall Street's best day since June 2020

(Newser) - Stocks had their biggest jump since June 2020 Wednesday as a sharp drop in oil prices eased fears that inflation was about to get worse around the globe. The S&P 500 rose 2.6%. The rally broke a four-day losing streak for stocks but wasn’t enough to erase...

Markets Close Lower After US Bans Russian Oil
Nickel Trading Halted
After Price Doubles
MARKETS

Nickel Trading Halted After Price Doubles

(Newser) - Stocks ended lower after another day of yo-yoing between gains and losses after crude oil prices rose anew as the US banned imports from Russia. The price of nickel surged so much that trading for the metal was shut on Tuesday as the economic fallout from Russia’s invasion of...

Markets Plunge as Oil Price Touches $130 a Barrel
S&P 500 Just Had Its
Biggest Drop in 16 Months
MARKETS

S&P 500 Just Had Its Biggest Drop in 16 Months

Oil price briefly touched $130 a barrel

(Newser) - Stocks fell sharply on Wall Street Monday after another big leap for oil prices threatened to squeeze inflation’s grip on the global economy. The S&P 500 fell 3%, its biggest drop in 16 months, after a barrel of US crude surged to nearly $120 on the possibility that...

US, Allies Move Closer to Big Step Against Russia

Investors bracing for a ban on Russian oil imports

(Newser) - It's a familiar story on the world markets Monday: Oil prices keep rising and stocks keep falling. Investors are particularly nervous because the US and its allies appear poised to take a major step against Russia and ban the import of oil and natural gas, reports CNBC . The global...

Ukraine Worries Overshadow a Strong Jobs Report

Market racks up fourth straight losing week

(Newser) - Often, a stronger-than-expected jobs report translates into a strong day for the market. Not so on Friday, thanks to the Russian invasion of Ukraine. The Dow fell 179 points to 33,614, the S&P 500 fell 34 points to 4,328, and the Nasdaq fell 224 points to 13,...

Dow Slips Into the Red
Dow Slips Into the Red
MARKETS

Dow Slips Into the Red

Index had been positive most of the day

(Newser) - The markets dropped into negative territory late in the trading day after being up most of the session prior to that, reports CNBC . In the end, the Dow fell 96 points to 33,794, the S&P fell 23 points to 4,363, and the Nasdaq fell 214 points to...

Markets Roar Back Despite 7% Jump in Oil Price
Wall Street Is
Back in Rally Mode
MARKETS

Wall Street Is Back in Rally Mode

Indexes jumped despite war worries, spike in oil prices

(Newser) - Wall Street took another sharp swing Wednesday, this time back to rally mode, as stocks and Treasury yields rose even as oil prices continued to climb. The S&P 500 rose 1.9%, putting it back into the green for the week, after Federal Reserve Chair Jerome Powell said he...

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