stock market – News Stories About stock market - Page 86

MARKETS

Jan 28, 2019 3:11 PM CST

Stocks Sink on China Slowdown Fears

Dow ends day down 208

(Newser) - Stocks are closing broadly lower on Wall Street as traders worry about the impact on US companies of a slowdown in China's economy, the AP reports. Caterpillar dropped 9.1% Monday after the heavy equipment maker reported earnings that were far below what analysts were expecting. Nvidia sank 13....

Markets Rise, but 4-Week
Winning Streak Is Snapped

Jan 25, 2019 3:15 PM CST

Markets Rise, but 4-Week Winning Streak Is Snapped

Dow climbs 183 points

(Newser) - Stocks closed higher on Wall Street Friday but still wound up with a weekly loss, ending a four-week winning streak. The S&P 500 index rose 22 points to 2,664, the Dow Jones Industrial Average climbed 183 points to 24,737, and the Nasdaq added 91 points to 7,...

Stocks See Mixed Finish

MARKETS

Jan 24, 2019 3:16 PM CST

Stocks See Mixed Finish

S&P 500, Nasdaq edge up; Dow closes lower

(Newser) - Stocks finished mostly higher after another day of mixed trading, the AP reports. Chipmakers led a rally among technology stocks Thursday. Xilinx jumped 18.4% after reporting results that beat forecasts. PG&E surged 24.9% after investigators ruled that the utility was not at fault for a Northern California...

Dow Ends Day Up 171

MARKETS

Jan 23, 2019 3:04 PM CST

Dow Ends Day Up 171

US stock indexes end with meager gains

(Newser) - Major stock indexes wound up slightly higher after a day of wandering between small gains and losses, the AP reports. Consumer products makers rose Wednesday, led by a 4.9% jump in Procter & Gamble after the company reported strong results for its latest quarter. Most other sectors in the...

Stocks Skid on
Economic Growth Worries

MARKETS

Jan 22, 2019 3:00 PM CST

Stocks Skid on Economic Growth Worries

Dow ends day down 301

(Newser) - Stocks are closing with sharp losses amid new signs the global economy is slowing, the AP reports. The International Monetary Fund on Tuesday cut its 2019 growth forecast, pointing to heightened trade tensions and rising interest rates. Technology and energy companies skidded. So did industrial companies, hurt by the slower...

US-China Trade Hopes
Bolster Markets

MARKETS

Jan 18, 2019 3:24 PM CST

US-China Trade Hopes Bolster Markets

China offered to spend more on US goods and services

(Newser) - Stocks closed higher Friday as renewed hopes for progress in trade talks between the US and China contribute to optimism on Wall Street, per the AP . Bloomberg News reported that China's government offered to buy more goods and services from the US, potentially eliminating its trade deficit by 2024....

Talk of Tariff Cuts
Prompts Stock Increases

MARKETS

Jan 17, 2019 3:27 PM CST

Talk of Tariff Cuts Prompts Stock Increases

Technology, health care, and defense stocks all increase

(Newser) - US stocks closed with solid gains after the Wall Street Journal reported that some US officials want to reduce the Trump administration's new tariffs on Chinese imports, per the AP . Technology and industrial companies jumped Thursday. Nvidia rose 1.9% and Boeing added 2%. Health care companies also rose,...

Banks Lead
Stock Gains
on Wall Street

MARKETS

Jan 16, 2019 3:16 PM CST

Banks Lead Stock Gains on Wall Street

Dow ends day up 141

(Newser) - Strong earnings from several big banks powered more gains on Wall Street, with Goldman Sachs and Bank of America leading the way, the AP reports. Goldman Sachs jumped 9.5% Wednesday, its biggest gain in 10 years, after the bank said gains in its advisory business offset a rough quarter...

Dow Ends Day Up 155

MARKETS

Jan 15, 2019 3:16 PM CST

Dow Ends Day Up 155

Stocks close at highest level in a month

(Newser) - US stocks rallied to their highest level in more than a month after China's government moved to inject more life into its economy by cutting taxes, the AP reports. Netflix led a surge in high-tech companies Tuesday after announcing a series of price increases. The video streaming company surged...

Stocks Move Lower
on Wall Street

MARKETS

Jan 14, 2019 3:11 PM CST

Stocks Move Lower on Wall Street

Dow ends day down 86

(Newser) - Stocks are closing lower on Wall Street after China reported a surprise drop in exports last month, renewing concerns about that country's economy, the AP reports. Technology and health care companies took some of the biggest losses Monday. Apple lost 1.5% and Merck gave up 2%. A strong...

Markets End Week
With a Mixed Finish

MARKETS

Jan 11, 2019 3:24 PM CST

Markets End Week With a Mixed Finish

Falling oil prices pulled down energy stocks

(Newser) - Stocks drifted to a mixed finish on Wall Street as falling oil prices tugged energy stocks lower. Small-company stocks rose, the AP reports. The S&P 500 edged lower Friday, ending a five-day winning streak but still ending with its third straight weekly gain. That followed a brutal stretch in...

Stocks Post 5th Gain in a Row

MARKETS

Jan 10, 2019 3:11 PM CST

Stocks Post 5th Gain in a Row

It's the longest winning streak since September

(Newser) - The stock market shook off a rocky start and managed to end higher, stretching its winning streak into five days, the longest run since September, the AP reports. Industrial companies and chipmakers were among the biggest winners in a choppy day of trading Thursday. General Electric jumped 5.2% and...

Stock Indexes Rise
for 4th Straight Day

MARKETS

Jan 9, 2019 3:14 PM CST

Stock Indexes Rise for 4th Straight Day

For first time since September

(Newser) - Stocks closed higher on Wall Street, giving the market its first four-day winning streak since September, the AP reports. Technology companies and banks posted big gains Wednesday. Those stocks tend to benefit the most from economic growth. Apple added 1.7% and Citigroup also rose 1.7%. Energy companies benefited...

Stocks Rise for 3rd Day in a Row

MARKETS

Jan 8, 2019 3:04 PM CST

Stocks Rise for 3rd Day in a Row

For first time since late November

(Newser) - Stocks are closing broadly higher on Wall Street, giving the market its first three-day winning streak since late November, the AP reports. Technology, health care and industrial stocks led the way higher Tuesday. Energy companies also did well as the price of crude oil rose for the seventh day in...

Retailers Lead
Stock Gains
on Wall Street

MARKETS

Jan 7, 2019 3:00 PM CST

Retailers Lead Stock Gains on Wall Street

Dow ends day up 98

(Newser) - Stocks rose again following a strong report on the economy and the resumption of trade talks between the US and China, the AP reports. The gains Monday built on a massive rally on Friday, the latest big swing over the past three months. Companies that rely on consumer spending did...

Stocks Soar, Erasing
Thursday's Plunge

MARKETS

Jan 4, 2019 3:27 PM CST

Stocks Soar, Erasing Thursday's Plunge

Major indexes closed up more than 3%

(Newser) - Wall Street roared back, wiping out all of the market's losses from the previous day, as a barrage of positive news eased concerns about the global economy and interest rates, the AP reports. Major indexes closed up more than 3% Friday. Traders were encouraged by news that employers ramped...

Apple's 'Darkest Day' Just
Turned Into Dark 3 Months

Jan 4, 2019 1:15 PM CST

Apple's 'Darkest Day' Just Turned Into Dark 3 Months

Market capitalization loss of $452B since Oct. 3 is larger than the entire value of Facebook

(Newser) - Thursday was called the "darkest day" for Apple under Tim Cook. Now the bigger picture from the end of 2018 is emerging, and it's similarly stunning. CNBC reports that in the three months since Oct. 3, Apple's market capitalization losses have reached $452 billion, with Apple shares...

Fed Chief's
Comments
Send Markets
Surging

UPDATED

Jan 4, 2019 10:17 AM CST

Fed Chief's Comments Send Markets Surging

Jerome Powell says economy looks able to sustain momentum in 2019

(Newser) - A rosy jobs report and comments from Federal Reserve chief Jerome Powell suggesting that the Fed will be patient on rate hikes have helped lift the markets in a big way. The Dow surged 680 points, or 3%, in early trading, while the S&P 500 and Nasdaq each were...

Stocks Slide After
Apple's China Slump

MARKETS

Jan 3, 2019 3:14 PM CST

Stocks Slide After Apple's China Slump

Tech drop is biggest since 2011

(Newser) - Stocks slumped on Wall Street, led by a sharp slide in technology companies after Apple reported a slowdown in iPhone sales over the holidays in China, the AP reports. The 5% drop in tech stocks Thursday was the biggest for the sector since 2011. The Apple news jolted markets and...

Stocks Start 2019
With Another Bumpy Ride

MARKETS

Jan 2, 2019 3:14 PM CST

Stocks Start 2019 With Another Bumpy Ride

But end the day slightly higher

(Newser) - The stock market ended a bumpy ride slightly higher on the first day of trading of the year thanks to gains in internet and energy companies, the AP reports. Facebook climbed 3.5% Wednesday and Amazon added 2.5%. Energy companies marched higher along with an upturn in the price...