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Late Surge Helps Markets
Avoid a Rough Day

Feb 8, 2019 3:05 PM CST

Late Surge Helps Markets Avoid a Rough Day

Dow ends up falling 63

(Newser) - A late-day recovery erased much of the early losses on Wall Street, leaving major indexes mixed at the close. The burst of buying Friday brought the S&P 500 barely higher for the week, marking its second weekly gain in a row. The S&P 500 edged up 1 point...

Stocks Sink on Wall Street

MARKETS

Feb 7, 2019 3:04 PM CST

Stocks Sink on Wall Street

As European outlook dims

(Newser) - Stocks are closing broadly lower on Wall Street as traders were discouraged by more disappointing news on the global economy and company profits, the AP reports. Technology companies, health care stocks and banks led the way lower on Thursday. Twitter slumped almost 10% after issuing a weak forecast. The declines...

Stocks Edge Lower
on Wall Street

MARKETS

Feb 6, 2019 3:11 PM CST

Stocks Edge Lower on Wall Street

Dow ends day down 21

(Newser) - Stocks are closing slightly lower on Wall Street as investors react to a mixed batch of company earnings, the AP reports. Anadarko Petroleum lost 7.4% Wednesday and video-game maker Take-Two Interactive sank 13.8%. Both companies reported earnings that fell far short of what analysts were looking for. General...

Earnings Gains
Drive Stocks Higher

MARKETS

Feb 5, 2019 3:16 PM CST

Earnings Gains Drive Stocks Higher

Dow ends day up 172

(Newser) - Stocks are closing broadly higher on Wall Street as strong earnings reports from several US companies put investors in a buying mood, the AP reports. Estee Lauder jumped 11.6% and Ralph Lauren climbed 8.4% Tuesday. Both reported earnings that came in well ahead of what analysts were expecting....

Stocks Shake Off
Early Slide, End Higher

MARKETS

Feb 4, 2019 3:19 PM CST

Stocks Shake Off Early Slide, End Higher

Dow climbs 175 points

(Newser) - Stocks recovered from an early slide and finished broadly higher as gains in technology and industrial companies outweighed losses elsewhere in the market, the AP reports. The market had gotten off to a weak start Monday after the government reported that factory orders fell in November, but by midday major...

Amazon Revenue
Dampens the Party

markets

Feb 1, 2019 3:20 PM CST

Amazon Revenue Dampens the Party

But on the bright side, US hiring was good

(Newser) - Stocks held on to tiny gains at the end of an up-and-down day of trading on Wall Street, the AP reports. Major indexes were higher for much of the morning as investors applauded the latest burst of hiring by US employers. The enthusiasm was tempered, however, by a disappointing revenue...

S&P 500 Has Best
Month Since 2015

MARKETS

Jan 31, 2019 3:21 PM CST

S&P 500 Has Best Month Since 2015

Stocks end broadly higher on Wall Street

(Newser) - Stocks ended broadly higher on Wall Street, giving the S&P 500 index its best monthly gain since 2015, the AP reports. A series of strong earnings helped power the monthlong rally, which followed a dismal December that nearly brought the benchmark index into a bear market. Facebook helped drive...

Fed's 'Patience'
Sends Stocks Higher

MARKETS

Jan 30, 2019 3:18 PM CST

Fed's 'Patience' Sends Stocks Higher

Dow ends day up 434

(Newser) - Stocks added to their gains on Wall Street after the Federal Reserve sent a strong signal that it was in no hurry to continue raising interest rates, the AP reports. The gains Wednesday pushed the Dow Jones Industrial Average above 25,000 points for the first time since early December....

Stocks End Mixed on Wall Street

MARKETS

Jan 29, 2019 3:17 PM CST

Stocks End Mixed on Wall Street

After early gains

(Newser) - Stocks wound up with a mixed finish on Wall Street as an early gain faded away, the AP reports. Investors were assessing a mixed bag of corporate earnings Tuesday. Xerox and 3M rose after reporting solid results, but Harley-Davidson sank. Energy companies rose along with the price of crude oil....

Stocks Sink on
China Slowdown Fears

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...