stocks – News Stories About stocks - Page 4

markets

Jul 18, 2019 3:21 PM CDT

It's a Bad Day for Netflix

But overall, stocks closed mostly higher

(Newser) - Stocks shook off early losses and closed mostly higher on Wall Street as technology and bank stocks rallied Thursday, the AP reports. IBM rose 4.5% Thursday after reporting solid results. The company, along with Apple, helped lift the technology sector to lead the broader gains. Banks led financial stocks...

Stocks React to Fed's
Afternooon Statement

markets

Jun 19, 2019 3:20 PM CDT

Stocks React to Fed's Afternooon Statement

There are modest gains after a slow start on Wednesday

(Newser) - Stocks brushed off a muted start on Wall Street and notched modest gains Wednesday after the Federal Reserve reaffirmed that it is prepared to cut interest rates if needed to shield the US economy from trade conflicts or other threats, the AP reports. In a widely expected move, the central...

Cancer-Drug Maker
Has an Incredible Day

markets

Jun 17, 2019 3:15 PM CDT

Cancer-Drug Maker Has an Incredible Day

Array spikes 57% after agreeing to Pfizer acquisition

(Newser) - Stocks built on their recent momentum on Wall Street but the gains were relatively modest and trading remained choppy, the AP reports. Facebook jumped 4.2% and Netflix added 3.2% Monday, leading the way higher among communications companies. Health care stocks were also higher. Cancer drug maker Array jumped...

Another Ride-Sharing
Giant Just Went Public

May 10, 2019 10:36 AM CDT

Another Ride-Sharing Giant Just Went Public

Uber shares were going for $45 each, raising $8.1B, just weeks after Lyft's IPO

(Newser) - With a ring of the opening bell, Uber began picking up passengers as a newly minted public company Friday, giving investors a chance to bet on a service with huge potential but a long way from turning a profit. Shares in the ride-hailing giant were sold in an initial public...

Health Care Gets Hammered

markets

Apr 17, 2019 3:16 PM CDT

Health Care Gets Hammered

Possible congressional reforms spark fears on Wall Street

(Newser) - Stocks are closing lower on Wall Street Wednesday as losses by health care companies outweigh gains elsewhere in the market, the AP reports. Investors hammered insurers amid fears over the potential impact on their profits from health reforms being discussed in Congress. Anthem fell 3.6%, Cigna lost 3.7%,...

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...

Apple's Value Fell by More Than Facebook's Entire Worth

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...

Markets Off to Brutal Start

Nov 20, 2018 9:40 AM CST

Markets Off to Brutal Start

Dow falls more than 500, putting 2018 gains at risk

(Newser) - Stocks are skidding again on Wall Street as a tech rout continues and several big retailers report weak results, per the AP . Apple sank another 3.6% in early trading Tuesday and Microsoft gave up 3.3%. Target, meanwhile, plunged 9.5% after missing Wall Street's earnings estimates. In...

Trump Has Explanation
for Market's 'Little Pause'

Oct 30, 2018 10:45 AM CDT

Trump Has Explanation for Market's 'Little Pause'

It's because of the midterms, he says, warning that Democrats will make things worse

(Newser) - President Trump has repeatedly celebrated the stock market's rise under his watch, and on Tuesday he chalked up Wall Street's rough October to concern about the midterms. "The Stock Market is up massively since the Election, but is now taking a little pause — people want to...

MoviePass Woes Build,
Some Predict 'the End Is Near'

Jul 31, 2018 6:52 AM CDT

MoviePass Woes Build, Some Predict 'the End Is Near'

Movie subscription service looks like it's in big trouble after stocks fall 60%

(Newser) - Shares for the parent company of MoviePass plunged Monday, dropping 60% to close at $0.80 and prompting Forbes to make a dire prediction: "The end is near" for the subscription service, which was charging users $9.95 per month for the ability to see a movie a day...

A Harsh Letter,
a $16.8B Loss,
and a Plan to
Fire Zuckerberg

Jul 26, 2018 6:50 AM CDT

A Harsh Letter, a $16.8B Loss, and a Plan to Fire Zuckerberg

Facebook CEO didn't have a great week

(Newser) - Facebook shares plummeted 20% after market close Wednesday, and one person in particular felt it more than others. Bloomberg reports Mark Zuckerberg lost about $16.8 billion as a result of the dip, which would not only negate the nearly $14 billion he'd already gained this year—it would...

Stocks Up on Good News for
Banks, Bad News for Borrowers

Jun 14, 2018 4:52 PM CDT

Stocks Up on Good News for Banks, Bad News for Borrowers

Rates are going higher as data shows confidence growing since Great Recession

(Newser) - US stocks mostly rose Thursday, as markets get accustomed to the idea of investing with less of a safety net from central banks around the world, reports the AP . The European Central Bank laid out its plan to pull back from the stimulus it's pumped into markets, but it...

Equities in 'Tailspin'
as Stocks Hit the
'Trump Slump'

Apr 3, 2018 6:41 AM CDT

Equities in 'Tailspin' as Stocks Hit the 'Trump Slump'

Not since the Great Depression have US stocks seen such a bad April slide, Bloomberg reports

(Newser) - US stocks haven't seen a second-quarter start like this in 90 years—90 years ago being the kickoff to the Great Depression. Bloomberg looked at the numbers and reports on the April slide: 2.2% for the S&P 500, a drop that hasn't been surpassed since 1929'...

Stocks Swoon Again;
Dow Sinks 400

MARKETS

Mar 23, 2018 3:28 PM CDT

Stocks Swoon Again; Dow Sinks 400

Traders worried about trade war between US, China

(Newser) - Stocks sank again Friday, giving Wall Street its worst week in two years, as fear gripped investors that China and the US were headed for a trade war, the AP reports. The Dow Jones industrial average plunged more than 400 points, bringing its weekly decline to 1,400. Technology companies...

Stocks End Sluggish
Week With Small Gains

MARKETS

Mar 16, 2018 3:29 PM CDT

Stocks End Sluggish Week With Small Gains

Energy, industrial companies rose Friday

(Newser) - The stock market eked out a small gain Friday but still ended the week lower after several days of losses, the AP reports. Energy companies rose along with the price of crude oil. ConocoPhillips gained 1.7%. Banks and industrial companies also ended higher. PNC Financial rose 1.4% and...

Strong Hiring Sends
Stocks, Yields Up

MARKETS

Mar 9, 2018 3:44 PM CST

Strong Hiring Sends Stocks, Yields Up

Nasdaq hits another record high

(Newser) - Stocks and bond yields rose sharply Friday on Wall Street after the government reported a big increase in hiring last month, the AP reports. Investors were relieved to see that wage growth slowed. A jump in wages a month ago raised worries about inflation. Technology companies wiped out the last...

Late Rally Erases
Early Stock Slide

MARKETS

Mar 2, 2018 3:23 PM CST

Late Rally Erases Early Stock Slide

Investors remain focused on Trump's threat of tariffs

(Newser) - A late burst of buying Friday erased a sharp drop stocks suffered early in the day, the AP reports. Bond yields and the price of gold rose, both signs that investors expect inflation might tick up. Investors remain focused on President Trump's threat to impose tariffs on steel and...

Plans for Steel, Aluminum
Tariffs Sink US Stocks

MARKETS

Mar 1, 2018 3:20 PM CST

Plans for Steel, Aluminum Tariffs Sink US Stocks

Trump announced tariffs Thursday

(Newser) - Stocks fell sharply Thursday as investors worried that President Trump's planned tariffs on steel and aluminum will lead to retaliation from other countries, the AP reports. Trump told industry executives he would impose the tariffs next week. The head of the European Commission said the region would respond in...

Stocks End Choppy
Week Slightly Higher

MARKETS

Feb 23, 2018 3:16 PM CST

Stocks End Choppy Week Slightly Higher

Tech, banks led gains Friday

(Newser) - Stocks are ending the week slightly higher after a two-day rally wiped out losses from earlier in the week, the AP reports. The gains Friday were led by technology and banks. Hewlett Packard Enterprise soared 10.5% and former corporate sibling HP rose 3.5% after both reported solid results....

Stocks End Mostly
Higher on Wall Street

MARKETS

Feb 22, 2018 3:34 PM CST

Stocks End Mostly Higher on Wall Street

Industrial stocks led the way

(Newser) - Stocks closed mostly higher Thursday on Wall Street after much of a midday rally faded away by the closing bell, the AP reports. Industrial stocks contributed the most to the market's gains. United Technologies rose 3.3% a day after its CEO said the company may split up. Energy...