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Amazon Rises Above $2T in Value for First Time
Amazon Reaches
$2T Milestone
MARKETS
Jun 26, 2024 3:27 PM CDT

Amazon Reaches $2T Milestone

Rivian was another big winner on Wall Street

(Newser) - Stocks drifted to a mixed close Wednesday near the all-time highs they set last week.
  • The S&P 500 rose 8.60 points, or 0.2%, to 5,477.90.
  • The Dow Jones Industrial Average rose 15.64 points, or less than 0.1%, to 39,127.80.
  • The Nasdaq
...

Nvidia Rebound Props Up Wall Street
Nvidia Rebound
Props Up Wall Street
MARKETS
Jun 25, 2024 3:33 PM CDT

Nvidia Rebound Props Up Wall Street

It jumped 6.8% while most other stocks fell

(Newser) - A rebound for Nvidia propped up a weakened Wall Street on Tuesday and kept US stock indexes close to their records.
  • The S&P 500 rose 21.43 points, or 0.4%, to 5,469.30 and neared its all-time high set a week earlier.
  • The Dow Jones Industrial Average,
...

Another Nvidia Drop Drags Indexes Down
Nvidia Was Heaviest
Weight on S&P 500
MARKETS
Jun 24, 2024 3:52 PM CDT

Nvidia Was Heaviest Weight on S&P 500

6.7% drop for company dragged index down, though most stocks rose

(Newser) - Another slide for Wall Street heavyweight Nvidia kept US indexes mixed on Monday, even as the majority of stocks rallied.
  • The S&P 500 slipped 16.75 points, or 0.3%, to 5,447.87
  • The Dow Jones Industrial Average rose 260.88 points, or 0.7%, to 39,411.
...

Nvidia Is Now Wall Street's Most Valuable Company

It topped Microsoft with 3.5% gain Tuesday

(Newser) - US stocks edged up to more records Tuesday following the latest signal that the economy's growth may be slowing without cratering, while Nvidia continued its rocket ride upward to become Wall Street's most valuable company.
  • The S&P 500 rose 13.80 points, or 0.3%, to 5,
...

Big Tech Lifts Wall Street to More Records
Tech Companies Lift
Wall Street to New Records
MARKETS
Jun 17, 2024 3:44 PM CDT

Tech Companies Lift Wall Street to New Records

GameStop falls 12.1% after shareholder meeting

(Newser) - US stocks rallied to more records Monday as gains for technology companies continued to push the market higher.
  • The S&P 500 rose 41.63 points, or 0.8%, to 5,473.23 , beating the all-time high it set on Thursday.
  • The Dow Jones Industrial Average rose 188.94 points,
...

Inflation Report, Fed Remarks Send Stocks to Record Highs

Oracle jumps 13.3%

(Newser) - US stocks closed higher Wednesday following a surprisingly encouraging update on inflation . The S&P 500 closed at another record high after the Federal Reserve said that it still sees a cut to interest rates as likely this year.
  • The S&P 500 rose 45.71 points, or 0.9%,
...

Apple Lifts S&amp;P 500 to Record High
Apple Lifts S&P 500
to Record High
MARKETS
Jun 11, 2024 3:31 PM CDT

Apple Lifts S&P 500 to Record High

Company jumps 7.3% after highlighting push into AI

(Newser) - Stocks drifted to a mixed close overall on Wall Street, but the S&P 500 and Nasdaq composite still managed to notch more record highs. A big gain in Apple helped push both indexes higher Tuesday. The company jumped 7.3% after highlighting its push into artificial intelligence .
  • The S&
...

S&amp;P 500, Nasdaq Edge Up to New Highs
S&P 500, Nasdaq
Edge Up to New Highs
MARKETS
Jun 10, 2024 3:32 PM CDT

S&P 500, Nasdaq Edge Up to New Highs

Southwest Airlines jumps 7%

(Newser) - US stocks drifted to a slightly higher close Monday ahead of a week with several top-tier reports on inflation due, as well as the Federal Reserve's latest meeting on interest rates.
  • The S&P 500 rose 13.80 points, or 0.3%, to 5,360.79 , topping the record
...

AI Frenzy Lifts Wall Street to Record Highs
Nvidia Is Now a $3T Company
MARKETS
Jun 5, 2024 3:43 PM CDT

Nvidia Is Now a $3T Company

It hits milestone as AI frenzy sends S&P 500, Nasdaq to record highs

(Newser) - Wall Street barreled to all-time highs Wednesday as its frenzy around artificial-intelligence technology keeps sending stocks higher.
  • The S&P 500 jumped 62.69 points, or 1.2%, to 5,354.03, beating its record set two weeks ago.
  • The Nasdaq composite rallied even more, it rose 330.86 points,
...

Stocks Hold Steady After Report on Cooling Job Market
Oil Stocks Drop
for a Second Day
MARKETS
Jun 4, 2024 3:57 PM CDT

Oil Stocks Drop for a Second Day

Worries about slowing economy have hit crude prices

(Newser) - US stocks held relatively steady on Tuesday after a report suggested the job market is cooling.
  • The S&P 500 rose 7.94 points, or 0.2%, to 5,291.34
  • The Dow Jones Industrial Average rose 140.26 points, or 0.4%, to 38,711.29.
  • The Nasdaq composite
...

Nvidia Lifts S&amp;P 500 to Small Gain
GameStop Soars 21.4%
MARKETS
Jun 3, 2024 3:36 PM CDT

GameStop Soars 21.4%

Nvidia lifts S&P 500 to small gain

(Newser) - Stocks ended mixed on Wall Street Monday following the latest signal showing the US economy is slowing.
  • The S&P 500 edged up by 5.89 points, or 0.1%, to 5,283.40, even though the majority of stocks within the index fell.
  • The Dow Jones Industrial Average dropped
...

Marathon Oil Jumps 8.4% After Merger Announcement

American Airlines led slump in airline stocks

(Newser) - US stocks closed lower Wednesday under the weight of higher yields in the bond market. The 10-year yield rose to 4.61% from 4.54% late Tuesday following an auction of $44 billion in seven-year Treasurys, the AP reports.
  • The S&P 500 dipped 39.09 points, or 0.7%,
...

Nvidia Surges as Nasdaq Hits New High
Nvidia Surges as
Nasdaq Hits New High
MARKETS
May 28, 2024 3:42 PM CDT

Nvidia Surges as Nasdaq Hits New High

Tech stocks remained strong as most other stocks dropped

(Newser) - Most US stocks fell Tuesday as a tick higher in bond yields tightened the screws a bit on Wall Street following a three-day weekend.
  • The S&P 500 rose 1.32 points, or less than 0.1%, to 5,306.04 and is sitting just below its record set a
...

Stocks Slump Over Fears Interest Rates Won't Budge

The Dow fell more than 600 points

(Newser) - Most US stocks slumped Thursday after strong economic reports raised the possibility of interest rates staying painfully high. The AP reports the weakness was widespread and overshadowed another blowout profit report from market heavyweight Nvidia, which closed up 9% at $1,038. The S&P 500 fell 0.7% and...

Target Drops 8% After Disappointing Profit Report

Inflation, interest fears drag indexes down from record highs

(Newser) - US stock indexes pulled back from their records Wednesday as concerns about inflation and high interest rates weighed on the market.
  • The S&P 500 fell 14.40 points, or 0.3%, to 5,307.01. The index hit a record high on Tuesday.
  • The Dow Jones Industrial Average fell
...

It Was a Quiet Day on Wall Street, But Records Were Broken

S&P 500, Nasdaq hit new all-time highs

(Newser) - US stock indexes drifted higher to set more records following another quiet day of trading on Tuesday.
  • The S&P 500 rose 13.28 points, or 0.3%, to 5,321.41, surpassing its record set last week.
  • The Dow Jones Industrial Average rose 66.22 points, or 0.2%,
...

Nasdaq Hits New All-Time High
Nasdaq Hits New All-Time High
MARKETS
May 20, 2024 3:43 PM CDT

Nasdaq Hits New All-Time High

Norwegian Cruise Line steams 7.6% higher

(Newser) - US stock indexes drifted to a mixed finish after a quiet day of trading Monday, and the Nasdaq composite rose to another record.
  • The S&P 500 rose 4.86 points, or 0.1%, to 5,308.13, just short of its all-time high.
  • The Dow Jones Industrial Average fell
...

Dow Reaches 40K for the First Time
Dow Reaches 40K
for the First Time
May 16, 2024 9:43 AM CDT

Dow Reaches 40K for the First Time

Index crosses another milestone

(Newser) - The Dow is now in uncharted territory. The stock market index reached 40,000 for the first time ever in trading on Thursday, reports CNBC and the Wall Street Journal . Markets have been rising this week thanks to a report suggesting that inflation was slowing down. The benchmark S&P...

Dow, S&amp;P 500 Jump to All-Time Highs
Dow, S&P 500 Jump
to All-Time Highs
MARKETS
May 15, 2024 3:39 PM CDT

Dow, S&P 500 Jump to All-Time Highs

Inflation slowdown boosts hopes for rate cut

(Newser) - US stocks rallied to new records Wednesday on hopes that inflation is heading back in the right direction.
  • The S&P 500 jumped 61.47 points, or 1.2%, to 5,308.15, topping its prior all-time high set in March.
  • The Dow Jones rose 349.89 points, or 0.
...

Meme Stocks Surge for a Second Day
Meme Stocks Surge
for a Second Day
MARKETS
May 14, 2024 3:39 PM CDT

Meme Stocks Surge for a Second Day

Nasdaq hits all-time high

(Newser) - Stocks ended higher on Wall Street Tuesday, sending the Nasdaq composite to another record.
  • The S&P 500 rose 25.26 points, or 0.5%, to 5,246.68. , and is sitting just shy of its own all-time high.
  • The Dow Jones Industrial Average rose 126.60 points, or 0.
...

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