stock market

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Markets Close Worst Week Since Election

Dow falls 59

(Newser) - Stocks erased much of an afternoon loss and ended mixed after the Republican-backed health care reform bill was pulled because of a lack of support in Congress, the AP reports. The market still closed out its worst week since the election Friday. Several health care companies rose as the bill'...

Health Vote Delay Sinks Early Stock Rally
Health Vote Delay
Sinks Early Stock Rally
MARKETS

Health Vote Delay Sinks Early Stock Rally

Major indexes slip down

(Newser) - An early rally evaporated on Wall Street and left indexes slightly lower after a vote on the Republican-backed health care bill was delayed, the AP reports. Investors worry that the setback Thursday will mean a longer wait for business-friendly policies like tax cuts. Health care and energy stocks fell. Centene...

Markets End the Day Little Changed
Markets End the Day
Little Changed

Markets End the Day Little Changed

Dow slips, Nasdaq and S&P 500 end higher

(Newser) - US stocks shook off a shaky start and finished mostly higher as technology and industrial companies rose, the AP reports. Apple rose 1% Wednesday and Microsoft gained 1.3%. The modest gains came a day after the market had its biggest drop this year. Banks continued to fall along with...

Stocks See Biggest Drop Since September
Stocks See Biggest Drop
Since September
MARKETS

Stocks See Biggest Drop Since September

Dow falls 237

(Newser) - US stocks had their biggest drop in six months, led by declines in banks, the AP reports. Financial companies, which soared in the months since the US presidential election, fell sharply Tuesday. Bank of America sank 5.8%, while JPMorgan Chase and Wells Fargo each lost about 3%. A drop...

Dow Slips 9 Points
Dow Slips 9 Points

Dow Slips 9 Points

S&P 500 also slips, Nasdaq edges up

(Newser) - After an early-afternoon slump, US stocks finished mostly lower Monday in a quiet day of trading, the AP reports. Banks fell along with bond yields as stocks declined for a third straight day. Lower bond yields hurt banks because they force interest rates down on mortgages and other kinds of...

Stocks End Day Little Changed
Stocks End Day
Little Changed
MARKETS

Stocks End Day Little Changed

Dow falls 20

(Newser) - US stocks ended little changed after a day of meandering between small gains and losses, the AP reports. Income-seeking investors bought dividend-paying utilities and phone companies Friday as bond yields fell. Ameren rose 1.3%. Health care stocks sank. Biotech drugmaker Amgen gave up 6.6% after disappointing results from...

Stocks End the Day Little Changed
Stocks End the Day
Little Changed
MARKETS

Stocks End the Day Little Changed

Dow closes lower by 15

(Newser) - Stocks ended up little changed on Wall Street after an early morning rally faded away, the AP reports. Health care stocks fell Thursday. Biotechnology drugmaker Biogen gave up 4.7% after two analysts downgraded their ratings on the company. Amgen lost 1.3%. Technology companies rose. Business software company Oracle...

Markets End the Day Lower
Markets End the Day Lower

Markets End the Day Lower

Dow falls 44

(Newser) - Stocks ended lower on Wall Street as another slide in crude oil prices pulled energy companies lower, the AP reports. Marathon Oil slumped 3.3% Tuesday. Pioneer Natural Resources dropped 2.8%. Pandora Media slumped 6.4% after the streaming music company announced it will launch an on-demand service to...

Dow Slips 21
Dow Slips 21
MARKETS

Dow Slips 21

S&P 500, Nasdaq edge up

(Newser) - Stocks are ending mixed on Wall Street in subdued trading ahead of this week's meeting of Federal Reserve policymakers, the AP reports. Modest gains in materials companies and utilities Monday were offset by declines in health care and consumer goods stocks. Copper miner Freeport-McMoRan rose 1.6%, while Merck...

Markets Close Higher After Jobs Report

Dow rises 45

(Newser) - Stocks are closing higher on Wall Street after the government reported solid job gains in the US last month, the AP reports. The gains Friday were led by technology and industrial companies. Broadcom rose 2% and General Electric gained 2.1%. Cosmetics seller Ulta Beauty jumped 4.6% after reporting...

Bull Market's 8th Birthday Not Much of a Celebration

Stock indexes end barely changed

(Newser) - The eighth birthday of the current bull market ended on Wall Street without much of a celebration, the AP reports. Stock indexes ended barely changed Thursday, eight years to the day since the market bottomed out in the depths of the financial crisis. Industrial companies fell as heavy machinery maker...

Bull Market Is 8 Years Old. How Long Can It Last?
Wall Street's Bull Market
Celebrates a Milestone
the rundown

Wall Street's Bull Market Celebrates a Milestone

It's 8 years old, but how can it last?

(Newser) - Thursday is a Wall Street milestone: The bull market that began on March 9, 2009, turns 8 years old, making it the second-longest such run in history. (It would need to go another year and a half or so to match the record from 1990 to 2000.) Some coverage:...

Dow Falls 69
Dow Falls 69
MARKETS

Dow Falls 69

S&P 500 also falls Nasdaq rises

(Newser) - Energy companies pulled stocks mostly lower on Wall Street as the price of oil slumped, the AP reports. US benchmark crude dropped 5% Wednesday to its lowest price since November after the government reported a big buildup in fuel stockpiles. Oil companies posted the biggest declines in the market. Marathon...

Stocks Decline for 3rd Time in 4 Days

Dow slides 30 points

(Newser) - US stocks declined for the third time in four days as health care companies took center stage on Tuesday, the AP reports. Drugmakers fell after President Donald Trump said he wants to bring drug prices down. Insurers rose and hospital companies dropped after Republicans in Congress introduced a bill intended...

Markets Eke Out Gains
Markets Eke Out Gains

Markets Eke Out Gains

Dow rises 2 points

(Newser) - Major US stock indexes managed to eke out tiny gains on Wall Street after a day of wavering between small gains and losses, the AP reports. Banks climbed Friday as investors priced in an increasing likelihood that interest rates will rise in the coming months. Federal Reserve Chair Janet Yellen...

US Stocks Pull Back From Record Highs
Banks Lead Stock
Slump Thursday

Banks Lead Stock Slump Thursday

US stocks pull back from record highs

(Newser) - Banks and other financial companies led stocks lower on Wall Street a day after indexes soared to their latest record highs, the AP reports. Citizens Financial slumped 3.9% Thursday. Banks had soared a day earlier as investors hoped that higher interest rates would help them earn more from lending....

It's a Good Day to Be a Snap Co-Founder

Snap shares jumps 48% in IPO debut

(Newser) - Shares of Snap Inc. opened for trading on the New York Stock Exchange on Thursday at $24 per share, up from the IPO price of $17 per share—and kept climbing, per MarketWatch . As of this writing, prices have risen 48% to over $25 per share. Snap co-founders Evan Spiegel,...

Dow Breaks 21,000 for 1st Time Ever

Banks and financial companies lead US stocks Wednesday

(Newser) - Banks and other financial companies led US stocks sharply higher, pushing the Dow Jones industrial average above 21,000 points for the first time, the AP reports. Wednesday's gain was the biggest for the blue-chip index so far this year. Energy companies also rose. Bank of America rose 3....

Dow Hits 21K for First Time
Dow Hits 21K for First Time

Dow Hits 21K for First Time

Banks and other financial companies lead US stocks higher

(Newser) - Banks and other financial companies led US stocks sharply higher in morning trading Wednesday, pushing the Dow Jones industrial average above 21,000 points for the first time, the AP reports. Energy and materials companies were also among the big gainers, while utilities and real estate stocks lagged. The rally...

Markets End the Day Lower
Markets End the Day Lower

Markets End the Day Lower

Dow's 12-day winning streak is broken

(Newser) - Retailers including Target led the stock market lower, ending a 12-day winning streak for the Dow Jones industrial average, the AP reports. Target slumped 12% Tuesday after releasing a weak profit report and earnings forecast. Industrial stocks and phone companies were among the big decliners. Online brokers fell sharply after...

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