stock market

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Wall Street Slams the Brakes on Big Rally
Wall Street Slams
the Brakes on Big Rally
MARKETS
Dec 20, 2023 3:39 PM CST

Wall Street Slams the Brakes on Big Rally

FedEx drops 12% as Dow retreats from record high

(Newser) - Wall Street slammed the brakes on its big rally Wednesday following disappointing profit reports from companies and warnings that the market had simply gone too far, too fast.
  • The S&P 500 fell 70.02 points, or 1.5% to 4,698.35 for its worst loss since beginning a
...

S&amp;P 500 Closes Just Short of Record High
S&P 500 Approaches
Record High
MARKETS
Dec 19, 2023 3:38 PM CST

S&P 500 Approaches Record High

Move from Japan's central bank encourages investors

(Newser) - Wall Street closed higher and held near all-time highs Tuesday amid hopes that moves by Japan's central bank to keep interest rates easy for investors could be a preview for the rest of the world.
  • The S&P 500 rose 27.81 points, or 0.6%, to 4,768.
...

Stocks Close Mixed After 7-Week Winning Streak
US Steel Jumps 26.1%
After Nippon Steel Deal
MARKETS
Dec 18, 2023 3:38 PM CST

US Steel Jumps 26.1% After Nippon Steel Deal

Tech stocks also rose on mixed day for markets

(Newser) - Stocks ended mixed on Wall Street Monday as a seven-week winning streak cooled off. More stocks fell than rose on the New York Stock Exchange.
  • The S&P 500 rose 21.37 points, or 0.5%, to 4,740.56 .
  • The Dow Jones Industrial Average rose 0.86 points, or
...

Wall Street Keeps Streak Going
Wall Street Keeps Streak Going
markets
Dec 15, 2023 4:01 PM CST

Wall Street Keeps Streak Going

News of Costco's results, dividend help push market up

(Newser) - Wall Street drifted through mixed trading on Friday to put a quiet end to another rocking week. The AP reports:
  • The Dow rose 56.81 points, or 0.2%, to 37,305.16, and set a record for the third straight day.
  • The S&P 500 finished nearly unchanged for
...

Dow Registers Another Record High
Dow Registers
Another Record High
MARKETS
Dec 14, 2023 3:25 PM CST

Dow Registers Another Record High

But gains are more modest than on Wednesday

(Newser) - Wall Street took a bit of a breather after Wednesday's surge , though the major indexes all posted more modest gains:
  • The S&P 500 rose 12 points, or 0.2%, to 4,719.
  • The Dow rose 158 points, or 0.4%, to 37,248. (That's another record high.
...

Dow Hits All-Time High After Fed Remarks
Dow Hits All-Time High
After Fed Remarks
MARKETS
Dec 13, 2023 3:31 PM CST

Dow Hits All-Time High After Fed Remarks

Rate cuts markets have been craving could arrive next year

(Newser) - A powerful rally across Wall Street sent the Dow Jones Industrial Average to a record high on Wednesday after the Federal Reserve indicated that the cuts to interest rates investors crave so much may be coming next year.
  • The Dow jumped 512 points, or 1.4%, to 37,090.24,
...

After Inflation Report, Stocks Hit Highest Level Since Early 2022

Wall Street closes just below record high

(Newser) - Wall Street rose to its highest level since early 2022 on Tuesday, just a bit below its record high, after a report showed inflation in the United States is behaving pretty much as expected.
  • The S&P 500 rose 21.26 points, or 0.5%, to 4,643.70.
  • The
...

Stocks Rise Ahead of Fed&#39;s Final Meeting of the Year
Macy's Jumps 19.4% Amid
Reports of Buyout Offer
MARKETS
Dec 11, 2023 3:38 PM CST

Macy's Jumps 19.4% Amid Reports of Buyout Offer

Stocks rise ahead of Fed's final meeting of the year

(Newser) - Stocks closed higher on Wall Street ahead of the Federal Reserve's last meeting of the year.
  • The S&P 500 rose 18.07 points, or 0.4%, to 4,622.44 on Monday.
  • The Dow Jones Industrial Average rose 157.06 points, or 0.4%, to 36,404.93.
...

Stocks Climb After Surprising Jobs Report
Stocks Climb
After Surprising
Jobs Report
markets
Dec 8, 2023 3:45 PM CST

Stocks Climb After Surprising Jobs Report

Weekly string of gains continues, to longest in four years

(Newser) - Wall Street climbed back to its best level in 20 months on Friday following a stronger-than-expected report on the US job market. The weekly gain was the sixth straight, the longest such winning streak in four years. The AP reports:
  • The Dow rose 130.49 points, or 0.4%, to
...

Tech Stocks Help Wall Street End Losing Streak
Tech Stocks Help Wall Street
End Losing Streak
MARKETS
Dec 7, 2023 3:11 PM CST

Tech Stocks Help Wall Street End Losing Streak

Nasdaq leads the way

(Newser) - Wall Street ended its three-day losing streak on Thursday:
  • The S&P 500 rose 36 points, or 0.8%, to 4,585.
  • The Dow rose 62 points, or 0.1%, to 36,117.
  • The Nasdaq rose 193 points, or 1.3%, to 14,339.

Oil Prices Drop Sharply, Weighing Down Energy Stocks

But drop of more than 4% in crude oil price was a big boost for travel stocks

(Newser) - Stocks closed lower on Wall Street Wednesday after another sharp slide for the price of crude dragged down big oil-and-gas stocks. The price of crude oil sank more than 4%, touching its lowest level since June. Marathon Petroleum fell 3.9%. Treasury yields also fell.
  • The S&P 500 fell
...

Robinhood Stock Jumps 10.3% as Interest in Crypto Surges

Major indexes slipped after mixed reports on US economy

(Newser) - Most stocks slipped on Wall Street Tuesday, but the market hung near its highest level in 20 months following a mixed set of reports on the economy.
  • The S&P 500 fell 2.60 points, or 0.1%, to 4,567.18.
  • The Dow Jones Industrial Average fell 79.88
...

Tech Companies, Airline Deal Cut Into Recent Gains

Series of reports on economy are due this week

(Newser) - Wall Street gave back some of its recent gains Monday as stocks finished lower ahead of reports coming this week on the job market that might provide insight into the Federal Reserve's latest thinking about interest rates. The AP reports:
  • The Dow fell 41.06 points, or 0.1%,
...

Wall Street Has Strong Start to New Month
Wall Street Has
Strong Start to New Month
MARKETS
Dec 1, 2023 3:10 PM CST

Wall Street Has Strong Start to New Month

Dow rises nearly 300 points

(Newser) - Stocks began December much as they ended November —in winning fashion:
  • The Dow rose 294 points, or 0.8%, to 36,245.
  • The S&P 500 rose 26 points, or 0.5%, to 4,594, which CNBC notes is a 2023 high.
  • The Nasdaq rose 78 points, or 0.
...

Dow Surges to 2023 High
Markets Wrap Up
Whale of a November
Nov 30, 2023 3:11 PM CST

Markets Wrap Up Whale of a November

S&P and Dow rise 8% for the month

(Newser) - Wall Street boomed on Thursday, or at least the Dow did, as Wall Street closed the books on its best monthly gain in more than a year, per the AP :
  • The Dow surged 520 points, or 1.4%, to 35,950, a high mark for 2023.
  • The S&P 500
...

General Motors Jumps 9.4% on Mixed Day for Wall Street
General Motors Jumps 9.4%
MARKETS
Nov 29, 2023 3:37 PM CST

General Motors Jumps 9.4%

Automaker says it won't have trouble absorbing costs of new labor contract

(Newser) - Stocks drifted to a mixed close on Wall Street Wednesday as drops in several Big Tech companies offset gains in other parts of the market. Facebook parent company Meta fell 2% and Google's parent company Alphabet gave up 1.6%.
  • The S&P 500 gave up an early gain
...

Stocks Inch Higher After Report on Consumer Confidence
Report on Consumer
Confidence Buoys Wall Street
MARKETS
Nov 28, 2023 3:39 PM CST

Report on Consumer Confidence Buoys Wall Street

Member of Fed board of governors 'increasingly confident' about hitting inflation target

(Newser) - Stocks drifted to a mostly higher close Tuesday following a strong report on consumer confidence and growing hopes that the Federal Reserve is finished with its aggressive interest rate hikes.
  • The S&P 500 rose 4.46 points, or 0.1%, to 4,554.89.
  • The Dow Jones Industrial Average
...

Shopify Jumps 4.4% After Setting Black Friday Record

Major indexes drifted lower after 4-week winning streak

(Newser) - Stocks edged lower on Wall Street as markets looked ahead to updates on inflation and how American consumers are feeling about the economy.
  • The S&P 500 fell 8.91 points, or 0.2%, to 4,550.43 on Monday. The index is coming off a holiday-shortened week and its
...

Dow Rises 117 Points in Half-Day Session
Half-Day Session Ends
4th Winning Week in a Row
MARKETS
Nov 24, 2023 1:52 PM CST

Half-Day Session Ends 4th Winning Week in a Row

Dow rose 117 points, with gains for health care, financial, energy stocks

(Newser) - Stocks drifted to a mixed finish after a half-day trading session capped a holiday shortened week that left the major indexes with their fourth straight winning week.
  • The S&P 500 rose 2.72 points, or 0.1%, to 4,559.34.
  • The Dow Jones Industrial Average rose 117.12
...

Wall Street Has a Winning Day Ahead of Holiday
Nvidia Drops 2.5%
Despite Blowout Profits
MARKETS
Nov 22, 2023 3:36 PM CST

Nvidia Drops 2.5% Despite Blowout Profits

Wall Street closes higher ahead of holiday

(Newser) - Stocks closed higher on Wall Street Wednesday, keeping the market on track for a fourth straight weekly gain.
  • The S&P 500 rose 18.43 points, or 0.4%, to 4,556.62.
  • The Dow Jones Industrial Average rose 184.74 points, or 0.5%, to 35,273.03.
  • The
...

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