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Wall Street Can't Right
This Week's Slump

MARKETS

Aug 3, 2023 3:40 PM CDT

Wall Street Can't Right This Week's Slump

S&P 500 falls for third straight day

(Newser) - Stocks slipped Thursday as Wall Street's red-hot rally for the year cooled a bit more. The S&P 500 fell 11.50, or 0.3%, to 4,501.89 for its third straight loss after setting a 16-month high, per the AP . The Dow Jones Industrial Average dropped 66....

Wall Street Just Had
Its Worst Day in Months

MARKETS

Aug 2, 2023 3:43 PM CDT

Wall Street Just Had Its Worst Day in Months

Dow drops 348 points as rally runs out of steam

(Newser) - Wall Street tumbled to its worst day in months as its torrid rally that critics called overdone lost more momentum. The S&P 500 fell 63.34 points Wednesday, or 1.4%, to 4,513.39 for its sharpest drop since April. It was the index's second straight loss...

Travel Stocks Drop
Despite Strong Profits

MARKETS

Aug 1, 2023 3:57 PM CDT

Travel Stocks Drop Despite Strong Profits

Wall Street edges back from year's big rally

(Newser) - Wall Street took a step back from its big rally so far this year, and most stocks fell Tuesday following a mixed set of earnings reports from US companies. The S&P 500 lost 12.23, or 0.3%, to 4,576.73, coming off its fifth straight winning month....

Stocks Edge Higher to
Close Another Winning Month

MARKETS

Jul 31, 2023 3:57 PM CDT

Stocks Edge Higher to Close Another Winning Month

S&P 500 is at a 16-month high

(Newser) - Wall Street closed out its latest winning month with another tick higher on Monday. The S&P 500 added 6.73 points, or 0.1%, to 4,588.96 to cap its fifth straight month of gains. That's its longest winning streak in nearly two years, and the index...

Tech Stocks Help Restore Climb

markets

Jul 28, 2023 3:38 PM CDT

Tech Stocks Help Restore Climb

Positive report on inflation is reassuring sign about avoiding a recession

(Newser) - Wall Street's rally got back on track Friday, following more encouraging profit reports and the latest signal that inflation is loosening its chokehold on the economy. Big Tech stocks led the market, per the AP , and the S&P 500 closed out its third straight winning week and its...

Boeing, Alphabet Help
Keep Markets Steady

MARKETS

Jul 26, 2023 3:43 PM CDT

Boeing, Alphabet Help Keep Markets Steady

Indexes were little changed after Fed raised rates

(Newser) - Wall Street held steady after the Federal Reserve followed through on expectations and raised its benchmark interest rate to its highest level in more than two decades. Treasury yields fell following Wednesday's announcement, which traders hope will mark the final increase of this cycle, the AP reports. The S&...

GE, 3M Were Among
the Winners on Wall Street

MARKETS

Jul 25, 2023 3:31 PM CDT

GE, 3M Were Among the Winners on Wall Street

But Raytheon Technologies had a rough day

(Newser) - Stocks closed higher as Wall Street waits to hear from some of its most influential companies, and whether their huge rally this year was justified. The S&P 500 rose 0.3% Tuesday to its highest level in more than 15 months. The Dow added 26 points, or 0.1%,...

Wall Street Rallies Ahead
of Reports From Big Tech

MARKETS

Jul 24, 2023 3:47 PM CDT

Wall Street Rallies Ahead of Reports From Big Tech

Traders expect Fed to raise rates this week for the last time in this cycle

(Newser) - Wall Street ticked higher Monday to start a week full of updates on where interest rates and profits for the stock market's most influential companies are heading. The S&P 500 rose 18.30, or 0.4%, to 4,554.64, coming off its eighth winning week in the...

Calm Day Preserves
Stocks' Gains for the Week

markets

Jul 21, 2023 3:55 PM CDT

Calm Day Preserves Stocks' Gains for the Week

Roper Technologies climbs after earnings report, while American Express drops

(Newser) - Wall Street closed out another winning week with a quiet Friday, as stocks found some stability after sliding the day before, per the AP. The S&P 500 edged up by 1.47, or less than 0.1%, to 4,536.34. The Dow added 2.51 points, or less...

Dow Has a Rare
9-Day Winning Streak

MARKETS

Jul 20, 2023 3:12 PM CDT

Dow Has a Rare 9-Day Winning Streak

But the S&P 500 and the Nasdaq were in the red on Thursday

(Newser) - It was quite a mixed day on Wall Street: The Dow rose more than 160 points on Thursday to notch its first nine-day winning streak since 2017, reports CNBC . But drops for Tesla, Netflix, and other big tech-oriented stocks crimped the benchmark S&P 500 and the tech-dominated Nasdaq:

The

...

Carvana Leaps 40.2%
After Debt Deal

MARKETS

Jul 19, 2023 3:41 PM CDT

Carvana Leaps 40.2% After Debt Deal

Bank profit reports extend Wall Street rally

(Newser) - Wall Street closed modestly higher following profit reports from a spate of banks and other big US companies. The S&P 500 rose 0.2% Wednesday after its seventh gain in the last eight days. The Dow added 109 points, or 0.3%, and the Nasdaq edged up less than...

Microsoft Jumps 4%
After Revealing AI Pricing

MARKETS

Jul 18, 2023 3:57 PM CDT

Microsoft Jumps 4% After Revealing AI Pricing

Stocks hit their highest level in more than 15 months

(Newser) - Wall Street's frenzy around artificial intelligence helped push stocks to their best level in more than 15 months on Tuesday, along with stronger-than-expected profit reports from several big financial companies. The S&P 500 rose 32.19, or 0.7%, to 4,554.98 and its highest finish since...

S&P 500 Climbs to
Highest in 15 Months

MARKETS

Jul 17, 2023 3:58 PM CDT

S&P 500 Climbs to Highest in 15 Months

Earnings season is ramping up, though expectations are low

(Newser) - Wall Street pushed higher Monday ahead of a week full of updates about where profits for big US companies are heading. The S&P 500 rose 17.37, or 0.4%, to 4,522.79 and its highest closing level in 15 months. The Dow Jones Industrial Average gained 76....

S&P Slips, but Ends Up
With Another Winning Week

MARKETS

Jul 14, 2023 3:38 PM CDT

S&P Slips, but Ends Up With Another Winning Week

Dow rises more than 100 for the day

(Newser) - Another winning week for Wall Street drifted to a quiet close following profit reports from several big US companies that topped expectations, per the AP .

The S&P 500 fell 4 points, or 0.1%, to 4,505, coming off its highest close since April 2022 on Thursday. Still, the

...

S&P Closes at Highest
Level of the Year

MARKETS

Jul 13, 2023 3:05 PM CDT

S&P Closes at Highest Level of the Year

Benchmark index now above 4,500

(Newser) - Wall Street's winning week accelerated Thursday following the latest signal that inflation is easing its chokehold on the economy, per the AP .

The S&P 500 rose 37 points, or 0.8%, to 4,510, its highest close of 2023, notes CNBC .
The Dow rose 47 points, or 0.

...

Domino's Jumps 11.9%
After Uber Eats Deal

MARKETS

Jul 12, 2023 3:36 PM CDT

Domino's Jumps 11.9% After Uber Eats Deal

Stocks rallied widely after release of report on cooling inflation

(Newser) - Wall Street returned to its highest level in more than a year on Wednesday after a report showed inflation cooled a bit more than expected last month, which hopefully takes some more pressure off the economy. The S&P 500 rose 32.90, or 0.7% to 4,472.16...

After Ruling in Big Case,
Activision Jumps 10%

MARKETS

Jul 11, 2023 4:00 PM CDT

After Ruling in Big Case, Activision Jumps 10%

Other winners Tuesday included Salesforce, Amazon

(Newser) - Stocks closed higher on Wall Street Tuesday as investors waited for updates on inflation and corporate profits. The S&P 500 rose 29.73, or 0.7%, to 4,439.26. The Dow Jones Industrial Average gained 317.02 points, or 0.9%, to 34,261.42, and the Nasdaq...

Herbicide Giant Sees
Sudden Drop in Business

MARKETS

Jul 10, 2023 3:37 PM CDT

Herbicide Giant Sees Sudden Drop in Business

FMC is S&P's biggest loser, though overall market was up

(Newser) - Stocks ticked higher Monday on Wall Street ahead of a week with updates on where inflation and corporate profits are heading, per the AP . The S&P 500 rose 10.58, or 0.2%, to 4,409.53, coming off just its second losing week in the last eight. The...

Reward for the Super Rich:
$14M a Day

Jul 8, 2023 7:45 AM CDT

Reward for the Super Rich: $14M a Day

That's how much the billionaires on Bloomberg's richest list made in the first half of the year

(Newser) - The stock market had a strong first half of the year, with the benchmark S&P rising 16% and the tech-heavy Nasdaq up an even stronger 39%. All of which translates into some hard-to-fathom profits for the richest of the rich. According to Bloomberg , the 500 people on its Billionaires...

Markets Wrap Up
a Losing Week

MARKETS

Jul 7, 2023 3:16 PM CDT

Markets Wrap Up a Losing Week

Dow falls 187 points

(Newser) - Wall Street ended in negative territory on Friday after data suggested the US job market is still warm enough to keep the economy growing but maybe not so hot that it stokes inflation much higher, per the AP .

The S&P 500 fell 12 points, or 0.2%, to 4,

...