stock market – News Stories About stock market - Page 27

Stocks Drop as Investors Brace for Higher Rates

Meta Drops 4.1% After
Antitrust Accusation

MARKETS

Dec 19, 2022 3:50 PM CST

Meta Drops 4.1% After Antitrust Accusation

EU accuses Facebook's parent company of distorting competition in online ads

(Newser) - Stocks closed lower on Wall Street as investors brace for higher interest rates from central banks to fight inflation. The S&P 500 fell 34.70 points Monday, or 0.9%, to 3,817.66. The Dow Jones Industrial Average fell 162.92 points, or 0.5%, to 32,757....

'Monster in the Room'
Sends Market Lower

MARKETS

Dec 16, 2022 3:14 PM CST

'Monster in the Room' Sends Market Lower

Major indexes fall again on recession fears

(Newser) - Stocks lost more ground Friday on Wall Street as worries grow that the Federal Reserve and other central banks are willing to bring on a recession if that’s what it takes to get inflation under control. The Dow fell 281 points to 32,920, the S&P 500 fell...

An Ugly Day on Wall Street

updated

Dec 15, 2022 3:04 PM CST

An Ugly Day on Wall Street

Dow falls 764 points on weak consumer spending, fallout from Fed move

(Newser) - Ouch. The markets cratered at Thursday's opening bell and never recovered. A weak report on retail sales and worries that the Fed will keep raising rates were getting the bulk of the blame. For the day, the Dow fell 764 points, or 2.2%, to 33,202; the S&...

Stocks Slump After Fed
Disappoints Investors

MARKETS

Dec 14, 2022 4:08 PM CST

Stocks Slump After Fed Disappoints Investors

Interest rates will stay higher than markets had expected

(Newser) - Stocks ended lower in bumpy trading on Wall Street after the Federal Reserve raised its benchmark interest rate in its fight against inflation and signaled that more hikes lay ahead. As expected, the central bank raised its key short-term rate by half a percentage point Wednesday, marking its seventh increase...

Stocks Rise After Report
Suggests Worst of
Inflation Is Over

MARKETS

Dec 13, 2022 3:54 PM CST

Stocks Rise After Report Suggests Worst of Inflation Is Over

Moderna jumped 19.6% after delivering good news on skin cancer vaccine

(Newser) - Stocks closed higher on Wall Street Tuesday after the government reported that inflation cooled more than expected last month, cementing expectations that the Federal Reserve is about to dial down the size of its interest rate hikes. The Fed is widely expected to raise its benchmark rate a half-point Wednesday,...

Stocks Rise Ahead of Year's Last Interest Rate Hikes

Dow Jumps 529 Points
Ahead of Interest Rate Hikes

MARKETS

Dec 12, 2022 3:57 PM CST

Dow Jumps 529 Points Ahead of Interest Rate Hikes

Investors are predicting smaller rate hike from the Fed this week

(Newser) - Stocks closed higher on Wall Street Monday at the start of a busy week in which central banks are likely to unload the year’s final barrage of interest rate hikes meant to drive down painfully high inflation. The S&P 500 rose 56.18 points, or 1.4%, to...

Stocks Fall on New
Inflation Data

MARKETS

Dec 9, 2022 3:18 PM CST

Stocks Fall on New Inflation Data

All three major indexes slide for the week

(Newser) - Stocks moved lower on Wall Street on Friday after a report showed inflation is slowing, though not by as much as hoped. The Dow fell 305 points to 33,476, the S&P 500 fell 29 points to 3,934, and the Nasdaq fell 77 points to 11,004. All...

Stocks Rise as Prices
for Crude Oil Hit 2022 Low

markets

Dec 8, 2022 3:45 PM CST

Stocks Rise as Prices for Crude Oil Hit 2022 Low

Activision Blizzard shares drop after FTC announcement

(Newser) - Stocks closed higher on Wall Street but remain lower for the week after five straight losses. The S&P 500 rose 0.8% Thursday and finished at 3,963.51 points, while the tech-heavy Nasdaq added 1.1% to close at 11,082.00, per CNBC . The Dow Jones Industrial...

Carvana Plummets 43%

MARKETS

Dec 7, 2022 3:34 PM CST

Carvana Plummets 43%

Analysts say used vehicle chain's bankruptcy risk is rising

(Newser) - More weakness in tech stocks sent Wall Street mostly lower after another day of wobbly trading Wednesday. The S&P 500 fell 7.34 points, or 0.2%, to 3,933.92. The Dow Jones Industrial Average rose 1.58 points, or less than 0.1%, to 33,597.92....

Disney, Apple Drop as
Stocks Extend Losses

MARKETS

Dec 6, 2022 4:05 PM CST

Disney, Apple Drop as Stocks Extend Losses

Indexes are headed for a weekly loss as traders eye Fed's next moves

(Newser) - Stocks closed broadly lower on Wall Street Tuesday, extending the market's recent string of losses, as traders ponder the Federal Reserve’s next moves in its campaign to cool stubbornly hot inflation. Roughly 80% of stocks in the S&P 500 fell, leaving the benchmark index down 57.58...

Dow Drops 483 Points
After Surprisingly Strong
Economic Report

MARKETS

Dec 5, 2022 3:54 PM CST

Dow Drops 483 Points After Surprisingly Strong Economic Report

Growth in services sector could lead to more Fed rate hikes

(Newser) - Stocks closed lower on Wall Street, and Treasury yields rose Monday after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation. The S&P 500 fell 72.86 points, or 1.8%, to 3,998.84. The Dow Jones Industrial Average fell 482.78 points, or...

Stocks Dig Out From
Jobs-Related Losses

MARKETS

Dec 2, 2022 3:15 PM CST

Stocks Dig Out From Jobs-Related Losses

Dow manages to gain on Friday despite inflation worries from new Labor Department data

(Newser) - Worries about inflation put a damper on Wall Street for much of Friday, though the major indexes erased big losses from early in the day. The Dow managed to rise 34 points to 34,429, the S&P 500 fell 4 points to 4,071, and the Nasdaq fell 20...

December's Open Not as Strong
as November's Close

markets

Dec 1, 2022 3:29 PM CST

December's Open Not as Strong as November's Close

Dow and S&P fall, while Nasdaq posts a gain

(Newser) - Stocks ended mixed after an uneven day of trading on Thursday. The Dow fell 194 points to 34,395, the S&P 500 slipped 3 points to 4,076, and the Nasdaq ticked up 14 points to 11,482. All the gains and losses were under 1%. Also Thursday, bond...

Dow Jumps 737 Points
After Fed Chair's Remarks

MARKETS

Nov 30, 2022 3:49 PM CST

Dow Jumps 737 Points After Fed Chair's Remarks

Powell says rate hikes likely to slow down

(Newser) - Stocks rallied on Wall Street and major indexes ended November with their second straight month of gains after the head of the Federal Reserve said the central bank could soon ease up on its aggressive pace of interest rate hikes aimed at taming inflation. The S&P 500 rose 122....

Major Indexes Flat
as Investors Watch
China Developments

MARKETS

Nov 29, 2022 4:11 PM CST

Major Indexes Flat as Investors Watch China Developments

Dow closed just barely in the green

(Newser) - Stocks ended an unsteady day with mixed results as gains for energy companies were offset by losses in technology and other sectors. Trading was uneven Tuesday as investors closely watched developments in China and economic data amid worries about stubbornly hot inflation. The S&P 500 fell 6.31 points,...

Dow Drops 498 Points
Amid Worries About
Fallout From China Protests

MARKETS

Nov 28, 2022 4:14 PM CST

Dow Drops 498 Points Amid Worries About Fallout From China Protests

Tech stocks were the biggest weight on the market

(Newser) - Stocks fell broadly on Wall Street Monday as protests spread in China calling for President Xi Jinping to step down amid growing anger over severe restrictions imposed as part of his "zero COVID" strategy in the world’s second-largest economy. The S&P 500 fell 62.18 points, or...

Stocks Are Mixed
on a Short Day

markets

Nov 25, 2022 1:20 PM CST

Stocks Are Mixed on a Short Day

Indexes gain in a brief holiday week

(Newser) - Stocks wobbled to a mixed close Friday on Wall Street, but every major index notched weekly gains in a holiday-shortened week. The S&P 500 edged lower Friday, slipping 1.14 points, or less than 0.1%, to 4,026.12, the AP reports. The Dow Jones Industrial Average rose...

Stocks Edge Higher
After Release of
Fed Meeting Minutes

MARKETS

Nov 23, 2022 3:46 PM CST

Stocks Edge Higher After Release of Fed Meeting Minutes

Officials at central bank said smaller rate hikes would be appropriate 'soon'

(Newser) - Stocks closed higher on Wall Street following the release of the minutes from the Federal Reserve’s most recent policy meeting, which showed Fed officials agreed that smaller rate hikes would likely be appropriate "soon." That's likely to stoke optimism among investors who have been trying to...

Retailers Were Big Winners
on Wall Street Tuesday

MARKETS

Nov 22, 2022 3:48 PM CST

Retailers Were Big Winners on Wall Street Tuesday

Best Buy jumps 12.7% after strong earnings reports

(Newser) - Stocks rose on Wall Street and solid earnings helped jolt a mix of retailers higher ahead of the Thanksgiving holiday. The S&P 500 rose 53.64 points, or 1.4%, to 4,003.58 Tuesday. The Dow Jones Industrial Average rose 397.82 points, or 1.2%, to 34,...

Disney Rises, Tesla Drops
at Start of Shortened Week

MARKETS

Nov 21, 2022 4:00 PM CST

Disney Rises, Tesla Drops at Start of Shortened Week

Investors apparently approve of Disney's CEO swap

(Newser) - Stocks ended lower on Wall Street at the beginning of a holiday-shortened week. The S&P 500 fell 15.40 points Monday, or 0.4%, to 3,949.94. The Dow Jones Industrial Average fell 45.41 points, or 0.1%, to 33,700.28. The Nasdaq fell 121.55...