stock market

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Markets Slump Despite Good News on Inflation
Markets Slump Despite
Good News on Inflation
MARKETS

Markets Slump Despite Good News on Inflation

Dow dropped 292 points

(Newser) - Stocks went back to falling on Wall Street Tuesday after a blip higher the day before, giving the S&P 500 its sixth loss in the last seven trading days. The benchmark index lost 0.6%. The market had started higher after the latest data on inflation came in better...

Boeing Supplier Up 4.7% After Feds Boost Support

Markets are recovering from weeklong slump

(Newser) - Stocks managed to end a wobbly day mostly higher on Wall Street Monday as the market regroups after its biggest weekly drop since June. The S&P 500 shook off an afternoon slump and edged up 0.2%, the Dow Jones Industrial Average added 0.8% and the Nasdaq slipped...

5 Days in a Row: Dow Can&#39;t Stop Skid
5 Days in a Row:
Dow Can't Stop Skid
MARKETS

5 Days in a Row: Dow Can't Stop Skid

Markets wrap up a lousy week

(Newser) - At one point Friday morning, the Dow was up nearly 200 points, notes CNBC . But by the time the closing bell rang, all those gains had been erased en route to a five-day losing streak. Health care, technology, and communications stocks in particular weighed on the market, per the AP...

Markets Can&#39;t Pull Out of Latest Slide
Markets Can't Pull Out
of Latest Slide
MARKETS

Markets Can't Pull Out of Latest Slide

Major indexes retreat again

(Newser) - Stocks closed lower again Thursday after a day of choppy trading as investors continue assessing the pace of economic growth. The holiday-shortened week has given investors several reports, some conflicting, to review for clues on the direction of the economy's recovery, per the AP . The Dow fell 151 points...

Stocks Dip After Fed Says Economy &#39;Downshifted&#39;
Stocks Drop After Fed
Releases 'Beige Book'
MARKETS

Stocks Drop After Fed Releases 'Beige Book'

Economy 'downshifted' over the summer

(Newser) - Stocks closed lower on Wall Street Wednesday following a Federal Reserve report that shows US economic activity slowed this summer amid rising worries over resurgent coronavirus cases and mounting supply chain problems and labor shortages. The Fed’s latest survey of the nation’s business conditions, dubbed the “Beige...

Dow Falls 269 Points as Market Digests Jobs Report

But Nasdaq hit a new record high

(Newser) - Stocks closed mostly lower on Wall Street Tuesday as traders returned from the Labor Day holiday, even as gains for some Big Tech companies nudged the Nasdaq composite barely higher. The benchmark S&P 500 slipped 0.3%. Meanwhile gains for Apple, Facebook, and a few other tech heavyweights nudged...

Weak Jobs Report Puts Damper on Wall Street
Weak Jobs Report Puts
Damper on Wall Street
MARKETS

Weak Jobs Report Puts Damper on Wall Street

S&P is flat, but Dow slips 74

(Newser) - A disappointing jobs report led to a not-so-great day on Wall Street. The Dow fell 74 points to 35,369, the S&P 500 slipped a single point to 4,535, and the Nasdaq managed to gain 32 points to 15,363. The Labor Department said Friday that employers added...

Small-Company Stocks Lead Wall Street to Profits

S&P and Nasdaq notch record-high closes

(Newser) - The stock market recovered from an afternoon stumble and ended with modest gains Thursday, enough to mark more record highs for the S&P 500 and the Nasdaq. The Dow rose 131 points to 35,443, the S&P 500 gained 12 points to 4,536, and the Nasdaq rose...

Tech Gains Lift Nasdaq to New High
Tech Gains Lift
Nasdaq to New High
MARKETS

Tech Gains Lift Nasdaq to New High

S&P 500 added a single point

(Newser) - Stocks eked out some modest gains on Wall Street Wednesday, enough to nudge the Nasdaq composite index to another all-time high. The S&P 500 gave up nearly all of a midday gain and ended just 1 point higher, or less than 0.1%. Small-company stocks did better than the...

S&amp;P 500 Ends August With 7th Straight Monthly Gain
S&P 500 Is on Longest
Winning Streak Since 2018
MARKETS

S&P 500 Is on Longest Winning Streak Since 2018

Index ends August with 7th straight monthly gain

(Newser) - A wobbly day on Wall Street ended Tuesday with major indexes slipping just below recent record highs, but the S&P 500 closed out August solidly in the green with its seventh straight monthly gain, the longest such streak since early 2018. Investors are busy trying to figure out just...

Energy Prices Mixed After Ida Hits US
Affirm Jumps 46.7% After
Amazon Deal Announced
MARKETS

Affirm Jumps 46.7% After Amazon Deal Announced

Energy prices mixed after Hurricane Ida slams into Louisiana

(Newser) - Stocks wound up mixed on Wall Street Monday, with the S&P 500 index managing just enough of a gain to mark another record high. The Dow Jones Industrial Average slipped and small-company stocks fell. Gains for a handful of Big Tech companies were the main driver behind the 0....

Fed Chief&#39;s Comments Lead to a Market Milestone
Fed Chief's Comments
Lead to a Market Milestone
MARKETS

Fed Chief's Comments Lead to a Market Milestone

S&P 500 closes above 4,500 for the first time

(Newser) - The benchmark S&P 500 closed above 4,500 or the first time on Friday, and comments made by the Fed chief are credited for part of the reason. In his highly anticipated speech, Jerome Powell said the Federal Reserve would not overreact to rising inflation or raise interest rates...

Stocks Fall After Kabul Blasts
Stocks Fall After Kabul Blasts
MARKETS

Stocks Fall After Kabul Blasts

Dow sinks 192 points

(Newser) - Stocks closed lower Thursday following deadly suicide attacks at the Kabul airport. The Dow fell 192 points to 35,213, the S&P 500 fell 26 points to 4,469, and the Nasdaq fell 96 points to 14,945. Despite the pullback, market indicators that traditionally signal worry on Wall...

Dick's Sporting Goods Jumps 13.3% After Surge in Sales

Nasdaq, S&P 500 drift up to new highs

(Newser) - Stocks pushed higher again on Wall Street Wednesday, marking more milestones for the S&P 500 and the Nasdaq. The S&P 500 added another 0.2%, its fifth gain in a row. Banks and energy companies led the way higher. Banks benefited from an increase in bond yields, which...

Big Gains for Travel Stocks as S&P 500, Nasdaq Set Records

Nasdaq closed above 15K for first time

(Newser) - Stocks closed modestly higher on Wall Street Tuesday, enough to nudge the Nasdaq composite to a record high and past 15,000 for the first time. The broader S&P 500 index also set a record high. Banks, consumer-focused companies, and small-company stocks outpaced the rest of the market. The...

BioNTech, Pfizer Stocks Jump After FDA Approval
BioNTech, Pfizer Stocks
Jump After FDA Approval
MARKETS

BioNTech, Pfizer Stocks Jump After FDA Approval

Nasdaq hits new record high

(Newser) - Stocks closed higher on Wall Street Monday, allowing the S&P 500 to regain the ground it lost last week and bringing it just shy of another record high. The benchmark index added 0.9%, driven by gains in a broad range of technology, financial, and communication stocks. The tech-heavy...

A Rough Week Has a Strong Finish
A Rough Week
Has a Strong Finish
MARKETS

A Rough Week Has a Strong Finish

But Friday's gains aren't enough to wipe out the earlier losses

(Newser) - Stocks notched decent gains on Friday, though they were not enough to erase the losses from earlier in the week. The Dow rose 225 points to 35,120, the S&P 500 rose 35 points to 4,441, and the Nasdaq gained 172 points to 14,714. Technology companies in...

Dow Has a 3-Day Streak It Doesn&#39;t Want
Dow Has a 3-Day Streak
It Doesn't Want
MARKETS

Dow Has a 3-Day Streak It Doesn't Want

Index falls again, by 66 points

(Newser) - Stocks attempted to right themselves on Thursday after two days of losses, with only partial success. The Dow fell 66 points to 34,894, while the S&P 500 ticked up 5 points to 4,405, and the Nasdaq rose 15 points to 14,541. It was a choppy trading...

Stocks Slump to Second Straight Loss
Lowe's Jumps 9.6% After
Strong Earnings Report
MARKETS

Lowe's Jumps 9.6% After Strong Earnings Report

But indexes slumped to their second straight loss

(Newser) - Stocks took a late turn lower on Wall Street, ending with their second straight loss. The S&P 500 gave up 1.1% Wednesday, a day after breaking a five-day winning streak. Technology and health care companies had some of the biggest losses. Apple fell 2.6%. Markets didn’t...

Wall Street Slips as Retail Sales Slow Down
Home Depot Drops 4.3%
as Sales Slow Down
MARKETS

Home Depot Drops 4.3% as Sales Slow Down

Indexes fall back from record highs after disappointing data on retail sales

(Newser) - Stocks closed lower Tuesday, as data showed the coronavirus pandemic is still holding back the US economy. Retail sales fell a seasonally adjusted 1.1% in July from the month before, the Commerce Department said Tuesday. It was a much larger drop than the 0.3% decline Wall Street analysts...

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