stock market – News Stories About stock market - Page 48

Big Gains for Big Tech
Push Indexes Higher

MARKETS

Jun 28, 2021 3:48 PM CDT

Big Gains for Big Tech Push Indexes Higher

Facebook jumps after antitrust suit dismissed

(Newser) - Most US stocks edged lower on Monday, but strength for several big tech companies nudged indexes a bit further into record heights. The S&P 500 added 0.2% after bouncing between small gains and losses through the morning. The index is coming off its best week since February as...

S&P 500 Has One
of Its Best Weeks of 2021

MARKETS

Jun 25, 2021 3:15 PM CDT

S&P 500 Has One of Its Best Weeks of 2021

Benchmark index up nearly 3%

(Newser) - Stocks closed mostly higher Friday as the benchmark S&P 500 wrapped up its best week since February, reports CNBC . The index rose 14 points to a record 4,280, while the Dow rose 237 points to 34,433, and the Nasdaq dipped 9 points to 14,360. For the...

Dow Posts Strong Gains
After News Out of DC

MARKETS

Jun 24, 2021 3:14 PM CDT

Dow Posts Strong Gains After News Out of DC

Infrastructure deal goes over well on Wall Street

(Newser) - Progress on an infrastructure plan out of DC gave the market a lift on Thursday. The Dow rose 322 points to 34,169, the S&P 500 rose 24 points to 4,266, and the Nasdaq rose 97 points to 14,369. Those were record closes for both the S&...

Nasdaq Inches Up
to New Record High

MARKETS

Jun 23, 2021 3:56 PM CDT

Nasdaq Inches Up to New Record High

Calmness has returned to markets after last week's jolt

(Newser) - A listless day on Wall Street ended with indexes mixed on Wednesday, as nervousness continues to wash out of the market following last week’s jolt by the Federal Reserve. The S&P 500 slipped 4.60 points, or 0.1%, to 4,241.84 after earlier meandering between very...

Analyst Says Investors
Will Have to 'Buckle Up'

MARKETS

Jun 22, 2021 3:45 PM CDT

Analyst Says Investors Will Have to 'Buckle Up'

But markets remained calm as Fed chief Jerome Powell testified

(Newser) - Stocks finished higher on Wall Street Tuesday, nudging the S&P 500 closer to the record high it reached last week. The benchmark index added 0.5%. The Nasdaq did a bit better, climbing 0.8%, with an assist from gains in several big technology stocks. Markets were relatively calm...

Wall Street Bounces Back
From Last Week's Losses

MARKETS

Jun 21, 2021 4:02 PM CDT

Wall Street Bounces Back From Last Week's Losses

Dow surged 587 points

(Newser) - Stocks rebounded on Wall Street Monday and clawed back most of their sharp loss from last week. The S&P 500 snapped 1.4% higher as the initial jolt passed from the Federal Reserve’s reminder that it will eventually offer less help for markets. Oil producers, banks, and other...

After 'U-Turn on Easy Street,' Dow Has Worst Day in Months

After 'U-Turn on Easy Street,'
Dow Has Worst Week of 2021

MARKETS

Jun 18, 2021 3:06 PM CDT

After 'U-Turn on Easy Street,' Dow Has Worst Week of 2021

S&P also falls more than 1%

(Newser) - The day started ugly on Wall Street and ended in the same fashion. The Dow fell 533 points, or 1.5%, to 33,290; the S&P 500 fell 55 points, or 1.3%, to 4,166; and the Nasdaq fell 130 points, nearly 1%, to 14,030. It was...

A Fed Official's Prediction
Spooks the Stock Market

Jun 18, 2021 10:07 AM CDT

A Fed Official's Prediction Spooks the Stock Market

James Bullard thinks the Federal Reserve will start raising interest rates next year

(Newser) - When the Fed said earlier this week that it might start raising interest rates in 2023, the stock market wasn't happy . On Friday, when a Fed official said the hikes could come even sooner, the market's mood got even worse. In early trading, the Dow was down about...

Tech Stocks Keep Market's
Day From Being Worse

MARKETS

Jun 17, 2021 3:07 PM CDT

Tech Stocks Keep Market's Day From Being Worse

Investors continue to digest moves by the Fed

(Newser) - Stock indexes flipped between gains and losses on Wall Street Thursday as investors made preparations for a future where the Federal Reserve is no longer doing everything it can to keep interest rates super low. The Dow fell 210 points to 33,823, the S&P 500 fell a single...

Markets Drop as Fed
Projects Rate Hikes

MARKETS

Jun 16, 2021 3:41 PM CDT

Markets Drop as Fed Projects Rate Hikes

Central bank might also slow down bond buys

(Newser) - Stocks fell on Wall Street and bond yields rose Wednesday after Federal Reserve officials signaled they may start easing off the accelerator on their massive support for markets and the economy earlier than previously thought. The S&P 500 fell 0.5% after a highly anticipated set of projections by...

Stocks Dip as Investors
Await Fed Decision

MARKETS

Jun 15, 2021 3:51 PM CDT

Stocks Dip as Investors Await Fed Decision

Inflation at the wholesale level leaped last month

(Newser) - US stocks slipped from their record heights Tuesday as investors waited to hear whether the Federal Reserve will give any clue about when it may let up on its massive support for markets. The S&P 500 dipped 8.56, or 0.2%, to 4,246.59, as the Federal...

Big Tech Gains Nudge
S&P 500 to Record High

MARKETS

Jun 14, 2021 3:51 PM CDT

Big Tech Gains Nudge S&P 500 to Record High

Tech rises offset losses among banks, industrial stocks

(Newser) - Gains in several big-name tech companies including Apple helped nudge the S&P 500 to another record high Monday, even as other parts of the market faltered. The benchmark index was lower for most of the day, then turned higher in the last 10 minutes of trading, ending up 0....

S&P Ekes Out
Another Record Close

MARKETS

Jun 11, 2021 3:05 PM CDT

S&P Ekes Out Another Record Close

Dow edges up, too

(Newser) - It was a so-so day on Wall Street to cap the week. The Dow rose 13 points to 34,479, the benchmark S&P 500 ticked up 8 points to 4,247 and another record close, and the Nasdaq rose 49 points to 14,069. Technology and financial companies made...

Market Shrugs Off
Report on Inflation

markets

Jun 10, 2021 3:07 PM CDT

Market Shrugs Off Report on Inflation

S&P closes at a record high

(Newser) - Investors have been worried about rising inflation for weeks now, but a new report showing a big jump in May didn't much faze the markets on Thursday. The Dow rose 19 points to 34,466, the S&P 500 rose 19 points to 4,239, and the Nasdaq climbed...

'Meme Stocks'
Take a Hit in
Erratic Trading

MARKETS

Jun 9, 2021 3:56 PM CDT

'Meme Stocks' Take a Hit in Erratic Trading

Wendy's gave up half of its Tuesday gains

(Newser) - Stocks gave up an early gain and turned lower in the last half-hour of trading Wednesday, leaving major indexes with modest losses. The S&P 500 lost 0.2% and the Dow Jones Industrial Average gave up 0.4%. The tech-heavy Nasdaq held up somewhat better, ending down just 0....

Wendy's Is Among the
Newest 'Meme Stocks'

MARKETS

Jun 8, 2021 3:35 PM CDT

Wendy's Is Among the Newest 'Meme Stocks'

Shares jumped 24.9% Tuesday

(Newser) - Major indexes closed mostly higher on Wall Street Tuesday, thanks largely to gains in a handful of Big Tech companies. Small-company stocks continued to outpace the rest of the market, while investors’ attention turned to huge gains in a new batch of "meme" stocks favored by online investors, including...

Biogen Soars 40% After
FDA Approves New Drug

MARKETS

Jun 7, 2021 3:35 PM CDT

Biogen Soars 40% After FDA Approves New Drug

Firm was biggest gainer in S&P 500

(Newser) - Stocks clawed back much of their early losses and ended mixed on Wall Street Monday. The S&P 500 slipped less than 0.1% and the Nasdaq rose 0.5%. The subdued opening to the week follows several choppy weeks as investors continue to gauge the economy’s recovery and...

So-So Jobs Report
Is Good News for Markets

MARKETS

Jun 4, 2021 3:04 PM CDT

So-So Jobs Report Is Good News for Markets

Major indexes rise because Fed isn't expected to pull back on efforts

(Newser) - Stocks closed higher on Wall Street Friday after a lukewarm report on the job market raised hopes the Federal Reserve will keep the accelerator floored on its support for the economy. The Dow rose 179 points to 34,756, the S&P 500 rose 37 points to 4,229, and...

Markets Dip on Eve
of New Jobs Data

MARKETS

Jun 3, 2021 3:07 PM CDT

Markets Dip on Eve of New Jobs Data

Dow slips 23 points

(Newser) - The word of the day for Wall Street: wobbly. Both the AP and the Wall Street Journal use the word or a variation in describing Thursday's trading. The Dow fell 23 points to 34,577, the S&P 500 fell 15 points to 4,192, and the Nasdaq fell...

AMC Embraces 'Meme Stock'
Status—With Free Popcorn

THE RUNDOWN

Jun 3, 2021 8:30 AM CDT

AMC Embraces 'Meme Stock' Status—With Free Popcorn

'Investor Connect' program offers them free popcorn

(Newser) - Four months after GameStop's wild ride rocked Wall Street , so-called "meme stocks" are making waves again—especially AMC Entertainment. The movie theater company's share price almost doubled Wednesday, closing at a record high for the first time since 2015, and it is up 417.8% since May...