stock market

Stories 961 - 980 | << Prev   Next >>

Tech Stocks Drag Broader Market Down
Tech Stocks Drop
for 6th Day in a Row
MARKETS

Tech Stocks Drop for 6th Day in a Row

Apple, Amazon saw some of the biggest falls

(Newser) - Stocks closed lower on Wall Street Tuesday, dragged down by big technology companies like Apple and Microsoft. The declines marked the sixth straight losing day for technology stocks, the AP reports. Investors continue to focus on corporate earnings and gauge the economic recovery’s progress. Earnings and most economic indicators...

Dow Jumps 237 Points as US Outlook Brightens
Dow Jumps 237 Points
as US Outlook Brightens
MARKETS

Dow Jumps 237 Points as US Outlook Brightens

Gap, Mohawk Industries among the biggest risers

(Newser) - Stocks closed solidly higher Monday as investors cheered a strong dose of positive earnings reports as well as economic data that showed the US economy is growing. Shares of clothing retailer Gap Inc. and flooring manufacturer Mohawk Industries both gained more than 7%. The Institute for Supply Management’s manufacturing...

Stocks Have a Rocky Day, but Cap a Strong Month
Stocks Have a Rocky Day,
but Cap a Strong Month
MARKETS

Stocks Have a Rocky Day, but Cap a Strong Month

S&P up about 5% in April

(Newser) - Stocks fell broadly Friday as investors backed away from technology and communications companies, per the AP . Despite the decline, the market had its best month so far this year, as investors remain optimistic that the pandemic is slowly and steadily coming to a close. For the day, the Dow fell...

Markets Finish in a Good Mood
Markets Finish in a Good Mood
MARKETS

Markets Finish in a Good Mood

Dow was up 239 after a shaky morning

(Newser) - Stocks shook off a wobbly start Thursday to finish in positive territory. The S&P 500 rose 28 points to 4,211, the Dow rose 239 points to 34,060, and the Nasdaq rose 31 points to 14,082. All the gains were under 1%. New earnings reports and economic...

Biden's Stock Market Start Is a Milestone Since FDR

S&P up 10%, best 100-day performance at beginning of presidential term in decades

(Newser) - When the stock market closes on Thursday, the Wall Street Journal reports that President Biden will have some bragging rights—the best 100-day start for a president since FDR. The benchmark S&P 500 is up 10% since Biden's inauguration on Jan. 20, second only to Franklin Delano Roosevelt'...

Google Parent Company Up 3.8% as Profits Double

Indexes dipped after Fed left rate near zero

(Newser) - Major US stock indexes ended slightly lower on Wall Street Wednesday after the Federal Reserve left its key interest rate unchanged near zero, even as it noted recent improvement in the economy. Investors were also dealing with a wave of earnings reports from major U.S. companies and looking ahead...

UPS Jumps More Than 10% After Surge in Volume, Profits
Stock Jumps 11% After
UPS Delivers Good News
MARKETS

Stock Jumps 11% After UPS Delivers Good News

It was S&P 500's best performer Tuesday

(Newser) - Major US stock indexes ended a wobbly day mixed on Wall Street, keeping the S&P 500 near the record high it set a day earlier. The benchmark index ended down less than one point Tuesday and the Dow Jones Industrial Average closed basically unchanged. It’s a heavy week...

Indexes Hit Record Highs as Corporate Profits Soar
Corporate Profits Are
Way Up From a Year Ago
MARKETS

Corporate Profits Are Way Up From a Year Ago

S&P, Nasdaq hit new record highs

(Newser) - Modest gains for stocks nudged the S&P 500 and the Nasdaq to more record highs on Wall Street as investors braced for a deluge of earnings reports from big US companies. Of the 500 members of the S&P 500 index, 181 will report their results this week. Apple,...

An Up-and-Down Week Ends on the &#39;Up&#39; Side
An Up-and-Down Week
Ends on the 'Up' Side
MARKETS

An Up-and-Down Week Ends on the 'Up' Side

S&P rises 1%

(Newser) - Stocks ended in positive territory Friday to cap a choppy week. The Dow rose 227 points, or 0.6%, to 34,043; the S&P 500 rose 45 points, or 1%, to 4,180; and the Nasdaq rose 198 points, or 1.4%, to 14,016. The gains were shared...

Report of Hefty Tax Hike Puts Wall Street in Bad Mood

Bloomberg says Biden may double capital gains tax rate on wealthy to about 40%

(Newser) - The stock market had a rough day, and the Wall Street Journal blames speculation that President Biden plans to raise the capital gains tax rate. The Dow fell 321 points to 33,815, the S&P 500 fell 38 points to 4,134, and the Nasdaq fell 131 points to...

It Was a Winning Day on Wall St., But Not for Netflix

Company fell 7.4% after disappointing news on subscriber growth

(Newser) - Stocks ended broadly higher on Wall Street after steadily gaining throughout the day. The S&P 500 index added 0.9% Wednesday following its first back-to-back loss since March. Technology companies and banks helped lead the way higher. Communications stocks were among the only losers, led by a 7.4%...

United Airlines Stock Tumbles 8.5%
United Airlines Stock
Tumbles 8.5%
MARKETS

United Airlines Stock Tumbles 8.5%

Tech stocks led broader market lower

(Newser) - Stocks closed lower on Wall Street, led by drops in technology companies and banks. The S&P 500 gave back 0.7%, pulling the index further below the record high it set on Friday. Small-company stocks, which have been beating the rest of the market in recent months, fell more...

Tesla Shares Drop 3.7% After Deadly Crash
Tesla Shares Drop
3.7% After Deadly Crash
MARKETS

Tesla Shares Drop 3.7% After Deadly Crash

Tech stocks led Wall Street pullback

(Newser) - Stocks closed broadly lower on Wall Street Monday, pulling major indexes below the record highs they reached last week. The S&P 500 fell 0.5% and the tech-heavy Nasdaq lost 1%. Small-company stocks did worse than the rest of the market. Technology stocks had some of the biggest pullbacks,...

S&amp;P 500 Keeps Its Winning Streak Alive
S&P 500 Keeps Its
Winning Streak Alive
MARKETS

S&P 500 Keeps Its Winning Streak Alive

It reaches another record, as does the Dow

(Newser) - Major indexes reached records again on Friday after a tick up in bond yields helped lift bank stocks. The broad gains in the market were tempered by a so-so performance by technology stocks. Crude oil prices also slipped and weighed down energy companies, per the AP . The Dow rose 164...

Dow Cracks 34K for First Time
Dow Cracks 34K for First Time
MARKETS

Dow Cracks 34K for First Time

Record falls on strong economic data

(Newser) - The strong economic news in the morning didn't waver in the afternoon as the stock market again reached record territory. The Dow closed above 34,000 for the first time, rising 305 points to 34,035; the S&P 500 climbed 45 points to a record 4,170; and...

Crypto Exchange Valued at $87B in Stock Market Debut

Bank stocks were mixed despite strong earnings reports

(Newser) - Most US stocks rose Wednesday following an encouraging start to what’s expected to be a thunderous earnings reporting season, but major indexes still ended mixed as drops in several tech heavyweights including Apple and Facebook weighed them down. The S&P 500 fell 0.4%, to 4,124.66...

Markets Feel Impact of Bad News on Vaccine
Markets Feel Impact of
Bad News on Vaccine
MARKETS

Markets Feel Impact of Bad News on Vaccine

Moderna jumped 6.8% after regulators recommended pause on rival vaccine

(Newser) - Stocks closed mixed on Wall Street Tuesday as gains from a handful of Big Tech companies were tempered by weakness elsewhere in the market. Treasury yields fell, which hurt banks but helped tech companies, the AP reports. The S&P 500 rose 0.3%, notching another record high. Among major...

Stocks Close Just Short of Record Highs
Stocks Close
Just Short of
Record Highs
MARKETS

Stocks Close Just Short of Record Highs

Wall Street expects big profits for major banks

(Newser) - Stocks ended just below the latest record highs they hit last week as technology companies slipped. The S&P 500 edged down less than 0.1% Monday and the tech-heavy Nasdaq gave up 0.4%. Investors are continuing to focus on the economic recovery as well as concerns about inflation...

Stocks Extend Push Into Record Territory
Stocks Extend Push
Into Record Territory
MARKETS

Stocks Extend Push Into Record Territory

Dow rises nearly 300 points

(Newser) - Stocks ended the week in upbeat fashion Friday as a rise in bond yields helped lift the shares of banks. The Dow rose 297 points to a record high of 33,800, the S&P rose 31 points to a record of its own at 4,128, and the Nasdaq...

S&amp;P Notches Another Record
S&P Notches Another Record
MARKETS

S&P Notches Another Record

Tech stocks have a good day in the market

(Newser) - Stocks ticked upward again on Thursday, helped by large technology companies that have benefitted from steady bond yields. The Dow gained 57 points to 33,503, the S&P 500 rose 17 points to another record of 4,097, and the Nasdaq rose 140 points to 13,829. The easing...

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