stock market

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Dow Fizzles as COVID Relief Remains in Limbo
Dow Fizzles as COVID
Relief Remains in Limbo
MARKETS
Oct 23, 2020 3:05 PM CDT

Dow Fizzles as COVID Relief Remains in Limbo

Index falls 28 points

(Newser) - The Dow ended the week on a down note, and a familiar reason is getting the blame: uncertainty over a COVID relief package in Congress. The index fell 28 points to 28,335, while the S&P 500 gained 11 points to 3,465, and the NASDAQ rose 42 points...

Earnings Reports Provide a Lift
Earnings Reports
Provide a Lift
MARKETS
Oct 22, 2020 3:35 PM CDT

Earnings Reports Provide a Lift

Market welcomes Pelosi's confidence on stimulus bill

(Newser) - Stocks shook off a wobbly start Thursday and ended higher on Wall Street. The S&P 500 climbed 0.5%. Several earnings reports from big US companies came in better than analysts had expected, the AP reports, which helped put investors in a buying mood. Also, House Speaker Nancy Pelosi...

With Fate of Aid Deal Unclear, Stocks Slip Downward
Netflix Stock Drops After
Weak Profit Report
MARKETS
Oct 21, 2020 3:35 PM CDT

Netflix Stock Drops After Weak Profit Report

It was a much better day for social media firms

(Newser) - Stocks closed lower on Wall Street Wednesday as negotiations continued to drag on in Washington over delivering more aid for the economy. The S&P 500 lost 0.2% Wednesday after spending much of the day wobbling between gains and losses. House Speaker Nancy Pelosi said she’s made progress...

Stocks Close Higher After Strong Company Reports
Solid Earning Reports
Give Markets a Boost
MARKETS
Oct 20, 2020 4:02 PM CDT

Solid Earning Reports Give Markets a Boost

Netflix, however, had disappointing news

(Newser) - Stocks closed broadly higher Tuesday as Wall Street welcomed a batch of solid earnings reports from US companies. The S&P 500 gained 0.5%, recouping some of its loss from a day earlier. Technology, communication, and financial stocks powered most of the gains, while household goods makers fell, the...

With No Stimulus Likely, Dow Drops 410 Points
With No Stimulus Likely,
Dow Drops 410 Points
MARKETS
Oct 19, 2020 4:09 PM CDT

With No Stimulus Likely, Dow Drops 410 Points

S&P 500 had its worst day in weeks

(Newser) - Stocks gave up some of their recent gains Monday as Wall Street's hopes that Washington will come through with badly needed aid for the economy before Election Day faded. The S&P 500 dropped 1.6%, its worst day in more than three weeks. The benchmark index had been...

A Retail Sales Streak Gives the Dow a Lift
A Retail Sales Streak
Gives the Dow a Lift
MARKETS
Oct 16, 2020 3:05 PM CDT

A Retail Sales Streak Gives the Dow a Lift

Index rises 112, but the S&P is flat

(Newser) - The Dow snapped its losing streak Friday thanks in part to stronger-than-expected retail sales numbers. The index rose 112 points to 28,606, while two other major indexes didn't fare as well. The S&P 500 ticked up less than a point to 3,483 and the Nasdaq dropped...

Wall Street Remains in a Funk
Wall Street Remains
in a Funk
MARKETS
Oct 15, 2020 3:06 PM CDT

Wall Street Remains in a Funk

All 3 major indexes end up in the red

(Newser) - After last week's strong performance, the stock market now can't find any forward momentum. On Thursday, the Dow fell 19 points to 28,494, the S&P fell 5 points to 3,483, and the Nasdaq fell 54 points to 11,713. Worse-than-expected unemployment data, rising pessimism about...

New Jobless Numbers Going in Wrong Direction

Nearly 900K applied for benefits last week

(Newser) - New unemployment data came out Thursday morning, and the numbers are not sitting well with Wall Street investors. The Labor Department says 898,000 people applied for jobless benefits last week, exceeding estimates by about 70,000, reports CNBC . The figure is up more than 50,000 from the previous...

Stocks Drop as Stimulus Hopes Fade
Markets 'Listless' as
Stimulus Hopes Fade
MARKETS
Oct 14, 2020 4:00 PM CDT

Markets 'Listless' as Stimulus Hopes Fade

'The time for being able to pull this off is now coming to a close'

(Newser) - Stocks gave up early gains and closed lower Wednesday, adding to Wall Street's losses from a day earlier. The S&P 500 fell 0.7% after spending the morning swaying between small gains and losses. Companies that rely on consumer spending, banks, and technology and communication stocks bore the...

Wall Street&#39;s 4-Day Winning Streak Is Over
Dow Slumps 157 Points
Amid Vaccine Worries
MARKETS
Oct 13, 2020 3:46 PM CDT

Dow Slumps 157 Points Amid Vaccine Worries

Wall Street's 4-day rally is over

(Newser) - Banks and technology companies led a broad slide for stocks on Wall Street Tuesday, snapping the market's four-day winning streak. The S&P 500 lost 0.6%, giving back some of its gains from a day earlier. The pullback in stocks comes as many forces are pushing and pulling...

Big Tech Gains Send Wall St. Higher
Big Tech Gains
Send Wall St. Higher
MARKETS
Oct 12, 2020 3:59 PM CDT

Big Tech Gains Send Wall St. Higher

Markets shrug off lack of stimulus progress

(Newser) - Solid gains for technology stocks pushed Wall Street higher Monday, tacking more gains onto last week’s rally. Big Tech companies including Apple and Amazon, whose businesses have been thriving despite the pandemic, led the way higher. Companies that depend more on broad growth in the economy didn’t rise...

One Sign of Racial Inequity: Look at the Stock Market

Percentage of white families that own stocks is almost double that of Blacks

(Newser) - Americans who own stocks are pulling further away from those who don't, as Wall Street roars back to record heights while much of the economy struggles. And Black households are much more likely to be in that not-as-fortunate group that isn't in the stock market, per the AP...

Market Has Strongest Week in Months
Recent Polls May Be
Giving Markets a Lift
MARKETS
Oct 9, 2020 3:07 PM CDT

Recent Polls May Be Giving Markets a Lift

A decisive win would mean less volatility after the election, notes the Wall Street Journal

(Newser) - Wall Street closed out a strong week on Friday—in fact, the strongest in three months. The benchmark S&P 500 rose 30 points to 3,477, putting it up about 4% on the week for its best performance since July, reports the AP . The Dow rose 161 points to...

Stimulus Hopes Again Affect the Markets
Stimulus Hopes Again
Affect the Markets
MARKETS
Oct 8, 2020 3:06 PM CDT

Stimulus Hopes Again Affect the Markets

Dow rises 122

(Newser) - Markets rose again on Thursday amid hopes that Congress and the White House will be able to agree on some sort of stimulus bill. Also helping was a Labor Department report suggesting that layoffs were slowing a bit, per the AP . The Dow rose 122 points to 28,425, the...

Dow Just Had Its Best Day Since July
Dow Jumps 530 Points
After Trump U-Turn
MARKETS
Oct 7, 2020 3:18 PM CDT

Dow Jumps 530 Points After Trump U-Turn

Markets are 'addicted to stimulus,' analyst says

(Newser) - Stocks marched higher on Wall Street Wednesday after President Trump appeared to backtrack on his decision to halt talks on another rescue effort for the economy. The S&P 500 climbed 1.7% higher in trading after Trump sent a series of tweets late Tuesday saying he’s open to...

Dow Dives 375 Points After Trump Calls Off Relief Talks

'This really goes to the health of the recovery'

(Newser) - Stocks turned sharply lower on Wall Street Tuesday afternoon after President Donald Trump ordered a stop to negotiations with Democrats on a coronavirus economic stimulus bill until after the election. The S&P 500 index slid 1.4% after having been up 0.7% prior to the president’s announcement,...

Stocks Jump as Trump Prepares to Leave Hospital

Dow up 465 points amid stimulus hopes

(Newser) - Stocks closed broadly higher Monday as hopes for economic aid from Washington helped Wall Street recover its losses from its initial, fearful reaction after learning that President Trump tested positive for the coronavirus. The S&P 500 climbed 1.8%, and the gains were widespread, the AP reports. Energy and...

Stocks Steady After Drop Following Trump's Test

Partial recovery Friday preserves gains for the week

(Newser) - Wall Street’s major stock indexes fell on Friday after President Trump tested positive for the coronavirus, but the losses ended up milder than investors braced for early in the morning. The S&P 500 lost 1% after paring an earlier 1.7% drop. Still, most of the stocks in...

Trump Diagnosis Hits Stock Futures, World Markets

'To say this potentially could be a big deal is an understatement'

(Newser) - US stock futures and world markets fell Friday after President Trump said he and first lady Melania Trump had tested positive for the coronavirus. The future contracts for both the S&P 500 and the Dow industrials dropped nearly 2% but were trading 1.2% lower several hours later, the...

Up-and-Down Day Ends With Gains
Stocks Climb as
Market Waits on a Plan
MARKETS
Oct 1, 2020 5:15 PM CDT

Stocks Climb as Market Waits on a Plan

One analyst calls the political backdrop 'toxic'

(Newser) - US stocks climbed Thursday, but only after pinballing through another shaky day of trading, as Wall Street waits to see if the federal government can get past partisanship to deliver another economic rescue package, the AP reports. The Dow rose 35.20 points to 27816.90, the S&P 500...

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