stock market – News Stories About stock market - Page 58

Sep 4, 2020 10:46 AM CDT

Stock Market's Selloff Continues

Thursday's rout extends into Friday

(Newser) - If you were hoping Wall Street would rebound on Friday from Thursday's big selloff , then you might want to skip the financial news this morning. Around midday, it was clear that the rout was continuing: The Dow was down about 580 points, or 2%; the S&P 500 was...

Market Just Had
Its Worst Day in Weeks

Sep 3, 2020 3:05 PM CDT

Market Just Had Its Worst Day in Weeks

Nasdaq is down nearly 5%

(Newser) - A rough morning on Wall Street only got worse as the day went on. By the closing bell, the market—and tech stocks in particular—had suffered its worst day in weeks, reports the Wall Street Journal . The numbers: The Dow fell 807 points, or 2.7%, to 28,292;...

'Exhaustion'
Finally
Catches Up
to Markets

Sep 3, 2020 11:05 AM CDT

'Exhaustion' Finally Catches Up to Markets

Apple and other tech stocks lead the plunge

(Newser) - On Wednesday, the stock market had a very good day as the Dow climbed back over 29,000. Thursday is telling a much different story. The numbers around midday were bleak: The Dow was down 531 points, or nearly 2%, to 28,554; the S&P 500 was down 92...

Wall Street Just Had
Its Best Day Since July

MARKETS

Sep 2, 2020 4:13 PM CDT

Wall Street Just Had Its Best Day Since July

S&P 500, Nasdaq hit new highs

(Newser) - The Dow Jones Industrial Average surged more than 450 points Wednesday as the stock market notched its best day in nearly two months. The S&P 500 rose 1.5%, its best day since July 6. The benchmark index and the Nasdaq composite each hit new highs, extending Wall Street’...

S&P 500, Nasdaq Start
Month With New Highs

MARKETS

Sep 1, 2020 4:16 PM CDT

S&P 500, Nasdaq Start Month With New Highs

Zoom was up more than 40%

(Newser) - Wall Street kicked off September with another set of milestones Tuesday, as an afternoon rally carried the S&P 500 and Nasdaq composite to all-time highs. The S&P 500 bounced back from a modest loss in the early going to finish 0.8% higher a day after the benchmark...

Analysts Warn
of 'Correction' as
Stocks Edge Lower

MARKETS

Aug 31, 2020 4:15 PM CDT

Analysts Warn of 'Correction' as Stocks Edge Lower

But S&P 500 is still up 7% for the month

(Newser) - Stocks ended mostly lower on Wall Street Monday as the market gave back some of its recent gains following a five-week winning streak. The S&P 500 lost 0.2% as declines in banks and industrial stocks offset more gains for technology companies. It still managed to end August up...

Dow Returns to Positive
Ground for the Year

MARKETS

Aug 28, 2020 3:04 PM CDT

Dow Returns to Positive Ground for the Year

S&P has 5th straight winning week en route to new high

(Newser) - The stock market wrapped up another strong week Friday with some notable milestones. The Dow rose 161 points to 28,653, putting it back into positive territory for 2020, reports CNBC . And the S&P 500 rose 23 points to 3,507, another new high that marked its fifth straight...

Shift on Interest Rates
Gives Dow a Lift

MARKETS

Aug 27, 2020 3:07 PM CDT

Shift on Interest Rates Gives Dow a Lift

Index is now closing in on positive territory for the year

(Newser) - This might not have seemed possible in the worst of the pandemic, but the Dow is now closing in on positive territory for 2020, reports CNBC . Thanks to a policy shift by the Fed that should keep interest rates low, the Dow rose 160 points to 28,492 on Thursday....

Massive Tech Profits
Lift S&P 500 to New High

MARKETS

Aug 26, 2020 3:58 PM CDT

Massive Tech Profits Lift S&P 500 to New High

Index rose despite falls in many sectors

(Newser) - More blowout profit reports from big tech companies pushed the S&P 500 to another record high on Wednesday. The benchmark index rose 1%, even though most of the stocks within it fell. Tech stocks accounted for the lion’s share of the gains. The S&P 500 gained 35....

S&P 500 Hits
Another Record High

MARKETS

Aug 25, 2020 4:39 PM CDT

S&P 500 Hits Another Record High

But Dow was down after mixed day for markets

(Newser) - Stocks were mixed on Wall Street Tuesday, but gains were strong enough for tech companies and other pockets of the market to carry the S&P 500 to its fourth straight gain and another record high. The benchmark index rose 12.34, or 0.4%, to 3,443.62, even...

Dow Jones Is Removing
Its Oldest Member

Aug 25, 2020 2:21 PM CDT

Dow Jones Is Removing Its Oldest Member

Exxon Mobil is among 3 leaving in shake-up

(Newser) - Three companies are departing the Dow Jones Industrial Average—including Exxon Mobil, currently the oldest member of the influential 30-company stock index. The oil giant, which joined the index in 1928 as Standard Oil, will be leaving along with Pfizer and Raytheon in the Dow's biggest shake-up since 2013,...

Markets Rally Amid
COVID Treatment Hopes

MARKETS

Aug 24, 2020 3:50 PM CDT

Markets Rally Amid COVID Treatment Hopes

S&P 500 adds to all-time high

(Newser) - Stocks plowed higher on Wall Street Monday, as hopes for a COVID-19 treatment and vaccine had investors looking ahead to the possibility of a healthier economy. The S&P 500 rallied 34.12, or 1%, to 3,431.28 and added to the all-time high it set last week, when...

Home Sales Give
Market a Late Jolt

MARKETS

Aug 21, 2020 3:03 PM CDT

Home Sales Give Market a Late Jolt

Sales of existing homes rose a record 24.7% in July

(Newser) - The stock market finished the week in strong fashion thanks to robust economic numbers that came out in the afternoon, reports CNBC . Sales of existing homes rose a record 24.7% in July from the previous month, and the average sale price rose to a record $304,100. Low interest...

Tech Stocks
Give Market a Lift

Aug 20, 2020 3:04 PM CDT

Tech Stocks Give Market a Lift

Dow sees a modest gain, while Nasdaq is up more than 1%

(Newser) - Tech stocks again carried the day on Wall Street, even in the face of disappointing news on jobless claims . For the day, the Dow rose 46 points to 27,739, the S&P 500 ticked up 10 points to 3,385, and the tech-heavy Nasdaq rose 118 points, more than...

Stocks Drop After
Fed Releases Minutes
From Policy Meeting

MARKETS

Aug 19, 2020 4:04 PM CDT

Stocks Drop After Fed Releases Minutes From Policy Meeting

S&P 500 falls back from all-time high

(Newser) - Stocks turned lower in late trading on Wall Street Wednesday, handing the S&P 500 a loss a day after it closed at a record high. The benchmark index fell 14.93 points, or 0.4%, to 3,374.85, a day after it wiped out the last of its...

S&P 500 Closes
at All-Time High

MARKETS

Aug 18, 2020 3:26 PM CDT

S&P 500 Closes at All-Time High

Bear market was quickest on record

(Newser) - Wall Street clawed back the last of the historic, frenzied losses unleashed by the coronavirus, as the S&P 500 closed at an all-time high Tuesday. The day’s move was a relatively mild one, nudging the index up 7.79 points, or 0.2%, to 3,389.78. That...

S&P Just
4 Points Below
All-Time High

MARKETS

Aug 17, 2020 4:21 PM CDT

S&P Just 4 Points Below All-Time High

'It seems like a nothing day until you realize we’re sitting right on an all-time high'

(Newser) - Stocks closed with modest gains on Wall Street, leaving the S&P 500 just shy of its record high. The benchmark index climbed 0.3% Monday, leaving it just four points below its record high close of 3,386.15. That record was set on Feb. 19, before the coronavirus...

Market Remains in a 'Pause'

MARKETS

Aug 14, 2020 3:07 PM CDT

Market Remains in a 'Pause'

Dow is up, while S&P remains shy of record

(Newser) - Wall Street ended the week with a blah day, and listless trading left the S&P 500 just shy of its record once again. The S&P fell about half a point to 3,372, the Dow rose 34 points to 27,931, and the Nasdaq fell 23 points to...

S&P Briefly Reaches
Record Territory

MARKETS

Aug 13, 2020 3:10 PM CDT

S&P Briefly Reaches Record Territory

Index surpasses all-time high closing mark, but ends up lower at the closing bell

(Newser) - The stock market had a relatively flat day on Thursday, though the S&P 500 briefly rose above its all-time record closing before ending the day lower, reports the AP . The benchmark S&P fell 6 points to 3,373, the Dow fell 79 points to 27,896, and the...

S&P 500 Breaks
All-Time Closing High

MARKETS

Aug 12, 2020 4:05 PM CDT

S&P 500 Breaks All-Time Closing High

'Economic data is coming in much better than expected'

(Newser) - Stocks marched broadly higher on Wall Street Wednesday, briefly nudging the S&P 500 above its all-time closing high set in February, before the coronavirus pandemic led to a historic market plunge. The benchmark index notched a 1.4% gain, its eighth in nine days. It ended within 0.2%...