stock market

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Vaccine Results Expected to Give Stock Market a Lift

Dow futures jump 650 points, in part on good news from Moderna trials

(Newser) - The stock market is expected to get off to a strong start on Monday after last week's struggles. Dow futures jumped 650 points, nearly 3%, and part of the reason is a promising report from drug-maker Moderna about a coronavirus vaccine, reports CNBC . The company says its vaccine contender...

Investors Waffle as Discouraging Reports Roll In

Market is of two minds, analyst says

(Newser) - Stocks capped another wobbly day of trading on Wall Street with modest gains Friday, though the S&P 500 still ended with its biggest weekly loss in nearly two months, per the AP . The benchmark index rose 0.4% after falling 1.3% earlier in the day as investors weighed...

Stocks Shake Off Early Stumbles, End Higher
Stocks Shake Off Early
Stumbles, End Higher
MARKETS
May 14, 2020 3:15 PM CDT

Stocks Shake Off Early Stumbles, End Higher

Dow rises 377

(Newser) - The stock market ended a choppy day higher as a turnaround by banks and energy companies helped end a two-day losing streak, per the AP . The S&P 500 managed a gain of 1.2%, rising 32 points to 2,852, but it’s still down 2.6% for the...

Reserve Chair Speaks, and Wall Street Slides Again

The S&P 500 lost 1.7% as stocks fell for second straight day

(Newser) - Stocks fell for the second day in a row Wednesday on Wall Street, weighed down by worries about a slow recovery for the economy, the AP reports. The weakness came after Federal Reserve Chair Jerome Powell warned about the threat of a prolonged recession because of the shutdowns related to...

Wall Street Just Had Its Worst Day This Month
Wall Street Just Had
Its Worst Day This Month
MARKETS
May 12, 2020 3:57 PM CDT

Wall Street Just Had Its Worst Day This Month

Investors have got the reopening jitters

(Newser) - Worries about the downside of reopening the economy too soon are weighing on markets, and Wall Street fell Tuesday to its biggest loss since the start of the month. The S&P 500 dropped 2.1% after spending much of the day drifting between small gains and losses, as investors...

Banks Down, Health Stocks Up in Mixed Day for Wall St.

Major indexes mostly erased early losses

(Newser) - Major stock indexes erased much of their early losses, leaving the market mixed at the end of trading Monday. Companies whose fortunes are most closely linked to how well the economy is doing took the biggest losses, including banks, energy, and basic materials companies, the AP reports. The S&P...

After Awful Jobs Report, Stock Market ... Surges

Investors apparently hoping it can't get any worse

(Newser) - Wall Street rallied again on Friday after a terrible, unprecedented report on the US jobs market wasn’t quite as horrific as economists had forecast, per the AP . The S&P 500 rose 48 points to 2,929; the Dow rose 455 points to 24,331; and the Nasdaq rose...

Stock Market Climbs on Hopes Pain Is Easing
Stock Market Climbs
on Hopes Pain Is Easing
MARKETS
May 7, 2020 3:15 PM CDT

Stock Market Climbs on Hopes Pain Is Easing

Dow is up 211 points

(Newser) - Stocks climbed Thursday amid a mix of optimistic and pessimistic news on the coronavirus front. The S&P 500 rose 32 points to 2,881, the Dow rose 211 points to 23,875, and the Nasdaq climbed 125 points to 8,979. The Dow's gain was below 1% and...

S&amp;P 500 Has Its First Loss This Week
Stocks Were Rising
Until This Data Came In
markets
May 6, 2020 3:10 PM CDT

Stocks Were Rising Until This Data Came In

The S&P 500 suffers its first loss this week

(Newser) - Stocks fell on Wall Street Wednesday, sending the market to its first loss in three days, after more depressing data rolled in on the devastation sweeping the global economy, the AP reports. The S&P 500 dropped 0.7%, and three out of four stocks in the index sank. But...

Markets Edge Up as Restrictions Relaxed
Oil Prices Jump as
Restrictions Relaxed
MARKETS
May 5, 2020 3:52 PM CDT

Oil Prices Jump as Restrictions Relaxed

Dow Jones, S&P 500 edge upward

(Newser) - Stocks closed broadly higher on Wall Street Tuesday as more countries relaxed restrictions on businesses, raising hopes for a recovery from the historic plunge that is sweeping the global economy. The S&P 500 rose 0.9% after losing about half of its early gains in a late-afternoon burst of...

Airline Stocks Nosedive After Buffett Move
Airline Stocks Nosedive
After Buffett Move
MARKETS
May 4, 2020 4:02 PM CDT

Airline Stocks Nosedive After Buffett Move

But market held steady after tech gains

(Newser) - Stock markets held steady Monday after gains in technology firms offset major losses in airlines following Warren Buffett's announcement Saturday that he is dumping all his airline shares . Netflix was up by 3.1% and Microsoft rose 2.45%, while Amazon, Apple, and Facebook saw smaller gains, CNBC reports....

After Great April, Stocks Start May With a Thud

Dow falls more than 600 points

(Newser) - Stocks fell Friday after Amazon and other big companies laid out how the coronavirus pandemic is hitting their bottom lines. A day after closing out its best month since 1987, the S&P 500 dropped 81 points, or 2.8%, to 2,830. Meanwhile, the Dow fell 622 points, or...

Stocks Fall, but Wrap Up Strongest Month in Decades

S&P 500 rises nearly 13% in April

(Newser) - Stocks fell on Wall Street Thursday after more reports made clear the worldwide devastation the coronavirus outbreak is causing for the economy, per the AP . The Dow dropped 288 points to 24,345, the S&P 500 dropped 27 points to 2,912, and the Nasdaq fell 25 points to...

Stocks Surge After Possible Virus Breakthrough
Stocks Surge After
Possible Virus Breakthrough
MARKETS
Apr 29, 2020 3:35 PM CDT

Stocks Surge After Possible Virus Breakthrough

Investors looked past troubling figures on US economy

(Newser) - Stocks around the world whipped higher Wednesday, riding a wave of optimism on encouraging data about a possible treatment for COVID-19. The upswell of hope was so strong that investors completely sidestepped a report showing the outbreak drove the US economy to its worst quarterly performance since the Great Recession,...

Tech Stocks Sag on Mixed Day for Wall Street
Dow's Winning Streak 
Ends as Tech Stocks Drop
MARKETS
Apr 28, 2020 3:46 PM CDT

Dow's Winning Streak Ends as Tech Stocks Drop

Microsoft, Apple, Amazon all finished down

(Newser) - Stocks ended lower on Wall Street Tuesday after an early gain evaporated, snapping the market's two-day winning streak. The losses were led by companies that have been investor favorites including Microsoft, Apple, and Amazon, the AP reports. The S&P 500 fell 0.5% Tuesday and the Nasdaq, which...

Markets End Wild Week With a Solid Gain
Markets End Wild Week
With a Solid Gain
MARKETS
Apr 24, 2020 3:05 PM CDT

Markets End Wild Week With a Solid Gain

Dow is up 250 points

(Newser) - Stocks ended the week with a strong afternoon push to end solidly in positive territory. Friday’s trading in US markets offered a soothing coda to what’s been a wild week. From Monday’s astonishing plummet for oil to Thursday’s sudden disappearance of a morning stock rally, markets...

Early Rally Fades, Leaves Markets Flat
Early Rally Fades,
Leaves Markets Flat
MARKETS
Apr 23, 2020 3:10 PM CDT

Early Rally Fades, Leaves Markets Flat

Dow ticks up 39

(Newser) - The stock market ended another turbulent day more or less where it started after an early rally got washed away, per the AP . The S&P 500 ended with a tiny loss Thursday, having given up an early gain of 1.6%. The market’s latest bumpy ride shows how...

Democrat Overseeing $500B: Sorry for My Stock 'Mistake'

Donna Shalala failed to report transactions

(Newser) - The one House Democrat on a committee overseeing $500 billion for companies affected by the pandemic has apologized over her own financial blunders. Rep. Donna Shalala says she sold stocks last year to avoid any conflict of interest, but violated the STOCK Act by failing to report the transactions within...

Price of Oil Drops Below Zero
Oil Futures Drop
Below Zero for First Time
markets
Apr 20, 2020 2:40 PM CDT

Oil Futures Drop Below Zero for First Time

And the Dow falls about 600 points

(Newser) - It's been a historic day in the financial markets: Oil futures plunged below zero Monday for the first time as demand for energy collapsed amid the coronavirus pandemic. The plunge led to a drop in stocks, too: The Dow fell 592 points, or 2.4%, to 23,650; the...

Short Sellers Are Aggressively Betting Against the Market

They think stocks are in for another big fall

(Newser) - Stocks were down Monday morning, but the dip follows two straight weeks of gains on Wall Street. So are the crazy declines from the coronavirus outbreak behind us? Not in the eyes of short sellers, reports the Wall Street Journal . They're betting against the market more aggressively than they...

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