stock market

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S&amp;P Has First Consecutive Weekly Gain Since Selloff
Dow Reclaims 24K
MARKETS

Dow Reclaims 24K

S&P posts consecutive weekly gains, first time since selloff began

(Newser) - Stocks rallied on Friday as investors latched onto strands of hope about progress in the fight against the coronavirus. The Dow rose 704 points to 24,242, the S&P 500 rose 75 points to 2,874, and the Nasdaq rose 117 points to 8,650. The Dow and S&...

Stocks Rise Slightly Despite Jobs Report
Stocks Rise Slightly
Despite Jobs Report
MARKETS

Stocks Rise Slightly Despite Jobs Report

Companies hit hardest by pandemic take biggest hits

(Newser) - Stock indexes ended a wobbly day with modest gains Thursday, while the biggest increases went to Amazon, Netflix, and other companies poised to do the best during the coronavirus shutdown. The S&P 500 rose 0.6% after flipping between small gains and losses all day, the AP reports. The...

Dow Jones Climbs Higher as States Talk Reopening
Talk of Reopening States
Gives Dow a Boost
MARKETS

Talk of Reopening States Gives Dow a Boost

Tech stocks powered 558-point gain

(Newser) - Technology companies led stocks higher on Wall Street Tuesday as investors focused on how and when authorities may begin to ease business shutdowns and limits on people’s movements imposed to slow the spread of the coronavirus. Big companies also started reporting their first-quarter earnings, giving investors an early peek...

Stocks Fall as Investors Brace for Earnings Reports

They start on Tuesday

(Newser) - Stocks generally closed lower on Wall Street Monday as investors braced for what is likely to be a tough week for company earnings because of the coronavirus outbreak. Major banks and other companies will start reporting their earnings this week, including JPMorgan Chase, which releases its report early Tuesday, per...

Wall Street Just Wrapped Up a Monster Week

S&P rose 12%, best jump since 1974; markets closed on Friday

(Newser) - The S&P 500 index closed out its best week since 1974 with another gain Thursday after the Federal Reserve launched its latest unprecedented effort to support the economy through the coronavirus outbreak, per the AP . (The stock market is closed on Friday to mark Good Friday.) For the...

Dow Opens Up 300
A 'Tentative Climb' at
the Open for the Dow
MARKETS

A 'Tentative Climb' at the Open for the Dow

Starts the day up 300 points

(Newser) - Dr. Anthony Fauci offered words of encouragement on Wednesday, and the markets took notice. CNBC reports the Dow opened up 300 points, or 1.4% and just below 23,000, after Fauci indicated a coronavirus turnaround could come into play next week. The S&P 500 and Nasdaq both rose...

Dow Sags 26 Points on Quick Plunge in Oil Prices

Major indexes were up 3% earlier in the day

(Newser) - A rally on Wall Street evaporated after the price of crude oil took a sudden turn lower, deflating gains in the energy sector. Major indexes ended slightly lower Tuesday after being up more than 3% earlier, reports the AP . The market was coming off an even bigger gain of 7%...

Stock Market Off to Another Strong Start
Dow Off to Another
Strong Start

Dow Off to Another Strong Start

Index rises 800 points at the open

(Newser) - Monday's optimism on Wall Street is carrying into another day. The Dow rose 800 points at the open Tuesday, more than 3%, reports CNBC . The S&P 500 and the Nasdaq also were up more than 2%. Once again, investors seem optimistic that the coronavirus outbreak was slowing around...

Markets Surge 7% on Glimmers of Hope
Markets Surge 7%
on Glimmers of Hope
MARKETS

Markets Surge 7% on Glimmers of Hope

Deadliness of outbreak could be slowing in areas

(Newser) - A worldwide rally gained steam on Wall Street Monday, propelling major indexes up more than 7%, as traders cheered glimmers of hope that the deadliness of the coronavirus outbreak could be slowing in some of the hardest-hit areas. New York’s governor said the rate of increase of deaths could...

Dow Poised for Big Jump at the Opening Bell
Dow Sees Big Jump
at the Opening Bell
UPDATED

Dow Sees Big Jump at the Opening Bell

Index rose 900 points early

(Newser) - Investors are looking bullish as the new week begins, though the Wall Street Journal is reminding all that "volatility" remains the key word to remember. The Dow jumped 900 points at the opening bell, or 4%, reports CNBC . The index then settled back into a gain of about 750...

Jobs Report Helps Sink Market Again

Dow falls 360 points

(Newser) - Stocks fell Friday, giving Wall Street its third losing week in the last four. The losses came after the government said US employers cut 701,000 more jobs than they added last month, the first drop in nearly a decade and just the start of a dismal jobs period ahead....

Dow Sees First Gain in 3 Days
Dow Sees First Gain in 3 Days

Dow Sees First Gain in 3 Days

Good news from Saudis and Russia helps

(Newser) - Stocks closed solidly higher after another whipsaw day, giving the market its first gain in three days, per the AP . Major US indexes rose more than 2% Thursday. The Dow rose 469 to 21,413; the S&P 500 rose 56 to 2,526; and the Nasdaq rose 126 to...

News of Saudi-Russian Truce Pleases Markets

Trump says the nations are poised to end their oil dispute

(Newser) - Wall Street pushed higher Thursday after a surge in oil prices helped resuscitate beaten-down energy stocks. The gains helped overshadow another report showing the coronavirus outbreak is forcing a record-breaking number of Americans into the unemployment queue, per the AP . The S&P 500 rose more than 2% in morning...

Coronavirus Gets Tighter Grip on Stock Market
Market Reacts
to Estimated
US Death Toll
markets

Market Reacts to Estimated US Death Toll

Selling is widespread as the S&P 500 drops over 4%

(Newser) - Stocks are closing sharply lower on Wall Street as more signs piled up of the economic and physical pain being caused by the coronavirus outbreak, the AP reports. The S&P 500 dropped more than 4% Wednesday after the White House said that 100,000 to 240,000 people in...

Dow Skids 800 Out of the Gate
Dow Skids 800 Out of the Gate 

Dow Skids 800 Out of the Gate

Markets riled by White House's latest coronavirus projection, shed 3%-4%

(Newser) - The Dow stumbled more than 800 points out of the gate on Wednesday, reports the Wall Street Journal , echoing markets around the globe a day after it closed out the worst quarter on record. That was a 4% drop; the S&P 500 lost 3.8%, and the Nasdaq lost...

Wall Street Has Worst Quarter Since 2008
Dow Has Worst Quarter Ever
MARKETS

Dow Has Worst Quarter Ever

This was Wall Street's worst quarter since 2008 financial crisis

(Newser) - Stocks are down in subdued trading Tuesday, as Wall Street's wraps up its worst quarter of performance since the 2008 financial crisis, the AP reports. The S&P 500 is down in afternoon trading after flipping between modest losses and gains, pushing its loss for the first three months...

Market Has Surged 17% in Past Week
Dow Finishes the Day
in the 22K Range
MARKETS

Dow Finishes the Day in the 22K Range

Closes up 691 points

(Newser) - Stocks closed higher again on Wall Street Monday, led by health care stocks, bringing the market's surge over the past week to 17%. The S&P 500 rose more than 3% for its fourth gain in five days, following up its best weekly gain since hitting bottom after the...

Dow Ends Strong Week on a Sour Note
Dow Ends Strong Week
on a Sour Note

Dow Ends Strong Week on a Sour Note

Index falls more than 900 points

(Newser) - The markets couldn't manage a four-day rally. Despite the passage in the House of a massive stimulus passage, the major US markets closed very much in the red on Friday, per MarketWatch . The declines gave back some of the gains made in the near-historic three-day surge ending Thursday. On...

Dow&#39;s 3-Day Surge Comes to Abrupt End
Dow's 3-Day Surge
Comes to Abrupt End
MARKETS

Dow's 3-Day Surge Comes to Abrupt End

Index falls 1,000 points in opening minutes

(Newser) - On Thursday, the Dow capped a three-day surge so strong it lifted the index out of a short-lived bear market. The good vibes ended quickly Friday morning at the opening bell, with the Dow falling more than 1,000 points, or more than 4.5%. Both the benchmark S&P...

Market Booms Despite Jobs Misery
Shortest Bear Market
in Dow's History Is Over
UPDATED

Shortest Bear Market in Dow's History Is Over

Index surges again and is up 20% in 3 days

(Newser) - A historic surge in jobless claims didn't keep the stock market down on Thursday. Quite the opposite, in fact, as the Dow rose more than 1,300 points, or 6.3%, and the S&P surged by a similar percentage. The Dow has risen three days in a row...

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