stock market

Stories 1301 - 1320 | << Prev   Next >>

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...

Bumpy Day Closes Out Wild Quarter for Wall St.
Wild 3rd Quarter
Is Over for Wall St.
MARKETS
Sep 30, 2020 4:11 PM CDT

Wild 3rd Quarter Is Over for Wall St.

Stocks rallied after a bumpy day

(Newser) - Stocks rallied on Wednesday, but only after zooming up, down and back up again in a fitting end to what was a wild month and quarter for Wall Street. Prospects for additional support from Congress for the economy helped drive the day’s trading, as they have for weeks, the...

Stocks Drop Ahead of Trump-Biden Debate
Stocks Drop Ahead of
Trump-Biden Debate
WALL STREET
Sep 29, 2020 4:02 PM CDT

Stocks Drop Ahead of Trump-Biden Debate

Dow was down 131 points

(Newser) - Stock. ended with moderate losses Tuesday as investors waited for the first debate between President Trump and Joe Biden. Banks, energy companies, and stocks that depend on consumer spending had some of the biggest losses, the AP reports. The price of oil fell 3.2%, dragging much of the energy...

Markets Notch Gains, But There's an 'Elephant in the Room'

'This week’s going to be all about the jobs numbers'

(Newser) - Stocks notched solid gains Monday as Wall Street clawed back some of its sharp and sudden September losses. The S&P 500 rose 1.6%, its third straight gain. The benchmark index was coming off its first four-week losing streak in more than a year and is on track to...

Wall Street Has an Unwanted 4-Week Streak

Stocks do better on Friday, but can't avoid another weekly loss

(Newser) - Stocks had a strong day on Friday, but it wasn't enough to stop a four-week skid. The Dow rose 359 points, or 1.3%, to 27,173; the S&P rose 51 points, or 1.6%, to 3,298; and the Nasda8 rose 241 points, or 2.2%, to...

It&#39;s Another Topsy-Turvy Day on Wall Street
It's Another Topsy-Turvy
Day on Wall Street
MARKETS
Sep 24, 2020 3:10 PM CDT

It's Another Topsy-Turvy Day on Wall Street

Big gains early end up as smaller ones later

(Newser) - All three major indexes ended up in positive territory on Thursday, just not as positive as they were earlier in the day. The Dow rose 52 points to 26,815, the S&P 500 ticked up 9 points to 3,246, and the Nasdaq rose 39 points to 10,672....

Dow Dives 525 Points as Tech Sector Takes Hit
Dow Dives 525 Points
as Tech Sector Takes Hit
MARKETS
Sep 23, 2020 3:42 PM CDT

Dow Dives 525 Points as Tech Sector Takes Hit

S&P 500's September slide continues

(Newser) - Wall Street racked up more losses Wednesday as stocks closed broadly lower, wiping out the market's gains from the day before. The S&P 500 fell 2.4% after giving up an earlier gain. The selling, which accelerated in the afternoon, was widespread, though technology stocks accounted for the...

Wall Street Halts 4-Day Losing Streak
Wall St. Bounces Back
After 4-Day Losing Streak
MARKETS
Sep 22, 2020 4:14 PM CDT

Wall St. Bounces Back After 4-Day Losing Streak

Strong home sales gave markets a boost

(Newser) - Stocks rebounded on Wall Street Tuesday, recovering some of their losses after tumbling on a raft of worries about the pandemic and governments’ response to it. The S&P 500 gained 1.1%, halting its first four-day losing streak since the market was selling off in February. Trading was erratic,...

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