stock market

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Stocks Drop on Economic Worries
Stocks Drop on
Economic Worries
MARKETS

Stocks Drop on Economic Worries

Dow ends day down 179

(Newser) - Stocks are closing lower on Wall Street Tuesday with technology and communications stocks leading the declines, the AP reports. Reports showing a drop in consumer confidence and weakness in the housing market, plus some cautionary remarks from the head of the Federal Reserve, weighed on investor sentiment. The S&P...

Stocks Slip, Led by Health Care
Stocks Slip, Led by Health Care
MARKETS

Stocks Slip, Led by Health Care

It was a day of listless trading on Wall Street

(Newser) - Health care companies helped pull the broader market slightly lower in a day of listless trading as investors focused on upcoming trade talks between the US and China, the AP reports. Bristol-Myers Squibb fell 7.4% Monday. Caesar's rose 14.5% after Eldorado Resorts said it would buy the...

Wall Street Rally Fizzles
Wall Street Rally Fizzles
MARKETS

Wall Street Rally Fizzles

Markets suffer modest drops to end the week

(Newser) - Stocks ended a wobbly day slightly lower on Wall Street as a weeklong rally fizzled out. The modest losses Friday came a day after the S&P 500 set a record closing high. On Friday, the Dow Jones Industrial Average also briefly traded above the all-time closing high it reached...

S&amp;P 500 Closes at Record High
S&P 500 Closes at Record High
MARKETS

S&P 500 Closes at Record High

And the Dow rises 249 on strong day for Wall Street

(Newser) - Stocks marched broadly higher on Wall Street Thursday afternoon, helping the S&P 500 to close at an all-time high. The benchmark index rose 27 points to 2,954; the Dow Jones Industrial Average rose 249 points to 26,753; and the Nasdaq composite rose 64 points to 8,051....

Stocks React to Fed&#39;s Afternooon Statement
Stocks React to Fed's
Afternooon Statement
markets

Stocks React to Fed's Afternooon Statement

There are modest gains after a slow start on Wednesday

(Newser) - Stocks brushed off a muted start on Wall Street and notched modest gains Wednesday after the Federal Reserve reaffirmed that it is prepared to cut interest rates if needed to shield the US economy from trade conflicts or other threats, the AP reports. In a widely expected move, the central...

Trade Deal Hopes Send Dow Up 353 Points
Trade Deal Hopes
Send Dow Up 353 Points
MARKETS

Trade Deal Hopes Send Dow Up 353 Points

Dow adds 353 points

(Newser) - Stocks closed broadly higher Tuesday as traders hoped that a meeting next week between President Trump and Xi Jinping of China could ease trade tensions between the two economic powers. The AP reports technology and industrial companies, which would benefit the most from easing trade tensions, rose more than the...

Cancer-Drug Maker Has an Incredible Day
Cancer-Drug Maker
Has an Incredible Day
markets

Cancer-Drug Maker Has an Incredible Day

Array spikes 57% after agreeing to Pfizer acquisition

(Newser) - Stocks built on their recent momentum on Wall Street but the gains were relatively modest and trading remained choppy, the AP reports. Facebook jumped 4.2% and Netflix added 3.2% Monday, leading the way higher among communications companies. Health care stocks were also higher. Cancer drug maker Array jumped...

Markets Tumble Anew on Trade Fears
Markets Tumble Anew
on Trade Fears

Markets Tumble Anew on Trade Fears

Dow is off 17

(Newser) - US stocks fell Friday after a major chipmaker issued a sharp warning about how the US-China trade war is disrupting a key industry. Technology led the broader market lower at the end of an uneven week of trading. Broadcom warned that demand for chips has slumped because of restrictions on...

Stocks Rise, Break Short Losing Streak
Stocks Rise, Break
Short Losing Streak
MARKETS

Stocks Rise, Break Short Losing Streak

Dow ends day up 101

(Newser) - Stocks are closing higher Thursday, led by gains in retailers and media and energy companies, the AP reports. Hess rose 2.9% and Halliburton gained 2.8% as an increase in oil prices boosted energy stocks. Oil rose 2.2% after two oil tankers near the strategic Strait of Hormuz...

US Stocks Fall Again
US Stocks Fall Again
MARKETS

US Stocks Fall Again

Dow ends day down 43

(Newser) - Stocks are ending lower for the second day straight, dragged down by losses in technology companies and banks, the AP reports. Energy companies also fell Wednesday as the price of crude oil continued to decline. Investors shifted money into safer holdings after more than a week of aggressive buying. Consumer...

Stocks Fall for First Time in 6 Days
Stocks Fall
for First Time
in 6 Days
MARKETS

Stocks Fall for First Time in 6 Days

Dow slips 14 points

(Newser) - Stocks lost some early momentum Tuesday and finished with their first loss in six days, the AP reports. The Dow Jones industrials slipped 14 points, or 0.1%, to 26,048, after rising as much as 186 points just after trading began. Shares of defense contractors led the declines. Raytheon...

Stocks Rise on US Deal With Mexico
Stocks Rise on
US Deal With Mexico
MARKETS

Stocks Rise on US Deal With Mexico

Dow ends day up 78

(Newser) - Stocks are closing higher Monday after President Trump suspended plans to impose tariffs on goods imported from Mexico, the AP reports. General Motors gained 1.5% and Ford rose 0.6% after the US and Mexico struck a deal on immigration that avoided the tariffs. Technology stocks rose, with Apple...

&#39;It&#39;s a Strange Market Right Now&#39;
'It's a Strange Market
Right Now'
MARKETS

'It's a Strange Market Right Now'

Stocks rise fourth straight day, as bad news about jobs is seen as good news for investors

(Newser) - US stocks moved broadly higher for a fourth consecutive day Friday as investors started June with a strong weekly gain after May's downturn. The S&P 500 index rose 29 points, or 1%, to 2,873; the Dow Jones Industrial Average gained 263 points, or 1%, to 25,983;...

Stocks Post 3rd Straight Day of Gains
Stocks Post 3rd
Straight Day of Gains
MARKETS

Stocks Post 3rd Straight Day of Gains

S&P 500 is up 3.3% this week

(Newser) - Stocks are rising for a third straight day as investors hope US and Mexican officials can reach a deal that avoids tariffs on goods from Mexico, the AP reports. One report said the US could delay the tariffs, set for June 10, but there was no official word from Washington....

Stocks Rise Again, Though Energy Tanks
Stocks Rise Again,
Though Energy Tanks
MARKETS

Stocks Rise Again, Though Energy Tanks

Dow ends day up 207

(Newser) - Stocks are closing broadly higher on Wall Street Wednesday, although a sharp drop in the price of oil tempered the gains, the AP reports. Energy shares fell as the price of oil plunged 3.4% following a report showing an unexpected surge in US supplies. Exxon Mobil fell 0.8%...

Dow Ends Day Up 512
Dow Ends Day Up 512
MARKETS

Dow Ends Day Up 512

And rebound in tech shares helps Nasdaq

(Newser) - Hopes for a cut in interest rates and for a resolution in the US-Mexico trade dispute are propelling stocks to a higher close Tuesday, the AP reports. The Dow Jones Industrial Average jumped over 500 points, while a rebound in technology shares helped the Nasdaq recover steep losses from Monday....

Stocks Fall as Internet Giants Drop
Stocks Fall as
Internet Giants Drop
MARKETS

Stocks Fall as Internet Giants Drop

S&P 500 suffered first losing month of 2019 in May

(Newser) - Major US stock indexes were closing mostly lower Monday as a sell-off in some big technology and internet companies weighed down the market, the AP reports. Facebook plunged 7.5% following a Wall Street Journal report that the Federal Trade Commission will lead any antitrust investigation into the company as...

Tariffs&#39; Worry Results in Rough Day for Markets
May Ends on Sour Note
Over Tariffs' Worry
MARKETS

May Ends on Sour Note Over Tariffs' Worry

Dow falls 354

(Newser) - Stocks tumbled on Wall Street Friday after the US announced plans to expand its trade war to Mexico, its third-biggest trading partner. The S&P dropped 36 points, or 1.3%, to 2,752; the Dow Jones Industrial Average fell 354 points, or 1.4%, to 24,815; and the...

Markets in a Bad Mood Over Mexico Tariffs

Dow falls 260 at the open

(Newser) - Markets in the US and around the world do not like President Trump's plan to levy new tariffs on Mexico . The Dow was down as much as 300 points at the open, a bit more than 1%, with the NASDAQ and S&P 500 suffering similar percentage losses. The...

US Stocks End Wobbly Day Slightly Higher
US Stocks End
Wobbly Day
Slightly Higher
MARKETS

US Stocks End Wobbly Day Slightly Higher

But market is on track for its 4th consecutive weekly loss

(Newser) - Stocks ended a wobbly day modestly higher after two days of broad declines, the AP reports. The gains Thursday weren't enough to put the market into the black for the week, keeping it on track for its fourth weekly loss in a row and its first losing month of...

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