stock market

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Beyond Meat's IPO Was Beyond Successful

Share price more than doubled on first day

(Newser) - Investors have a big appetite for fake meat. The shares of Beyond Meat, the purveyor of plant-based burgers and sausages, more than doubled Thursday in its Nasdaq debut. It's the first pure-play maker of vegan "meat" to go public, according to Renaissance Capital, which researches and tracks IPOs....

Stocks Fall Along With Price of Oil
Stocks Fall
Along With
Price of Oil
MARKETS

Stocks Fall Along With Price of Oil

Dow ends day down 122

(Newser) - Stocks are closing broadly lower Thursday after energy shares sank with the price of oil and some big technology and media names also tallied losses, the AP reports. The price of oil fell 2.8% to $61.81. Marathon Oil dropped 6.1%; the company reported revenue that fell short...

Stocks Give Up Early Gain, Close Lower
Stocks Give Up
Early Gain, Close Lower
MARKETS

Stocks Give Up Early Gain, Close Lower

Dow ends day down 162

(Newser) - Stocks gave up some early gains and ended broadly lower after the head of the Federal Reserve appeared to play down the possibility of an interest rate cut this year, something some investors had been hoping for, the AP reports. Energy companies and retailers fell more than the rest of...

Another Record Close for S&amp;P 500
Another Record Close
for S&P 500
MARKETS

Another Record Close for S&P 500

Despite meager gains

(Newser) - Stocks managed to post meager gains on Wall Street, enough to notch another record closing high for the S&P 500 index, the AP reports. Major indexes spent much of the day wobbling or lower on Tuesday, and the S&P 500 edged up in the last few minutes of...

US Stock Indexes End Slightly Higher
US Stock Indexes
End Slightly Higher
MARKETS

US Stock Indexes End Slightly Higher

Dow edges up 11 points

(Newser) - Stocks eked out modest gains on Wall Street, enough to push the S&P 500 and Nasdaq indexes a bit further into record territory, the AP reports. Banks and communications companies did the best Monday, offsetting weakness in retailers and high-dividend companies like real estate and utilities. Bank of America...

Stocks Rise Into Record Territory on GDP Report
Stocks Rise Into Record
Territory on GDP Report
MARKETS

Stocks Rise Into Record Territory on GDP Report

Dow gains 81

(Newser) - Stocks closed at a fresh all-time high on Wall Street Friday, as investors weighed a report showing solid US economic growth, per the AP . Gains in financial, health care, and other sectors offset losses in energy companies as the price of US crude oil slumped for the third straight day....

Dow Ends Day Down 134
Dow Ends Day Down 134
MARKETS

Dow Ends Day Down 134

3M leads declines in industrial stocks

(Newser) - Major US stock indexes ended mostly lower on Wall Street, dragged down by losses in several industrial companies, the AP reports. 3M, which makes Post-it notes and many other products, plunged 12.9% in heavy trading after announcing weak results and a restructuring program. It was the biggest loss for...

Stocks Edge Lower on Wall Street
Stocks Edge Lower
on Wall Street
MARKETS

Stocks Edge Lower on Wall Street

A day after setting records

(Newser) - Stocks gave up an early gain and drifted mostly lower on Wall Street as investors continue digesting a steady flow of corporate earnings, the AP reports. Energy and communications companies took some of the biggest losses Wednesday. Exxon Mobil lost 1.9% and AT&T fell 4.1%. Bond prices...

S&amp;P 500, Nasdaq Close at Record Highs
S&P 500, Nasdaq
Close at Record Highs
MARKETS

S&P 500, Nasdaq Close at Record Highs

S&P 500 recoups all the ground it lost last year

(Newser) - The S&P 500 index is closing at a record high, surpassing the peak it set last September and recouping all the ground it lost in a nosedive late last year. The Nasdaq index also closed at a record high Tuesday, the AP reports. The market has risen sharply since...

Dow Ends Day Down 48
Dow Ends Day Down 48
MARKETS

Dow Ends Day Down 48

Stocks close mostly lower

(Newser) - Stocks closed mostly lower on Wall Street, but energy companies rose sharply as the price of crude oil shot higher, the AP reports. Real estate and industrial companies as well as banks fell broadly on Monday. Simon Property Group lost 2.4% and Boeing fell 1.3%. The price of...

Dow Ends Day Up 110
Dow Ends Day Up 110
MARKETS

Dow Ends Day Up 110

Trading week is shortened due to the holiday

(Newser) - Major US indexes managed small gains on Wall Street but not enough to prevent a losing week for the S&P 500 following three weeks of gains, the AP reports. Industrial companies rose Thursday as traders welcomed solid earnings from Snap-on, Honeywell and Union Pacific. Financial and energy stocks fell....

Investors Hammer Health Care Companies
Health Care Gets Hammered
markets

Health Care Gets Hammered

Possible congressional reforms spark fears on Wall Street

(Newser) - Stocks are closing lower on Wall Street Wednesday as losses by health care companies outweigh gains elsewhere in the market, the AP reports. Investors hammered insurers amid fears over the potential impact on their profits from health reforms being discussed in Congress. Anthem fell 3.6%, Cigna lost 3.7%,...

Bank, Tech Stocks Give Markets a Lift
Bank, Tech Stocks
Give Markets a Lift
MARKETS

Bank, Tech Stocks Give Markets a Lift

Dow rises 67 points

(Newser) - Stocks edged higher on Wall Street Tuesday, erasing the market's modest losses from a day earlier. Banks and technology companies rose the most, while health care stocks closed broadly lower. The S&P 500 index edged up 1 point, or 0.1%, to 2,907, per the AP . The...

S&amp;P Has Just Third Loss in 3 Weeks
S&P Has Just Third
Loss in 3 Weeks

S&P Has Just Third Loss in 3 Weeks

Dow slips 27

(Newser) - Stocks closed lower on Wall Street Monday as falling bank stocks led the S&P 500 to just its third loss in the last three weeks. Goldman Sachs and Citigroup each said their stock trading businesses struggled in the first quarter. Goldman fell 3.8% while Citi shares dropped 0....

Banks Lift Stocks as S&amp;P 500 Nears Record
Banks Lift Stocks as
S&P 500 Nears Record
MARKETS

Banks Lift Stocks as S&P 500 Nears Record

Disney takes off after announcement

(Newser) - Stocks closed broadly higher on Wall Street, giving the S&P 500 index its third weekly gain in a row and putting it within reach of the record high it hit last September, the AP reports. Banks led the gains Friday after JPMorgan Chase reported a strong quarter, helped by...

US Stocks Struggle to Mixed Finish
US Stocks Struggle
to Mixed Finish
MARKETS

US Stocks Struggle to Mixed Finish

Dow slips 14 points

(Newser) - Stocks struggled to a mixed finish on Wall Street after an early rally sputtered, the AP reports. Health care companies fell broadly, mostly offsetting gains in other parts of the market Thursday. Insurers UnitedHealth Group and Anthem led the decline in the health sector. Both lost a little over 4%....

US Stocks End Broadly Higher
US Stocks End Broadly Higher
MARKETS

US Stocks End Broadly Higher

Wall Street recoups some lost ground

(Newser) - Stocks are ending broadly higher on Wall Street, allowing the market to recoup some of the ground it lost a day earlier, the AP reports. Technology and small-company stocks were the standouts Wednesday. Advanced Micro Devices rose 2.2%. Airlines were broadly higher after Delta Air Lines reported strong quarterly...

Stocks End the Day Lower on Wall Street
Stocks End the Day
Lower on Wall Street
MARKETS

Stocks End the Day Lower on Wall Street

S&P 500 ends 8-day winning streak

(Newser) - Stocks are closing lower on Wall Street, breaking an eight-day winning streak for the S&P 500 index, the AP reports. Industrial companies and banks led the way lower Tuesday. Caterpillar fell 2.5% and Citigroup gave up 1.3% Technology companies also lost ground. Nvidia, a chipmaker, fell 1....

Stocks Erase an Early Loss, End Mixed
Stocks Erase
an Early Loss,
End Mixed
MARKETS

Stocks Erase an Early Loss, End Mixed

Dow falls 83

(Newser) - Stocks drifted to a mixed close on Wall Street after shaking off an early stumble, the AP reports. Major indexes ended the day about where they began Monday. The market was evenly divided between rising and falling stocks. A tiny gain for the S&P 500 extended its winning streak...

Jobs Report Lifts Stocks
Jobs Report Lifts Stocks
MARKETS

Jobs Report Lifts Stocks

Dow rises another 40

(Newser) - Stocks closed broadly higher on Wall Street, wrapping up another solid week of gains for the market, the AP reports. Health care and energy companies pulled the market higher Friday: Cigna rose 2.9% and Marathon Petroleum climbed 3.5%. Traders also were encouraged by a report from the Labor...

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