stock market

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Dow Rises Further Into Record Territory
Dow Rises Further
Into Record Territory
MARKETS

Dow Rises Further Into Record Territory

Index is up another 243 points

(Newser) - The market continued its climb into record territory on Friday, as declines in health care stocks were offset by gains in technology, consumer discretionary, and industrial company stocks. The gains came a day after the Dow Jones Industrial Average closed above 27,000 points for the first time, per the...

Dow Closes Above 27K for First Time
Dow Closes Above
27K for First Time
MARKETS

Dow Closes Above 27K for First Time

S&P 500 also hits closing high

(Newser) - The Dow Jones Industrial Average climbed above 27,000 for the first time after a turbulent day on Wall Street, the AP reports. The S&P 500 also hit a closing high milestone of its own Thursday, a day after its first move above 3,000. Steep losses in drugmakers...

Dow Cracks 27K for First Time
The Dow Just
Had a Major First
MARKETS

The Dow Just Had a Major First

It broke 27K, a day after S&P 500 went above 3K for first time

(Newser) - Technology and communications companies pushed stocks higher on Wall Street in early trading Thursday, extending the market's gains from the day before. The early buying briefly nudged the Dow Jones Industrial Average above the 27,000-point mark for the first time, a day after the S&P 500 made...

Stocks Rise on Prospects for a Rate Cut
Stocks Rise
on Prospects
for a Rate Cut
MARKETS

Stocks Rise on Prospects for a Rate Cut

Dow ends day up 76

(Newser) - Stocks rose and bond yields fell as investors welcomed new signals that the Federal Reserve is ready to cut interest rates for the first time in a decade, the AP reports. Technology companies led the way higher Wednesday, helping the Nasdaq close at a record high. Western Digital rose 5%....

Stocks Eke Out Small Gains
Stocks Eke Out Small Gains
MARKETS

Stocks Eke Out Small Gains

Nasdaq, S&P 500 edge up, Dow slips

(Newser) - Stocks are closing with small gains, avoiding a third straight decline, the AP reports. Technology and internet stocks led the winners Tuesday. Twitter rose 3.3% and Advanced Micro Devices rose 3.5%. Industrial companies and consumer products were the laggards. 3M fell 2% and Procter & Gamble lost 1%....

Stocks Close Lower Again
Stocks Close Lower Again
MARKETS

Stocks Close Lower Again

They drop on shifting odds for rate cut

(Newser) - Stocks are closing lower for a second straight day as investors try to gauge the Federal Reserve's next move on interest rates, the AP reports. A strong US jobs report Friday dimmed investors' expectations that the Fed would cut its benchmark interest rate by as much as half a...

Markets Dip Thanks to Strong Jobs Report
Markets Dip Thanks
to Strong Jobs Report
MARKETS

Markets Dip Thanks to Strong Jobs Report

Dow falls 43 points

(Newser) - Major US indexes closed slightly lower Friday after a surprisingly strong government jobs report raised doubts about whether the Federal Reserve will lower interest rates later this month. Technology stocks fell, but bank stocks rose. The S&P 500 fell 5 points, or 0.2%, to 2,990, per the...

Dow Closes Early, and at a Record High

Holiday curtailed the trading day, but the finish was a big one

(Newser) - Major US indexes closed at record highs on a holiday-shortened trading day: The Dow Jones Industrial Average on Wednesday easily beat the record it marked in October, rising 179 points, or 0.7%, to 26,966. The S&P 500 closed at its third straight record high, up 22 points...

Dow Ends Day Up 69
Dow Ends Day Up 69
MARKETS

Dow Ends Day Up 69

Trading subdued ahead of July 4 holiday

(Newser) - Stocks ended a wobbly day mostly higher as gains for technology and health care stocks offset losses in the energy sector, the AP reports. Cisco Systems climbed 2% Tuesday and Pfizer added 1%. Energy stocks slumped broadly as the price of crude oil gave back almost 5%. Chevron lost 1....

S&amp;P 500 Hits Record on Trade Optimism
S&P 500 Hits Record
on Trade Optimism
MARKETS

S&P 500 Hits Record on Trade Optimism

Dow ends day up 117

(Newser) - The S&P 500 is closing at a record Monday as investors welcome a truce in the trade dispute between the US and China, the AP reports. The two sides agreed to resume talks and the US said it would hold off on imposing new tariffs on $300 billion of...

Dow Has Best June Since 1938
Dow Has Best June Since 1938

Dow Has Best June Since 1938

For the day, Dow is up 73

(Newser) - Stocks rose on Wall Street Friday as investors closed out a wobbly week ahead of key trade talks between the US and China. Every major index closed the month and quarter with solid gains, per the AP . In fact, the Washington Post notes that the Dow Jones Industrial Average had...

S&amp;P 500 Breaks 4-Day Losing Streak
S&P 500 Breaks
4-Day Losing Streak
MARKETS

S&P 500 Breaks 4-Day Losing Streak

But Dow slips

(Newser) - The S&P 500 index broke a four-day losing streak thanks to gains in banks and health care companies, but a drop in Boeing pulled the Dow Jones Industrial Average slightly lower, the AP reports. Wells Fargo rose 1.1% Thursday and AbbVie, which is buying fellow drugmaker Allergan, rose...

Dow, S&P 500 Close With Small Losses

After failing to hold on to early gains

(Newser) - The Dow Jones Industrial Average and S&P 500 are closing with small losses Wednesday after failing to hold onto early gains, the AP reports. Stocks rose earlier after comments from Treasury Secretary Steven Mnuchin raised hopes for a US-China trade deal. But losses in what are considered the market'...

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...

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