stock market – News Stories About stock market - Page 81

MARKETS

Jan 8, 2019 3:04 PM CST

Stocks Rise for 3rd Day in a Row

For first time since late November

(Newser) - Stocks are closing broadly higher on Wall Street, giving the market its first three-day winning streak since late November, the AP reports. Technology, health care and industrial stocks led the way higher Tuesday. Energy companies also did well as the price of crude oil rose for the seventh day in...

Retailers Lead
Stock Gains
on Wall Street

MARKETS

Jan 7, 2019 3:00 PM CST

Retailers Lead Stock Gains on Wall Street

Dow ends day up 98

(Newser) - Stocks rose again following a strong report on the economy and the resumption of trade talks between the US and China, the AP reports. The gains Monday built on a massive rally on Friday, the latest big swing over the past three months. Companies that rely on consumer spending did...

Stocks Soar, Erasing
Thursday's Plunge

MARKETS

Jan 4, 2019 3:27 PM CST

Stocks Soar, Erasing Thursday's Plunge

Major indexes closed up more than 3%

(Newser) - Wall Street roared back, wiping out all of the market's losses from the previous day, as a barrage of positive news eased concerns about the global economy and interest rates, the AP reports. Major indexes closed up more than 3% Friday. Traders were encouraged by news that employers ramped...

Apple's Value Fell by More Than Facebook's Entire Worth

Apple's 'Darkest Day' Just
Turned Into Dark 3 Months

Jan 4, 2019 1:15 PM CST

Apple's 'Darkest Day' Just Turned Into Dark 3 Months

Market capitalization loss of $452B since Oct. 3 is larger than the entire value of Facebook

(Newser) - Thursday was called the "darkest day" for Apple under Tim Cook. Now the bigger picture from the end of 2018 is emerging, and it's similarly stunning. CNBC reports that in the three months since Oct. 3, Apple's market capitalization losses have reached $452 billion, with Apple shares...

Fed Chief's
Comments
Send Markets
Surging

UPDATED

Jan 4, 2019 10:17 AM CST

Fed Chief's Comments Send Markets Surging

Jerome Powell says economy looks able to sustain momentum in 2019

(Newser) - A rosy jobs report and comments from Federal Reserve chief Jerome Powell suggesting that the Fed will be patient on rate hikes have helped lift the markets in a big way. The Dow surged 680 points, or 3%, in early trading, while the S&P 500 and Nasdaq each were...

Stocks Slide After
Apple's China Slump

MARKETS

Jan 3, 2019 3:14 PM CST

Stocks Slide After Apple's China Slump

Tech drop is biggest since 2011

(Newser) - Stocks slumped on Wall Street, led by a sharp slide in technology companies after Apple reported a slowdown in iPhone sales over the holidays in China, the AP reports. The 5% drop in tech stocks Thursday was the biggest for the sector since 2011. The Apple news jolted markets and...

Stocks Start 2019
With Another Bumpy Ride

MARKETS

Jan 2, 2019 3:14 PM CST

Stocks Start 2019 With Another Bumpy Ride

But end the day slightly higher

(Newser) - The stock market ended a bumpy ride slightly higher on the first day of trading of the year thanks to gains in internet and energy companies, the AP reports. Facebook climbed 3.5% Wednesday and Amazon added 2.5%. Energy companies marched higher along with an upturn in the price...

Stocks End Troubled
Year on High Note

MARKETS

Dec 31, 2018 4:30 PM CST

Stocks End Troubled Year on High Note

Wall Street still finished 2018 with the worst showing in a decade

(Newser) - Wall Street closed out a turbulent year for stocks on a bright note Monday, but still finished 2018 with the worst showing in a decade. After setting a series of records through summer and fall, major US indexes fell sharply after early October, leaving them all in the red for...

Stock Indexes Finish
Week Mostly Lower

MARKETS

Dec 28, 2018 4:32 PM CST

Stock Indexes Finish Week Mostly Lower

The market remains on track for its worst December since 1931

(Newser) - Major US stock indexes finished mostly lower Friday after another day of volatile trading, the AP reports. Losses in technology, energy and industrial stocks outweighed gains in retailers and other consumer-focused companies. Smaller company stocks outgained the rest of the market. The benchmark S&P 500 index ended the week...

Stocks Rally,
Erase Big Drop in Dow

MARKETS

Dec 27, 2018 3:30 PM CST

Stocks Rally, Erase Big Drop in Dow

Thanks to a late-afternoon rally

(Newser) - US stocks stages a furious late-afternoon rally Thursday, closing with gains after erasing a 600-point drop in the Dow Jones Industrial Average. The Dow rose 258 points, or 1.1%, adding to Wednesday's record gain of 1,086 points. The S&P 500 added 21 points to 2,488....

Back to the Red: Market
Has a Brutal Opening

Dec 27, 2018 9:45 AM CST

Back to the Red: Market Has a Brutal Opening

Dow was down more than 400 points early

(Newser) - Wall Street's wild Christmas week rolls on. The Dow Jones Industrial Average fell more than 430 points in the first hour of trading Thursday, a day after notching its biggest-ever one-day point gain . Technology companies, health care stocks, and banks, all big gainers on Wednesday when the market had...

Stock Surge Erases
Christmas Eve Plunge

MARKETS

Dec 26, 2018 3:27 PM CST

Stock Surge Erases Christmas Eve Plunge

"Reflex rally" marks the Dow's biggest one-day point gain ever

(Newser) - Stocks surged on Wall Street on Wednesday, with the Dow Jones Industrial Average vaulting more than 1,000 points, the AP reports, its biggest one-day point-gain ever. Investors recouped all their losses from Wall Street's Christmas Eve plunge as stocks rallied across all sectors, giving markets their best single-day...

Stock Market Just Had One
of Worst Christmas Eves Ever

Dec 24, 2018 12:17 PM CST

Stock Market Just Had One of Worst Christmas Eves Ever

Dow plunges 650

(Newser) - So much for the Santa rally on Wall Street. The stock market tanked again Monday in a short trading day, making for one of its worst Christmas Eves on record, per the Washington Post . The Dow fell 653, or 2.9%, to 21,792; the S&P 500 fell 65,...

Despite Mnuchin's Comments,
Stock Market Sinks Again

Dec 24, 2018 9:30 AM CST

Despite Mnuchin's Comments, Stock Market Sinks Again

Dow flirts with dipping below 22K

(Newser) - Treasury chief Steven Mnuchin made an unusual move over the weekend in an attempt to soothe rattled financial markets. But based on the stock market's open, it appears that Mnuchin's call to the CEO of the six largest US banks didn't help. In fact, one financial analyst...

Stock Market Just Finished
Worst Week in 7 Years

Dec 21, 2018 3:20 PM CST

Stock Market Just Finished Worst Week in 7 Years

Dow falls 414 on another brutal day

(Newser) - Another day of big losses left the stock market with its worst weekly drop in more than seven years. The benchmark S&P 500 index ended a brutal week down 7% Friday, led by big drops in former market favorites like Facebook and Amazon. The S&P fell 50 points,...

Another Brutal Day
on Wall Street

MARKETS

Dec 20, 2018 3:11 PM CST

Another Brutal Day on Wall Street

Dow plunges 464

(Newser) - Another miserable day on Wall Street knocked 464 points off the Dow Jones Industrial average, bringing its losses since Friday to more than 1,700 points, the AP reports. The index is now down more than 10% for December, putting it on track for its worst monthly loss in almost...

Stocks Sink After Fed News

MARKETS

Dec 19, 2018 3:21 PM CST

Stocks Sink After Fed News

Dow sees abrupt swing lower

(Newser) - Stocks closed broadly lower in choppy trading after the Federal Reserve raised interest rates for the fourth time this year and said more hikes were on the way given the strength of the economy, the AP reports. The Fed's decision Wednesday, and comments by Fed Chairman Jerome Powell, didn'...

Plunging Oil Price
Sinks Energy Stocks

MARKETS

Dec 18, 2018 3:18 PM CST

Plunging Oil Price Sinks Energy Stocks

But major indexes edge up

(Newser) - An early rally on the stock market was largely gone by the closing bell as another plunge in the price of oil sank energy stocks, the AP reports. US crude fell to its lowest price since August 2017 Tuesday and is now down nearly 40% since early October. Exxon Mobil...

Dow Plunges 500

MARKETS

Dec 17, 2018 3:04 PM CST

Dow Plunges 500

Another steep drop

(Newser) - The Dow Jones Industrial Average plunged 500 points, its second straight drop of that size and its fourth big decline this month, the AP reports. Longtime market favorites like Microsoft and Amazon took heavy losses Monday. Health care companies also fell sharply. A measure of small-company stocks fell into a...

S&P 500 Drops to
Lowest Level Since April

MARKETS

Dec 14, 2018 3:17 PM CST

S&P 500 Drops to Lowest Level Since April

Concerns about slowing growth in China put investors in a selling mood

(Newser) - Stocks ended the week with a steep loss on Wall Street as the S&P 500 dropped to its lowest level since April, the AP reports. The benchmark index is now down almost 3% for the year. New concerns about slowing growth in China as well as growing disarray surrounding...