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Jeff Bezos Just Lost $9B
Jeff Bezos Just Lost $9B 

Jeff Bezos Just Lost $9B

As Dow plunged 832 points

(Newser) - Wednesday's stock market plunge hit Jeff Bezos harder than any other billionaire, USA Today reports. The Amazon founder and CEO lost more than $9 billion during the selloff, which saw the Dow dive 832 points. Of course, Bezos is still doing pretty well for himself; he's still sitting...

Trump: Fed &#39;Is Going Loco&#39;
Trump: The Fed 'Is Going Loco'

Trump: The Fed 'Is Going Loco'

He blames central bank for stock market drop

(Newser) - In a move that is traditionally considered highly unusual for a president, President Trump strongly criticized the Federal Reserve on Wednesday, blaming the central bank for the Dow's 831-point drop . The Federal Reserve has raised rates three times this year, with at least one more rise expected, and the...

Dow Ends Day Down 56
Dow Ends Day Down 56
MARKETS

Dow Ends Day Down 56

S&P 500 slips, Nasdaq edges up

(Newser) - Stocks ended an up-and-down day mostly lower as losses in materials and industrial companies offset gains elsewhere in the market, the AP reports. Basic materials companies fell Tuesday on worries that higher costs and weakening demand are eroding profits. Paint maker PPG Industries dropped 10.1%. Energy stocks climbed with...

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

US Stocks Struggle to Mixed Finish

Dow ends day up 39

(Newser) - US stock indexes found their footing after a sharp early loss and managed a mixed finish, the AP reports. Technology companies sank for the third day in a row Monday. Adobe lost 3.2%. Financial companies did well. Chubb rose 1.3%. Arconic jumped 7% following a Reuters report that...

Stocks Fall, Bond Yields Rise
Stocks Fall, Bond Yields Rise
MARKETS

Stocks Fall, Bond Yields Rise

(Newser) - U.S. stocks closed lower as a three-day surge in government bond yields has investors worrying about rising interest rates, the AP reports. The Labor Department said the economy continues to add jobs at a strong pace. Investors sold bonds, sending their prices lower. The yield on the 10-year Treasury...

Rising Interest Rates Push Stocks Lower
Rising Interest Rates
Push Stocks Lower
MARKETS

Rising Interest Rates Push Stocks Lower

Dow ends day down 200

(Newser) - Global stocks are closing lower Thursday as interest rates in the US continued to rise, the AP reports. Internet and technology companies took some of the worst losses. The yield on the 10-year Treasury note rose further after hitting a seven-year high on Wednesday. Google parent company Alphabet slumped 2....

Solid Economic Reports Send US Stocks Higher
Solid Economic Reports
Send US Stocks Higher
MARKETS

Solid Economic Reports Send US Stocks Higher

Dow ends day up 54

(Newser) - Stocks are closing slightly higher following some solid reports on hiring and the services sector, the AP reports. Bond prices plunged Wednesday, sending the yield on the 10-year Treasury note to its highest level in more than seven years. Banks, small company-stocks and big technology names posted outsized gains. Bank...

Dow Ends Day at All-Time High
Dow Ends Day at All-Time High
MARKETS

Dow Ends Day at All-Time High

But S&P 500, Nasdaq close lower

(Newser) - Stocks are ending mostly lower as small companies fall again, even as gains by a handful of big companies push the Dow Jones Industrial Average to an all-time high, the AP reports. Retailers, airlines and automakers fell Tuesday, dragging broad market indexes lower on Tuesday. Amazon dragged other retailers lower...

Stocks End Mixed on Wall Street
Stocks End Mixed on Wall Street
MARKETS

Stocks End Mixed on Wall Street

Dow ends day up 192

(Newser) - Stocks are ending mixed on Wall Street after an early gain on excitement over a new trade between the US and Canada faded, the AP reports. Larger stocks ended mostly higher Monday, but smaller and mid-sized companies fell. The price of US crude oil closed at a four-year high, which...

Markets Wrap Up Best Quarter in 5 Years

S&P 500 rose 7.2% in last 3 months

(Newser) - Stocks struggled to a mixed finish on Wall Street as the market closed out its best quarter in nearly five years, per the AP . Gains by technology and health care companies were offset by losses in other sectors Friday, including banks and materials companies. The S&P 500 index was...

Technology, Healthcare Lead Gains for US Stocks
Technology, Healthcare
Lead Gains for US Stocks
MARKETS

Technology, Healthcare Lead Gains for US Stocks

Mining company and small company stocks fall

(Newser) - After four days of modest losses, Apple and Amazon led the US stock market to modest gains. Internet and healthcare companies rose Thursday while mining companies fell along with metals prices, the AP reports. Apple and Amazon, the two most valuable US companies, both climbed after analysts said they expect...

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

Stocks Give Up Early Gain, End Lower

Banks and real estate companies hit the hardest

(Newser) - Stocks gave up an early gain and closed lower after the Federal Reserve made its third interest rate hike this year, the AP reports. Banks and real estate companies fell the most Wednesday. Bank of America sank 1.7% and Vornado Realty Trust fell 2.1%. The Fed, as expected,...

Dow Ends Day Down 69
Dow Ends Day Down 69
MARKETS

Dow Ends Day Down 69

S&P 500 also slips, Nasdaq edges up

(Newser) - Stocks are finishing mostly lower on Wall Street as losses by financial and health care companies offset gains elsewhere in the market, the AP reports. Chubb fell 1.2% Tuesday and Johnson & Johnson lost 1.3%. Airlines had another bad day as oil prices rose, which could translate into...

Stocks Sink as China Reportedly Rebuffs Talks
Stocks Sink as China
Reportedly Rebuffs Talks
MARKETS

Stocks Sink as China Reportedly Rebuffs Talks

US stocks closing mostly lower, but Nasdaq edges up

(Newser) - Stocks are closing mostly lower on Wall Street after China and the US put tariffs on more of each other's goods, the AP reports. Investors were also discouraged Monday by a report that China rebuffed a plan for more talks on trade. Oil prices rose after OPEC decided against...

Dow Closes at Another Record High
Dow Closes at
Another Record High

Dow Closes at Another Record High

But S&P 500, Nasdaq are down

(Newser) - Stocks are closing mixed on Wall Street even as the Dow Jones Industrial Average crept up to another all-time high, per the AP . The Dow rose 86 points to 26,743, thanks largely to big gains in Boeing and McDonald's, while the S&P 500 index slipped 1 point...

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

Dow, S&P 500 Close at Record Highs

Dow climbs 251 points

(Newser) - The Dow Jones Industrial Average closed at a record high , beating the mark it set in January, the AP reports. The S&P 500, a benchmark for many index funds, also beat the all-time high it set last month. Big technology companies led the charge on Wall Street Thursday as...

Stock Market Reaches Record Highs
Dow Just Reached
an All-Time High

Dow Just Reached an All-Time High

So did the S&P 500

(Newser) - The stock markets opened with a bang on Thursday, with both the Dow and the S&P 500 reaching all-time highs. CNBC chalks up part of it to investor sentiment that the trade war between the US and China won't be as bad as feared, despite the rhetoric between...

US Stock Indexes End Mixed
US Stock Indexes End Mixed
MARKETS

US Stock Indexes End Mixed

Dow closes 158 points higher

(Newser) - Stocks are closing mixed on Wall Street as gains for banks are offset by losses elsewhere in the market, the AP reports. Bond yields climbed to the highest level in four months Wednesday, sending bank shares higher and weighing on utilities and other high-dividend payers. Technology companies also did poorly....

Markets Shrug Off Trade Tensions
Markets Shrug Off
Trade Tensions
MARKETS

Markets Shrug Off Trade Tensions

Regain almost all ground lost on Monday

(Newser) - Investors shrugged off the latest escalation of trade tensions between the US and China and sent stocks broadly higher on Wall Street, the AP reports. Major US indexes on Tuesday gained back nearly all the ground they lost the day before. Technology and consumer-focused companies had some of the biggest...

Tech Stocks Lead US Indexes Lower
Tech Stocks Lead
US Indexes Lower
MARKETS

Tech Stocks Lead US Indexes Lower

Dow ends day down 92

(Newser) - Technology stocks led the way downward on Wall Street as traders braced for more tariffs to be announced on China, the AP reports. Apple lost 2.7% Monday, Netflix slumped 3.9% and Twitter gave up 4.2%. Most stocks closed lower on the New York Stock Exchange. Safe-play sectors...

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