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Stocks Surge as China
Trade Tensions Ease

MARKETS

Apr 10, 2018 3:18 PM CDT

Stocks Surge as China Trade Tensions Ease

Dow ends day up 428

(Newser) - Major US stock indexes are closing sharply higher after China's leader sounded a conciliatory tone on trade tensions with the US, the AP reports. Automakers and technology companies climbed Tuesday after President Xi Jinping said he would cut China's auto tariffs and improve intellectual property protection. General Motors...

Indexes End Day
With Meager Gains

MARKETS

Apr 9, 2018 3:04 PM CDT

Indexes End Day With Meager Gains

Early rally mostly fades on Wall Street

(Newser) - Stocks indexes gave up much of an early rally ended with meager gains on Wall Street, the AP reports. Large-company stocks did better than smaller ones Monday. The Dow Jones industrial average and the S&P 500 indexes ended higher, but smaller-company stocks lagged behind. Technology companies and banks rose...

Stocks Getting Hammered on US-China Threats

Stocks Get Hammered
on US-China Threats

UPDATED

Apr 6, 2018 3:16 PM CDT

Stocks Get Hammered on US-China Threats

Dow plunges 572 points

(Newser) - Another increase in trade tensions caused stocks to fall sharply Friday as the US and China exchanged threats. Stocks have changed direction again and again this week as investors tried to get a sense of whether a trade dispute between the two nations will escalate, an outcome that could have...

Stocks Close Higher
as Trade Worries Ebb

MARKETS

Apr 5, 2018 3:11 PM CDT

Stocks Close Higher as Trade Worries Ebb

Dow ends day up 240

(Newser) - Stocks closed higher as traders became more optimistic that the US and China will be able to resolve their trade differences without too much damage, the AP reports. Some of the biggest gains Thursday went to retailers, technology companies and banks. Amazon climbed 2.9%, Facebook rose 2.7%, and...

Overcoming Trade War Fears,
Stocks Rally to Higher Finish

MARKETS

Apr 4, 2018 3:16 PM CDT

Overcoming Trade War Fears, Stocks Rally to Higher Finish

Dow ends day up 230

(Newser) - Stocks rallied to finish higher Wednesday, overcoming worries about an escalating trade dispute between the US and China, the AP reports. After plunging 501 points at the open, the Dow Jones industrial average finished with a gain of 230 points, or about 1%. Technology stocks reversed early losses, with the...

Late Rally Sends US
Stock Indexes Higher

MARKETS

Apr 3, 2018 3:01 PM CDT

Late Rally Sends US Stock Indexes Higher

Dow climbs 389 points

(Newser) - Stocks moved sharply higher in the last hour of trading, allowing the market to claw back a good part of the ground it lost a day earlier, the AP reports. Indexes had spent most of Tuesday wobbling between gains and losses. Technology companies again drove much of the gains. Intel,...

Stocks' April Start Draws Comparison to Great Depression

Equities in 'Tailspin'
as Stocks Hit the
'Trump Slump'

Apr 3, 2018 6:41 AM CDT

Equities in 'Tailspin' as Stocks Hit the 'Trump Slump'

Not since the Great Depression have US stocks seen such a bad April slide, Bloomberg reports

(Newser) - US stocks haven't seen a second-quarter start like this in 90 years—90 years ago being the kickoff to the Great Depression. Bloomberg looked at the numbers and reports on the April slide: 2.2% for the S&P 500, a drop that hasn't been surpassed since 1929'...

Dow Drops 458
Amid Trade War Fears

MARKETS

Apr 2, 2018 3:12 PM CDT

Dow Drops 458 Amid Trade War Fears

Stocks close sharply lower on Wall Street

(Newser) - Stocks closed sharply lower on Wall Street as technology companies took heavy losses and investors worried about escalating trade tensions with China, the AP reports. Big-name tech companies like Microsoft fell more than the rest of the market Monday. Intel dove 6.1% following a report in Bloomberg News that...

Dow Drops 500 on
Fears of China Trade War

Apr 2, 2018 11:20 AM CDT

Dow Drops 500 on Fears of China Trade War

Market was down 500 at midday

(Newser) - US stocks were tumbling Monday after China raised import duties on American pork, apples, and other products. The Dow Jones industrial average was down more than 500 points at noon Eastern, or about 2%, per the Wall Street Journal . The Nasdaq slumped 190 points, or 2.7%, and the S&...

Dow Ends Day Up 310

MARKETS

Mar 29, 2018 3:19 PM CDT

Dow Ends Day Up 310

Stocks finish out a rocky quarter

(Newser) - Stocks are closing out a volatile quarter with another surge in technology companies, which have been on a roller-coaster ride this week, the AP reports. The gains Thursday weren't enough to erase the market's first quarterly loss since 2015. After years of slow-and-steady growth, the market plunged in...

US Indexes End
Choppy Day Slightly Lower

MARKETS

Mar 28, 2018 3:14 PM CDT

US Indexes End Choppy Day Slightly Lower

Dow slips 9 points

(Newser) - Stock indexes ended a choppy day of trading slightly lower as the market struggled to find direction a day after another steep drop, the AP reports. Declines in technology stocks and retailers weighed on the market Wednesday, offsetting gains in health care and other sectors. Intel slumped 3.1%, and...

Tech Slide Leads
Stocks Sharply Lower

MARKETS

Mar 27, 2018 3:19 PM CDT

Tech Slide Leads Stocks Sharply Lower

Dow gives up 344 points

(Newser) - A late-afternoon drop in technology stocks pulled indexes sharply lower on Wall Street, erasing much of a powerful rally from the day before, the AP reports. It was solid red in the technology sector Tuesday. Chipmaker Nvidia sank 7.8% following reports that the company was suspending its tests of...

Dow Surges 669 Points

MARKETS

Mar 26, 2018 3:21 PM CDT

Dow Surges 669 Points

Its biggest gain since August 2015

(Newser) - The Dow Jones industrial average surged nearly 670 points, erasing nearly half the ground it lost last week and marking the biggest gain since August 2015, the AP reports. The broad gains Monday were led by technology stocks and banks, which took some of the biggest losses last week as...

Stocks Swoon Again;
Dow Sinks 400

MARKETS

Mar 23, 2018 3:28 PM CDT

Stocks Swoon Again; Dow Sinks 400

Traders worried about trade war between US, China

(Newser) - Stocks sank again Friday, giving Wall Street its worst week in two years, as fear gripped investors that China and the US were headed for a trade war, the AP reports. The Dow Jones industrial average plunged more than 400 points, bringing its weekly decline to 1,400. Technology companies...

Stocks Plunge Amid
Trade War Fears

MARKETS

Mar 22, 2018 3:04 PM CDT

Stocks Plunge Amid Trade War Fears

US indexes have worst drops since Feb. 8

(Newser) - Stocks plunged, sending the Dow Jones industrials down more than 700 points, as investors feared that trade tensions will spike between the US and China, the AP reports. The Trump administration announced trade sanctions against China Thursday, and Beijing has said it will defend itself. Industrial and technology companies, which...

Trump Signs Off on
Major China Penalties

UPDATED

Mar 22, 2018 12:23 PM CDT

Trump Signs Off on Major China Penalties

Dow sinks as investors worry about trade war

(Newser) - President Trump signed an order Thursday that paves the way for imposing tariffs on as much as $60 billion worth of Chinese imports to punish Beijing for what he said is the theft of American technology and Chinese pressure on US companies to hand it over. "It is the...

Indexes End the Day Down

MARKETS

Mar 21, 2018 3:04 PM CDT

Indexes End the Day Down

After initially surging following Fed's announcement

(Newser) - Major US stock indexes mostly gave up early gains and ended lower as investors absorbed the first Federal Reserve meeting led by new Fed Chairman Jerome Powell, the AP reports. After initially surging Wednesday following the Fed's decision to edge its main interest rate higher , large-company stock indexes gave...

Stock Indexes
Close Broadly Higher

MARKETS

Mar 20, 2018 3:11 PM CDT

Stock Indexes Close Broadly Higher

But Oracle, Facebook sink

(Newser) - US stock indexes closed broadly higher, led by gains in retailers, energy and industrial companies, the AP reports. Amazon jumped 2.7% Tuesday, leading the way higher for retailers. Energy companies rose along with the price of oil, and banks were also higher as bond yields rose. Oracle plunged 9....

Facebook Plunges,
Other Tech Stocks Decline

MARKETS

Mar 19, 2018 3:16 PM CDT

Facebook Plunges, Other Tech Stocks Decline

Broad decline on Wall Street Monday

(Newser) - Technology stocks led a broad decline on Wall Street, led by a plunge in Facebook following reports that a company employed by the Trump campaign improperly obtained data on tens of millions of users, the AP reports. Facebook sank 7% in heavy trading Monday, its biggest daily drop in four...

Stocks End Sluggish
Week With Small Gains

MARKETS

Mar 16, 2018 3:29 PM CDT

Stocks End Sluggish Week With Small Gains

Energy, industrial companies rose Friday

(Newser) - The stock market eked out a small gain Friday but still ended the week lower after several days of losses, the AP reports. Energy companies rose along with the price of crude oil. ConocoPhillips gained 1.7%. Banks and industrial companies also ended higher. PNC Financial rose 1.4% and...