stock market

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Dow Crosses 24K for First Time
Dow Crosses 24K for First Time
Nov 30, 2017 8:53 AM CST

Dow Crosses 24K for First Time

November looks like it'll end on a high note

(Newser) - A couple of hours before the stock market opened, President Trump tweeted , "Stock Market hits new Record High. Confidence and enthusiasm abound. More great numbers coming out!" He was right: The Dow Jones Industrial Average crossed the 24,000 threshold for the first time, and the S&P...

Steep Tech Drop Pulls Stocks Lower
Steep Tech Drop
Pulls Stocks Lower
MARKETS
Nov 29, 2017 3:17 PM CST

Steep Tech Drop Pulls Stocks Lower

Micron slumped 8.7%

(Newser) - A steep drop in technology companies pulled major US stock indexes mostly lower Wednesday, offsetting gains in other sectors, the AP reports. Several big names in the tech sector fell—Micron slumped 8.7%—but tech remains the biggest winner on the market this year, up 35%. Bond yields rose...

Markets Finish Strong as Tax Plan Advances
Dow Climbs 255
as Tax Plan Advances
Nov 28, 2017 3:42 PM CST

Dow Climbs 255 as Tax Plan Advances

Markets finish strong

(Newser) - US stocks powered broadly higher to reach more record highs on Wall Street, driven by big gains in banks. Bank of America jumped 3.9% Tuesday and JPMorgan Chase rose 3.5%. Banks rose after Federal Reserve chair nominee Jerome Powell said the Fed would consider easing up on financial...

Oil Prices Dip, Pulling Stocks Down With Them
Oil Prices Dip, Pulling
Stocks Down With Them
MARKETS
Nov 27, 2017 3:24 PM CST

Oil Prices Dip, Pulling Stocks Down With Them

More stocks fell than rose today on Wall Street

(Newser) - A slide in crude oil prices weighed on energy companies, pulling US stock indexes mostly lower on Wall Street, the AP reports. Marathon Oil slumped 4.3% and Newfield Exploration lost 3.3%. Industrial companies and utilities rose, while retailers posted solid gains on reports the holiday shopping season is...

S&P 500 Hits Milestone on Short Trading Day

Closes above 2,600 for the first time

(Newser) - Stocks ended a shortened trading day with more record highs as technology and health care companies posted solid gains. Energy stocks were also higher Friday as the price of US crude oil rose 1.6%. Oil was higher after Bloomberg reported that OPEC and Russia have agreed on an outline...

Stocks End Mostly Lower in Quiet Pre-Thanksgiving Trading

Tech and banks down, energy companies up

(Newser) - Stock indexes ended mostly lower Wednesday on Wall Street in a quiet day of trading ahead of the Thanksgiving holiday, the AP reports. Technology companies and banks finished broadly lower, though Apple managed to gain 1%. Energy companies rose as oil prices jumped on reports OPEC might extend production cuts....

Major Stock Indexes Close at Record Highs
Major Stock Indexes
Close at Record Highs
MARKETS
Nov 21, 2017 3:13 PM CST

Major Stock Indexes Close at Record Highs

Dow ends day up 160

(Newser) - Major US stock indexes are closing at more record highs on Wall Street, the AP reports. The gains Tuesday were broad. Technology and health care companies rose more than the rest of the market, and several stocks were moving on earnings news. Apple rose 1.9% and Facebook rose 1....

Dow Ends Day Up 72
Dow Ends Day Up 72
MARKETS
Nov 20, 2017 3:11 PM CST

Dow Ends Day Up 72

Stocks close modestly higher

(Newser) - Stocks closed modestly higher, led by gains in banks and technology companies, the AP reports. Chipmaker Cavium jumped 11% Monday after agreeing to be acquired by Marvell Technology. Retailers were also in the winning column as investors hoped that shoppers would be spending more this holiday season. Companies that make...

Stocks Close Lower, Led by Drops in Tech
Stocks Close Lower,
Led by Drops in Tech
MARKETS
Nov 17, 2017 3:14 PM CST

Stocks Close Lower, Led by Drops in Tech

S&P 500 has second straight weekly loss

(Newser) - Stocks are closing lower on Wall Street, led by drops in technology companies, as the market gives back some of its big gain from a day earlier, the AP reports. Intel lost 2.2% Friday and Google's parent company Alphabet fell 1.2%. Health care and industrial stocks also...

Nasdaq Closes at Record High
Nasdaq Closes at Record High
MARKETS
Nov 16, 2017 3:11 PM CST

Nasdaq Closes at Record High

Market's two-day losing streak is broken

(Newser) - Stocks are closing solidly higher on Wall Street, driven by strong earnings from Walmart Stores, Cisco Systems, and other companies, the AP reports. The gains Thursday broke a two-day losing streak for the market and pushed the Nasdaq composite to another record high, its first in just over a week....

Tech Companies Lead Losses for US Stocks
As Tech Companies Go,
so Go US Stocks
MARKETS
Nov 15, 2017 3:17 PM CST

As Tech Companies Go, so Go US Stocks

Losses for both Wednesday

(Newser) - Technology companies led a broad slide for US stocks Wednesday, extending the markets losses from a day earlier, the AP reports. Big tech names, which have far outpaced the rest of the market this year, took modest losses. Chipmaker Nvidia lost 2%. Companies that make consumer products also were big...

Slumping Energy Sector Pulls Stocks Lower
Slumping Energy Sector
Pulls Stocks Lower
MARKETS
Nov 14, 2017 3:20 PM CST

Slumping Energy Sector Pulls Stocks Lower

Crude oil prices experienced sharp drop

(Newser) - Slumping energy stocks pulled the broader market slightly lower Tuesday, erasing small gains from the day before, the AP reports. A sharp drop in crude oil prices Tuesday weighed down the energy sector. Range Resources dropped 6.6% and Newfield Exploration gave up 7.1%. Disappointing results or outlooks from...

Stock Indexes Close Modestly Higher
Stock Indexes Close
Modestly Higher
MARKETS
Nov 13, 2017 3:11 PM CST

Stock Indexes Close Modestly Higher

Dow ends day up 17

(Newser) - Stock indexes closed modestly higher as gains for consumer and household goods companies were partly offset by losses in industrial and energy stocks, the AP reports. Mattel soared 21% Monday on a report that Hasbro offered to buy the rival toymaker. General Electric slumped 7% after cutting its dividend and...

Stocks Close Slightly Lower
Stocks Close Slightly Lower
MARKETS
Nov 10, 2017 3:11 PM CST

Stocks Close Slightly Lower

Market's 8-week winning streak ends

(Newser) - Stocks are closing slightly lower Friday as the market's eight-week winning streak comes to an end, the AP reports. Companies that make medical devices and health care equipment declined after an analyst said Amazon may shake up their industry over the next few years. Medtronic fell 1.8% and...

Stocks Close Lower With Sharp Tech Losses
Stocks Close Lower
With Sharp Tech Losses
MARKETS
Nov 9, 2017 3:18 PM CST

Stocks Close Lower With Sharp Tech Losses

Dow ends day down 101

(Newser) - Stocks are closing lower Thursday, with technology and industrial companies taking the sharpest losses after Senate Republicans surprised Wall Street by proposing a delay in cutting corporate taxes, the AP reports. EBay slid 3.5% and Microsoft fell 0.6%. Among industrial companies, Johnson Controls sank 6.1% and Boeing...

Stocks Close Slightly Higher
Stocks Close Slightly Higher
MARKETS
Nov 8, 2017 3:14 PM CST

Stocks Close Slightly Higher

Video game makers give tech companies a boost

(Newser) - US stock indexes are finishing with small gains Wednesday as video game makers gave technology companies a boost and household goods companies also rose, the AP reports. Grand Theft Auto maker Take-Two Interactive jumped 10.6% after it announced strong sales. Activision Blizzard rose 5.9% after it said the...

Dow Inches Up to New Record as S&P 500, Nasdaq Edge Down

Russell 200 index of smaller companies sinks 1.3%

(Newser) - Stocks are closing mostly lower as smaller companies and banks took their worst losses in a few months, the AP reports. Online travel company TripAdvisor tumbled 22% and competitor Priceline fell 14% Tuesday after TripAdvisor reported weak revenue and Priceline's quarterly forecast disappointed investors. The Russell 200 index of...

All 3 Major Indexes Set New Records
All 3 Major Indexes
Set New Records
MARKETS
Nov 6, 2017 3:11 PM CST

All 3 Major Indexes Set New Records

Saudi upheaval sends crude prices to 2-year highs

(Newser) - Stocks are closing at new records Monday as upheaval in oil-rich Saudi Arabia sent crude prices to two-year highs, the AP reports. Chipmakers and media companies climbed on deal reports while phone companies sank. Chipmaker Qualcomm rose 1% Monday, off earlier highs, after competitor Broadcom offered to buy it for...

Health, Tech Companies Push Stocks to Record Highs

S&P 500 has risen for 8 straight weeks

(Newser) - Stocks are closing at record highs as technology and health care companies rise, the AP reports. Apple jumped 2.7% Friday after a strong quarterly report and forecast. Health care companies broke out of a recent slump. Medical device maker Abbott Labs rose 2%. The Labor Department said employers added...

Stocks Closed Mixed on Wall Street
Stocks Closed Mixed
on Wall Street
MARKETS
Nov 2, 2017 3:25 PM CDT

Stocks Closed Mixed on Wall Street

And House Republicans' tax proposals didn't help

(Newser) - Stocks closed mixed Thursday as investors pored over House Republicans' tax proposals and a disappointing round of company results, the AP reports. Rubbermaid owner Newell Brands plunged 27% and generic drugmaker Teva Pharmaceutical Industries dropped 20%. Both cut their annual forecasts following weak third quarter reports. Homebuilders fell after Republicans...

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