stocks

Stories 41 - 60 | << Prev   Next >>

Reserve Chair Speaks, and Wall Street Slides Again

The S&P 500 lost 1.7% as stocks fell for second straight day

(Newser) - Stocks fell for the second day in a row Wednesday on Wall Street, weighed down by worries about a slow recovery for the economy, the AP reports. The weakness came after Federal Reserve Chair Jerome Powell warned about the threat of a prolonged recession because of the shutdowns related to...

S&amp;P 500 Has Its First Loss This Week
Stocks Were Rising
Until This Data Came In
markets
May 6, 2020 3:10 PM CDT

Stocks Were Rising Until This Data Came In

The S&P 500 suffers its first loss this week

(Newser) - Stocks fell on Wall Street Wednesday, sending the market to its first loss in three days, after more depressing data rolled in on the devastation sweeping the global economy, the AP reports. The S&P 500 dropped 0.7%, and three out of four stocks in the index sank. But...

Stocks Rebound After 2 Bad Days
Finally, Stocks Have an Up Day
markets
Apr 22, 2020 3:10 PM CDT

Finally, Stocks Have an Up Day

The S&P 500 index rises 2.3%

(Newser) - Stocks are closing higher on Wall Street after two days of losses, and the price of oil burst higher a day after a historic plunge, the AP reports. US crude jumped after President Donald Trump threatened the destruction of any Iranian gunboats that harass US Navy ships, raising the possibility...

Stocks Fall on Grim News
Stocks Fall on Grim News
markets
Apr 15, 2020 3:18 PM CDT

Stocks Fall on Grim News

The S&P 500 is down 2.2%

(Newser) - Stocks are closing lower on Wall Street as more signs emerge of the economic damage being caused by the coronavirus outbreak, the AP reports. The S&P 500 fell 2.2% Wednesday. Bond prices rose, sending yields lower. Energy stocks fell sharply after the price of oil touched another 18-year...

Stocks Shoot Up 3.4%
Investors See Upside
of Pandemic Numbers
markets
Apr 8, 2020 3:15 PM CDT

Investors See Upside of Pandemic Numbers

Stocks shoot up 3.4%

(Newser) - Stocks shot 3.4% higher Wednesday on Wall Street as investors chose to focus on the optimistic side of data about the coronavirus outbreak's trajectory, the AP reports. It's the latest about-face in this brutally volatile stretch for the US stock market, which has flip-flopped between gains and...

'Unseemly' Detail Emerges on Senator's Stock Purge

Sen. Kelly Loeffler invested in a company that makes medical protective equipment

(Newser) - Maybe Sen. Kelly Loeffler hopes the details will exonerate her? Well, we'll soon see. The GOP senator has given the Atlanta Journal-Constitution details about her sale of millions of dollars in stocks—much of which happened after senators privately learned about the looming coronavirus on Jan. 24. Turns out...

Coronavirus Gets Tighter Grip on Stock Market
Market Reacts
to Estimated
US Death Toll
markets
Apr 1, 2020 3:15 PM CDT

Market Reacts to Estimated US Death Toll

Selling is widespread as the S&P 500 drops over 4%

(Newser) - Stocks are closing sharply lower on Wall Street as more signs piled up of the economic and physical pain being caused by the coronavirus outbreak, the AP reports. The S&P 500 dropped more than 4% Wednesday after the White House said that 100,000 to 240,000 people in...

Afternoon Rally Fizzles on CNBC Report
Afternoon Rally
Fizzles on CNBC Report
markets
Mar 25, 2020 3:15 PM CDT

Afternoon Rally Fizzles on CNBC Report

But stocks closed higher overall

(Newser) - Stocks are closing higher on Wall Street Wednesday but gave up much of an afternoon rally after CNBC reported that a dispute between Sen. Bernie Sanders and Republicans over unemployment aid could cause the coronavirus aid bill to be delayed, the AP reports. The S&P 500 rose 1.2%...

Sen. Loeffler Responds to Critics of $18M Stock Purge

Lawmakers sold a lot of stock in the pandemic's early days

(Newser) - Sen. Kelly Loeffler is taking a stand against critics of her recent stock purge—one of several by lawmakers as the coronavirus began to spread. "It's absolutely false," Loeffler said Friday on Fox News . "And, it could not be true." CNBC notes that Loeffler and...

Only One Restaurant's Stock Is Up From Last Year

Domino's is up almost 8% in 2020

(Newser) - The novel coronavirus continues to wreak havoc around the globe, and restaurants are nervously keeping an eye on things as more people hole up at home to practice social distancing . One chain in particular, though, has been doing so well that it's "making analysts nervous," per MarketWatch...

Tesla Bears' Refrain: 'I Got My Butt Kicked'

'Wall Street Journal' tallies losses of $8.4B this year for those betting against the company

(Newser) - "Oh damn, I got my butt kicked." That's the lament of private investor Robert Majteles to the Wall Street Journal over the recent meteoric rise of Tesla's stock . The assessment pretty much sums up the story, which explains that Majteles is one of many investors in...

Stocks Plunge Amid Uncertainty Over Virus
Dow Falls More Than
600 Points Amid Virus Scare
updated
Jan 31, 2020 3:15 PM CST

Dow Falls More Than 600 Points Amid Virus Scare

Technology stocks lead the losses, with Apple falling 3.9%

(Newser) - Stocks plunged on Wall Street as investors feared that a virus outbreak that originated in China will dent the global economy, the AP reports. Technology companies, which do a lot of business with China, led the losses. Airlines fell after Delta and American suspended flights to and from China. The...

Stocks Drop Amid US-Iran Clash
US-Iran Clash
Troubles Wall Street
markets
Jan 7, 2020 3:05 PM CST

US-Iran Clash Troubles Wall Street

The Dow, S&P, and Nasdaq all take a dip

(Newser) - Stocks are closing lower on Wall Street as investors wait for the next step in the increasingly tense US-Iran confrontation, the AP reports. Oil prices gave up some of their recent gains after a US drone strike killed Iran's top general on Friday. Banks and makers of consumer products...

Guru: Exercise Titan Is So Done
Guru: Exercise Titan Is So Done
Dec 11, 2019 4:48 PM CST

Guru: Exercise Titan Is So Done

Andrew Left at Citron Research sees dark days ahead for Peloton

(Newser) - Peloton's month could get worse—we're just not sure how. First, a company commercial was widely panned and inspired a tongue-in-cheek response . Then stock fell, and kept falling this week. Now an esteemed short seller predicts that Peloton shares will plunge to just $5 in 2020, CNN Business...

It's a Down Day for Stocks, Brutal for One Retailer

Urban Outfitters plunges 15.2%

(Newser) - Stocks are closing lower on Wall Street as investors worry that the US and China may not reach a trade deal this year, the AP reports. Technology and communications stocks helped pull the market lower Wednesday. Analog Devices, a chipmaker, fell 2.8%. AT&T lost 2.2%. Several retailers...

Brexit Talks Help Spark a Buying Mood
Dow Edges Up 23
markets
Oct 17, 2019 3:18 PM CDT

Dow Edges Up 23

And the S&P rises 8 points on upbeat day

(Newser) - Stocks are closing broadly higher on Wall Street as some solid corporate earnings and a breakthrough in negotiations over Britain's exit from the European Union put investors in a buying mood, the AP reports. Companies including Netflix, CSX, and Morgan Stanley rose Thursday after reporting surprisingly good profits. Industrial...

Banks Are Up, Health Care&#39;s Down
Stocks Take a Rocky Ride
markets
Aug 22, 2019 3:20 PM CDT

Stocks Take a Rocky Ride

And remarks by Fed officials leave investors uncertain

(Newser) - Stocks ended an up-and-down day mostly lower as losses for health care and technology companies offset gains in banks and other sectors, the AP reports. UnitedHealth Group gave up 3.1% Thursday and Adobe lost 1.3%. Remarks from two Federal Reserve bank presidents left investors less certain about the...

Retailers: We Have Good News
Retailers: We Have Good News
markets
Aug 21, 2019 3:22 PM CDT

Retailers: We Have Good News

Target jumps 20%, Lowe's 10% on an upbeat day

(Newser) - Stocks closed higher on Wall Street as investors applauded encouraging quarterly results from major retailers, the AP reports. Target soared 20% Wednesday after releasing earnings that blew past analysts' expectations. Lowe's also jumped 10% after its results beat forecasts. Technology companies accounted for a big share of the gains....

Banks Have It Worst Amid Modest Slide
It's a Bad Day for Banks
markets
Aug 20, 2019 3:19 PM CDT

It's a Bad Day for Banks

And the S&P 500 snaps a 3-day winning streak

(Newser) - Financial companies led a modest slide by stocks on Wall Street as a mixed batch of company earnings and declining bond yields weighed on the market, the AP reports. The selling pulled every major sector lower on Tuesday, snapping a three-day winning streak for the S&P 500. Banks took...

Wall Street&#39;s 2-Week Slide Continues
Dow Falls Nearly 400 Points
MARKETS
Aug 12, 2019 3:18 PM CDT

Dow Falls Nearly 400 Points

Wall Street's 2-week slide continues

(Newser) - Banks and technology companies led stocks broadly lower on Wall Street, extending a two-week slide brought on by escalations of the trade conflict between the US and China that investors fear will slow down the global economy, reports the AP . The Dow Jones Industrial Average fell almost 400 points Monday....

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