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Schiff: Trump Should Be Investigated for Insider Trading

Tariff pause seems suspicious to some Democrats

(Newser) - Some Democrats are calling foul on President Trump's abrupt tariff pause, which caused stock prices to soar —days after the announcement of the tariffs led to the worst market plunge in years . Sen. Adam Schiff of California called on Congress to investigate whether the president engaged in market...

Dow Misses Matching a Mark Set in 1897
Dow Misses Matching
a Mark Set in 1897
MARKETS
Jul 27, 2023 3:41 PM CDT

Dow Misses Matching a Mark Set in 1897

Index falls for the first time in 14 days

(Newser) - Wall Street closed lower on Thursday, its big rally losing momentum despite fatter-than-expected profit reports from big companies and the latest signals of a resilient economy. Had the Dow finished in positive territory, it would have been 14 days in a row, matching a feat last accomplished in 1897, per...

After Worrying, Market Rallies
Market Rallies After Comments
markets
Jan 20, 2023 4:04 PM CST

Market Rallies After Comments

Fed governor says he wants just quarter-point increase in interest rates

(Newser) - A rough week on Wall Street dominated by worries about a weakening economy ended Friday with a broad rally that gave the market its best day in two weeks. The Dow rose 330.93 points, or 1%, to 33,375.49; the S&P 500 climbed 73.76 points, or...

On Election Day, Investors Are in a Good Mood
Dow Is Surging
on Election Day
Nov 3, 2020 10:15 AM CST

Dow Is Surging on Election Day

Investors hoping for elections results with little drama

(Newser) - Election Day jitters aren't plaguing Wall Street. The Dow was up more than 600 points in morning trading, more than 2%, and the S&P 500 and the Nasdaq also were up by more than 2%. What the Wall Street Journal reads into this: Investors are betting that Joe...

Jim Cramer Targets 'Clueless' Buyers as Stocks Keep Rising

On the bright side, the S&P 500 rose yet again

(Newser) - Stocks closed higher on Wall Street Wednesday, lifting the S&P 500 to its fourth straight gain and pulling it within 2% of the all-time high it set in February, the AP reports. Companies that rely on consumer spending, banks, industrial, and technology stocks accounted for a big share of...

Oil Collapse Drags Stocks Down
Oil Chaos Deepens,
Drags Markets Down
MARKETS
Apr 21, 2020 3:49 PM CDT

Oil Chaos Deepens, Drags Markets Down

'There is so much oil sloshing around the world and so few people using it'

(Newser) - Oil's chaotic collapse deepened, and stocks around the world dropped on Tuesday as the economic carnage caused by the coronavirus pandemic turned markets upside down. The S&P 500 closed down 3% Tuesday, its second straight loss. Markets across Europe and Asia had similar drops. Oil prices crumbled again...

Small Gains Push Indexes Up
Small Gains Lift S&P 500 Again
MARKETS
Nov 8, 2019 3:25 PM CST

Small Gains Lift S&P 500 Again

Dow, Nasdaq also climb

(Newser) - Stocks wobbled between small gains and losses Friday amid conflicting signals about how much progress is being made in resolving the US-China trade war, the AP reports. The modest gains were enough to send major indexes to more record highs. The S&P 500 closed out its fifth straight week...

Stocks Lose Midday Gain, Take Slight Dip
Stocks Lose Midday
Gain, Take Slight Dip
MARKETS
Feb 1, 2018 3:30 PM CST

Stocks Lose Midday Gain, Take Slight Dip

Consumer-driven firms lead the way down

(Newser) - Stocks are closing mostly lower on Wall Street after a midday gain evaporated in the late afternoon, the AP reports. Consumer-focused companies like retailers led the way lower Thursday. Amazon, which has been on a tear recently, dropped 4.2%. United Parcel Service slumped 6.1% after saying higher costs...

Dow Slips 54 Points After Record Drive
Dow Slips 54 Points
After Record Drive
MARKETS
Nov 28, 2016 3:24 PM CST

Dow Slips 54 Points After Record Drive

Banks and energy companies suffered more than rest of market

(Newser) - Major US stock indexes closed slightly lower on Wall Street Monday, pulling back from the records they set last week, the AP reports. The Dow Jones industrial average fell 54 points, or 0.3%, to 19,097. The Standard & Poor's 500 index lost 11 points, or 0.5%,...

One Guy From Home Caused Flash Crash? This Is 'Parody'

Michael Lewis says there's much yet to learn from this 'spoofing' case

(Newser) - Five years after the infamous "flash crash" of the Dow, financial regulators think they've got a key culprit, and the case is rather astonishing, writes Michael Lewis at Bloomberg View . Navinder Singh Sarao isn't the villain you might expect, and a question posed by Lewis gets to...

Dow Crosses 15K for First Time

Strong jobs report lifts markets

(Newser) - A big gain in the job market lifted the stock market to a record high this morning. The Dow Jones industrial average crossed 15,000 for the first time, and the Standard and Poor's 500 index, a broader market measure, rose above 1,600. In the first hour of...

Dow Plummets 200+ Points
 Dow Plummets 200+ Points 
Jun 1, 2012 10:07 AM CDT

Dow Plummets 200+ Points

Weak jobs report leads to market troubles

(Newser) - The Dow's gain for the year is gone, thanks to today's terrible jobs report . The Dow fell more than 200 points following the report, according to the AP . At 11am EDT, it was at 12,170, down 224 points. That's a loss of about 0.3% for...

Dow Drops 300+ Points
 Dow Drops 300+ Points 
Sep 9, 2011 11:50 AM CDT

Dow Drops 300+ Points

Investors worried about Europe again

(Newser) - President Obama might be getting good reviews for his plan to shore up the US economy, but investors are far more worried about Europe, reports MarketWatch . The Dow was down more than 300 points at midday to below 11,000, and both Nasdaq and the S&P 500 were each...

Markets: Dow, S&P 500, Nasdaq Down at Open
 Dow Down 100 at Open 
MARKETS
Aug 19, 2011 8:39 AM CDT

Dow Down 100 at Open

S&P 500, Nasdaq follow suit

(Newser) - No major relief for the markets today, at least not so far: The Dow was down about 100 points at open, resting below 10,900, according to MarketWatch . The S&P 500 and Nasdaq were also down, 7 points and 5 points, respectively. And the news from abroad isn't...

Markets: Dow, S&P, Nasdaq Down at Open
 Dow Plunges 480+, Below 11K 
UPDATED
Aug 18, 2011 9:19 AM CDT

Dow Plunges 480+, Below 11K

S&P, Nasdaq follow suit

(Newser) - The Dow plunged more than 300 points at the open today, and dropped almost 500 before retreating, as investors worried about Europe and the global economy. It's currently hovering just below 11,000, according to Marketwatch . The S&P 500 also dropped 48 points to 1,146, while the...

Dow Rises 100+ on Retail Sales Report

S&P 500, Nasdaq also rise

(Newser) - Markets are up, at least for now: The Dow was up more than 100 points at open, with the S&P 500 and Nasdaq following suit, up about 11 and 13 points, respectively, MarketWatch reports. An upbeat report on retail sales no doubt prodded stocks upward: July sales rose a...

Buffett: Japan Presents 'Buying Opportunity'

Country's 'economic future' unchanged, says investing guru

(Newser) - There’s no need to panic about Japanese markets post-earthquake, says Warren Buffett: Such cataclysmic events often create a “buying opportunity,” he tells Reuters from South Korea. “It will take some time to rebuild,” but the market plunge “will not change the economic future of...

UAE Stocks Plunge on Dubai Fears; Asia Rebounds

Abu Dhabi exchange drops more than 8%

(Newser) - Stock markets plummeted in the United Arab Emirates today, in response to Dubai’s credit woes. The Abu Dhabi Stock Exchange lost more than 8% in heavy trading, while the Dubai Financial Market, a currency exchange, lost 7%. Stocks heavily linked to Dubai did especially poorly; ports operator DP World...

Stocks Down on Job Data
 Stocks Down on Job Data 
MARKET Open
Jun 3, 2009 8:43 AM CDT

Stocks Down on Job Data

(Newser) - Stocks headed lower at the open today, ahead of much-anticipated testimony from Ben Bernanke, the Wall Street Journal reports. The Dow fell 40 points, while the Nasdaq and S&P fell 13 and 8 points respectively. The US lost 532,000 private sector jobs in May, according to an ADP...

Dow Off 156 as Rally Slows
 Dow Off 156 as Rally Slows 
MARKETS
May 11, 2009 3:10 PM CDT

Dow Off 156 as Rally Slows

(Newser) - Stocks were down today on continued sluggishness from hard-hit areas like financials, industry, and energy, the Wall Street Journal reports. Though the improving market has led to an influx of cash from investors, key indices for transportation and industry have lagged. The Dow was down 155.88, to 8,418....

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