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Wall Street Churns After Inflation Data Arrives
Wall Street Churns After
Inflation Data Arrives
MARKETS

Wall Street Churns After Inflation Data Arrives

Rate was only slightly higher than expected

(Newser) - Stocks churned to a mixed close on Wall Street after a highly anticipated report showed inflation accelerated across the country last month, but not by much more than expected. The S&P 500 rose 5.54 points, or 0.1%, to 4,467.44. The Dow Jones Industrial Average fell...

Oracle Tumbles 14% Despite Strong Profits
Oracle Tumbles 14%
Despite Strong Profits
MARKETS

Oracle Tumbles 14% Despite Strong Profits

Revenue forecast was below expectations

(Newser) - Stocks drifted to a lower close Tuesday as Wall Street waited for highly anticipated reports later this week about inflation and the economy. The S&P 500 fell 25.56 points, or 0.6%, to 4,461.90. The Dow Jones Industrial Average slipped 17.73 points, or 0.1%,...

Big Rally for Big Tech Lifts Markets
Tesla Jumps 10.1% as
Tech Stocks Lift Markets
MARKETS

Tesla Jumps 10.1% as Tech Stocks Lift Markets

Wall Street claws back around half its losses from last week

(Newser) - A rally for Big Tech stocks on Monday helped Wall Street claw back about half its loss from last week. The S&P 500 rose 29.97, or 0.7%, to 4,487.46, coming off its first losing week in the last three. The Dow Jones Industrial Average gained...

Roku Rises After Announcing Job Cuts
Roku Rises After
Announcing Job Cuts
MARKETS

Roku Rises After Announcing Job Cuts

But major indexes dropped for a 2nd day

(Newser) - Stocks fell on Wall Street, continuing a weak stretch on this holiday-shortened week. The S&P 500 fell 31.35 points, or 0.7%, to 4,465.48. The Dow Jones Industrial Average fell 198.78 points, or 0.6%, to 34,443.19. The Nasdaq composite fell 148.48...

Oil Prices Rise After Russia, Saudis Extend Production Cut

Indexes closed lower after 2 weeks of gains

(Newser) - Stocks closed lower on Wall Street Tuesday as traders returned from a long holiday weekend. The S&P 500 fell 18.94 points, or 0.4%, to 4,496.83. The index is coming off its second weekly gain. The Dow Jones Industrial Average fell 195.74 points, or 0....

Stocks Rise Amid Signs Hiring Is Cooling
'Right Now,
What's Bad
Is Good'
MARKETS

'Right Now, What's Bad Is Good'

Stocks edge upward amid signs hiring is cooling

(Newser) - Stocks closed modestly higher on Wall Street, chipping away at the market's losses for August. Treasury yields fell Wednesday after some weaker-than expected readings on the US economy and job market. The S&P 500 rose 17.24 points, or 0.4%, to 4,514.87 for its fourth...

Stocks Rise After Reports Suggest Economy Is Cooling
Wall Street Welcomes
Signs Economy Is Cooling
MARKETS

Wall Street Welcomes Signs Economy Is Cooling

S&P 500 just had its best day since early June

(Newser) - Stocks closed higher on Wall Street Tuesday as two economic reports suggested the economy is cooling enough for the Federal Reserve to pause hiking interest rates. The S&P 500 rose 64.32 points, or 1.5%, to 4,497.63, its biggest gain since early June. The Dow Jones...

Wall Street Just Had Its Best Day Since June
Wall Street Just Had
Its Best Day Since June
MARKETS

Wall Street Just Had Its Best Day Since June

Pressure from bond market eases after report suggests economy is cooling

(Newser) - Wall Street rallied to its best day since June on Wednesday after pressure that's built up on stocks from the bond market relaxed a bit. The S&P 500 climbed 1.1% to trim its loss for what's been a dismal August so far. The Dow Jones Industrial...

Stocks Slide Ahead of Market-Moving Events
Stocks Slide Ahead of
Market-Moving Events
MARKETS

Stocks Slide Ahead of Market-Moving Events

Traders are braced for Nvidia earnings, Powell speech

(Newser) - Wall Street ticked lower Tuesday ahead of two potentially market-shaking events later in the week. The S&P 500 slipped 12.22, or 0.3%, to 4,387.55 to give back some of its rare August gain from a day before, which was powered by Big Tech stocks. The...

Nvidia Jumps 8.5% Ahead of Profit Report
Big Tech Stocks Rebound
MARKETS

Big Tech Stocks Rebound

Nvidia jumps 8.5% ahead of profit report

(Newser) - Wall Street closed mixed on Monday, holding a bit firmer following its three-week losing streak. The S&P 500 rose 0.7% as gains for Tesla, Microsoft, and other Big Tech stocks lifted the index. That's even though the majority of stocks fell. The S&P 500 rose 30....

Stocks Tumble After Release of Fed Meeting Minutes

Minutes suggest Fed officials are unsure about their next move

(Newser) - Wall Street weakened Wednesday to worsen what's already been a messy August. The S&P 500 fell 33.53, or 0.8%, to 4,404.33, following up on its prior day's tumble of 1.2%. The Dow Jones Industrial Average lost 180.65 points, or 0.5%,...

Worries About China Weigh Down Markets
Dow Drops 361 Points
Amid Worries About China
MARKETS

Dow Drops 361 Points Amid Worries About China

But report on US retail sales was encouraging

(Newser) - A sharp drop for Wall Street capped a day of declines worldwide after discouraging data on China raised worries about the global economy. The S&P 500 fell 1.86 points, or 1.2%, to 4,437.86 Tuesday after reports indicated a deepening slump for the world's second-largest...

US Steel Jumps 38.9% After Buyout Offer Rejected
US Steel Jumps Almost 40%
MARKETS

US Steel Jumps Almost 40%

Indexes edge higher ahead of report on retail sales

(Newser) - Stock indexes ticked higher on Wall Street ahead of a week of reports showing how strong US shoppers remain, amid hopes their spending can keep the economy out of a recession. The S&P 500 added 25.67, or 0.6%, to 4,489.72, though slightly more stocks fell...

Nvidia Drops Almost 5% Ahead of Inflation Report

It was also a bad day for Lyft, WeWork, Tesla

(Newser) - Stocks slipped Wednesday, as Wall Street braced for a highly anticipated report on inflation. The S&P 500 fell 31.67 points, or 0.7%, to 4,467.71 Wednesday and has now dropped six of the last seven days. The Dow Jones Industrial Average fell 191.13 points, or...

Worries About Banks Drag Markets Down
Worries About Banks,
World Economy Hit Markets
MARKETS

Worries About Banks, World Economy Hit Markets

Moody's cuts credit ratings for 10 small to midsized American banks

(Newser) - Wall Street slipped Tuesday as worries about the banking system and the global economy forced more caution into financial markets worldwide. The S&P 500 fell 19.06, or 0.4%, to 4,499.38 and at one point was down nearly triple that. It was the fifth loss in...

Markets Regain Momentum After Last Week&#39;s Lull
Markets Bounce Back
After Last Week's Lull
MARKETS

Markets Bounce Back After Last Week's Lull

Dow jumps 407 points

(Newser) - Stocks climbed Monday as Wall Street's big rally for the year kicked back into gear following a brief hiccup. The S&P 500 rose 40.41, or 0.9%, to 4,518.44 and recovered more than a third of its loss from last week. That was its first...

Wall Street Just Had Its Worst Day in Months
Wall Street Just Had
Its Worst Day in Months
MARKETS

Wall Street Just Had Its Worst Day in Months

Dow drops 348 points as rally runs out of steam

(Newser) - Wall Street tumbled to its worst day in months as its torrid rally that critics called overdone lost more momentum. The S&P 500 fell 63.34 points Wednesday, or 1.4%, to 4,513.39 for its sharpest drop since April. It was the index's second straight loss...

Travel Stocks Drop as Markets Back From Rally
Travel Stocks Drop
Despite Strong Profits
MARKETS

Travel Stocks Drop Despite Strong Profits

Wall Street edges back from year's big rally

(Newser) - Wall Street took a step back from its big rally so far this year, and most stocks fell Tuesday following a mixed set of earnings reports from US companies. The S&P 500 lost 12.23, or 0.3%, to 4,576.73, coming off its fifth straight winning month....

Stocks Edge Higher to Close Another Winning Month

S&P 500 is at a 16-month high

(Newser) - Wall Street closed out its latest winning month with another tick higher on Monday. The S&P 500 added 6.73 points, or 0.1%, to 4,588.96 to cap its fifth straight month of gains. That's its longest winning streak in nearly two years, and the index...

Markets Hold Steady After Fed Raises Rates
Boeing, Alphabet Help
Keep Markets Steady
MARKETS

Boeing, Alphabet Help Keep Markets Steady

Indexes were little changed after Fed raised rates

(Newser) - Wall Street held steady after the Federal Reserve followed through on expectations and raised its benchmark interest rate to its highest level in more than two decades. Treasury yields fell following Wednesday's announcement, which traders hope will mark the final increase of this cycle, the AP reports. The S&...

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