Dow Jones – News Stories About Dow Jones - Page 14

MARKETS

Feb 15, 2023 4:08 PM CST

Blowout Retail Sales Data Lifts Markets

S&P 500 erases early loss

(Newser) - Stocks closed slightly higher on Wall Street after a report showed US shoppers opened their wallets at stores last month by much more than expected, even as they contended with higher interest rates on credit cards and other loans. The S&P 500 eked out a gain of 0.3%...

Key Inflation Report
Didn't Shake Markets

MARKETS

Feb 14, 2023 3:52 PM CST

Key Inflation Report Didn't Shake Markets

Indexes dropped slightly after report suggested inflation is cooling more slowly than hoped

(Newser) - Stocks ended mixed on Wall Street following several sharp reversals after a report suggested inflation may not be slowing as quickly and as smoothly as hoped. The S&P 500 closed virtually unchanged Tuesday after swinging between losses and gains throughout the day. The index fell 1.16 points, less...

Dow Jumps 377 Points
Ahead of Inflation Report

MARKETS

Feb 13, 2023 3:48 PM CST

Dow Jumps 377 Points Ahead of Inflation Report

Traders are betting figures will show inflation is continuing to cool

(Newser) - Wall Street closed higher Monday as traders made their final moves in anticipation of a report that could show whether inflation is cooling in the right way or setting the market up for worse pain. The S&P 500 rose 46.83 points, or 1.1%, to 4,137.29....

Chipotle Drops 5% as Wall St. Gives Up Gains

Chipotle Falls 5% on a
Rough Day for Wall St.

MARKETS

Feb 8, 2023 3:41 PM CST

Chipotle Falls 5% on a Rough Day for Wall St.

Major indexes drop amid continued uncertainty

(Newser) - Wall Street gave back some of its recent gains Wednesday as uncertainty about interest rates and inflation continued to reign. The S&P 500 fell 46.14 points, or 1.1%, to 4,117.86 The Dow Jones Industrial Average fell 207.68 points, or 0.6%, to 33,949....

Fed Chair's Remarks
Lift Wall Street

MARKETS

Feb 7, 2023 3:46 PM CST

Fed Chair's Remarks Lift Wall Street

Dow rises 266 point

(Newser) - Stocks closed higher on Wall Street after the head of the Federal Reserve signaled last week’s stunningly strong jobs report isn’t likely to change where interest rates are heading on its own, as some investors had feared. The S&P 500 rose 52.92 points, or 1.3%,...

Stocks Drop for a 2nd Day
After Stunning Jobs Report

MARKETS

Feb 6, 2023 3:43 PM CST

Stocks Drop for a 2nd Day After Stunning Jobs Report

Investors are worried about more rate hikes

(Newser) - Stocks slipped again on Wall Street Monday. The S&P 500 fell 0.6%, its second straight fall after a stunningly strong report on the jobs market dented the market’s hopes that interest rates would ease. The S&P 500 fell 25.40 points to 4,111.08. The...

Wall Street Climbs as Fed Sees Progress in Inflation Fight

Stocks Do U-Turn
After Fed Chief Speaks

MARKETS

Feb 1, 2023 4:00 PM CST

Stocks Do U-Turn After Fed Chief Speaks

S&P 500 jumps from 1% loss to 1% gain as Powell sees progress against inflation

(Newser) - Stocks climbed Wednesday to send Wall Street to its best level since the summer following the latest hike to interest rates by the Federal Reserve, which said it’s finally seeing improvements in inflation. The S&P 500 rallied back from an early 1% loss to finish 1% higher 4,...

Wall Street
Ends January
on a Strong Note

MARKETS

Jan 31, 2023 3:45 PM CST

Wall Street Ends January on a Strong Note

But McDonald's fell despite strong profits

(Newser) - Wall Street closed out a strong January with more gains. The S&P 500 rose 58.83 points Tuesday, or 1.5%, to 4,076.60, marking its third winning month in the last four. The Dow Jones Industrial Average rose 368.95 points, or 1.1%, to 34,086....

Stocks Drop as Investors
Prepare for Fed Decision

MARKETS

Jan 30, 2023 3:56 PM CST

Stocks Drop as Investors Prepare for Fed Decision

Earnings reports, jobs report also due this week

(Newser) - Stocks closed lower on Wall Street ahead of a week full of potentially market-moving events. The S&P 500 fell 52.79 points, or 1.3%, to 4,017.77 Monday as markets prepared for decisions on interest rates around the world and a slew of earnings reports. The Dow...

Indexes Finish Flat in
'Jekyll and Hyde' Market

MARKETS

Jan 25, 2023 3:45 PM CST

Indexes Finish Flat in 'Jekyll and Hyde' Market

Microsoft rebounded from big losses in early trading

(Newser) - Stocks shook off an early slide and wound up little changed Wednesday as worries about corporate profits weighed on the market. The S&P 500 fell 0.73 points, or less than 0.1%, to 4,016.22. The Dow Jones Industrial Average rose 9.88 points, or less than...

3M Drops 6.3% After
Disappointing Earnings Report

MARKETS

Jan 24, 2023 3:31 PM CST

3M Drops 6.3% After Disappointing Earnings Report

Indexes drifted between gains, losses

(Newser) - Stocks ended mixed on Wall Street Tuesday after drifting between gains and losses as more big US companies delivered their earnings reports for the last three months of 2022. Some of them came up short of what investors were expecting, leading to drops in their stock prices, the AP reports....

Markets Rally as
Fed Rate Move
Approaches

MARKETS

Jan 23, 2023 3:49 PM CST

Markets Rally as Fed Rate Move Approaches

Tech stocks led the way, with Nasdaq up 2%

(Newser) - Stocks closed higher on Wall Street as investors grew more convinced the Federal Reserve will keep downshifting the size of its rate hikes and as several major companies prepared to report their latest results. Tech companies led the way in a broad rally, pushing the Nasdaq composite up 223.98...

Wall Street Just Had Its
Biggest Pullback of the Year

MARKETS

Jan 18, 2023 3:45 PM CST

Wall Street Just Had Its Biggest Pullback of the Year

Dow fell 614 points

(Newser) - Wall Street had its biggest pullback of the year Wednesday as a January market rally sputtered. Technology stocks led the way lower, including a 1.9% drop in Microsoft after the tech titan joined others in its industry in announcing layoffs . Weak readings on retail sales and industrial production also...

Goldman Sachs Reports
66% Fall in Profit

MARKETS

Jan 17, 2023 3:49 PM CST

Goldman Sachs Reports 66% Fall in Profit

Dow drops 392 points

(Newser) - Major US indexes closed mixed on Wall Street at the beginning of a holiday-shortened, but earnings-heavy week. The S&P 500 fell 8.12 points, or 0.2%, to 3,990.97. The Nasdaq rose 15.96 points, or 0.1%, to 11,095.11. The Dow Jones Industrial Average...

Markets Rally Ahead of
Key Report on Inflation

MARKETS

Jan 11, 2023 3:50 PM CST

Markets Rally Ahead of Key Report on Inflation

Optimism has caused 'mini-rebound'

(Newser) - Stocks closed higher on Wall Street as investors made their final moves ahead of a highly anticipated report on inflation. The S&P 500 rose 1.3% Wednesday, its second straight gain before Thursday morning's inflation data. Economists expect the report to show that inflation continued to cool last...

Stocks Edge Higher as
Inflation Report Looms

MARKETS

Jan 10, 2023 3:46 PM CST

Stocks Edge Higher as Inflation Report Looms

Fed chair didn't offer any clues in Stockholm remarks

(Newser) - Stocks ticked higher in quiet trading on Wall Street Tuesday, ahead of some potentially market-moving reports scheduled for later in the week. The S&P 500 rose 27.16 points, or 0.7%, to 3,919.25 after drifting between small gains and losses through the day. The Dow Jones...

Macy's, Lululemon Fall
After Cautious Forecasts

MARKETS

Jan 9, 2023 3:46 PM CST

Macy's, Lululemon Fall After Cautious Forecasts

Markets gave up early gains Monday

(Newser) - Stocks gave up early gains and drifted to a mixed close on Wall Street. Weakness in health care companies worsened throughout the day. Stocks are coming off their first weekly gain in five on hopes the Federal Reserve may ease up on its economy-shaking hikes to interest rates as inflation...

Fed Meeting Minutes
Limit Market Gains

MARKETS

Jan 4, 2023 4:07 PM CST

Fed Meeting Minutes Limit Market Gains

But market still broke a losing streak

(Newser) - Stocks ended higher on Wall Street after a day of wavering as minutes from the Federal Reserve’s last meeting of policymakers underscored how the central bank remains determined to keep rates high to crush inflation. The S&P 500 rose 28.83 points, or 0.8%, to 3,852....

Wall Street Starts 2023
on a Gloomy Note

MARKETS

Jan 3, 2023 3:51 PM CST

Wall Street Starts 2023 on a Gloomy Note

Major indexes drop on year's first trading day

(Newser) - Stocks fell on Wall Street’s first trading day of 2023 after closing out its worst year since 2008. The S&P 500 fell 15.36 points on Tuesday, or 0.4%, to 3,824.14. The Dow Jones Industrial Average fell 10.88 points, or less than 0.1%,...

Stocks Headed for
Worst Year Since 2008

Dec 30, 2022 6:37 AM CST

Stocks Headed for Worst Year Since 2008

The picture is even worse for cryptocurrencies

(Newser) - Friday is the last trading day in a year many on Wall Street will be glad to see the last of. Stock futures fell overnight, leaving major indexes on course for their worst year since 2008, CNBC reports. The S&P 500 dropped 19.24% in 2022, the Nasdaq plunged...