Dow Jones

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Dow Hitting 20K May Prove &#39;Meaningless&#39;
Dow Hitting 20K May 
Prove 'Meaningless'
THE RUNDOWN
Jan 26, 2017 12:39 PM CST

Dow Hitting 20K May Prove 'Meaningless'

Some experts say there's a lot of unwarranted hype over the milestone

(Newser) - On Wednesday, the Dow Jones industrial average closed above 20,000 for the first time since it was established in 1896 , leading to much fanfare … and just as much skepticism about the milestone's significance. Quartz , for example, calls hitting this benchmark "meaningless," offering a mathematical illustration—...

Dow Closes Above 20K for First Time
Dow Closes Above
20K for First Time
Jan 25, 2017 3:14 PM CST

Dow Closes Above 20K for First Time

S&P 500, Nasdaq also close higher

(Newser) - The Dow Jones industrial average closed above 20,000 points for the first time, the latest milestone in a record-setting drive for the stock market, the AP reports. It's been two months since the Dow crossed 19,000 points. Other major US indexes also closed at all-time highs Wednesday....

Dow Reaches 20K for the First Time
Dow Reaches 20K
for the First Time
Jan 25, 2017 8:40 AM CST

Dow Reaches 20K for the First Time

Stock market hits a milestone

(Newser) - It's stock market history: The Dow Jones industrial average eclipsed 20,000 for the first time Wednesday, triggering cheers from the floor of the New York Stock Exchange, reports the AP . The Dow hit the mark upon opening for the day. The Wall Street Journal notes that the Dow...

S&P 500, Nasdaq Set New Closing Highs

But the Dow Jones couldn't quite reach 20,000

(Newser) - An afternoon buying drive on Wall Street sent the Standard & Poor's 500 index and the Nasdaq composite to all-time highs, the AP reports. The Dow Jones industrial average also rose Tuesday but not as much, leaving it short of a record and below the 20,000 mark it...

Markets End the Day Lower
Markets End the Day Lower
Jan 23, 2017 3:11 PM CST

Markets End the Day Lower

Dow falls 27

(Newser) - Stocks are ending slightly lower on Wall Street as energy companies slide along with the price of crude oil, the AP reports. Oil rig operator Transocean slumped 3.6% Monday. Chipmaker Qualcomm plunged 12.7% after Apple said it was suing the company in a patent fight. High-dividend stocks did...

Markets Close Higher on Inauguration Day

Dow breaks 5-day losing streak

(Newser) - Stocks are ending higher, recouping much of the market's loss from a day earlier and breaking a 5-day losing streak for the Dow Jones industrial average, the AP reports. Traders were keeping a close eye on the inauguration of Donald Trump as US president and on corporate earnings. Materials...

Dow Ends Day Down 72
Dow Ends Day Down 72
Jan 19, 2017 3:11 PM CST

Dow Ends Day Down 72

Nasdaq, S&P 500 also close lower

(Newser) - Stocks ended slightly lower on Wall Street, pushing the Dow Jones industrial average to its fifth loss in a row, the AP reports. Utilities and real estate companies fell the most on Thursday. Those high-dividend sectors have the most to lose from rising bond yields, which give investors other options...

Markets End Day Little Changed
Markets End Day Little Changed
Jan 18, 2017 3:11 PM CST

Markets End Day Little Changed

Dow falls 22

(Newser) - Stocks ended little changed as a stretch of listless trading continues, the AP reports. Bond yields and the dollar resumed their moves higher Wednesday. Steel maker Nucor gained 3.7% and Fastenal, which sells nuts, bolts, and other equipment, jumped 5.8% after turning in a strong earnings report. Retailers...

Dow Ends Day Down 58
Dow Ends Day Down 58
Jan 17, 2017 3:07 PM CST

Dow Ends Day Down 58

Its third loss in a row

(Newser) - Stocks are ending slightly lower on Wall Street, led by declines in banks and industrial companies, the AP reports. Comerica fell 6.5% Tuesday and Citizens Financial lost 6%. The dollar fell sharply against the pound after Prime Minister Theresa May acknowledged for the first time that Britain's Parliament...

Nasdaq Again Sets a Record
Nasdaq Again Sets a Record
MARKETS
Jan 13, 2017 3:11 PM CST

Nasdaq Again Sets a Record

Dow slips 5

(Newser) - Gains in bank stocks left indexes mostly higher on Wall Street, the AP reports. The Nasdaq composite set another all-time high Friday even as the Dow Jones industrial average edged lower. JPMorgan Chase and Bank of America rose about 0.5% and Wells Fargo rose 1.5% after reporting earnings...

Dow Ends Day Down 63
Dow Ends Day Down  63
Jan 12, 2017 3:11 PM CST

Dow Ends Day Down 63

Nasdaq's weeklong winning streak ends

(Newser) - Bank stocks led a decline on Wall Street, wiping out much of the market's gains from a day earlier, the AP reports. Banks were hurt by a drop in bond yields Thursday, which will lower interest rates on loans and squeeze banks' profits. Zions Bancorporation lost 2.2%. Energy...

Nasdaq Has Risen Every Day This Year
Nasdaq Has Risen
Every Day This Year
MARKETS
Jan 11, 2017 3:15 PM CST

Nasdaq Has Risen Every Day This Year

Dow ends day up 98

(Newser) - The stock market ended an up-and-down day with solid gains, led by energy companies as the price of crude oil climbed, the AP reports. Transocean, an oil rig operator, rose 4% Wednesday. Health care stocks fell after President-elect Donald Trump said the government needs to overhaul how it buys drugs...

Nasdaq Closes at All-Time High
Nasdaq Closes at All-Time High
MARKETS
Jan 9, 2017 3:04 PM CST

Nasdaq Closes at All-Time High

Dow Jones, S&P 500 fall

(Newser) - Major US stock indexes closed mostly lower on Wall Street, led by energy companies, but gains in the health care and technology sectors edged the Nasdaq composite to another all-time high, the AP reports. Oil and gas companies clocked losses as the prices of energy futures fell. Rig operator Transocean...

Dow Comes Within Half a Point of 20K
Dow Comes Within
Half a Point of 20K
MARKETS
Jan 6, 2017 3:16 PM CST

Dow Comes Within Half a Point of 20K

S&P 500, Nasdaq close at record highs

(Newser) - The Dow Jones industrial average came within half a point of 20,000 but closed below that milestone as an afternoon rally lost momentum, the AP reports. The gains Friday did push two other major indexes, the Standard & Poor's 500 index and the Nasdaq composite, to all-time highs....

Dow Ends Day Down 42
Dow Ends Day Down 42
MARKETS
Jan 5, 2017 3:16 PM CST

Dow Ends Day Down 42

It had been down as much as 131 points earlier

(Newser) - Banks are leading major US stock indexes mostly lower as bond yields slide, the AP reports. Wells Fargo slumped 1.6% Thursday and Bank of America gave back 1.2%. Department stores and mall operators took steep losses after Kohl's and Macy's reported weak holiday-season results and cut...

Markets Close With Solid Gains
Markets Close With Solid Gains
Jan 4, 2017 3:16 PM CST

Markets Close With Solid Gains

S&P 500 comes close to record high

(Newser) - Major US stock indexes are closing with solid gains, bringing the Standard & Poor's 500 and another key index just short of setting all-time highs, the AP reports. Companies that make basic materials and consumer-focused stocks like retailers posted the biggest gains Wednesday. Automakers Ford and General Motors each...

Markets Usher In 2017 With Broad Gains

Dow ends day up 119

(Newser) - US stocks broke a three-day losing streak Tuesday and ushered in the new year with broad gains, the AP reports. Health care stocks, which struggled for most of last year, climbed higher. The Dow Jones industrial average climbed 119.16 points, or 0.6%, to 19,881.76. The Standard...

Stocks End a Strong Year
Stocks End a Strong Year
MARKETS
Dec 30, 2016 3:11 PM CST

Stocks End a Strong Year

Though the last day of trading for the year closes on a soft note

(Newser) - US stocks are closing out a solid year following a flat 2015, the AP reports. Indexes ended the last week of 2016 on a soft note, slipping in quiet trading Friday ahead of the New Year's Day weekend. For the year, the Standard & Poor's 500 index climbed...

Markets End Day Lower
Markets End Day Lower
Dec 29, 2016 3:08 PM CST

Markets End Day Lower

Dow slips 13

(Newser) - Major US stock indexes ended slightly lower, led by declines in banks and energy stocks, the AP reports. High-dividend stocks like utilities, real estate investment trusts and phone companies rose Thursday as bond yields fell. Sears jumped 10% after the struggling retailer said it had secured a new line of...

Markets End the Day Higher
Markets End the Day Higher
Dec 27, 2016 3:11 PM CST

Markets End the Day Higher

Dow nears 20K

(Newser) - Stocks are closing slightly higher in quiet trading on Wall Street, edging the Dow Jones industrial average closer to 20,000, the AP reports. The gains were broad Tuesday, with materials and technology leading the way. Energy stocks also rose as the price of crude oil moved higher. Bond yields...

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