stock market

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Dow Closes at Record High
Dow Hits a New Record High
MARKETS
Aug 26, 2024 3:46 PM CDT

Dow Hits a New Record High

But losses for Big Tech dragged Nasdaq, S&P 500 down

(Newser) - The Dow Jones Industrial Average closed at a record high on Wall Street Monday, even as losses for Big Tech companies pulled the S&P 500 and the Nasdaq composite lower.
  • The Dow rose 65.44 points, or 0.2%, to 41,240.52, enough to beat the all-time high
...

Wall Street Rallies After Powell's Interest Rate Remarks

Stocks approach their records in widespread increases

(Newser) - US stocks rallied close to their records Friday after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy.
  • The S&P 500 rose 63.97 points, or 1.1%,
...

Wall Street Takes a Breather, Awaits Powell's Words

All the major indexes fell ahead of speech by the Fed chair on Friday

(Newser) - Stocks slipped on Thursday as Wall Street counts down to its main event for the week—a speech by Federal Reserve Chair Jerome Powell coming on Friday.
  • The S&P 500 fell 50 points, or 0.8%, to 5,570.
  • The Dow fell 177 points, or 0.4%, to 40,
...

Stocks Rise After Retailers Beat Expectations
Target Jumps 11.3%
After Beating Expectations
MARKETS
Aug 21, 2024 3:40 PM CDT

Target Jumps 11.3% After Beating Expectations

But Macy's was on the losing side with 12.9% drop

(Newser) - US stocks closed higher Wednesday after more big companies delivered profit reports that topped analysts' expectations.
  • The S&P 500 rose 23.73 points, or 0.4%, to 5,620.85.
  • The Dow Jones Industrial Average rose 55.52 points, or 0.1%, to 40,890.49.
  • The Nasdaq composite
...

Stocks Snap 8-Day Winning Streak
Stocks Snap
8-Day Winning Streak
MARKETS
Aug 20, 2024 3:29 PM CDT

Stocks Snap 8-Day Winning Streak

7.2% rise for Palo Alto Networks was one of the bright spots

(Newser) - Stocks ticked lower Tuesday and snapped an eight-day winning streak, the longest of the year.
  • The S&P 500 fell 11.13 points, or 0.2%. to 5,597.12, but it's still just 1.2% below its all-time high set last month.
  • The Dow Jones Industrial Average slipped
...

Stocks Rise as Markets Await Fed Chief's Remarks

Jerome Powell expected to give hints on rate cuts in Friday speech

(Newser) - Stocks closed higher on Monday, tacking on some more gains following Wall Street's best week of the year.
  • The S&P 500 rose 54.00 points to 5,608.25 for its eighth straight gain, coming within 1% of the all-time high it reached last month.
  • The Dow Jones
...

Wall Street Wraps Up Its Best Week of the Year
Wall Street Wraps Up
Its Best Week of the Year
MARKETS
Aug 16, 2024 3:30 PM CDT

Wall Street Wraps Up Its Best Week of the Year

(Newser) - Wall Street on Friday coasted to the close of its best week since November:
  • The Dow rose 96 points, or 0.2%, to 40,659
  • The S&P 500 rose 11 points, or 0.2%, to 5,554.
  • The Nasdaq rose 37 points, or 0.2%, to 17,631.
  • For
...

Dow Rises Over 550 Points as Optimism Grows
Dow Rises Over 550 Points
as Optimism Grows
MARKETS
Aug 15, 2024 3:15 PM CDT

Dow Rises Over 550 Points as Optimism Grows

Nasdaq gains more than 2%

(Newser) - Wall Street rallied to one of its best days of the year on Thursday following signals that the economy is holding up better than expected, per the AP .
  • The S&P 500 rose 88 points, or 1.6%, to 5,543.
  • The Dow rose 554 points, or 1.3%, to
...

Latest Inflation Data Sends Stocks Higher
Latest Inflation Data
Sends Stocks Higher
MARKETS
Aug 14, 2024 3:36 PM CDT

Latest Inflation Data Sends Stocks Higher

Dow rises above 40K again

(Newser) - Wall Street ticked higher Wednesday after the latest update on inflation came in almost exactly as economists expected.
  • The S&P 500 rose 20.78 points, or 0.4%, to 5,455.21.
  • The Dow Jones Industrial Average rose 242.75 points, or 0.6%, to 40,008.39.
  • The
...

Wall Street Just Had One of Its Best Days of the Year

Starbucks jumps 24.5% after naming new CEO

(Newser) - US stocks rose to one of their best days of the year on Tuesday as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected.
  • The S&P 500 rose 90.04 points, or 1.7%, to 5,434.
...

Big Jump for Nvidia Offsets Wall Street's Losses

Traders are waiting for reports on inflation, consumer spending

(Newser) - Wall Street closed mixed on Monday after drifting through a quiet day of trading, as markets around the world stabilized following a wild week.
  • The S&P 500 rose 0.23 points, or less than 0.1%, to 5,344.39.
  • The Dow Jones Industrial Average fell 140.53 points,
...

Wall Street Has Its Best Day Since 2022
Wall Street Has Its
Best Day Since 2022
MARKETS
Aug 8, 2024 3:09 PM CDT

Wall Street Has Its Best Day Since 2022

S&P 500 jumps more than 2%

(Newser) - US stocks rallied to their best day since 2022 following an encouraging update on the job market. And, yes, this is just days after the market had its worst day since 2022:
  • The S&P 500 jumped 119 points, or 2.3%, to 5,319.
  • The Dow rose 683 points,
...

Wall Street&#39;s Morning Rally Evaporates
Super Micro Computer,
Airbnb Drop Sharply
MARKETS
Aug 7, 2024 3:37 PM CDT

Super Micro Computer, Airbnb Drop Sharply

Indexes closed lower after morning rally fizzled

(Newser) - Wall Street slumped on Wednesday after a morning rally evaporated, but the losses weren't as bad as the manic moves that wracked markets worldwide over the last week.
  • The S&P 500 fell 40.53 points, or 0.8%, to 5,199.50.
  • The Dow Jones Industrial Average fell
...

Wall Street Bounces Back From Monday's Sell-Off

Strong profit reports boosted the market

(Newser) - Stocks closed higher on Wall Street Tuesday as calm returned to the market a day after its biggest pullback in almost two years .
  • The S&P 500 rose 53.70 points, or 1%, to 5,240.03, breaking a brutal three-day losing streak.
  • The Dow Jones Industrial Average rose 294.
...

Trump's New Line of Attack on Harris: the Stock Market

'Kamala Crash' slogan is seen as both superficial and potentially effective

(Newser) - Donald Trump and his campaign didn't waste time in coming up with a term for Monday's market sell-off —the "Kamala Crash." Trump sought to blame VP Kamala Harris for the rough economic day in a series of social media posts using that phrase, and he...

Stock Market Chaos Appears to Cool Off

US markets poised to open in positive territory, and Japan had a huge rebound

(Newser) - The US stock market's steep plunge on Monday does not appear to be carrying over into Tuesday, at least for the moment. World markets also rebounded:
  • In the US: Futures for the American market were rising modestly a few hours ahead of trading—Dow futures were up 0.3%,
...

Dow Falls More Than 1K on Wall St.'s Worst Day Since 2022

Sell-off sparked by fears about US economy

(Newser) - Wall Street fell the most in nearly two years on Monday, continuing a global rout in financial markets, as fear worsens that the US economy is slowing down.
  • The S&P 500 fell 160.23 points, or 3%, to 5,186.33.
  • The Dow Jones Industrial Average fell 1,033.
...

Stock Market Plunges 4% Amid Recession Fears

Investors fear the US is headed toward recession

(Newser) - Don't peek at the 401(k) on Monday. To say the stock market opened in negative territory would be an understatement. In the opening minutes after the opening bell, the benchmark S&P 500 fell 4%; the Dow plunged more than 1,100 points, or nearly 3%; and the tech-focused...

Financial Contagion Slams World Markets

Japan's index has worst day since 1987 crash, and Dow futures are down 800 points

(Newser) - The stock market ended last week in rough shape thanks to renewed fears of a US recession . Things appear to be getting worse Monday, with Dow futures plunging and world markets in similar shape:
  • In the US: Dow futures dropped more than 800 points, or 2%, reports CNBC . Futures for
...

Economic Red Flags Weigh Down Wall Street
Economic Red Flags
Weigh Down Wall Street
MARKETS
Aug 2, 2024 3:18 PM CDT

Economic Red Flags Weigh Down Wall Street

Dow falls more than 600 points after weak jobs report

(Newser) - A weak jobs report put Wall Street on shaky footing Friday morning, and while things improved in the afternoon, it still ended up being a rough day all around:
  • The Dow fell 610 points, or 1.5%, to 39,737.
  • The S&P 500 fell 100 points, or 1.8%,
...

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