S&P 500

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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...

Stocks Break Losing Streak
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
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

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...

Southwest Stock Slides for a 2nd Day
Southwest Stock
Slides for a 2nd Day
MARKETS
Dec 28, 2022 3:50 PM CST

Southwest Stock Slides for a 2nd Day

S&P 500 is headed for its worst year since 2008

(Newser) - A broad slide for stocks added to Wall Street's recent losses Wednesday, as investors count down to the end of the worst year for the S&P 500 since 2008. The S&P 500 fell 1.2%, with technology, energy, and industrial stocks among the biggest weights on the...

Tesla Slides 11.4% for Biggest Decline in S&P 500

Shanghai production issues add to automaker's woes

(Newser) - Stocks closed lower Tuesday, adding to the market's recent losses as Wall Street counts down its final days of a painful year for investors. A slide in technology companies, automakers, and airlines weighed on the market, offsetting gains in energy stocks and other sectors, the AP reports. News that...

Nike Surges 12.2% After Results Beat Expectations

Consumer confidence report gives markets a boost

(Newser) - Stocks rose on Wall Street Wednesday, lifting major indexes into the green for the week as investors welcomed a report showing consumer confidence is holding up better than expected. That’s despite the Federal Reserve’s campaign to fight inflation by reining in the economy with sharp increases in interest...

Surprise Japan Move Rattles Bond Markets
Surprise Japan Move
Rattles Bond Markets
MARKETS
Dec 20, 2022 3:50 PM CST

Surprise Japan Move Rattles Bond Markets

Tesla stock is on course for its worst-ever month

(Newser) - Stocks closed modestly higher on Wall Street Tuesday, while bond markets around the world felt pain after a surprise move from Japan’s central bank cranked the pressure even higher on the already slowing global economy. The S&P 500 rose 3.96 points, or 0.1%, to 3,821....

Stocks Drop as Investors Brace for Higher Rates
Meta Drops 4.1% After
Antitrust Accusation
MARKETS
Dec 19, 2022 3:50 PM CST

Meta Drops 4.1% After Antitrust Accusation

EU accuses Facebook's parent company of distorting competition in online ads

(Newser) - Stocks closed lower on Wall Street as investors brace for higher interest rates from central banks to fight inflation. The S&P 500 fell 34.70 points Monday, or 0.9%, to 3,817.66. The Dow Jones Industrial Average fell 162.92 points, or 0.5%, to 32,757....

Stocks Slump After Fed Disappoints Investors
Stocks Slump After Fed
Disappoints Investors
MARKETS
Dec 14, 2022 4:08 PM CST

Stocks Slump After Fed Disappoints Investors

Interest rates will stay higher than markets had expected

(Newser) - Stocks ended lower in bumpy trading on Wall Street after the Federal Reserve raised its benchmark interest rate in its fight against inflation and signaled that more hikes lay ahead. As expected, the central bank raised its key short-term rate by half a percentage point Wednesday, marking its seventh increase...

Stocks Rise After Report Suggests Worst of Inflation Is Over

Moderna jumped 19.6% after delivering good news on skin cancer vaccine

(Newser) - Stocks closed higher on Wall Street Tuesday after the government reported that inflation cooled more than expected last month, cementing expectations that the Federal Reserve is about to dial down the size of its interest rate hikes. The Fed is widely expected to raise its benchmark rate a half-point Wednesday,...

Dow Jumps 529 Points Ahead of Interest Rate Hikes

Investors are predicting smaller rate hike from the Fed this week

(Newser) - Stocks closed higher on Wall Street Monday at the start of a busy week in which central banks are likely to unload the year’s final barrage of interest rate hikes meant to drive down painfully high inflation. The S&P 500 rose 56.18 points, or 1.4%, to...

Carvana Plunges 43% Amid Bankruptcy Fears
Carvana Plummets 43%
MARKETS
Dec 7, 2022 3:34 PM CST

Carvana Plummets 43%

Analysts say used vehicle chain's bankruptcy risk is rising

(Newser) - More weakness in tech stocks sent Wall Street mostly lower after another day of wobbly trading Wednesday. The S&P 500 fell 7.34 points, or 0.2%, to 3,933.92. The Dow Jones Industrial Average rose 1.58 points, or less than 0.1%, to 33,597.92....

Stocks Extend Losses as Traders Eye Fed&#39;s Next Movies
Disney, Apple Drop as
Stocks Extend Losses
MARKETS
Dec 6, 2022 4:05 PM CST

Disney, Apple Drop as Stocks Extend Losses

Indexes are headed for a weekly loss as traders eye Fed's next moves

(Newser) - Stocks closed broadly lower on Wall Street Tuesday, extending the market's recent string of losses, as traders ponder the Federal Reserve’s next moves in its campaign to cool stubbornly hot inflation. Roughly 80% of stocks in the S&P 500 fell, leaving the benchmark index down 57.58...

Dow Drops 483 Points After Surprisingly Strong Economic Report

Growth in services sector could lead to more Fed rate hikes

(Newser) - Stocks closed lower on Wall Street, and Treasury yields rose Monday after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation. The S&P 500 fell 72.86 points, or 1.8%, to 3,998.84. The Dow Jones Industrial Average fell 482.78 points, or...

Dow Jumps 737 Points After Fed Chair&#39;s Remarks
Dow Jumps 737 Points
After Fed Chair's Remarks
MARKETS
Nov 30, 2022 3:49 PM CST

Dow Jumps 737 Points After Fed Chair's Remarks

Powell says rate hikes likely to slow down

(Newser) - Stocks rallied on Wall Street and major indexes ended November with their second straight month of gains after the head of the Federal Reserve said the central bank could soon ease up on its aggressive pace of interest rate hikes aimed at taming inflation. The S&P 500 rose 122....

Major Indexes Flat as Investors Watch China Developments

Dow closed just barely in the green

(Newser) - Stocks ended an unsteady day with mixed results as gains for energy companies were offset by losses in technology and other sectors. Trading was uneven Tuesday as investors closely watched developments in China and economic data amid worries about stubbornly hot inflation. The S&P 500 fell 6.31 points,...

Dow Drops 498 Points Amid Worries About Fallout From China Protests

Tech stocks were the biggest weight on the market

(Newser) - Stocks fell broadly on Wall Street Monday as protests spread in China calling for President Xi Jinping to step down amid growing anger over severe restrictions imposed as part of his "zero COVID" strategy in the world’s second-largest economy. The S&P 500 fell 62.18 points, or...

Retailers Were Big Winners on Wall Street Tuesday

Best Buy jumps 12.7% after strong earnings reports

(Newser) - Stocks rose on Wall Street and solid earnings helped jolt a mix of retailers higher ahead of the Thanksgiving holiday. The S&P 500 rose 53.64 points, or 1.4%, to 4,003.58 Tuesday. The Dow Jones Industrial Average rose 397.82 points, or 1.2%, to 34,...

Target, Other Retailers Weigh Down Markets
Target, Other Retailers
Weigh Down Markets
MARKETS
Nov 16, 2022 3:52 PM CST

Target, Other Retailers Weigh Down Markets

Target drops 13.1% after dismal financial report

(Newser) - Wall Street closed lower on Wednesay as hefty drops in retailers and technology companies offset gains elsewhere in the market. The S&P 500 fell 32.94 points, or 0.8%, to 3,958.79. The Dow Jones Industrial Average fell 39.09 points, or 0.1%, to 33,553....

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