stock market

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Tech Weakness Pulls Stock Indexes Lower

Dow ends day down 137

(Newser) - Stocks are ending broadly lower on Wall Street led by declines in technology companies, the AP reports. A surprise drop in profits for the Chinese internet giant Tencent Wednesday led to widespread declines for technology stocks. The drop got investors worried about demand for high-tech products as well as economic... More »

US Stocks Rally as Turkish Lira Steadies

Dow ends day up 112

(Newser) - US stocks rallied as banks, retailers, and smaller companies jumped. The gains Tuesday helped the market recover most of its losses over the previous two days, the AP reports. The Turkish lira steadied as officials from Turkey and the US said the countries are in talks to ease diplomatic tensions,... More »

Stocks End Lower Amid Turkey Fears

Dow ends day down 125

(Newser) - Stocks continued to fall as Turkey's central bank was unable to stop another plunge in the nation's currency, the AP reports. Banks and energy companies fell the most on Wall Street Monday. JPMorgan Chase gave up 1.6% and Exxon Mobil fell 1.1%. European and Asian markets... More »

Dow Tumbles Over Tensions With Turkey

Market loses nearly 200 points after US increases tariffs

(Newser) - Stocks in the US and Europe skidded as investors worried about the financial stability of Turkey and how it might affect the global financial system. The Dow Jones Industrial Average fell 196 points, or 0.8%, to 25,313, per the AP . The Nasdaq composite fell 52 points to 7,... More »

Bank, Energy Stocks Crimp the Dow

Index falls 74

(Newser) - Stocks struggled to a mostly lower finish on Wall Street as losses for banks and energy stocks offset gains elsewhere in the market. The Dow Jones Industrial Average fell 74 points, or 0.3%, to 25,509, while the Nasdaq composite rose 3 points to 7,891, and the S&... More »

Dow Rises Another 126

Strong earnings reports help

(Newser) - Solid gains in technology, industrial, and banking stocks sent US indexes higher again on Wall Street. The Dow Jones Industrial Average rose 126 points, or 0.5%, to 25,628 per the AP . The Nasdaq composite climbed 23 points, or 0.3%, to 7,883, and the S&P 500... More »

Tech Stocks Lead US Stocks Broadly Higher

Dow slips, but Nasdaq and S&P 500 end the day higher

(Newser) - US stocks shook off an early stumble and closed broadly higher, led by gains in technology companies as Apple reached $1 trillion in value , the AP reports. Apple jumped 2.9% Thursday, adding to another big gain from a day earlier. On Tuesday the company reported strong earnings and higher... More »

Stocks See Mixed Results Despite Apple Surge

Dow ends day down 81

(Newser) - Stock indexes closed broadly lower on Wall Street even as a surge in Apple's stock moved the company closer to being worth $1 trillion, the AP reports. Apple jumped 5.9% Wednesday, its biggest gain in a year and a half, after saying made more money from iPhone sales... More »

Dow Ends Day Up 108

Stocks rise, breaking 3-day losing streak

(Newser) - Stocks are closing solidly higher on Wall Street, breaking a three-day losing streak for the market, the AP reports. Industrial and health care companies led the gains on Tuesday. 3M and Pfizer each rose 3.5%. Charter Communications jumped 3.6% after reporting a strong quarter. Chip equipment maker KLA-Tencor... More »

Tech Stocks Drag US Indexes Lower

Tech companies see sharp losses for 3rd consecutive day

(Newser) - Technology companies took sharp losses for a third day in a row and US indexes are closing lower, the AP reports. Twitter skidded 8% and Google's parent company Alphabet gave up 1.8%. Technology companies have done far better than the rest of the market for more than a... More »

This Time, Twitter Has the Lousy Stock Day

Shares fall 20% as tech stocks in general sink; Dow falls 76

(Newser) - A slide in technology companies weighed on US stocks, adding to the market's losses from a day earlier. This time, however, it wasn't Facebook getting all the bad news. Twitter plunged 20.5% Friday after the social media network said its monthly users declined in the second quarter.... More »

Facebook Has Worst Day in Stock Market History

Loses more than $100B in value

(Newser) - A steep drop in Facebook pulled technology stocks lower on Wall Street, even as other sectors climbed, the AP reports. Facebook plummeted 19% Thursday after warning of slower growth ahead, erasing about $119 billion in value. It was the worst single-day loss for any public company in stock market history,... More »

Stocks Pop After Reports of US-EU Trade Progress

'Wall Street Journal' says European delegation agrees to work with US on lowering tariffs

(Newser) - Stocks snapped higher in late trading following a report that a European delegation had offered some concessions on trade, the AP reports. Major indexes jumped in the last half-hour of trading Wednesday after a mostly listless day of trading. The late surge came after the Wall Street Journal reported that... More »

Dow Ends Day Up 197

S&P 500 also closes higher, while Nasdaq slips

(Newser) - Stocks are ending mostly higher after several big US companies turned in strong quarterly results, the AP reports. Google's parent company Alphabet climbed 3.9% and Harley-Davidson jumped 7.7%. Drugmaker Biogen rose 4.1%. Appliance maker Whirlpool plunged 14.5% after its results came in well under analysts'... More »

A Mixed Finish for Stocks on Wall Street

Dow slips, while Nasdaq and S&P 500 close higher

(Newser) - Stocks are ending little changed on Wall Street as gains for banks are offset by losses in industrial companies and other sectors, the AP reports. Banks rose Monday as bond yields moved sharply higher. JPMorgan Chase added 1.9%. Industrial companies were broadly lower. Illinois Tool Works slumped 7.2%... More »

Dow Ends With a Dip, Still Gains for the Week

Index slips 6 points

(Newser) - Stocks ended slightly lower on Wall Street Friday but still managed to eke out a small gain for the week. The Dow Jones Industrial Average slipped 6 points to 25,058, per the AP . The Nasdaq composite fell 5 points to 7,820, while the S&P 500 index fell... More »

Banks Weigh on Large-Stock Indexes

Dow falls 134

(Newser) - Banks and other large US stocks fell but smaller companies climbed, making for a mixed finish on Wall Street, the AP reports. Banks fell Thursday as interest rates decreased. Several financial companies including American Express and Bank of New York Mellon dropped after issuing weak second-quarter reports. Comcast rose 2.... More »

Dow Ends Day Up 79

S&P 500 edges down, while Nasdaq slips less than a point

(Newser) - Stocks are ending modestly higher as big gains for transportation and financial companies were partly offset by losses elsewhere, the AP reports. Airline stocks rose sharply Wednesday, led by a 8.8% surge in United Continental after the company reported a huge increase in earnings. Railroad stocks also climbed. CSX... More »

Tech, Health Care Lead Gains for Stocks

Dow ends day up 55

(Newser) - Stocks shook off a weak start and ended higher on Wall Street, led by gains in technology, health care and consumer products companies, the AP reports. Johnson & Johnson added 3.5% Tuesday after reporting a strong quarter thanks to solid growth in its prescription drug business. Technology companies are... More »

Dow Edges Up as Nasdaq, S&P 500 Close Lower

Oil prices drop steeply

(Newser) - Stocks are closing mostly lower on Wall Street as a steep drop in oil prices delivered a blow to energy companies, the AP reports. Hess slumped 4% Monday. Health care and technology companies also fell. Adobe Systems gave up 1.5%. Tribune Media plunged 16.7% after the Federal Communications... More »

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