stock market

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Stocks Tick Slightly Higher

Dow slips, but S&P 500, Nasdaq close slightly higher

(Newser) - Stocks ticked higher as energy companies clawed back some of their sharp losses from earlier in the week, the AP reports. After getting off to a slow start, the Standard & Poor's 500 index finished with a modest gain Friday, leaving it slightly higher for the week. Energy companies... More »

Market Ends Day Close to Flat

Dow falls 12

(Newser) - Solid gains in health care companies made up for losses in other sectors, leaving the market close to flat by the end of trading, the AP reports. Health care stocks continued a strong recent run Thursday after the Senate released its proposal to revamp how Americans get medical care. Gilead... More »

Dow Ends Day Down 57

But Nasdaq closes higher

(Newser) - Another dive in energy stocks offset gains for health care and technology companies, leaving major US indexes mostly lower, the AP reports. Bond yields held steady Wednesday, while stocks in mainland China got a small boost after they got the OK to join a widely followed index of emerging-market stocks.... More »

Dow Ends Day Down 61

Drop in oil price sinks energy stocks

(Newser) - Another drop in crude oil prices helped bring energy stocks lower, bringing the market back from the record highs it set a day earlier, the AP reports. The price of crude touched its lowest level of the year Tuesday. Transocean sank 4.2% and Marathon Oil lost 3.4%. Retailers... More »

S&P 500, Dow Close at All-Time Highs

Dow adds 144 points

(Newser) - Big gains in technology companies sent major US stock indexes to more record high closes on Wall Street, the AP reports. Apple, already the world's most valuable publicly traded company, added another 2.9% Monday. Google's parent company Alphabet rose 1.7%. Health care companies and banks also... More »

Amazon Deal Sends Grocery Stocks Plunging

But Dow ends day at a record high close

(Newser) - Amazon's $13.4 billion deal for Whole Foods sent grocery stores, big retailers, and food makers and distributors plunging Friday, the AP reports. It's rare for a single deal to have a big effect on the broader stock market, but Amazon's agreement to buy Whole Foods Market... More »

Tech Stocks Drag Markets Lower

Dow ends day down 14

(Newser) - Stocks are ending modestly lower on Wall Street, dragged down by declines in technology and materials companies, the AP reports. Apple and Microsoft each fell about 0.5% Thursday. The technology sector is still far outpacing the rest of the market this year. Retailers also did poorly. Supermarket chain Kroger... More »

Weak Retail Report Sends Stocks Mostly Lower

But the Dow hit another record high

(Newser) - Stocks closed mostly lower on Wall Street after a weak report on retail sales got investors worried about the economy, the AP reports. Small-company stocks fell more than the rest of the market Wednesday. High-dividend sectors like consumer goods makers and utilities gained as investors shifted money into lower-risk investments.... More »

Dow, S&P 500 Close at Record Highs

Nasdaq also closes higher

(Newser) - A recovery in technology stocks after a two-day slump sent major US stock indexes to record highs on Wall Street, the AP reports. Facebook rose 1.5% Tuesday, and Alphabet, Google's parent company, rose 0.9%. Tech stocks, which have far outpaced the market this year, slumped on Friday... More »

Tech Slump Drags Stocks Lower

Dow ends day down 36

(Newser) - Technology stocks continued to slump, pulling the broader market lower, the AP reports. Netflix, Apple, and Amazon all fell sharply on Monday. Tech has been far outpacing the rest of the market this year. Energy and phone companies, which have lagged the market, rose. Verizon climbed 1% and AT&T... More »

Dow Closes at Record High

But S&P 500, Nasdaq end lower

(Newser) - Technology stocks slumped on Wall Street but energy companies and banks rose sharply, leaving indexes uneven at the close of trading, the AP reports. The Dow Jones industrial average managed to close at another record high Friday, thanks to gains in Goldman Sachs and Chevron, which made up for a... More »

Meet the Man Who Kills Stock Values for Fun and Profit

If Andrew Left writes about a company, its stock drops 10% on average

(Newser) - Andrew Left made $280,000 in two hours by short-selling stock in a Chinese real estate company, then publishing claims the company was committing accounting fraud. Shortly after the 2016 election, Left issued a series of tweets about a company called Express Scripts, accusing it of inflating drug prices; the... More »

Banks Lead US Stocks Slightly Higher

Dow edges up 8 points

(Newser) - Banks led stocks slightly higher on Wall Street as lawmakers moved to undo stricter regulations placed on banks following the 2008 financial crisis, the AP reports. The Nasdaq closed at another record high Thursday. Utilities and consumer goods companies were among the biggest decliners. Troubled department store operator Nordstrom soared... More »

Markets End Day Higher

Dow rises 37 points

(Newser) - US stock indexes closed slightly higher Wednesday as gains in banks were partly outweighed by a slump in energy companies, the AP reports. Technology stocks also rose. Retailer Duluth Holdings slumped after reporting disappointing earnings. Crude oil prices fell sharply following an unexpected buildup in supplies last week. That helped... More »

Slumping Retailers Lead US Stocks Lower

Dow ends day down 47

(Newser) - Disappointing results from several retailers led US stock indexes lower on Wall Street, the AP reports. Macy's fell sharply Tuesday after warning that its profit margins could be weaker than the company had forecast earlier. Michael's, Conn's, Casey's General Stores and Fred's also dropped. Banks... More »

Markets End the Day Lower

Stocks slipped downward from record highs

(Newser) - Stocks are closing slightly lower on Wall Street as the market pulls back from record highs set late last week, the AP reports. Utilities and materials companies posted some of the biggest losses Monday. Paint maker Sherwin-Williams lost 0.9%. Technology companies and banks bucked the downward trend. Google parent... More »

Stocks Close at Record Highs, but It's Not All Good News

Dollar goes lower, bond yields are at lowest level of year

(Newser) - Stocks are closing at record highs, but a slowdown in hiring last month pushed the dollar lower and sent bond yields to their lowest level of the year, the AP reports. The government said Friday that employers added 138,000 jobs in May. Bond prices rose, sending yields lower. Investors... More »

Stocks Close at All-Time Highs

Dow ends day up 135

(Newser) - Stocks are closing at record highs as investors are encouraged by the latest sign that the job market is improving, the AP reports. Payroll processor ADP said Thursday that private companies added more jobs last month than investors expected. Banks and health care companies posted big gains. Wells Fargo rose... More »

Markets Close Lower for 2nd Consecutive Day

Dow ends day down 20

(Newser) - Stocks closed modestly lower on Wall Street for the second day running, led by declines in banks as investors worry how their trading businesses are doing, the AP reports. Top executives from JPMorgan Chase and Bank of America said Wednesday that trading revenues were declining this quarter as markets remain... More »

Dow Ends Day Down 51

S&P 500, Nasdaq also close lower

(Newser) - Major US stock indexes closed lower as a dip in bond yields hurt banks and energy companies fell with the price of oil, the AP reports. US crude futures fell 0.3% to $49.66 a barrel in New York Tuesday. Devon Energy lost 3.7% and Kinder Morgan fell... More »

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