stock market

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Dow Ends Day Down 40

S&P 500, Nasdaq also slip

(Newser) - Stocks ended slightly lower on Wall Street, narrowly missing a fourth record high close this week for the Nasdaq composite index, the AP reports. Phone companies fell the most Friday. Verizon sank 1.6%. Magazine publisher Time Inc. plunged 17% after saying it decided not to pursue a sale of... More »

Nasdaq Closes at Another Record High

S&P 500, Dow Jones also close higher

(Newser) - US stock indexes ended mostly higher on Wall Street, enough to mark another record high close for the Nasdaq composite, the AP reports. Major indexes spent most of the day wavering between small gains and losses Thursday, then wound up with modest gains. Energy companies slumped along with the price... More »

Trump Tax Plan Announcement Wipes Out Early Market Gains

US indexes closed nearly unchanged Wednesday

(Newser) - Stocks closed nearly unchanged as early gains evaporated following the White House's announcement about its tax policy proposals, the AP reports. Corporate earnings were also in focus Wednesday. Overall more stocks rose than fell. Health care companies gained more than the rest of the market. Health insurer Anthem gained... More »

Nasdaq Cracks 6,000 Points for 1st Time Ever

And strong company earnings powered stock gains Tuesday

(Newser) - Stocks closed higher on Wall Street after several big companies reported solid earnings, the AP reports. The gains Tuesday were enough to send the Nasdaq composite index above 6,000 points for the first time. Materials and energy companies rose more than the rest of the market. Caterpillar rose 7.... More »

Dow Ends Day Up 216

Nasdaq hits new record

(Newser) - US stocks joined a worldwide rally after results from the first round of France's presidential election raised expectations that the European Union and euro currency will hold together, the AP reports. Banks and industrial companies led the way higher in US markets Monday. Bank of America jumped 4.1%.... More »

Banks, Phone Companies Drag Stock Market Lower

And one toy maker took a nosedive

(Newser) - The stock market closed slightly lower led by declines in phone companies, banks, and health care providers, the AP reports. Verizon slumped 2.3% Friday, while Bank of America lost 1.6%. In earnings news, Mattel nosedived 13.6% after the struggling toy maker reported a big drop in sales. More »

Stocks Close High on Strength of Banks, Industry

Nasdaq closes at all-time high

(Newser) - Stocks closed solidly higher as investors found plenty to like in the latest earnings reports from financial and industrial companies, the AP reports. Transportation companies did especially well Thursday. Railroad operator CSX jumped 5.6% after releasing surprisingly strong earnings. Makers of basic materials also rose. Paint and coatings maker... More »

Stocks End Lower After Drop in Price of Oil

A weak showing by IBM didn't help

(Newser) - Stocks gave up an early gain and closed mostly lower after a sharp drop in the price of crude oil dragged energy companies down, the AP reports. A weak showing by IBM also weighed on technology stocks Wednesday and tugged the Dow Jones industrial average lower. IBM slumped 4.9%... More »

Health Care, Banks Lead US Stocks Lower

Goldman Sachs fell 4.7%

(Newser) - Stocks closed lower on Wall Street as poor results from Johnson & Johnson, Goldman Sachs, and other companies put a damper on buying, the AP reports. Johnson & Johnson lost 3.1% Tuesday, and drugmaker Cardinal Health slumped 11.5%. Goldman Sachs fell 4.7% after reporting a rare miss... More »

Dow Ends Day Up 183

Market sees biggest gain in 6 weeks

(Newser) - Stocks are closing broadly higher on Wall Street, giving the market its biggest gain in six weeks, the AP reports. Banks posted some of the biggest gains Monday. Wells Fargo jumped 2.7%. Among consumer-focused stocks, Amazon.com gained 2%. Medical device maker Alere soared 16% after it agreed to... More »

Dow Ends Day Down 138

S&P 500, Nasdaq also close lower

(Newser) - Energy stocks led a broad decline on Wall Street, giving the market its third loss in a row, the AP reports. Financial stocks also dropped Thursday. Wells Fargo gave up 3.3% after Warren Buffett's Berkshire Hathaway said it was selling some of its stake for regulatory reasons. Pier... More »

Markets Dip in Light Trading

Dow was down 59 points

(Newser) - Industrial companies led US stocks modestly lower on Wall Street Wednesday, per the AP . General Electric, for example, fell 1%. Consumer goods makers bucked the downward trend and moved higher: PepsiCo gained 1.7%. Trading was generally subdued ahead of the Easter holiday weekend. The Standard & Poor's 500... More »

Dow Ends Day Down 88

S&P 500, Nasdaq also close lower

(Newser) - Stocks ended up little changed on Wall Street as gains in real estate and industrial companies were canceled out by losses in technology and other sectors, the AP reports. RetailMeNot soared 48% Tuesday after the online coupon company agreed to be acquired by payment and marketing company Harland Clark Holdings.... More »

Markets End Day Higher

Led by gains in energy companies

(Newser) - US stock indexes closed barely higher, led by gains in energy companies as the price of crude oil rose for the fifth day in a row, the AP reports. Hess jumped 4% Monday and rig operator Transocean increased 2.6%. Phone companies were the biggest laggard Monday. AT&T lost... More »

Markets End Day Little Changed

Dow dips 6

(Newser) - After wavering up and down all day, US stock indexes wound up pretty much where they started, the AP reports. US missile strikes in Syria and news Friday of a slowdown in hiring last month left investors with little interest in making big moves in the market, with a handful... More »

Tiny Gains for US Stocks After Bumpy Day of Trading

Energy and banks led the way

(Newser) - US stocks managed to end with tiny gains after a bumpy day of trading, the AP reports. Energy companies rose Thursday along with the price of crude oil, and banks also headed higher. Devon Energy climbed 3.3%, while KeyCorp increased 1.9%. High-dividend stocks like phone companies and utilities... More »

Dow Ends Day Down 41

Markets close lower after the Fed indicates it could start reducing its bond holdings

(Newser) - Stocks gave up an early gain and ended lower on Wall Street after the Federal Reserve indicated it could start reducing its bond holdings, the AP reports. Banks led the declines Wednesday. JPMorgan Chase lost 1.3%. The market had been broadly higher most of the day but started to... More »

Gains by Energy Stocks Evened Out by Losses Elsewhere

Stocks end day little changed on Wall Street

(Newser) - Stocks closed little changed on Wall Street as gains in energy companies were canceled out by losses in banks and other parts of the market, the AP reports. Oil and gas companies benefited from broad increases in energy prices. Chesapeake Energy jumped 6.8% and Range Resources rose 4.2%.... More »

Dow Ends Day Down 13

S&P 500, Nasdaq also close lower

(Newser) - US stocks started the second quarter with a thud Monday after car makers reported disappointing March sales, a possible warning about other types of spending. But a late rally helped stocks escape bigger losses, the AP reports. On Monday the Standard & Poor's 500 index slipped 3.88 points,... More »

Market Closes Out Quarter on a Soft Note

Dow loses 65 points

(Newser) - The stock market is closing out a solid quarter on a soft note, the AP reports. The Dow Jones industrials ended lower Friday, dragged down by a drop in Exxon Mobil, but small-company stocks posted modest gains. The Nasdaq composite was higher most of the day but a late-day slide... More »

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