stock market

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Stocks Slump Over Fears Interest Rates Won't Budge

The Dow fell more than 600 points

(Newser) - Most US stocks slumped Thursday after strong economic reports raised the possibility of interest rates staying painfully high. The AP reports the weakness was widespread and overshadowed another blowout profit report from market heavyweight Nvidia, which closed up 9% at $1,038. The S&P 500 fell 0.7% and...

Target Drops 8% After Disappointing Profit Report

Inflation, interest fears drag indexes down from record highs

(Newser) - US stock indexes pulled back from their records Wednesday as concerns about inflation and high interest rates weighed on the market.
  • The S&P 500 fell 14.40 points, or 0.3%, to 5,307.01. The index hit a record high on Tuesday.
  • The Dow Jones Industrial Average fell
...

It Was a Quiet Day on Wall Street, But Records Were Broken

S&P 500, Nasdaq hit new all-time highs

(Newser) - US stock indexes drifted higher to set more records following another quiet day of trading on Tuesday.
  • The S&P 500 rose 13.28 points, or 0.3%, to 5,321.41, surpassing its record set last week.
  • The Dow Jones Industrial Average rose 66.22 points, or 0.2%,
...

Nasdaq Hits New All-Time High
Nasdaq Hits New All-Time High
MARKETS

Nasdaq Hits New All-Time High

Norwegian Cruise Line steams 7.6% higher

(Newser) - US stock indexes drifted to a mixed finish after a quiet day of trading Monday, and the Nasdaq composite rose to another record.
  • The S&P 500 rose 4.86 points, or 0.1%, to 5,308.13, just short of its all-time high.
  • The Dow Jones Industrial Average fell
...

Dow Stays Above 40K This Time
Dow Stays Above 40K This Time
markets

Dow Stays Above 40K This Time

Reddit jumps 10% after deal, while GameStop and AMC Entertainment drop

(Newser) - The Dow finished a day above the 40,000 level for the first time on Friday as US stock indexes drifted around their records while closing out their latest winning week, the AP reports.
  • The Dow rose 134.21 points, or 0.3%, to 40,003.59, a day after
...

Walmart Is Strong on Dow's Historic Day
Walmart Is Strong
on Dow's Historic Day
MARKETS

Walmart Is Strong on Dow's Historic Day

Index hit 40K for the first time, though it did not close above the mark

(Newser) - The Dow couldn't hold on to 40,000 Thursday after reaching the threshold for the first time ever, and it actually ended the day with a modest loss:
  • The Dow fell 38 points, or 0.1% to 39,869.
  • The S&P 500 slipped 11 points, or 0.2%,
...

Dow Reaches 40K for the First Time
Dow Reaches 40K
for the First Time

Dow Reaches 40K for the First Time

Index crosses another milestone

(Newser) - The Dow is now in uncharted territory. The stock market index reached 40,000 for the first time ever in trading on Thursday, reports CNBC and the Wall Street Journal . Markets have been rising this week thanks to a report suggesting that inflation was slowing down. The benchmark S&P...

Dow, S&P 500 Jump to All-Time Highs
Dow, S&P 500 Jump
to All-Time Highs
MARKETS

Dow, S&P 500 Jump to All-Time Highs

Inflation slowdown boosts hopes for rate cut

(Newser) - US stocks rallied to new records Wednesday on hopes that inflation is heading back in the right direction.
  • The S&P 500 jumped 61.47 points, or 1.2%, to 5,308.15, topping its prior all-time high set in March.
  • The Dow Jones rose 349.89 points, or 0.
...

Meme Stocks Surge for a Second Day
Meme Stocks Surge
for a Second Day
MARKETS

Meme Stocks Surge for a Second Day

Nasdaq hits all-time high

(Newser) - Stocks ended higher on Wall Street Tuesday, sending the Nasdaq composite to another record.
  • The S&P 500 rose 25.26 points, or 0.5%, to 5,246.68. , and is sitting just shy of its own all-time high.
  • The Dow Jones Industrial Average rose 126.60 points, or 0.
...

Wall Street Hovers Near Record Highs
GameStop Leaps 74.4%
MARKETS

GameStop Leaps 74.4%

Biopharma firm Incyte was another winner

(Newser) - US stocks drifted to a mixed close near their record heights Monday.
  • The S&P 500 fell 1.26 points, or less than 0.1%, to 5,221.42, less than 1% below its record set at the end of March.
  • The Dow Jones Industrial Average fell 81.33 points,
...

Man at Center of Stock Craze Resurfaces

'Meme stocks' including GameStop surged after Roaring Kitty appeared online

(Newser) - The man at the center of the pandemic meme stock craze appeared online for the first time in three years, sending the prices of those quirky and volatile stocks sharply higher Monday. Keith Gill, better known as "Roaring Kitty," posted an image Sunday of a man sitting forward...

Stock Market Wraps an Up Week
Stock Market Wraps an Up Week
markets

Stock Market Wraps an Up Week

Novavax shares soar after announcement

(Newser) - US stocks coasted to the close of another winning week on Friday, per the AP .
  • The Dow gained 125.08 points, or 0.3%, to 39,512.84.
  • The S&P rose 8.60 points, or 0.2%, to 5,222.68 for its third straight winning week after its
...

Dow's Winning Streak Hits 7 Straight Days
Dow's Winning Streak
Hits 7 Straight Days
MARKETS

Dow's Winning Streak Hits 7 Straight Days

S&P 500 also gains, is closing in on all-time record

(Newser) - Stocks had a strong day on Thursday—strong enough to pull the benchmark S&P 500 back within 1% of its record following a rough April, per the AP .
  • The S&P rose 26 points, or 0.5%, to 5,214.
  • The Dow rose 331 points, or 0.8%, to
...

Uber Slumps, Lyft Revs Higher
Shopify Drops 18.5%
MARKETS

Shopify Drops 18.5%

Uber also slumped while Lyft revved higher

(Newser) - Wall Street's lull stretched into a second day as US stocks drifted to a mixed close in a quiet Wednesday.
  • The S&P 500 finished virtually unchanged after flipping between modest gains and losses through the day. It edged down by 0.03 points to 5,187.67.
  • The
...

Disney Drops 9.5% Despite Strong Results
Disney Drops 9.5%
Despite Strong Results
MARKETS

Disney Drops 9.5% Despite Strong Results

Company's revenue fell shy of forecasts

(Newser) - US stocks held relatively steady Tuesday as trading on Wall Street calmed following some sharp recent swings.
  • The S&P 500 rose 6.96 points, or 0.1%, to 5,187.70, its fourth straight gain.
  • The Dow Jones Industrial Average rose 31.99 points, or 0.1%, to 38,
...

Wall Street Adds to Last Week's Gains
Freshpet Jumps
More Than 10%
MARKETS

Freshpet Jumps More Than 10%

Spirit Airlines slides 9.7%

(Newser) - US stocks closed higher Monday on Wall Street, adding to last week's gains.
  • The S&P 500 rose 52.95 points, or 1%, to 5,180.74.
  • The Dow Jones Industrial Average rose 176.59 points, or 0.5%, to 38,852.27.
  • The Nasdaq composite rose 192.92
...

Stocks Climb After Jobs Report
Stocks Climb After Jobs Report

markets

Stocks Climb After Jobs Report

Rally wipes out the week's losses

(Newser) - Wall Street capped a choppy week of trading Friday with the best day for the stock market in over two months, as traders welcomed cooler-than-expected US employment data as a sign that inflationary pressures on the economy are easing.
  • The Dow rose 450.02 points, or 1.2%, to 38,
...

Stocks Have a Rebound Day
Stocks Have
a Rebound Day
MARKETS

Stocks Have a Rebound Day

Dow rises more than 300

(Newser) - Stocks rose broadly on Thursday to trim their losses for the week:
  • The Dow climbed 322 points, or 0.8%, to 38,225.
  • The S&P 500 rose 45 points, or 0.9%, to 5,064.
  • The Nasdaq rose 235 points, or 1.5%, to 15,840.

Stocks Finish Mixed After Fed Chief's Remarks
CVS, Starbucks Drop Sharply
MARKETS

CVS, Starbucks Drop Sharply

Indexes finished mixed after Fed chief's remarks

(Newser) - US stocks finished mixed Wednesday after the head of the Federal Reserve said the cuts to interest rates that Wall Street craves so much are still likely, even if they're delayed because of stubbornly high inflation.
  • The S&P 500 fell 17.30 points, or 0.3%, to 5,
...

Wall Street Closes Out Worst Month Since September

Ugly April ends with more losses

(Newser) - US stocks closed out their ugly April with even more losses on Tuesday, cementing the market's worst month since September.
  • The S&P 500 S&P 500 fell 80.48 points, or 1.6%, to 5,035.69, pulling it further from its record set at the end of
...

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