stock market

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Stocks Drop as Hopes for Imminent Rate Cuts Fade

Spirit Airlines sank another 22.5%

(Newser) - Wall Street slipped again Wednesday after a stronger-than-expected report on the US economy weakened hopes that easier interest rates would arrive soon.
  • The S&P 500 fell 26.77 points, or 0.6%, to 4,739.21, its second straight drop.
  • The Dow Jones Industrial Average fell 94.45 points,
...

Spirit Airlines Drops 47.1% After Takeover Blocked

Boeing also had a bad day

(Newser) - Wall Street closed lower in a lackluster return to trading Tuesday following a three-day holiday weekend.
  • The S&P 500 fell 17.85 points, or 0.4%, to 4,765.98.
  • The Dow Jones Industrial Average fell 231.86 points, or 0.6%, to 37,361.12.
  • The Nasdaq composite
...

Stocks Close Up for Week After Encouraging Inflation Report

Initial corporate earnings figures are mixed

(Newser) - Wall Street closed its 10th winning week in the past 11 with a mixed finish Friday following an encouraging report on inflation. The AP reports:
  • The Dow fell 118.04 points, or 0.3%, to 37,592.98, dragged down by a sharp loss for UnitedHealth Group following its results.
...

Markets Don&#39;t Move Much as Bitcoin Swings
Markets Don't Move Much
as Bitcoin Swings
MARKETS
Jan 11, 2024 3:21 PM CST

Markets Don't Move Much as Bitcoin Swings

Cryptocurrency rises to $49K but later falls to $46 as ETF trading begins

(Newser) - Wall Street drifted to a mixed close on Thursday after a hotter-than-expected inflation report forced investors to push back forecasts for when the Fed will deliver long-sought cuts to interest rates.
  • The Dow rose 15 points to 37,711.
  • The S&P 500 slipped 3 points to 4,780.
  • The
...

Wall Street Nears Record High Ahead of Inflation Report

Wednesday's winners included WD-40

(Newser) - Wall Street neared a record high Wednesday ahead of a highly anticipated report on inflation, which could show whether all the excitement that's vaulted stocks higher recently is warranted.
  • The S&P 500 rose 26.95 points, or 0.6%, to 4,783.45 and is just 0.3%
...

Nvidia Was a Bright Spot on a Losing Day for Wall Street

JetBlue fells 10.2% after announcing CEO's departure

(Newser) - Most of Wall Street slipped on Tuesday, giving back some of the big gains from the day before.
  • The S&P 500 fell 7.04 points, or 0.1%, to 4,756.50, coming off its best day in nearly two months.
  • The Dow Dow Jones Industrial Average fell 157.
...

Tech Stocks Recover From Last Week&#39;s Losses
Boeing Drops 8% in First
Trading Since Blowout
MARKETS
Jan 8, 2024 3:52 PM CST

Boeing Drops 8% in First Trading Since Blowout

Tech stocks rose as Wall Street clawed back most of its losses from last week

(Newser) - Wall Street rallied Monday to claw back most of the losses from its slow start to the year.
  • The S&P 500 S&P 500 rose 66.30 points, or 1.4%, to 4,763.54 to pull within 1% of its all-time high.
  • The Dow Jones Industrial Average rose
...

Reports Give Traders Pause
Reports Give Traders Pause
markets
Jan 5, 2024 3:45 PM CST

Reports Give Traders Pause

Wall Street's week is worst of the past 10

(Newser) - Wall Street closed its worst week since Halloween with a listless Friday after reports showed workers are getting bigger raises but key parts of the economy still don't look like they're overheating:
  • The Dow climbed 25.77, or 0.1%, to 37.466.11, inching closer to its
...

Nasdaq Losing Streak Is Longest in Over a Year
Nasdaq Losing Streak
Is Longest in Over a Year
MARKETS
Jan 4, 2024 3:08 PM CST

Nasdaq Losing Streak Is Longest in Over a Year

The Dow manages a small gain

(Newser) - Wall Street had another weak day Thursday following signals that the job market remains solid—though maybe a touch too strong. US stocks have broadly regressed this week after rallying nine straight weeks into the end of last year:
  • The Dow ticked up 10 points to 37,440.
  • The S&
...

Wall Street's Rough Start to the Year Continues

Reports show US economy is cooling

(Newser) - Stocks fell again Wednesday as Wall Street's slow start to 2024 carried into a second day.
  • The S&P 500 fell 38.02 points, or 0.8%, to 4,704.81, though it remains within 2% of its record.
  • The Dow Jones Jones Industrial Average fell 284.85 points,
...

Wall Street Starts 2024 With a Slump
Wall Street Had a
Rough Start to 2024
MARKETS
Jan 2, 2024 3:41 PM CST

Wall Street Had a Rough Start to 2024

Apple had its worst day in nearly 5 months

(Newser) - Wall Street started 2024 with a slump, giving back some of its powerful gains from the year before.
  • The S&P 500 slipped 27.00 points, or 0.6%, to 4,742.83 after coming into the year at the brink of its all-time high
  • The Dow Jones Industrial Average
...

Stocks Finish Year Up 20%
S&P Finishes Year Up 24%
MARKETS
Dec 29, 2023 3:45 PM CST

S&P Finishes Year Up 24%

Gains spread beyond major tech companies, analyst says

(Newser) - The S&P 500 closed out 2023 with a gain of more than 24% and the Dow finished near a record high, as easing inflation, a resilient economy, and the prospect of lower interest rates buoyed investors, particularly in the last two months of the year. Stocks closed Friday with...

Quiet Trading Keeps S&P in Striking Distance of Record

Benchmark index finishes little changed

(Newser) - Wall Street ended Thursday much as it began in muted trading:
  • The S&P 500 ticked up a single point to 4,783.
  • The Dow gained 53 points to 37,710.
  • The Nasdaq fell 4 points to 15,095.

Markets on Course for Hefty Annual Gains
NYT Rises 2.8% After
Suing AI Companies
MARKETS
Dec 27, 2023 3:49 PM CST

NYT Rises 2.8% After Suing AI Companies

Dow hits another record high

(Newser) - Wall Street drifted to a slightly higher close Wednesday as trading remained light on this holiday-shortened week.
  • The S&P 500 rose 6.83 points, or 0.1%, to 4,781.58 .
  • The Dow Jones Industrial Average rose 111.19 points, or 0.3%, to a record high of 37,
...

Tech Leads Stock Gains
Tech Leads Stock Gains
markets
Dec 26, 2023 3:45 PM CST

Tech Leads Stock Gains

S&P 500 nears its all-time high

(Newser) - Stocks notched more gains Tuesday, as Wall Street kicked off what's expected to be a quiet, holiday-shortened week of trading. The AP reports:
  • The Dow rose 0.4%, climbing 159.36 points to 37,545.33.
  • The S&P 500 rose 0.4%, finishing less than 0.5% below
...

Slow Day Wraps Winning Week After List of Economic Reports

Market welcomes Bristol Myers Squibb deal

(Newser) - Wall Street capped its eighth straight winning week with a quiet finish Friday, following reports showing inflation on the way down and the economy potentially on the way up. The AP reports:
  • The Dow slipped 18 points, or less than 0.1%.
  • The S&P 500 rose 0.2%, putting
...

Wall Street Rebounds After Wednesday Selloff
Wall Street Rebounds
After Wednesday Selloff
MARKETS
Dec 21, 2023 3:09 PM CST

Wall Street Rebounds After Wednesday Selloff

Dow rises more than 300 points

(Newser) - Wall Street on Thursday clawed back a good chunk of its sharp losses from the previous day:
  • The S&P 500 rose 48 points, or 1%, to 4,746.
  • The Dow rose 321 points, or 0.8%, to 37,403.
  • The Nasdaq rose 185 points, or 1.2%, to 14,
...

Wall Street Slams the Brakes on Big Rally
Wall Street Slams
the Brakes on Big Rally
MARKETS
Dec 20, 2023 3:39 PM CST

Wall Street Slams the Brakes on Big Rally

FedEx drops 12% as Dow retreats from record high

(Newser) - Wall Street slammed the brakes on its big rally Wednesday following disappointing profit reports from companies and warnings that the market had simply gone too far, too fast.
  • The S&P 500 fell 70.02 points, or 1.5% to 4,698.35 for its worst loss since beginning a
...

S&amp;P 500 Closes Just Short of Record High
S&P 500 Approaches
Record High
MARKETS
Dec 19, 2023 3:38 PM CST

S&P 500 Approaches Record High

Move from Japan's central bank encourages investors

(Newser) - Wall Street closed higher and held near all-time highs Tuesday amid hopes that moves by Japan's central bank to keep interest rates easy for investors could be a preview for the rest of the world.
  • The S&P 500 rose 27.81 points, or 0.6%, to 4,768.
...

Stocks Close Mixed After 7-Week Winning Streak
US Steel Jumps 26.1%
After Nippon Steel Deal
MARKETS
Dec 18, 2023 3:38 PM CST

US Steel Jumps 26.1% After Nippon Steel Deal

Tech stocks also rose on mixed day for markets

(Newser) - Stocks ended mixed on Wall Street Monday as a seven-week winning streak cooled off. More stocks fell than rose on the New York Stock Exchange.
  • The S&P 500 rose 21.37 points, or 0.5%, to 4,740.56 .
  • The Dow Jones Industrial Average rose 0.86 points, or
...

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