stock market

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Stocks Rise as Prices for Crude Oil Hit 2022 Low

Activision Blizzard shares drop after FTC announcement

(Newser) - Stocks closed higher on Wall Street but remain lower for the week after five straight losses. The S&P 500 rose 0.8% Thursday and finished at 3,963.51 points, while the tech-heavy Nasdaq added 1.1% to close at 11,082.00, per CNBC . The Dow Jones Industrial...

Carvana Plunges 43% Amid Bankruptcy Fears
Carvana Plummets 43%
MARKETS
Dec 7, 2022 3:34 PM CST

Carvana Plummets 43%

Analysts say used vehicle chain's bankruptcy risk is rising

(Newser) - More weakness in tech stocks sent Wall Street mostly lower after another day of wobbly trading Wednesday. The S&P 500 fell 7.34 points, or 0.2%, to 3,933.92. The Dow Jones Industrial Average rose 1.58 points, or less than 0.1%, to 33,597.92....

Stocks Extend Losses as Traders Eye Fed&#39;s Next Movies
Disney, Apple Drop as
Stocks Extend Losses
MARKETS
Dec 6, 2022 4:05 PM CST

Disney, Apple Drop as Stocks Extend Losses

Indexes are headed for a weekly loss as traders eye Fed's next moves

(Newser) - Stocks closed broadly lower on Wall Street Tuesday, extending the market's recent string of losses, as traders ponder the Federal Reserve’s next moves in its campaign to cool stubbornly hot inflation. Roughly 80% of stocks in the S&P 500 fell, leaving the benchmark index down 57.58...

Dow Drops 483 Points After Surprisingly Strong Economic Report

Growth in services sector could lead to more Fed rate hikes

(Newser) - Stocks closed lower on Wall Street, and Treasury yields rose Monday after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation. The S&P 500 fell 72.86 points, or 1.8%, to 3,998.84. The Dow Jones Industrial Average fell 482.78 points, or...

Stocks Dig Out From Jobs-Related Losses
Stocks Dig Out From
Jobs-Related Losses
MARKETS
Dec 2, 2022 3:15 PM CST

Stocks Dig Out From Jobs-Related Losses

Dow manages to gain on Friday despite inflation worries from new Labor Department data

(Newser) - Worries about inflation put a damper on Wall Street for much of Friday, though the major indexes erased big losses from early in the day. The Dow managed to rise 34 points to 34,429, the S&P 500 fell 4 points to 4,071, and the Nasdaq fell 20...

December's Open Not as Strong as November's Close

Dow and S&P fall, while Nasdaq posts a gain

(Newser) - Stocks ended mixed after an uneven day of trading on Thursday. The Dow fell 194 points to 34,395, the S&P 500 slipped 3 points to 4,076, and the Nasdaq ticked up 14 points to 11,482. All the gains and losses were under 1%. Also Thursday, bond...

Dow Jumps 737 Points After Fed Chair&#39;s Remarks
Dow Jumps 737 Points
After Fed Chair's Remarks
MARKETS
Nov 30, 2022 3:49 PM CST

Dow Jumps 737 Points After Fed Chair's Remarks

Powell says rate hikes likely to slow down

(Newser) - Stocks rallied on Wall Street and major indexes ended November with their second straight month of gains after the head of the Federal Reserve said the central bank could soon ease up on its aggressive pace of interest rate hikes aimed at taming inflation. The S&P 500 rose 122....

Major Indexes Flat as Investors Watch China Developments

Dow closed just barely in the green

(Newser) - Stocks ended an unsteady day with mixed results as gains for energy companies were offset by losses in technology and other sectors. Trading was uneven Tuesday as investors closely watched developments in China and economic data amid worries about stubbornly hot inflation. The S&P 500 fell 6.31 points,...

Dow Drops 498 Points Amid Worries About Fallout From China Protests

Tech stocks were the biggest weight on the market

(Newser) - Stocks fell broadly on Wall Street Monday as protests spread in China calling for President Xi Jinping to step down amid growing anger over severe restrictions imposed as part of his "zero COVID" strategy in the world’s second-largest economy. The S&P 500 fell 62.18 points, or...

Stock Are Mixed on a Short Day
Stocks Are Mixed
on a Short Day
markets
Nov 25, 2022 1:20 PM CST

Stocks Are Mixed on a Short Day

Indexes gain in a brief holiday week

(Newser) - Stocks wobbled to a mixed close Friday on Wall Street, but every major index notched weekly gains in a holiday-shortened week. The S&P 500 edged lower Friday, slipping 1.14 points, or less than 0.1%, to 4,026.12, the AP reports. The Dow Jones Industrial Average rose...

Stocks Edge Higher After Release of Fed Meeting Minutes

Officials at central bank said smaller rate hikes would be appropriate 'soon'

(Newser) - Stocks closed higher on Wall Street following the release of the minutes from the Federal Reserve’s most recent policy meeting, which showed Fed officials agreed that smaller rate hikes would likely be appropriate "soon." That's likely to stoke optimism among investors who have been trying to...

Retailers Were Big Winners on Wall Street Tuesday

Best Buy jumps 12.7% after strong earnings reports

(Newser) - Stocks rose on Wall Street and solid earnings helped jolt a mix of retailers higher ahead of the Thanksgiving holiday. The S&P 500 rose 53.64 points, or 1.4%, to 4,003.58 Tuesday. The Dow Jones Industrial Average rose 397.82 points, or 1.2%, to 34,...

Disney Rises, Tesla Drops at Start of Shortened Week

Investors apparently approve of Disney's CEO swap

(Newser) - Stocks ended lower on Wall Street at the beginning of a holiday-shortened week. The S&P 500 fell 15.40 points Monday, or 0.4%, to 3,949.94. The Dow Jones Industrial Average fell 45.41 points, or 0.1%, to 33,700.28. The Nasdaq fell 121.55...

Stocks Gain, but Chalk Up a Losing Week
Stocks Gain, but
Chalk Up a Losing Week
MARKETS
Nov 18, 2022 3:20 PM CST

Stocks Gain, but Chalk Up a Losing Week

Dow rises about 200 points on Friday

(Newser) - Stocks closed higher Friday on Wall Street, though major indexes finished lower for the week. The Dow rose 199 points to 33,745, the S&P 500 rose 18 points to 3,965, and the Nasdaq managed to gain a single point to close at 11,146. The Dow and...

Fed Official&#39;s Comments Cause Stocks to Slip
Fed Official's Comments
Cause Stocks to Slip
MARKETS
Nov 17, 2022 3:40 PM CST

Fed Official's Comments Cause Stocks to Slip

It appears the Fed isn't done with aggressive rate hikes

(Newser) - Stocks fell Thursday on Wall Street after more indications from the Federal Reserve that it may need to raise interest rates even higher to get inflation under control. The indexes are now on pace for weekly losses, while the yield on the two-year Treasury rose to 4.45%.
  • The S&
...

Target, Other Retailers Weigh Down Markets
Target, Other Retailers
Weigh Down Markets
MARKETS
Nov 16, 2022 3:52 PM CST

Target, Other Retailers Weigh Down Markets

Target drops 13.1% after dismal financial report

(Newser) - Wall Street closed lower on Wednesay as hefty drops in retailers and technology companies offset gains elsewhere in the market. The S&P 500 fell 32.94 points, or 0.8%, to 3,958.79. The Dow Jones Industrial Average fell 39.09 points, or 0.1%, to 33,553....

Wall Street&#39;s Gains Tempered by Ukraine Worries
Wall Street's Gains
Tempered by Ukraine Worries
MARKETS
Nov 15, 2022 3:59 PM CST

Wall Street's Gains Tempered by Ukraine Worries

Markets remained shaky despite cooling inflation

(Newser) - Stocks are closed higher on Wall Street Tuesday, boosted by more signs the nation’s high inflation may be falling off faster than expected. But a flare-up of worries about the war in Ukraine kept Wall Street shaky and undercut much of its big morning gains, the AP reports. The...

Hasbro Was Monday's Biggest Loser in the S&P 500

It fell almost 10% amid 'Magic: The Gathering' worries

(Newser) - Stocks closed lower on Wall Street, easing back after posting a big gain last week on hopes that the worst of the nation’s inflation may finally have passed. The S&P 500 fell 35.68 points, or 0.9%, to 3,957.25 Monday after drifting between gains and...

Benchmark S&amp;P 500 Has Best Week Since Summer
Benchmark S&P 500
Has Best Week Since Summer
MARKETS
Nov 11, 2022 3:15 PM CST

Benchmark S&P 500 Has Best Week Since Summer

Index is back near 4K

(Newser) - Wall Street on Friday tacked more onto its stupendous surge from a day before , resulting in the market's best week since the summer. The S&P 500 rose 36 points, or 0.9%, to 3,992; the Dow rose 32 points, or 0.1%, to 33,747; and the...

Stock Market Just Had Its Best Day in Years
Stock Market Soars
on Inflation Data
MARKETS
Nov 10, 2022 3:18 PM CST

Stock Market Soars on Inflation Data

S&P rises 5% for its best day since 2020

(Newser) - Stocks had their best day in years Thursday after a report showed inflation in the US slowed last month by more than expected:
  • The benchmark S&P 500 surged 207 points, or 5.5%, to 3,956.
  • The Dow rose 1,201 points, or 3.7%, to 33,715.
  • The
...

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