stock market

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Late Rally From Tech Stocks Erases Early Wall St. Slump

Bond yields hit highest level since 2018

(Newser) - A late rally in big technology stocks erased an afternoon slump on Wall Street and left major indexes moderately higher. The uneven start to May followed a brutal April in which widespread technology sell-offs dragged down major benchmarks. Facebook’s parent company and chipmaker Nvidia each rose 5.3%. The...

Nasdaq Has Worst Month Since Crisis of 2008
Nasdaq Has Worst Month
Since Crisis of 2008
MARKETS
Apr 29, 2022 3:08 PM CDT

Nasdaq Has Worst Month Since Crisis of 2008

It's another brutal day on Wall Street

(Newser) - The best thing Wall Street investors can say about the month of April is that it's over. Friday was another miserable day, with Amazon's gloomy earnings and resulting stock drop leading the way to a rout in tech stocks, reports the Wall Street Journal . The Dow fell 939...

Facebook, Tech Stocks Lift Market to Big Day
Facebook, Tech Stocks
Lift Market to Big Day
MARKETS
Apr 28, 2022 3:16 PM CDT

Facebook, Tech Stocks Lift Market to Big Day

Dow rises more than 600 points

(Newser) - Stocks have been up-and-down all week, but they were most definitely on the up side Thursday. The Dow rose 614 points, or 1.8%, to 33,916; the S&P 500 rose 103 points, or 2.4%, to 4,287; and the tech-heavy Nasdaq did best of all, rising 382...

Boeing Among the Losers in Wobbly Day on Wall St.

'Everyone is dealing with this sort of whack-a-mole of risks'

(Newser) - Stocks ended with meager gains on Wall Street Wednesday, stabilizing after a sell-off in tech stocks a day earlier. It’s the latest turbulence for the market as traders brace for more earnings reports from major US companies. The S&P 500 saw most of a midday rally evaporate and...

Tesla Stock Slumps 12.2%
Tesla Stock Slumps 12.2%
MARKETS
Apr 26, 2022 3:54 PM CDT

Tesla Stock Slumps 12.2%

Investors worry Twitter buy will distract Musk

(Newser) - More sharp declines in Big Tech stocks sent the Nasdaq composite down 4% Tuesday, the worst drop for the tech-heavy index since September 2020. The Nasdaq is now down 20% so far this year as investors shun the ultra-pricey tech sector, which had made gangbuster gains for much of the...

Twitter Stock Rises, Tesla Falls After Musk Buyout Confirmed

Indexes close higher after late wave of buying

(Newser) - A late wave of buying left major indexes higher on Wall Street after another day of up-and-down trading. A rebound in technology stocks helped turn things around in the last hour of trading Monday. The S&P 500 rose 24.34 points, or 0.6%, to 4,296.12. The...

It Was a Brutal Day on Wall Street
It Was a Brutal Day
on Wall Street
MARKETS
Apr 22, 2022 3:09 PM CDT

It Was a Brutal Day on Wall Street

Dow falls by 2.8%, the S&P by 2.7%

(Newser) - Major indexes had been on track to score a winning week, and then Friday happened. The Dow plunged 981 points to 33,811—its worst day since 2020—while the S&P 500 fell 121 points to 4,271, and the Nasdaq fell 335 points to 12,839. The losses...

Wall Street Starts Strong, Ends Up in the Red
Wall Street Starts Strong,
Ends Up in the Red
MARKETS
Apr 21, 2022 3:10 PM CDT

Wall Street Starts Strong, Ends Up in the Red

Dow falls 368

(Newser) - Stocks shed early gains and finished broadly lower on Wall Street Thursday as traders reviewed the latest round of earnings reports from several big US companies. The Dow fell 368 points to 34,792, the S&P 500 fell 65 points to 4,393, and the Nasdaq fell 278 points...

Netflix Plunge Drags Indexes Down
Netflix Stock Plunges 35%
MARKETS
Apr 20, 2022 3:46 PM CDT

Netflix Stock Plunges 35%

Massive drop dragged down major indexes

(Newser) - Stocks edged mostly higher in afternoon trading on Wall Street Wednesday, but indexes were held back by streaming entertainment giant Netflix, which lost more than a third of its value. IBM jumped and helped give the Dow a bump after reporting results that beat analysts’ estimates, the AP reports. The...

Dow Just Had Its Best Day in a Month
Dow Just Had Its
Best Day in a Month
MARKETS
Apr 19, 2022 4:09 PM CDT

Dow Just Had Its Best Day in a Month

Index jumps nearly 500 points as optimism returns to Wall St.

(Newser) - Stocks closed higher on Wall Street Tuesday as technology stocks rallied following a weak start. The S&P 500 rose 70.52 points, or 1.6%, to 4,462.21. The Dow Jones Industrial Average rose 499.51 points, or 1.5%, to 34,911.20 in its biggest rise...

Twitter Jumps 7.5% After 'Poison Pill' Plan Adopted

Major indexes dipped despite strong results from banks

(Newser) - Stocks closed slightly lower after a wobbly day of trading Monday as worries about rising interest rates and high inflation keep a lid on Wall Street despite some better-than-expected profit reports from banks. The S&P 500 fell 0.90 points, or 0.02%, to 4,391.69. The Dow...

Market Ends Short Week in the Red
Market Ends Short
Week in the Red
MARKETS
Apr 14, 2022 3:13 PM CDT

Market Ends Short Week in the Red

Benchmark S&P slips 2% since Monday

(Newser) - The stock market is closed Friday for Good Friday, and Thursday's performance failed to raise it into positive territory for the week. The Dow fell 113 points to 34,451, the S&P 500 fell 54 points to 4,392, and the tech-heavy Nasdaq fell 292 points to 13,...

Airline Stocks Jump After Upbeat News From Delta

Airline reports strong revenue, bookings

(Newser) - Stocks closed higher on Wall Street Wednesday as investors reviewed the latest round of corporate earnings and an upbeat report from Delta Air Lines that bodes well for the travel industry. The S&P 500 rose 49.14 points, or 1.1%, to 4,446.59. The Dow Jones Industrial...

'This Is a Time When Economic Resilience Will Be Tested'

Markets pull back after report on inflation

(Newser) - Stock indexes edged lower on Wall Street Tuesday, shedding early gains as investors weigh new data on inflation . The pullback follows back-to-back losses driven by worries about the economic collateral damage as the Federal Reserve tackles high inflation more aggressively. A report showed inflation is still at its highest level...

Tech, Energy Stocks Tumble
Tech, Energy Stocks Tumble
MARKETS
Apr 11, 2022 4:03 PM CDT

Tech, Energy Stocks Tumble

Twitter up 1.7% after Musk says he won't join board

(Newser) - Stocks fell on Wall Street Monday, extending a losing streak from last week. Technology stocks sank and were the biggest weights on the market. Energy companies also slipped along with falling crude oil prices. Twitter rose 1.7% after Tesla CEO Elon Musk said he wouldn’t be joining the...

S&amp;P&#39;s Weekly Winning Streak Is Over
S&P's Weekly Winning
Streak Is Over
MARKETS
Apr 8, 2022 3:05 PM CDT

S&P's Weekly Winning Streak Is Over

Index slips on the day, though the Dow rises

(Newser) - Stocks were a decidedly mixed bag on Friday as investors braced for the Federal Reserve to press the brakes on the economy more aggressively to beat down inflation. The Dow rose 137 points to 34,721, but the benchmark S&P 500 slipped 11 points to 4,488. The tech-dominated...

Dow Saw Quite the Swing on Thursday
Dow Saw Quite the Swing
on Thursday
MARKETS
Apr 7, 2022 3:11 PM CDT

Dow Saw Quite the Swing on Thursday

Index rises nearly 90 points after erasing a loss of more than 300

(Newser) - The stock market ended a two-day slide on Thursday, but it took some doing. The Dow rose 87 points to 34,583, the S&P 500 rose 19 points to 4,500, and the Nasdaq rose 8 points to 13,897. As CNBC notes, the rise into positive territory came...

Stocks Drop After Minutes From Fed Meeting Released

Tech stocks were the biggest drag on the market

(Newser) - Stocks fell and bond yields rose on Wall Street Wednesday after details from last month’s Federal Reserve meeting showed the central bank intends to be aggressive in its efforts to fight inflation. Minutes from the meeting show that policymakers agreed to begin cutting the Fed’s stockpile of Treasurys...

Bond Yields Jump After Remark From Fed Governor

Tech stocks drag Wall St. indexes down

(Newser) - Stocks closed lower on Wall Street Tuesday and bond yields jumped as remarks by a Federal Reserve governor fueled expectations on Wall Street that the central bank is prepared to more aggressively raise interest rates and take other steps in a bid to tame surging inflation. The S&P 500...

Twitter Jumps 27.6% After Musk Buy DIsclosed
Twitter Jumps 27.6%
After Musk Buy Disclosed
MARKETS
Apr 4, 2022 3:34 PM CDT

Twitter Jumps 27.6% After Musk Buy Disclosed

Markets pleased with news Tesla CEO bought 9.2% stake in company

(Newser) - Stocks closed higher on Wall Street on Monday with help from big technology and communications stocks. Twitter soared 27.6% following a big investment in the company from Tesla’s Elon Musk. The gains in technology companies helped offset weakness in other parts of the market, the AP reports. The...

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