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Market's 2022 Streak:
2 Losing Weeks

MARKETS

Jan 14, 2022 3:20 PM CST

Market's 2022 Streak: 2 Losing Weeks

Dow falls 201 points on Friday

(Newser) - The Dow put the wraps on another losing week Friday as bank stocks and weak economic data worried investors. The Dow fell 201 points to 35,911, the S&P 500 eked out a 3-point gain to 4,662, and the Nasdaq shook off Thursday's tech selloff to rise...

Tech Stocks Continue
to Batter the Market

MARKETS

Jan 13, 2022 3:05 PM CST

Tech Stocks Continue to Batter the Market

Nasdaq falls 2.5%, dragging down other major indexes

(Newser) - The market's recent theme resumed in full force on Thursday as poor-performing tech stocks dragged down the rest of the market. The tech-dominated Nasdaq fell 381 points, or 2.5%, to 14,806, leading the other major indexes into the red as well. The Dow fell 176 points, or...

Stocks Make Modest Gains After Report on Inflation

Stock Close Higher After
Report on Surging Inflation

MARKETS

Jan 12, 2022 3:45 PM CST

Stock Close Higher After Report on Surging Inflation

Biogen drops 6.7% after Medicare decision

(Newser) - Stocks closed higher on Wall Street Wednesday after the latest report of surging prices appeared to keep the Federal Reserve on track to raise interest rates later this year. The S&P 500 rose 13.28 points, or 0.3%, to 4,726.35. The Dow Jones Industrial Average rose...

S&P 500 Snaps Losing Streak

MARKETS

Jan 11, 2022 3:56 PM CST

S&P 500 Snaps Losing Streak

Tech stocks bounced back after early losses

(Newser) - Stocks closed higher on Wall Street Tuesday as technology companies rebounded after an early loss. The S&P 500 rose 0.9%. The index is coming off five straight losses and hadn’t closed higher since the very first trading day of the year, the AP reports. The S&P...

Zynga Jumps
More Than 40%
After Deal News

MARKETS

Jan 10, 2022 3:39 PM CST

Zynga Jumps More Than 40% After Deal News

S&P 500, Nasdaq bounced back from early losses

(Newser) - Stocks ended slightly lower on Wall Street Monday after recouping much of an early slide. Technology stocks bounced back after leading the market lower in the morning. Losses for industrial companies and banks were partly offset by gains in health care companies. The S&P 500 fell 6.74 points,...

Major Indexes End Lower Again

MARKETS

Jan 7, 2022 3:15 PM CST

Major Indexes End Lower Again

Investors wary of Fed's next move

(Newser) - Stocks ended lower on Wall Street Friday and Treasury yields rose as investors anticipated the Federal Reserve will stay on course to raise interest rates as soon as March. The Dow fell 4 points to 36,231, the S&P 500 fell 19 points to 4,677, and the Nasdaq...

Dow Sheds Another 170

MARKETS

Jan 6, 2022 3:06 PM CST

Dow Sheds Another 170

Inflation, Fed moves continue to weigh on investors

(Newser) - Stocks didn't exactly rebound from Wednesday's selloff as investors considered the outlook for rising interest rates and inflation. The Dow fell 170 points to 36,236, the S&P 500 fell 4 points to 4,696, and the tech-dominated Nasdaq fell 19 points to 15,080. In afternoon...

Major Tech Stocks Drop After
Fed Meeting Minutes Released

MARKETS

Jan 5, 2022 3:58 PM CST

Major Tech Stocks Drop After Fed Meeting Minutes Released

Tesla slumped 5.4%

(Newser) - Stocks closed lower on Wall Street Wednesday after minutes from the Federal Reserve’s last meeting raised expectations that the central bank will move faster to raise interest rates to fight inflation. The S&P 500 fell 92.96 points, or 1.9%, to 4,700.58. Drops in major...

Pfizer Stock Drops
for 2nd Day in a Row

MARKETS

Jan 4, 2022 3:51 PM CST

Pfizer Stock Drops for 2nd Day in a Row

Health, tech stocks dragged down S&P 500 but Dow hit a new record high

(Newser) - Slumping technology stocks left the S&P 500 slightly lower on Wall Street Tuesday, even as the Dow Jones Industrial Average of 30 blue-chip companies marked another record high. Microsoft, Apple, and major chipmakers like Nvidia sank while banks and other sectors rose. Bond yields continued to climb. The yield...

Wall Street Starts 2022
With Record Highs

MARKETS

Jan 3, 2022 4:11 PM CST

Wall Street Starts 2022 With Record Highs

Dow, S&P 500 made gains Monday

(Newser) - Wall Street got 2022 off to a solid start with more record highs for the S&P 500 and the Dow Jones Industrial Average. The S&P 500 rose 0.6%, a day after closing out 2021 with big gains for the third year in a row. The Dow rose...

Weak Final Day
Wraps Up Strong Year

markets

Dec 31, 2021 3:55 PM CST

Weak Final Day Wraps Up Strong Year

Dow ends 2021 up 21%, while S&P rose 26%

(Newser) - Wall Street ended 2021 on a weak note Friday but still managed to end the year with big gains. The S&P 500 slipped 0.3%. It wound up with a yearly gain of 26.9%, the AP reports, nearly as big as its gain two years ago—just before...

Indexes Lose Ground
After Late Slip in Trading Day

MARKETS

Dec 30, 2021 3:26 PM CST

Indexes Lose Ground After Late Slip in Trading Day

Dow, S&P slip below record highs

(Newser) - A late slide pulled major indexes into the red on Thursday, leaving the S&P 500 and the Dow Jones Industrial Average slightly below the record highs they set a day earlier. The S&P fell 14 points to 4,778, the Dow fell 90 points to 36,398, and...

S&P 500 Is Headed for
2021 Gain of More Than 27%

MARKETS

Dec 29, 2021 4:07 PM CST

S&P 500 Is Headed for 2021 Gain of More Than 27%

Indexes hit new record highs Wednesday

(Newser) - Wall Street ended another wobbly day mostly higher, enough for the S&P 500 to notch another record high. The benchmark index edged up 0.1%, the Dow Jones Industrial Average rose 0.2% and the Nasdaq slipped 0.1%. Retailers and companies reliant on consumer spending were among the...

Traders Are Hoping
for a 'Santa Rally'

MARKETS

Dec 28, 2021 3:48 PM CST

Traders Are Hoping for a 'Santa Rally'

S&P 500 breaks 4-day winning streak

(Newser) - Stocks closed mixed on Wall Street Tuesday, leaving the S&P 500 just shy of its latest record high set a day earlier. After wavering between gains and losses, the benchmark index closed down 0.1%. The slight loss broke a four-day wining streak for the S&P 500.Some...

S&P 500 Hits New High
After Return From Holiday

MARKETS

Dec 27, 2021 4:11 PM CST

S&P 500 Hits New High After Return From Holiday

Dow was up 352 points

(Newser) - Stocks made steady gains on Wall Street Monday, enough to mark another record high for the S&P 500 index. Trading was muted as investors returned from the Christmas holiday and several overseas markets remained closed. The S&P 500 climbed 1.4%, led by more gains in big technology...

S&P Closes at Record
High Ahead of Christmas

MARKETS

Dec 23, 2021 3:05 PM CST

S&P Closes at Record High Ahead of Christmas

Markets rebound from Monday's selloff

(Newser) - A shortened week that began with a big slide on Monday wrapped up with the major indexes in positive territory. The Dow rose 196 points on Thursday to 35,950, the S&P rose 29 points to 4,725, and the tech-centric Nasdaq rose 131 points to 15,653. For...

Tesla Jumps 7.5%
After Musk Remarks

MARKETS

Dec 22, 2021 3:51 PM CST

Tesla Jumps 7.5% After Musk Remarks

Markets add to gains ahead of holiday

(Newser) - Stocks closed higher on Wall Street Wednesday, adding to the week’s gains ahead of the Christmas holiday. Technology companies and a mix of retailers led the gains. Every major US index is still on track for weekly gains after a choppy several days where stocks bounced between sharp losses...

Signs of Optimism
Return to Wall Street

MARKETS

Dec 21, 2021 3:39 PM CST

Signs of Optimism Return to Wall Street

Dow jumps 561 points

(Newser) - Stocks closed solidly higher on Wall Street Tuesday, more than regaining the ground they had lost a day earlier. Small-company stocks rose even more than the rest of the market, a signal that investors are feeling a more optimistic about the economy, the AP reports. Technology stocks did especially well....

This Year's Stock Market Rise
Has a Potential Hitch

Dec 21, 2021 11:16 AM CST

This Year's Stock Market Rise Has a Potential Hitch

It hinges on 5 big stocks, which makes investors worried

(Newser) - If your 401(k) has done well in 2021, a Goldman Sachs analysis points to five key reasons:

Apple
Microsoft
Nvidia
Alphabet (Google)
Tesla

Omicron Worries
Weigh Down Markets

MARKETS

Dec 20, 2021 4:04 PM CST

Omicron Worries Weigh Down Markets

Dow Jones dived 433 points

(Newser) - Wall Street joined a worldwide slump for financial markets on Monday amid worries about how badly the omicron variant, inflation, and other forces will hit the economy. The S&P 500 fell 1.1%, following up on similar drops across Europe and Asia, the AP reports. Stocks of oil producers...