stock market – News Stories About stock market - Page 39

Stocks Lose for Third
Week Out of Last Four

MARKETS

Dec 17, 2021 3:15 PM CST

Stocks Lose for Third Week Out of Last Four

Dow falls more than 500 points

(Newser) - Stocks closed lower on Wall Street Friday, marking their third losing week in the last four, per the AP . Banks, technology companies, and industrials all helped pull major indexes lower Friday. The Dow fell 532 points, or 1.4%, to 35,365; the S&P 500 fell 48 points, or...

Tech Stocks Sink,
Drag Down Market

MARKETS

Dec 16, 2021 3:20 PM CST

Tech Stocks Sink, Drag Down Market

Nasdaq falls more than 2%

(Newser) - Stocks wobbled Thursday as investors studied moves by central banks to fight rising inflation, per the AP . The Dow fell 29 points to 35,897, the S&P 500 fell 41 points to 4,668, and the Nasdaq sank 385 points—2.4%—to 15,180. The decline in the...

Stocks Jump After Fed Announces Policy Shift

Markets Welcome Fed's
Plan to Pull Back Stimulus

MARKETS

Dec 15, 2021 3:39 PM CST

Markets Welcome Fed's Plan to Pull Back Stimulus

Dow rose 383 points

(Newser) - Stocks rose steadily on Wall Street Wednesday after the Federal Reserve said it would accelerate its pullback of economic stimulus and would likely raise interest rates three times next year to tackle rising inflation. The Fed will shrink its monthly bond purchases at twice the pace it previously announced, putting...

Stocks Drop After
Latest Inflation Report

MARKETS

Dec 14, 2021 3:53 PM CST

Stocks Drop After Latest Inflation Report

In November, wholesale prices jumped a record 9.6% year-on-year

(Newser) - Stocks closed lower on Wall Street Tuesday as traders took in the latest sign that inflation is still running high ahead of the Federal Reserve’s last meeting of the year. The latest report on inflation showed that wholesale prices jumped a record 9.6% in November from a year...

Moderna, Pfizer Rise as
Travel, Tech Stocks Sink

MARKETS

Dec 13, 2021 3:46 PM CST

Moderna, Pfizer Rise as Travel, Tech Stocks Sink

Dow Jones was down 320 points

(Newser) - Stocks pulled back below their recent record levels on Wall Street Monday as the market’s momentum slows down following its best week since February. Technology, energy, and travel-related companies had some of the biggest losses. Nvidia, General Motors, and Devon Energy were among the biggest decliners in the S&...

Inflation, Omicron?
S&P Hits All-Time High

MARKETS

Dec 10, 2021 3:11 PM CST

Inflation, Omicron? S&P Hits All-Time High

Markets wrap up a strong week

(Newser) - Investors apparently weren't phased by a new report showing that inflation is running at its highest level in about 40 years . The Dow on Friday rose 216 points to 35,970, the S&P 500 rose 44 points to 4,712, and the Nasdaq rose 113 points to 15,...

Stock Market Cools Off

MARKETS

Dec 9, 2021 3:05 PM CST

Stock Market Cools Off

Indexes are down after three straight days of strong gains

(Newser) - The stock market took a breather on Thursday after three days of strong gains. The Dow ticked downward by a fraction of a point to to 35,754, while the S&P 500 fell 33 points to 4,677 and the Nasdaq fell 269 points to 15,517. Generally, stocks...

Travel-Related Firms
Gain More Ground

MARKETS

Dec 8, 2021 3:54 PM CST

Travel-Related Firms Gain More Ground

Indexes closed higher after day of choppy trading

(Newser) - Stocks ended modestly higher on Wall Street Wednesday after a day of choppy trading. The muted trading for the benchmark S&P 500 index follows a strong start to the week that included its biggest gain since March. The rally also nearly erased its losses from the last two weeks....

Tech Stocks Jump as
Optimism Reigns on Wall St.

MARKETS

Dec 7, 2021 4:01 PM CST

Tech Stocks Jump as Optimism Reigns on Wall St.

S&P 500 gains more than 2%

(Newser) - Stocks jumped for a second day Tuesday as investors continued to wager that the new COVID won’t pose a big threat to the economy. The S&P 500 rose 1.4% in the first few minutes of trading, adding to its gains from a day earlier. It finished up...

Fauci Remarks Help
Lift Travel Stocks

MARKETS

Dec 6, 2021 3:41 PM CST

Fauci Remarks Help Lift Travel Stocks

S&P 500 has recovered almost all of last week's losses

(Newser) - Stocks closed solidly higher on Wall Street Monday, aided by a broad rally that includes travel-related companies that stand to benefit from more reopening of the economy. The S&P 500 rose 1.2%, making up nearly all the ground lost last week. Technology companies and banks accounted for a...

Dow Rises 600 Points
on Easing Omicron Fears

MARKETS

Dec 6, 2021 10:25 AM CST

Dow Rises 600 Points on Easing Omicron Fears

Investors in a better mood about the new COVID strain

(Newser) - Fears about omicron have helped hammer the stock market of late. Now, hopes that the new COVID strain won't be so bad appears to be doing the opposite, reports the Wall Street Journal . In early trading Monday, the Dow was up about 600 points, or 1.7%, while the...

Tech Stocks Help
Sink Market Again

MARKETS

Dec 3, 2021 3:15 PM CST

Tech Stocks Help Sink Market Again

Dow falls 59 points

(Newser) - Wall Street slumped anew on Friday in the market's latest bout of dizzying trading, with tech stocks faring the worst. The S&P 500 fell 38 points, or 0.8%, to 4,538. That's after five straight days in which the benchmark index swerved by at least 1....

This Time, Wall Street
Bounces the Right Way

MARKETS

Dec 2, 2021 3:10 PM CST

This Time, Wall Street Bounces the Right Way

Dizzying week continues as the Dow gains 617

(Newser) - Omicron is making for a chaotic week on Wall Street, with the market rebounding strongly on Thursday from Wednesday's big selloff .

The Dow rose 617 points, or 1.8%, to 34,639.
The benchmark S&P 500 rose 64 points, or 1.4%, to 4,577.
The tech-heavy Nasdaq

...

Omicron Worries Send
Markets Down Again

MARKETS

Dec 1, 2021 3:49 PM CST

Omicron Worries Send Markets Down Again

'Investors are going to have to get used to the idea that this is not going to be the last variant'

(Newser) - Markets turned cautious again Wednesday, erasing an early gain and ending lower as investors try to handicap how much the new coronavirus variant will impact the economy. The latest roller-coaster ride brought the S&P 500 index up 1.9% in the morning and down 1.2% by the closing...

Fed Chief's Remarks Add
to Wall Street's Woes

MARKETS

Nov 30, 2021 3:44 PM CST

Fed Chief's Remarks Add to Wall Street's Woes

Dow was down 652 points

(Newser) - Wall Street’s losses deepened on Tuesday after the head of the Federal Reserve said it will consider shutting off its support for financial markets sooner than expected. The S&P 500 fell 1.9%. It was already down in the morning amid worries that the omicron variant would hit...

Moderna CEO Predicts 'Material
Drop' in Vaccine Effectiveness

Nov 30, 2021 6:17 AM CST

Moderna CEO Predicts 'Material Drop' in Vaccine Effectiveness

Dow futures sink on Omicron news

(Newser) - Drugmakers and health officials say we won't know for a few weeks just how bad the omicron variant will be, particularly in regard to the current vaccines. In the meantime, sentiment is seesawing, as reflected in world financial markets. Friday was grim , Monday rebounded , and now Tuesday is shifting...

Moderna Jumps 11.8%
as It Tests Vaccine
Against Variant

MARKETS

Nov 29, 2021 3:55 PM CST

Moderna Jumps 11.8% as It Tests Vaccine Against Variant

Markets recover ground after Friday's big drop

(Newser) - The stock market steadied itself Monday following a slide last week brought on by the newest coronavirus variant. Investors are waiting for more clues about just how much damage the new strain may do to the economy. The S&P 500 recovered more than half its drop from Friday. Bond...

Dow Just Had Worst
Black Friday on Record

Nov 26, 2021 12:28 PM CST

Dow Just Had Worst Black Friday on Record

Index plunges 905 points over fears of new COVID variant

(Newser) - The stock market opened ugly and stayed that way. Thanks to fears over a powerful new COVID variant discovered in South Africa, the Dow racked up its worst day of 2021, reports CNBC . (The markets closed early, at 1pm, because of the Thanksgiving holiday.) The Dow plunged 905 points...

Fears of COVID Variant
Slam Stock Market

UPDATED

Nov 26, 2021 8:53 AM CST

Fears of COVID Variant Slam Stock Market

Dow drops more than 2%, and other major indexes in similar straits

(Newser) - Update: Fears of a newly discovered COVID variant has indeed led to a brutal start for the stock market. The Dow plunged about 800 points at the open on Friday, more than 2%, per the AP , while the S&P 500 and Nasdaq also fell, though by smaller percentages. Our ...

Gap, Nordstrom
Nosedive After
Weak Results

MARKETS

Nov 24, 2021 4:11 PM CST

Gap, Nordstrom Nosedive After Weak Results

HP was S&P 500's biggest gainer

(Newser) - Wall Street capped another wobbly day of trading Wednesday with an uneven finish for the major stock indexes ahead of the Thanksgiving holiday. The S&P 500 rose 0.2% after wavering between small gains and losses most of the morning, the AP reports. The benchmark index regained its footing...