stock market

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S&amp;P 500 Just Had Its Biggest Drop Since May
S&P 500 Just Had Its
Biggest Drop Since May
MARKETS
Sep 28, 2021 3:57 PM CDT

S&P 500 Just Had Its Biggest Drop Since May

Nasdaq drops 2.8% amid tech sell-off

(Newser) - Technology companies led a broad slide in stocks on Wall Street Tuesday as investors reacted to a surge in US government bond yields. The benchmark S&P 500 index had its worst drop since May, and the tech-heavy Nasdaq had its worst drop since March. The main action was again...

Big Tech Stocks Drop as Banks, Energy Firms Rise

Dow Jones edged up 71 points

(Newser) - Stocks wound up a mixed bag on Wall Street Monday as losses for several Big Tech companies checked gains elsewhere in the market. Microsoft fell 1.7% and Apple gave back 1.1%. The yield on the 10-year Treasury note rose to 1.49%, its highest level since late June....

Nike, Crypto Drop, Capping Volatile Week
Nike, Crypto Drop,
Capping Volatile Week
MARKETS
Sep 24, 2021 3:10 PM CDT

Nike, Crypto Drop, Capping Volatile Week

Dow rises 33

(Newser) - It was an anticlimactic finish to a wild week on Wall Street. After big losses early in the week followed by big gains later, the major indexes were relatively muted on Friday. The Dow rose 33 points to 34,798, the S&P rose 4 points to 4,455, and...

Closely Watched Deadline in China Passes in Silence

Investors in limbo as Evergrande does not make payment

(Newser) - The world's financial markets waited anxiously all day Thursday to see what the teetering Chinese behemoth Evergrande would do as a big bond payment came due. Aaaand ... crickets. The real estate conglomerate on the brink of default made no public statements, and, more crucially, apparently did not make the...

Big Day Just Erased Week&#39;s Dismal Start
Big Day Just Erased
Week's Dismal Start
MARKETS
Sep 23, 2021 3:08 PM CDT

Big Day Just Erased Week's Dismal Start

Dow rises more than 500 points

(Newser) - What began as a miserable week on Wall Street is suddenly looking more upbeat. In fact, a big rally on Thursday pushed major indexes back into positive territory for the week, reports CNBC . The Dow rose 506 points, or 1.4%, to 34,764; the S&P 500 rose 53...

Stocks Hold Gains After Big Announcement From Fed
Markets Unfazed by
Big Announcement From Fed
MARKETS
Sep 22, 2021 3:43 PM CDT

Markets Unfazed by Big Announcement From Fed

Central bank may start easing COVID-era support measures later this year

(Newser) - Stocks held on to their gains on Wall Street Wednesday after the Federal Reserve signaled it may begin easing its extraordinary support measures for the economy later this year. In a statement at 2pm Eastern, the central bank said it may start raising its benchmark interest rate sometime next year,...

Uber Jumps 11.5% on Mixed Day for Markets
Market Recovery 
Fizzles by Closing Bell
MARKETS
Sep 21, 2021 3:40 PM CDT

Market Recovery Fizzles by Closing Bell

S&P 500, Dow dropped but Nasdaq rose

(Newser) - Major indexes ended mixed on Wall Street Tuesday after spending much of the day wobbling between gains and losses. For parts of the afternoon the market had looked like it would recoup some of the losses it took in a big pullback a day earlier, but by the closing bell...

China&#39;s &#39;Lehman Moment&#39;? Wall Street Is Skeptical
All Eyes on How Beijing
Handles a Financial Landmine
the rundown
Sep 21, 2021 12:29 PM CDT

All Eyes on How Beijing Handles a Financial Landmine

Developer Evergrande could be about to default and collapse

(Newser) - US markets tanked on Monday , and those reading about the plunge would have learned that much of the blame was placed on a Chinese company called Evergrande. Which may have prompted many to wonder: What on earth is Evergrande and why did it dent my 401K? Coverage:
  • The company: Evergrande
...

Stocks Just Had Their Biggest Drop Since May
Dow Drops 614 Points 
as China Worries Grow
MARKETS
Sep 20, 2021 3:54 PM CDT

Dow Drops 614 Points as China Worries Grow

Developer Evergrande could be on brink of collapse

(Newser) - US stocks had their biggest drop since May as traders worried about potential ripple effects if a debt-laden Chinese real estate company defaults. The S&P 500 fell 1.7% Monday. It had been down as much as 2.9% earlier. Hong Kong’s main index dropped 3.3%, its...

Wall Street Is Bracing for an Ugly Day

Dow is set to plunge more than 500 points

(Newser) - It's shaping up to be a rough day on Wall Street. The Dow is on track to fall more than 500 points, or about 1.5%, when the market opens, while the benchmark S&P 500 and the tech-heavy Nasdaq also braced for losses of more than 1%, reports...

Up-and-Down Week Ends Decidedly Down
For Benchmark S&P,
2 Straight Losing Weeks
MARKETS
Sep 17, 2021 3:06 PM CDT

For Benchmark S&P, 2 Straight Losing Weeks

Dow falls almost 170 points

(Newser) - Technology companies led a broad slide for stocks Friday, as the major indexes registered a feeble ending to an up-and-down week on Wall Street. The Dow fell 166 points to 34,584, the S&P 500 fell 40 points to 4,432, and the Nasdaq fell 137 points to 15,...

Stocks Pare Losses, Remain Up for the Week
Stocks Pare Losses,
Remain Up for the Week
MARKETS
Sep 16, 2021 3:20 PM CDT

Stocks Pare Losses, Remain Up for the Week

But both Dow and S&P register declines for the day

(Newser) - Stocks recovered from a midday slump, keeping major indexes in the green for the week. The market started strong on Thursday after a surprisingly good retail sales report for August, but then quickly turned lower and remained there for much of the day. However, by late afternoon, major indexes had...

Reports of China Crackdown Hit Gambling Stocks Hard

Tech, energy stocks lead S&P 500 to biggest gain since August

(Newser) - Stocks closed solidly higher Wednesday, shaking off some recent doldrums and giving the S&P 500 its biggest daily gain since late August. Energy companies did particularly well as prices for crude oil and natural gas climbed, and Microsoft helped pull the tech sector higher after announcing a dividend increase...

Markets Slump Despite Good News on Inflation
Markets Slump Despite
Good News on Inflation
MARKETS
Sep 14, 2021 3:43 PM CDT

Markets Slump Despite Good News on Inflation

Dow dropped 292 points

(Newser) - Stocks went back to falling on Wall Street Tuesday after a blip higher the day before, giving the S&P 500 its sixth loss in the last seven trading days. The benchmark index lost 0.6%. The market had started higher after the latest data on inflation came in better...

Boeing Supplier Up 4.7% After Feds Boost Support

Markets are recovering from weeklong slump

(Newser) - Stocks managed to end a wobbly day mostly higher on Wall Street Monday as the market regroups after its biggest weekly drop since June. The S&P 500 shook off an afternoon slump and edged up 0.2%, the Dow Jones Industrial Average added 0.8% and the Nasdaq slipped...

5 Days in a Row: Dow Can&#39;t Stop Skid
5 Days in a Row:
Dow Can't Stop Skid
MARKETS
Sep 10, 2021 3:04 PM CDT

5 Days in a Row: Dow Can't Stop Skid

Markets wrap up a lousy week

(Newser) - At one point Friday morning, the Dow was up nearly 200 points, notes CNBC . But by the time the closing bell rang, all those gains had been erased en route to a five-day losing streak. Health care, technology, and communications stocks in particular weighed on the market, per the AP...

Markets Can&#39;t Pull Out of Latest Slide
Markets Can't Pull Out
of Latest Slide
MARKETS
Sep 9, 2021 3:20 PM CDT

Markets Can't Pull Out of Latest Slide

Major indexes retreat again

(Newser) - Stocks closed lower again Thursday after a day of choppy trading as investors continue assessing the pace of economic growth. The holiday-shortened week has given investors several reports, some conflicting, to review for clues on the direction of the economy's recovery, per the AP . The Dow fell 151 points...

Stocks Dip After Fed Says Economy &#39;Downshifted&#39;
Stocks Drop After Fed
Releases 'Beige Book'
MARKETS
Sep 8, 2021 3:42 PM CDT

Stocks Drop After Fed Releases 'Beige Book'

Economy 'downshifted' over the summer

(Newser) - Stocks closed lower on Wall Street Wednesday following a Federal Reserve report that shows US economic activity slowed this summer amid rising worries over resurgent coronavirus cases and mounting supply chain problems and labor shortages. The Fed’s latest survey of the nation’s business conditions, dubbed the “Beige...

Dow Falls 269 Points as Market Digests Jobs Report

But Nasdaq hit a new record high

(Newser) - Stocks closed mostly lower on Wall Street Tuesday as traders returned from the Labor Day holiday, even as gains for some Big Tech companies nudged the Nasdaq composite barely higher. The benchmark S&P 500 slipped 0.3%. Meanwhile gains for Apple, Facebook, and a few other tech heavyweights nudged...

Weak Jobs Report Puts Damper on Wall Street
Weak Jobs Report Puts
Damper on Wall Street
MARKETS
Sep 3, 2021 3:17 PM CDT

Weak Jobs Report Puts Damper on Wall Street

S&P is flat, but Dow slips 74

(Newser) - A disappointing jobs report led to a not-so-great day on Wall Street. The Dow fell 74 points to 35,369, the S&P 500 slipped a single point to 4,535, and the Nasdaq managed to gain 32 points to 15,363. The Labor Department said Friday that employers added...

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