stock market

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Big Tech Gains Nudge S&amp;P 500 to Record High
Big Tech Gains Nudge
S&P 500 to Record High
MARKETS

Big Tech Gains Nudge S&P 500 to Record High

Tech rises offset losses among banks, industrial stocks

(Newser) - Gains in several big-name tech companies including Apple helped nudge the S&P 500 to another record high Monday, even as other parts of the market faltered. The benchmark index was lower for most of the day, then turned higher in the last 10 minutes of trading, ending up 0....

S&amp;P Ekes Out Another Record Close
S&P Ekes Out 
Another Record Close
MARKETS

S&P Ekes Out Another Record Close

Dow edges up, too

(Newser) - It was a so-so day on Wall Street to cap the week. The Dow rose 13 points to 34,479, the benchmark S&P 500 ticked up 8 points to 4,247 and another record close, and the Nasdaq rose 49 points to 14,069. Technology and financial companies made...

Market Shrugs Off Report on Inflation
Market Shrugs Off
Report on Inflation
markets

Market Shrugs Off Report on Inflation

S&P closes at a record high

(Newser) - Investors have been worried about rising inflation for weeks now, but a new report showing a big jump in May didn't much faze the markets on Thursday. The Dow rose 19 points to 34,466, the S&P 500 rose 19 points to 4,239, and the Nasdaq climbed...

&#39;Meme Stocks&#39; Take a Hit in Erratic Trading
'Meme Stocks'
Take a Hit in 
Erratic Trading
MARKETS

'Meme Stocks' Take a Hit in Erratic Trading

Wendy's gave up half of its Tuesday gains

(Newser) - Stocks gave up an early gain and turned lower in the last half-hour of trading Wednesday, leaving major indexes with modest losses. The S&P 500 lost 0.2% and the Dow Jones Industrial Average gave up 0.4%. The tech-heavy Nasdaq held up somewhat better, ending down just 0....

Investors Eye New Batch of &#39;Meme Stocks&#39;
Wendy's Is Among the
Newest 'Meme Stocks'
MARKETS

Wendy's Is Among the Newest 'Meme Stocks'

Shares jumped 24.9% Tuesday

(Newser) - Major indexes closed mostly higher on Wall Street Tuesday, thanks largely to gains in a handful of Big Tech companies. Small-company stocks continued to outpace the rest of the market, while investors’ attention turned to huge gains in a new batch of "meme" stocks favored by online investors, including...

Biogen Soars 40% After FDA Approves New Drug
Biogen Soars 40% After
FDA Approves New Drug
MARKETS

Biogen Soars 40% After FDA Approves New Drug

Firm was biggest gainer in S&P 500

(Newser) - Stocks clawed back much of their early losses and ended mixed on Wall Street Monday. The S&P 500 slipped less than 0.1% and the Nasdaq rose 0.5%. The subdued opening to the week follows several choppy weeks as investors continue to gauge the economy’s recovery and...

So-So Jobs Report Is Good News for Markets
So-So Jobs Report
Is Good News for Markets
MARKETS

So-So Jobs Report Is Good News for Markets

Major indexes rise because Fed isn't expected to pull back on efforts

(Newser) - Stocks closed higher on Wall Street Friday after a lukewarm report on the job market raised hopes the Federal Reserve will keep the accelerator floored on its support for the economy. The Dow rose 179 points to 34,756, the S&P 500 rose 37 points to 4,229, and...

Markets Dip on Eve of New Jobs Data
Markets Dip on Eve
of New Jobs Data
MARKETS

Markets Dip on Eve of New Jobs Data

Dow slips 23 points

(Newser) - The word of the day for Wall Street: wobbly. Both the AP and the Wall Street Journal use the word or a variation in describing Thursday's trading. The Dow fell 23 points to 34,577, the S&P 500 fell 15 points to 4,192, and the Nasdaq fell...

As Stock Surges, AMC Offers Investors Free Popcorn
AMC Embraces 'Meme Stock'
Status—With Free Popcorn
THE RUNDOWN

AMC Embraces 'Meme Stock' Status—With Free Popcorn

'Investor Connect' program offers them free popcorn

(Newser) - Four months after GameStop's wild ride rocked Wall Street , so-called "meme stocks" are making waves again—especially AMC Entertainment. The movie theater company's share price almost doubled Wednesday, closing at a record high for the first time since 2015, and it is up 417.8% since May...

AMC Shares Surge 95%
AMC Shares Surge 95%
MARKETS

AMC Shares Surge 95%

Depop deal makes Etsy biggest gainer in S&P 500

(Newser) - Stocks ks managed to end with modest gains on Wall Street after a day of wavering back and forth. The S&P 500 edged up 0.1% to 4,208.12 Wednesday, with help from technology stocks. The Dow Jones Industrial Average rose 25.07 points, or 0.1%, to...

AMC Stock Jumps 22%
AMC Stock Jumps 22%
MARKETS

AMC Stock Jumps 22%

Indexes were mixed after return from long weekend

(Newser) - Major indexes struggled to a mixed finish on Wall Street after giving up an early gain. The S&P 500 slipped less than 0.1% Tuesday as losses for technology and health care companies offset gains in other sectors. Elsewhere, the Nasdaq fell 0.1% while the Dow Jones Industrial...

Inflation Report Has Little Impact
Inflation Report
Has Little Impact
markets

Inflation Report Has Little Impact

Trading closes higher for the week

(Newser) - Stocks held on to modest gains Friday on Wall Street, ending the week higher for the first time in three weeks. The S&P 500 rose 3.23 points to 4,204.11, the Dow climbed 64.81 points to 34,529.45, and the Nasdaq was up 12.46...

Another Jobs Milestone Pleases Investors
Another Jobs Milestone
Pleases Investors
MARKETS

Another Jobs Milestone Pleases Investors

Markets up as jobless claims hit a pandemic low

(Newser) - More good news on the jobs front helped keep Wall Street (mostly) in positive territory on Thursday. The benchmark S&P 500 ticked up 4 points to 4,200, the Dow gained 141 points to 34,464, and the tech-heavy Nasdaq slipped a point to 13,736. Earlier in the...

Dick's Sporting Goods Reports Strong Sales, Surges 16.7%

Return of team sports gives retailer a boost

(Newser) - US stocks closed higher Wednesday as investors continued to monitor the economic recovery and rising inflation. A variety of companies that rely on consumer spending made solid gains. Dick’s Sporting Goods jumped 16.7% after reporting a surge in first-quarter sales and solid earnings as team sports returned. Urban...

Homebuilder Stocks Rise After Report on Sizzling Market
Homebuilders Were
Among Day's Hot Stocks
MARKETS

Homebuilders Were Among Day's Hot Stocks

Rises followed report on sizzling US market

(Newser) - Stocks closed lower on Wall Street, giving up an early gain and losing momentum after a solid start to the week. The S&P 500 slipped 0.2% Tuesday. Gains by several Big Tech companies helped limit the loss in the Nasdaq to less than 0.1%. Banks and energy...

Virgin Galactic Stock Jumps 28% After Landmark Flight

Major indexes rose, with tech stocks leading the way

(Newser) - Stocks closed broadly higher on Wall Street as investors regained an appetite for risk following two straight weeks of losses. The S&P 500 rose 1% Monday, with technology stocks leading the gains. Microsoft and Google’s parent company both rose more than 2%, and the tech-heavy Nasdaq rose 1....

S&amp;P Now Has a Weekly Losing Streak
S&P Now Has
a Weekly Losing Streak
MARKETS

S&P Now Has a Weekly Losing Streak

That's 2 in a row for the benchmark index

(Newser) - Wall Street has put the wraps on a turbulent week, one that saw the benchmark S&P 500 post its second consecutive weekly loss. The S&P dipped 3 points to 4,155 on Friday, the Dow rose 123 points to 34,207, and the Nasdaq fell 64 points to...

Markets Snap 3-Day Losing Streak
Markets Snap
3-Day Losing Streak
MARKETS

Markets Snap 3-Day Losing Streak

Tech stocks help, as does a good report on jobless claims

(Newser) - Good news on jobless claims and a strong day for tech stocks helped the market snap a three-day losing streak, reports the Wall Street Journal . The Dow rose 188 points, or 0.5%, to 34,084; the S&P 500 rose 43 points, or 1%, to 4,159; and the...

Stocks Drop for a 3rd Day
Stocks Drop for a 3rd Day
MARKETS

Stocks Drop for a 3rd Day

Coinbase dives 6% amid crypto sell-off

(Newser) - Stocks closed broadly lower on Wall Street Wednesday, extending the market’s downturn to a third day. The price of Bitcoin and other cryptocurrencies dropped sharply in a surge of selling . Bitcoin’s price was down 7% to just over $40,000, according to the crypto news site Coindesk, having...

AT&amp;T Was Biggest Loser in S&amp;P 500
AT&T, Discovery
Slide for a Second Day
MARKETS

AT&T, Discovery Slide for a Second Day

Late drop in tech stocks left indexes lower

(Newser) - An afternoon drop led by big technology stocks left major market indexes broadly lower on Wall Street Tuesday. The S&P 500 lost 0.9%, with most of those losses coming in the last hour of trading. Apple, Facebook, and Google’s parent company all lost 1% or more. Walmart...

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