stock market

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Hedge Funds Take Huge Losses From GameStop Rise
Hedge Funds Take
Huge Losses From
GameStop Rise 
THE RUNDOWN
Jan 28, 2021 7:57 AM CST

Hedge Funds Take Huge Losses From GameStop Rise

White House is 'monitoring the situtation'

(Newser) - Two major players have admitted defeat in the "David and Goliath" battle over GameStop's share price—but other Goliaths have made a fortune. The stock surged to a new high of $347.51 at the close of trading Wednesday, up almost 135% for the day, making a profit...

Stocks Just Had Their Worst Day Since Before the Election

Dow plunged 633 points

(Newser) - The stock market posted its biggest drop since October Wednesday, led by declines in several Big Tech companies. The S&P 500 gave up 2.6%. The benchmark index had set a record high just two days earlier. The selling was broad, though technology giants including Facebook, Netflix, and Google’...

Private Prison Stocks Were Among Market&#39;s Biggest Losers
Biden Move Wallops
Private Prison Stocks
MARKETS
Jan 26, 2021 4:02 PM CST

Biden Move Wallops Private Prison Stocks

Administration won't be renewing contracts

(Newser) - Stocks ended lower on Wall Street Tuesday after spending most of the day in the red. The S&P 500 lost 0.15%, pulled down by losses in banks and industrial companies. Gains for some Big Tech companies like Amazon and Facebook helped keep the losses in check. Small-company stocks...

Dueling Investors Take GameStop on a Wild Ride
GameStop's Stock Price
Just Went on a Wild Ride
MARKETS
Jan 25, 2021 3:48 PM CST

GameStop's Stock Price Just Went on a Wild Ride

Small investors are taking on short-sellers

(Newser) - Wall Street ended a choppy day with mixed results Monday as the market struggled to find direction. Apple and other Big Tech stocks lurched higher, then lower, then back up again. Several of them report their latest quarterly results this week. The S&P 500 climbed 0.4%, even though...

Stocks Struggle to Mixed Finish
Stocks Struggle 
to Mixed Finish
MARKETS
Jan 22, 2021 3:10 PM CST

Stocks Struggle to Mixed Finish

Dow falls 179, while Nasdaq ticks up

(Newser) - Wall Street tapped the brakes on its record-setting rally this week, as markets worldwide took a pause on Friday. The Dow fell 179 points to 30,996, the S&P 500 fell 11 points to 3,841, and the tech-heavy Nasdaq gained 12 points to 13,543. Disappointing earnings reports...

Investors Bullish on Tech as 2 More Records Fall

Nasdaq and S&P 500 close at all-time-highs

(Newser) - The stock market ended up in mixed territory on day No. 2 of the new White House. The Dow fell 12 points to 31,117 on Thursday, but the S&P 500 rose a point to 3,853, and the Nasdaq climbed 73 points to 13,530. The latter two...

Markets Close at Record Highs on Day 1 of Biden Presidency

S&P 500 jumped 1.4%

(Newser) - Wall Street marked the dawn of President Joe Biden's administration with stocks rallying to record highs as hopes build that new leadership in Washington will mean more support for the struggling US economy. The S&P 500 rose 1.4%, topping its previous all-time high set earlier this month....

Stocks Hit All-Time Highs as Biden Inaugurated

Dow jumps more than 200 points

(Newser) - Then-President Trump often warned that stock markets would crash if Joe Biden was elected president—but that definitely wasn't the case after the election, or when Biden was sworn in Wednesday. The S&P 500 and Nasdaq hit all-time highs in trading Wednesday and the Dow Jones Industrial Average...

Momentum Returns to Wall St.
Wall Street Rally
Is Back on Track
MARKETS
Jan 19, 2021 3:26 PM CST

Wall Street Rally Is Back on Track

Dow jumped 116 points to start shortened week

(Newser) - Stocks closed higher on Wall Street Tuesday, recovering some of last week’s losses and pulling closer to their record highs. The S&P 500 rose 0.8% Tuesday and got back within 1% of its record set earlier this month. Markets have been rising on enthusiasm about a coming...

COVID Stimulus Fails to Deliver Jolt to Market
COVID Stimulus Fails
to Deliver Jolt to Market
MARKETS
Jan 15, 2021 3:04 PM CST

COVID Stimulus Fails to Deliver Jolt to Market

Indexes fall, having already priced in the Biden plan

(Newser) - Stocks fell on Friday after reports showed the pandemic is deepening the hole for the economy, even as Washington prepares to throw it another lifeline, per the AP . The Dow fell 177 points to 30,814, the S&P 500 fell 27 points to 3,768, and the Nasdaq fell...

Markets Can't Wait to Hear Biden Plan on Stimulus

Another grim report on unemployment helps put the Dow into the red

(Newser) - Stocks ended in negative territory on Thursday after another bleak report on US unemployment. The Dow fell 68 points to 30,991, the S&P 500 fell 14 points to 3,795, and the Nasdaq fell 16 points to 13,112. The modest declines came after the Labor Department reported...

Big Tech Stocks Help S&amp;P 500 Drift Upward
Big Tech Stocks 
Help S&P 500
Drift Upward
MARKETS
Jan 13, 2021 4:10 PM CST

Big Tech Stocks Help S&P 500 Drift Upward

Bond auction pulled Treasury yields lower

(Newser) - Stocks notched modest gains Wednesday following another choppy day of trading on Wall Street, leaving the market near its recent record highs. The S&P 500 inched up 0.2% after flipping between small gains and losses in the early going. Gains in several Big Tech companies, including Intel, Apple,...

Markets Edge Upward, With Focus on &#39;Value Stocks&#39;
Investors Switch Focus
to 'Value Stocks'
MARKETS
Jan 12, 2021 3:50 PM CST

Investors Switch Focus to 'Value Stocks'

Markets edge upward, led by smaller companies

(Newser) - Stocks shook off a midday slide and ended broadly higher on Wall Street. The S&P 500 edged up less than 0.1% Tuesday. Small-company stocks continued to outpace the rest of the market by a wide margin, a sign that investors are becoming more optimistic about an economic rebound....

Stocks Slip, Ending 4-Day Winning Streak
Stocks Slip, Ending
4-Day Winning Streak
MARKETS
Jan 11, 2021 3:30 PM CST

Stocks Slip, Ending 4-Day Winning Streak

Investors shrugged off a lot of bad news last week

(Newser) - Stocks closed lower on Wall Street Monday as trading cools in markets around the world following record-setting runs. The S&P 500 fell 0.7%, breaking a four-day winning streak. Analysts said a pullback was no surprise following the big rally recently for everything from stocks to bond yields to...

Wall Street Rises Again Despite Weak Jobs Report

Nasdaq continues its push into record territory

(Newser) - Wall Street had a seesaw session but ended the day in positive territory. The Dow rose 56 points to 31,097, the S&P 500 rose 20 points to 3,824, and the Nasdaq continued its strong push into record territory by rising 134 points to 13,201. All this...

For Tech-Heavy Nasdaq, It&#39;s a Milestone Day
For Tech-Heavy Nasdaq,
It's a Milestone Day
MARKETS
Jan 7, 2021 3:08 PM CST

For Tech-Heavy Nasdaq, It's a Milestone Day

Index closes above 13K for the first time

(Newser) - Wall Street kept pushing into record territory on Thursday despite the chaos in Washington. The Dow rose 211 points (0.6%) to 31,041, the S&P 500 rose 55 points (1.4%) to 3,803, and the Nasdaq surged 326 points (2.5%) to 13,067. That's the...

Despite DC Chaos, Stocks Rally on Hopes of Senate Turnover

Investors are shifting away from big tech stocks

(Newser) - Wall Street rallied Wednesday on expectations of more stimulus for the economy, the AP reports, although the enthusiasm was dampened by chaotic scenes in Washington as pro-Trump protesters stormed the US Capitol. The S&P 500 rose 0.6%, giving up much of an earlier rally, while the Dow Jones...

Stocks Claw Back Losses After Monday&#39;s Slide
Bull Is 'Not Ready to
Wind Down Just Yet'
MARKETS
Jan 5, 2021 4:21 PM CST

Bull Is 'Not Ready to Wind Down Just Yet'

Stocks claw back some of Monday's losses

(Newser) - Stocks closed broadly higher on Wall Street Tuesday, regaining their footing a day after suffering their worst loss in months amid the worsening pandemic and potentially market-moving Senate elections. The S&P 500 rose 0.7%, recovering about half of the index's losses from a day earlier. The majority...

2021 Is Off to a &#39;Wobbly Start&#39; on Wall Street
'We've Got a Wobbly
Start to the Year Here'
MARKETS
Jan 4, 2021 3:41 PM CST

'We've Got a Wobbly Start to the Year Here'

S&P 500 drops 1.5% as virus surges worldwide

(Newser) - Us stocks pulled back from their recent record highs Monday, as big swings returned to Wall Street at the onset of a year where the dominant expectation is for a powerful economic rebound to sweep the world. The S&P 500, which ended 2020 at an all-time high, slid 1....

2021 Hopes Take Hold Early
2021 Hopes Take Hold Early
MARKETS
Dec 31, 2020 4:15 PM CST

2021 Hopes Take Hold Early

Chaotic year has a solid finish

(Newser) - The S&P 500 and the Dow Jones Industrial Average ended 2020 at more record highs Thursday, closing out one of the most tumultuous years in recent memory. The S&P 500 rose 24.03 points, or 0.6%, to 3,756.07, ending the year up 16%, or roughly...

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