stock market

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S&amp;P 500, Nasdaq Hit Record Highs
Stocks Start December
With Record Highs
MARKETS

Stocks Start December With Record Highs

S&P 500, Nasdaq beat records set Friday

(Newser) - Stocks scored more record highs on Wall Street Tuesday, a day after the S&P 500 closed out November with its biggest monthly gain since April. The benchmark index climbed 1.1% while the tech-heavy Nasdaq added 1.3%. Both beat the all-time highs they set on Friday. Stocks have...

Dow Jones Just Had Its Best Month Since 1987
Dow Closes Out Its
Best Month Since 1987
MARKETS

Dow Closes Out Its Best Month Since 1987

It was S&P 500's best month since April

(Newser) - Stocks pulled back slightly from their record levels Monday as Wall Street put a quiet coda on one of its most rocking months in decades. The S&P 500 fell 0.5%, but the benchmark index still clocked a surge of 10.8% for November, its biggest monthly gain since...

Wall Street Hits a New Record
On Wall Street, a New Record
markets

On Wall Street, a New Record

The S&P 500 smashes yet another ceiling in shortened session

(Newser) - The S&P 500 rose to a record high in a shortened session Friday as investors continue to look forward to the distribution of a COVID-19 vaccine and relief for the global economy, the AP reports. The benchmark index rose 8.70 points, or 0.2%, led by gains in...

Markets Fall Back From Record Highs
Markets Fall Back
From Record Highs
MARKETS

Markets Fall Back From Record Highs

Investors discouraged by economic data

(Newser) - Stocks gave back some of their recent gains Wednesday as a batch of discouraging economic data prompted investors to take a pause a day after the market's record-setting climb. The S&P 500 dropped 0.2% a day after setting an all-time high. The Dow Jones Industrial Average slipped...

Dow Smashes 30K Barrier
Dow Smashes 30K Barrier
MARKETS

Dow Smashes 30K Barrier

'We are one step closer to moving past the election uncertainty'

(Newser) - The Dow Jones Industrial Average broke through 30,000 points Tuesday as investors were encouraged by the latest progress on developing coronavirus vaccines and news that the transition of power in the US to President-elect Joe Biden will finally begin. Traders were also encouraged to see that Biden had selected...

Dow Reaches 30K for the First Time
Dow Just Hit
a Major Milestone

Dow Just Hit a Major Milestone

Index reaches 30K for the first time

(Newser) - The Dow hit 30,000 for the first time on Tuesday. The index eclipsed the mark in morning trading, and the Wall Street Journal reports that Monday's shift toward an orderly White House transition was a big factor. "This is very positive," says Luc Filip of SYZ...

Investors Are Seeing the 'Light at the End of the Tunnel'

Latest vaccine developments lifted markets

(Newser) - More encouraging news on the development of coronavirus vaccines and treatments helped power stocks higher on Wall Street Monday, as the market clawed back most of its losses from last week The S&P 500 index rose 0.6%, led by banks, energy, and industrial companies, sectors that have been...

Wall Street Tumbles Amid COVID Worries
Wall Street Tumbles
Amid COVID Worries
MARKETS

Wall Street Tumbles Amid COVID Worries

Dow falls 219

(Newser) - US stocks fell on Friday as worries about the worsening pandemic undercut growing optimism about a coming coronavirus vaccine, per the AP. The Dow dropped 219 points to 29,263, the S&P 500 fell 24 points to 3,557, and the Nasdaq fell 49 points to 11,854. Wall...

This Time, Tech Stocks Lead Wall Street to Gains
Wall Street Reverses
Early Losses
MARKETS

Wall Street Reverses Early Losses

Dow, S&P, and Nasdaq all rise

(Newser) - Wall Street shrugged off early losses and finished Thursday in positive territory. The Dow rose 44 points to 29,483, the S&P 500 rose 14 points to 3,581, and the Nasdaq rose 103 points to 11,904. One thing that helped: Democratic Minority Leader Sen. Chuck Schumer said...

Worries About Virus Surge Drag Markets Down Again

Dow was down 344 points despite good news on vaccine

(Newser) - An afternoon slump left stock indexes broadly lower on Wall Street, erasing early gains, as traders worried anew about the rapid spread of the coronavirus in the US. The S&P 500 lost 1.2%. It was up 0.3% in morning trading and small-company stocks were headed for another...

Wall Street Hits the Brakes After Record High
Amazon's Latest Move
Hits Pharmacy Stocks Hard

MARKETS

Amazon's Latest Move Hits Pharmacy Stocks Hard

Wall Street retreats from record highs

(Newser) - Stocks took a pause on Tuesday from their big rally this month that vaulted them back to record heights. Treasury yields also dipped after a report showed US shoppers spent less at retailers last month than economists expected. The numbers underscore how the coronavirus pandemic is worsening and threatening to...

Dow Closes at Record High
Dow Closes at Record High
MARKETS

Dow Closes at Record High

It jumped 470 points after Moderna vaccine news

(Newser) - The Dow Jones Industrial Average closed at a record high Monday, erasing the last of its pandemic losses, after a second drug company announced encouraging progress on developing a coronavirus vaccine. The Dow jumped 470.63 points, or 1.6%, to 29,950.44. It surpassed its prior closing record...

Dow Sees a Jump After Vaccine News
Vaccine News Has
Dow Jumping Again

Vaccine News Has Dow Jumping Again

Index is up more than 300

(Newser) - The stock market rose last week when Pfizer reported good news about its COVID vaccine. This week is starting out in similar fashion in the wake of Moderna's hopeful vaccine announcement , reports CNBC . The Dow jumped about 350 points, or 1%, to more than 29,800 in the opening...

Market Ends Week the Way It Started
Market Ends Week
the Way It Started
MARKETS

Market Ends Week the Way It Started

Dow rises 399, with the week's positive vaccine news getting the credit

(Newser) - The stock market capped a strong week with a strong finish on Friday. The Dow rose 399 points, or 1.3%, to 29,479, while the S&P 500 rose 48 points, or 1.3%, to 3,585, and the Nasdaq rose 119 points, or 1%, to 11,829. Generally,...

Vaccine Euphoria Fades on Wall Street
Fed Chief's Comments
Put a Damper on Markets
MARKETS

Fed Chief's Comments Put a Damper on Markets

Dow drops 317 after Powell speaks of economic uncertainty

(Newser) - For the stock market this week, COVID giveth and COVID taketh away. After big surges because of great news on a potential vaccine , the market dropped on Thursday amid concerns about daily, six-figure increases in US cases, reports the Wall Street Journal. The Dow fell 317 points, or 1%, to...

Wall St. Rally Loses Steam
Wall St. Rally Loses Steam
MARKETS

Wall St. Rally Loses Steam

But tech stocks clawed back some losses

(Newser) - An early rally on Wall Street lost steam by the closing bell Wednesday, leaving major indexes mixed. The S&P 500 rose 0.8%, thanks largely to gains in big technology companies. The Nasdaq rose 2% to 11,786.43, and the Dow Jones industrials edged down 0.1%, or...

Vaccine Hopes Rearrange Market's Winners, Losers

S&P dipped 0.1%; Dow rose 263 points

(Newser) - Stocks downshifted on Tuesday, a day after their powerful worldwide rally, but optimism remained high that the global economy may still be headed for a return to normal. It was the second straight day that rising hopes for a COVID-19 vaccine pushed investors to reorder which stocks they see winning...

Markets 'Suddenly Have Hope' After Vaccine News

Dow Jones surged 834 points

(Newser) - Brimming hopes that people will again return to office buildings, shopping centers, and normal life sent markets rallying worldwide on Monday, following encouraging data about a potential coronavirus vaccine. The S&P 500 rose 41.06, or 1.2%, to 3,550.50 after Pfizer said an early peek at...

Dow Smashes Record, but Zoom Is Hurting

All this after Pfizer reported hopeful news on a vaccine

(Newser) - The futures traders were right : The Dow came out of the gate on fire Monday, soaring more than 1,500 points at the open to an all-time high, reports CNBC . The great start comes after Pfizer announced that its COVID vaccine looks to be 90% effective in early results. At...

Vaccine News Has Markets Going 'Bananas'

Dow is poised to jump 5% after Pfizer announcement

(Newser) - The stock market had been poised for a decent jump on Monday, with Dow futures up 400 points in the early morning. Then came Pfizer's big news that its vaccine in late-stage trials appears to be 90% effective in preventing COVID infections. That sent futures absolutely soaring, and the...

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