stock market

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Tech Firms Again Put a Damper on Wall Street

Dow falls 130

(Newser) - The stock market had a rough day on Thursday, with big tech stocks leading the fall. For the day, the Dow fell 130 points to 27,901, the S&P 500 fell 28 points to 3,357, and the Nasdaq fell 140 points to 10,910. Facebook and Amazon were...

Stocks Close Lower Despite Fed Decision
Stocks Close Lower
Despite Fed Decision
MARKETS

Stocks Close Lower Despite Fed Decision

Brief rally ran out of steam

(Newser) - Stock indexes closed lower on Wall Street Wednesday after a getting a brief boost from the Federal Reserve’s decision to leave interest rates unchanged at nearly zero. The central bank also issued a less dire outlook for economic growth and unemployment. The S&P 500 was down 0.5%...

Tech Stocks Pull Markets Higher
Tech Stocks Are
Climbing Again
MARKETS

Tech Stocks Are Climbing Again

They helped pull markets higher Tuesday

(Newser) - Stocks overcame a late-afternoon burst of selling and closed higher Tuesday, as gains in big technology companies outweighed losses in banks and elsewhere in the market. The S&P 500 rose 0.5% after being up 1.1% earlier. It's the second straight sizable gains for the benchmark index...

Wall Street Gains After Surge in Corporate Deals
Surge in Dealmaking 
Gives Wall St. a Boost
MARKETS

Surge in Dealmaking Gives Wall St. a Boost

Markets have clawed back some of last week's losses

(Newser) - Wall Street kicked off the week with a broad rally Monday, clawing back much of the stock market's losses from last week.The S&P 500 rose 1.3%, led by gains in technology, health care and financial stocks. Small company stocks were among the biggest gainers. The rally...

Turbulent Week Ends in Fitting Fashion
Turbulent Week Ends
in Fitting Fashion
MARKETS

Turbulent Week Ends in Fitting Fashion

Markets are mixed after another up-and-down day of trading

(Newser) - Wall Street has had a volatile week, so it's only fitting that it ended with a volatile day. After wild swings Friday, the markets ended in decidedly mixed fashion: The Dow rose 131 points to 27,665, the S&P 500 edged up 1 point to 3,340, and...

Wall Street Does a 180 After Strong Start
Wall Street Does a 180
After Strong Start
MARKETS

Wall Street Does a 180 After Strong Start

Dow falls more than 400 as tech selloff continues

(Newser) - Wall Street's strong Wednesday now looks like an anomaly. The stock market started off in positive territory Thursday morning but resumed its recent downward trend later in the day as tech stocks in particular got roughed up, reports CNBC . The Dow fell 405 points, or 1.4%, to 27,...

Dow Up 439 Points s as Tech Stocks Bounce Back
Dow Jumps 439 Points
as Tech Stocks Rebound
MARKETS

Dow Jumps 439 Points as Tech Stocks Rebound

'We were due for a bounce'

(Newser) - Wall Street snapped back Wednesday from its recent tumble, as the bloodletting for big technology stocks came to at least a temporary halt. Apple, Amazon, Zoom Video Communications, and other tech companies that suddenly lost their momentum late last week on worries their stocks soared too high all regained some...

Dow Drops 632 Points as Tech Stocks Slump
Dow Drops 632 Points
as Tech Stocks Slump
MARKETS

Dow Drops 632 Points as Tech Stocks Slump

Nasdaq is down 10% over 3 trading days

(Newser) - Big technology stocks tumbled again on Tuesday, continuing the Icarus-like flight path for companies that just a week ago were the high-flyers carrying Wall Street to record heights. The S&P 500 fell 95.12, or 2.8%, to 3,331.84 and clinched its first three-day losing streak in...

Stocks Surge in Europe as Asian Markets Struggle

US markets are closed for Labor Day

(Newser) - European stocks rallied on Monday after a mixed close in Asia, while Wall Street remained closed for Labor Day after turning in its biggest weekly decline in more than two months. In Europe, the FTSE 100 in London rose 2.4% to close at 5,937.40 and Frankfurt's...

Markets Wrap Up Wild 2 Days of Trading
Dramatic Trading Week
Comes to a Close
MARKETS

Dramatic Trading Week Comes to a Close

Late rally helps the Dow reclaim some lost ground

(Newser) - The closing bell on Friday brought to a close a week of a dramatic trading. On Friday, for example, the Dow was down more than 600 points at one point before a late rally—led by tech stocks—helped wipe out much of the losses, reports CNBC . And that came...

Stock Market&#39;s Selloff Continues
Stock Market's
Selloff Continues

Stock Market's Selloff Continues

Thursday's rout extends into Friday

(Newser) - If you were hoping Wall Street would rebound on Friday from Thursday's big selloff , then you might want to skip the financial news this morning. Around midday, it was clear that the rout was continuing: The Dow was down about 580 points, or 2%; the S&P 500 was...

Market Just Had Its Worst Day in Weeks

Nasdaq is down nearly 5%

(Newser) - A rough morning on Wall Street only got worse as the day went on. By the closing bell, the market—and tech stocks in particular—had suffered its worst day in weeks, reports the Wall Street Journal . The numbers: The Dow fell 807 points, or 2.7%, to 28,292;...

'Exhaustion' Finally Catches Up to Markets

Apple and other tech stocks lead the plunge

(Newser) - On Wednesday, the stock market had a very good day as the Dow climbed back over 29,000. Thursday is telling a much different story. The numbers around midday were bleak: The Dow was down 531 points, or nearly 2%, to 28,554; the S&P 500 was down 92...

Wall Street Just Had Its Best Day Since July
Wall Street Just Had
Its Best Day Since July
MARKETS

Wall Street Just Had Its Best Day Since July

S&P 500, Nasdaq hit new highs

(Newser) - The Dow Jones Industrial Average surged more than 450 points Wednesday as the stock market notched its best day in nearly two months. The S&P 500 rose 1.5%, its best day since July 6. The benchmark index and the Nasdaq composite each hit new highs, extending Wall Street’...

S&amp;P 500, Nasdaq Start Month With New Highs
S&P 500, Nasdaq Start
Month With New Highs
MARKETS

S&P 500, Nasdaq Start Month With New Highs

Zoom was up more than 40%

(Newser) - Wall Street kicked off September with another set of milestones Tuesday, as an afternoon rally carried the S&P 500 and Nasdaq composite to all-time highs. The S&P 500 bounced back from a modest loss in the early going to finish 0.8% higher a day after the benchmark...

Analysts Warn of 'Correction' as Stocks Edge Lower

But S&P 500 is still up 7% for the month

(Newser) - Stocks ended mostly lower on Wall Street Monday as the market gave back some of its recent gains following a five-week winning streak. The S&P 500 lost 0.2% as declines in banks and industrial stocks offset more gains for technology companies. It still managed to end August up...

Dow, S&amp;P 500 Each Notch Milestones
Dow Returns to Positive
Ground for the Year
MARKETS

Dow Returns to Positive Ground for the Year

S&P has 5th straight winning week en route to new high

(Newser) - The stock market wrapped up another strong week Friday with some notable milestones. The Dow rose 161 points to 28,653, putting it back into positive territory for 2020, reports CNBC . And the S&P 500 rose 23 points to 3,507, another new high that marked its fifth straight...

Dow Is Close to Positive Territory for 2020
Shift on Interest Rates
Gives Dow a Lift
MARKETS

Shift on Interest Rates Gives Dow a Lift

Index is now closing in on positive territory for the year

(Newser) - This might not have seemed possible in the worst of the pandemic, but the Dow is now closing in on positive territory for 2020, reports CNBC . Thanks to a policy shift by the Fed that should keep interest rates low, the Dow rose 160 points to 28,492 on Thursday....

Massive Tech Profits Lift S&amp;P 500 to New High
Massive Tech Profits
Lift S&P 500 to New High
MARKETS

Massive Tech Profits Lift S&P 500 to New High

Index rose despite falls in many sectors

(Newser) - More blowout profit reports from big tech companies pushed the S&P 500 to another record high on Wednesday. The benchmark index rose 1%, even though most of the stocks within it fell. Tech stocks accounted for the lion’s share of the gains. The S&P 500 gained 35....

S&amp;P 500 Hits Another Record High
S&P 500 Hits
Another Record High
MARKETS

S&P 500 Hits Another Record High

But Dow was down after mixed day for markets

(Newser) - Stocks were mixed on Wall Street Tuesday, but gains were strong enough for tech companies and other pockets of the market to carry the S&P 500 to its fourth straight gain and another record high. The benchmark index rose 12.34, or 0.4%, to 3,443.62, even...

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