stock market

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Markets Edge Up as Restrictions Relaxed
Oil Prices Jump as
Restrictions Relaxed
MARKETS
May 5, 2020 3:52 PM CDT

Oil Prices Jump as Restrictions Relaxed

Dow Jones, S&P 500 edge upward

(Newser) - Stocks closed broadly higher on Wall Street Tuesday as more countries relaxed restrictions on businesses, raising hopes for a recovery from the historic plunge that is sweeping the global economy. The S&P 500 rose 0.9% after losing about half of its early gains in a late-afternoon burst of...

Airline Stocks Nosedive After Buffett Move
Airline Stocks Nosedive
After Buffett Move
MARKETS
May 4, 2020 4:02 PM CDT

Airline Stocks Nosedive After Buffett Move

But market held steady after tech gains

(Newser) - Stock markets held steady Monday after gains in technology firms offset major losses in airlines following Warren Buffett's announcement Saturday that he is dumping all his airline shares . Netflix was up by 3.1% and Microsoft rose 2.45%, while Amazon, Apple, and Facebook saw smaller gains, CNBC reports....

After Great April, Stocks Start May With a Thud

Dow falls more than 600 points

(Newser) - Stocks fell Friday after Amazon and other big companies laid out how the coronavirus pandemic is hitting their bottom lines. A day after closing out its best month since 1987, the S&P 500 dropped 81 points, or 2.8%, to 2,830. Meanwhile, the Dow fell 622 points, or...

Stocks Fall, but Wrap Up Strongest Month in Decades

S&P 500 rises nearly 13% in April

(Newser) - Stocks fell on Wall Street Thursday after more reports made clear the worldwide devastation the coronavirus outbreak is causing for the economy, per the AP . The Dow dropped 288 points to 24,345, the S&P 500 dropped 27 points to 2,912, and the Nasdaq fell 25 points to...

Stocks Surge After Possible Virus Breakthrough
Stocks Surge After
Possible Virus Breakthrough
MARKETS
Apr 29, 2020 3:35 PM CDT

Stocks Surge After Possible Virus Breakthrough

Investors looked past troubling figures on US economy

(Newser) - Stocks around the world whipped higher Wednesday, riding a wave of optimism on encouraging data about a possible treatment for COVID-19. The upswell of hope was so strong that investors completely sidestepped a report showing the outbreak drove the US economy to its worst quarterly performance since the Great Recession,...

Tech Stocks Sag on Mixed Day for Wall Street
Dow's Winning Streak 
Ends as Tech Stocks Drop
MARKETS
Apr 28, 2020 3:46 PM CDT

Dow's Winning Streak Ends as Tech Stocks Drop

Microsoft, Apple, Amazon all finished down

(Newser) - Stocks ended lower on Wall Street Tuesday after an early gain evaporated, snapping the market's two-day winning streak. The losses were led by companies that have been investor favorites including Microsoft, Apple, and Amazon, the AP reports. The S&P 500 fell 0.5% Tuesday and the Nasdaq, which...

Markets End Wild Week With a Solid Gain
Markets End Wild Week
With a Solid Gain
MARKETS
Apr 24, 2020 3:05 PM CDT

Markets End Wild Week With a Solid Gain

Dow is up 250 points

(Newser) - Stocks ended the week with a strong afternoon push to end solidly in positive territory. Friday’s trading in US markets offered a soothing coda to what’s been a wild week. From Monday’s astonishing plummet for oil to Thursday’s sudden disappearance of a morning stock rally, markets...

Early Rally Fades, Leaves Markets Flat
Early Rally Fades,
Leaves Markets Flat
MARKETS
Apr 23, 2020 3:10 PM CDT

Early Rally Fades, Leaves Markets Flat

Dow ticks up 39

(Newser) - The stock market ended another turbulent day more or less where it started after an early rally got washed away, per the AP . The S&P 500 ended with a tiny loss Thursday, having given up an early gain of 1.6%. The market’s latest bumpy ride shows how...

Democrat Overseeing $500B: Sorry for My Stock 'Mistake'

Donna Shalala failed to report transactions

(Newser) - The one House Democrat on a committee overseeing $500 billion for companies affected by the pandemic has apologized over her own financial blunders. Rep. Donna Shalala says she sold stocks last year to avoid any conflict of interest, but violated the STOCK Act by failing to report the transactions within...

Price of Oil Drops Below Zero
Oil Futures Drop
Below Zero for First Time
markets
Apr 20, 2020 2:40 PM CDT

Oil Futures Drop Below Zero for First Time

And the Dow falls about 600 points

(Newser) - It's been a historic day in the financial markets: Oil futures plunged below zero Monday for the first time as demand for energy collapsed amid the coronavirus pandemic. The plunge led to a drop in stocks, too: The Dow fell 592 points, or 2.4%, to 23,650; the...

Short Sellers Are Aggressively Betting Against the Market

They think stocks are in for another big fall

(Newser) - Stocks were down Monday morning, but the dip follows two straight weeks of gains on Wall Street. So are the crazy declines from the coronavirus outbreak behind us? Not in the eyes of short sellers, reports the Wall Street Journal . They're betting against the market more aggressively than they...

S&amp;P Has First Consecutive Weekly Gain Since Selloff
Dow Reclaims 24K
MARKETS
Apr 17, 2020 3:04 PM CDT

Dow Reclaims 24K

S&P posts consecutive weekly gains, first time since selloff began

(Newser) - Stocks rallied on Friday as investors latched onto strands of hope about progress in the fight against the coronavirus. The Dow rose 704 points to 24,242, the S&P 500 rose 75 points to 2,874, and the Nasdaq rose 117 points to 8,650. The Dow and S&...

Stocks Rise Slightly Despite Jobs Report
Stocks Rise Slightly
Despite Jobs Report
MARKETS
Apr 16, 2020 3:05 PM CDT

Stocks Rise Slightly Despite Jobs Report

Companies hit hardest by pandemic take biggest hits

(Newser) - Stock indexes ended a wobbly day with modest gains Thursday, while the biggest increases went to Amazon, Netflix, and other companies poised to do the best during the coronavirus shutdown. The S&P 500 rose 0.6% after flipping between small gains and losses all day, the AP reports. The...

Dow Jones Climbs Higher as States Talk Reopening
Talk of Reopening States
Gives Dow a Boost
MARKETS
Apr 14, 2020 3:30 PM CDT

Talk of Reopening States Gives Dow a Boost

Tech stocks powered 558-point gain

(Newser) - Technology companies led stocks higher on Wall Street Tuesday as investors focused on how and when authorities may begin to ease business shutdowns and limits on people’s movements imposed to slow the spread of the coronavirus. Big companies also started reporting their first-quarter earnings, giving investors an early peek...

Stocks Fall as Investors Brace for Earnings Reports

They start on Tuesday

(Newser) - Stocks generally closed lower on Wall Street Monday as investors braced for what is likely to be a tough week for company earnings because of the coronavirus outbreak. Major banks and other companies will start reporting their earnings this week, including JPMorgan Chase, which releases its report early Tuesday, per...

Wall Street Just Wrapped Up a Monster Week

S&P rose 12%, best jump since 1974; markets closed on Friday

(Newser) - The S&P 500 index closed out its best week since 1974 with another gain Thursday after the Federal Reserve launched its latest unprecedented effort to support the economy through the coronavirus outbreak, per the AP . (The stock market is closed on Friday to mark Good Friday.) For the...

Dow Opens Up 300
A 'Tentative Climb' at
the Open for the Dow
MARKETS
Apr 8, 2020 8:52 AM CDT

A 'Tentative Climb' at the Open for the Dow

Starts the day up 300 points

(Newser) - Dr. Anthony Fauci offered words of encouragement on Wednesday, and the markets took notice. CNBC reports the Dow opened up 300 points, or 1.4% and just below 23,000, after Fauci indicated a coronavirus turnaround could come into play next week. The S&P 500 and Nasdaq both rose...

Dow Sags 26 Points on Quick Plunge in Oil Prices

Major indexes were up 3% earlier in the day

(Newser) - A rally on Wall Street evaporated after the price of crude oil took a sudden turn lower, deflating gains in the energy sector. Major indexes ended slightly lower Tuesday after being up more than 3% earlier, reports the AP . The market was coming off an even bigger gain of 7%...

Stock Market Off to Another Strong Start
Dow Off to Another
Strong Start
Apr 7, 2020 8:43 AM CDT

Dow Off to Another Strong Start

Index rises 800 points at the open

(Newser) - Monday's optimism on Wall Street is carrying into another day. The Dow rose 800 points at the open Tuesday, more than 3%, reports CNBC . The S&P 500 and the Nasdaq also were up more than 2%. Once again, investors seem optimistic that the coronavirus outbreak was slowing around...

Markets Surge 7% on Glimmers of Hope
Markets Surge 7%
on Glimmers of Hope
MARKETS
Apr 6, 2020 3:18 PM CDT

Markets Surge 7% on Glimmers of Hope

Deadliness of outbreak could be slowing in areas

(Newser) - A worldwide rally gained steam on Wall Street Monday, propelling major indexes up more than 7%, as traders cheered glimmers of hope that the deadliness of the coronavirus outbreak could be slowing in some of the hardest-hit areas. New York’s governor said the rate of increase of deaths could...

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