Dow Jones – News Stories About Dow Jones - Page 39

Tech Is Making Up for Wall Street Weakness

Caution Is in the Air
Despite Tech Gains

markets

Jul 8, 2020 3:40 PM CDT

Caution Is in the Air Despite Tech Gains

Nasdaq hits another record high

(Newser) - US stock indexes drifted higher on Wednesday, as more gains for big tech companies helped make up for weakness elsewhere across Wall Street, the AP reports. Treasury yields and oil prices were also holding relatively steady. But caution still hung over markets, as gold nudged toward its highest price since...

Markets Drop After
Sobering News
From Europe

MARKETS

Jul 7, 2020 4:43 PM CDT

Markets Drop After Sobering News From Europe

EU says recession will be deeper than forecast

(Newser) - Technology companies and banks led stocks broadly lower on Wall Street Tuesday, as the market gave back some of the big gains it made the past couple of weeks. The sell-off snapped the S&P 500 index’s five-day winning streak. Bond yields fell and the price of gold rose,...

Dow Surges Almost
460 Points Amid
Mounting Optimism

MARKETS

Jul 6, 2020 3:48 PM CDT

Dow Surges Almost 460 Points Amid Mounting Optimism

'The economic damage isn’t going to be as dire and severe as was initially predicted'

(Newser) - Stocks closed broadly higher on Wall Street Monday, reflecting investor optimism that the economy can continue its turnaround despite all the challenges ahead of it. Technology companies accounted for a big slice of the gains, which helped to push the Nasdaq to another all-time high, the AP reports. Only utilities...

A Day After Making
History, the Dow Dips

markets

Jul 1, 2020 3:42 PM CDT

A Day After Making History, the Dow Dips

It's a mixed day on Wall Street despite technology gains

(Newser) - Stocks are winding up with a mixed finish on Wall Street, even as gains for technology stocks pushed the Nasdaq to another record close, the AP reports. The Dow edged lower Wednesday but the S&P 500 rose 0.5%, a day after wrapping up its best quarter since 1998....

Stocks Just Had Their
Best Quarter Since 1998

MARKETS

Jun 30, 2020 3:58 PM CDT

Stocks Just Had Their Best Quarter Since 1998

It followed the worst quarter since the financial crisis

(Newser) - Wall Street closed out its best quarter since 1998 with more gains Tuesday but still well below the record high it reached in February, before the coronavirus pandemic ground the economy to a halt and millions of people lost their jobs. The S&P 500 gained 1.5%, bringing its...

Markets Bounce Back After
Strong Housing Report

MARKETS

Jun 29, 2020 4:11 PM CDT

Markets Bounce Back After Strong Housing Report

They clawed back half of last week's losses

(Newser) - Stocks closed higher on Wall Street Monday, clawing back half of their losses from last week. The S&P 500 rose 1.5%. The index shook off a wobbly start and drove decisively higher after a much healthier-than-expected report on the housing market. Among big-name companies, Boeing and Apple did...

Stocks Slide as
COVID Cases Surge

MARKETS

Jun 24, 2020 4:01 PM CDT

Stocks Slide as COVID Cases Surge

Dow was down 710 points

(Newser) - Wall Street's recent rally hit a snag Wednesday as new coronavirus cases in the US climbed to the highest level in two months, dimming investors’ hopes for a relatively quick economic turnaround. The S&P 500 skidded 2.6%, shedding its gains for the week and leaving it nearly...

Nasdaq Sets New Record

MARKETS

Jun 22, 2020 4:41 PM CDT

Nasdaq Sets New Record

Other indexes also saw solid gains

(Newser) - Stocks on Wall Street shook off a choppy start and closed higher Monday, extending the market's gains from last week. The initial drop followed weakness in overseas markets as the global tally of coronavirus infections approached 9 million. Technology companies led the way, outweighing losses in health care and...

Dow Jumps
More Than
500 Points

MARKETS

Jun 16, 2020 4:19 PM CDT

Dow Jumps More Than 500 Points

Markets rallied after encouraging figures on retail sales

(Newser) - Stocks rose on Wall Street, notching their third gain in a row, after US retail sales rebounded last month by much more than economists were expecting. The S&P 500 climbed 1.9% Tuesday in another volatile day. The spending data bolstered hopes that the economy can pull out of...

Wall Street Bounces Back
After Latest News From Fed

MARKETS

Jun 15, 2020 3:59 PM CDT

Wall Street Bounces Back After Latest News From Fed

'Volatility is here to stay, at least for a little while'

(Newser) - It took just a few hours for fear to turn back into greed on Wall Street Monday, and stocks erased a sharp, early slump to notch healthy gains after the Federal Reserve unveiled its latest push to prop up the economy, the AP reports. The S&P 500 climbed 0....

Wall Street Hits the Brakes

MARKETS

Jun 9, 2020 4:08 PM CDT

Wall Street Hits the Brakes

S&P 500 back in the red for 2020

(Newser) - Wall Street hit the brakes Tuesday, a day after its remarkable, weekslong rally brought the S&P 500 back to positive for the year and the Nasdaq to a record high. The benchmark index fell 0.8%, its largest loss in almost three weeks, as traders cashed in on some...

Nasdaq Rises Above
Pre-COVID High

MARKETS

Jun 8, 2020 3:58 PM CDT

Nasdaq Rises Above Pre-COVID High

S&P 500 hit its highest level since February

(Newser) - Wall Street’s enthusiasm about the reopening economy sent stocks scrambling even higher on Monday, and the Nasdaq composite wiped away the last of its coronavirus-induced losses to set a record. The S&P 500, which dictates how more 401(k) accounts perform, climbed back within 4.5% of its own...

Stocks Extend Gains
for 3rd Straight Day

MARKETS

Jun 2, 2020 4:26 PM CDT

Stocks Extend Gains for 3rd Straight Day

NASA astronauts rang Nasdaq opening bell

(Newser) - Stocks closed broadly higher on Wall Street Tuesday, extending the market's winning streak to a third day. The latest gains, which followed a rally in global stocks, were driven by optimism that the global economy will begin to recover as governments gradually allow businesses that were closed due to...

Stocks Surge as NYSE
Partially Reopens

MARKETS

May 26, 2020 4:02 PM CDT

Stocks Surge as NYSE Partially Reopens

Dow, S&P hit highest levels since March

(Newser) - Stocks closed higher on Wall Street Tuesday, driving the S&P 500 and Dow Jones Industrial Average to their highest levels in nearly three months as optimism over the reopening of the economy overshadowed lingering worries about the pandemic. The S&P 500 rose 1.2%, for a time climbing...

Dow Slumps After Results
From Big Retailers

MARKETS

May 19, 2020 4:32 PM CDT

Dow Slumps After Results From Big Retailers

Markets erased some of Monday's gains

(Newser) - A late-day slide left stocks broadly lower on Wall Street Tuesday, as the market gave back some of the ground it gained in a big rally a day earlier . Losses in banks, health care stocks, and household goods companies accounted for a big portion of the selling, the AP reports....

Dow Surges 963 Points After
Encouraging Vaccine Results

MARKETS

May 18, 2020 4:23 PM CDT

Dow Surges 963 Points After Encouraging Vaccine Results

Markets had their best day since early April

(Newser) - The stock market bounced back from its worst week in nearly two months Monday as optimism about a potential vaccine for the coronavirus and hopes for a US economic recovery in the second half of the year put investors in a buying mood. The S&P 500 climbed 3.2%,...

Wall Street Just Had
Its Worst Day This Month

MARKETS

May 12, 2020 3:57 PM CDT

Wall Street Just Had Its Worst Day This Month

Investors have got the reopening jitters

(Newser) - Worries about the downside of reopening the economy too soon are weighing on markets, and Wall Street fell Tuesday to its biggest loss since the start of the month. The S&P 500 dropped 2.1% after spending much of the day drifting between small gains and losses, as investors...

Banks Down, Health Stocks
Up in Mixed Day for Wall St.

MARKETS

May 11, 2020 4:10 PM CDT

Banks Down, Health Stocks Up in Mixed Day for Wall St.

Major indexes mostly erased early losses

(Newser) - Major stock indexes erased much of their early losses, leaving the market mixed at the end of trading Monday. Companies whose fortunes are most closely linked to how well the economy is doing took the biggest losses, including banks, energy, and basic materials companies, the AP reports. The S&P...

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

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....