stock market

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Fed's First Rate Cut in Years Didn't Lift Markets

Intuitive Machines soars 38.3% after winning NASA contract

(Newser) - US stock indexes edged lower Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.
  • The S&P 500 fell 16.32 points, or 0.3%, to 5,618.26 after a day of bobbing higher and lower.
  • T he
...

Stocks Close Near All-Time Highs Ahead of Fed Meeting

S&P 500 briefly rose above record

(Newser) - US stock indexes remained stuck in place on Tuesday as Wall Street made few big moves ahead of what's expected to be the first cut to interest rates in more than four years.
  • The S&P 500 edged up by 1.49, or less than 0.1%, to 5,
...

Dow Hits New All-Time High
Dow Hits All-Time High
Ahead of Fed Meeting
MARKETS
Sep 16, 2024 3:42 PM CDT

Dow Hits All-Time High Ahead of Fed Meeting

Traders are betting on a half-point rate cut Wednesday

(Newser) - The Dow Jones Industrial Average closed at another all-time high Monday after recouping its losses from early September. The S&P 500 rose close to its own record, but was held back by losses in Big Tech companies.
  • The Dow rose 228 points, or 0.6%, to 41,622.08.
...

Tech Companies Lift S&P in Stocks' Best Week of 2024

Broadcom, Microsoft help recover last week's losses

(Newser) - US stocks closed out their best week of the year with more gains on Friday and climbed to the cusp of their records.
  • The Dow rose 297.01 points, or 0.7%, to 41,393.78.
  • The S&P 500 rose 30.26 points, or 0.5%, to 5,626.
...

Tech Giants Rally for a Winning Day
Tech Giants Rally
for a Winning Day
MARKETS
Sep 12, 2024 3:16 PM CDT

Tech Giants Rally for a Winning Day

Dow also rises 235 points

(Newser) - US stocks rose closer to their all-time highs on Thursday following reports on the economy that came in close to expectations.
  • The Dow rose 235 points, or 0.5%, to 41,096.
  • The S&P 500 rose 41 points, or 0.7%, to 5,595, marking a four-day win streak
...

Stocks Roar Back From Morning Wipeout
Stocks Roar Back
From Morning Wipeout
MARKETS
Sep 11, 2024 3:46 PM CDT

Stocks Roar Back From Morning Wipeout

8% gain for Nvidia helped lift S&P 500

(Newser) - US stock indexes stormed back from big early drops to finish higher on Wednesday, led by a handful of highly influential Big Tech companies.
  • The S&P 500 rose 58.61 points, or 1.1%, to 5,554.13 after erasing a morning wipeout of 1.6%. A majority of
...

Oracle Jumps 11.5%
Oracle Jumps 11.5%
MARKETS
Sep 10, 2024 3:33 PM CDT

Oracle Jumps 11.5%

But gains were offset by falling bank, energy stocks

(Newser) - Stocks drifted to a mixed close on Tuesday following several weeks of sharp swings.
  • The S&P 500 rose 24.47 points, or 0.4%, to 5,495.52.
  • The Dow Jones Industrial Average fell 92.63 points, or 0.2%, to 40,736.96.
  • The Nasdaq composite rose 141.
...

Stocks Snap 4-Day Losing Streak
Stocks Snap
4-Day Losing Streak
MARKETS
Sep 9, 2024 3:41 PM CDT

Stocks Snap 4-Day Losing Streak

Palantir Technologies jumps 14% after being added to S&P 500

(Newser) - Stocks closed higher on Wall Street on Monday, ending a four-day losing streak.
  • The S&P 500 rose 62.63 points, or 1.2%, to 5,471.05. . The benchmark index is coming off its worst week in nearly a year and a half.
  • The Dow Jones Industrial Average rose
...

Most of Wall Street Slips Ahead of Jobs Report
Most of Wall Street Slips
Ahead of Jobs Report
MARKETS
Sep 5, 2024 3:08 PM CDT

Most of Wall Street Slips Ahead of Jobs Report

Dow falls more than 200 points

(Newser) - Most US stocks fell on Thursday following a mixed round of data on the economy, keeping them on track for their worst week since April, per the AP .
  • The S&P 500 slipped 16 points, or 0.3%, to 5,503, its third straight drop.
  • The Dow fell 219 points,
...

Dollar Tree Slumps 22.2%
Dollar Tree Slumps 22.2%
MARKETS
Sep 4, 2024 3:27 PM CDT

Dollar Tree Slumps 22.2%

It was also a bad day for US Steel

(Newser) - Stocks lost more ground on Wall Street Wednesday, led by declines in the technology and energy sectors.
  • The S&P 500 fell 8.86 points, or 0.2%, to 5,520.07, following a 2.1% drop a day earlier.
  • The Dow Jones Industrial Average rose 38.04 points, or
...

Wall Street Had a Rough Start to September
Wall Street Had
a Rough Start
to September
MARKETS
Sep 3, 2024 3:49 PM CDT

Wall Street Had a Rough Start to September

(Newser) - On Tuesday, US stocks tumbled to their worst day since an early August sell-off after another report raised worries about the economy's health.
  • The S&P 500 fell 119.47 points, or 2.1%, to 5,528.93 after a report showed US manufacturing shrank again in August, weighed
...

Tech Declines Counter Other Sectors' Gains
Tech Declines Counter
Other Sectors' Gains
markets
Aug 29, 2024 3:50 PM CDT

Tech Declines Counter Other Sectors' Gains

Nvidia pulls market down, slipping 6.4%

(Newser) - A late-afternoon slide by some Big Tech companies cut into Wall Street's gains Thursday, leading to a mixed finish for US stock indexes.
  • The Dow rose 243.63 points, or 0.6%, to 41,335.05.
  • The S&P 500 fell 0.22 points, or less than 0.1%,
...

It's the First Non-Tech US Company Worth $1T

Berkshire Hathway passes milestone days ahead of Warren Buffett's 94th birthday

(Newser) - Berkshire Hathaway hit a major milestone on Wednesday, two days before CEO Warren Buffett's 94th birthday. The company passed $1 trillion in market capitalization, with the price of Class A shares rising to more than $696,000, far more than the cost of the average US home, Quartz reports....

Tech Stocks Pull Market Lower
Super Micro Computer
Plummets 19%
MARKETS
Aug 28, 2024 3:24 PM CDT

Super Micro Computer Plummets 19%

Server technology firm says it is delaying filing of annual report

(Newser) - Losses for several big technology companies pulled the stock market lower on Wednesday.
  • The S&P 500 fell 33.62 points, or 0.6%, to 5,592.18, weighed down by drops in Nvidia, Apple, Microsoft, and Amazon.
  • The Dow Jones Industrial Average, which was coming off two consecutive all-time
...

Dow Inches Up to Another Record High
Paramount's
Parent Company
Drops 7.2%
MARKETS
Aug 27, 2024 3:42 PM CDT

Paramount's Parent Company Drops 7.2%

Dow inches up to another record high

(Newser) - The Dow Jones Industrial Average inched up to another record high Tuesday on a mixed day of trading for Wall Street.
  • The Dow rose 9.98 points, less than 0.1%, to 41,250.50
  • The S&P 500 rose 8.96 points, or 0.2%, to 5,625.80.
...

Dow Closes at Record High
Dow Hits a New Record High
MARKETS
Aug 26, 2024 3:46 PM CDT

Dow Hits a New Record High

But losses for Big Tech dragged Nasdaq, S&P 500 down

(Newser) - The Dow Jones Industrial Average closed at a record high on Wall Street Monday, even as losses for Big Tech companies pulled the S&P 500 and the Nasdaq composite lower.
  • The Dow rose 65.44 points, or 0.2%, to 41,240.52, enough to beat the all-time high
...

Wall Street Rallies After Powell's Interest Rate Remarks

Stocks approach their records in widespread increases

(Newser) - US stocks rallied close to their records Friday after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy.
  • The S&P 500 rose 63.97 points, or 1.1%,
...

Wall Street Takes a Breather, Awaits Powell's Words

All the major indexes fell ahead of speech by the Fed chair on Friday

(Newser) - Stocks slipped on Thursday as Wall Street counts down to its main event for the week—a speech by Federal Reserve Chair Jerome Powell coming on Friday.
  • The S&P 500 fell 50 points, or 0.8%, to 5,570.
  • The Dow fell 177 points, or 0.4%, to 40,
...

Stocks Rise After Retailers Beat Expectations
Target Jumps 11.3%
After Beating Expectations
MARKETS
Aug 21, 2024 3:40 PM CDT

Target Jumps 11.3% After Beating Expectations

But Macy's was on the losing side with 12.9% drop

(Newser) - US stocks closed higher Wednesday after more big companies delivered profit reports that topped analysts' expectations.
  • The S&P 500 rose 23.73 points, or 0.4%, to 5,620.85.
  • The Dow Jones Industrial Average rose 55.52 points, or 0.1%, to 40,890.49.
  • The Nasdaq composite
...

Stocks Snap 8-Day Winning Streak
Stocks Snap
8-Day Winning Streak
MARKETS
Aug 20, 2024 3:29 PM CDT

Stocks Snap 8-Day Winning Streak

7.2% rise for Palo Alto Networks was one of the bright spots

(Newser) - Stocks ticked lower Tuesday and snapped an eight-day winning streak, the longest of the year.
  • The S&P 500 fell 11.13 points, or 0.2%. to 5,597.12, but it's still just 1.2% below its all-time high set last month.
  • The Dow Jones Industrial Average slipped
...

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