stock market

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Stocks Headed for Worst Year Since 2008

The picture is even worse for cryptocurrencies

(Newser) - Friday is the last trading day in a year many on Wall Street will be glad to see the last of. Stock futures fell overnight, leaving major indexes on course for their worst year since 2008, CNBC reports. The S&P 500 dropped 19.24% in 2022, the Nasdaq plunged...

Wall Street All Smiles, at Least for a Day
Wall Street All Smiles,
at Least for a Day
MARKETS
Dec 29, 2022 3:30 PM CST

Wall Street All Smiles, at Least for a Day

Dow gains 345 points

(Newser) - It's too late for a full-blown Santa Claus rally, but the markets on Thursday at least got an “abbreviated one-day version of a Santa rally," as Louis Novellier of investing firm Navellier & Associates puts it to CNBC . The Dow rose 345 points, or 1%, to 33,...

Southwest Stock Slides for a 2nd Day
Southwest Stock
Slides for a 2nd Day
MARKETS
Dec 28, 2022 3:50 PM CST

Southwest Stock Slides for a 2nd Day

S&P 500 is headed for its worst year since 2008

(Newser) - A broad slide for stocks added to Wall Street's recent losses Wednesday, as investors count down to the end of the worst year for the S&P 500 since 2008. The S&P 500 fell 1.2%, with technology, energy, and industrial stocks among the biggest weights on the...

Tesla Slides 11.4% for Biggest Decline in S&P 500

Shanghai production issues add to automaker's woes

(Newser) - Stocks closed lower Tuesday, adding to the market's recent losses as Wall Street counts down its final days of a painful year for investors. A slide in technology companies, automakers, and airlines weighed on the market, offsetting gains in energy stocks and other sectors, the AP reports. News that...

Stocks Inch Up After Mixed Reports
Stocks Inch Up
After Mixed Reports
markets
Dec 23, 2022 3:55 PM CST

Stocks Inch Up After Mixed Reports

Analyst sees something to worry about in good or bad data

(Newser) - Stocks closed higher Friday on Wall Street following a batch of mixed news on the economy. The Dow climbed 176.44 points, or 0.5%, to 33,203. The S&P 500 rose 22.43 points, or 0.6%, to 3,844; the benchmark index still wound up with its...

Sell-Off Resumes as Major Indexes Sink
Sell-Off Resumes
as Major Indexes Sink
MARKETS
Dec 22, 2022 3:20 PM CST

Sell-Off Resumes as Major Indexes Sink

Dow falls 348 points as fears about the Fed and inflation again spook investors

(Newser) - One day after a big rally , the stock market had a pretty rough day. The Dow fell 348 points, or 1%, to 33,027; the S&P fell 56 points, or 1.4%, to 3,822; and the Nasdaq fell 233 points, or 2.1%, to 10,476. As bad...

Nike Surges 12.2% After Results Beat Expectations

Consumer confidence report gives markets a boost

(Newser) - Stocks rose on Wall Street Wednesday, lifting major indexes into the green for the week as investors welcomed a report showing consumer confidence is holding up better than expected. That’s despite the Federal Reserve’s campaign to fight inflation by reining in the economy with sharp increases in interest...

This Has Been a Stellar Year for Tesla Short Sellers

They've made around $15B betting against stock, analytics firm

(Newser) - Betting against Tesla was a ruinously bad move in 2020 and 2021, but a winner in 2022, traders say. The company's stock started 2020 trading at around $30 and it hit a peak of more than $400 in November 2021. But it sank to a two-year low of $137....

Surprise Japan Move Rattles Bond Markets
Surprise Japan Move
Rattles Bond Markets
MARKETS
Dec 20, 2022 3:50 PM CST

Surprise Japan Move Rattles Bond Markets

Tesla stock is on course for its worst-ever month

(Newser) - Stocks closed modestly higher on Wall Street Tuesday, while bond markets around the world felt pain after a surprise move from Japan’s central bank cranked the pressure even higher on the already slowing global economy. The S&P 500 rose 3.96 points, or 0.1%, to 3,821....

Stocks Drop as Investors Brace for Higher Rates
Meta Drops 4.1% After
Antitrust Accusation
MARKETS
Dec 19, 2022 3:50 PM CST

Meta Drops 4.1% After Antitrust Accusation

EU accuses Facebook's parent company of distorting competition in online ads

(Newser) - Stocks closed lower on Wall Street as investors brace for higher interest rates from central banks to fight inflation. The S&P 500 fell 34.70 points Monday, or 0.9%, to 3,817.66. The Dow Jones Industrial Average fell 162.92 points, or 0.5%, to 32,757....

&#39;Monster in the Room&#39; Sends Market Lower
'Monster in the Room'
Sends Market Lower
MARKETS
Dec 16, 2022 3:14 PM CST

'Monster in the Room' Sends Market Lower

Major indexes fall again on recession fears

(Newser) - Stocks lost more ground Friday on Wall Street as worries grow that the Federal Reserve and other central banks are willing to bring on a recession if that’s what it takes to get inflation under control. The Dow fell 281 points to 32,920, the S&P 500 fell...

It&#39;s an Ugly Day on Wall Street
An Ugly Day on Wall Street
updated
Dec 15, 2022 3:04 PM CST

An Ugly Day on Wall Street

Dow falls 764 points on weak consumer spending, fallout from Fed move

(Newser) - Ouch. The markets cratered at Thursday's opening bell and never recovered. A weak report on retail sales and worries that the Fed will keep raising rates were getting the bulk of the blame. For the day, the Dow fell 764 points, or 2.2%, to 33,202; the S&...

Stocks Slump After Fed Disappoints Investors
Stocks Slump After Fed
Disappoints Investors
MARKETS
Dec 14, 2022 4:08 PM CST

Stocks Slump After Fed Disappoints Investors

Interest rates will stay higher than markets had expected

(Newser) - Stocks ended lower in bumpy trading on Wall Street after the Federal Reserve raised its benchmark interest rate in its fight against inflation and signaled that more hikes lay ahead. As expected, the central bank raised its key short-term rate by half a percentage point Wednesday, marking its seventh increase...

Stocks Rise After Report Suggests Worst of Inflation Is Over

Moderna jumped 19.6% after delivering good news on skin cancer vaccine

(Newser) - Stocks closed higher on Wall Street Tuesday after the government reported that inflation cooled more than expected last month, cementing expectations that the Federal Reserve is about to dial down the size of its interest rate hikes. The Fed is widely expected to raise its benchmark rate a half-point Wednesday,...

Dow Jumps 529 Points Ahead of Interest Rate Hikes

Investors are predicting smaller rate hike from the Fed this week

(Newser) - Stocks closed higher on Wall Street Monday at the start of a busy week in which central banks are likely to unload the year’s final barrage of interest rate hikes meant to drive down painfully high inflation. The S&P 500 rose 56.18 points, or 1.4%, to...

Stocks Fall on New Inflation Data
Stocks Fall on New
Inflation Data
MARKETS
Dec 9, 2022 3:18 PM CST

Stocks Fall on New Inflation Data

All three major indexes slide for the week

(Newser) - Stocks moved lower on Wall Street on Friday after a report showed inflation is slowing, though not by as much as hoped. The Dow fell 305 points to 33,476, the S&P 500 fell 29 points to 3,934, and the Nasdaq fell 77 points to 11,004. All...

Stocks Rise as Prices for Crude Oil Hit 2022 Low

Activision Blizzard shares drop after FTC announcement

(Newser) - Stocks closed higher on Wall Street but remain lower for the week after five straight losses. The S&P 500 rose 0.8% Thursday and finished at 3,963.51 points, while the tech-heavy Nasdaq added 1.1% to close at 11,082.00, per CNBC . The Dow Jones Industrial...

Carvana Plunges 43% Amid Bankruptcy Fears
Carvana Plummets 43%
MARKETS
Dec 7, 2022 3:34 PM CST

Carvana Plummets 43%

Analysts say used vehicle chain's bankruptcy risk is rising

(Newser) - More weakness in tech stocks sent Wall Street mostly lower after another day of wobbly trading Wednesday. The S&P 500 fell 7.34 points, or 0.2%, to 3,933.92. The Dow Jones Industrial Average rose 1.58 points, or less than 0.1%, to 33,597.92....

Stocks Extend Losses as Traders Eye Fed&#39;s Next Movies
Disney, Apple Drop as
Stocks Extend Losses
MARKETS
Dec 6, 2022 4:05 PM CST

Disney, Apple Drop as Stocks Extend Losses

Indexes are headed for a weekly loss as traders eye Fed's next moves

(Newser) - Stocks closed broadly lower on Wall Street Tuesday, extending the market's recent string of losses, as traders ponder the Federal Reserve’s next moves in its campaign to cool stubbornly hot inflation. Roughly 80% of stocks in the S&P 500 fell, leaving the benchmark index down 57.58...

Dow Drops 483 Points After Surprisingly Strong Economic Report

Growth in services sector could lead to more Fed rate hikes

(Newser) - Stocks closed lower on Wall Street, and Treasury yields rose Monday after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation. The S&P 500 fell 72.86 points, or 1.8%, to 3,998.84. The Dow Jones Industrial Average fell 482.78 points, or...

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