stock market

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Dow Turns Negative for 2023 on Bank Worries
Dow Turns Negative
for 2023 on Bank Worries
MARKETS
May 4, 2023 3:14 PM CDT

Dow Turns Negative for 2023 on Bank Worries

Index falls 286 points

(Newser) - Stocks sank on Wall Street on Thursday as worries about the US banking system intensified:
  • The Dow fell 286 points, or 0.8%, to 33,127.
  • The S&P 500 fell 29 points, or 0.7%, to 4,061.
  • The Nasdaq fell 58 points, or 0.4%, to 11,966.
...

Stocks Drop After Fed&#39;s Latest Rate Hike
Stocks Drop After
Fed's Latest Rate Hike
MARKETS
May 3, 2023 3:54 PM CDT

Stocks Drop After Fed's Latest Rate Hike

Wall Street hopes this will be the last one

(Newser) - Stocks dipped Wednesday after the Federal Reserve announced its latest hike to interest rates but said it’s not sure what may come next. The S&P 500 fell 28.83, or 0.7%, to 4,090.75. The Dow Jones Industrial Average lost 270.29, or 0.8%, to...

Banks Tumble as Wall Street&#39;s Worries Grow
Banks Tumble
as Wall Street's
Worries Grow
MARKETS
May 2, 2023 3:42 PM CDT

Banks Tumble as Wall Street's Worries Grow

Dow drops 367 points

(Newser) - Stocks slumped Tuesday after shares of beleaguered banks tumbled again and worries worsened about the economy. Rising fear sent yields sinking in the bond market, while Wall Street waited for the Federal Reserve’s latest move on interest rates and Washington edges closer to what would be a catastrophic default...

First Republic Deal Doesn&#39;t Move Stocks
First Republic Deal
Doesn't Move Stocks
markets
May 1, 2023 4:03 PM CDT

First Republic Deal Doesn't Move Stocks

Shares of JPMorgan Chase rise 2% after purchase

(Newser) - The latest historic US banking failure made few waves in markets, and stocks drifted Monday as Wall Street braces for what it hopes will be the last hike to interest rates for a long time. The S&P 500 was virtually unchanged after regulators seized First Republic Bank and sold...

Another Spike Helps Dow to a Winning Month
Another Spike Helps
Dow to a Winning Month
MARKETS
Apr 28, 2023 3:20 PM CDT

Another Spike Helps Dow to a Winning Month

Index reclaims 34,000

(Newser) - Wall Street rose again Friday on another batch of corporate profit reports that mostly topped expectations, per the AP .
  • The S&P 500 rose 34 points, or 0.8%, to 4,169.
  • The Dow rose 272 points, or 0.8%, to 34,098.
  • The Nasdaq rose 84 points, or 0.
...

Markets Just Had Best Their Day Since January
Markets Just Had Their
Best Day Since January
MARKETS
Apr 27, 2023 3:14 PM CDT

Markets Just Had Their Best Day Since January

Facebook parent company Meta leads the way after strong earnings report

(Newser) - Wall Street logged its best day since January on Thursday after Meta Platforms—parent of Facebook—became the latest Big Tech company to blow past profit expectations.
  • The benchmark S&P 500 rose 79 points, or 1.9%, to 4,135.
  • The Dow rose 524 points, or 1.5%, to
...

Microsoft Rally Helps Limit Wall St. Losses
Big Tech Rally Helps
Stem Wall St. Losses
MARKETS
Apr 26, 2023 4:06 PM CDT

Big Tech Rally Helps Stem Wall St. Losses

First Republic Bank took another big hit

(Newser) - Wall Street closed lower again on Wednesday, though a rally for Microsoft and some other Big Tech stocks helped limit the losses. The S&P 500 dropped 15.64 points, or 0.4%, to 4,055.99. The Dow Jones Industrial Average fell 228.96, or 0.7%, to 33,...

Wall Street Just Had Its Biggest Drop in a Month
First Republic Bank
Plunges Almost 50%
MARKETS
Apr 25, 2023 3:40 PM CDT

First Republic Bank Plunges Almost 50%

UPS drops 10% on Wall Street's worst day a month

(Newser) - Wall Street had its biggest drop in a month Tuesday as investors worried about company profits and the state of the economy. The S&P 500 fell 65.41 points, or 1.6%, to 4,071.63. The Dow Jones Industrial Average fell 344.57 points, or 1%, to 33,...

Fox Drops 2.9% After Tucker Carlson Exit
Fox Drops Sharply After
Tucker Carlson Exit
MARKETS
Apr 24, 2023 3:36 PM CDT

Fox Drops Sharply After Tucker Carlson Exit

A huge week for earnings reports lies ahead

(Newser) - Wall Street remained stuck in its standstill Monday, and stocks again moved only modestly ahead of reports that could offer more direction on where the economy and corporate profits are heading. The S&P 500 edged up by 3.52 points, or 0.1%, to 4,137.04 after barely...

Stocks Inch Up, Ending So-So Week
Stocks Inch Up,
Ending So-So Week
markets
Apr 21, 2023 3:55 PM CDT

Stocks Inch Up, Ending So-So Week

Investors move slowly as they watch for corporate reports

(Newser) - Stocks capped a listless day of trading Friday with slight gains for the major stock indexes, closing out a quiet week on Wall Street highlighted by a batch of mostly mixed corporate earnings reports, the AP reports.
  • The S&P 500 was up 3.73 points, or 0.1%, to
...

Tesla, AT&amp;T Pull Stocks Down
Reports Pull Stocks Down
markets
Apr 20, 2023 3:59 PM CDT

Reports Pull Stocks Down

Tesla, AT&T shares post declines

(Newser) - Stocks on Wall Street dipped Thursday following mixed earnings reports from big companies and more signals the US economy may be slowing, the AP reports.
  • The S&P 500 fell 24.73, or 0.6%, to 4,129.79.
  • The Dow slipped 110.39, or 0.3%, to 33,786.
...

Tesla Drops After Reporting Fall in Income
Tesla Drops After
Reporting Fall in Income
MARKETS
Apr 19, 2023 3:57 PM CDT

Tesla Drops After Reporting Fall in Income

Indexes stayed flat amid mixed earnings reports

(Newser) - Wall Street barely budged again on Wednesday following another set of mixed earnings reports from big US companies. The S&P 500 inched down by 0.35 points, or less than 0.1%, to 4,154.42. The Dow Jones Industrial Average slipped 79.62, or 0.2%, to 33,...

Indexes Flat After Mixed Set of Profit Reports
Lockheed Martin Beats
Profit Expectations
MARKETS
Apr 18, 2023 3:50 PM CDT

Lockheed Martin Beats Profit Expectations

It was among the winners on day that left major indexes largely unchanged

(Newser) - W all Street closed Tuesday almost exactly where it began after a mixed set of profit reports led to a quiet, meandering day of trading. The S&P 500 edged up by 3.55 points, or 0.1%, to 4,154.87 after drifting between small gains and losses throughout...

Earnings Season Kicks Off, With Low Expectations

M&T Bank jumps 7.8% after beating forecasts

(Newser) - Wall Street drifted higher Monday to kick off the first full week of earnings reporting season. The S&P 500 rose 13.68 points, or 0.3%, to 4,151.32 in its first trading after squeezing out its fourth winning week in the last five. The Dow Jones Industrial...

Stocks Slip as Traders Count on Higher Interest Rates
Stocks Slip After Fed Comment
MARKETS
Apr 14, 2023 3:45 PM CDT

Stocks Slip After Fed Comment

Christopher Waller suggests rates will need to stay high for a period

(Newser) - Stocks dipped Friday on Wall Street as worries about interest rates overshadowed an encouraging start to earnings reporting season for big US companies, the AP reports.
  • The S&P 500 fell 8.58 points, or 0.2%, to 4,137.64.
  • The Dow Jones Industrial Average lost 143.22, or
...

Stocks Near 2-Month High
Stocks Near 2-Month High
MARKETS
Apr 13, 2023 4:05 PM CDT

Stocks Near 2-Month High

Indications that inflation is easing encourage traders

(Newser) - A rally Thursday on Wall Street lifted stocks to their highest level in almost two months, per the AP , following the latest sign that inflation is cooling.
  • The S&P 500 rose 54.27 points, or 1.3%, to 4,146.22.
  • The Dow Jones Industrial Average rose 383.19
...

Stocks Slip After Fed Warns of &#39;Mild&#39; Recession
Stocks Slip After Fed
Warns of 'Mild' Recession
MARKETS
Apr 12, 2023 3:45 PM CDT

Stocks Slip After Fed Warns of 'Mild' Recession

American Airlines drops 9.2%, dragging down other airline stocks

(Newser) - Stocks closed lower Wednesday following the latest update on inflation and the latest warning of a possible recession. The S&P 500 fell 16.99 points, or 0.4%, to 4,091.95 after bouncing between small gains and losses earlier. The Dow Jones Industrial Average fell 38.29 points,...

Stocks Close Flat Ahead of Crucial Inflation Update
Markets Brace
for Inflation Update
MARKETS
Apr 11, 2023 3:53 PM CDT

Markets Brace for Inflation Update

Stocks were mostly flat, with S&P 500 only moving a fraction of a point

(Newser) - Stocks closed mostly flat on Wall Street Tuesday, with stocks and bonds making modest moves ahead of an anticipated update on consumer inflation and other reports later in the week. The S&P 500 had its smallest one-day move in more than a year, slipping 0.17 points, or less...

Stocks Mixed in First Trading Since Jobs Report
Stocks Mixed in
First Trading Since
Jobs Report
MARKETS
Apr 10, 2023 3:46 PM CDT

Stocks Mixed in First Trading Since Jobs Report

Some investors are hoping for 'soft landing'

(Newser) - Stocks closed mixed on Wall Street Monday in their first trading after a report heightened speculation the Federal Reserve may tap the brakes again on financial markets and the economy. The S&P 500 rose 4.09 points, or 0.1%, to 4,109.11. It did not trade on...

S&amp;P Ends Weekly Winning Streak
S&P Ends Weekly
Winning Streak
MARKETS
Apr 6, 2023 3:27 PM CDT

S&P Ends Weekly Winning Streak

Markets will be closed for Good Friday

(Newser) - Stocks closed slightly higher Thursday on Wall Street in mixed trading after several discouraging reports on the economy slowed stocks’ roll this week, per the AP . The US stock market will be shut in observance of Good Friday.
  • The S&P 500 rose 14 points to 4,105. The benchmark
...

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