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Fed Chair's Latest Remarks
Give Markets Solace

MARKETS

Mar 8, 2023 3:49 PM CST

Fed Chair's Latest Remarks Give Markets Solace

'We’re not on a preset path' to bigger rate hikes, Powell says

(Newser) - Stocks drifted to a mixed close on Wall Street a day after sinking to one of their worst days of the year. The S&P 500 rose 5.64 points, or 0.1%, to 3,992.01. The Dow Jones Industrial Average fell 58.06 points, or 0.2%, to...

Wall Street Tumbles After Warning From Fed Chief

Dow Drops 575 Points After
Warning From Fed Chief

MARKETS

Mar 7, 2023 3:56 PM CST

Dow Drops 575 Points After Warning From Fed Chief

Powell says rate hikes could be stepped up

(Newser) - Stocks sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation. The S&P 500 fell 62.05 points, or 1.5%, to 3,986.37. The Dow Jones Industrial Average fell...

Fed's Powell Speaks, and Markets Aren't Thrilled

Fed Chair Has
More Bad News

Mar 7, 2023 10:45 AM CST

Fed Chair Has More Bad News

Guess what? Higher interest rates likely coming

(Newser) - Jerome Powell opened his mouth on Tuesday before the Senate Banking Committee, Wall Street listened and wasn't happy, and probably no one who's possession of a variable interest rate will be, either. "The latest economic data have come in stronger than expected, which suggests that the ultimate...

With a Big Week Ahead,
Markets Are in a
Holding Pattern

MARKETS

Mar 6, 2023 3:49 PM CST

With a Big Week Ahead, Markets Are in a Holding Pattern

Friday jobs report could cause big swing

(Newser) - Stocks drifted to a mixed close Monday as Wall Street remained in a holding pattern ahead of a potentially big week. The S&P 500 rose 2.78 points, or 0.1%, to 4,048.42 after coming off its first winning week in the last four. The Dow Jones...

Dow Snaps 4-Week
Losing Streak

Mar 3, 2023 3:26 PM CST

Dow Snaps 4-Week Losing Streak

All the major indexes have a strong Friday

(Newser) - Stocks rallied on Wall Street on Friday, climbing to their biggest gain in six weeks.

The S&P 500 jumped 64 points, or 1.6%, to 4,045.
The Dow rose 387 points, or 1.1%, to 33,390.
The Nasdaq rose 226 points, or nearly 2%, to 11,689.

...

Fed Official's Comments Lifts Wall Street's Mood

Fed Official's Comments
Lift Wall Street's Mood

MARKETS

Mar 2, 2023 3:25 PM CST

Fed Official's Comments Lift Wall Street's Mood

Dow rises 341 points

(Newser) - Stocks closed higher Thursday on Wall Street for the first time in three days, thanks in part to easing fears about the Federal Reserve's plans for interest rates.

The S&P 500 rose 29 points, or 0.7%, to 3,981.
The Dow rose 341 points, or 1%, to

...

Lowe's Drops 5.6% in Another Gloomy Day for Wall Street

Stocks Open March
With More Losses

MARKETS

Mar 1, 2023 3:46 PM CST

Stocks Open March With More Losses

Investors expect interest rates to stay higher for longer

(Newser) - Most stocks marched lower Wednesday as stubbornly sticky inflation has Wall Street bracing for interest rates to stay higher for longer. The S&P 500 fell 18.76 points, or 0.5%, to 3,951.39 in its first trading after coming off a frigid February. The Dow rose 5....

Tough Month for Stocks
Ends With More Losses

MARKETS

Feb 28, 2023 4:13 PM CST

Tough Month for Stocks Ends With More Losses

Norwegian Cruise Line tumbles 10.2%

(Newser) - A frigid February for Wall Street closed out with more losses on Tuesday. The S&P 500 fell 0.3% points to 3,970.15 to lock in a loss of 2.6% for the month. The Dow Jones Industrial Average fell 232.39 points, or 0.7%, to 32,...

Stocks Claw Back
Some of Their Losses

MARKETS

Feb 27, 2023 3:35 PM CST

Stocks Claw Back Some of Their Losses

Union Pacific was among the winners

(Newser) - Stocks closed slightly higher Monday, clawing back some of the losses from their worst week since early December. The S&P 500 rose 12.20 points, or 0.3%, to 3,982.24 for only its second gain in the last seven days. The Dow Jones Industrial Average rose 72....

Stocks Just Had Their
Worst Week of the Year

MARKETS

Feb 24, 2023 3:23 PM CST

Stocks Just Had Their Worst Week of the Year

A new report on inflation spooks investors

(Newser) - Stocks sank Friday on Wall Street and closed out their worst week since early December amid new fears about inflation.

The S&P 500 fell 1.1% Friday to cap its third straight loss. The benchmark index dropped 42 points to 3,970.
The Dow fell 336 points, or 1%,

...

Dow Snaps a Losing Streak

MARKETS

Feb 23, 2023 3:13 PM CST

Dow Snaps a Losing Streak

Markets rise for the first time in 4 trading days

(Newser) - Stocks drifted upward in late trading on Thursday to snap a four-day losing streak on Wall Street.

The Dow rose 108 points, or 0.3%, to 33,153.
The S&P 500 rose 21 points, or 0.5%, to 4,012.
The Nasdaq rose 83 points, or 0.7%, to

...

2 Companies Drop After
Reporting Strong Results

MARKETS

Feb 22, 2023 3:40 PM CST

2 Companies Drop After Reporting Strong Results

Investors are worried about outlook for future orders

(Newser) - Stocks ended mixed a day after falling to their worst loss since December, as Wall Street prepares for interest rates to stay higher for longer. The S&P 500 fell 6.29 points, or 0.2%, to 3,991.05 Wednesday after drifting between small gains and losses. The Dow...

Dow Drops 697 Points
Amid Interest Rate Worries

MARKETS

Feb 21, 2023 3:48 PM CST

Dow Drops 697 Points Amid Interest Rate Worries

It was Wall Street's worst day in 2 months

(Newser) - Stocks tumbled to their worst day in two months Tuesday, buckling under worries about higher interest rates and their tightening squeeze on Wall Street and the economy. The S&P 500 fell 81.75 points, or 2%, to 3,997.34 for its sharpest drop since the market was selling...

Up-and-Down Week
Ends in Fitting Fashion

MARKETS

Feb 17, 2023 3:12 PM CST

Up-and-Down Week Ends in Fitting Fashion

Dow is up and S&P is down

(Newser) - The accurate description of Wall Street on Friday: mixed. The Dow jumped 129 points, or 0.3%, to 33,826; the S&P 500 fell 11 points, or 0.2%, to 4,079; and the Nasdaq fell 68 points, or 0.5%, to 11,787. That marks back-to-back weekly losses...

Stocks Just Had Worst
Day in 4 Weeks

MARKETS

Feb 16, 2023 3:45 PM CST

Stocks Just Had Worst Day in 4 Weeks

Dow falls 431 points

(Newser) - Wall Street tumbled Thursday, and stocks fell by the most in four weeks following more evidence that high inflation is staying stickier than expected, per the AP . A suite of mixed data on the economy also chipped away at hopes that the Fed could get inflation to continue to come...

Blowout Retail Sales
Data Lifts Markets

MARKETS

Feb 15, 2023 4:08 PM CST

Blowout Retail Sales Data Lifts Markets

S&P 500 erases early loss

(Newser) - Stocks closed slightly higher on Wall Street after a report showed US shoppers opened their wallets at stores last month by much more than expected, even as they contended with higher interest rates on credit cards and other loans. The S&P 500 eked out a gain of 0.3%...

Key Inflation Report
Didn't Shake Markets

MARKETS

Feb 14, 2023 3:52 PM CST

Key Inflation Report Didn't Shake Markets

Indexes dropped slightly after report suggested inflation is cooling more slowly than hoped

(Newser) - Stocks ended mixed on Wall Street following several sharp reversals after a report suggested inflation may not be slowing as quickly and as smoothly as hoped. The S&P 500 closed virtually unchanged Tuesday after swinging between losses and gains throughout the day. The index fell 1.16 points, less...

Dow Jumps 377 Points
Ahead of Inflation Report

MARKETS

Feb 13, 2023 3:48 PM CST

Dow Jumps 377 Points Ahead of Inflation Report

Traders are betting figures will show inflation is continuing to cool

(Newser) - Wall Street closed higher Monday as traders made their final moves in anticipation of a report that could show whether inflation is cooling in the right way or setting the market up for worse pain. The S&P 500 rose 46.83 points, or 1.1%, to 4,137.29....

Mixed Day
Closes Out
Rough Week

MARKETS

Feb 10, 2023 3:47 PM CST

Mixed Day Closes Out Rough Week

News Corp., Lyft shares plummet

(Newser) - The toughest week for Wall Street in nearly two months came to a quiet end on Friday, as stock indexes drifted to a mixed finish. The S&P 500 rose 8.96 points, or 0.2%, to 4,090.46 but still ended the week with a drop of 1....

'Wall Street Couldn't Keep
the Upbeat Mood'

MARKETS

Feb 9, 2023 3:15 PM CST

'Wall Street Couldn't Keep the Upbeat Mood'

Dow sheds 249 points, giving up gains from the morning

(Newser) - Wall Street started Thursday in fine form but didn't end that way. After a mixed batch of earnings reports, the Dow fell 249 points, or 0.7%, to 33,699; the S&P 500 fell 36 points, or 0.8%, to 4,081; and the Nasdaq fell 120 points,...