stock market

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Major Indexes End Lower Again
Major Indexes End Lower Again
MARKETS

Major Indexes End Lower Again

Investors wary of Fed's next move

(Newser) - Stocks ended lower on Wall Street Friday and Treasury yields rose as investors anticipated the Federal Reserve will stay on course to raise interest rates as soon as March. The Dow fell 4 points to 36,231, the S&P 500 fell 19 points to 4,677, and the Nasdaq...

Dow Sheds Another 170
Dow Sheds Another 170
MARKETS

Dow Sheds Another 170

Inflation, Fed moves continue to weigh on investors

(Newser) - Stocks didn't exactly rebound from Wednesday's selloff as investors considered the outlook for rising interest rates and inflation. The Dow fell 170 points to 36,236, the S&P 500 fell 4 points to 4,696, and the tech-dominated Nasdaq fell 19 points to 15,080. In afternoon...

Major Tech Stocks Drop After Fed Meeting Minutes Released

Tesla slumped 5.4%

(Newser) - Stocks closed lower on Wall Street Wednesday after minutes from the Federal Reserve’s last meeting raised expectations that the central bank will move faster to raise interest rates to fight inflation. The S&P 500 fell 92.96 points, or 1.9%, to 4,700.58. Drops in major...

Slumping Health, Tech Stocks Drag S&amp;P 500 Down
Pfizer Stock Drops
for 2nd Day in a Row
MARKETS

Pfizer Stock Drops for 2nd Day in a Row

Health, tech stocks dragged down S&P 500 but Dow hit a new record high

(Newser) - Slumping technology stocks left the S&P 500 slightly lower on Wall Street Tuesday, even as the Dow Jones Industrial Average of 30 blue-chip companies marked another record high. Microsoft, Apple, and major chipmakers like Nvidia sank while banks and other sectors rose. Bond yields continued to climb. The yield...

Wall Street Starts 2022 With Record Highs
Wall Street Starts 2022
With Record Highs
MARKETS

Wall Street Starts 2022 With Record Highs

Dow, S&P 500 made gains Monday

(Newser) - Wall Street got 2022 off to a solid start with more record highs for the S&P 500 and the Dow Jones Industrial Average. The S&P 500 rose 0.6%, a day after closing out 2021 with big gains for the third year in a row. The Dow rose...

Year of Strong Gains Wraps Up on a Down Day
Weak Final Day
Wraps Up Strong Year
markets

Weak Final Day Wraps Up Strong Year

Dow ends 2021 up 21%, while S&P rose 26%

(Newser) - Wall Street ended 2021 on a weak note Friday but still managed to end the year with big gains. The S&P 500 slipped 0.3%. It wound up with a yearly gain of 26.9%, the AP reports, nearly as big as its gain two years ago—just before...

Indexes Lose Ground After Late Slip in Trading Day

Dow, S&P slip below record highs

(Newser) - A late slide pulled major indexes into the red on Thursday, leaving the S&P 500 and the Dow Jones Industrial Average slightly below the record highs they set a day earlier. The S&P fell 14 points to 4,778, the Dow fell 90 points to 36,398, and...

S&P 500 Is Headed for 2021 Gain of More Than 27%

Indexes hit new record highs Wednesday

(Newser) - Wall Street ended another wobbly day mostly higher, enough for the S&P 500 to notch another record high. The benchmark index edged up 0.1%, the Dow Jones Industrial Average rose 0.2% and the Nasdaq slipped 0.1%. Retailers and companies reliant on consumer spending were among the...

Investors Have Fingers Crossed for &#39;Santa Claus&#39; Rally
Traders Are Hoping
for a 'Santa Rally'
MARKETS

Traders Are Hoping for a 'Santa Rally'

S&P 500 breaks 4-day winning streak

(Newser) - Stocks closed mixed on Wall Street Tuesday, leaving the S&P 500 just shy of its latest record high set a day earlier. After wavering between gains and losses, the benchmark index closed down 0.1%. The slight loss broke a four-day wining streak for the S&P 500.Some...

S&amp;P 500 Hits New High After Return From Holiday
S&P 500 Hits New High
After Return From Holiday
MARKETS

S&P 500 Hits New High After Return From Holiday

Dow was up 352 points

(Newser) - Stocks made steady gains on Wall Street Monday, enough to mark another record high for the S&P 500 index. Trading was muted as investors returned from the Christmas holiday and several overseas markets remained closed. The S&P 500 climbed 1.4%, led by more gains in big technology...

S&amp;P Closes at Record High Ahead of Christmas
S&P Closes at Record
High Ahead of Christmas
MARKETS

S&P Closes at Record High Ahead of Christmas

Markets rebound from Monday's selloff

(Newser) - A shortened week that began with a big slide on Monday wrapped up with the major indexes in positive territory. The Dow rose 196 points on Thursday to 35,950, the S&P rose 29 points to 4,725, and the tech-centric Nasdaq rose 131 points to 15,653. For...

Stocks Add to Gains Ahead of Holiday
Tesla Jumps 7.5%
After Musk Remarks
MARKETS

Tesla Jumps 7.5% After Musk Remarks

Markets add to gains ahead of holiday

(Newser) - Stocks closed higher on Wall Street Wednesday, adding to the week’s gains ahead of the Christmas holiday. Technology companies and a mix of retailers led the gains. Every major US index is still on track for weekly gains after a choppy several days where stocks bounced between sharp losses...

Wall Street Snaps 3-Day Losing Streak
Signs of Optimism
Return to Wall Street 
MARKETS

Signs of Optimism Return to Wall Street

Dow jumps 561 points

(Newser) - Stocks closed solidly higher on Wall Street Tuesday, more than regaining the ground they had lost a day earlier. Small-company stocks rose even more than the rest of the market, a signal that investors are feeling a more optimistic about the economy, the AP reports. Technology stocks did especially well....

This Year's Stock Market Rise Has a Potential Hitch

It hinges on 5 big stocks, which makes investors worried

(Newser) - If your 401(k) has done well in 2021, a Goldman Sachs analysis points to five key reasons:
  • Apple
  • Microsoft
  • Nvidia
  • Alphabet (Google)
  • Tesla

Omicron &#39;Grinch&#39; Drags Down Markets Worldwide
Omicron Worries 
Weigh Down Markets
MARKETS

Omicron Worries Weigh Down Markets

Dow Jones dived 433 points

(Newser) - Wall Street joined a worldwide slump for financial markets on Monday amid worries about how badly the omicron variant, inflation, and other forces will hit the economy. The S&P 500 fell 1.1%, following up on similar drops across Europe and Asia, the AP reports. Stocks of oil producers...

Stocks Lose for Third Week Out of Last Four
Stocks Lose for Third
Week Out of Last Four
MARKETS

Stocks Lose for Third Week Out of Last Four

Dow falls more than 500 points

(Newser) - Stocks closed lower on Wall Street Friday, marking their third losing week in the last four, per the AP . Banks, technology companies, and industrials all helped pull major indexes lower Friday. The Dow fell 532 points, or 1.4%, to 35,365; the S&P 500 fell 48 points, or...

Tech Stocks Sink, Drag Down Market
Tech Stocks Sink,
Drag Down Market
MARKETS

Tech Stocks Sink, Drag Down Market

Nasdaq falls more than 2%

(Newser) - Stocks wobbled Thursday as investors studied moves by central banks to fight rising inflation, per the AP . The Dow fell 29 points to 35,897, the S&P 500 fell 41 points to 4,668, and the Nasdaq sank 385 points—2.4%—to 15,180. The decline in the...

Markets Welcome Fed's Plan to Pull Back Stimulus

Dow rose 383 points

(Newser) - Stocks rose steadily on Wall Street Wednesday after the Federal Reserve said it would accelerate its pullback of economic stimulus and would likely raise interest rates three times next year to tackle rising inflation. The Fed will shrink its monthly bond purchases at twice the pace it previously announced, putting...

Latest Inflation Report Drags Markets Down
Stocks Drop After
Latest Inflation Report
MARKETS

Stocks Drop After Latest Inflation Report

In November, wholesale prices jumped a record 9.6% year-on-year

(Newser) - Stocks closed lower on Wall Street Tuesday as traders took in the latest sign that inflation is still running high ahead of the Federal Reserve’s last meeting of the year. The latest report on inflation showed that wholesale prices jumped a record 9.6% in November from a year...

Moderna, Pfizer Rise as Travel, Tech Stocks Sink

Dow Jones was down 320 points

(Newser) - Stocks pulled back below their recent record levels on Wall Street Monday as the market’s momentum slows down following its best week since February. Technology, energy, and travel-related companies had some of the biggest losses. Nvidia, General Motors, and Devon Energy were among the biggest decliners in the S&...

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