stock market

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Report on Consumer Spending Gives Markets a Boost

Government says consumers stepped up their spending despite inflation

(Newser) - Stocks closed higher on Wall Street Tuesday as investors reviewed solid earnings reports from retailers and an encouraging update on consumer spending. Home Depot rose 5.8% after the home improvement retailer reported surging sales and solid profits last quarter amid a hot housing market, the AP reports. New data...

Casper Surges 89% on Buyout News
Casper Surges 89%
on Buyout News
MARKETS
Nov 15, 2021 3:37 PM CST

Casper Surges 89% on Buyout News

Major indexes were little changed

(Newser) - Major indexes ended a wobbly day mostly lower on Wall Street as the market comes off its first weekly loss in six weeks. The S&P 500 ended little changed and the Dow Jones Industrial Average edged barely higher, the AP reports. The yield on the 10-year Treasury note rose...

Markets Rise, but a 5-Week Win Streak Is History

Report about high inflation led to weekly losses

(Newser) - Stocks had a decent day on Friday, but it wasn't enough to lift the markets into positive territory for the week. The Dow rose 179 points to 36,100, the S&P 500 rose 33 points to 4,682, and the Nasdaq rose 156 points to 15,860. All...

S&amp;P, Dow Take Opposite Directions
S&P, Dow Take
Opposite Directions
MARKETS
Nov 11, 2021 3:12 PM CST

S&P, Dow Take Opposite Directions

One ticks up, the other goes down

(Newser) - Stocks had a mixed day of trading Thursday, one day after a surge in inflation tripped up major indexes. The benchmark S&P 500 ticked up 2 points to 4,659, but the Dow fell 158 points to 35,921. The Nasdaq, meanwhile, gained 84 points to close at 15,...

Inflation Report Roils Bond Markets
Inflation Report
Hits Markets Hard
MARKETS
Nov 10, 2021 3:39 PM CST

Inflation Report Hits Markets Hard

Dow dropped 240 points

(Newser) - An eye-opening report on inflation that was hotter than expected slammed into the bond market on Wednesday, sending yields jumping, and helping knock stocks lower, the AP reports. The sharpest inflation since 1990 forced investors to boost bets that the Federal Reserve will have to raise short-term interest rates more...

Markets' Longest Winning Streak Since 2019 Is Over

Tesla drops another 12%

(Newser) - US stocks closed lower Tuesday, ending the market’s longest winning streak in more than two years. The S&P 500 fell 0.4%. The Dow Jones Industrial Average lost 0.3% and the Nasdaq fell 0.6%. Tesla slumped again, losing 12% after its CEO Elon Musk said over...

$1T Infrastructure Bill Boosts Construction Stocks

S&P 500 hits record high after 8th straight gain

(Newser) - Stocks notched some modest gains on Wall Street Monday, enough to mark more record highs for major US indexes. The S&P 500 edged up 0.1% for its eighth straight gain, matching its longest winning streak since April 2019, though most of the gains during that stretch have been...

Wall Street Is Happy With New Jobs Numbers
Wall Street Is Happy
With New Jobs Numbers
MARKETS
Nov 5, 2021 3:07 PM CDT

Wall Street Is Happy With New Jobs Numbers

Dow rises more than 200 points

(Newser) - Stocks rose broadly on Wall Street Friday as traders welcomed news of a rebound in hiring by US employers last month, per the AP . The Dow rose 203 points to 36,327, the S&P 500 rose 17 points to 4,697, and the Nasdaq rose 31 points to 15,...

Dow Slips, but S&amp;P Grabs Another Record
Dow Slips, but S&P
Grabs Another Record
MARKETS
Nov 4, 2021 3:22 PM CDT

Dow Slips, but S&P Grabs Another Record

Nasdaq also reaches a new high

(Newser) - Stocks wound up a mixed bag on Wall Street Thursday, but big gains in several technology giants helped push the S&P 500 and the Nasdaq indexes to more record highs, per the AP . The S&P gained 19 points to 4,680 and the tech-dominated Nasdaq rose 128 points...

Stocks Hit More Record Highs After Fed Announcement

Activision, Zillow were among the day's losers

(Newser) - Stocks climbed to more record highs Wednesday after the Federal Reserve said it will begin dialing back the extraordinary aid for the economy it has been providing since the early days of the pandemic. The S&P 500 rose 29.92 points, or 0.6%, to 4,660.57. The...

Dow Finishes Above 36K for the First Time
Dow Closes Over 36K
for the First Time
MARKETS
Nov 2, 2021 3:36 PM CDT

Dow Closes Over 36K for the First Time

S&P 500 also hit a new record

(Newser) - Stocks closed higher on Wall Street Tuesday, pushing the Dow Jones Industrial Average to its first close above 36,000 points. The Dow added 138.79 points, or 0.4%, and closed at 36,052.63. The S&P 500 rose 16.98 points, or 0.4%, to 4,630....

Tesla Jumps 8.5% as Major Indexes Reach Record Highs

Dow was up 94 points

(Newser) - Stocks ended a wobbly day modestly higher on Wall Street, enough to notch more all-time highs for major indexes. The S&P 500 rose 8.29 points, or 0.2%, to 4,613.67. The Dow Jones Industrial Average rose 94.28 points, or 0.3%, to 35,913.84....

Benchmark S&amp;P Has Best Month of the Year
Benchmark S&P Has
Best Month of the Year
MARKETS
Oct 29, 2021 3:07 PM CDT

Benchmark S&P Has Best Month of the Year

All 3 major indexes close at record highs on Friday

(Newser) - Stock indexes ended the week with gains to close out a strong month. The Dow rose 89 points to 35,819, the S&P 500 rose 8 points to 4,605, and the Nasdaq rose 50 points to 14,498. All three closes were record highs, and the S&P...

Wall Street Registers Two Record Highs
Wall Street Registers
Two Record Highs
MARKETS
Oct 28, 2021 3:31 PM CDT

Wall Street Registers Two Record Highs

S&P 500 and Nasdaq notch milestones

(Newser) - A not-so-great report on economic growth didn't phase the stock market on Thursday. The Dow rose 239 points, or 0.6%, to 35,730; the S&P 500 rose 44 points, or 0.9%, to 4,596; and the Nasdaq rose 212 points, or 1.3%, to 15,448....

Dow Drops 266 Points as Markets Pull Back
Dow Drops 266 Points
as Markets Pull Back
MARKETS
Oct 27, 2021 3:58 PM CDT

Dow Drops 266 Points as Markets Pull Back

Tech gains helped counter some of the losses

(Newser) - Stocks faded in the last hour of trading and ended mostly lower Wednesday, a day after the S&P 500 and the Dow Jones Industrial Average set their latest record highs. Several big technology companies posted solid gains, led by Microsoft, which reported a 24% surge in profits last quarter...

Facebook Drops 3.9% After Weak Sales Forecast
UPS Jumps 6.8%
After Beating Forecasts
MARKETS
Oct 26, 2021 3:56 PM CDT

UPS Jumps 6.8% After Beating Forecasts

Dow, S&P 500 hit record highs

(Newser) - Stocks held on to modest gains on Wall Street Tuesday, pushing the S&P 500 and the Dow Jones Industrial Average further into record heights. The S&P 500 added 0.2% and the Dow edged up less than 0.1%. Solid earnings from several companies helped push stock prices...

S&amp;P 500, Dow Hit New Highs Amid Strong Profit Reports
Tesla Jumps 12.7% After
Hertz Deal Announced
MARKETS
Oct 25, 2021 3:56 PM CDT

Tesla Jumps 12.7% After Hertz Deal Announced

Dow, S&P 500 hit record highs

(Newser) - Wall Street notched some more record highs on Monday as a better-than-expected profit reporting season gets into higher gear. The S&P 500 rose 0.5%, surpassing the peak it set on Thursday. Tesla jumped 12.7% to the biggest gain in the S&P 500 after Hertz said it...

No Record for S&amp;P, but Still a 3-Week Streak
No Record for S&P,
but Still a 3-Week Streak
MARKETS
Oct 22, 2021 3:05 PM CDT

No Record for S&P, but Still a 3-Week Streak

Index falls slightly Friday, but is up for the week

(Newser) - Stock indexes on Wall Street had a lackluster Friday, but the benchmark S&P 500 still managed a weekly win—its third in a row. The index slipped 4 points to 4,544, coming down a bit off Thursday's record-high close, per CNBC . The Dow rose 73 points to...

S&amp;P Just Notched a Record
S&P Just Notched a Record
MARKETS
Oct 21, 2021 3:09 PM CDT

S&P Just Notched a Record

Index closes at an all-time high

(Newser) - Stocks wobbled in afternoon trading on Wall Street Thursday, but the benchmark S&P 500 inched up to close at a record high, reports CNBC . The index rose 13 points to 4,549, boosted by strong earnings from Tesla and other companies. It's the S&P's seventh straight...

Strong Health Care Earnings Push Indexes Near New Highs

Pinterest jumps 12.8% amid acquisition rumors

(Newser) - Solid earnings from health care companies helped send stocks higher on Wall Street Wednesday and pushed the benchmark S&P 500 to the brink of another record high. The market has been gaining ground as investors shift their focus to the latest round of corporate earnings. The S&P 500...

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