stock market – News Stories About stock market - Page 46

Biogen Soars 40% After
FDA Approves New Drug

MARKETS

Jun 7, 2021 3:35 PM CDT

Biogen Soars 40% After FDA Approves New Drug

Firm was biggest gainer in S&P 500

(Newser) - Stocks clawed back much of their early losses and ended mixed on Wall Street Monday. The S&P 500 slipped less than 0.1% and the Nasdaq rose 0.5%. The subdued opening to the week follows several choppy weeks as investors continue to gauge the economy’s recovery and...

So-So Jobs Report
Is Good News for Markets

MARKETS

Jun 4, 2021 3:04 PM CDT

So-So Jobs Report Is Good News for Markets

Major indexes rise because Fed isn't expected to pull back on efforts

(Newser) - Stocks closed higher on Wall Street Friday after a lukewarm report on the job market raised hopes the Federal Reserve will keep the accelerator floored on its support for the economy. The Dow rose 179 points to 34,756, the S&P 500 rose 37 points to 4,229, and...

Markets Dip on Eve
of New Jobs Data

MARKETS

Jun 3, 2021 3:07 PM CDT

Markets Dip on Eve of New Jobs Data

Dow slips 23 points

(Newser) - The word of the day for Wall Street: wobbly. Both the AP and the Wall Street Journal use the word or a variation in describing Thursday's trading. The Dow fell 23 points to 34,577, the S&P 500 fell 15 points to 4,192, and the Nasdaq fell...

As Stock Surges, AMC Offers Investors Free Popcorn

AMC Embraces 'Meme Stock'
Status—With Free Popcorn

THE RUNDOWN

Jun 3, 2021 8:30 AM CDT

AMC Embraces 'Meme Stock' Status—With Free Popcorn

'Investor Connect' program offers them free popcorn

(Newser) - Four months after GameStop's wild ride rocked Wall Street , so-called "meme stocks" are making waves again—especially AMC Entertainment. The movie theater company's share price almost doubled Wednesday, closing at a record high for the first time since 2015, and it is up 417.8% since May...

AMC Shares Surge 95%

MARKETS

Jun 2, 2021 4:00 PM CDT

AMC Shares Surge 95%

Depop deal makes Etsy biggest gainer in S&P 500

(Newser) - Stocks ks managed to end with modest gains on Wall Street after a day of wavering back and forth. The S&P 500 edged up 0.1% to 4,208.12 Wednesday, with help from technology stocks. The Dow Jones Industrial Average rose 25.07 points, or 0.1%, to...

AMC Stock Jumps 22%

MARKETS

Jun 1, 2021 3:41 PM CDT

AMC Stock Jumps 22%

Indexes were mixed after return from long weekend

(Newser) - Major indexes struggled to a mixed finish on Wall Street after giving up an early gain. The S&P 500 slipped less than 0.1% Tuesday as losses for technology and health care companies offset gains in other sectors. Elsewhere, the Nasdaq fell 0.1% while the Dow Jones Industrial...

Inflation Report
Has Little Impact

markets

May 28, 2021 3:55 PM CDT

Inflation Report Has Little Impact

Trading closes higher for the week

(Newser) - Stocks held on to modest gains Friday on Wall Street, ending the week higher for the first time in three weeks. The S&P 500 rose 3.23 points to 4,204.11, the Dow climbed 64.81 points to 34,529.45, and the Nasdaq was up 12.46...

Another Jobs Milestone
Pleases Investors

MARKETS

May 27, 2021 3:07 PM CDT

Another Jobs Milestone Pleases Investors

Markets up as jobless claims hit a pandemic low

(Newser) - More good news on the jobs front helped keep Wall Street (mostly) in positive territory on Thursday. The benchmark S&P 500 ticked up 4 points to 4,200, the Dow gained 141 points to 34,464, and the tech-heavy Nasdaq slipped a point to 13,736. Earlier in the...

Dick's Sporting Goods
Reports Strong Sales,
Surges 16.7%

MARKETS

May 26, 2021 3:40 PM CDT

Dick's Sporting Goods Reports Strong Sales, Surges 16.7%

Return of team sports gives retailer a boost

(Newser) - US stocks closed higher Wednesday as investors continued to monitor the economic recovery and rising inflation. A variety of companies that rely on consumer spending made solid gains. Dick’s Sporting Goods jumped 16.7% after reporting a surge in first-quarter sales and solid earnings as team sports returned. Urban...

Homebuilders Were
Among Day's Hot Stocks

MARKETS

May 25, 2021 4:07 PM CDT

Homebuilders Were Among Day's Hot Stocks

Rises followed report on sizzling US market

(Newser) - Stocks closed lower on Wall Street, giving up an early gain and losing momentum after a solid start to the week. The S&P 500 slipped 0.2% Tuesday. Gains by several Big Tech companies helped limit the loss in the Nasdaq to less than 0.1%. Banks and energy...

Virgin Galactic Stock Jumps
28% After Landmark Flight

MARKETS

May 24, 2021 4:04 PM CDT

Virgin Galactic Stock Jumps 28% After Landmark Flight

Major indexes rose, with tech stocks leading the way

(Newser) - Stocks closed broadly higher on Wall Street as investors regained an appetite for risk following two straight weeks of losses. The S&P 500 rose 1% Monday, with technology stocks leading the gains. Microsoft and Google’s parent company both rose more than 2%, and the tech-heavy Nasdaq rose 1....

S&P Now Has
a Weekly Losing Streak

MARKETS

May 21, 2021 3:20 PM CDT

S&P Now Has a Weekly Losing Streak

That's 2 in a row for the benchmark index

(Newser) - Wall Street has put the wraps on a turbulent week, one that saw the benchmark S&P 500 post its second consecutive weekly loss. The S&P dipped 3 points to 4,155 on Friday, the Dow rose 123 points to 34,207, and the Nasdaq fell 64 points to...

Markets Snap
3-Day Losing Streak

MARKETS

May 20, 2021 3:15 PM CDT

Markets Snap 3-Day Losing Streak

Tech stocks help, as does a good report on jobless claims

(Newser) - Good news on jobless claims and a strong day for tech stocks helped the market snap a three-day losing streak, reports the Wall Street Journal . The Dow rose 188 points, or 0.5%, to 34,084; the S&P 500 rose 43 points, or 1%, to 4,159; and the...

Stocks Drop for a 3rd Day

MARKETS

May 19, 2021 3:40 PM CDT

Stocks Drop for a 3rd Day

Coinbase dives 6% amid crypto sell-off

(Newser) - Stocks closed broadly lower on Wall Street Wednesday, extending the market’s downturn to a third day. The price of Bitcoin and other cryptocurrencies dropped sharply in a surge of selling . Bitcoin’s price was down 7% to just over $40,000, according to the crypto news site Coindesk, having...

AT&T, Discovery
Slide for a Second Day

MARKETS

May 18, 2021 3:48 PM CDT

AT&T, Discovery Slide for a Second Day

Late drop in tech stocks left indexes lower

(Newser) - An afternoon drop led by big technology stocks left major market indexes broadly lower on Wall Street Tuesday. The S&P 500 lost 0.9%, with most of those losses coming in the last hour of trading. Apple, Facebook, and Google’s parent company all lost 1% or more. Walmart...

AT&T, Discovery Drop
After $43B Deal Announced

MARKETS

May 17, 2021 3:55 PM CDT

AT&T, Discovery Drop After $43B Deal Announced

S&P 500, Dow started the week with losses

(Newser) - US stocks closed modestly lower Monday, tacking more losses onto last week’s stumble, as worries about inflation continue to dog Wall Street. The S&P 500 dipped 10.56 points, or 0.3%, to 4,163.29, with tech stocks and other former market darlings once again taking the...

Stocks End the Week
in Strong Fashion

MARKETS

May 14, 2021 3:04 PM CDT

Stocks End the Week in Strong Fashion

Dow rises 1%

(Newser) - Stocks closed solidly higher Friday to help make up for three days of steep drops earlier in the week. The Dow rose 360 points, or 1%, to 34,382; the S&P 500 rose 61 points, or 1.4%, to 4,173; and the Nasdaq rose 304 points, or 2....

Markets Regain Big Chunk
of Wednesday's Selloff

MARKETS

May 13, 2021 3:07 PM CDT

Markets Regain Big Chunk of Wednesday's Selloff

Dow rises more than 400 points

(Newser) - Stocks rebounded strongly Thursday from Wednesday's selloff . Technology stocks, which were hurt badly earlier in the week, were among the bigger gainers. Apple, Microsoft, and Google's parent company were all up 1% or more in afternoon trading, per the AP . The Dow rose 433 points, or 1.2%,...

Dow Drops 681 Points
After Inflation Report

MARKETS

May 12, 2021 3:45 PM CDT

Dow Drops 681 Points After Inflation Report

S&P 500 dived 2.1%

(Newser) - Stocks pulled back again on Wall Street Wednesday after a surprisingly big jump in inflation last month worsened worries among investors that the economy may run too hot as it bounces back from its pandemic-induced recession. Tech giants, which had soared during the past year of lockdowns, took some of...

Markets Now in
'Digestion' Period

MARKETS

May 11, 2021 3:40 PM CDT

Markets Now in 'Digestion' Period

Dow drops 473 points as inflation fears grow

(Newser) - Stocks closed lower on Wall Street Tuesday, led by banks, industrial, and health care companies. Inflation remains a growing concern among investors, which would be a major drag on the overall market if it takes hold. the S&P 500 lost 0.9%. That, plus its losses Monday, outweigh the...