stock market

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Stocks End the Week in Strong Fashion
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&#39;s Selloff
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
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 &#39;Digestion&#39; Period
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...

Tech Sell-Off Drags Nasdaq Down 2.5%
Big Drops for Tech Stocks
Drag Markets Down
MARKETS
May 10, 2021 3:36 PM CDT

Big Drops for Tech Stocks Drag Markets Down

Musk's 'SNL' appearance didn't help Tesla stock

(Newser) - Drops in several Big Tech companies led the stock market lower Monday, pulling major indexes below the record highs they set last week. The S&P 500 lost 1% after spending the first half of the day wobbling between small gains and losses. The tech-heavy Nasdaq gave back 2.5%...

Investors See Silver Lining in Surprisingly Bad Jobs Data

Markets increase on hopes the Fed will keep interest rates low

(Newser) - Stocks rallied to records on Wall Street Friday despite a stunningly disappointing jobs report , as investors see it helping to keep interest rates low, per the AP . The Dow rose 229 points to 34,777, the S&P 500 rose 30 points to 4,232, and the Nasdaq rose 119...

Strong Finish Pushes Dow to Record Close
Strong Finish Pushes
Dow to Record Close
MARKETS
May 6, 2021 3:09 PM CDT

Strong Finish Pushes Dow to Record Close

Investors optimistic about Friday's monthly jobs report

(Newser) - The markets finished strong on Thursday as investors anticipate good news in Friday's monthly jobs report, reports CNBC . The Dow rose 318 points to a record 34,548, the S&P 500 rose 34 points to 4,201, and the Nasdaq rose 50 points to 13,632. All three...

Peloton Shares Dive 14.5% After Treadmills Recalled

Dow Jones rose 97 points to record high

(Newser) - Major US stock indexes closed with mixed results Wednesday as a pullback in utilities and real estate companies kept gains elsewhere in the market in check. The S&P 500 posted a gain of 0.1% to 4,167, after having been up 0.6% earlier in the day. The...

Tech Stocks Drag Broader Market Down
Tech Stocks Drop
for 6th Day in a Row
MARKETS
May 4, 2021 3:59 PM CDT

Tech Stocks Drop for 6th Day in a Row

Apple, Amazon saw some of the biggest falls

(Newser) - Stocks closed lower on Wall Street Tuesday, dragged down by big technology companies like Apple and Microsoft. The declines marked the sixth straight losing day for technology stocks, the AP reports. Investors continue to focus on corporate earnings and gauge the economic recovery’s progress. Earnings and most economic indicators...

Dow Jumps 237 Points as US Outlook Brightens
Dow Jumps 237 Points
as US Outlook Brightens
MARKETS
May 3, 2021 3:44 PM CDT

Dow Jumps 237 Points as US Outlook Brightens

Gap, Mohawk Industries among the biggest risers

(Newser) - Stocks closed solidly higher Monday as investors cheered a strong dose of positive earnings reports as well as economic data that showed the US economy is growing. Shares of clothing retailer Gap Inc. and flooring manufacturer Mohawk Industries both gained more than 7%. The Institute for Supply Management’s manufacturing...

Stocks Have a Rocky Day, but Cap a Strong Month
Stocks Have a Rocky Day,
but Cap a Strong Month
MARKETS
Apr 30, 2021 3:08 PM CDT

Stocks Have a Rocky Day, but Cap a Strong Month

S&P up about 5% in April

(Newser) - Stocks fell broadly Friday as investors backed away from technology and communications companies, per the AP . Despite the decline, the market had its best month so far this year, as investors remain optimistic that the pandemic is slowly and steadily coming to a close. For the day, the Dow fell...

Markets Finish in a Good Mood
Markets Finish in a Good Mood
MARKETS
Apr 29, 2021 3:12 PM CDT

Markets Finish in a Good Mood

Dow was up 239 after a shaky morning

(Newser) - Stocks shook off a wobbly start Thursday to finish in positive territory. The S&P 500 rose 28 points to 4,211, the Dow rose 239 points to 34,060, and the Nasdaq rose 31 points to 14,082. All the gains were under 1%. New earnings reports and economic...

Biden's Stock Market Start Is a Milestone Since FDR

S&P up 10%, best 100-day performance at beginning of presidential term in decades

(Newser) - When the stock market closes on Thursday, the Wall Street Journal reports that President Biden will have some bragging rights—the best 100-day start for a president since FDR. The benchmark S&P 500 is up 10% since Biden's inauguration on Jan. 20, second only to Franklin Delano Roosevelt'...

Google Parent Company Up 3.8% as Profits Double

Indexes dipped after Fed left rate near zero

(Newser) - Major US stock indexes ended slightly lower on Wall Street Wednesday after the Federal Reserve left its key interest rate unchanged near zero, even as it noted recent improvement in the economy. Investors were also dealing with a wave of earnings reports from major U.S. companies and looking ahead...

UPS Jumps More Than 10% After Surge in Volume, Profits
Stock Jumps 11% After
UPS Delivers Good News
MARKETS
Apr 27, 2021 3:49 PM CDT

Stock Jumps 11% After UPS Delivers Good News

It was S&P 500's best performer Tuesday

(Newser) - Major US stock indexes ended a wobbly day mixed on Wall Street, keeping the S&P 500 near the record high it set a day earlier. The benchmark index ended down less than one point Tuesday and the Dow Jones Industrial Average closed basically unchanged. It’s a heavy week...

Indexes Hit Record Highs as Corporate Profits Soar
Corporate Profits Are
Way Up From a Year Ago
MARKETS
Apr 26, 2021 3:42 PM CDT

Corporate Profits Are Way Up From a Year Ago

S&P, Nasdaq hit new record highs

(Newser) - Modest gains for stocks nudged the S&P 500 and the Nasdaq to more record highs on Wall Street as investors braced for a deluge of earnings reports from big US companies. Of the 500 members of the S&P 500 index, 181 will report their results this week. Apple,...

An Up-and-Down Week Ends on the &#39;Up&#39; Side
An Up-and-Down Week
Ends on the 'Up' Side
MARKETS
Apr 23, 2021 3:09 PM CDT

An Up-and-Down Week Ends on the 'Up' Side

S&P rises 1%

(Newser) - Stocks ended in positive territory Friday to cap a choppy week. The Dow rose 227 points, or 0.6%, to 34,043; the S&P 500 rose 45 points, or 1%, to 4,180; and the Nasdaq rose 198 points, or 1.4%, to 14,016. The gains were shared...

Report of Hefty Tax Hike Puts Wall Street in Bad Mood

Bloomberg says Biden may double capital gains tax rate on wealthy to about 40%

(Newser) - The stock market had a rough day, and the Wall Street Journal blames speculation that President Biden plans to raise the capital gains tax rate. The Dow fell 321 points to 33,815, the S&P 500 fell 38 points to 4,134, and the Nasdaq fell 131 points to...

It Was a Winning Day on Wall St., But Not for Netflix

Company fell 7.4% after disappointing news on subscriber growth

(Newser) - Stocks ended broadly higher on Wall Street after steadily gaining throughout the day. The S&P 500 index added 0.9% Wednesday following its first back-to-back loss since March. Technology companies and banks helped lead the way higher. Communications stocks were among the only losers, led by a 7.4%...

United Airlines Stock Tumbles 8.5%
United Airlines Stock
Tumbles 8.5%
MARKETS
Apr 20, 2021 3:49 PM CDT

United Airlines Stock Tumbles 8.5%

Tech stocks led broader market lower

(Newser) - Stocks closed lower on Wall Street, led by drops in technology companies and banks. The S&P 500 gave back 0.7%, pulling the index further below the record high it set on Friday. Small-company stocks, which have been beating the rest of the market in recent months, fell more...

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