New York Stock Exchange

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Trump Heads to Wall Street, Rings Opening Bell

Fresh off Time honor, president-elect gets another from NYSE for first time

(Newser) - President-elect Trump rang the opening bell Thursday at the New York Stock Exchange after being recognized for the second time by Time magazine as its Person of the Year . The honors for the businessman-turned-politician are a measure of Trump's remarkable comeback from an ostracized former president who refused to...

FBI Foils Bomb Threat Against NY Stock Exchange

Authorities say Florida man wanted to 'reboot' US government by detonating device at the NYSE

(Newser) - A Florida man was arrested Wednesday and charged with a plot to "reboot" the US government by detonating a bomb at the New York Stock Exchange with a remote-controlled device, according to the FBI. Harun Abdul-Malik Yener, 30, of Coral Springs, Florida, was charged with attempting to use an...

Reddit Gets Over Cold Feet, Files for IPO

In unusual move, top users will have a chance to grab up shares

(Newser) - "The world's most popular message board" is going public. Reddit, which abandoned plans for an initial public offering a couple of years ago, filed for an IPO on Thursday, reports NPR . Founded in 2005 by University of Virginia dormmates Alexis Ohanian and Steve Huffman, the social media site...

Dow Slips Into the Red
Dow Slips Into the Red
MARKETS

Dow Slips Into the Red

Index had been positive most of the day

(Newser) - The markets dropped into negative territory late in the trading day after being up most of the session prior to that, reports CNBC . In the end, the Dow fell 96 points to 33,794, the S&P fell 23 points to 4,363, and the Nasdaq fell 214 points to...

NYSE Reverses Course on China Decision in 'Bizarre' Move

Withdraws plans to delist 3 Chinese phone carriers

(Newser) - The New York Stock Exchange has withdrawn plans to remove shares of three Chinese state-owned phone carriers under an order by President Trump that Beijing warned might lead to retaliation. The exchange cited “further consultation” with regulators but its announcement late Monday gave no other details, the AP reports....

Stocks Surge as NYSE Partially Reopens
Stocks Surge as NYSE
Partially Reopens
MARKETS

Stocks Surge as NYSE Partially Reopens

Dow, S&P hit highest levels since March

(Newser) - Stocks closed higher on Wall Street Tuesday, driving the S&P 500 and Dow Jones Industrial Average to their highest levels in nearly three months as optimism over the reopening of the economy overshadowed lingering worries about the pandemic. The S&P 500 rose 1.2%, for a time climbing...

Traders Return to Wall Street, With a Catch

Those working at the New York Stock Exchange must sign a liability waiver over COVID

(Newser) - A little bit of normalcy returns to New York City on Tuesday morning as traders return to the floor of the New York Stock Exchange. Sort of. About a quarter of the normal traders will return to the floor, with the rest continuing to work from home, reports Reuters . The...

Dow Ends Day Under 20K
New York Stock Exchange
Closing Trading Floor
updated

New York Stock Exchange Closing Trading Floor

Trading will go all-electronic starting Monday

(Newser) - Stocks are closing sharply lower as fears of a prolonged coronavirus-induced recession take hold. The Dow industrials lost 1,338 points, or 6.3%, ending the day below the 20K mark at 19,898 . After a brutal few weeks, the Dow has now lost nearly all of its gains since...

On Historic Day, Markets Have So-So Performance

Dow falls 58 as NYSE gets first female president

(Newser) - Energy companies and oil prices took their worst losses in months following reports that OPEC countries plan to produce more oil soon. The drops Friday left major US market indexes mostly lower at the end of an indecisive week. The Dow Jones industrial average lost 58 points, or 0.2%,...

Former Summer Intern Makes Stock Exchange History

Stacey Cunningham will be first woman to lead the NYSE in its 226-year history

(Newser) - The New York Stock Exchange for the first time in its 226-year history will be led by a woman, as Stacey Cunningham will become the 67th president of the Big Board, per the AP . That means that two of the world's most well-known exchanges will be led by women....

Stocks Swoon Again; Dow Sinks 400
Stocks Swoon Again;
Dow Sinks 400
MARKETS

Stocks Swoon Again; Dow Sinks 400

Traders worried about trade war between US, China

(Newser) - Stocks sank again Friday, giving Wall Street its worst week in two years, as fear gripped investors that China and the US were headed for a trade war, the AP reports. The Dow Jones industrial average plunged more than 400 points, bringing its weekly decline to 1,400. Technology companies...

Stocks End Sluggish Week With Small Gains
Stocks End Sluggish
Week With Small Gains
MARKETS

Stocks End Sluggish Week With Small Gains

Energy, industrial companies rose Friday

(Newser) - The stock market eked out a small gain Friday but still ended the week lower after several days of losses, the AP reports. Energy companies rose along with the price of crude oil. ConocoPhillips gained 1.7%. Banks and industrial companies also ended higher. PNC Financial rose 1.4% and...

Strong Hiring Sends Stocks, Yields Up
Strong Hiring Sends
Stocks, Yields Up
MARKETS

Strong Hiring Sends Stocks, Yields Up

Nasdaq hits another record high

(Newser) - Stocks and bond yields rose sharply Friday on Wall Street after the government reported a big increase in hiring last month, the AP reports. Investors were relieved to see that wage growth slowed. A jump in wages a month ago raised worries about inflation. Technology companies wiped out the last...

Late Rally Erases Early Stock Slide
Late Rally Erases
Early Stock Slide
MARKETS

Late Rally Erases Early Stock Slide

Investors remain focused on Trump's threat of tariffs

(Newser) - A late burst of buying Friday erased a sharp drop stocks suffered early in the day, the AP reports. Bond yields and the price of gold rose, both signs that investors expect inflation might tick up. Investors remain focused on President Trump's threat to impose tariffs on steel and...

Plans for Steel, Aluminum Tariffs Sink US Stocks

Trump announced tariffs Thursday

(Newser) - Stocks fell sharply Thursday as investors worried that President Trump's planned tariffs on steel and aluminum will lead to retaliation from other countries, the AP reports. Trump told industry executives he would impose the tariffs next week. The head of the European Commission said the region would respond in...

Stocks End Choppy Week Slightly Higher
Stocks End Choppy
Week Slightly Higher
MARKETS

Stocks End Choppy Week Slightly Higher

Tech, banks led gains Friday

(Newser) - Stocks are ending the week slightly higher after a two-day rally wiped out losses from earlier in the week, the AP reports. The gains Friday were led by technology and banks. Hewlett Packard Enterprise soared 10.5% and former corporate sibling HP rose 3.5% after both reported solid results....

Stocks End Mostly Higher on Wall Street
Stocks End Mostly
Higher on Wall Street
MARKETS

Stocks End Mostly Higher on Wall Street

Industrial stocks led the way

(Newser) - Stocks closed mostly higher Thursday on Wall Street after much of a midday rally faded away by the closing bell, the AP reports. Industrial stocks contributed the most to the market's gains. United Technologies rose 3.3% a day after its CEO said the company may split up. Energy...

Stocks Rise for 6th Straight Day
Stocks Rise for
6th Straight Day
MARKETS

Stocks Rise for 6th Straight Day

More than half the losses from earlier this month have been wiped out

(Newser) - Stocks ended an up-and-down day mostly higher Friday, capping a week of strong gains that wiped out more than half of the losses suffered in a series of wild swings in early February, the AP reports. The Standard & Poor's 500 index rose for the sixth day in a...

Tech Leads Stocks to 5th Straight Gain
Tech Leads Stocks
to 5th Straight Gain
MARKETS

Tech Leads Stocks to 5th Straight Gain

No thanks to energy companies

(Newser) - A surge in marquee technology companies pushed stocks higher again Thursday on Wall Street, giving the market its fifth gain in a row, the AP reports. The Dow Jones industrial average rose more than 300 points. Big increases from Apple, Microsoft, and Cisco drove the tech sector higher, helping to...

Market Shakes Inflation Worries, Ends Up
Market Shakes Inflation
Worries, Ends Up
MARKETS

Market Shakes Inflation Worries, Ends Up

Banks had a good day

(Newser) - Stocks rose for the fourth day in a row Wednesday on Wall Street after shaking off an early stumble following another sign that inflation was picking up slightly, the AP reports. The market started slightly lower but turned higher within the first hour of trading and kept going. The Dow...

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