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Microsoft Jumps 4% Amid Wall Street AI Frenzy
Microsoft Jumps 4%
After Revealing AI Pricing
MARKETS
Jul 18, 2023 3:57 PM CDT

Microsoft Jumps 4% After Revealing AI Pricing

Stocks hit their highest level in more than 15 months

(Newser) - Wall Street's frenzy around artificial intelligence helped push stocks to their best level in more than 15 months on Tuesday, along with stronger-than-expected profit reports from several big financial companies. The S&P 500 rose 32.19, or 0.7%, to 4,554.98 and its highest finish since...

Earnings Season Is Here, But Expectations Are Low
S&P 500 Climbs to
Highest in 15 Months
MARKETS
Jul 17, 2023 3:58 PM CDT

S&P 500 Climbs to Highest in 15 Months

Earnings season is ramping up, though expectations are low

(Newser) - Wall Street pushed higher Monday ahead of a week full of updates about where profits for big US companies are heading. The S&P 500 rose 17.37, or 0.4%, to 4,522.79 and its highest closing level in 15 months. The Dow Jones Industrial Average gained 76....

Stocks Rally After Report Shows Inflation Is Cooling
Domino's Jumps 11.9%
After Uber Eats Deal
MARKETS
Jul 12, 2023 3:36 PM CDT

Domino's Jumps 11.9% After Uber Eats Deal

Stocks rallied widely after release of report on cooling inflation

(Newser) - Wall Street returned to its highest level in more than a year on Wednesday after a report showed inflation cooled a bit more than expected last month, which hopefully takes some more pressure off the economy. The S&P 500 rose 32.90, or 0.7% to 4,472.16...

Activision Jumps 10% After Ruling on Microsoft Deal
After Ruling in Big Case,
Activision Jumps 10%
MARKETS
Jul 11, 2023 4:00 PM CDT

After Ruling in Big Case, Activision Jumps 10%

Other winners Tuesday included Salesforce, Amazon

(Newser) - Stocks closed higher on Wall Street Tuesday as investors waited for updates on inflation and corporate profits. The S&P 500 rose 29.73, or 0.7%, to 4,439.26. The Dow Jones Industrial Average gained 317.02 points, or 0.9%, to 34,261.42, and the Nasdaq...

Wall St. Drifts Lower as China Worries Hit World Markets

With Twitter rival on the way, Meta was among the winners

(Newser) - Wall Street edged lower Wednesday following a rally that sent it roaring 16% higher for the year so far. The S&P 500 fell 8.77 points, or 0.2%, to 4,446.82, edging down from its highest level since April 2022. The Dow Jones Industrial Average fell 129....

Cruise Line Was Biggest Gainer in S&amp;P 500
Carnival Cruise Line
Jumps 8.9%
MARKETS
Jun 28, 2023 3:38 PM CDT

Carnival Cruise Line Jumps 8.9%

But it was a bad day for General Mills, other food makers

(Newser) - Wall Street drifted to a mixed close on Wednesday. The S&P 500 fell 1.55 points, or less than 0.1%, to 4,376.86, but held on to a gain for the week. The Dow Jones Industrial Average fell 74.08 points, or 0.2%, to 33,852....

Delta Stock Soars 6.8% on a Winning Day for Wall Street

Reports suggest economy is in better shape than feared

(Newser) - Wall Street rallied Tuesday after a round of reports suggested the economy is in better shape than feared. The S&P 500 rose 49.59 points, or 1.1%, to 4,378.41. The Dow Jones Industrial Average rose 212.03 points, or 0.6%, to 33,926.74. The...

Wall Street&#39;s Pullback Stretches Into Second Week
Russia Rebellion
Fails to Shake Markets
MARKETS
Jun 26, 2023 4:02 PM CDT

Russia Rebellion Fails to Shake Markets

But Wall Street's pullback stretched into a 2nd week

(Newser) - Stocks drifted lower as Wall Street's pullback from its recent rally carried into a second week. The S&P 500 fell 1 9.51 points, or 0.4%, to 4,328.82 Monday. The index remains close to its highest level in a year. Tech stocks were the heaviest...

Falling Tech Stocks Drag Indexes Down
Falling Tech Stocks
Drag Indexes Down
MARKETS
Jun 21, 2023 3:30 PM CDT

Falling Tech Stocks Drag Indexes Down

Fed chief warns that there's a long way to go in fight against inflation

(Newser) - Tech stocks fell Wednesday, keeping Wall Street mixed and sapping more momentum from its five-week rally. The S&P in its 500 closed 0.5% lower Wednesday, falling 23.02 points to 4,365.69 in its third straight pullback after rallying last week to its highest level in more...

Energy Stocks Fall Amid Worries About World Economy

Wall Street takes a step back after 5-week rally

(Newser) - Stocks closed lower Tuesday in Wall Street’s first trading after a five-week rally carried it to its highest level since the spring of last year. The S&P 500 fell 20.88 points, or 0.5%, to 4,388.71. The Dow Jones Industrial Average fell 245.25 points,...

Wall Street Ends Mixed as Fed Keeps Rates Steady
Stocks Pare Losses After
Remarks From Powell
MARKETS
Jun 14, 2023 3:29 PM CDT

Stocks Pare Losses After Remarks From Powell

Fed chief says no decision on future rate hikes has been made yet

(Newser) - Stocks swung to a mixed close on Wall Street after the Federal Reserve hinted it may raise interest rates two more times this year. The S&P 500 ended less than 0.1% higher Wednesday after pinballing from a modest gain before the Fed’s announcement to a modest loss...

Stocks Rise After Report on Cooling Inflation
Nvidia Closes With
Market Cap Over $1T
MARKETS
Jun 13, 2023 4:42 PM CDT

Nvidia Closes With Market Cap Over $1T

Markets welcomed report on cooling inflation

(Newser) - Stocks rose Tuesday after a cooler reading on inflation cemented Wall Street’s bets for the Federal Reserve to hold off on hiking interest rates this week. The US stock market has been on a roll amid hopes the economy can avoid a severe recession and inflation will fall enough...

S&amp;P 500 Climbs to Highest Level in More Than a Year
S&P 500 Hits
Highest Level
Since April 2022
MARKETS
Jun 12, 2023 3:56 PM CDT

S&P 500 Hits Highest Level Since April 2022

A big week for central banks lies ahead

(Newser) - Wall Street climbed Monday ahead of a big week for central banks around the world, vaulting the S&P 500 to its highest level in more than a year. The benchmark index rose 40.07 points, or 0.9%, to 4,338.93 and its highest close since April 2022....

Tech Stocks Drag Down S&amp;P 500
Tech Stocks
Drag Down
S&P 500
MARKETS
Jun 7, 2023 3:44 PM CDT

Tech Stocks Drag Down S&P 500

But it was a good day for smaller stocks

(Newser) - US stocks drifted to a mixed finish Wednesday, as drops for Microsoft and other big-name tech stocks overshadowed gains across much of the rest of Wall Street. The S&P 500 fell 16.33, or 0.4%, to 4,267.52 even though the majority of stocks within the index...

Coinbase Drops 12.1% After SEC Files Charges
Coinbase Drops 12.1%
After SEC Files Charges
MARKETS
Jun 6, 2023 3:56 PM CDT

Coinbase Drops 12.1% After SEC Files Charges

S&P 500 is inching toward bull market

(Newser) - Stocks drifted on Wall Street Tuesday amid a vacuum of market-moving data. The S&P 500 rose 10.06 points, or 0.2%, to 4,283.85. The Dow Jones Industrial Average rose 10.42 points, or less than 0.1%, to 33,573.28. The Nasdaq composite rose 46....

After Week of Gains, Stocks Drift Lower
Stocks Slip After
Tepid Report on Economy
MARKETS
Jun 5, 2023 3:44 PM CDT

Stocks Slip After Tepid Report on Economy

Services industries grew by less than expected

(Newser) - US stocks drifted lower Monday to start what could be a quiet stretch following several weeks of gains. The S&P 500 fell 8.58 points, or 0.2%, to 4,273.79. The Dow Jones Industrial Average fell 199.90 points, or 0.6%, to 33,562.86. The...

Stocks Slump on Wall Street, Worldwide
Advance Auto Parts
Plunges 35%
MARKETS
May 31, 2023 3:53 PM CDT

Advance Auto Parts Plunges 35%

Ford, Nvidia also dropped on a rough day for Wall Street and markets worldwide

(Newser) - Wall Street slipped as stocks slumped worldwide Wednesday on worries about the strength of the global economy and inflation. The S&P 500 fell 25.69, or 0.6%, to 4,179.83. The Dow Jones Industrial Average dropped 134.51, or 0.4%, to 32,908.27, and the...

Nvidia Up Another 3% in Mixed Day for Wall Street

Dow, S&P 500 were flat in first trading since debt deal was announced

(Newser) - Wall Street ended mixed Tuesday as a long list of worries loomed over the market, even if the most pressing crisis seems to be calming after Washington moved to avoid a default on its debt. The S&P 500 edged up by 0.07, or less than 0.1%, to...

Stocks Slide on Wall Street, Worldwide
Stocks Slide
on Wall Street,
Worldwide
MARKETS
May 24, 2023 3:54 PM CDT

Stocks Slide on Wall Street, Worldwide

Dow drops 256 points amid debt deal worries

(Newser) - Wall Street fell again Wednesday, part of a worldwide swoon for stocks as worries about the economy pile higher. The S&P 500 fell 30.34 points, or 0.7%, to 4,115.24 after House Speaker Kevin McCarthy said Republicans and Democrats remain far apart in efforts to prevent...

Stocks Slide as Debt Worries Worsen
Stocks Slide as
Debt Worries Worsen
MARKETS
May 23, 2023 3:57 PM CDT

Stocks Slide as Debt Worries Worsen

'Every minute that goes by raises the urgency'

(Newser) - Stocks slid on Wall Street Tuesday as the US government crept closer to the edge of a potentially disastrous default on its debt. The S&P 500 fell 47.05 points, or 1.1%, to 4,145.58 Tuesday as Democrats and Republicans still haven’t agreed on a deal...

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