Dow Jones

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Stocks Drifts to Mixed Close Ahead of Debt Limit Talks
Wall Street Awaits Result
of Debt Limit Talks
MARKETS
May 22, 2023 3:47 PM CDT

Wall Street Awaits Result of Debt Limit Talks

Meta was among the winners despite EU fine

(Newser) - Stocks drifted to a mixed close as Wall Street waited to see whether a pivotal meeting later in the day would help the US government avoid a potentially disastrous default on its debt. The S&P 500 rose 0.65 points, or less than 0.1%, to 4,192.63....

Stocks Rise on Hopes of Debt Ceiling Deal
Stock Jump on Hopes
of Deal on Debt Limit
MARKETS
May 17, 2023 3:44 PM CDT

Stock Jump on Hopes of Deal on Debt Limit

Target rises 2.6% after reporting encouraging figures

(Newser) - Wall Street rose Wednesday along with hopes that the US government can avoid a default on its debt. The S&P 500 rose 48.87 points, or 1.2%, to 4,158.77. The Dow Jones Industrial Average rose 408.63 points, or 1.2%, to 33,420.77. The...

Home Depot,Energy Stocks Weigh Down Market
Home Depot Adds to
Wall Street's Worries
MARKETS
May 16, 2023 3:45 PM CDT

Home Depot Adds to Wall Street's Worries

Retailer drops 2.2% after warning of flagging sales

(Newser) - Stocks on Wall Street sank Tuesday after Home Depot warned of flagging sales, the latest discouraging signal for an economy under pressure. The S&P 500 fell 26.38 points, or 0.6%, to 4,109.90. The Dow Jones Industrial Average dropped 336.46, or 1%, to 33,012....

Stocks Edge Higher Ahead of Key Spending Report
Stocks Drift Higher
Ahead of Spending Report
MARKETS
May 15, 2023 3:49 PM CDT

Stocks Drift Higher Ahead of Spending Report

But investors are still worried about banking system, possible US debt default

(Newser) - Wall Street ticked higher Monday ahead of reports that will show how much a slowing economy is hurting what’s prevented a recession so far: solid spending by US households. The S&P 500 rose 12.20, or 0.3%, to 4,136.28, the latest tick higher in what'...

Big Tech Stocks Rise After Good News on Inflation

But Airbnb was on the losing side

(Newser) - Wall Street closed slightly higher Wednesday after a report showed inflation is making strides toward easing, even if it remains too high. The S&P 500 rose 18.47, or 0.4%, to 4,137.64 after swinging between gains and losses through the day. The Dow Jones Industrial Average...

Palantir Technologies Reports 'Unprecedented' Demand for AI Platform

Company's stock jumps 23.4%

(Newser) - Wall Street dipped on Tuesday following some mixed earnings reports, as stocks remain roughly where they’ve been stuck for more than a month. The S&P 500 fell 18.95 points, or 0.5%, to 4,119.17. The Dow Jones Industrial Average lost 56.88, or 0.2%,...

Stocks Drop After Fed&#39;s Latest Rate Hike
Stocks Drop After
Fed's Latest Rate Hike
MARKETS
May 3, 2023 3:54 PM CDT

Stocks Drop After Fed's Latest Rate Hike

Wall Street hopes this will be the last one

(Newser) - Stocks dipped Wednesday after the Federal Reserve announced its latest hike to interest rates but said it’s not sure what may come next. The S&P 500 fell 28.83, or 0.7%, to 4,090.75. The Dow Jones Industrial Average lost 270.29, or 0.8%, to...

Banks Tumble as Wall Street&#39;s Worries Grow
Banks Tumble
as Wall Street's
Worries Grow
MARKETS
May 2, 2023 3:42 PM CDT

Banks Tumble as Wall Street's Worries Grow

Dow drops 367 points

(Newser) - Stocks slumped Tuesday after shares of beleaguered banks tumbled again and worries worsened about the economy. Rising fear sent yields sinking in the bond market, while Wall Street waited for the Federal Reserve’s latest move on interest rates and Washington edges closer to what would be a catastrophic default...

Microsoft Rally Helps Limit Wall St. Losses
Big Tech Rally Helps
Stem Wall St. Losses
MARKETS
Apr 26, 2023 4:06 PM CDT

Big Tech Rally Helps Stem Wall St. Losses

First Republic Bank took another big hit

(Newser) - Wall Street closed lower again on Wednesday, though a rally for Microsoft and some other Big Tech stocks helped limit the losses. The S&P 500 dropped 15.64 points, or 0.4%, to 4,055.99. The Dow Jones Industrial Average fell 228.96, or 0.7%, to 33,...

Wall Street Just Had Its Biggest Drop in a Month
First Republic Bank
Plunges Almost 50%
MARKETS
Apr 25, 2023 3:40 PM CDT

First Republic Bank Plunges Almost 50%

UPS drops 10% on Wall Street's worst day a month

(Newser) - Wall Street had its biggest drop in a month Tuesday as investors worried about company profits and the state of the economy. The S&P 500 fell 65.41 points, or 1.6%, to 4,071.63. The Dow Jones Industrial Average fell 344.57 points, or 1%, to 33,...

Fox Drops 2.9% After Tucker Carlson Exit
Fox Drops Sharply After
Tucker Carlson Exit
MARKETS
Apr 24, 2023 3:36 PM CDT

Fox Drops Sharply After Tucker Carlson Exit

A huge week for earnings reports lies ahead

(Newser) - Wall Street remained stuck in its standstill Monday, and stocks again moved only modestly ahead of reports that could offer more direction on where the economy and corporate profits are heading. The S&P 500 edged up by 3.52 points, or 0.1%, to 4,137.04 after barely...

Tesla Drops After Reporting Fall in Income
Tesla Drops After
Reporting Fall in Income
MARKETS
Apr 19, 2023 3:57 PM CDT

Tesla Drops After Reporting Fall in Income

Indexes stayed flat amid mixed earnings reports

(Newser) - Wall Street barely budged again on Wednesday following another set of mixed earnings reports from big US companies. The S&P 500 inched down by 0.35 points, or less than 0.1%, to 4,154.42. The Dow Jones Industrial Average slipped 79.62, or 0.2%, to 33,...

Indexes Flat After Mixed Set of Profit Reports
Lockheed Martin Beats
Profit Expectations
MARKETS
Apr 18, 2023 3:50 PM CDT

Lockheed Martin Beats Profit Expectations

It was among the winners on day that left major indexes largely unchanged

(Newser) - W all Street closed Tuesday almost exactly where it began after a mixed set of profit reports led to a quiet, meandering day of trading. The S&P 500 edged up by 3.55 points, or 0.1%, to 4,154.87 after drifting between small gains and losses throughout...

Earnings Season Kicks Off, With Low Expectations

M&T Bank jumps 7.8% after beating forecasts

(Newser) - Wall Street drifted higher Monday to kick off the first full week of earnings reporting season. The S&P 500 rose 13.68 points, or 0.3%, to 4,151.32 in its first trading after squeezing out its fourth winning week in the last five. The Dow Jones Industrial...

Stocks Slip After Fed Warns of &#39;Mild&#39; Recession
Stocks Slip After Fed
Warns of 'Mild' Recession
MARKETS
Apr 12, 2023 3:45 PM CDT

Stocks Slip After Fed Warns of 'Mild' Recession

American Airlines drops 9.2%, dragging down other airline stocks

(Newser) - Stocks closed lower Wednesday following the latest update on inflation and the latest warning of a possible recession. The S&P 500 fell 16.99 points, or 0.4%, to 4,091.95 after bouncing between small gains and losses earlier. The Dow Jones Industrial Average fell 38.29 points,...

Stocks Close Flat Ahead of Crucial Inflation Update
Markets Brace
for Inflation Update
MARKETS
Apr 11, 2023 3:53 PM CDT

Markets Brace for Inflation Update

Stocks were mostly flat, with S&P 500 only moving a fraction of a point

(Newser) - Stocks closed mostly flat on Wall Street Tuesday, with stocks and bonds making modest moves ahead of an anticipated update on consumer inflation and other reports later in the week. The S&P 500 had its smallest one-day move in more than a year, slipping 0.17 points, or less...

Stocks Mixed in First Trading Since Jobs Report
Stocks Mixed in
First Trading Since
Jobs Report
MARKETS
Apr 10, 2023 3:46 PM CDT

Stocks Mixed in First Trading Since Jobs Report

Some investors are hoping for 'soft landing'

(Newser) - Stocks closed mixed on Wall Street Monday in their first trading after a report heightened speculation the Federal Reserve may tap the brakes again on financial markets and the economy. The S&P 500 rose 4.09 points, or 0.1%, to 4,109.11. It did not trade on...

Stocks Slip Amid Signs Economy Is Slowing
Markets React to Signs
Economy Is Slowing
MARKETS
Apr 5, 2023 3:35 PM CDT

Markets React to Signs Economy Is Slowing

But Johnson & Johnson helped lift Dow

(Newser) - Stocks on Wall Street mostly slipped Wednesday following the latest signals that the US economy is slowing under the weight of much higher interest rates. The S&P 500 dipped 10.22 points, or 0.2%, to 4,090.38, a day after it broke a four-day winning streak, the...

Stocks Drop After Reports Suggest Economy Is Slowing

Job openings, factory orders weaker than expected

(Newser) - Stocks fell on Wall Street Tuesday following a pair of weaker-than-expected economic reports. The S&P 500 dropped 23.91 points, or 0.6%, to 4,100.60 to break a four-day winning streak. The Dow Jones Industrial Average fell 198.77, or 0.6%, to 33,402.38, and...

Jump in Oil Prices Lifts Energy Stocks
Jump in Oil Prices
Fans Inflation Fears
MARKETS
Apr 3, 2023 3:31 PM CDT

Jump in Oil Prices Fans Inflation Fears

But it also lifted energy stocks

(Newser) - Stocks closed mixed on Wall Street Monday as big gains for energy stocks offset losses for some big technology stocks. The S&P 500 rose 15.20 points, or 0.4%, to 4,124.51. The Dow Jones Industrial Average rose 327 points, or 1%, to 33,601.15. The...

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