Dow Jones

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Target Drops After Reporting Almost 90% Plunge in Profits

S&P 500's gains for the week wiped out

(Newser) - Stocks closed lower on Wall Street Wednesday, led by drops in big technology companies and erasing the S&P 500's gains for the week. The S&P 500 fell 31.16 points, or 0.7%, to 4.274.14. The Dow Jones Industrial Average fell 171.69 points, or...

Walmart, Home Depot Rise After Reporting Strong Results

Retail giants helped lift Dow 240 points

(Newser) - Stocks ended mostly higher on Wall Street Tuesday after another bumpy day as investors cautiously reviewed mostly encouraging financial results from major retailers. The S&P 500 rose 8.06 points, or 0.2%, to 4,305.20. The Dow Jones Industrial Average rose 239.57 points, or 0.7%,...

Oil Prices Drop Amid Worries About Global Economy

Brent crude hits lowest price since before Russia invaded Ukraine

(Newser) - Oil prices dropped sharply Monday on worries about the global economy, but stocks recovered from early losses and ended higher on Wall Street., extending last week's gains. Investors remain focused on the economy and upcoming reports from retailers this week, the AP reports.The S&P 500 rose 16....

Wall Street Roars After Inflation Cools More Than Expected

Major indexes hit 3-month highs

(Newser) - Stocks closed at three-month highs on Wall Street Wednesday as investors cheered a report showing inflation cooled more than expected in July. The S&P 500 jumped 2.1% to 4,210.24 Wednesday on expectations that slower inflation will mean the Federal Reserve won’t hike interest rates as...

Tech, Travel Stocks Drag Down Indexes
Cruise Line Was
S&P 500's Biggest Loser
MARKETS
Aug 9, 2022 3:50 PM CDT

Cruise Line Was S&P 500's Biggest Loser

Tech, travel stocks dragged indexes down

(Newser) - Stocks closed lower on Wall Street Tuesday as disappointing earnings reports weighed on technology and travel companies. The S&P 500 fell 17.59 points, or 0.4%, to 4,122.47. The Dow Jones Industrial Average fell 58.13 points, or 0.2%, to 32,774.41. The Nasdaq...

Clean Energy Firms Rise After Senate Passes Package

Indexes were flat ahead of busy week

(Newser) - Stocks closed flat on Wall Street Monday as investors prepared for a busy week of updates on inflation. The S&P 500 fell 5.13 points, or 0.1%, to 4,140.06. The Dow Jones Industrial Average rose 29.07 points, or 0.1%, to 32,832.54. The...

Stocks Rise Amid Signs Economy Is 'Hanging in There'

Robinhood jumps 11.7% after announcing job cuts

(Newser) - Stocks closed higher on Wall Street Wednesday, more than making up for losses earlier in the week, as investors reviewed a mostly encouraging batch of earnings from big companies. The S&P 500 rose 63.98 points, or 1.6%, to 4,155.17, an almost 2-month high. The Nasdaq...

Dow Drops 402 Points After Weak Caterpillar Results

Uber surged almost 19%

(Newser) - Stocks closed lower Tuesday as Wall Street’s modest August retreat continued another day. Stocks wavered over the day, with investors unsure whether the market’s strong run in July was the start of a turnaround or a temporary blip, the AP reports. The S&P 500 fell 27.44,...

With Investors &#39;Cautious,&#39; Stocks Dip to Start August
Energy Stocks Hit as
Oil Price Falls Almost 5%
MARKETS
Aug 1, 2022 4:01 PM CDT

Energy Stocks Hit as Oil Price Falls Almost 5%

Investors are 'cautious' ahead of a big week of earnings reports

(Newser) - Stocks on Wall Street gave up early gains and closed slightly lower Monday as investors began another busy week of company earnings and economic reports. The S&P 500 gave up an early gain and fell 11.66 points, or 0.3%, to 4,118.63. The Dow Jones Industrial...

Stocks Surge After Fed Rate Hike
Stocks Surge After
Fed Rate Hike
MARKETS
Jul 27, 2022 3:43 PM CDT

Stocks Surge After Fed Rate Hike

Nasdaq index had its best day in more than 2 years

(Newser) - Stocks on Wall Street closed solidly higher Wednesday after the Federal Reserve ratcheted up its campaign against surging inflation by raising its key interest rate three-quarters of a point. The Fed’s latest hike lifts the benchmark short-term rate to its highest level since 2018. The S&P 500 rose...

Markets Drop After Grim News From Walmart
Markets Drop After
Grim News From Walmart
MARKETS
Jul 26, 2022 3:49 PM CDT

Markets Drop After Grim News From Walmart

Microsoft delivers disappointing results

(Newser) - Stocks closed lower on Wall Street Tuesday after Walmart warned that inflation is negatively impacting American consumers’ spending power. The S&P 500 fell 45.79 points, or 1.2%, to 3,921.05 The Dow Jones Industrial Average fell 228.50 points, or 0.7%, to 31,761.54....

Investors Are Braced for Fed Meeting, Tech Earnings

WWE jumps 8.4% after McMahon retirement

(Newser) - Stocks closed mixed on Monday as investors braced for a two-day meeting of the Federal Reserve this week. The nation’s central bank is expected to raise interest rates sharply to combat inflation. The S&P 500 index and Dow Jones Industrial Average rose slightly, led by energy, utilities, and...

Indexes Edge Upward as More Profit Reports Roll In
Netflix Jumps 7.4% on
Winning Day for Wall St.
MARKETS
Jul 20, 2022 3:40 PM CDT

Netflix Jumps 7.4% on Winning Day for Wall St.

Indexes rose as more profit reports rolled in

(Newser) - Stocks closed higher on Wall Street again Wednesday as more profit reports rolled in from US companies. Profit reporting season is ramping up for big companies, with more types of industries offering details about how high inflation and a possible recession are affecting their customers, the AP reports. A lot...

Wall Street Just Had Its Best Day in 3 Weeks
Dow Jumps 754 Points
as Profit Reports Roll In
MARKETS
Jul 19, 2022 3:42 PM CDT

Dow Jumps 754 Points as Profit Reports Roll In

99% of stocks in the S&P 500 rose

(Newser) - Wall Street rallied Tuesday to its best day in three weeks as more reports poured in on how much profit companies made during the spring. The S&P 500 rose 105.84 points, or 2.8%, to 3,936.69 after a powerful tide carried 99% of the stocks in...

Stocks Lose Early Gains as Corporate Reports Roll In
Wall Street Had a
Shaky Start to a Busy Week
MARKETS
Jul 18, 2022 4:05 PM CDT

Wall Street Had a Shaky Start to a Busy Week

Dow was down 215 points

(Newser) - Stock indexes on Wall Street shed early gains and turned lower in afternoon trading Monday, a choppy start to a week full of updates on the two things that set stock prices: how much profit companies are making and where interest rates are heading. The S&P 500, which was...

Wall Street Braces for Bike Hike in Rates
Wall Street Braces
for Big Hike in Rates
MARKETS
Jul 13, 2022 3:38 PM CDT

Wall Street Braces for Big Hike in Rates

Stocks closed lower after release of disappointing inflation figures

(Newser) - Stocks ended another shaky day lower on Wall Street Wednesday after a highly anticipated report on inflation turned out to be even worse than expected . The S&P 500 fell 0.5% after tumbling as much as 1.6% earlier. The Nasdaq slipped 17.15 points, or 0.2%, to...

Stocks Slide as Wall St. Braces for a Big Week
Stocks, Oil Prices Slide
MARKETS
Jul 12, 2022 3:44 PM CDT

Stocks, Oil Prices Slide

US crude oil price slumps 7.9%

(Newser) - Stocks on Wall Street closed lower Tuesday as investors brace for a big week of news on inflation and company earnings reports. The S&P 500 fell 35.63 points, or 0.9%, to 3,818.80. The Dow Jones Industrial Average fell 192.51 points, or 0.6%, to...

Twitter Stock Dives 11.4%
Twitter Stock Dives 11.4%
MARKETS
Jul 11, 2022 3:47 PM CDT

Twitter Stock Dives 11.4%

Tech stocks were among the weakest on a bad day for Wall St.

(Newser) - Wall Street indexes resumed falling on Monday, ahead of a busy week with updates scheduled for how bad inflation is and how corporate profits are being affected. The S&P 500 fell 44.95 points, or 1.2%, to 3,854.43. The Dow Jones Industrial Average fell 164.31...

Stocks Close Higher After Release of Fed Minutes

Falling oil prices could take pressure off central bank

(Newser) - Stocks closed higher on Wall Street Wednesday following the release of minutes from the Federal Reserve’s most recent policy meeting. The S&P 500 rose 13.69 points, or 0.4%, to 3,845.08. The Dow Jones Industrial Average rose 69.86 points, or 0.2%, to 31,...

Stocks Make Small Gains After Shaking Off Slump
Oil Sinks Back
Below $100 a Barrel
MARKETS
Jul 5, 2022 4:07 PM CDT

Oil Sinks Back Below $100 a Barrel

Tech stocks rallied after early slump

(Newser) - Major stock indexes shook off an early slump and ended with meager gains on Wall Street Tuesday as worries about the economy continue to weigh on markets. Oil prices slumped, bringing the price of US crude back below $100 a barrel for the first time since early May, the AP...

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