stock market

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Stocks Hold Steady After Last Week&#39;s Big Swings
Berkshire Hathaway
Drops After Reporting Loss
MARKETS
Nov 6, 2023 3:38 PM CST

Berkshire Hathaway Drops After Reporting Loss

Trading in WeWork was halted Monday

(Newser) - Stocks drifted to a mixed close Monday as Wall Street's wild recent moves calmed a bit.
  • The S&P 500 rose 7.64 points, or 0.2%, to 4,365.98 in its first trading after careening from months of sharp losses to its best week of the year
...

Stocks Just Had Their Best Week of the Year
Stocks Just Had Their
Best Week of the Year
MARKETS
Nov 3, 2023 3:15 PM CDT

Stocks Just Had Their Best Week of the Year

Dow rose more than 5% since Monday, the S&P 500 even more

(Newser) - Wall Street on Friday wrapped up its best week of the year, following a cooler-than-expected report on the job market:
  • The Dow rose 222 points, or 0.6%, to 34,061.
  • The S&P 500 rose 40 points, or 0.9%, to 4,358.
  • The Nasdaq rose 184 points, or
...

Stocks Surge Nearly 2%, Still Happy About Fed
Stocks Surge Nearly
2%, Still Happy About Fed
MARKETS
Nov 2, 2023 3:11 PM CDT

Stocks Surge Nearly 2%, Still Happy About Fed

Dow rises 564 points

(Newser) - Wall Street roared higher Thursday, adding to its rally from the day before on hopes the Federal Reserve may finally be done with its market-rattling hikes to interest rates:
  • The Dow rose 564 points, or 1.7%, to 33,839.
  • The S&P 500 rose 79 points, or 1.8%,
...

Stocks Rally After Fed Holds Rates Steady
Markets Welcome
Fed Chief's
Latest Remarks
MARKETS
Nov 1, 2023 3:29 PM CDT

Markets Welcome Fed Chief's Latest Remarks

Powell says other factors are slowing economy, suggesting rate hikes could be over

(Newser) - US stocks rallied after the Federal Reserve indicated it may not need to pump the brakes any harder on Wall Street and the economy.
  • The S&P 500 rose 44.06 points, or 1.1%, to 4,237.86.
  • The Dow Jones Industrial Average rose 221.71 points, or 0.
...

Wall Street Just Had Its 3rd Straight Losing Month

But most stocks rose Tuesday, softening the blow

(Newser) - Wall Street closed higher Tuesday to take a bit of the edge off another losing month, but the S&P 500 still finished October with its third straight monthly drop. It's the index's longest losing streak since the COVID-19 pandemic froze the global economy at the start of...

Dow Just Had Its Best Day Since June
Dow Just Had Its
Best Day Since June
MARKETS
Oct 30, 2023 3:52 PM CDT

Dow Just Had Its Best Day Since June

Stocks claw back losses at start of busy week

(Newser) - Wall Street clawed back some of its sharp recent losses Monday to start a week that could see more big swings in financial markets.
  • The S&P 500 finished 1.2% higher Monday rising 49.45 points to 4,166.82 in its first trading after dropping more than 10%
...

Stocks Fall, Pushing S&amp;P Into Correction
Stocks Fall,
Pushing
S&P Into
Correction
markets
Oct 27, 2023 4:00 PM CDT

Stocks Fall, Pushing S&P Into Correction

Amazon's profit and revenue exceed expectations

(Newser) - Stocks closed lower Friday on Wall Street, pulling the S&P 500 down 10% from the peak it reached in July. That puts the benchmark index into what's called a "correction," the AP reports:
  • The S&P fell 19.86 points, or 0.5%, to 4,117.
...

S&amp;P&#39;s Slide Continues
S&P's Slide Continues
MARKETS
Oct 26, 2023 3:19 PM CDT

S&P's Slide Continues

Benchmark index falls more than 1%

(Newser) - Wall Street fell in mixed trading Thursday amid worries about an uncertain global economy:
  • The S&P 500 fell 49.54 points, or 1.2%, to 4,137.23. Heading into Friday, the index is down more than 2% for the week, per the AP .
  • The Dow Jones Industrial Average
...

Wall Street Falls Back to Where It Was in May
Google's Parent
Company Plunges 9.5%
MARKETS
Oct 25, 2023 3:31 PM CDT

Google's Parent Company Plunges 9.5%

Wall Street is back to where it was in May

(Newser) - Wall Street sank back to where it was in May on Wednesday, pulled down by steep drops in several Big Tech companies. The S&P 500 dropped after rising bond yields tightened their chokehold on the stock market and some of the most influential companies turned in mixed profit reports....

Verizon, GE Report Strong Summer Profits
Verizon, GE Report
Strong Summer Profits
MARKETS
Oct 24, 2023 3:50 PM CDT

Verizon, GE Report Strong Summer Profits

S&P 500 snaps 5-day losing streak

(Newser) - Wall Street rose Tuesday after Verizon, General Electric and other big companies reported fatter profits for the summer than expected.
  • The S&P 500 rose 30.64 points, or 0.7%, to 4,247.68, breaking a five-day losing streak.
  • The Dow Jones Industrial Average was up 204.97 points,
...

Bond Yields Ease After Oil Prices Tumble
Chevron, Hess Drop After
Announcing Huge Deal
MARKETS
Oct 23, 2023 3:56 PM CDT

Chevron, Hess Drop After Announcing Huge Deal

Rebounding tech stocks help stem market losses

(Newser) - Wall Street wobbled to a mixed close Monday, continuing a monthslong run where it has obediently followed the cue of the bond market.
  • The S&P 500 slipped 7.12 points, or 0.2%, to 4,217.04, coming off its worst week in a month.
  • The Dow Jones Industrial
...

Stock Market Doesn't Like What It Sees in Bond Market

Dow sheds nearly 300 points as 10-year Treasury yield hits 5% for first time since 2007

(Newser) - Wall Street closed out its worst week in a month with more losses on Friday:
  • The S&P 500 lost 53 points, or 1.2%, to 4,224, its fourth straight drop.
  • The Dow lost 286 points, or 0.8%, to 33,127.
  • The Nasdaq lost 202 points, or 1.
...

Dow Falls as 10-Year Yield Nears a Milestone
Dow Falls as 10-Year Yield
Nears a Milestone
MARKETS
Oct 19, 2023 3:25 PM CDT

Dow Falls as 10-Year Yield Nears a Milestone

It's near 5%, a peak it hasn't hit in 16 years

(Newser) - Wall Street slumped Thursday as it faced the prospect of a 5% yield on the 10-year Treasury for the first time since 2007.
  • The Dow fell 250 points, or 0.7%, to 33,414.
  • The S&P 500 fell 36 points, or 0.8%, to 4,278.
  • The Nasdaq fell
...

United Airlines Drops 9.7% After Warning of Hit to Profits

War worries drag down markets

(Newser) - Wall Street dropped after big US companies delivered a mixed set of profit reports and rising Treasury yields tightened the vise further on the stock market. Worries about war in the Middle East also dragged on the market Wednesday.
  • The S&P 500 fell 1.3%.
  • The Dow Jones Industrial
...

Markets Hold Steady After Report on Consumer Spending

Shoppers spent more than expected last month

(Newser) - Wall Street drifted to a mixed finish Tuesday following the latest signal that the US economy remains solid, though perhaps too strong for the Federal Reserve's liking.
  • The S&P 500 edged down by 0.43, which is well less than 0.1%, to 4,373.20 after flipping
...

Lululemon, Set to Join S&amp;P 500, Jumps 10.3%
Activision's S&P 500
Replacement Jumps 10.3%
MARKETS
Oct 16, 2023 3:39 PM CDT

Activision's S&P 500 Replacement Jumps 10.3%

Lululemon rises on a good day for major indexes

(Newser) - US stocks closed higher Monday as some of last week's moves driven by worries about war in the Middle East unwound.
  • The S&P 500 rose 45.85 points, or 1.1%, to 4,373.63.
  • The Dow Jones Industrial Average rose 314.25 points, or 0.9%, to
...

Big Banks Outperform Expectations
Big Banks Outperform
Expectations
MARKETS
Oct 13, 2023 3:15 PM CDT

Big Banks Outperform Expectations

But S&P still dips, weighed down in part by war worries

(Newser) - US stocks had a topsy-turvy day on Friday as fears about war in the Middle East collided in financial markets with hopes for stronger profits at big US companies. In the end, the markets finished in mixed territory:
  • The Dow rose 28 points, or 0.08%, to 33,659.
  • The
...

Markets Slip After Digesting Inflation News
Markets Slip After
Digesting Inflation News
MARKETS
Oct 12, 2023 3:30 PM CDT

Markets Slip After Digesting Inflation News

S&P snaps a 4-day winning streak

(Newser) - Stocks slipped Thursday as the clamps tightened on Wall Street from rising yields in the bond market and new inflation news:
  • The S&P 500 fell 27 points, or 0.6%, to 4,349, breaking a four-day win streak, per the AP .
  • The Dow fell 173 points, or 0.5%,
...

ExxonMobil Drops After Announcing Huge Merger
ExxonMobil Drops After
Announcing Huge Merger
MARKETS
Oct 11, 2023 3:42 PM CDT

ExxonMobil Drops After Announcing Huge Merger

Pioneer Natural Resources deal is company's biggest buyout since Mobil

(Newser) - Stocks edged higher in wobbly trading Wednesday as yields were mixed in the bond market, which has been Wall Street's main driver recently.
  • The S&P 500 rose 18.71 points, or 0.4%, to 4,376.95.
  • The Dow Jones Industrial Average rose 65.57 points, or 0.
...

Stocks Rise as Pressure From Bond Market Eases
PepsiCo Rises After
Profits Surprise Analysts
MARKETS
Oct 10, 2023 3:33 PM CDT

PepsiCo Rises After Profits Surprise Analysts

Defense stocks give back some of their gains

(Newser) - Stocks closed higher Tuesday as pressure relaxed on Wall Street from the bond market.
  • The S&P 500 rose 22.58 points, or 0.5%, to 4,358.24.
  • The Dow Jones Industrial Average rose 134.65 points, or 0.4%, to 33,739.30.
  • The Nasdaq composite rose 78.
...

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