stock market

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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 Wraps Up Best Week in Months
Wall Street Wraps Up
Best Week in Months
MARKETS
Jun 16, 2023 3:14 PM CDT

Wall Street Wraps Up Best Week in Months

Even as the market sees modest losses on Friday

(Newser) - Wall Street's best week since March came to a quiet close on Friday with modest losses on the day.
  • The Dow lost 108 points, or 0.3%, to 34,299.
  • The S&P 500 lost 16 points, or 0.3%, to 4,409, which brings an end to a
...

Benchmark S&amp;P on Longest Streak Since Late 2021
Benchmark S&P on Longest
Streak Since Late 2021
MARKETS
Jun 15, 2023 3:16 PM CDT

Benchmark S&P on Longest Streak Since Late 2021

Index rises more than 1%, and Dow was up nearly 430 points

(Newser) - Wall Street surged on Thursday following a weak start, one day after the Federal Reserve paused its rate hikes (if only temporarily).
  • The Dow rose 428 points, or 1.2%, to 34,408.
  • The S&P 500 rose 53 points, or 1.2%, to 4,425. That is the benchmark
...

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....

S&amp;P 500 Touches Milestone Last Seen in August
S&P 500 Touches
Milestone Last Seen in August
MARKETS
Jun 9, 2023 3:40 PM CDT

S&P 500 Touches Milestone Last Seen in August

Benchmark index hits 4,300, though it closes just under that mark

(Newser) - Stocks saw modest gains on Friday, but logged a fourth straight winning week on Wall Street as investors wait for next week's slate of potentially market-moving updates.
  • The Dow rose 43 points to 33,876. The daily gain was only 0.1%, about the same with all three major
...

S&amp;P 500 Enters a Bull Market
S&P 500 Enters
a Bull Market
MARKETS
Jun 8, 2023 3:21 PM CDT

S&P 500 Enters a Bull Market

Index closes at its highest level of the year

(Newser) - Stocks rose modestly Thursday, but enough to lift the benchmark S&P 500 into a new bear market, reports the Wall Street Journal . Meaning, the index is now up 20% from the low it hit in October.
  • The S&P rose 26 points, or 0.6%, to 4,293, which
...

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...

Stock Market Just Had Its Best Day of the Year
Stock Market Just Had
Its Best Day of the Year
MARKETS
Jun 2, 2023 3:08 PM CDT

Stock Market Just Had Its Best Day of the Year

Dow jumps 700 points after strong jobs report

(Newser) - Wall Street ended the week with a bang on Friday, with the major indexes surging after a jobs report that came in much stronger than expected . In fact, this was the market's best day of the year so far, reports CNBC .
  • The Dow rose 701 points, or 2.1%,
...

Benchmark S&P Closes at Highest Level Since August

Wall Street happy about debt ceiling and hopeful about rate hikes

(Newser) - Wall Street rose Thursday on hopes the Federal Reserve may soon take it easier on rate hikes and on relief over House passage of the debt ceiling deal .
  • The Dow rose 153 points, or 0.4%, to 33,061.
  • The benchmark S&P 500 rose 41 points, or 0.9%,
...

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...

AI-Fueled Tech Gains Boost the Market Again
AI-Fueled Tech Gains
Boost the Market Again
MARKETS
May 26, 2023 3:15 PM CDT

AI-Fueled Tech Gains Boost the Market Again

Dow jumps more than 300 points

(Newser) - Stocks climbed Friday, boosted by more tech gains related to artificial intelligence and rising hopes that a deal is close in the debt-ceiling talks .
  • The Dow rose 324 points, or 0.9, to 33,093.
  • The S&P 500 rose 54 points, or 1.3%, to 4,205.
  • The tech-focused
...

Chipmaker Nvidia&#39;s Surge Powers Tech Stocks
Chipmaker Nvidia's Surge
Powers Tech Stocks
MARKETS
May 25, 2023 3:15 PM CDT

Chipmaker Nvidia's Surge Powers Tech Stocks

Nasdaq jumps 1.7%, even as the Dow slips a bit

(Newser) - Wall Street's building mania around artificial intelligence helped lift the stock market Thursday, even as worries worsen about political rancor in Washington. The benchmark S&P 500 rose 36 points, or 0.8%, to 4,151 after chipmaker Nvidia gave a monster forecast for upcoming sales as it benefits...

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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