stock market

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Fed Chief&#39;s Comments Lead to a Market Milestone
Fed Chief's Comments
Lead to a Market Milestone
MARKETS
Aug 27, 2021 3:07 PM CDT

Fed Chief's Comments Lead to a Market Milestone

S&P 500 closes above 4,500 for the first time

(Newser) - The benchmark S&P 500 closed above 4,500 or the first time on Friday, and comments made by the Fed chief are credited for part of the reason. In his highly anticipated speech, Jerome Powell said the Federal Reserve would not overreact to rising inflation or raise interest rates...

Stocks Fall After Kabul Blasts
Stocks Fall After Kabul Blasts
MARKETS
Aug 26, 2021 3:07 PM CDT

Stocks Fall After Kabul Blasts

Dow sinks 192 points

(Newser) - Stocks closed lower Thursday following deadly suicide attacks at the Kabul airport. The Dow fell 192 points to 35,213, the S&P 500 fell 26 points to 4,469, and the Nasdaq fell 96 points to 14,945. Despite the pullback, market indicators that traditionally signal worry on Wall...

Dick's Sporting Goods Jumps 13.3% After Surge in Sales

Nasdaq, S&P 500 drift up to new highs

(Newser) - Stocks pushed higher again on Wall Street Wednesday, marking more milestones for the S&P 500 and the Nasdaq. The S&P 500 added another 0.2%, its fifth gain in a row. Banks and energy companies led the way higher. Banks benefited from an increase in bond yields, which...

Big Gains for Travel Stocks as S&P 500, Nasdaq Set Records

Nasdaq closed above 15K for first time

(Newser) - Stocks closed modestly higher on Wall Street Tuesday, enough to nudge the Nasdaq composite to a record high and past 15,000 for the first time. The broader S&P 500 index also set a record high. Banks, consumer-focused companies, and small-company stocks outpaced the rest of the market. The...

BioNTech, Pfizer Stocks Jump After FDA Approval
BioNTech, Pfizer Stocks
Jump After FDA Approval
MARKETS
Aug 23, 2021 4:03 PM CDT

BioNTech, Pfizer Stocks Jump After FDA Approval

Nasdaq hits new record high

(Newser) - Stocks closed higher on Wall Street Monday, allowing the S&P 500 to regain the ground it lost last week and bringing it just shy of another record high. The benchmark index added 0.9%, driven by gains in a broad range of technology, financial, and communication stocks. The tech-heavy...

A Rough Week Has a Strong Finish
A Rough Week
Has a Strong Finish
MARKETS
Aug 20, 2021 3:15 PM CDT

A Rough Week Has a Strong Finish

But Friday's gains aren't enough to wipe out the earlier losses

(Newser) - Stocks notched decent gains on Friday, though they were not enough to erase the losses from earlier in the week. The Dow rose 225 points to 35,120, the S&P 500 rose 35 points to 4,441, and the Nasdaq gained 172 points to 14,714. Technology companies in...

Dow Has a 3-Day Streak It Doesn&#39;t Want
Dow Has a 3-Day Streak
It Doesn't Want
MARKETS
Aug 19, 2021 3:26 PM CDT

Dow Has a 3-Day Streak It Doesn't Want

Index falls again, by 66 points

(Newser) - Stocks attempted to right themselves on Thursday after two days of losses, with only partial success. The Dow fell 66 points to 34,894, while the S&P 500 ticked up 5 points to 4,405, and the Nasdaq rose 15 points to 14,541. It was a choppy trading...

Stocks Slump to Second Straight Loss
Lowe's Jumps 9.6% After
Strong Earnings Report
MARKETS
Aug 18, 2021 3:38 PM CDT

Lowe's Jumps 9.6% After Strong Earnings Report

But indexes slumped to their second straight loss

(Newser) - Stocks took a late turn lower on Wall Street, ending with their second straight loss. The S&P 500 gave up 1.1% Wednesday, a day after breaking a five-day winning streak. Technology and health care companies had some of the biggest losses. Apple fell 2.6%. Markets didn’t...

Wall Street Slips as Retail Sales Slow Down
Home Depot Drops 4.3%
as Sales Slow Down
MARKETS
Aug 17, 2021 4:02 PM CDT

Home Depot Drops 4.3% as Sales Slow Down

Indexes fall back from record highs after disappointing data on retail sales

(Newser) - Stocks closed lower Tuesday, as data showed the coronavirus pandemic is still holding back the US economy. Retail sales fell a seasonally adjusted 1.1% in July from the month before, the Commerce Department said Tuesday. It was a much larger drop than the 0.3% decline Wall Street analysts...

Indexes Hit New Highs Despite World&#39;s Worries
Tesla Drops 4.3% as
Feds Launch Investigation
MARKETS
Aug 16, 2021 4:01 PM CDT

Tesla Drops 4.3% as Feds Launch Investigation

Dow, S&P 500 hit new record highs

(Newser) - Stock indexes closed at record highs on Wall Street Monday, despite rising coronavirus infections in the US and around the globe, as well as geopolitical concerns including the collapse of the Afghanistan government. The S&P 500 index and the Dow Jones Industrial Average both closed higher after falling earlier...

Dow, S&amp;P 500 Eke Out Record Highs
Dow, S&P 500
Eke Out Record Highs
MARKETS
Aug 13, 2021 3:15 PM CDT

Dow, S&P 500 Eke Out Record Highs

Gains were meager on Friday

(Newser) - Stock indexes ended the day much as they started it on Friday as gains in technology and health care companies were checked by weakness in banks and other sectors. The Dow rose 15 points to a record 35,515, the S&P 500 rose 7 points to a record 4,...

Markets Edge Higher Into Record Territory
Markets Edge Higher
Into Record Territory
MARKETS
Aug 12, 2021 3:07 PM CDT

Markets Edge Higher Into Record Territory

Dow and S&P again close at all-time highs

(Newser) - Stocks had a seesaw day on Thursday, though the swings weren't big in either direction. When all was said and done, the Dow rose 14 points to 35,499 and the S&P 500 gained 13 points to 4,460, both of which are record highs. The tech-centric Nasdaq...

Nasdaq Lags Behind as Dow, S&amp;P 500 Hit New Highs
Dow, S&P 500
Hit New Highs as
Inflation Eases
MARKETS
Aug 11, 2021 3:58 PM CDT

Dow, S&P 500 Hit New Highs as Inflation Eases

But Nasdaq lagged behind

(Newser) - Stocks closed mostly higher on Wall Street Wednesday, marking more records for the S&P 500 and the Dow Jones Industrial Average. Weakness in some technology stocks helped pull the Nasdaq composite slightly lower. The S&P 500 climbed 0.2% and the Dow added 0.6%. Investors got some...

Dow, S&amp;P 500 Hit Record Highs Despite Tech Slide
Banks Big Gainers as
Indexes Hit Record Highs
MARKETS
Aug 10, 2021 3:43 PM CDT

Banks Big Gainers as Indexes Hit Record Highs

Indexes rose despite slide in tech stocks

(Newser) - Stocks capped another wobbly day of trading on Wall Street with modest gains Tuesday, as financial and industrial companies helped lift the market, outweighing a pullback in technology stocks. The S&P 500 recovered from an early slip and eked out a 0.1% gain, enough to eclipse the record...

Tyson Foods Up 8.6% After Beating Forecasts
Energy Stocks Follow
Crude Prices Downward
MARKETS
Aug 9, 2021 3:59 PM CDT

Energy Stocks Follow Crude Prices Downward

Tyson foods up 8.6% after beating forecasts

(Newser) - Stocks ended a wobbly day mostly lower on Wall Street Monday, with energy companies logging some of the biggest losses as oil prices took another turn lower. Benchmark US crude oil fell 2.6% following a decline of 7.7% last week. That helped pull energy companies lower. Occidental Petroleum...

Dow Notches a Record High After Jobs Report
After Strong Jobs Report,
2 Record Closes
MARKETS
Aug 6, 2021 3:09 PM CDT

After Strong Jobs Report, 2 Record Closes

Dow and S&P notch all-time highs

(Newser) - Wall Street ended the week with two record-high closes after a strong jobs report. The Dow rose 144 points to 35,208, while the S&P 500 eked out a 7-point gain to 4,436. Meanwhile, the tech-heavy Nasdaq fell 59 points to 14,835. Some of the sharpest action...

Return to In-Person Shopping Hurts Etsy
Return to In-Person
Shopping Hurts Etsy
MARKETS
Aug 5, 2021 3:06 PM CDT

Return to In-Person Shopping Hurts Etsy

But overall, earnings reports helped lift the markets

(Newser) - Stocks rose on Wall Street Thursday as investors reviewed encouraging jobs data and a strong batch of corporate earnings reports, per the AP . The Dow rose 271 points to 35,063, the S&P 500 rose 26 points to 4,429, and the Nasdaq rose 114 points to 14,895....

Robinhood Stock Has More Than Doubled in 4 Days

S&P 500 drops after disappointing jobs report

(Newser) - Stocks closed lower on Wall Street Wednesday, pulling the S&P 500 index below the record high it had set a day earlier. The benchmark index fell 0.5%, weighed down by losses in industrial companies, banks, and consumer-facing companies. A disappointing report on the job market helped discourage would-be...

Dow Up 278 Points as Earning Reports Roll in
Robinhood Soars 24.2%,
Tops IPO Price
MARKETS
Aug 3, 2021 4:06 PM CDT

Robinhood Soars 24.2%, Tops IPO Price

Dow up 278 points as earning reports roll in

(Newser) - Stocks shook off a wobbly start and ended higher Tuesday as traders weighed another big set of company earnings reports. Investors were also closely monitoring the latest developments with COVID-19 and its potential impact on a still-recovering economy amid the spread of the more contagious delta variant. The S&P...

Investors Balance Unease About Variant, Strong Earnings Reports
Huge Afterpay Deal
Boosts Square 10.2%
MARKETS
Aug 2, 2021 4:04 PM CDT

Huge Afterpay Deal Boosts Square 10.2%

Markets steady ahead of big week for earnings report

(Newser) - Stocks closed mixed on Wall Street Monday after a day of choppy trading. Investors were balancing unease about the spread of a more contagious coronavirus variant against another round of encouraging company earnings. The S&P 500 lost 0.2%. It was slightly higher for much of the day before...

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