stocks

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Dow Edges Lower After Record Day
A Day After Making
History, the Dow Dips
markets
Jul 1, 2020 3:42 PM CDT

A Day After Making History, the Dow Dips

It's a mixed day on Wall Street despite technology gains

(Newser) - Stocks are winding up with a mixed finish on Wall Street, even as gains for technology stocks pushed the Nasdaq to another record close, the AP reports. The Dow edged lower Wednesday but the S&P 500 rose 0.5%, a day after wrapping up its best quarter since 1998....

SEC Puts Damper on Hertz Plan to Sell Possibly 'Worthless' Stock

Car rental company wanted to dump $500M in common stock during bankruptcy proceedings

(Newser) - After a tumultuous few months, Hertz now has another wrench thrown into its works. Unable to endure the coronavirus pandemic, the car rental company filed for bankruptcy protection last month, then noted Monday in a government filing that it planned to sell $500 million in common stock—all while warning...

S&amp;P 500&#39;s Winning Streak Fizzles Out


S&P 500's
Winning Streak
Fizzles Out
markets
Jun 17, 2020 3:22 PM CDT

S&P 500's Winning Streak Fizzles Out

The S&P 500 falls 0.4% after a shaky day of trading

(Newser) - The S&P 500 gave up an early gain and ended slightly lower, ending a three-day winning streak, the AP reports. The benchmark index fell 0.4% after a wobbly day of trading. Like other markets worldwide, Wall Street took a pause following some recent gains. Treasury yields held steady...

You Might Want to Brace for 401(k) Trouble in Near Future

Most fund managers say this current rally is too much, too fast, see turbulence ahead

(Newser) - Just because stocks have scrambled nearly all the way back to their record heights doesn't necessarily mean the market is in the clear, per the AP . Stocks have a long history of making big gains within long-term down markets, only for the bottom to give out again. Such mini-,...

Stock Market Says &#39;Protests, What Protests?&#39;
Stock Market
Says 'Protests,
What Protests?'
markets
Jun 3, 2020 3:15 PM CDT

Stock Market Says 'Protests, What Protests?'

The S&P 500 rises 1.4%

(Newser) - Stocks closed higher on Wall Street, extending the market's winning streak to a fourth day. The S&P 500 rose 1.4% Wednesday. Investors are hoping that the economy will continue to open up following the lockdowns put in place to stem the spread of the coronavirus, the AP...

Optimism Bubbles With Banks, Retailers
Optimism Bubbles
With Banks, Retailers
markets
May 27, 2020 3:15 PM CDT

Optimism Bubbles With Banks, Retailers

S&P 500 gained 1.5% in a choppy day of trading

(Newser) - Stocks closed higher on Wall Street Wednesday, extending the market's gains into a third day on hopes for a coming economic revival as larger swaths of the country relax stay-at-home mandates imposed due to the coronavirus pandemic and clear the way for more businesses to reopen, the AP reports....

One Stock Sector Plays Outsize Role Today
One Stock Sector
Plays Outsize
Role Today
markets
May 20, 2020 3:05 PM CDT

One Stock Sector Plays Outsize Role Today

Wall Street has an up day as the S&P 500 rises 1.7%

(Newser) - Stocks posted solid gains on Wall Street Wednesday, erasing their losses from a day earlier. Big-name investor favorites like Facebook, Apple, and Amazon helped pull the market higher, the AP reports. The S&P 500 rose 1.7%. Technology, the only sector that's holding on to a gain for...

Feinstein: I Talked to FBI About Stock Deals

Senator volunteered, spokesman says

(Newser) - Sen. Dianne Feinstein has answered FBI questions about her husband's stock trades and turned over documents. The California Democrat volunteered to be interviewed, a spokesman said. Also, Politico reports, she "provided additional documents to show she had no involvement in her husband's transactions," the spokesman said....

Reserve Chair Speaks, and Wall Street Slides Again

The S&P 500 lost 1.7% as stocks fell for second straight day

(Newser) - Stocks fell for the second day in a row Wednesday on Wall Street, weighed down by worries about a slow recovery for the economy, the AP reports. The weakness came after Federal Reserve Chair Jerome Powell warned about the threat of a prolonged recession because of the shutdowns related to...

S&amp;P 500 Has Its First Loss This Week
Stocks Were Rising
Until This Data Came In
markets
May 6, 2020 3:10 PM CDT

Stocks Were Rising Until This Data Came In

The S&P 500 suffers its first loss this week

(Newser) - Stocks fell on Wall Street Wednesday, sending the market to its first loss in three days, after more depressing data rolled in on the devastation sweeping the global economy, the AP reports. The S&P 500 dropped 0.7%, and three out of four stocks in the index sank. But...

Stocks Rebound After 2 Bad Days
Finally, Stocks Have an Up Day
markets
Apr 22, 2020 3:10 PM CDT

Finally, Stocks Have an Up Day

The S&P 500 index rises 2.3%

(Newser) - Stocks are closing higher on Wall Street after two days of losses, and the price of oil burst higher a day after a historic plunge, the AP reports. US crude jumped after President Donald Trump threatened the destruction of any Iranian gunboats that harass US Navy ships, raising the possibility...

Stocks Fall on Grim News
Stocks Fall on Grim News
markets
Apr 15, 2020 3:18 PM CDT

Stocks Fall on Grim News

The S&P 500 is down 2.2%

(Newser) - Stocks are closing lower on Wall Street as more signs emerge of the economic damage being caused by the coronavirus outbreak, the AP reports. The S&P 500 fell 2.2% Wednesday. Bond prices rose, sending yields lower. Energy stocks fell sharply after the price of oil touched another 18-year...

Stocks Shoot Up 3.4%
Investors See Upside
of Pandemic Numbers
markets
Apr 8, 2020 3:15 PM CDT

Investors See Upside of Pandemic Numbers

Stocks shoot up 3.4%

(Newser) - Stocks shot 3.4% higher Wednesday on Wall Street as investors chose to focus on the optimistic side of data about the coronavirus outbreak's trajectory, the AP reports. It's the latest about-face in this brutally volatile stretch for the US stock market, which has flip-flopped between gains and...

'Unseemly' Detail Emerges on Senator's Stock Purge

Sen. Kelly Loeffler invested in a company that makes medical protective equipment

(Newser) - Maybe Sen. Kelly Loeffler hopes the details will exonerate her? Well, we'll soon see. The GOP senator has given the Atlanta Journal-Constitution details about her sale of millions of dollars in stocks—much of which happened after senators privately learned about the looming coronavirus on Jan. 24. Turns out...

Coronavirus Gets Tighter Grip on Stock Market
Market Reacts
to Estimated
US Death Toll
markets
Apr 1, 2020 3:15 PM CDT

Market Reacts to Estimated US Death Toll

Selling is widespread as the S&P 500 drops over 4%

(Newser) - Stocks are closing sharply lower on Wall Street as more signs piled up of the economic and physical pain being caused by the coronavirus outbreak, the AP reports. The S&P 500 dropped more than 4% Wednesday after the White House said that 100,000 to 240,000 people in...

Afternoon Rally Fizzles on CNBC Report
Afternoon Rally
Fizzles on CNBC Report
markets
Mar 25, 2020 3:15 PM CDT

Afternoon Rally Fizzles on CNBC Report

But stocks closed higher overall

(Newser) - Stocks are closing higher on Wall Street Wednesday but gave up much of an afternoon rally after CNBC reported that a dispute between Sen. Bernie Sanders and Republicans over unemployment aid could cause the coronavirus aid bill to be delayed, the AP reports. The S&P 500 rose 1.2%...

Sen. Loeffler Responds to Critics of $18M Stock Purge

Lawmakers sold a lot of stock in the pandemic's early days

(Newser) - Sen. Kelly Loeffler is taking a stand against critics of her recent stock purge—one of several by lawmakers as the coronavirus began to spread. "It's absolutely false," Loeffler said Friday on Fox News . "And, it could not be true." CNBC notes that Loeffler and...

Only One Restaurant's Stock Is Up From Last Year

Domino's is up almost 8% in 2020

(Newser) - The novel coronavirus continues to wreak havoc around the globe, and restaurants are nervously keeping an eye on things as more people hole up at home to practice social distancing . One chain in particular, though, has been doing so well that it's "making analysts nervous," per MarketWatch...

Tesla Bears' Refrain: 'I Got My Butt Kicked'

'Wall Street Journal' tallies losses of $8.4B this year for those betting against the company

(Newser) - "Oh damn, I got my butt kicked." That's the lament of private investor Robert Majteles to the Wall Street Journal over the recent meteoric rise of Tesla's stock . The assessment pretty much sums up the story, which explains that Majteles is one of many investors in...

Stocks Plunge Amid Uncertainty Over Virus
Dow Falls More Than
600 Points Amid Virus Scare
updated
Jan 31, 2020 3:15 PM CST

Dow Falls More Than 600 Points Amid Virus Scare

Technology stocks lead the losses, with Apple falling 3.9%

(Newser) - Stocks plunged on Wall Street as investors feared that a virus outbreak that originated in China will dent the global economy, the AP reports. Technology companies, which do a lot of business with China, led the losses. Airlines fell after Delta and American suspended flights to and from China. The...

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