Standard & Poor's – News Stories About Standard & Poor's - Page 2

MARKETS

Jan 18, 2018 3:20 PM CST

Stock Indexes Pull Back Below Records

Thanks to losses in industrial, energy stocks

(Newser) - Stocks closed slightly lower Thursday on Wall Street, pulling the market below the record highs it set the day before, the AP reports. Losses in industrial and energy stocks contributed the most to the modest declines. Boeing lost 3.1% while Kinder Morgan fell 2.9%. La Quinta rose 3....

Dow Has 1st Close
Above 26K Points

MARKETS

Jan 17, 2018 3:20 PM CST

Dow Has 1st Close Above 26K Points

Tech stocks were some of biggest winners Wednesday

(Newser) - Stocks closed higher Wednesday on Wall Street, sending the Dow Jones industrial average to its first close above 26,000 points, the AP reports. The Dow had traded above that level on Tuesday but wound up closing lower that day. The Dow's surge on Wednesday was driven in part...

Banks, Retailers
Lead Stock Gains

MARKETS

Jan 12, 2018 3:16 PM CST

Banks, Retailers Lead Stock Gains

(Newser) - Rising retailers pushed stocks further into record territory Friday on Wall Street, the AP reports. The Standard & Poor's 500 closed out its seventh week of gains in the last eight. .Bond yields rose following a report that inflation rose more than expected last month. The yield on the...

Energy Stocks Lead
US Indexes Higher

MARKETS

Jan 11, 2018 3:23 PM CST

Energy Stocks Lead US Indexes Higher

Price of crude oil hits highest point since 2014

(Newser) - Stocks closed Thursday at more all-time highs as energy companies led the way, the AP reports. The price of crude oil rose again and is the highest it's been since 2014. Chevron climbed 3% and Exxon Mobil rose 1%. Trading was calmer following a wobble the day before, when...

Stocks Fade, Ending
a New Year's Rally

MARKETS

Jan 10, 2018 3:48 PM CST

Stocks Fade, Ending a New Year's Rally

Standard & Poor's declines for first time in 7 days

(Newser) - A stellar start for the New Year on Wall Street has faded as the market posted its first loss of the year on Wednesday, the AP reports. The slight declines came after six straight gains for the Standard & Poor's 500 index, its longest winning streak to open a...

Stocks Close Higher,
Led by Technology

MARKETS

Jan 5, 2018 3:44 PM CST

Stocks Close Higher, Led by Technology

It was solid 1st week of 2018 on New York Stock Exchange

(Newser) - Stocks capped a solid opening week of the year with big gains for technology, materials, and energy companies on Friday, the AP reports. Tech stocks, which were the biggest stars of the market last year, continued in that role in the opening week of 2018. Cisco Systems rose 1.4%,...

Dow Closes Over
25K for 1st Time Ever

MARKETS

Jan 4, 2018 3:35 PM CST

Dow Closes Over 25K for 1st Time Ever

Tech stocks continued to do well Thursday

(Newser) - The Dow Jones industrial average closed above 25,000 points for the first time, just five weeks after its first close above 24,000, the AP reports. Technology companies, which put up some of the biggest gains in the last year, continued to outpace the rest of the market Thursday....

Tech Gains Power
More US Stock Records

MARKETS

Jan 3, 2018 3:22 PM CST

Tech Gains Power More US Stock Records

Energy and health care stocks also did well

(Newser) - Stocks closed higher Wednesday on Wall Street and pushed major US indexes to more record highs, the AP reports. Technology companies were once again the main driver of the gains. Chipmaker Nvidia rose 6.6% and business software maker Oracle increased 2.3%. Health care and energy stocks also did...

Stocks Slip on Last
Trading Day of 2017

MARKETS

Dec 29, 2017 3:24 PM CST

Stocks Slip on Last Trading Day of 2017

But Standard & Poor's 500 index closes its best year 4 years

(Newser) - Stocks ended lower on the final trading day of 2017, capping the best year for the Standard & Poor's 500 index in four years, the AP reports. Losses in the technology, financial, and health care sectors outweighed slight gains for consumer products makers Friday. Advanced Micro Devices gave up...

Stocks Slightly
Lower Ahead of
Christmas Holiday

MARKETS

Dec 22, 2017 3:37 PM CST

Stocks Slightly Lower Ahead of Christmas Holiday

Health care companies and banks fell the most

(Newser) - Stocks closed mostly lower Friday on Wall Street as a subdued week of trading came to a close, the AP reports. Health care companies and banks fell the most. Nike fell 2.3% after reporting disappointing results in its North American business. Trading in bitcoin futures was volatile . Futures dropped...

Energy Stocks, Banks
Lead Indexes Higher

MARKETS

Dec 21, 2017 3:27 PM CST

Energy Stocks, Banks Lead Indexes Higher

Stocks closed higher Thursday, erasing losses from day earlier

(Newser) - Stocks closed broadly higher Thursday on Wall Street, erasing modest losses from a day earlier, the AP reports. Energy stocks and banks accounted for most of the gains. Goldman Sachs gained 2.3% and Chevron climbed 3.3%. Retailers also rose. Technology stocks lagged the most.

US Stock Indexes
Close Mostly Lower

MARKETS

Dec 20, 2017 3:18 PM CST

US Stock Indexes Close Mostly Lower

Small-company stocks do well after GOP passes its tax plan

(Newser) - Stock indexes closed mostly lower Wednesday on Wall Street after bouncing around for much of the day, the AP reports. Health care companies and banks fell Wednesday. Drugmaker Pfizer fell 1.3%. Small-company stocks, which stand to benefit most from lower corporate tax rates, rose after Congress passed the Republican-sponsored...

Stock Indexes Gain as
Tax Plan Advances

MARKETS

Dec 15, 2017 3:21 PM CST

Stock Indexes Gain as Tax Plan Advances

Small-company stocks were big winners Friday

(Newser) - Stocks closed higher Friday on Wall Street as Congressional Republicans put the final touches on a tax overhaul plan, the AP reports. The gains more than wiped out the market's losses from the day before and drove indexes to their latest all-time highs. Small-company stocks, which stand to benefit...

Tax Plan Trouble
Sends Stocks Lower

MARKETS

Dec 14, 2017 3:49 PM CST

Tax Plan Trouble Sends Stocks Lower

And Marco Rubio is to blame

(Newser) - Stocks gave up an early gain and finished lower Thursday as the Republican tax plan hit another snag, the AP reports. Indexes turned lower after Sen. Marco Rubio said he would vote against the bill unless the child tax credit was expanded. Small-company stocks, which stand to benefit the most...

US Indexes Close
Mostly Higher

MARKETS

Dec 13, 2017 3:40 PM CST

US Indexes Close Mostly Higher

But bank stocks pull Standard & Poor's lower

(Newser) - Stocks closed mostly higher Wednesday on Wall Street, but a pullback in bank stocks left the Standard & Poor's 500 index slightly lower, the AP reports. The Dow Jones industrials closed higher Wednesday, driven by a jump in Caterpillar, giving the index another all-time high. Caterpillar climbed 3.6%....

Jobs, Brexit Progress
Send Stocks Higher

MARKETS

Dec 8, 2017 3:15 PM CST

Jobs, Brexit Progress Send Stocks Higher

Health care stocks especially did well Friday

(Newser) - Stocks ended higher Friday as investors welcomed a strong US jobs report and progress in Britain's talks about leaving the European Union, the AP reports. Health care stocks rose more than the rest of the market. Alexion Pharmaceuticals jumped 7.2% after the New York Times reported that an...

S&P 500 Breaks
4-Day Losing Streak

MARKETS

Dec 7, 2017 3:34 PM CST

S&P 500 Breaks 4-Day Losing Streak

Stocks close higher Thursday

(Newser) - Stocks closed higher Thursday on Wall Street, breaking a four-day losing streak for the Standard & Poor's 500 index, the AP reports. Technology and industrial stocks rose more than the rest of the market. Facebook rose 2.3%, while Boeing climbed 1.3%. Energy stocks also rose as the...

Energy Slump Pulls
Stock Market Lower

MARKETS

Dec 6, 2017 3:26 PM CST

Energy Slump Pulls Stock Market Lower

Home improvement retailers also had a bad day

(Newser) - Stocks closed mostly lower after an up-and-down day of trading as energy companies and retailers dragged the market down, the AP reports. A steep drop in the price of oil Wednesday pulled the energy sector lower. Devon Energy slumped 3.9%. Benchmark US crude fell 2.9%. Home improvement retailers...

Stocks Tumble, Rebound
After Flynn Guilty Plea

MARKETS

Dec 1, 2017 3:29 PM CST

Stocks Tumble, Rebound After Flynn Guilty Plea

Technology and industrial down; energy up

(Newser) - Stocks are closing modestly lower, having recouped much of a steep loss from earlier in the day after a former adviser to the White House pleaded guilty to lying to the FBI , the AP reports. News that former national security adviser Michael Flynn would cooperate with the probe into Russian...

Dow Has 1st Close
Above 24K Points

MARKETS

Nov 30, 2017 3:23 PM CST

Dow Has 1st Close Above 24K Points

Stocks showed broad gains in trading Thursday

(Newser) - Stocks powered to new highs on Wall Street on Thursday, giving the Dow Jones industrials their biggest gain since March and putting them past 24,000 points for the first time, the AP reports. Other market indicators also reached milestones on Thursday. The Standard & Poor's 500 index, which...