Dow Jones – News Stories About Dow Jones - Page 14

Banks Bounce Back, Sparking
Another Rally for Stocks

markets

Mar 21, 2023 4:03 PM CDT

Banks Bounce Back, Sparking Another Rally for Stocks

Investors welcome reassurances from Yellen

(Newser) - Stocks rallied Tuesday, led by the banks most beaten down by the industry's crisis, and some of Wall Street's fear washed out on hopes the federal government will offer more help if needed. The S&P 500 posted its first back-to-back gain since Silicon Valley Bank's quicksilver...

Bank Deals Give
Wall Street a Boost

MARKETS

Mar 20, 2023 3:58 PM CDT

Bank Deals Give Wall Street a Boost

Dow jumps 383 points

(Newser) - Wall Street closed higher Monday after regulators pushed together two huge banks over the weekend and made other moves to build confidence in the struggling industry. The S&P 500 rose 34.93 points, or 0.9%, to 3,951.57. The Dow Jones Industrial Average rose 382.60 points,...

Wall Street Pares
Big Losses Before
Closing Bell

MARKETS

Mar 15, 2023 3:53 PM CDT

Wall Street Pares Big Losses Before Closing Bell

Fears of global banking crisis shook markets

(Newser) - Stocks fell Wednesday amid fresh worries about the banking sector, although Wall Street more than halved its losses by the closing bell. The S&P 500 fell 27.36 points, or 0.7%, to 3,891.93. The Dow Jones Industrial Average fell 280.83 points, or 0.9%, to...

Stocks Climb as
Traders Bet on
Pause in Rate Hikes

MARKETS

Mar 14, 2023 3:40 PM CDT

Stocks Climb as Traders Bet on Pause in Rate Hikes

Bank stocks are starting to bounce back

(Newser) - Stocks closed higher on Wall Street Tuesday as some of the most breathtaking moves from a manic Monday reversed course. The S&P 500 rose 64.80 points, or 1.7%, to 3,920.56 after a report showed inflation is still high , though no more than expected. The Dow...

It Was a Bad Day
for Bank Stocks

MARKETS

Mar 13, 2023 3:46 PM CDT

It Was a Bad Day for Bank Stocks

But other stocks rose amid hopes Fed will now hold off on rate hikes

(Newser) - Bank stocks tumbled Monday on worries about what’s next to break, following the second- and third-largest bank failures in US history. But many other stocks rose Monday on hopes the bloodletting will force the Federal Reserve to take it easier on the hikes to interest rates that are shaking...

Fed Chair's Latest Remarks
Give Markets Solace

MARKETS

Mar 8, 2023 3:49 PM CST

Fed Chair's Latest Remarks Give Markets Solace

'We’re not on a preset path' to bigger rate hikes, Powell says

(Newser) - Stocks drifted to a mixed close on Wall Street a day after sinking to one of their worst days of the year. The S&P 500 rose 5.64 points, or 0.1%, to 3,992.01. The Dow Jones Industrial Average fell 58.06 points, or 0.2%, to...

Wall Street Tumbles After Warning From Fed Chief

Dow Drops 575 Points After
Warning From Fed Chief

MARKETS

Mar 7, 2023 3:56 PM CST

Dow Drops 575 Points After Warning From Fed Chief

Powell says rate hikes could be stepped up

(Newser) - Stocks sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation. The S&P 500 fell 62.05 points, or 1.5%, to 3,986.37. The Dow Jones Industrial Average fell...

With a Big Week Ahead,
Markets Are in a
Holding Pattern

MARKETS

Mar 6, 2023 3:49 PM CST

With a Big Week Ahead, Markets Are in a Holding Pattern

Friday jobs report could cause big swing

(Newser) - Stocks drifted to a mixed close Monday as Wall Street remained in a holding pattern ahead of a potentially big week. The S&P 500 rose 2.78 points, or 0.1%, to 4,048.42 after coming off its first winning week in the last four. The Dow Jones...

Stocks Open March
With More Losses

MARKETS

Mar 1, 2023 3:46 PM CST

Stocks Open March With More Losses

Investors expect interest rates to stay higher for longer

(Newser) - Most stocks marched lower Wednesday as stubbornly sticky inflation has Wall Street bracing for interest rates to stay higher for longer. The S&P 500 fell 18.76 points, or 0.5%, to 3,951.39 in its first trading after coming off a frigid February. The Dow rose 5....

Tough Month for Stocks
Ends With More Losses

MARKETS

Feb 28, 2023 4:13 PM CST

Tough Month for Stocks Ends With More Losses

Norwegian Cruise Line tumbles 10.2%

(Newser) - A frigid February for Wall Street closed out with more losses on Tuesday. The S&P 500 fell 0.3% points to 3,970.15 to lock in a loss of 2.6% for the month. The Dow Jones Industrial Average fell 232.39 points, or 0.7%, to 32,...

Stocks Claw Back
Some of Their Losses

MARKETS

Feb 27, 2023 3:35 PM CST

Stocks Claw Back Some of Their Losses

Union Pacific was among the winners

(Newser) - Stocks closed slightly higher Monday, clawing back some of the losses from their worst week since early December. The S&P 500 rose 12.20 points, or 0.3%, to 3,982.24 for only its second gain in the last seven days. The Dow Jones Industrial Average rose 72....

2 Companies Drop After
Reporting Strong Results

MARKETS

Feb 22, 2023 3:40 PM CST

2 Companies Drop After Reporting Strong Results

Investors are worried about outlook for future orders

(Newser) - Stocks ended mixed a day after falling to their worst loss since December, as Wall Street prepares for interest rates to stay higher for longer. The S&P 500 fell 6.29 points, or 0.2%, to 3,991.05 Wednesday after drifting between small gains and losses. The Dow...

Dow Drops 697 Points
Amid Interest Rate Worries

MARKETS

Feb 21, 2023 3:48 PM CST

Dow Drops 697 Points Amid Interest Rate Worries

It was Wall Street's worst day in 2 months

(Newser) - Stocks tumbled to their worst day in two months Tuesday, buckling under worries about higher interest rates and their tightening squeeze on Wall Street and the economy. The S&P 500 fell 81.75 points, or 2%, to 3,997.34 for its sharpest drop since the market was selling...

Blowout Retail Sales
Data Lifts Markets

MARKETS

Feb 15, 2023 4:08 PM CST

Blowout Retail Sales Data Lifts Markets

S&P 500 erases early loss

(Newser) - Stocks closed slightly higher on Wall Street after a report showed US shoppers opened their wallets at stores last month by much more than expected, even as they contended with higher interest rates on credit cards and other loans. The S&P 500 eked out a gain of 0.3%...

Key Inflation Report
Didn't Shake Markets

MARKETS

Feb 14, 2023 3:52 PM CST

Key Inflation Report Didn't Shake Markets

Indexes dropped slightly after report suggested inflation is cooling more slowly than hoped

(Newser) - Stocks ended mixed on Wall Street following several sharp reversals after a report suggested inflation may not be slowing as quickly and as smoothly as hoped. The S&P 500 closed virtually unchanged Tuesday after swinging between losses and gains throughout the day. The index fell 1.16 points, less...

Dow Jumps 377 Points
Ahead of Inflation Report

MARKETS

Feb 13, 2023 3:48 PM CST

Dow Jumps 377 Points Ahead of Inflation Report

Traders are betting figures will show inflation is continuing to cool

(Newser) - Wall Street closed higher Monday as traders made their final moves in anticipation of a report that could show whether inflation is cooling in the right way or setting the market up for worse pain. The S&P 500 rose 46.83 points, or 1.1%, to 4,137.29....

Chipotle Falls 5% on a
Rough Day for Wall St.

MARKETS

Feb 8, 2023 3:41 PM CST

Chipotle Falls 5% on a Rough Day for Wall St.

Major indexes drop amid continued uncertainty

(Newser) - Wall Street gave back some of its recent gains Wednesday as uncertainty about interest rates and inflation continued to reign. The S&P 500 fell 46.14 points, or 1.1%, to 4,117.86 The Dow Jones Industrial Average fell 207.68 points, or 0.6%, to 33,949....

Fed Chair's Remarks
Lift Wall Street

MARKETS

Feb 7, 2023 3:46 PM CST

Fed Chair's Remarks Lift Wall Street

Dow rises 266 point

(Newser) - Stocks closed higher on Wall Street after the head of the Federal Reserve signaled last week’s stunningly strong jobs report isn’t likely to change where interest rates are heading on its own, as some investors had feared. The S&P 500 rose 52.92 points, or 1.3%,...

Stocks Drop for a 2nd Day
After Stunning Jobs Report

MARKETS

Feb 6, 2023 3:43 PM CST

Stocks Drop for a 2nd Day After Stunning Jobs Report

Investors are worried about more rate hikes

(Newser) - Stocks slipped again on Wall Street Monday. The S&P 500 fell 0.6%, its second straight fall after a stunningly strong report on the jobs market dented the market’s hopes that interest rates would ease. The S&P 500 fell 25.40 points to 4,111.08. The...

Stocks Do U-Turn
After Fed Chief Speaks

MARKETS

Feb 1, 2023 4:00 PM CST

Stocks Do U-Turn After Fed Chief Speaks

S&P 500 jumps from 1% loss to 1% gain as Powell sees progress against inflation

(Newser) - Stocks climbed Wednesday to send Wall Street to its best level since the summer following the latest hike to interest rates by the Federal Reserve, which said it’s finally seeing improvements in inflation. The S&P 500 rallied back from an early 1% loss to finish 1% higher 4,...