Dow Jones

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Dow Drops 505 Points After Fed Chief&#39;s Remarks
Dow Drops 505 Points
After Fed Chief's Remarks
MARKETS

Dow Drops 505 Points After Fed Chief's Remarks

Powell signals that rate hikes will continue

(Newser) - Stocks closed broadly lower on Wall Street Wednesday after Federal Reserve Chair Jerome Powell signaled that the central bank will eventually need to bring rates higher than previously anticipated in order to tame the worst inflation in decades. The Fed also announced its fourth straight extra-large rate increase of three-quarters...

Stocks Drop After Latest Job Market Report
Stocks Drop After
Latest Job Market Report
MARKETS

Stocks Drop After Latest Job Market Report

'The labor market is still too tight for the Fed'

(Newser) - Stocks gave up early gains and ended lower on Wall Street after an unexpectedly strong report on the job market raised concerns that the Federal Reserve will need to keep the pressure on inflation with aggressive interest rate increases. The S&P 500 fell 0.4% after having been up...

Dow Just Had Its Best Month Since 1976
Dow Just Had Its
Best Month Since 1976
MARKETS

Dow Just Had Its Best Month Since 1976

But major indexes dipped on Monday

(Newser) - Stocks ended lower on Wall Street Monday, but major indexes still wound up with big gains for October, including the best month for the Dow Jones Industrial Average since 1976. The broader S&P 500, the benchmark for many index funds, had its first monthly gain since July, as did...

Tech Giants Drop After Reporting Weak Earnings
Tech Giants Drop After
Reporting Weak Earnings
MARKETS

Tech Giants Drop After Reporting Weak Earnings

Google's parent company slumped 9.1%

(Newser) - Stock ended mixed on Wall Street on Wednesday as investors weighed the latest batch of earnings reports, including weak results from several heavyweight technology companies. The S&P 500 fell 28.51 points, or 0.7%, to 3,830.60. The Dow Jones Industrial Average ended just barely in the...

Major Indexes Rise as Earnings Reports Roll In
Adidas Drops 2.4%
After Dumping Ye
MARKETS

Adidas Drops 2.4% After Dumping Ye

Dow rises 337 points as corporate earnings roll in

(Newser) - Stocks closed higher on Wall Street, marking the third straight gain for the S&P 500. The benchmark hadn’t been able to string together more than two gains in a row since mid-September. The gains Tuesday came as the flow of company earnings reports stepped up. The S&P...

Stocks Rise as Tech Giants Prepare to Report Earnings

In China, markets didn't welcome Xi Jinping's third term

(Newser) - Stocks shook off an early bout of unsettled trading Monday and ended higher ahead of a heavy week of earnings from big tech companies. The S&P 500 rose 44.59 points, or 1.2%, to 3,797.34. The Dow Jones Industrial Average rose 417.06 points, or 1....

After 2 Days of Gains, Wall St. Changes Course
After 2 Days of Gains,
Wall St. Changes Course
MARKETS

After 2 Days of Gains, Wall St. Changes Course

Dow sheds 100 points

(Newser) - Stocks closed lower on Wall Street Wednesday, reversing course after two days of gains. Major indexes are still higher for the week despite the declines, which pulled every sector lower except energy. Treasury yields continue to climb to multiyear highs, tempting investors with higher returns on relatively low-risk investments. Several...

Strong Lockheed Martin Earnings Lift Defense Stocks

Indexes rose for a second day in a row

(Newser) - Stocks rose on Wall Street Tuesday, adding to weekly gains for major indexes that have been mired in a broad slump amid inflation and recession concerns. The S&P 500 rose 42.03 points, or 1.1%, to 3,719.98. The Dow Jones Industrial Average rose 337.98 points,...

Stocks Surge, Making Up for Friday&#39;s Losses
Tech Stocks Lead
Surge on Wall Street
MARKETS

Tech Stocks Lead Surge on Wall Street

Dow jumps 551 points

(Newser) - Stocks closed sharply higher Monday on Wall Street, marking the latest about-face for a market that has been unsteadily lurching between gains and losses in recent weeks. The S&P 500 rose 94.88 points, or 2.6%, to 3,677.95, more than recovering the ground it lost in...

Cruise Lines Were Among Wall St.'s Biggest Winners

But indexes closed lower after a late wobble

(Newser) - Stocks ended a wobbly day lower on Wall Street after a late-afternoon drop erased the tentative gains major indexes had been clinging to for much of the day. The S&P 500 fell 11.81 points, or 0.3%, to 3,577.03 Wednesday, its sixth consecutive loss. The Dow...

Uber, Lyft Slump After Government Labor Proposal

Rule would make it harder for companies to treat workers as independent contractors

(Newser) - Stocks ended mostly lower after an afternoon hiccup on Wall Street as trading remains unsettled ahead of key reports on inflation and corporate earnings. The S&P 500 fell 23.55 points, or 0.7%, to 3,588.84 after wavering down, up, then back down again. The Dow Jones...

Wall Street&#39;s Rally Runs Out of Gas
Wall Street's Rally
Runs Out of Gas
MARKETS

Wall Street's Rally Runs Out of Gas

Stocks are in a 'tug of war between reality and expectation'

(Newser) - Stocks ended slightly lower on Wall Street as a gangbuster two-day rally ran out of gas. The S&P 500 fell 7.65 points, or 0.2%, to 3,783.28 Wednesday after briefly heading into the green late in the day. Its early rally this week was the biggest...

Stocks Claw Back More Ground as Rally Continues

Twitter jumps 22.1% after reports Musk plans to proceed with deal

(Newser) - Stocks rose sharply again on Wall Street Tuesday and clawed back more of the ground they lost in a miserable several weeks. The S&P 500 rose 112.50 points, or 3.1%, to 3,790.93. The benchmark index has been rallying since hitting its lowest point of the...

Wall Street Just Had Its Best Day Since July
Indexes Rise Sharply
Despite Big Tesla Drop
MARKETS

Indexes Rise Sharply Despite Big Tesla Drop

Dow jumps 765 points

(Newser) - Wall Street rallied to its best day since late July as falling bond yields eased some of the pressure that’s battered markets. The S&P 500 rose 2.6% Monday, the latest swing for a scattershot market that’s been mostly falling this year on worries about a possible...

Wall Street Snaps Longest Losing Streak Since COVID Crash
Dow Jumps 549 Points as
UK Calms World Markets
MARKETS

Dow Jumps 549 Points as UK Calms World Markets

Wall St. breaks longest losing streak since COVID crash

(Newser) - Stocks on Wall Street soared to their first gain in more than a week as some calm returned to financial markets around the world. The S&P 500 jumped 2% Wednesday for its best day in seven weeks. That snapped Wall Street’s longest losing streak since the coronavirus crash...

Dow Keeps Sliding After Entering Bear Market
Dow Keeps Sliding After
Entering Bear Market
MARKETS

Dow Keeps Sliding After Entering Bear Market

S&P 500 also dropped Tuesday

(Newser) - Stocks ended a wobbly day with mixed results on Wall Street as markets continue to be unstable amid worries about a possible recession. The volatile trading came a day after the Dow Jones Industrial Average followed other major US indexes into a bear market. The S&P 500 fell 7....

Stocks Continue Slump as Recession Fears Grow
Stocks Drop Again as
Pessimism Grips Markets
MARKETS

Stocks Drop Again as Pessimism Grips Markets

'We're starting to have a handoff from fears about inflation and the Fed to global economic worries'

(Newser) - Stocks fell on Wall Street Monday and put major indexes deeper into a slump as recession fears grow. The S&P 500 fell 38.19 points, or 1%, to 3,655.04. The Dow Jones Industrial Average fell 329.60 points, or 1.1%, to 29,260.81. The Nasdaq...

Stocks Slump After Fed Raises Rates
Dow Drops 522 Points
After Fed Raises Rates
MARKETS

Dow Drops 522 Points After Fed Raises Rates

Central bank also raised forecast on how high rates might have to go

(Newser) - Wall Street closed sharply lower Wednesday after the Federal Reserve stepped up its fight against inflation by raising interest rates . The S&P 500 fell 66 points, or 1.7%, to 3,789.93. The Dow Jones Industrial Average fell 522.45 points, or 1.7%, to 30,183.78....

Stocks Drop on Eve of Big Fed Decision
Stocks Drop on Eve
of Big Fed Decision
MARKETS

Stocks Drop on Eve of Big Fed Decision

Ford plunges 12.4% after slashing earnings forecast

(Newser) - Stocks closed lower on Wall Street Tuesday ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 fell 43.96 points, or 1.1%, to 3,855.93. The Dow Jones Industrial Average fell 313.45 points, or 1%, to 30,706.23. The...

Tech Stocks Help Lift Markets Ahead of Expected Fed Move

Wall Street started the week with gains

(Newser) - Stocks closed higher on Wall Street on Monday after swaying between small gains and losses much of the day as investors brace for another big interest rate increase this week from the Federal Reserve. The S&P 500 rose 26.56 points, or 0.7%, to 3,899.89. The...

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