Dow Jones

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Stocks Surge After Fed Rate Hike
Stocks Surge After
Fed Rate Hike
MARKETS
Jul 27, 2022 3:43 PM CDT

Stocks Surge After Fed Rate Hike

Nasdaq index had its best day in more than 2 years

(Newser) - Stocks on Wall Street closed solidly higher Wednesday after the Federal Reserve ratcheted up its campaign against surging inflation by raising its key interest rate three-quarters of a point. The Fed’s latest hike lifts the benchmark short-term rate to its highest level since 2018. The S&P 500 rose...

Markets Drop After Grim News From Walmart
Markets Drop After
Grim News From Walmart
MARKETS
Jul 26, 2022 3:49 PM CDT

Markets Drop After Grim News From Walmart

Microsoft delivers disappointing results

(Newser) - Stocks closed lower on Wall Street Tuesday after Walmart warned that inflation is negatively impacting American consumers’ spending power. The S&P 500 fell 45.79 points, or 1.2%, to 3,921.05 The Dow Jones Industrial Average fell 228.50 points, or 0.7%, to 31,761.54....

Investors Are Braced for Fed Meeting, Tech Earnings

WWE jumps 8.4% after McMahon retirement

(Newser) - Stocks closed mixed on Monday as investors braced for a two-day meeting of the Federal Reserve this week. The nation’s central bank is expected to raise interest rates sharply to combat inflation. The S&P 500 index and Dow Jones Industrial Average rose slightly, led by energy, utilities, and...

Indexes Edge Upward as More Profit Reports Roll In
Netflix Jumps 7.4% on
Winning Day for Wall St.
MARKETS
Jul 20, 2022 3:40 PM CDT

Netflix Jumps 7.4% on Winning Day for Wall St.

Indexes rose as more profit reports rolled in

(Newser) - Stocks closed higher on Wall Street again Wednesday as more profit reports rolled in from US companies. Profit reporting season is ramping up for big companies, with more types of industries offering details about how high inflation and a possible recession are affecting their customers, the AP reports. A lot...

Wall Street Just Had Its Best Day in 3 Weeks
Dow Jumps 754 Points
as Profit Reports Roll In
MARKETS
Jul 19, 2022 3:42 PM CDT

Dow Jumps 754 Points as Profit Reports Roll In

99% of stocks in the S&P 500 rose

(Newser) - Wall Street rallied Tuesday to its best day in three weeks as more reports poured in on how much profit companies made during the spring. The S&P 500 rose 105.84 points, or 2.8%, to 3,936.69 after a powerful tide carried 99% of the stocks in...

Stocks Lose Early Gains as Corporate Reports Roll In
Wall Street Had a
Shaky Start to a Busy Week
MARKETS
Jul 18, 2022 4:05 PM CDT

Wall Street Had a Shaky Start to a Busy Week

Dow was down 215 points

(Newser) - Stock indexes on Wall Street shed early gains and turned lower in afternoon trading Monday, a choppy start to a week full of updates on the two things that set stock prices: how much profit companies are making and where interest rates are heading. The S&P 500, which was...

Wall Street Braces for Bike Hike in Rates
Wall Street Braces
for Big Hike in Rates
MARKETS
Jul 13, 2022 3:38 PM CDT

Wall Street Braces for Big Hike in Rates

Stocks closed lower after release of disappointing inflation figures

(Newser) - Stocks ended another shaky day lower on Wall Street Wednesday after a highly anticipated report on inflation turned out to be even worse than expected . The S&P 500 fell 0.5% after tumbling as much as 1.6% earlier. The Nasdaq slipped 17.15 points, or 0.2%, to...

Stocks Slide as Wall St. Braces for a Big Week
Stocks, Oil Prices Slide
MARKETS
Jul 12, 2022 3:44 PM CDT

Stocks, Oil Prices Slide

US crude oil price slumps 7.9%

(Newser) - Stocks on Wall Street closed lower Tuesday as investors brace for a big week of news on inflation and company earnings reports. The S&P 500 fell 35.63 points, or 0.9%, to 3,818.80. The Dow Jones Industrial Average fell 192.51 points, or 0.6%, to...

Twitter Stock Dives 11.4%
Twitter Stock Dives 11.4%
MARKETS
Jul 11, 2022 3:47 PM CDT

Twitter Stock Dives 11.4%

Tech stocks were among the weakest on a bad day for Wall St.

(Newser) - Wall Street indexes resumed falling on Monday, ahead of a busy week with updates scheduled for how bad inflation is and how corporate profits are being affected. The S&P 500 fell 44.95 points, or 1.2%, to 3,854.43. The Dow Jones Industrial Average fell 164.31...

Stocks Close Higher After Release of Fed Minutes

Falling oil prices could take pressure off central bank

(Newser) - Stocks closed higher on Wall Street Wednesday following the release of minutes from the Federal Reserve’s most recent policy meeting. The S&P 500 rose 13.69 points, or 0.4%, to 3,845.08. The Dow Jones Industrial Average rose 69.86 points, or 0.2%, to 31,...

Stocks Make Small Gains After Shaking Off Slump
Oil Sinks Back
Below $100 a Barrel
MARKETS
Jul 5, 2022 4:07 PM CDT

Oil Sinks Back Below $100 a Barrel

Tech stocks rallied after early slump

(Newser) - Major stock indexes shook off an early slump and ended with meager gains on Wall Street Tuesday as worries about the economy continue to weigh on markets. Oil prices slumped, bringing the price of US crude back below $100 a barrel for the first time since early May, the AP...

Stocks on Track for 4th Monthly Loss This Year
Cruise Lines, Small Company
Stocks Drop Sharply
MARKETS
Jun 29, 2022 3:46 PM CDT

Cruise Lines, Small Company Stocks Drop Sharply

'Not only is recession the base case, but I think it already may have begun'

(Newser) - Stocks ended mostly lower on Wall Street Wednesday, keeping the market on track for its fourth monthly loss this year. The S&P 500 fell 2.72 points, or 0.1%, to 3,818.83. The benchmark index has been volatile all week, and is down 20% for the year...

Stocks Resume Slide as Consumer Confidence Drops

S&P 500 fell 2%

(Newser) - Stocks slid on Wall Street Tuesday as the market remains gripped by uncertainty over pervasive inflation, rising interest rates, and the potential for a recession. The Conference Board reported that consumer confidence fell in June to its lowest level in more than a year, driven by concerns over inflation including...

Tech, Travel Stocks Slide as Energy Firms Make Gains

Dow slipped 62 points

(Newser) - Stocks ended mixed after a day of wavering between gains and losses Monday as the market cools off following a rare winning week . Declines in technology and communication stocks, and in several big retailers and travel-related companies weighed on the market. Those losses checked gains in energy stocks and elsewhere....

Energy Stocks Pull Markets Lower After Oil Price Drop

Dow fell 47 points

(Newser) - Stocks gave up an afternoon gain and ended slightly lower on Wall Street Wednesday. Energy companies helped pull the market lower after crude oil prices sank. Investors closely watched testimony to Congress from Federal Reserve Chair Jerome Powell. He reaffirmed the central bank’s determination to raise interest rates and...

Wall Street Regains Ground After Last Week&#39;s Losses
Dow Rises Back Above 30K
MARKETS
Jun 21, 2022 3:56 PM CDT

Dow Rises Back Above 30K

Stocks were broadly higher in first trading day since last week's heavy losses

(Newser) - Stocks closed higher on Wall Street Tuesday, clawing back some of the ground they lost last week in their worst weekly drop since the beginning of the pandemic. The S&P 500 rose 2.4%. It’s still 21.5% below the record high it set in January. Markets will...

Dow Jumps 500 Points, but Is It a 'Dead Cat'?

Market is opening strong, though analysts disagree on whether the rally will be fleeting

(Newser) - The stock market was making big moves again on Tuesday, but this time in a direction that should make investors happy. The Dow jumped more than 500 points in early trading on Tuesday to reclaim its 30,000 threshold. The rise of 1.6% was eclipsed by the benchmark S&...

Stocks Rally After Fed&#39;s Big Rate Hike
Stocks Rebound After
Fed's Big Rate Hike
MARKETS
Jun 15, 2022 3:40 PM CDT

Stocks Rebound After Fed's Big Rate Hike

S&P 500 rose 1.5%

(Newser) - Stocks rallied in a roller-coaster day of trading on Wall Street Wednesday after the Federal Reserve hiked interest rates by the biggest margin since 1994, but also said such mega-hikes would not be common. The Fed did signal that more increases are on the way as it tries to tackle...

Stocks Dip Deeper Into Bear Market
Stocks Continue Slide
Ahead of Big Fed News
MARKETS
Jun 14, 2022 3:38 PM CDT

Stocks Continue Slide Ahead of Big Fed News

Dow dropped another 152 points

(Newser) - Wall Street closed mostly lower on Tuesday, a day after tumbling into a bear market on worries that high inflation will push central banks to clamp the brakes too hard on the economy. The S&P 500 slipped 0.4% after another day of unsteady trading. Investors are bracing to...

Wall Street Is Now in a Bear Market
Wall Street Is Now
in a Bear Market
MARKETS
Jun 13, 2022 3:32 PM CDT

Wall Street Is Now in a Bear Market

Indexes, cryptocurrencies plunge worldwide

(Newser) - Wall Street entered a bear market Monday as the S&P 500 sank 3.9%, bringing it more than 20% below the record high it set in January. Fears about a fragile economy and stubbornly high inflation have slammed the stock market in recent days and sent Treasury yields surging...

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