Dow Jones

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Tech Gains Push S&amp;P 500 to New Record
Big Gains for Big Tech
Push Indexes Higher
MARKETS
Jun 28, 2021 3:48 PM CDT

Big Gains for Big Tech Push Indexes Higher

Facebook jumps after antitrust suit dismissed

(Newser) - Most US stocks edged lower on Monday, but strength for several big tech companies nudged indexes a bit further into record heights. The S&P 500 added 0.2% after bouncing between small gains and losses through the morning. The index is coming off its best week since February as...

Nasdaq Inches Up to New Record High
Nasdaq Inches Up
to New Record High
MARKETS
Jun 23, 2021 3:56 PM CDT

Nasdaq Inches Up to New Record High

Calmness has returned to markets after last week's jolt

(Newser) - A listless day on Wall Street ended with indexes mixed on Wednesday, as nervousness continues to wash out of the market following last week’s jolt by the Federal Reserve. The S&P 500 slipped 4.60 points, or 0.1%, to 4,241.84 after earlier meandering between very...

Markets Remain Calm as Fed Chief Testifies
Analyst Says Investors
Will Have to 'Buckle Up'
MARKETS
Jun 22, 2021 3:45 PM CDT

Analyst Says Investors Will Have to 'Buckle Up'

But markets remained calm as Fed chief Jerome Powell testified

(Newser) - Stocks finished higher on Wall Street Tuesday, nudging the S&P 500 closer to the record high it reached last week. The benchmark index added 0.5%. The Nasdaq did a bit better, climbing 0.8%, with an assist from gains in several big technology stocks. Markets were relatively calm...

Wall Street Bounces Back From Last Week's Losses

Dow surged 587 points

(Newser) - Stocks rebounded on Wall Street Monday and clawed back most of their sharp loss from last week. The S&P 500 snapped 1.4% higher as the initial jolt passed from the Federal Reserve’s reminder that it will eventually offer less help for markets. Oil producers, banks, and other...

Markets Drop as Fed Projects Rate Hikes
Markets Drop as Fed
Projects Rate Hikes
MARKETS
Jun 16, 2021 3:41 PM CDT

Markets Drop as Fed Projects Rate Hikes

Central bank might also slow down bond buys

(Newser) - Stocks fell on Wall Street and bond yields rose Wednesday after Federal Reserve officials signaled they may start easing off the accelerator on their massive support for markets and the economy earlier than previously thought. The S&P 500 fell 0.5% after a highly anticipated set of projections by...

Stocks Dip as Investors Await Fed Decision
Stocks Dip as Investors
Await Fed Decision
MARKETS
Jun 15, 2021 3:51 PM CDT

Stocks Dip as Investors Await Fed Decision

Inflation at the wholesale level leaped last month

(Newser) - US stocks slipped from their record heights Tuesday as investors waited to hear whether the Federal Reserve will give any clue about when it may let up on its massive support for markets. The S&P 500 dipped 8.56, or 0.2%, to 4,246.59, as the Federal...

&#39;Meme Stocks&#39; Take a Hit in Erratic Trading
'Meme Stocks'
Take a Hit in 
Erratic Trading
MARKETS
Jun 9, 2021 3:56 PM CDT

'Meme Stocks' Take a Hit in Erratic Trading

Wendy's gave up half of its Tuesday gains

(Newser) - Stocks gave up an early gain and turned lower in the last half-hour of trading Wednesday, leaving major indexes with modest losses. The S&P 500 lost 0.2% and the Dow Jones Industrial Average gave up 0.4%. The tech-heavy Nasdaq held up somewhat better, ending down just 0....

Investors Eye New Batch of &#39;Meme Stocks&#39;
Wendy's Is Among the
Newest 'Meme Stocks'
MARKETS
Jun 8, 2021 3:35 PM CDT

Wendy's Is Among the Newest 'Meme Stocks'

Shares jumped 24.9% Tuesday

(Newser) - Major indexes closed mostly higher on Wall Street Tuesday, thanks largely to gains in a handful of Big Tech companies. Small-company stocks continued to outpace the rest of the market, while investors’ attention turned to huge gains in a new batch of "meme" stocks favored by online investors, including...

Biogen Soars 40% After FDA Approves New Drug
Biogen Soars 40% After
FDA Approves New Drug
MARKETS
Jun 7, 2021 3:35 PM CDT

Biogen Soars 40% After FDA Approves New Drug

Firm was biggest gainer in S&P 500

(Newser) - Stocks clawed back much of their early losses and ended mixed on Wall Street Monday. The S&P 500 slipped less than 0.1% and the Nasdaq rose 0.5%. The subdued opening to the week follows several choppy weeks as investors continue to gauge the economy’s recovery and...

AMC Shares Surge 95%
AMC Shares Surge 95%
MARKETS
Jun 2, 2021 4:00 PM CDT

AMC Shares Surge 95%

Depop deal makes Etsy biggest gainer in S&P 500

(Newser) - Stocks ks managed to end with modest gains on Wall Street after a day of wavering back and forth. The S&P 500 edged up 0.1% to 4,208.12 Wednesday, with help from technology stocks. The Dow Jones Industrial Average rose 25.07 points, or 0.1%, to...

AMC Stock Jumps 22%
AMC Stock Jumps 22%
MARKETS
Jun 1, 2021 3:41 PM CDT

AMC Stock Jumps 22%

Indexes were mixed after return from long weekend

(Newser) - Major indexes struggled to a mixed finish on Wall Street after giving up an early gain. The S&P 500 slipped less than 0.1% Tuesday as losses for technology and health care companies offset gains in other sectors. Elsewhere, the Nasdaq fell 0.1% while the Dow Jones Industrial...

Dick's Sporting Goods Reports Strong Sales, Surges 16.7%

Return of team sports gives retailer a boost

(Newser) - US stocks closed higher Wednesday as investors continued to monitor the economic recovery and rising inflation. A variety of companies that rely on consumer spending made solid gains. Dick’s Sporting Goods jumped 16.7% after reporting a surge in first-quarter sales and solid earnings as team sports returned. Urban...

Homebuilder Stocks Rise After Report on Sizzling Market
Homebuilders Were
Among Day's Hot Stocks
MARKETS
May 25, 2021 4:07 PM CDT

Homebuilders Were Among Day's Hot Stocks

Rises followed report on sizzling US market

(Newser) - Stocks closed lower on Wall Street, giving up an early gain and losing momentum after a solid start to the week. The S&P 500 slipped 0.2% Tuesday. Gains by several Big Tech companies helped limit the loss in the Nasdaq to less than 0.1%. Banks and energy...

Virgin Galactic Stock Jumps 28% After Landmark Flight

Major indexes rose, with tech stocks leading the way

(Newser) - Stocks closed broadly higher on Wall Street as investors regained an appetite for risk following two straight weeks of losses. The S&P 500 rose 1% Monday, with technology stocks leading the gains. Microsoft and Google’s parent company both rose more than 2%, and the tech-heavy Nasdaq rose 1....

Stocks Drop for a 3rd Day
Stocks Drop for a 3rd Day
MARKETS
May 19, 2021 3:40 PM CDT

Stocks Drop for a 3rd Day

Coinbase dives 6% amid crypto sell-off

(Newser) - Stocks closed broadly lower on Wall Street Wednesday, extending the market’s downturn to a third day. The price of Bitcoin and other cryptocurrencies dropped sharply in a surge of selling . Bitcoin’s price was down 7% to just over $40,000, according to the crypto news site Coindesk, having...

AT&amp;T Was Biggest Loser in S&amp;P 500
AT&T, Discovery
Slide for a Second Day
MARKETS
May 18, 2021 3:48 PM CDT

AT&T, Discovery Slide for a Second Day

Late drop in tech stocks left indexes lower

(Newser) - An afternoon drop led by big technology stocks left major market indexes broadly lower on Wall Street Tuesday. The S&P 500 lost 0.9%, with most of those losses coming in the last hour of trading. Apple, Facebook, and Google’s parent company all lost 1% or more. Walmart...

AT&amp;T, Discovery Drop After $43B Deal Announced
AT&T, Discovery Drop
After $43B Deal Announced
MARKETS
May 17, 2021 3:55 PM CDT

AT&T, Discovery Drop After $43B Deal Announced

S&P 500, Dow started the week with losses

(Newser) - US stocks closed modestly lower Monday, tacking more losses onto last week’s stumble, as worries about inflation continue to dog Wall Street. The S&P 500 dipped 10.56 points, or 0.3%, to 4,163.29, with tech stocks and other former market darlings once again taking the...

Dow Drops 681 Points After Inflation Report
Dow Drops 681 Points 
After Inflation Report
MARKETS
May 12, 2021 3:45 PM CDT

Dow Drops 681 Points After Inflation Report

S&P 500 dived 2.1%

(Newser) - Stocks pulled back again on Wall Street Wednesday after a surprisingly big jump in inflation last month worsened worries among investors that the economy may run too hot as it bounces back from its pandemic-induced recession. Tech giants, which had soared during the past year of lockdowns, took some of...

Tech Sell-Off Drags Nasdaq Down 2.5%
Big Drops for Tech Stocks
Drag Markets Down
MARKETS
May 10, 2021 3:36 PM CDT

Big Drops for Tech Stocks Drag Markets Down

Musk's 'SNL' appearance didn't help Tesla stock

(Newser) - Drops in several Big Tech companies led the stock market lower Monday, pulling major indexes below the record highs they set last week. The S&P 500 lost 1% after spending the first half of the day wobbling between small gains and losses. The tech-heavy Nasdaq gave back 2.5%...

Peloton Shares Dive 14.5% After Treadmills Recalled

Dow Jones rose 97 points to record high

(Newser) - Major US stock indexes closed with mixed results Wednesday as a pullback in utilities and real estate companies kept gains elsewhere in the market in check. The S&P 500 posted a gain of 0.1% to 4,167, after having been up 0.6% earlier in the day. The...

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