Dow Jones

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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...

Tech Stocks Drag Broader Market Down
Tech Stocks Drop
for 6th Day in a Row
MARKETS
May 4, 2021 3:59 PM CDT

Tech Stocks Drop for 6th Day in a Row

Apple, Amazon saw some of the biggest falls

(Newser) - Stocks closed lower on Wall Street Tuesday, dragged down by big technology companies like Apple and Microsoft. The declines marked the sixth straight losing day for technology stocks, the AP reports. Investors continue to focus on corporate earnings and gauge the economic recovery’s progress. Earnings and most economic indicators...

Dow Jumps 237 Points as US Outlook Brightens
Dow Jumps 237 Points
as US Outlook Brightens
MARKETS
May 3, 2021 3:44 PM CDT

Dow Jumps 237 Points as US Outlook Brightens

Gap, Mohawk Industries among the biggest risers

(Newser) - Stocks closed solidly higher Monday as investors cheered a strong dose of positive earnings reports as well as economic data that showed the US economy is growing. Shares of clothing retailer Gap Inc. and flooring manufacturer Mohawk Industries both gained more than 7%. The Institute for Supply Management’s manufacturing...

Google Parent Company Up 3.8% as Profits Double

Indexes dipped after Fed left rate near zero

(Newser) - Major US stock indexes ended slightly lower on Wall Street Wednesday after the Federal Reserve left its key interest rate unchanged near zero, even as it noted recent improvement in the economy. Investors were also dealing with a wave of earnings reports from major U.S. companies and looking ahead...

UPS Jumps More Than 10% After Surge in Volume, Profits
Stock Jumps 11% After
UPS Delivers Good News
MARKETS
Apr 27, 2021 3:49 PM CDT

Stock Jumps 11% After UPS Delivers Good News

It was S&P 500's best performer Tuesday

(Newser) - Major US stock indexes ended a wobbly day mixed on Wall Street, keeping the S&P 500 near the record high it set a day earlier. The benchmark index ended down less than one point Tuesday and the Dow Jones Industrial Average closed basically unchanged. It’s a heavy week...

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