Dow Jones

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Indexes Hit Record Highs as Corporate Profits Soar
Corporate Profits Are
Way Up From a Year Ago
MARKETS

Corporate Profits Are Way Up From a Year Ago

S&P, Nasdaq hit new record highs

(Newser) - Modest gains for stocks nudged the S&P 500 and the Nasdaq to more record highs on Wall Street as investors braced for a deluge of earnings reports from big US companies. Of the 500 members of the S&P 500 index, 181 will report their results this week. Apple,...

It Was a Winning Day on Wall St., But Not for Netflix

Company fell 7.4% after disappointing news on subscriber growth

(Newser) - Stocks ended broadly higher on Wall Street after steadily gaining throughout the day. The S&P 500 index added 0.9% Wednesday following its first back-to-back loss since March. Technology companies and banks helped lead the way higher. Communications stocks were among the only losers, led by a 7.4%...

United Airlines Stock Tumbles 8.5%
United Airlines Stock
Tumbles 8.5%
MARKETS

United Airlines Stock Tumbles 8.5%

Tech stocks led broader market lower

(Newser) - Stocks closed lower on Wall Street, led by drops in technology companies and banks. The S&P 500 gave back 0.7%, pulling the index further below the record high it set on Friday. Small-company stocks, which have been beating the rest of the market in recent months, fell more...

Tesla Shares Drop 3.7% After Deadly Crash
Tesla Shares Drop
3.7% After Deadly Crash
MARKETS

Tesla Shares Drop 3.7% After Deadly Crash

Tech stocks led Wall Street pullback

(Newser) - Stocks closed broadly lower on Wall Street Monday, pulling major indexes below the record highs they reached last week. The S&P 500 fell 0.5% and the tech-heavy Nasdaq lost 1%. Small-company stocks did worse than the rest of the market. Technology stocks had some of the biggest pullbacks,...

Crypto Exchange Valued at $87B in Stock Market Debut

Bank stocks were mixed despite strong earnings reports

(Newser) - Most US stocks rose Wednesday following an encouraging start to what’s expected to be a thunderous earnings reporting season, but major indexes still ended mixed as drops in several tech heavyweights including Apple and Facebook weighed them down. The S&P 500 fell 0.4%, to 4,124.66...

Markets Feel Impact of Bad News on Vaccine
Markets Feel Impact of
Bad News on Vaccine
MARKETS

Markets Feel Impact of Bad News on Vaccine

Moderna jumped 6.8% after regulators recommended pause on rival vaccine

(Newser) - Stocks closed mixed on Wall Street Tuesday as gains from a handful of Big Tech companies were tempered by weakness elsewhere in the market. Treasury yields fell, which hurt banks but helped tech companies, the AP reports. The S&P 500 rose 0.3%, notching another record high. Among major...

Stocks Close Just Short of Record Highs
Stocks Close
Just Short of
Record Highs
MARKETS

Stocks Close Just Short of Record Highs

Wall Street expects big profits for major banks

(Newser) - Stocks ended just below the latest record highs they hit last week as technology companies slipped. The S&P 500 edged down less than 0.1% Monday and the tech-heavy Nasdaq gave up 0.4%. Investors are continuing to focus on the economic recovery as well as concerns about inflation...

S&amp;P 500 Hits Second Record High in 3 Days
Big Tech Gains Push
S&P 500 to New Record
MARKETS

Big Tech Gains Push S&P 500 to New Record

It was the second record high in 3 days

(Newser) - Stocks closed mixed on Wall Street Wednesday, but gains for several Big Tech stocks, including Facebook and Twitter, nudged the S&P 500 to its second record high in three days. The benchmark index added 0.1% after a day of wobbling between gains and losses. The Dow Jones Industrial...

Stocks Pull Back From Record Highs
Stocks Pull Back
From Record Highs
MARKETS

Stocks Pull Back From Record Highs

Bond yield drop pulled banks down

(Newser) - Stocks edged lower on Wall Street, pulling major indexes slightly below the record highs they reached a day earlier. The S&P 500 fell 0.1% Tuesday after wavering between gains and losses throughout the afternoon. Technology and health care stocks led the way lower. The churn that has been...

Dow, S&amp;P 500 Set New Records After Jobs Report
Investors Buoyed by
Latest Jobs Report
MARKETS

Investors Buoyed by Latest Jobs Report

Dow, S&P 500 set new records Monday

(Newser) - Stocks closed broadly higher on Wall Street Monday as the economy showed more signs that it’s continuing to recover. The S&P 500 rose 1.4% to another record high. The gains came after the government reported last week that employers went on a hiring spree in March, adding...

S&amp;P 500 Clinches Fourth Straight Quarterly Gain
S&P 500 Caps Fourth
Consecutive Quarterly Gain
MARKETS

S&P 500 Caps Fourth Consecutive Quarterly Gain

Index was outperformed by small-company stocks

(Newser) - Stocks closed mostly higher on Wall Street, clinching the 4th straight quarterly gain for the S&P 500. The benchmark index rose 0.4% Wednesday, bringing its gain for the first three months of the year to 5.8%. The quarterly gain for the index, which tracks large US companies,...

Stocks Fall Back as Treasury Yields Rise
Bond Yield Rise Is
'Spooking Investors'
MARKETS

Bond Yield Rise Is 'Spooking Investors'

Dow fell back from record high Tuesday

(Newser) - US stock indexes closed lower Tuesday as another swell higher for Treasury yields added pressure on big technology stocks. The S&P 500 lost 0.3%. Banks and small-company stocks rose. The spotlight was again on the bond market, where the yield on the 10-year Treasury rose to 1.73%....

Tech Stocks Take a Beating on Wall Street
GameStop Just Lost
a Third of Its Value
MARKETS

GameStop Just Lost a Third of Its Value

Tech stocks took a beating Wednesday

(Newser) - Stocks gave up an early gain and wound up broadly lower on Wall Street, led by declines in tech heavyweights like Facebook and Apple. The S&P 500 gave up 0.5% Wednesday, its second loss in a row, while the tech-heavy Nasdaq dropped 2%. Bond yields mostly fell after...

Bank Among the Biggest Losers as Stocks Drop
It's Been a Year Since
Markets' Free-Fall Ended
MARKETS

It's Been a Year Since Markets' Free-Fall Ended

Indexes dipped on anniversary of COVID-era low

(Newser) - Stocks closed broadly lower on Tuesday and gave back nearly all of their gains from a day earlier as technology, industrial, and bank stocks fell. The S&P 500 fell 30.07 points, or 0.8%, to 3,910.52. Technology stocks were the biggest drag on the market and...

Railroad Was Biggest Mover in S&amp;P 500
Railroad Was
Biggest Mover
in S&P 500
MARKETS

Railroad Was Biggest Mover in S&P 500

Kansas City Southern is being bought by Canadian firm

(Newser) - Technology companies led stocks higher on Wall Street Monday, reversing some of the market's losses from last week, as investors welcomed some easing in long-term bond yields. The S&P 500 index rose 0.7%, as gains in technology, communication, and other stocks outweighed a pullback in financial companies,...

Dow Passes 33K After Fed Announcement
Dow Passes 33K After
Fed Announcement
MARKETS

Dow Passes 33K After Fed Announcement

Interest rate likely to stay near zero until 2023

(Newser) - The Dow Jones Industrial Average and the S&P 500 closed at record highs Wednesday after the Federal Reserve said it expects its key interest rate to remain near zero through 2023. The central bank’s commitment to keeping rates at rock bottom lows comes even as it forecasts the...

Tech Stocks Rebound as Wider Market Drops
Tech Stocks Rebound
as Wider Market Drops
MARKETS

Tech Stocks Rebound as Wider Market Drops

S&P 500 failed to equal year's longest winning streak

(Newser) - Wall Street capped a choppy day of trading Tuesday with stock indexes closing mostly lower after coming within striking distance of matching the market's longest winning streak of the year. The S&P 500 fell 0.2% after wobbling between small gains and losses most of the day. The...

Dow, S&amp;P 500 Jump to New Record Highs
Dow, S&P 500 Had a 
Sizzling Start to the Week
MARKETS

Dow, S&P 500 Had a Sizzling Start to the Week

Both indexes rose to new record highs

(Newser) - Stocks bounced back from a wobbly start Monday to notch a fifth straight gain, as Wall Street continued to eye the bond market. The S&P 500 index rose 0.7% to a new high as technology and consumer discretionary shares’ gains were offset by falling banks and energy stocks,...

Roblox Surges 55% in Stock Market Debut
Roblox Surges 55%
in Stock Market Debut
MARKETS

Roblox Surges 55% in Stock Market Debut

Dow Jones hits new record high

(Newser) - The stock market's big success story Wednesday was videogame maker Roblox, which surged 55% on its debut. The company, which enables users to play online games created by others on the platform, was valued at around $4 billion just a year ago, but the leap from a reference price...

Nasdaq Roars Back After Bond Yields Dip
Nasdaq Roars Back
After Bond Yields Dip
MARKETS

Nasdaq Roars Back After Bond Yields Dip

Tech-heavy index had best day in almost a year

(Newser) - Gains for major tech companies powered a 3.7% surge in the Nasdaq Tuesday, the largest jump for the index in almost a year. The latest swing came a day after the tech-driven index sank more than 10% below its February peak. Markets have been adjusting to a rapid increase...

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