Dow Jones

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Markets Sag Despite COVID Vaccine Rollout
Markets Sag Despite
COVID Vaccine Rollout
MARKETS

Markets Sag Despite COVID Vaccine Rollout

'To a large degree, we're in a wait-and-see mode'

(Newser) - Stocks ended mostly lower on Wall Street Monday after an early rally evaporated. In the US, investors are waiting to see if Congress can break a logjam on delivering more aid to people, businesses and local governments affected by the coronavirus pandemic, while in Europe talks continue on trying to...

Stocks Slip Back From Record Highs
Stocks Slip Back
From Record Highs
MARKETS

Stocks Slip Back From Record Highs

Tech stocks dragged indexes down

(Newser) - Stocks closed broadly lower on Wall Street Wednesday, led by weakness in technology companies. The S&P 500 fell 0.8%, easing the benchmark index below the record high it set a day earlier. Health care and communications companies also slipped. Investors have been balancing hopes for approvals and distribution...

Stocks Hit Record Highs as UK Begins Vaccinations
Markets Are 'Excited
for Post-Vaccine World'
MARKETS

Markets Are 'Excited for Post-Vaccine World'

S&P 500, Nasdaq hit record hights

(Newser) - Steady gains throughout the day delivered another round of record highs for major indexes on Wall Street Tuesday. The S&P 500 rose 0.3% to 3,702.25, closing above 3,700 points for the first time . The tech-heavy Nasdaq also hit a record high. Small-company stocks rose much...

Tech Stocks Hold Steady as Market Rally Pauses
Market Rally Pauses
as COVID Cases Surge
MARKETS

Market Rally Pauses as COVID Cases Surge

Tech stocks were the exception

(Newser) - Stocks are closing mostly lower on Wall Street Monday, taking a pause from their recent rally. The S&P 500 lost 0.2%. Companies that would benefit most from a reopening economy, like banks and industrial stocks, took some of the sharper losses. Technology stocks, meanwhile, bucked the downward trend...

S&amp;P 500, Nasdaq Hit Record Highs
Stocks Start December
With Record Highs
MARKETS

Stocks Start December With Record Highs

S&P 500, Nasdaq beat records set Friday

(Newser) - Stocks scored more record highs on Wall Street Tuesday, a day after the S&P 500 closed out November with its biggest monthly gain since April. The benchmark index climbed 1.1% while the tech-heavy Nasdaq added 1.3%. Both beat the all-time highs they set on Friday. Stocks have...

Dow Jones Just Had Its Best Month Since 1987
Dow Closes Out Its
Best Month Since 1987
MARKETS

Dow Closes Out Its Best Month Since 1987

It was S&P 500's best month since April

(Newser) - Stocks pulled back slightly from their record levels Monday as Wall Street put a quiet coda on one of its most rocking months in decades. The S&P 500 fell 0.5%, but the benchmark index still clocked a surge of 10.8% for November, its biggest monthly gain since...

Wall Street Hits a New Record
On Wall Street, a New Record
markets

On Wall Street, a New Record

The S&P 500 smashes yet another ceiling in shortened session

(Newser) - The S&P 500 rose to a record high in a shortened session Friday as investors continue to look forward to the distribution of a COVID-19 vaccine and relief for the global economy, the AP reports. The benchmark index rose 8.70 points, or 0.2%, led by gains in...

Markets Fall Back From Record Highs
Markets Fall Back
From Record Highs
MARKETS

Markets Fall Back From Record Highs

Investors discouraged by economic data

(Newser) - Stocks gave back some of their recent gains Wednesday as a batch of discouraging economic data prompted investors to take a pause a day after the market's record-setting climb. The S&P 500 dropped 0.2% a day after setting an all-time high. The Dow Jones Industrial Average slipped...

Dow Smashes 30K Barrier
Dow Smashes 30K Barrier
MARKETS

Dow Smashes 30K Barrier

'We are one step closer to moving past the election uncertainty'

(Newser) - The Dow Jones Industrial Average broke through 30,000 points Tuesday as investors were encouraged by the latest progress on developing coronavirus vaccines and news that the transition of power in the US to President-elect Joe Biden will finally begin. Traders were also encouraged to see that Biden had selected...

Congratulations, Trump Says, but Not to Biden

President praises administration and nation as Dow breaks 30,000

(Newser) - President Trump had no public appearances scheduled Tuesday before the annual pardoning of the Thanksgiving turkey in the afternoon, but events changed that. With only moments' notice, the president walked into the White House briefing room to make the announcement, the Hill reports. "The stock market Dow Jones Industrial...

Dow Reaches 30K for the First Time
Dow Just Hit
a Major Milestone

Dow Just Hit a Major Milestone

Index reaches 30K for the first time

(Newser) - The Dow hit 30,000 for the first time on Tuesday. The index eclipsed the mark in morning trading, and the Wall Street Journal reports that Monday's shift toward an orderly White House transition was a big factor. "This is very positive," says Luc Filip of SYZ...

Investors Are Seeing the 'Light at the End of the Tunnel'

Latest vaccine developments lifted markets

(Newser) - More encouraging news on the development of coronavirus vaccines and treatments helped power stocks higher on Wall Street Monday, as the market clawed back most of its losses from last week The S&P 500 index rose 0.6%, led by banks, energy, and industrial companies, sectors that have been...

Worries About Virus Surge Drag Markets Down Again

Dow was down 344 points despite good news on vaccine

(Newser) - An afternoon slump left stock indexes broadly lower on Wall Street, erasing early gains, as traders worried anew about the rapid spread of the coronavirus in the US. The S&P 500 lost 1.2%. It was up 0.3% in morning trading and small-company stocks were headed for another...

Wall Street Hits the Brakes After Record High
Amazon's Latest Move
Hits Pharmacy Stocks Hard

MARKETS

Amazon's Latest Move Hits Pharmacy Stocks Hard

Wall Street retreats from record highs

(Newser) - Stocks took a pause on Tuesday from their big rally this month that vaulted them back to record heights. Treasury yields also dipped after a report showed US shoppers spent less at retailers last month than economists expected. The numbers underscore how the coronavirus pandemic is worsening and threatening to...

Dow Closes at Record High
Dow Closes at Record High
MARKETS

Dow Closes at Record High

It jumped 470 points after Moderna vaccine news

(Newser) - The Dow Jones Industrial Average closed at a record high Monday, erasing the last of its pandemic losses, after a second drug company announced encouraging progress on developing a coronavirus vaccine. The Dow jumped 470.63 points, or 1.6%, to 29,950.44. It surpassed its prior closing record...

Dow Sees a Jump After Vaccine News
Vaccine News Has
Dow Jumping Again

Vaccine News Has Dow Jumping Again

Index is up more than 300

(Newser) - The stock market rose last week when Pfizer reported good news about its COVID vaccine. This week is starting out in similar fashion in the wake of Moderna's hopeful vaccine announcement , reports CNBC . The Dow jumped about 350 points, or 1%, to more than 29,800 in the opening...

Wall St. Rally Loses Steam
Wall St. Rally Loses Steam
MARKETS

Wall St. Rally Loses Steam

But tech stocks clawed back some losses

(Newser) - An early rally on Wall Street lost steam by the closing bell Wednesday, leaving major indexes mixed. The S&P 500 rose 0.8%, thanks largely to gains in big technology companies. The Nasdaq rose 2% to 11,786.43, and the Dow Jones industrials edged down 0.1%, or...

Vaccine Hopes Rearrange Market's Winners, Losers

S&P dipped 0.1%; Dow rose 263 points

(Newser) - Stocks downshifted on Tuesday, a day after their powerful worldwide rally, but optimism remained high that the global economy may still be headed for a return to normal. It was the second straight day that rising hopes for a COVID-19 vaccine pushed investors to reorder which stocks they see winning...

Markets Rally Despite Election Limbo
Wall St. Had 'Very Quick'
Reaction to Election
MARKETS

Wall St. Had 'Very Quick' Reaction to Election

Stocks rallied despite unclear results

(Newser) - Stocks rallied on Wall Street Wednesday, sending the S&P 500 index up 2.2%, as investors embraced the upside of more gridlock in Washington. Technology stocks, which have proved impervious to the damage inflicted on other industries by the coronavirus pandemic, led the way higher, the AP reports. The...

Dow Up 555 Points as Clarity Approaches
Dow Up 555 Points
as Clarity Approaches
MARKETS

Dow Up 555 Points as Clarity Approaches

'The markets are neither red nor blue'

(Newser) - Wall Street posted solid gains on Election Day, with sharp rises in morning trading , sending the S&P 500 up 1.8%. More than anything, what investors hope for is a clear winner to emerge relatively soon from the election, the AP reports. Whether that’s President Trump or Joe...

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