Dow Jones

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Wall Street Begins Week in a Foul Mood

Dow falls more than 800 points

(Newser) - Wall Street is off to a decidedly rough start in the new week. A slew of bad news reports on everything from the coronavirus to a banking scandal seems to have investors in the mood to sell, reports CNBC and the AP . In the first hour of trading, the Dow...

Stocks Close Lower Despite Fed Decision
Stocks Close Lower
Despite Fed Decision
MARKETS

Stocks Close Lower Despite Fed Decision

Brief rally ran out of steam

(Newser) - Stock indexes closed lower on Wall Street Wednesday after a getting a brief boost from the Federal Reserve’s decision to leave interest rates unchanged at nearly zero. The central bank also issued a less dire outlook for economic growth and unemployment. The S&P 500 was down 0.5%...

Tech Stocks Pull Markets Higher
Tech Stocks Are
Climbing Again
MARKETS

Tech Stocks Are Climbing Again

They helped pull markets higher Tuesday

(Newser) - Stocks overcame a late-afternoon burst of selling and closed higher Tuesday, as gains in big technology companies outweighed losses in banks and elsewhere in the market. The S&P 500 rose 0.5% after being up 1.1% earlier. It's the second straight sizable gains for the benchmark index...

Wall Street Gains After Surge in Corporate Deals
Surge in Dealmaking 
Gives Wall St. a Boost
MARKETS

Surge in Dealmaking Gives Wall St. a Boost

Markets have clawed back some of last week's losses

(Newser) - Wall Street kicked off the week with a broad rally Monday, clawing back much of the stock market's losses from last week.The S&P 500 rose 1.3%, led by gains in technology, health care and financial stocks. Small company stocks were among the biggest gainers. The rally...

Dow Up 439 Points s as Tech Stocks Bounce Back
Dow Jumps 439 Points
as Tech Stocks Rebound
MARKETS

Dow Jumps 439 Points as Tech Stocks Rebound

'We were due for a bounce'

(Newser) - Wall Street snapped back Wednesday from its recent tumble, as the bloodletting for big technology stocks came to at least a temporary halt. Apple, Amazon, Zoom Video Communications, and other tech companies that suddenly lost their momentum late last week on worries their stocks soared too high all regained some...

Dow Drops 632 Points as Tech Stocks Slump
Dow Drops 632 Points
as Tech Stocks Slump
MARKETS

Dow Drops 632 Points as Tech Stocks Slump

Nasdaq is down 10% over 3 trading days

(Newser) - Big technology stocks tumbled again on Tuesday, continuing the Icarus-like flight path for companies that just a week ago were the high-flyers carrying Wall Street to record heights. The S&P 500 fell 95.12, or 2.8%, to 3,331.84 and clinched its first three-day losing streak in...

Wall Street Just Had Its Best Day Since July
Wall Street Just Had
Its Best Day Since July
MARKETS

Wall Street Just Had Its Best Day Since July

S&P 500, Nasdaq hit new highs

(Newser) - The Dow Jones Industrial Average surged more than 450 points Wednesday as the stock market notched its best day in nearly two months. The S&P 500 rose 1.5%, its best day since July 6. The benchmark index and the Nasdaq composite each hit new highs, extending Wall Street’...

S&amp;P 500, Nasdaq Start Month With New Highs
S&P 500, Nasdaq Start
Month With New Highs
MARKETS

S&P 500, Nasdaq Start Month With New Highs

Zoom was up more than 40%

(Newser) - Wall Street kicked off September with another set of milestones Tuesday, as an afternoon rally carried the S&P 500 and Nasdaq composite to all-time highs. The S&P 500 bounced back from a modest loss in the early going to finish 0.8% higher a day after the benchmark...

Analysts Warn of 'Correction' as Stocks Edge Lower

But S&P 500 is still up 7% for the month

(Newser) - Stocks ended mostly lower on Wall Street Monday as the market gave back some of its recent gains following a five-week winning streak. The S&P 500 lost 0.2% as declines in banks and industrial stocks offset more gains for technology companies. It still managed to end August up...

Massive Tech Profits Lift S&amp;P 500 to New High
Massive Tech Profits
Lift S&P 500 to New High
MARKETS

Massive Tech Profits Lift S&P 500 to New High

Index rose despite falls in many sectors

(Newser) - More blowout profit reports from big tech companies pushed the S&P 500 to another record high on Wednesday. The benchmark index rose 1%, even though most of the stocks within it fell. Tech stocks accounted for the lion’s share of the gains. The S&P 500 gained 35....

S&amp;P 500 Hits Another Record High
S&P 500 Hits
Another Record High
MARKETS

S&P 500 Hits Another Record High

But Dow was down after mixed day for markets

(Newser) - Stocks were mixed on Wall Street Tuesday, but gains were strong enough for tech companies and other pockets of the market to carry the S&P 500 to its fourth straight gain and another record high. The benchmark index rose 12.34, or 0.4%, to 3,443.62, even...

Dow Jones Is Removing Its Oldest Member

Exxon Mobil is among 3 leaving in shake-up

(Newser) - Three companies are departing the Dow Jones Industrial Average—including Exxon Mobil, currently the oldest member of the influential 30-company stock index. The oil giant, which joined the index in 1928 as Standard Oil, will be leaving along with Pfizer and Raytheon in the Dow's biggest shake-up since 2013,...

Markets Rally Amid COVID Treatment Hopes
Markets Rally Amid
COVID Treatment Hopes
MARKETS

Markets Rally Amid COVID Treatment Hopes

S&P 500 adds to all-time high

(Newser) - Stocks plowed higher on Wall Street Monday, as hopes for a COVID-19 treatment and vaccine had investors looking ahead to the possibility of a healthier economy. The S&P 500 rallied 34.12, or 1%, to 3,431.28 and added to the all-time high it set last week, when...

Stocks Drop After Fed Releases Minutes From Policy Meeting

S&P 500 falls back from all-time high

(Newser) - Stocks turned lower in late trading on Wall Street Wednesday, handing the S&P 500 a loss a day after it closed at a record high. The benchmark index fell 14.93 points, or 0.4%, to 3,374.85, a day after it wiped out the last of its...

S&amp;P 500 Closes at All-Time High
S&P 500 Closes
at All-Time High
MARKETS

S&P 500 Closes at All-Time High

Bear market was quickest on record

(Newser) - Wall Street clawed back the last of the historic, frenzied losses unleashed by the coronavirus, as the S&P 500 closed at an all-time high Tuesday. The day’s move was a relatively mild one, nudging the index up 7.79 points, or 0.2%, to 3,389.78. That...

S&amp;P 500 Finishes 4 Points Below Record High
S&P Just 
4 Points Below
All-Time High
MARKETS

S&P Just 4 Points Below All-Time High

'It seems like a nothing day until you realize we’re sitting right on an all-time high'

(Newser) - Stocks closed with modest gains on Wall Street, leaving the S&P 500 just shy of its record high. The benchmark index climbed 0.3% Monday, leaving it just four points below its record high close of 3,386.15. That record was set on Feb. 19, before the coronavirus...

S&amp;P 500 Briefly Surpasses Record High
S&P 500 Breaks
All-Time Closing High
MARKETS

S&P 500 Breaks All-Time Closing High

'Economic data is coming in much better than expected'

(Newser) - Stocks marched broadly higher on Wall Street Wednesday, briefly nudging the S&P 500 above its all-time closing high set in February, before the coronavirus pandemic led to a historic market plunge. The benchmark index notched a 1.4% gain, its eighth in nine days. It ended within 0.2%...

Markets Start Week With a Roar
Markets Start
Week With a Roar
MARKETS

Markets Start Week With a Roar

S&P 500 now within 1% of all-time high

(Newser) - Stocks closed mostly higher Monday, nudging the S&P 500 within striking distance of its all-time high set in February. The S&P 500 rose 0.3% after wavering between small gains and losses in the early going. The benchmark index is now within 1% of its February record high....

Jim Cramer Targets 'Clueless' Buyers as Stocks Keep Rising

On the bright side, the S&P 500 rose yet again

(Newser) - Stocks closed higher on Wall Street Wednesday, lifting the S&P 500 to its fourth straight gain and pulling it within 2% of the all-time high it set in February, the AP reports. Companies that rely on consumer spending, banks, industrial, and technology stocks accounted for a big share of...

Stocks Tread Water as Congress Discusses Relief

Earnings reports were a very mixed bag

(Newser) - Stocks ended another bumpy day on Wall Street with modest gains. The benchmark S&P 500 index climbed 0.4% Tuesday after being down as much as 0.3% earlier in the day. A mixed batch of corporate earnings news and scant progress in Congress on a new package of...

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