Dow Jones

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Nasdaq Rises Above Pre-COVID High
Nasdaq Rises Above
Pre-COVID High
MARKETS

Nasdaq Rises Above Pre-COVID High

S&P 500 hit its highest level since February

(Newser) - Wall Street’s enthusiasm about the reopening economy sent stocks scrambling even higher on Monday, and the Nasdaq composite wiped away the last of its coronavirus-induced losses to set a record. The S&P 500, which dictates how more 401(k) accounts perform, climbed back within 4.5% of its own...

Stocks Extend Gains for 3rd Straight Day
Stocks Extend Gains
for 3rd Straight Day
MARKETS

Stocks Extend Gains for 3rd Straight Day

NASA astronauts rang Nasdaq opening bell

(Newser) - Stocks closed broadly higher on Wall Street Tuesday, extending the market's winning streak to a third day. The latest gains, which followed a rally in global stocks, were driven by optimism that the global economy will begin to recover as governments gradually allow businesses that were closed due to...

Stocks Surge as NYSE Partially Reopens
Stocks Surge as NYSE
Partially Reopens
MARKETS

Stocks Surge as NYSE Partially Reopens

Dow, S&P hit highest levels since March

(Newser) - Stocks closed higher on Wall Street Tuesday, driving the S&P 500 and Dow Jones Industrial Average to their highest levels in nearly three months as optimism over the reopening of the economy overshadowed lingering worries about the pandemic. The S&P 500 rose 1.2%, for a time climbing...

Dow Slumps After Results From Big Retailers
Dow Slumps After Results
From Big Retailers
MARKETS

Dow Slumps After Results From Big Retailers

Markets erased some of Monday's gains

(Newser) - A late-day slide left stocks broadly lower on Wall Street Tuesday, as the market gave back some of the ground it gained in a big rally a day earlier . Losses in banks, health care stocks, and household goods companies accounted for a big portion of the selling, the AP reports....

Dow Surges 963 Points After Encouraging Vaccine Results

Markets had their best day since early April

(Newser) - The stock market bounced back from its worst week in nearly two months Monday as optimism about a potential vaccine for the coronavirus and hopes for a US economic recovery in the second half of the year put investors in a buying mood. The S&P 500 climbed 3.2%,...

Wall Street Just Had Its Worst Day This Month
Wall Street Just Had
Its Worst Day This Month
MARKETS

Wall Street Just Had Its Worst Day This Month

Investors have got the reopening jitters

(Newser) - Worries about the downside of reopening the economy too soon are weighing on markets, and Wall Street fell Tuesday to its biggest loss since the start of the month. The S&P 500 dropped 2.1% after spending much of the day drifting between small gains and losses, as investors...

Banks Down, Health Stocks Up in Mixed Day for Wall St.

Major indexes mostly erased early losses

(Newser) - Major stock indexes erased much of their early losses, leaving the market mixed at the end of trading Monday. Companies whose fortunes are most closely linked to how well the economy is doing took the biggest losses, including banks, energy, and basic materials companies, the AP reports. The S&P...

Markets Edge Up as Restrictions Relaxed
Oil Prices Jump as
Restrictions Relaxed
MARKETS

Oil Prices Jump as Restrictions Relaxed

Dow Jones, S&P 500 edge upward

(Newser) - Stocks closed broadly higher on Wall Street Tuesday as more countries relaxed restrictions on businesses, raising hopes for a recovery from the historic plunge that is sweeping the global economy. The S&P 500 rose 0.9% after losing about half of its early gains in a late-afternoon burst of...

Airline Stocks Nosedive After Buffett Move
Airline Stocks Nosedive
After Buffett Move
MARKETS

Airline Stocks Nosedive After Buffett Move

But market held steady after tech gains

(Newser) - Stock markets held steady Monday after gains in technology firms offset major losses in airlines following Warren Buffett's announcement Saturday that he is dumping all his airline shares . Netflix was up by 3.1% and Microsoft rose 2.45%, while Amazon, Apple, and Facebook saw smaller gains, CNBC reports....

Stocks Surge After Possible Virus Breakthrough
Stocks Surge After
Possible Virus Breakthrough
MARKETS

Stocks Surge After Possible Virus Breakthrough

Investors looked past troubling figures on US economy

(Newser) - Stocks around the world whipped higher Wednesday, riding a wave of optimism on encouraging data about a possible treatment for COVID-19. The upswell of hope was so strong that investors completely sidestepped a report showing the outbreak drove the US economy to its worst quarterly performance since the Great Recession,...

Tech Stocks Sag on Mixed Day for Wall Street
Dow's Winning Streak 
Ends as Tech Stocks Drop
MARKETS

Dow's Winning Streak Ends as Tech Stocks Drop

Microsoft, Apple, Amazon all finished down

(Newser) - Stocks ended lower on Wall Street Tuesday after an early gain evaporated, snapping the market's two-day winning streak. The losses were led by companies that have been investor favorites including Microsoft, Apple, and Amazon, the AP reports. The S&P 500 fell 0.5% Tuesday and the Nasdaq, which...

Markets Surge Amid Moves Toward Reopening
'It Looks Like We're
Past the Worst of It'
MARKETS

'It Looks Like We're Past the Worst of It'

Markets surge as governments discuss reopening economies

(Newser) - With governments making moves toward letting businesses reopen, stocks rallied worldwide on Monday. The S&P 500 rose 41.74 points to 2,878.48. The Dow Jones Industrial Average gained 358.51, or 1.5%, to 24,133.78, and the Nasdaq climbed 95.64, or 1.1%, to...

Oil Collapse Drags Stocks Down
Oil Chaos Deepens,
Drags Markets Down
MARKETS

Oil Chaos Deepens, Drags Markets Down

'There is so much oil sloshing around the world and so few people using it'

(Newser) - Oil's chaotic collapse deepened, and stocks around the world dropped on Tuesday as the economic carnage caused by the coronavirus pandemic turned markets upside down. The S&P 500 closed down 3% Tuesday, its second straight loss. Markets across Europe and Asia had similar drops. Oil prices crumbled again...

Dow Jones Climbs Higher as States Talk Reopening
Talk of Reopening States
Gives Dow a Boost
MARKETS

Talk of Reopening States Gives Dow a Boost

Tech stocks powered 558-point gain

(Newser) - Technology companies led stocks higher on Wall Street Tuesday as investors focused on how and when authorities may begin to ease business shutdowns and limits on people’s movements imposed to slow the spread of the coronavirus. Big companies also started reporting their first-quarter earnings, giving investors an early peek...

Dow Opens Up 300
A 'Tentative Climb' at
the Open for the Dow
MARKETS

A 'Tentative Climb' at the Open for the Dow

Starts the day up 300 points

(Newser) - Dr. Anthony Fauci offered words of encouragement on Wednesday, and the markets took notice. CNBC reports the Dow opened up 300 points, or 1.4% and just below 23,000, after Fauci indicated a coronavirus turnaround could come into play next week. The S&P 500 and Nasdaq both rose...

Dow Sags 26 Points on Quick Plunge in Oil Prices

Major indexes were up 3% earlier in the day

(Newser) - A rally on Wall Street evaporated after the price of crude oil took a sudden turn lower, deflating gains in the energy sector. Major indexes ended slightly lower Tuesday after being up more than 3% earlier, reports the AP . The market was coming off an even bigger gain of 7%...

Markets Surge 7% on Glimmers of Hope
Markets Surge 7%
on Glimmers of Hope
MARKETS

Markets Surge 7% on Glimmers of Hope

Deadliness of outbreak could be slowing in areas

(Newser) - A worldwide rally gained steam on Wall Street Monday, propelling major indexes up more than 7%, as traders cheered glimmers of hope that the deadliness of the coronavirus outbreak could be slowing in some of the hardest-hit areas. New York’s governor said the rate of increase of deaths could...

Dow Skids 800 Out of the Gate
Dow Skids 800 Out of the Gate 

Dow Skids 800 Out of the Gate

Markets riled by White House's latest coronavirus projection, shed 3%-4%

(Newser) - The Dow stumbled more than 800 points out of the gate on Wednesday, reports the Wall Street Journal , echoing markets around the globe a day after it closed out the worst quarter on record. That was a 4% drop; the S&P 500 lost 3.8%, and the Nasdaq lost...

Market Has Surged 17% in Past Week
Dow Finishes the Day
in the 22K Range
MARKETS

Dow Finishes the Day in the 22K Range

Closes up 691 points

(Newser) - Stocks closed higher again on Wall Street Monday, led by health care stocks, bringing the market's surge over the past week to 17%. The S&P 500 rose more than 3% for its fourth gain in five days, following up its best weekly gain since hitting bottom after the...

Market Opens Quietly, Then Jumps
Market Opens Quietly,
Then a Surge

Market Opens Quietly, Then a Surge

S&P, Nasdaq lag behind Dow after $2T relief deal reached

(Newser) - A day after its biggest ever single-day gain and hours after a $2 trillion economic relief bill , MarketWatch reports that the Dow Jones opened relatively quietly, rising 241 points out of the gate, or about 1.2%. The Dow then picked up steam, picking up a total of about 685...

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