Dow Jones

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Dow Closes Over 25K for 1st Time Ever
Dow Closes Over
25K for 1st Time Ever
MARKETS

Dow Closes Over 25K for 1st Time Ever

Tech stocks continued to do well Thursday

(Newser) - The Dow Jones industrial average closed above 25,000 points for the first time, just five weeks after its first close above 24,000, the AP reports. Technology companies, which put up some of the biggest gains in the last year, continued to outpace the rest of the market Thursday....

That Was Fast: Dow Breaks 25K Mark for First Time

If it closes above 25K, it'll be a record

(Newser) - The Dow Jones Industrial Average started the day off with a major new milestone, reports the AP , crossing the 25,000 mark for the first time. Should it close above 25,000 on Thursday, it will mark the quickest 1,000-point gain in the index's history, reports the Wall ...

Tech Gains Power More US Stock Records
Tech Gains Power
More US Stock Records
MARKETS

Tech Gains Power More US Stock Records

Energy and health care stocks also did well

(Newser) - Stocks closed higher Wednesday on Wall Street and pushed major US indexes to more record highs, the AP reports. Technology companies were once again the main driver of the gains. Chipmaker Nvidia rose 6.6% and business software maker Oracle increased 2.3%. Health care and energy stocks also did...

Stocks Slip on Last Trading Day of 2017
Stocks Slip on Last
Trading Day of 2017
MARKETS

Stocks Slip on Last Trading Day of 2017

But Standard & Poor's 500 index closes its best year 4 years

(Newser) - Stocks ended lower on the final trading day of 2017, capping the best year for the Standard & Poor's 500 index in four years, the AP reports. Losses in the technology, financial, and health care sectors outweighed slight gains for consumer products makers Friday. Advanced Micro Devices gave up...

Bank Stocks Offer Slight Boost to Indexes

Dow climbs 63 points

(Newser) - US stock indexes ended slightly higher Thursday in light trading as banks posted more gains. The Dow Jones industrial average climbed 63 points, or 0.3%, to 24,837. The Nasdaq composite rose 10 points, or 0.2%, to 6,950. Meanwhile, the Standard & Poor's 500 index rose...

Stocks Slightly Lower Ahead of Christmas Holiday

Health care companies and banks fell the most

(Newser) - Stocks closed mostly lower Friday on Wall Street as a subdued week of trading came to a close, the AP reports. Health care companies and banks fell the most. Nike fell 2.3% after reporting disappointing results in its North American business. Trading in bitcoin futures was volatile . Futures dropped...

Energy Stocks, Banks Lead Indexes Higher
Energy Stocks, Banks
Lead Indexes Higher
MARKETS

Energy Stocks, Banks Lead Indexes Higher

Stocks closed higher Thursday, erasing losses from day earlier

(Newser) - Stocks closed broadly higher Thursday on Wall Street, erasing modest losses from a day earlier, the AP reports. Energy stocks and banks accounted for most of the gains. Goldman Sachs gained 2.3% and Chevron climbed 3.3%. Retailers also rose. Technology stocks lagged the most.

US Stock Indexes Close Mostly Lower
US Stock Indexes
Close Mostly Lower
MARKETS

US Stock Indexes Close Mostly Lower

Small-company stocks do well after GOP passes its tax plan

(Newser) - Stock indexes closed mostly lower Wednesday on Wall Street after bouncing around for much of the day, the AP reports. Health care companies and banks fell Wednesday. Drugmaker Pfizer fell 1.3%. Small-company stocks, which stand to benefit most from lower corporate tax rates, rose after Congress passed the Republican-sponsored...

Dow Up 5K Points for the Year, a First
Dow Just Recorded
a Major Milestone

Dow Just Recorded a Major Milestone

Index up 5K points for the year, a first

(Newser) - President Trump will likely be trumpeting this stock market milestone: A Monday morning surge of 200 points put the the Dow Jones industrial average up 5,000 points for the year—a first in its 121-year history, reports CNBC . In fact, the market's previous record for annual point gain...

Stock Indexes Gain as Tax Plan Advances
Stock Indexes Gain as
Tax Plan Advances
MARKETS

Stock Indexes Gain as Tax Plan Advances

Small-company stocks were big winners Friday

(Newser) - Stocks closed higher Friday on Wall Street as Congressional Republicans put the final touches on a tax overhaul plan, the AP reports. The gains more than wiped out the market's losses from the day before and drove indexes to their latest all-time highs. Small-company stocks, which stand to benefit...

Tax Plan Trouble Sends Stocks Lower
Tax Plan Trouble
Sends Stocks Lower
MARKETS

Tax Plan Trouble Sends Stocks Lower

And Marco Rubio is to blame

(Newser) - Stocks gave up an early gain and finished lower Thursday as the Republican tax plan hit another snag, the AP reports. Indexes turned lower after Sen. Marco Rubio said he would vote against the bill unless the child tax credit was expanded. Small-company stocks, which stand to benefit the most...

US Indexes Close Mostly Higher
US Indexes Close
Mostly Higher
MARKETS

US Indexes Close Mostly Higher

But bank stocks pull Standard & Poor's lower

(Newser) - Stocks closed mostly higher Wednesday on Wall Street, but a pullback in bank stocks left the Standard & Poor's 500 index slightly lower, the AP reports. The Dow Jones industrials closed higher Wednesday, driven by a jump in Caterpillar, giving the index another all-time high. Caterpillar climbed 3.6%....

Jobs, Brexit Progress Send Stocks Higher
Jobs, Brexit Progress
Send Stocks Higher
MARKETS

Jobs, Brexit Progress Send Stocks Higher

Health care stocks especially did well Friday

(Newser) - Stocks ended higher Friday as investors welcomed a strong US jobs report and progress in Britain's talks about leaving the European Union, the AP reports. Health care stocks rose more than the rest of the market. Alexion Pharmaceuticals jumped 7.2% after the New York Times reported that an...

S&amp;P 500 Breaks 4-Day Losing Streak
S&P 500 Breaks
4-Day Losing Streak
MARKETS

S&P 500 Breaks 4-Day Losing Streak

Stocks close higher Thursday

(Newser) - Stocks closed higher Thursday on Wall Street, breaking a four-day losing streak for the Standard & Poor's 500 index, the AP reports. Technology and industrial stocks rose more than the rest of the market. Facebook rose 2.3%, while Boeing climbed 1.3%. Energy stocks also rose as the...

Energy Slump Pulls Stock Market Lower
Energy Slump Pulls
Stock Market Lower
MARKETS

Energy Slump Pulls Stock Market Lower

Home improvement retailers also had a bad day

(Newser) - Stocks closed mostly lower after an up-and-down day of trading as energy companies and retailers dragged the market down, the AP reports. A steep drop in the price of oil Wednesday pulled the energy sector lower. Devon Energy slumped 3.9%. Benchmark US crude fell 2.9%. Home improvement retailers...

Stocks Tumble, Rebound After Flynn Guilty Plea
Stocks Tumble, Rebound
After Flynn Guilty Plea
MARKETS

Stocks Tumble, Rebound After Flynn Guilty Plea

Technology and industrial down; energy up

(Newser) - Stocks are closing modestly lower, having recouped much of a steep loss from earlier in the day after a former adviser to the White House pleaded guilty to lying to the FBI , the AP reports. News that former national security adviser Michael Flynn would cooperate with the probe into Russian...

Dow Has 1st Close Above 24K Points
Dow Has 1st Close
Above 24K Points
MARKETS

Dow Has 1st Close Above 24K Points

Stocks showed broad gains in trading Thursday

(Newser) - Stocks powered to new highs on Wall Street on Thursday, giving the Dow Jones industrials their biggest gain since March and putting them past 24,000 points for the first time, the AP reports. Other market indicators also reached milestones on Thursday. The Standard & Poor's 500 index, which...

Dow Crosses 24K for First Time
Dow Crosses 24K for First Time

Dow Crosses 24K for First Time

November looks like it'll end on a high note

(Newser) - A couple of hours before the stock market opened, President Trump tweeted , "Stock Market hits new Record High. Confidence and enthusiasm abound. More great numbers coming out!" He was right: The Dow Jones Industrial Average crossed the 24,000 threshold for the first time, and the S&P...

Steep Tech Drop Pulls Stocks Lower
Steep Tech Drop
Pulls Stocks Lower
MARKETS

Steep Tech Drop Pulls Stocks Lower

Micron slumped 8.7%

(Newser) - A steep drop in technology companies pulled major US stock indexes mostly lower Wednesday, offsetting gains in other sectors, the AP reports. Several big names in the tech sector fell—Micron slumped 8.7%—but tech remains the biggest winner on the market this year, up 35%. Bond yields rose...

Stocks End Mostly Lower in Quiet Pre-Thanksgiving Trading

Tech and banks down, energy companies up

(Newser) - Stock indexes ended mostly lower Wednesday on Wall Street in a quiet day of trading ahead of the Thanksgiving holiday, the AP reports. Technology companies and banks finished broadly lower, though Apple managed to gain 1%. Energy companies rose as oil prices jumped on reports OPEC might extend production cuts....

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