stock market

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Oil, Defense Stocks Climb
Oil, Defense Stocks Climb
MARKETS
Oct 9, 2023 4:00 PM CDT

Oil, Defense Stocks Climb

Fed officials suggest interest rates won't go up at next meeting

(Newser) - Oil prices climbed with worries about the possible spillover effects of violence in the Middle East. The stock market was less fearful, though, and flipped from modest morning losses following potentially encouraging news on interest rates, which have been dragging Wall Street mainly lower since the summer.
  • The S&P
...

After Thinking About Jobs News, Wall Street Climbs

Stocks fell after report's release, then headed up

(Newser) - Wall Street rallied in a whipsaw Friday and erased its morning losses after looking deeper into the nuances of a surprisingly strong report on the US job market . The S&P 500 climbed 1.2% after charging back from an earlier drop of 0.9%; the Dow Jones rose 288...

Stocks Shift Little Ahead of Jobs Report
Stocks Shift
Little Ahead
of Jobs Report
markets
Oct 5, 2023 3:37 PM CDT

Stocks Shift Little Ahead of Jobs Report

An employment picture that's too bright could add to inflation fears

(Newser) - Wall Street drifted to a quiet close Thursday as pressure from the bond market remained high due to worries about a too-hot US job market. The S&P slipped 5.56, or 0.1%, to 4,258.19, a day before a highly anticipated report on the job market that...

Oil Drops by $5 a Barrel, Easing Inflation Pressure

Markets close higher after reports suggest economy is cooling

(Newser) - Wall Street closed higher Wednesday as the bond market loosened its vise on the stock market.
  • The S&P 500 rose 34.30 points, or 0.8%, to 4,263.75, coming off a 1.4% tumble that sent it to its lowest level in four months.
  • The Dow Jones
...

Sharp Drop Wipes Out Dow&#39;s Gain for the Year
Surprisingly Strong
Jobs Report Shakes Markets
MARKETS
Oct 3, 2023 3:37 PM CDT

Surprisingly Strong Jobs Report Shakes Markets

Sharp drop wipes out Dow's gain for the year

(Newser) - Wall Street tumbled Tuesday as it focused on the downside of a surprisingly strong job market.
  • The S&P 500 fell 58.94 points, or 1.4%, to 4,229.45.
  • The Dow Jones Industrial Average fell 430.97 points, or 1.3%, to 33,002.38 and wiped out
...

Utilities, Energy Stocks Slump
Utilities Drop Sharply as
Treasury Yields Rise
MARKETS
Oct 2, 2023 3:46 PM CDT

Utilities Drop Sharply as Treasury Yields Rise

Energy stocks dropped, as did oil prices

(Newser) - Most stocks closed lower Monday as the constrictor of higher interest rates tightens its coils around Wall Street. The S&P 500 ended little changed, while the Dow Jones Industrial Average fell 74 points, and the Nasdaq composite rose 0.7%. Slumps for oil-and-gas stocks weighed on the market after...

Wall Street Ends Worst Month of the Year
Wall Street Ends
Worst Month of the Year
MARKETS
Sep 29, 2023 3:15 PM CDT

Wall Street Ends Worst Month of the Year

Benchmark S&P 500 index is down about 5% for September

(Newser) - Wall Street has put the wraps on a miserable September, with the benchmark S&P 500 logging its worst month of the year.
  • The S&P slipped 11 points Friday, or 0.2%, to 4,288, and lost about 5% for the month, per CNBC .
  • The Dow fell 158 points,
...

Wall Street Rises, Still on Track for Lousy Month

Dow was up more than 100 points on Thursday

(Newser) - Wall Street ticked higher Thursday as the pressures squeezing it this month from the oil and bond markets relaxed a bit.
  • The S&P 500 rose 25 points, or 0.5%, to 4,299.
  • The Dow rose 116 points, or 0.3%, to 33,666.
  • The Nasdaq rose 108 points,
...

Rising Oil Prices, Bond Yields Add to Pressure on Stocks
Surging Bond Yields
Add to Pressure on Stocks
MARKETS
Sep 27, 2023 3:46 PM CDT

Surging Bond Yields Add to Pressure on Stocks

Spurt in crude prices boosts energy stocks

(Newser) - Wall Street yo-yoed to a mixed finish Wednesday as rising oil prices and bond yields cranked up the pressure even higher on the stock market.
  • The S&P 500 rose 0.98 points, or less than 0.1%, to 4,274.51.
  • The Dow Jones Industrial Average fell 68.61
...

Amazon Drops 4% After Huge Antitrust Lawsuit Filed

Stocks drop to lowest level since June

(Newser) - Wall Street's ugly September got even worse Tuesday, as a sharp drop for stocks brought them back to where they were in June.
  • The S&P 500 tumbled 63.91 points, or 1.5%, to 4,273.53 for its fifth loss in the last six days.
  • The Dow
...

Oil-Related Stocks Rise as Markets Claw Back Losses

But Monday was a bad day for travel stocks

(Newser) - Wall Street clawed back some of its steep losses from last week, but September is still on track to be its worst month of the year despite Monday's gains.
  • The S&P 500 rose 17.38, or 0.4%, to 4,337.44, coming off its worst week in
...

Wall Street Ends Rough Week With Smaller Losses
Wall Street Ends Rough
Week With Smaller Losses
MARKETS
Sep 22, 2023 3:15 PM CDT

Wall Street Ends Rough Week With Smaller Losses

Dow falls more than 100 points

(Newser) - Wall Street slipped again on Friday, but with losses not as large as earlier in the week.
  • The S&P fell by 9 points to 4,320.
  • The Dow fell 106 points to 33,963.
  • The Nasdaq fell 12 points to 13,211.
  • For the week, the S&P was
...

Wall Street Still Falling After Fed's Prediction

Dow drops 370 points

(Newser) - Wall Street tumbled again Thursday as stock prices dropped worldwide on expectations that US interest rates will stay high well into next year. Fears of a government shutdown aren't helping, either.
  • The S&P 500 fell 72 points, or 1.6%, to 4,330.
  • The Dow fell 370 points,
...

Stocks Slump After Fed&#39;s Latest Projections
Stocks Drop as Fed's
Latest Projections Sink In
MARKETS
Sep 20, 2023 3:35 PM CDT

Stocks Drop as Fed's Latest Projections Sink In

Rates may only go down by half a point next year

(Newser) - US stocks slumped after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. The S&P 500 fell 41.75 points, or 0.9%, to 4,402.20. The Dow Jones Industrial...

Instacart Makes Market Debut
Instacart Makes Market Debut
MARKETS
Sep 19, 2023 3:37 PM CDT

Instacart Makes Market Debut

Its shares rose 12.3% as wider market slipped

(Newser) - Stocks slipped as Wall Street waits for the Federal Reserve's latest decision on interest rates. The S&P 500 fell 9.58 points, or 0.2%, to 4,443.95 Tuesday. The Dow Jones Industrial Average fell 106.57 points, or 0.3%, to 34,517.73. The Nasdaq...

Ford, GM Stock Drops as Strike Continues
Strike Hits Ford, GM Stock
MARKETS
Sep 18, 2023 3:50 PM CDT

Strike Hits Ford, GM Stock

Rise in oil lifts energy producers

(Newser) - US stocks drifted in quiet trading Monday, as Wall Street made few big moves overall in advance of the Federal Reserve's next meeting on interest rates. The S&P 500 edged up by 3.21 points, or 0.1%, to 4,453.53, coming off its second straight losing week....

Auto Stocks Steady Amid Strike, Broader Market Sinks

Benchmark S&P 500 loses more than 1%

(Newser) - Major stock indexes turned lower on Wall Street on Friday to bring a choppy week to a close.
  • The S&P 500 fell 54 points, or 1.2%, to 4,450.
  • The Dow fell 288 points, or 0.8%, to 34,618.
  • The Nasdaq fell 217 points, or 1.5%,
...

Stocks Rise, Along With Hopes for IPO Market
Stocks Rise, Along With
Hopes for IPO Market
MARKETS
Sep 14, 2023 3:23 PM CDT

Stocks Rise, Along With Hopes for IPO Market

Dow is up more than 300 points

(Newser) - Stocks rose across the board on Thursday after a blizzard of reports suggested the US economy is still humming—though inflation may be, too, per the AP .
  • The Dow rose 331 points, or 0.9%, to 34,907. It was the index's best day since early August, notes CNBC
...

Wall Street Churns After Inflation Data Arrives
Wall Street Churns After
Inflation Data Arrives
MARKETS
Sep 13, 2023 3:50 PM CDT

Wall Street Churns After Inflation Data Arrives

Rate was only slightly higher than expected

(Newser) - Stocks churned to a mixed close on Wall Street after a highly anticipated report showed inflation accelerated across the country last month, but not by much more than expected. The S&P 500 rose 5.54 points, or 0.1%, to 4,467.44. The Dow Jones Industrial Average fell...

Oracle Tumbles 14% Despite Strong Profits
Oracle Tumbles 14%
Despite Strong Profits
MARKETS
Sep 12, 2023 3:51 PM CDT

Oracle Tumbles 14% Despite Strong Profits

Revenue forecast was below expectations

(Newser) - Stocks drifted to a lower close Tuesday as Wall Street waited for highly anticipated reports later this week about inflation and the economy. The S&P 500 fell 25.56 points, or 0.6%, to 4,461.90. The Dow Jones Industrial Average slipped 17.73 points, or 0.1%,...

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