stock market

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Stocks Rise Despite Bank Worries Overseas
Stocks Rise
Despite
Bank Worries
Overseas
MARKETS
Mar 24, 2023 3:20 PM CDT

Stocks Rise Despite Bank Worries Overseas

Dow gains 132 points

(Newser) - Bank worries from the other side of the Atlantic weighed on Wall Street on Friday, though the major indexes managed to finish in positive territory.
  • The Dow rose 132 points, or 0.5%, to 32,237.
  • The S&P 500 rose 22 points, or 0.5%, to 3,971.
  • The
...

After Volatile Day of Trading, Markets End Up Positive

Dow rises 75 points

(Newser) - Stocks ended up in positive territory on Thursday after a day of wild swings:
  • The Dow rose 75 points, or 0.2%, to 32,105.
  • The S&P 500 rose 11 points, or 0.3%, to 3,948.
  • The Nasdaq rose 117 points, or 1%, to 11,787.

Stocks, Bond Yields Tumble After Fed Rate Hike
Stocks, Bond Yields
Tumble After Fed Rate Hike
MARKETS
Mar 22, 2023 4:04 PM CDT

Stocks, Bond Yields Tumble After Fed Rate Hike

But Powell hints there may be only one more rise to come

(Newser) - Stocks fell Wednesday after the Federal Reserve announced its latest hike to interest rates , while also saying it may not tighten the screws on the economy much more. The S&P 500 fell 65.90 points, or 1.6%, to 3,936.97. The Dow Jones Industrial Average fell 530....

Banks Bounce Back, Sparking Another Rally for Stocks

Investors welcome reassurances from Yellen

(Newser) - Stocks rallied Tuesday, led by the banks most beaten down by the industry's crisis, and some of Wall Street's fear washed out on hopes the federal government will offer more help if needed. The S&P 500 posted its first back-to-back gain since Silicon Valley Bank's quicksilver...

Bank Deals Give Wall Street a Boost
Bank Deals Give
Wall Street a Boost
MARKETS
Mar 20, 2023 3:58 PM CDT

Bank Deals Give Wall Street a Boost

Dow jumps 383 points

(Newser) - Wall Street closed higher Monday after regulators pushed together two huge banks over the weekend and made other moves to build confidence in the struggling industry. The S&P 500 rose 34.93 points, or 0.9%, to 3,951.57. The Dow Jones Industrial Average rose 382.60 points,...

Banking Anxiety Returns, and Stocks Suffer
Banking Anxiety Returns,
and Stocks Suffer
MARKETS
Mar 17, 2023 3:15 PM CDT

Banking Anxiety Returns, and Stocks Suffer

Dow falls nearly 400 points

(Newser) - Wall Street's week of turmoil closed with more sharp drops for stocks on Friday as worries worsened about the banking industry, per the AP .
  • The S&P 500 fell 43 points, or 1.1%, to 3,916.
  • The Dow fell 384 points, or 1.1%, to 31,861.
  • The
...

Nation's Banks Throw $30B Lifeline to One Struggling

As a result of the help for First Republic, the stock market had a strong day

(Newser) - Stocks rallied on Thursday after a group of big banks offered a lifeline to a bank Wall Street had zeroed in on in its hunt for the next victim in the industry’s struggles, per the AP . The benchmark S&P 500 jumped nearly 2% Thursday, erasing earlier losses following...

Wall Street Pares Big Losses Before Closing Bell

Fears of global banking crisis shook markets

(Newser) - Stocks fell Wednesday amid fresh worries about the banking sector, although Wall Street more than halved its losses by the closing bell. The S&P 500 fell 27.36 points, or 0.7%, to 3,891.93. The Dow Jones Industrial Average fell 280.83 points, or 0.9%, to...

Stocks Climb as Traders Bet on Pause in Rate Hikes

Bank stocks are starting to bounce back

(Newser) - Stocks closed higher on Wall Street Tuesday as some of the most breathtaking moves from a manic Monday reversed course. The S&P 500 rose 64.80 points, or 1.7%, to 3,920.56 after a report showed inflation is still high , though no more than expected. The Dow...

Bank Stocks Tumble as Others Rise
It Was a Bad Day
for Bank Stocks
MARKETS
Mar 13, 2023 3:46 PM CDT

It Was a Bad Day for Bank Stocks

But other stocks rose amid hopes Fed will now hold off on rate hikes

(Newser) - Bank stocks tumbled Monday on worries about what’s next to break, following the second- and third-largest bank failures in US history. But many other stocks rose Monday on hopes the bloodletting will force the Federal Reserve to take it easier on the hikes to interest rates that are shaking...

Bank Failure Keeps Wall Street in Sour Mood
Bank Failure Keeps
Wall Street in Sour Mood
MARKETS
Mar 10, 2023 3:20 PM CST

Bank Failure Keeps Wall Street in Sour Mood

All the major indexes fall again

(Newser) - Stocks fell again on Friday after the largest US bank failure in more than a decade raised worries on Wall Street about what's next to break as interest rates keep climbing.
  • The Dow fell 345 points, or 1%, to 31,909.
  • The S&P 500 fell 56 points, or
...

Dow Selloff Accelerates as Bitcoin Sinks, Too
Dow Selloff Accelerates
as Bitcoin Sinks, Too
MARKETS
Mar 9, 2023 3:23 PM CST

Dow Selloff Accelerates as Bitcoin Sinks, Too

Fed chief Powell's testimony to Congress doesn't sit well on Wall Street

(Newser) - Stocks fell broadly Thursday on Wall Street and added to the week’s losses as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation, per the AP .
  • The Dow fell 543 points, or 1.6%, to 32,254.
  • The S&P 500
...

Fed Chair&#39;s Latest Remarks Give Markets Solace
Fed Chair's Latest Remarks
Give Markets Solace
MARKETS
Mar 8, 2023 3:49 PM CST

Fed Chair's Latest Remarks Give Markets Solace

'We’re not on a preset path' to bigger rate hikes, Powell says

(Newser) - Stocks drifted to a mixed close on Wall Street a day after sinking to one of their worst days of the year. The S&P 500 rose 5.64 points, or 0.1%, to 3,992.01. The Dow Jones Industrial Average fell 58.06 points, or 0.2%, to...

Dow Drops 575 Points After Warning From Fed Chief

Powell says rate hikes could be stepped up

(Newser) - Stocks sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation. The S&P 500 fell 62.05 points, or 1.5%, to 3,986.37. The Dow Jones Industrial Average fell...

Fed&#39;s Powell Speaks, and Markets Aren&#39;t Thrilled


Fed Chair Has
More Bad News
Mar 7, 2023 10:45 AM CST

Fed Chair Has More Bad News

Guess what? Higher interest rates likely coming

(Newser) - Jerome Powell opened his mouth on Tuesday before the Senate Banking Committee, Wall Street listened and wasn't happy, and probably no one who's possession of a variable interest rate will be, either. "The latest economic data have come in stronger than expected, which suggests that the ultimate...

With a Big Week Ahead, Markets Are in a Holding Pattern

Friday jobs report could cause big swing

(Newser) - Stocks drifted to a mixed close Monday as Wall Street remained in a holding pattern ahead of a potentially big week. The S&P 500 rose 2.78 points, or 0.1%, to 4,048.42 after coming off its first winning week in the last four. The Dow Jones...

Dow Snaps 4-Week Losing Streak
Dow Snaps 4-Week
Losing Streak
Mar 3, 2023 3:26 PM CST

Dow Snaps 4-Week Losing Streak

All the major indexes have a strong Friday

(Newser) - Stocks rallied on Wall Street on Friday, climbing to their biggest gain in six weeks.
  • The S&P 500 jumped 64 points, or 1.6%, to 4,045.
  • The Dow rose 387 points, or 1.1%, to 33,390.
  • The Nasdaq rose 226 points, or nearly 2%, to 11,689.
...

Fed Official's Comments Lift Wall Street's Mood

Dow rises 341 points

(Newser) - Stocks closed higher Thursday on Wall Street for the first time in three days, thanks in part to easing fears about the Federal Reserve's plans for interest rates.
  • The S&P 500 rose 29 points, or 0.7%, to 3,981.
  • The Dow rose 341 points, or 1%, to
...

Lowe&#39;s Drops 5.6% in Another Gloomy Day for Wall Street
Stocks Open March
With More Losses
MARKETS
Mar 1, 2023 3:46 PM CST

Stocks Open March With More Losses

Investors expect interest rates to stay higher for longer

(Newser) - Most stocks marched lower Wednesday as stubbornly sticky inflation has Wall Street bracing for interest rates to stay higher for longer. The S&P 500 fell 18.76 points, or 0.5%, to 3,951.39 in its first trading after coming off a frigid February. The Dow rose 5....

Wall Street Ends Tough Month With More Losses
Tough Month for Stocks
Ends With More Losses
MARKETS
Feb 28, 2023 4:13 PM CST

Tough Month for Stocks Ends With More Losses

Norwegian Cruise Line tumbles 10.2%

(Newser) - A frigid February for Wall Street closed out with more losses on Tuesday. The S&P 500 fell 0.3% points to 3,970.15 to lock in a loss of 2.6% for the month. The Dow Jones Industrial Average fell 232.39 points, or 0.7%, to 32,...

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