stock market

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Wall Street Has a &#39;Post-Fed Hangover&#39;
Wall Street Has
a 'Post-Fed Hangover'
MARKETS
Nov 3, 2022 3:27 PM CDT

Wall Street Has a 'Post-Fed Hangover'

Stocks fall again on fears that rate increases will remain aggressive for a while

(Newser) - Stocks fell again on Thursday, a day after the Federal Reserve indicated that its fight against inflation is far from over. The Dow fell 146 points, or 0.4%, to 32,001, the S&P 500 fell 39 points, or 1%, to 3,719, and the Nasdaq fell 181 points,...

Dow Drops 505 Points After Fed Chief&#39;s Remarks
Dow Drops 505 Points
After Fed Chief's Remarks
MARKETS
Nov 2, 2022 4:03 PM CDT

Dow Drops 505 Points After Fed Chief's Remarks

Powell signals that rate hikes will continue

(Newser) - Stocks closed broadly lower on Wall Street Wednesday after Federal Reserve Chair Jerome Powell signaled that the central bank will eventually need to bring rates higher than previously anticipated in order to tame the worst inflation in decades. The Fed also announced its fourth straight extra-large rate increase of three-quarters...

Stocks Drop After Latest Job Market Report
Stocks Drop After
Latest Job Market Report
MARKETS
Nov 1, 2022 3:49 PM CDT

Stocks Drop After Latest Job Market Report

'The labor market is still too tight for the Fed'

(Newser) - Stocks gave up early gains and ended lower on Wall Street after an unexpectedly strong report on the job market raised concerns that the Federal Reserve will need to keep the pressure on inflation with aggressive interest rate increases. The S&P 500 fell 0.4% after having been up...

Dow Just Had Its Best Month Since 1976
Dow Just Had Its
Best Month Since 1976
MARKETS
Oct 31, 2022 3:49 PM CDT

Dow Just Had Its Best Month Since 1976

But major indexes dipped on Monday

(Newser) - Stocks ended lower on Wall Street Monday, but major indexes still wound up with big gains for October, including the best month for the Dow Jones Industrial Average since 1976. The broader S&P 500, the benchmark for many index funds, had its first monthly gain since July, as did...

Dow Jumps More Than 800 Points
Dow Jumps More
Than 800 Points
MARKETS
Oct 28, 2022 3:25 PM CDT

Dow Jumps More Than 800 Points

Stock market has first weekly win streak since summer

(Newser) - Wall Street rallied Friday to cap another strong week for stocks, led by Apple and other companies that made even bigger profits during the summer than expected. For the day, the Dow rose 828 points, 2.5%, to 32,861; the S&P 500 rose 93 points, or 2.4%,...

Dow, Benchmark S&amp;P 500 Can&#39;t Agree on Direction
Dow, Benchmark S&P 500
Can't Agree on Direction
MARKETS
Oct 27, 2022 3:15 PM CDT

Dow, Benchmark S&P 500 Can't Agree on Direction

Dow has a strong day, while tech stocks hold down the benchmark S&P

(Newser) - Wall Street had a weird day, with major indexes very much split. The Dow rose a solid 197 points, or 0.6%, to 32,036, but the S&P 500 fell 22 points, or 0.5%, to 3,807, and the Nasdaq fell 178 points, or 1.6%, to 10,...

Tech Giants Drop After Reporting Weak Earnings
Tech Giants Drop After
Reporting Weak Earnings
MARKETS
Oct 26, 2022 3:58 PM CDT

Tech Giants Drop After Reporting Weak Earnings

Google's parent company slumped 9.1%

(Newser) - Stock ended mixed on Wall Street on Wednesday as investors weighed the latest batch of earnings reports, including weak results from several heavyweight technology companies. The S&P 500 fell 28.51 points, or 0.7%, to 3,830.60. The Dow Jones Industrial Average ended just barely in the...

Major Indexes Rise as Earnings Reports Roll In
Adidas Drops 2.4%
After Dumping Ye
MARKETS
Oct 25, 2022 3:43 PM CDT

Adidas Drops 2.4% After Dumping Ye

Dow rises 337 points as corporate earnings roll in

(Newser) - Stocks closed higher on Wall Street, marking the third straight gain for the S&P 500. The benchmark hadn’t been able to string together more than two gains in a row since mid-September. The gains Tuesday came as the flow of company earnings reports stepped up. The S&P...

Stocks Rise as Tech Giants Prepare to Report Earnings

In China, markets didn't welcome Xi Jinping's third term

(Newser) - Stocks shook off an early bout of unsettled trading Monday and ended higher ahead of a heavy week of earnings from big tech companies. The S&P 500 rose 44.59 points, or 1.2%, to 3,797.34. The Dow Jones Industrial Average rose 417.06 points, or 1....

Stocks Surge on Suggestion of New Fed Strategy
Stocks Surge on Suggestion
of New Fed Strategy
MARKETS
Oct 21, 2022 3:15 PM CDT

Stocks Surge on Suggestion of New Fed Strategy

Dow rises nearly 750 points after report that central bank may ease up on rate hikes soon

(Newser) - Stocks had a strong day on Friday, boosted in part by a report suggesting the Fed might begin cooling down its rate increases before the end of the year. The Dow surged 748 points, or 2.4%, to 31,082; the S&P 500 rose 86 points, or 2.3%,...

Fed May Start Shifting Strategy on Rates

'Wall Street Journal' suggests central bank might ease up on hikes, cheering the stock market

(Newser) - The stock market was in a good mood on Friday, with the Dow up about 300 points after the first hour of trading. One reason seems to be a story in the Wall Street Journal suggesting that the Federal Reserve might start cooling down its rate hikes. Both CNBC and...

Stocks Start Out Strong, Then Fade
Stocks Start Out Strong,
Then Fade
MARKETS
Oct 20, 2022 3:24 PM CDT

Stocks Start Out Strong, Then Fade

Dow falls 90 points on the day

(Newser) - Stocks gave up early gains and closed lower Thursday on Wall Street as markets continue an unsteady search for direction, per the AP . The Dow fell 90 points, or 0.3%, to 30,333; the S&P 500 fell 29 points, or 0.8%, to 3,665; and the Nasdaq...

After 2 Days of Gains, Wall St. Changes Course
After 2 Days of Gains,
Wall St. Changes Course
MARKETS
Oct 19, 2022 3:50 PM CDT

After 2 Days of Gains, Wall St. Changes Course

Dow sheds 100 points

(Newser) - Stocks closed lower on Wall Street Wednesday, reversing course after two days of gains. Major indexes are still higher for the week despite the declines, which pulled every sector lower except energy. Treasury yields continue to climb to multiyear highs, tempting investors with higher returns on relatively low-risk investments. Several...

Strong Lockheed Martin Earnings Lift Defense Stocks

Indexes rose for a second day in a row

(Newser) - Stocks rose on Wall Street Tuesday, adding to weekly gains for major indexes that have been mired in a broad slump amid inflation and recession concerns. The S&P 500 rose 42.03 points, or 1.1%, to 3,719.98. The Dow Jones Industrial Average rose 337.98 points,...

Stocks Surge, Making Up for Friday&#39;s Losses
Tech Stocks Lead
Surge on Wall Street
MARKETS
Oct 17, 2022 3:58 PM CDT

Tech Stocks Lead Surge on Wall Street

Dow jumps 551 points

(Newser) - Stocks closed sharply higher Monday on Wall Street, marking the latest about-face for a market that has been unsteadily lurching between gains and losses in recent weeks. The S&P 500 rose 94.88 points, or 2.6%, to 3,677.95, more than recovering the ground it lost in...

Markets Consistent on Only One Thing: Volatility

Dow falls more than 400 points one day after surge

(Newser) - Stocks closed broadly lower on Friday as investors weighed the latest updates on inflation expectations, consumer spending, and corporate earnings. A report showing US consumers raised their expectations for future inflation hurt markets worldwide, offering another signal the Federal Reserve may have to continue aggressively hiking interest rates to temper...

Stock Market Booms in Surprise Turnaround
Stock Market Booms
in Surprise Turnaround
MARKETS
Oct 13, 2022 3:22 PM CDT

Stock Market Booms in Surprise Turnaround

Despite a bad report on inflation, the Dow surges more than 800 points

(Newser) - When the latest inflation report came in worse than expected Thursday morning, the markets responded in expected fashion and immediately tanked. The Dow, for example, fell more than 500 points in early trading, notes CNBC . It was a much different story at the closing bell, however. The Dow surged 827...

Cruise Lines Were Among Wall St.'s Biggest Winners

But indexes closed lower after a late wobble

(Newser) - Stocks ended a wobbly day lower on Wall Street after a late-afternoon drop erased the tentative gains major indexes had been clinging to for much of the day. The S&P 500 fell 11.81 points, or 0.3%, to 3,577.03 Wednesday, its sixth consecutive loss. The Dow...

Uber, Lyft Slump After Government Labor Proposal

Rule would make it harder for companies to treat workers as independent contractors

(Newser) - Stocks ended mostly lower after an afternoon hiccup on Wall Street as trading remains unsettled ahead of key reports on inflation and corporate earnings. The S&P 500 fell 23.55 points, or 0.7%, to 3,588.84 after wavering down, up, then back down again. The Dow Jones...

After Volatile Week, Markets Dip Some More
After Volatile Week,
Markets Dip Some More
MARKETS
Oct 10, 2022 3:25 PM CDT

After Volatile Week, Markets Dip Some More

But losses are relatively modest

(Newser) - Stocks closed lower Monday on Wall Street, ahead of the beginning of the corporate earnings reporting season, per the AP . The week should provide insight into how high inflation and rising interest rates have been affecting US companies. The S&P 500 fell 27 points, or 0.8%, to 3,...

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