stock market

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Investors Shrug Off Inflation Report
Inflation, Omicron?
S&P Hits All-Time High
MARKETS

Inflation, Omicron? S&P Hits All-Time High

Markets wrap up a strong week

(Newser) - Investors apparently weren't phased by a new report showing that inflation is running at its highest level in about 40 years . The Dow on Friday rose 216 points to 35,970, the S&P 500 rose 44 points to 4,712, and the Nasdaq rose 113 points to 15,...

Stock Market Cools Off
Stock Market Cools Off
MARKETS

Stock Market Cools Off

Indexes are down after three straight days of strong gains

(Newser) - The stock market took a breather on Thursday after three days of strong gains. The Dow ticked downward by a fraction of a point to to 35,754, while the S&P 500 fell 33 points to 4,677 and the Nasdaq fell 269 points to 15,517. Generally, stocks...

Stocks End Higher After Choppy Trading
Travel-Related Firms
Gain More Ground
MARKETS

Travel-Related Firms Gain More Ground

Indexes closed higher after day of choppy trading

(Newser) - Stocks ended modestly higher on Wall Street Wednesday after a day of choppy trading. The muted trading for the benchmark S&P 500 index follows a strong start to the week that included its biggest gain since March. The rally also nearly erased its losses from the last two weeks....

Tech Stocks Jump as Optimism Reigns on Wall St.

S&P 500 gains more than 2%

(Newser) - Stocks jumped for a second day Tuesday as investors continued to wager that the new COVID won’t pose a big threat to the economy. The S&P 500 rose 1.4% in the first few minutes of trading, adding to its gains from a day earlier. It finished up...

Fauci Remarks Help Lift Travel Stocks
Fauci Remarks Help
Lift Travel Stocks
MARKETS

Fauci Remarks Help Lift Travel Stocks

S&P 500 has recovered almost all of last week's losses

(Newser) - Stocks closed solidly higher on Wall Street Monday, aided by a broad rally that includes travel-related companies that stand to benefit from more reopening of the economy. The S&P 500 rose 1.2%, making up nearly all the ground lost last week. Technology companies and banks accounted for a...

Dow Having a Strong Morning as Fears Ease
Dow Rises 600 Points
on Easing Omicron Fears
MARKETS

Dow Rises 600 Points on Easing Omicron Fears

Investors in a better mood about the new COVID strain

(Newser) - Fears about omicron have helped hammer the stock market of late. Now, hopes that the new COVID strain won't be so bad appears to be doing the opposite, reports the Wall Street Journal . In early trading Monday, the Dow was up about 600 points, or 1.7%, while the...

Tech Stocks Help Sink Market Again
Tech Stocks Help 
Sink Market Again
MARKETS

Tech Stocks Help Sink Market Again

Dow falls 59 points

(Newser) - Wall Street slumped anew on Friday in the market's latest bout of dizzying trading, with tech stocks faring the worst. The S&P 500 fell 38 points, or 0.8%, to 4,538. That's after five straight days in which the benchmark index swerved by at least 1....

This Time, Wall Street Bounces the Right Way
This Time, Wall Street
Bounces the Right Way
MARKETS

This Time, Wall Street Bounces the Right Way

Dizzying week continues as the Dow gains 617

(Newser) - Omicron is making for a chaotic week on Wall Street, with the market rebounding strongly on Thursday from Wednesday's big selloff .
  • The Dow rose 617 points, or 1.8%, to 34,639.
  • The benchmark S&P 500 rose 64 points, or 1.4%, to 4,577.
  • The tech-heavy Nasdaq
...

S&amp;P 500 See-Saws as Investors Turn Cautious
Omicron Worries Send
Markets Down Again
MARKETS

Omicron Worries Send Markets Down Again

'Investors are going to have to get used to the idea that this is not going to be the last variant'

(Newser) - Markets turned cautious again Wednesday, erasing an early gain and ending lower as investors try to handicap how much the new coronavirus variant will impact the economy. The latest roller-coaster ride brought the S&P 500 index up 1.9% in the morning and down 1.2% by the closing...

Fed Chief&#39;s Remarks Add to Wall Street&#39;s Woes
Fed Chief's Remarks Add
to Wall Street's Woes
MARKETS

Fed Chief's Remarks Add to Wall Street's Woes

Dow was down 652 points

(Newser) - Wall Street’s losses deepened on Tuesday after the head of the Federal Reserve said it will consider shutting off its support for financial markets sooner than expected. The S&P 500 fell 1.9%. It was already down in the morning amid worries that the omicron variant would hit...

Moderna CEO Predicts 'Material Drop' in Vaccine Effectiveness

Dow futures sink on Omicron news

(Newser) - Drugmakers and health officials say we won't know for a few weeks just how bad the omicron variant will be, particularly in regard to the current vaccines. In the meantime, sentiment is seesawing, as reflected in world financial markets. Friday was grim , Monday rebounded , and now Tuesday is shifting...

Moderna Jumps 11.8% as It Tests Vaccine Against Variant

Markets recover ground after Friday's big drop

(Newser) - The stock market steadied itself Monday following a slide last week brought on by the newest coronavirus variant. Investors are waiting for more clues about just how much damage the new strain may do to the economy. The S&P 500 recovered more than half its drop from Friday. Bond...

Dow Just Had Worst Black Friday on Record

Index plunges 905 points over fears of new COVID variant

(Newser) - The stock market opened ugly and stayed that way. Thanks to fears over a powerful new COVID variant discovered in South Africa, the Dow racked up its worst day of 2021, reports CNBC . (The markets closed early, at 1pm, because of the Thanksgiving holiday.) The Dow plunged 905 points...

Dow Futures Drop 800 Points as COVID Variant Emerges
Fears of COVID Variant
Slam Stock Market
UPDATED

Fears of COVID Variant Slam Stock Market

Dow drops more than 2%, and other major indexes in similar straits

(Newser) - Update: Fears of a newly discovered COVID variant has indeed led to a brutal start for the stock market. The Dow plunged about 800 points at the open on Friday, more than 2%, per the AP , while the S&P 500 and Nasdaq also fell, though by smaller percentages. Our ...

Gap Nosedives 24% After Weak Results
Gap, Nordstrom
Nosedive After
Weak Results
MARKETS

Gap, Nordstrom Nosedive After Weak Results

HP was S&P 500's biggest gainer

(Newser) - Wall Street capped another wobbly day of trading Wednesday with an uneven finish for the major stock indexes ahead of the Thanksgiving holiday. The S&P 500 rose 0.2% after wavering between small gains and losses most of the morning, the AP reports. The benchmark index regained its footing...

Oil Prices Rise Despite Biden Move
Oil Prices Rise 
Despite Biden Move
MARKETS

Oil Prices Rise Despite Biden Move

President ordered release of 50M barrels

(Newser) - Stocks closed mixed on Wall Street Tuesday after a day of wobbly trading. Losses in big technology stocks and companies that rely on consumer spending tempered gains elsewhere in the market. The S&P 500 rose 7.76 points, or 0.2%, to 4,690.70. The Dow Jones Industrial...

Late Drop Robs S&amp;P 500 of Record High
Markets Reassured 
by Biden's Fed Move
MARKETS

Markets Reassured by Biden's Fed Move

But late drop robbed S&P 500 of record high

(Newser) - A late drop robbed the S&P 500 of another record high on Wall Street Monday and left major indexes mostly lower after being up for much of the day. The S&P 500 ended 0.3% lower. It was up as much as 1% earlier. The Nasdaq fell 1....

A Wobbly Trading Day Sums Up the Week
A Wobbly Trading Day
Sums Up the Week
MARKETS

A Wobbly Trading Day Sums Up the Week

Dow falls 268 while S&P posts a smaller loss

(Newser) - Stocks wobbled in afternoon trading on Wall Street Friday and gave indexes a mixed finish to a choppy week. The Dow fell 268 points to 35,601, the S&P 500 fell 6 points to 4,697, and the Nasdaq rose 63 points to 16,057. Both the S&P...

Decent Jobs Numbers Help Steady the Market
Decent Jobs Numbers
Help Steady the Market
MARKETS

Decent Jobs Numbers Help Steady the Market

Dow posts a modest lost, and the S&P sees a modest gain

(Newser) - Stocks remained relatively stable Thursday as investors reviewed the latest earnings reports from retailers and an update on the employment market. The Dow lost 60 points to close at 35,870, while the S&P 500 rose 15 points to 4,704 and the Nasdaq rose 72 points to 15,...

4.7% Drop for Visa Weighs Down S&amp;P 500
Visa Dives 4.7% After
Big Move From Amazon
MARKETS

Visa Dives 4.7% After Big Move From Amazon

Company will no longer accept UK-issued Visa cards

(Newser) - Stock indexes shuffled lower on Wall Street Wednesday, pulling a bit further off their record heights. The bond market was relatively calm following turbulent trading recently amid worries about high inflation. The yield on the 10-year Treasury fell to 1.59%. Shorter-term yields also fell, giving up a portion of...

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