stock market

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Stocks Hold Gains After Big Announcement From Fed
Markets Unfazed by
Big Announcement From Fed
MARKETS

Markets Unfazed by Big Announcement From Fed

Central bank may start easing COVID-era support measures later this year

(Newser) - Stocks held on to their gains on Wall Street Wednesday after the Federal Reserve signaled it may begin easing its extraordinary support measures for the economy later this year. In a statement at 2pm Eastern, the central bank said it may start raising its benchmark interest rate sometime next year,...

Uber Jumps 11.5% on Mixed Day for Markets
Market Recovery 
Fizzles by Closing Bell
MARKETS

Market Recovery Fizzles by Closing Bell

S&P 500, Dow dropped but Nasdaq rose

(Newser) - Major indexes ended mixed on Wall Street Tuesday after spending much of the day wobbling between gains and losses. For parts of the afternoon the market had looked like it would recoup some of the losses it took in a big pullback a day earlier, but by the closing bell...

China&#39;s &#39;Lehman Moment&#39;? Wall Street Is Skeptical
All Eyes on How Beijing
Handles a Financial Landmine
the rundown

All Eyes on How Beijing Handles a Financial Landmine

Developer Evergrande could be about to default and collapse

(Newser) - US markets tanked on Monday , and those reading about the plunge would have learned that much of the blame was placed on a Chinese company called Evergrande. Which may have prompted many to wonder: What on earth is Evergrande and why did it dent my 401K? Coverage:
  • The company: Evergrande
...

Stocks Just Had Their Biggest Drop Since May
Dow Drops 614 Points 
as China Worries Grow
MARKETS

Dow Drops 614 Points as China Worries Grow

Developer Evergrande could be on brink of collapse

(Newser) - US stocks had their biggest drop since May as traders worried about potential ripple effects if a debt-laden Chinese real estate company defaults. The S&P 500 fell 1.7% Monday. It had been down as much as 2.9% earlier. Hong Kong’s main index dropped 3.3%, its...

Wall Street Is Bracing for an Ugly Day

Dow is set to plunge more than 500 points

(Newser) - It's shaping up to be a rough day on Wall Street. The Dow is on track to fall more than 500 points, or about 1.5%, when the market opens, while the benchmark S&P 500 and the tech-heavy Nasdaq also braced for losses of more than 1%, reports...

Up-and-Down Week Ends Decidedly Down
For Benchmark S&P,
2 Straight Losing Weeks
MARKETS

For Benchmark S&P, 2 Straight Losing Weeks

Dow falls almost 170 points

(Newser) - Technology companies led a broad slide for stocks Friday, as the major indexes registered a feeble ending to an up-and-down week on Wall Street. The Dow fell 166 points to 34,584, the S&P 500 fell 40 points to 4,432, and the Nasdaq fell 137 points to 15,...

Stocks Pare Losses, Remain Up for the Week
Stocks Pare Losses,
Remain Up for the Week
MARKETS

Stocks Pare Losses, Remain Up for the Week

But both Dow and S&P register declines for the day

(Newser) - Stocks recovered from a midday slump, keeping major indexes in the green for the week. The market started strong on Thursday after a surprisingly good retail sales report for August, but then quickly turned lower and remained there for much of the day. However, by late afternoon, major indexes had...

Reports of China Crackdown Hit Gambling Stocks Hard

Tech, energy stocks lead S&P 500 to biggest gain since August

(Newser) - Stocks closed solidly higher Wednesday, shaking off some recent doldrums and giving the S&P 500 its biggest daily gain since late August. Energy companies did particularly well as prices for crude oil and natural gas climbed, and Microsoft helped pull the tech sector higher after announcing a dividend increase...

Markets Slump Despite Good News on Inflation
Markets Slump Despite
Good News on Inflation
MARKETS

Markets Slump Despite Good News on Inflation

Dow dropped 292 points

(Newser) - Stocks went back to falling on Wall Street Tuesday after a blip higher the day before, giving the S&P 500 its sixth loss in the last seven trading days. The benchmark index lost 0.6%. The market had started higher after the latest data on inflation came in better...

Boeing Supplier Up 4.7% After Feds Boost Support

Markets are recovering from weeklong slump

(Newser) - Stocks managed to end a wobbly day mostly higher on Wall Street Monday as the market regroups after its biggest weekly drop since June. The S&P 500 shook off an afternoon slump and edged up 0.2%, the Dow Jones Industrial Average added 0.8% and the Nasdaq slipped...

5 Days in a Row: Dow Can&#39;t Stop Skid
5 Days in a Row:
Dow Can't Stop Skid
MARKETS

5 Days in a Row: Dow Can't Stop Skid

Markets wrap up a lousy week

(Newser) - At one point Friday morning, the Dow was up nearly 200 points, notes CNBC . But by the time the closing bell rang, all those gains had been erased en route to a five-day losing streak. Health care, technology, and communications stocks in particular weighed on the market, per the AP...

Markets Can&#39;t Pull Out of Latest Slide
Markets Can't Pull Out
of Latest Slide
MARKETS

Markets Can't Pull Out of Latest Slide

Major indexes retreat again

(Newser) - Stocks closed lower again Thursday after a day of choppy trading as investors continue assessing the pace of economic growth. The holiday-shortened week has given investors several reports, some conflicting, to review for clues on the direction of the economy's recovery, per the AP . The Dow fell 151 points...

Stocks Dip After Fed Says Economy &#39;Downshifted&#39;
Stocks Drop After Fed
Releases 'Beige Book'
MARKETS

Stocks Drop After Fed Releases 'Beige Book'

Economy 'downshifted' over the summer

(Newser) - Stocks closed lower on Wall Street Wednesday following a Federal Reserve report that shows US economic activity slowed this summer amid rising worries over resurgent coronavirus cases and mounting supply chain problems and labor shortages. The Fed’s latest survey of the nation’s business conditions, dubbed the “Beige...

Dow Falls 269 Points as Market Digests Jobs Report

But Nasdaq hit a new record high

(Newser) - Stocks closed mostly lower on Wall Street Tuesday as traders returned from the Labor Day holiday, even as gains for some Big Tech companies nudged the Nasdaq composite barely higher. The benchmark S&P 500 slipped 0.3%. Meanwhile gains for Apple, Facebook, and a few other tech heavyweights nudged...

Weak Jobs Report Puts Damper on Wall Street
Weak Jobs Report Puts
Damper on Wall Street
MARKETS

Weak Jobs Report Puts Damper on Wall Street

S&P is flat, but Dow slips 74

(Newser) - A disappointing jobs report led to a not-so-great day on Wall Street. The Dow fell 74 points to 35,369, the S&P 500 slipped a single point to 4,535, and the Nasdaq managed to gain 32 points to 15,363. The Labor Department said Friday that employers added...

Small-Company Stocks Lead Wall Street to Profits

S&P and Nasdaq notch record-high closes

(Newser) - The stock market recovered from an afternoon stumble and ended with modest gains Thursday, enough to mark more record highs for the S&P 500 and the Nasdaq. The Dow rose 131 points to 35,443, the S&P 500 gained 12 points to 4,536, and the Nasdaq rose...

Tech Gains Lift Nasdaq to New High
Tech Gains Lift
Nasdaq to New High
MARKETS

Tech Gains Lift Nasdaq to New High

S&P 500 added a single point

(Newser) - Stocks eked out some modest gains on Wall Street Wednesday, enough to nudge the Nasdaq composite index to another all-time high. The S&P 500 gave up nearly all of a midday gain and ended just 1 point higher, or less than 0.1%. Small-company stocks did better than the...

S&amp;P 500 Ends August With 7th Straight Monthly Gain
S&P 500 Is on Longest
Winning Streak Since 2018
MARKETS

S&P 500 Is on Longest Winning Streak Since 2018

Index ends August with 7th straight monthly gain

(Newser) - A wobbly day on Wall Street ended Tuesday with major indexes slipping just below recent record highs, but the S&P 500 closed out August solidly in the green with its seventh straight monthly gain, the longest such streak since early 2018. Investors are busy trying to figure out just...

Energy Prices Mixed After Ida Hits US
Affirm Jumps 46.7% After
Amazon Deal Announced
MARKETS

Affirm Jumps 46.7% After Amazon Deal Announced

Energy prices mixed after Hurricane Ida slams into Louisiana

(Newser) - Stocks wound up mixed on Wall Street Monday, with the S&P 500 index managing just enough of a gain to mark another record high. The Dow Jones Industrial Average slipped and small-company stocks fell. Gains for a handful of Big Tech companies were the main driver behind the 0....

Fed Chief&#39;s Comments Lead to a Market Milestone
Fed Chief's Comments
Lead to a Market Milestone
MARKETS

Fed Chief's Comments Lead to a Market Milestone

S&P 500 closes above 4,500 for the first time

(Newser) - The benchmark S&P 500 closed above 4,500 or the first time on Friday, and comments made by the Fed chief are credited for part of the reason. In his highly anticipated speech, Jerome Powell said the Federal Reserve would not overreact to rising inflation or raise interest rates...

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