stock market – News Stories About stock market - Page 48

Markets Feel Impact of
Bad News on Vaccine

MARKETS

Apr 13, 2021 3:37 PM CDT

Markets Feel Impact of Bad News on Vaccine

Moderna jumped 6.8% after regulators recommended pause on rival vaccine

(Newser) - Stocks closed mixed on Wall Street Tuesday as gains from a handful of Big Tech companies were tempered by weakness elsewhere in the market. Treasury yields fell, which hurt banks but helped tech companies, the AP reports. The S&P 500 rose 0.3%, notching another record high. Among major...

Stocks Close
Just Short of
Record Highs

MARKETS

Apr 12, 2021 3:58 PM CDT

Stocks Close Just Short of Record Highs

Wall Street expects big profits for major banks

(Newser) - Stocks ended just below the latest record highs they hit last week as technology companies slipped. The S&P 500 edged down less than 0.1% Monday and the tech-heavy Nasdaq gave up 0.4%. Investors are continuing to focus on the economic recovery as well as concerns about inflation...

Stocks Extend Push
Into Record Territory

MARKETS

Apr 9, 2021 3:05 PM CDT

Stocks Extend Push Into Record Territory

Dow rises nearly 300 points

(Newser) - Stocks ended the week in upbeat fashion Friday as a rise in bond yields helped lift the shares of banks. The Dow rose 297 points to a record high of 33,800, the S&P rose 31 points to a record of its own at 4,128, and the Nasdaq...

S&P Notches Another Record

MARKETS

Apr 8, 2021 3:10 PM CDT

S&P Notches Another Record

Tech stocks have a good day in the market

(Newser) - Stocks ticked upward again on Thursday, helped by large technology companies that have benefitted from steady bond yields. The Dow gained 57 points to 33,503, the S&P 500 rose 17 points to another record of 4,097, and the Nasdaq rose 140 points to 13,829. The easing...

Stocks Pull Back
From Record Highs

MARKETS

Apr 6, 2021 3:46 PM CDT

Stocks Pull Back From Record Highs

Bond yield drop pulled banks down

(Newser) - Stocks edged lower on Wall Street, pulling major indexes slightly below the record highs they reached a day earlier. The S&P 500 fell 0.1% Tuesday after wavering between gains and losses throughout the afternoon. Technology and health care stocks led the way lower. The churn that has been...

Dow, S&P 500 Set New Records After Jobs Report

Investors Buoyed by
Latest Jobs Report

MARKETS

Apr 5, 2021 3:53 PM CDT

Investors Buoyed by Latest Jobs Report

Dow, S&P 500 set new records Monday

(Newser) - Stocks closed broadly higher on Wall Street Monday as the economy showed more signs that it’s continuing to recover. The S&P 500 rose 1.4% to another record high. The gains came after the government reported last week that employers went on a hiring spree in March, adding...

Benchmark S&P Closes
With a Milestone '4'

MARKETS

Apr 1, 2021 3:09 PM CDT

Benchmark S&P Closes With a Milestone '4'

Benchmark index finishes above 4K for the first time

(Newser) - The benchmark S&P 500 closed in uncharted territory on Thursday—north of 4,000. The index rose 46 points, or 1.1%, to finish at 4,019. It's the first time the index has ever crossed the threshold, let alone closed above it, reports CNBC . The Dow rose...

S&P 500 Caps Fourth
Consecutive Quarterly Gain

MARKETS

Mar 31, 2021 3:31 PM CDT

S&P 500 Caps Fourth Consecutive Quarterly Gain

Index was outperformed by small-company stocks

(Newser) - Stocks closed mostly higher on Wall Street, clinching the 4th straight quarterly gain for the S&P 500. The benchmark index rose 0.4% Wednesday, bringing its gain for the first three months of the year to 5.8%. The quarterly gain for the index, which tracks large US companies,...

Bond Yield Rise Is
'Spooking Investors'

MARKETS

Mar 30, 2021 3:44 PM CDT

Bond Yield Rise Is 'Spooking Investors'

Dow fell back from record high Tuesday

(Newser) - US stock indexes closed lower Tuesday as another swell higher for Treasury yields added pressure on big technology stocks. The S&P 500 lost 0.3%. Banks and small-company stocks rose. The spotlight was again on the bond market, where the yield on the 10-year Treasury rose to 1.73%....

Dow Reaches
Record to Start Week

MARKETS

Mar 29, 2021 3:05 PM CDT

Dow Reaches Record to Start Week

Index rises nearly 100 points

(Newser) - Stocks wobbled in the morning but stabilized in afternoon trading on Monday. The Dow rose 98 points to a record 33,171, while the S&P 500 fell 3 points to 3,971, and the Nasdaq fell 79 points to 13,059. Financial stocks suffered some of the sharpest losses...

Wall Street's Strong Finish
Erases Week's Losses

MARKETS

Mar 26, 2021 3:12 PM CDT

Wall Street's Strong Finish Erases Week's Losses

Dow rises 453 points

(Newser) - US stocks rose on Friday, erasing the market’s losses from earlier in the week and helping Wall Street avoid a second straight weekly drop. The benchmark S&P 500 rose 65 points, or 1.6%, to 3,974, and some of the biggest gains came from companies whose profits...

Stocks Finish Stronger
After a Shaky Start

Mar 25, 2021 3:20 PM CDT

Stocks Finish Stronger After a Shaky Start

Dow is up nearly 200 points

(Newser) - Stocks closed higher on Wall Street Thursday after shaking off some wobbles from earlier in the day. Gains for banks and industrial companies offset weakness in Big Tech stocks including Facebook and Microsoft, per the AP . The Dow rose 199 points, or 0.6%, to 32,619; the S&P...

GameStop Just Lost
a Third of Its Value

MARKETS

Mar 24, 2021 3:53 PM CDT

GameStop Just Lost a Third of Its Value

Tech stocks took a beating Wednesday

(Newser) - Stocks gave up an early gain and wound up broadly lower on Wall Street, led by declines in tech heavyweights like Facebook and Apple. The S&P 500 gave up 0.5% Wednesday, its second loss in a row, while the tech-heavy Nasdaq dropped 2%. Bond yields mostly fell after...

It's Been a Year Since
Markets' Free-Fall Ended

MARKETS

Mar 23, 2021 3:59 PM CDT

It's Been a Year Since Markets' Free-Fall Ended

Indexes dipped on anniversary of COVID-era low

(Newser) - Stocks closed broadly lower on Tuesday and gave back nearly all of their gains from a day earlier as technology, industrial, and bank stocks fell. The S&P 500 fell 30.07 points, or 0.8%, to 3,910.52. Technology stocks were the biggest drag on the market and...

Railroad Was
Biggest Mover
in S&P 500

MARKETS

Mar 22, 2021 3:52 PM CDT

Railroad Was Biggest Mover in S&P 500

Kansas City Southern is being bought by Canadian firm

(Newser) - Technology companies led stocks higher on Wall Street Monday, reversing some of the market's losses from last week, as investors welcomed some easing in long-term bond yields. The S&P 500 index rose 0.7%, as gains in technology, communication, and other stocks outweighed a pullback in financial companies,...

Dow Slips Again, With
Banks Unhappy About Fed

MARKETS

Mar 19, 2021 3:07 PM CDT

Dow Slips Again, With Banks Unhappy About Fed

Index drops 232 points

(Newser) - The Dow ended the week on a sour note, though other indexes didn't fare as badly. The Dow fell 234 points on the day to 32,627, while the S&P 500 dropped 2 points to 3,913, and the Nasdaq rose 99 points to 13,215. Bank stocks...

Tech Companies
Pull Down Markets

MARKETS

Mar 18, 2021 3:07 PM CDT

Tech Companies Pull Down Markets

Nasdaq falls 3%

(Newser) - Stocks closed lower Thursday, as higher bond yields once again pulled down shares of technology companies and the energy sector sold off on a drop in oil prices, per the AP . The fell 153 points to 32,862, the S&P 500 fell 58 points to 3,915, and the...

Dow Passes 33K After
Fed Announcement

MARKETS

Mar 17, 2021 4:03 PM CDT

Dow Passes 33K After Fed Announcement

Interest rate likely to stay near zero until 2023

(Newser) - The Dow Jones Industrial Average and the S&P 500 closed at record highs Wednesday after the Federal Reserve said it expects its key interest rate to remain near zero through 2023. The central bank’s commitment to keeping rates at rock bottom lows comes even as it forecasts the...

Tech Stocks Rebound
as Wider Market Drops

MARKETS

Mar 16, 2021 4:21 PM CDT

Tech Stocks Rebound as Wider Market Drops

S&P 500 failed to equal year's longest winning streak

(Newser) - Wall Street capped a choppy day of trading Tuesday with stock indexes closing mostly lower after coming within striking distance of matching the market's longest winning streak of the year. The S&P 500 fell 0.2% after wobbling between small gains and losses most of the day. The...

Dow, S&P 500 Had a
Sizzling Start to the Week

MARKETS

Mar 15, 2021 3:59 PM CDT

Dow, S&P 500 Had a Sizzling Start to the Week

Both indexes rose to new record highs

(Newser) - Stocks bounced back from a wobbly start Monday to notch a fifth straight gain, as Wall Street continued to eye the bond market. The S&P 500 index rose 0.7% to a new high as technology and consumer discretionary shares’ gains were offset by falling banks and energy stocks,...