stock market

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Dow Pushes to Another Record, but Tech Suffers
Dow Pushes to Another
Record, but Tech Suffers
MARKETS

Dow Pushes to Another Record, but Tech Suffers

Index rises nearly 300 points

(Newser) - Wall Street had a mixed day on Friday, with the Dow up but technology stocks down. For the day, the Dow rose 293 points to another record close of 32,778; the S&P 500 ticked up 4 points to 3,943; and the Nasdaq, which is heavy on tech...

Big Tech Gives Markets a Boost
Big Tech Gives
Markets a Boost
MARKETS

Big Tech Gives Markets a Boost

Dow climbs nearly 200 points

(Newser) - Technology stocks led the stock market to broad gains and more records on Thursday. The Dow rose 188 points, or .5%, to 32,485; the S&P 500 rose 40 points, or 1%, to 3,939; and the tech-dominated Nasdaq rose 329 points, or 2.5%, to 13,399. The...

Roblox Surges 55% in Stock Market Debut
Roblox Surges 55%
in Stock Market Debut
MARKETS

Roblox Surges 55% in Stock Market Debut

Dow Jones hits new record high

(Newser) - The stock market's big success story Wednesday was videogame maker Roblox, which surged 55% on its debut. The company, which enables users to play online games created by others on the platform, was valued at around $4 billion just a year ago, but the leap from a reference price...

Nasdaq Roars Back After Bond Yields Dip
Nasdaq Roars Back
After Bond Yields Dip
MARKETS

Nasdaq Roars Back After Bond Yields Dip

Tech-heavy index had best day in almost a year

(Newser) - Gains for major tech companies powered a 3.7% surge in the Nasdaq Tuesday, the largest jump for the index in almost a year. The latest swing came a day after the tech-driven index sank more than 10% below its February peak. Markets have been adjusting to a rapid increase...

Slumping Tech Stocks Drag S&amp;P 500 Down
Slumping Tech Stocks
Drag S&P 500 Down
MARKETS

Slumping Tech Stocks Drag S&P 500 Down

Investors are betting stimulus will work

(Newser) - Wall Street ended mixed as slumps in several Big Tech companies offset gains in many other parts of the market. Because of their huge size, the drops in Apple, Google’s parent company, and other major technology stocks pulled the S&P 500 to a loss of 0.5% Monday...

Markets End Week In a Surge
Markets End Week In a Surge
MARKETS

Markets End Week In a Surge

Dow and benchmark S&P 500 rise about 2%

(Newser) - Wall Street closed out a turbulent week in strong fashion Friday on the heels of an upbeat report on employment . The Dow rose 572 points, or 1.8%, to 31,496; the S&P 500 rose 73 points, or 1.9%, to 3,841; and the Nasdaq rose 196 points,...

Fed Chief&#39;s Comments Rattle Markets
Fed Chief's
Comments
Rattle
Markets
MARKETS

Fed Chief's Comments Rattle Markets

Jerome Powell's 'wait-and-see' message on rates fails to reassure investors

(Newser) - Stocks moved broadly lower on Wall Street Thursday as bond yields made another upward spike, renewing pressure on high-flying technology stocks, per the AP . The Dow fell 345 points, or 1.1%, to 30,924; the S&P 500 fell 51 points, or 1.3%, to 3,768; and the...

Inflation Fears Rattle Tech Investors
Inflation Fears Rattle
Tech Investors
MARKETS

Inflation Fears Rattle Tech Investors

'The good news to remember is there are other groups taking the baton'

(Newser) - Technology companies led stocks lower on Wall Street Wednesday as another rise in bond yields rattled investors. Higher bond yields can signal that inflation could be on the way as the economy picks up—and many believe the economy this year could see a rebound with growth coming in at...

Zoom Dives 7% on Weak Day for Tech Stocks
Zoom Drops 7% as
Markets Pull Back
MARKETS

Zoom Drops 7% as Markets Pull Back

Nielsen surges 7.7% after Roku deal

(Newser) - Stocks closed lower on Wall Street after a wobbly day, giving back some of their big gains from a day earlier. The S&P 500 lost 0.8% Tuesday after flipping between small gains and losses throughout the day. A day before, it leaped 2.4% for its best performance...

S&amp;P 500 Just Had Its Best Day Since June
S&P 500 Just Had
Its Best Day Since June
MARKETS

S&P 500 Just Had Its Best Day Since June

Stocks rose across the board Monday

(Newser) - Stocks rallied on Wall Street Monday, pushing the S&P 500 to its biggest gain in nine months. The 2.4% jump in the benchmark index followed back-to-back weekly losses and came as investors were relieved to see long-term interest rates easing lower in the bond market. Higher interest rates...

Dow Wraps Up a Losing Week
Dow Wraps Up a Losing Week
MARKETS

Dow Wraps Up a Losing Week

Index falls another 469 points

(Newser) - US stock indexes had a mostly in-the-red day on Friday, continuing the week's trend . The Dow fell 469 points, 1.5%, to 30,932, and the S&P 500 fell 18 points, 0.4%, to 3,811, while the Nasdaq managed to rise 72 points, 0.5%, to 13,...

&#39;Hope on the Horizon&#39; Is Bad News for Market
'Hope on the Horizon'
Is Bad News for Market
MARKETS

'Hope on the Horizon' Is Bad News for Market

Dow falls more than 500 points

(Newser) - Stocks moved sharply lower Thursday as the recent theme of the market—rising bond yields and falling prices of technology companies—continued to weigh on trading. The Dow fell 559 points, or 1.7%, to 31,402; the S&P 500 fell 96 points, or 2.4%, to 3,829;...

GameStop's Roller Coaster Ride Has Started Again

Retailer's stock price suddenly doubled Wednesday

(Newser) - After frenzied trading last month brought GameStop shares from as low as $17 to as high as $483, it eventually stabilized in the $40 to $50 range—until Wednesday, when huge swings resumed. The retailer's share price more than doubled in a sudden burst of trading Wednesday afternoon and...

Boeing the Biggest Gainer as Dow Hits All-Time High

GameStop doubled in sudden burst of trading

(Newser) - Stocks closed broadly higher on Wall Street after shaking off a wobbly start. Banks helped lead the gains as bond yields rose, which will allow banks to charge higher rates on mortgages and other loans. Small-company stocks continued to outpace the rest of the market, as they have done since...

Big Tech Sell-Off Continues
Big Tech Sell-Off Continues
MARKETS

Big Tech Sell-Off Continues

Analysts say it's down to rising bond yields

(Newser) - A late burst of buying erased much of an early slide on Wall Street Tuesday. The tech-heavy Nasdaq lost 0.5%, having clawed back most of an early drop of as much as 3.9%. Facebook, Disney, Netflix, and other communications stocks helped drive the comeback. Early drops in Big...

Tesla Drops 8.5% on Bad Day for Big Tech
Big Tech Just Had
a Bad Day on Wall St.
MARKETS

Big Tech Just Had a Bad Day on Wall St.

American Airlines was among the big winners

(Newser) - Stocks closed mostly lower on Wall Street Monday, dragged down by losses in several Big Tech companies. The pullback helped drag down the Nasdaq and the S&P 500, while the Dow, which isn't as heavily weighted with tech stocks, rose, the AP reports. The S&P 500 fell...

Wall Street Remains in Wait-and-See Mode
Wall Street Remains
in Wait-and-See Mode
MARKETS

Wall Street Remains in Wait-and-See Mode

Dow is flat as investors look to Congress for stimulus

(Newser) - Stocks didn't move much Friday as investors remained focused on the future of the COVID-stricken economy and the potential for more stimulus to fix it. The Dow rose less than a single point to 31,494, the S&P 500 dipped 7 points to 3,906, and the Nasdaq...

Walmart Forecast Helps Put Damper on Stocks
Walmart Forecast Helps
Put Damper on Stocks
MARKETS

Walmart Forecast Helps Put Damper on Stocks

Rising unemployment figures didn't help, either

(Newser) - Some bleak job numbers help put a damper on Wall Street Thursday. The Dow fell 119 points to 31,493, the S&P 500 fell 17 points to 3,913, and the Nasdaq fell 100 points to 13,865. Those declines came after the Labor Department reported that the number...

Chevron, Verizon Help Dow Hit New Record High
2 Buffett Buys Help
Dow Hit New High
MARKETS

2 Buffett Buys Help Dow Hit New High

But tech stocks struggled Wednesday

(Newser) - Stocks ended mostly lower on Wall Street Wednesday as losses by technology and industrial sector companies offset gains in other parts of the market. The S&P 500 edged down less than 0.1%, while the tech-heavy Nasdaq gave back 0.6%. Small-company stocks also fell. The Dow Jones Industrial...

As US Shivers, Energy Stocks Surge
As US Shivers,
Energy Stocks Surge
MARKETS

As US Shivers, Energy Stocks Surge

Natural gas price hits highest level since November

(Newser) - Stock indexes closed mostly lower Tuesday as losses in health care and technology companies kept gains in energy and other sectors of the market in check. The S&P 500 ended down less than 0.1% after giving up a modest early gain. Energy companies that stand to benefit from...

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