stock market

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UPS Tumbles 12.1% After Weak Profit, Revenue Report

Sherwin-Williams, GE Aerospace were on the winning side

(Newser) - Stocks held steady Tuesday in a calm day on Wall Street, as earnings reporting season ramped up for big companies.
  • The S&P 500 slipped 8.67 points, or 0.2%, to 5,555.74
  • The Dow Jones Industrial Average edged down by 57.35, or 0.1%, to 40,
...

Stocks Rebound From Last Week&#39;s Losses
Big Tech Bounces Back
MARKETS
Jul 22, 2024 3:42 PM CDT

Big Tech Bounces Back

'Trump trade' in bond market may be unwinding

(Newser) - US stocks closed broadly higher on Monday, clawing back some of the losses from their worst week since April.
  • The S&P 500 rose 59.41 points, or 1.1% to 5,564.41, breaking a three-day losing streak. It was the first gain for the index since setting an
...

CrowdStrike Shares in Slide After Outage
CrowdStrike Shares
in Slide After Outage
markets
Jul 19, 2024 3:35 PM CDT

CrowdStrike Shares in Slide After Outage

Wall Street posts worst week since April

(Newser) - US stocks closed lower Friday, extending a slump that left Wall Street with its worst week since April. The losses came as businesses around the world scrambled to contain the effects of a disruptive technology outage. Cybersecurity firm CrowdStrike sank after saying the issue believed to be behind the global...

Stocks Fall Across the Board
Stocks Fall Across the Board
markets
Jul 18, 2024 3:48 PM CDT

Stocks Fall Across the Board

Nasdaq again plunges with tech shares

(Newser) - A widespread washout for US stocks dragged Wall Street lower on Thursday.
  • The Dow fell 533.06 points, or 1.3% to 40,665.02.
  • The S&P 500 fell 43.68 points, or 0.8%, to 5,544.59, pulling further from its all-time high set on Tuesday.
  • The
...

Chip Stocks Drop on Nasdaq's Worst Day Since 2022

But Dow jumped another 243 points

(Newser) - Wall Street's record-breaking rally ran into a wall on Wednesday as worries about potentially worsening trade tensions with China hit stocks of chip companies. That dragged indexes to their worst day in months on Wednesday, but conditions were less discouraging underneath the surface, the AP reports.
  • The S&P
...

Dow Leaps 743 Points Amid Widespread Rally
Dow Leaps 743 Points
Amid Widespread Rally
MARKETS
Jul 16, 2024 3:55 PM CDT

Dow Leaps 743 Points Amid Widespread Rally

UnitedHealth, Bank of America report stronger profits than expected

(Newser) - US stocks rose to records on Tuesday after several big companies delivered better-than-expected profits for the spring.
  • The S&P 500 rose 35.98 points, or 0.6%, to 5,667.20 to top its all-time high set last week.
  • The Dow Jones Industrial Average rose 742.76 points, or
...

Dow Closes Above 40K Again
Dow Closes Above 40K Again
MARKETS
Jul 12, 2024 3:12 PM CDT

Dow Closes Above 40K Again

And the S&P 500 is back over 5,600

(Newser) - It was another strong day on Wall Street Friday to close the week:
  • The S&P 500 rose 30 points, or 0.5%, to 5,615.
  • The Dow jumped 247 points, or 0.6%, to 40,000.90, the first time it has closed above 40,000 since doing so
...

Big Tech Puts a Damper on Good-News Inflation Day

S&P 500 slips a bit from its record high

(Newser) - Stocks had lackluster day on Thursday, despite a report showing that inflation had cooled more than expected:
  • The S&P 500 fell 49 points, or 0.8%, to 5,584.
  • The Dow rose 32 points, or 0.08%, to 39,753.
  • The Nasdaq, fell 364 points, or 1.9%, to
...

S&amp;P Closes Above 5,600 for First Time
S&P Closes Above
5,600 for First Time
MARKETS
Jul 10, 2024 3:35 PM CDT

S&P Closes Above 5,600 for First Time

Wall Street continues its rise into record territory

(Newser) - Stocks rose again on Wednesday, continuing Wall Street's record-setting run. The big highlight is that the S&P 500 closed above 5,600 points for the time ever, per the AP .
  • The S&P rose 56 points, or 1%, to 5,633.
  • The Dow rose 429 points, or 1%,
...

Benchmark S&P 500 Cracks Another Threshold

Index hits 5,600 for the first time

(Newser) - The S&P 500 index—seen as a more accurate reflection of the market than the Dow—eclipsed a new threshold on Wednesday by hitting 5,600 for the first time, reports CNBC . The benchmark index was up a modest 27 points around midday, or about 0.5%, but it...

Fed Chief Testifies, and Wall Street Is Mixed
Fed Chief Testifies,
and Wall Street Is Mixed
MARKETS
Jul 9, 2024 3:25 PM CDT

Fed Chief Testifies, and Wall Street Is Mixed

S&P 500 edges up to another record after Powell provides few hints

(Newser) - Stocks closed mixed on Wall Street Tuesday after testimony from Federal Reserve Chair Jerome Powell in front of Congress provided little new guidance on the Fed's plans for lowering interest rates, per the AP .
  • The S&P 500 ticked up 4 points to 5,576, another record close.
  • The
...

On Slow Day, S&amp;P 500 Ekes Out Another Record
On Slow Day, S&P 500
Ekes Out Another Record
MARKETS
Jul 8, 2024 3:16 PM CDT

On Slow Day, S&P 500 Ekes Out Another Record

Fed chief Powell addresses Congress on Tuesday

(Newser) - Stocks wavered Monday but still managed record-high closes for the S&P 500 and Nasdaq:
  • The benchmark S&P 500 ticked up 5 points to 5,572.
  • The tech-focused Nasdaq gained 50 points to 18,403.
  • The Dow fell 31 points to 39,344.

More Records Fall After Jobs Report
More Records Fall
After Jobs Report
markets
Jul 5, 2024 3:35 PM CDT

More Records Fall After Jobs Report

Investors are pleased by signs that economic growth is slowing

(Newser) - US stocks rose to more records Friday after a highly anticipated report on the job market bolstered Wall Street's hopes that interest rates may soon get easier.
  • The Dow rose 67.87 points, or 0.2%, to close at 39,375.87.
  • The S&P 500 climbed 30.17
...

Wall Street Has Another Record Finish
Wall Street Has
Another Record Finish
MARKETS
Jul 3, 2024 3:25 PM CDT

Wall Street Has Another Record Finish

Benchmark S&P continues to climb

(Newser) - Wall Street's record-breaking rally kept going Wednesday after weak reports on the US economy kept the door open for possible cuts to interest rates, per the AP .
  • The S&P 500 rose 28 points, or 0.5%, to another record of 5,537.
  • The Dow slipped 23 points, or
...

Big Jump for Tesla Lifts Wall Street to New Records

S&P 500, Nasdaq hit record highs

(Newser) - A zoom higher for Tesla helped drive Wall Street to more records on Tuesday.
  • The S&P 500 rose 33.92 points, or 0.6% to 5,509.01 to top its all-time high set two weeks ago.
  • The Dow Jones Industrial Average gained 162.33, or 0.4%, to
...

Deal Announcement Gives Boeing a Boost
Boeing Jumps 2.5%
After Deal Announcement
MARKETS
Jul 1, 2024 3:36 PM CDT

Boeing Jumps 2.5% After Deal Announcement

Election results give French markets a boost

(Newser) - US stocks drifted to a mixed close Monday and bond yields jumped as elections continued to drive swings in financial markets worldwide.
  • The S&P 500 rose 14.61 points, or 0.3%, to 5,475.09, even though three out of every four stocks within the index fell.
  • The
...

Decline Ends S&amp;P 500 Streak
Decline Ends S&P 500 Streak
markets
Jun 28, 2024 3:50 PM CDT

Decline Ends S&P 500 Streak

Nike falls 20%, pulling competitors down, as well

(Newser) - Stocks on Wall Street gave up early gains and finished lower Friday, ending a three-week winning streak for the S&P 500. Despite a flurry of selling late in the day, the S&P 500 and the Nasdaq remain near their all-time highs, per the AP :
  • The Dow fell 45.
...

Stocks Move Little Ahead of Inflation Report
Stocks Move Little
Ahead of Inflation Report
markets
Jun 27, 2024 3:45 PM CDT

Stocks Move Little Ahead of Inflation Report

Findings could affect Federal Reserve's next decision on interest rates

(Newser) - Major stock indexes on Wall Street closed little changed Thursday as traders looked ahead to a key report on inflation that could influence the Federal Reserve's next move on interest rates.
  • The Dow closed 0.1% higher, adding 36.26 points to reach 39,164.06.
  • The S&P
...

Amazon Rises Above $2T in Value for First Time
Amazon Reaches
$2T Milestone
MARKETS
Jun 26, 2024 3:27 PM CDT

Amazon Reaches $2T Milestone

Rivian was another big winner on Wall Street

(Newser) - Stocks drifted to a mixed close Wednesday near the all-time highs they set last week.
  • The S&P 500 rose 8.60 points, or 0.2%, to 5,477.90.
  • The Dow Jones Industrial Average rose 15.64 points, or less than 0.1%, to 39,127.80.
  • The Nasdaq
...

Nvidia Rebound Props Up Wall Street
Nvidia Rebound
Props Up Wall Street
MARKETS
Jun 25, 2024 3:33 PM CDT

Nvidia Rebound Props Up Wall Street

It jumped 6.8% while most other stocks fell

(Newser) - A rebound for Nvidia propped up a weakened Wall Street on Tuesday and kept US stock indexes close to their records.
  • The S&P 500 rose 21.43 points, or 0.4%, to 5,469.30 and neared its all-time high set a week earlier.
  • The Dow Jones Industrial Average,
...

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