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Dow Drops 500 on Fears of China Trade War

Market was down 500 at midday

(Newser) - US stocks were tumbling Monday after China raised import duties on American pork, apples, and other products. The Dow Jones industrial average was down more than 500 points at noon Eastern, or about 2%, per the Wall Street Journal . The Nasdaq slumped 190 points, or 2.7%, and the S&...

Dow Ends Day Up 310
Dow Ends Day Up 310
MARKETS

Dow Ends Day Up 310

Stocks finish out a rocky quarter

(Newser) - Stocks are closing out a volatile quarter with another surge in technology companies, which have been on a roller-coaster ride this week, the AP reports. The gains Thursday weren't enough to erase the market's first quarterly loss since 2015. After years of slow-and-steady growth, the market plunged in...

US Indexes End Choppy Day Slightly Lower
US Indexes End
Choppy Day Slightly Lower
MARKETS

US Indexes End Choppy Day Slightly Lower

Dow slips 9 points

(Newser) - Stock indexes ended a choppy day of trading slightly lower as the market struggled to find direction a day after another steep drop, the AP reports. Declines in technology stocks and retailers weighed on the market Wednesday, offsetting gains in health care and other sectors. Intel slumped 3.1%, and...

Tech Slide Leads Stocks Sharply Lower
Tech Slide Leads
Stocks Sharply Lower
MARKETS

Tech Slide Leads Stocks Sharply Lower

Dow gives up 344 points

(Newser) - A late-afternoon drop in technology stocks pulled indexes sharply lower on Wall Street, erasing much of a powerful rally from the day before, the AP reports. It was solid red in the technology sector Tuesday. Chipmaker Nvidia sank 7.8% following reports that the company was suspending its tests of...

Dow Surges 669 Points
Dow Surges 669 Points
MARKETS

Dow Surges 669 Points

Its biggest gain since August 2015

(Newser) - The Dow Jones industrial average surged nearly 670 points, erasing nearly half the ground it lost last week and marking the biggest gain since August 2015, the AP reports. The broad gains Monday were led by technology stocks and banks, which took some of the biggest losses last week as...

Stocks Swoon Again; Dow Sinks 400
Stocks Swoon Again;
Dow Sinks 400
MARKETS

Stocks Swoon Again; Dow Sinks 400

Traders worried about trade war between US, China

(Newser) - Stocks sank again Friday, giving Wall Street its worst week in two years, as fear gripped investors that China and the US were headed for a trade war, the AP reports. The Dow Jones industrial average plunged more than 400 points, bringing its weekly decline to 1,400. Technology companies...

Dow Plunges 724 Points Amid Trade War Fears
Stocks Plunge Amid
Trade War Fears
MARKETS

Stocks Plunge Amid Trade War Fears

US indexes have worst drops since Feb. 8

(Newser) - Stocks plunged, sending the Dow Jones industrials down more than 700 points, as investors feared that trade tensions will spike between the US and China, the AP reports. The Trump administration announced trade sanctions against China Thursday, and Beijing has said it will defend itself. Industrial and technology companies, which...

US Stocks Sink on China Tariff Fears
Trump Signs Off on
Major China Penalties
UPDATED

Trump Signs Off on Major China Penalties

Dow sinks as investors worry about trade war

(Newser) - President Trump signed an order Thursday that paves the way for imposing tariffs on as much as $60 billion worth of Chinese imports to punish Beijing for what he said is the theft of American technology and Chinese pressure on US companies to hand it over. "It is the...

Indexes End the Day Down
Indexes End the Day Down
MARKETS

Indexes End the Day Down

After initially surging following Fed's announcement

(Newser) - Major US stock indexes mostly gave up early gains and ended lower as investors absorbed the first Federal Reserve meeting led by new Fed Chairman Jerome Powell, the AP reports. After initially surging Wednesday following the Fed's decision to edge its main interest rate higher , large-company stock indexes gave...

Stock Indexes Close Broadly Higher
Stock Indexes
Close Broadly Higher
MARKETS

Stock Indexes Close Broadly Higher

But Oracle, Facebook sink

(Newser) - US stock indexes closed broadly higher, led by gains in retailers, energy and industrial companies, the AP reports. Amazon jumped 2.7% Tuesday, leading the way higher for retailers. Energy companies rose along with the price of oil, and banks were also higher as bond yields rose. Oracle plunged 9....

Facebook Plunges, Other Tech Stocks Decline
Facebook Plunges,
Other Tech Stocks Decline
MARKETS

Facebook Plunges, Other Tech Stocks Decline

Broad decline on Wall Street Monday

(Newser) - Technology stocks led a broad decline on Wall Street, led by a plunge in Facebook following reports that a company employed by the Trump campaign improperly obtained data on tens of millions of users, the AP reports. Facebook sank 7% in heavy trading Monday, its biggest daily drop in four...

Stocks End Sluggish Week With Small Gains
Stocks End Sluggish
Week With Small Gains
MARKETS

Stocks End Sluggish Week With Small Gains

Energy, industrial companies rose Friday

(Newser) - The stock market eked out a small gain Friday but still ended the week lower after several days of losses, the AP reports. Energy companies rose along with the price of crude oil. ConocoPhillips gained 1.7%. Banks and industrial companies also ended higher. PNC Financial rose 1.4% and...

Stocks See Mixed Results
Stocks See Mixed Results
MARKETS

Stocks See Mixed Results

Dow ends the day higher, but S&P 500, Nasdaq edge down

(Newser) - Stocks are ending mostly lower on Wall Street as losses in consumer products companies and basic materials makers outweigh gains elsewhere including technology, the AP reports. Kraft Heinz lost 1.7% Thursday, and DowDuPont gave up 1.6%. Broadcom rose 2.8%. Mattel fell 2.4% following word that Toys...

Dow Ends Day Down 248
Dow Ends Day Down 248
MARKETS

Dow Ends Day Down 248

Banks, industrial companies post sizable losses

(Newser) - Stocks fell on Wall Street as banks and industrial companies posted sizable losses, the AP reports. Citigroup lost 1.9% Wednesday and aerospace giant Boeing gave up 2.5%. Banks fell along with bond yields and industrial companies weakened as European leaders warned of the risk of escalating trade tensions....

Dow Ends Day Down 171
Dow Ends Day Down 171
MARKETS

Dow Ends Day Down 171

And Nasdaq's 7-day surge is broken

(Newser) - A pullback in technology stocks knocked out an early rally, breaking a seven-day surge for the Nasdaq composite, the AP reports. Chipmakers were in focus Tuesday after the White House blocked a hostile takeover of Qualcomm by rival Broadcom, citing national security concerns. Qualcomm slumped 5% in heavy trading. Cavium,...

Dow Ends Day Down 157
Dow Ends Day Down 157
markets

Dow Ends Day Down 157

But Nasdaq hits record high

(Newser) - Stocks ended up split on Wall Street as gains for technology companies were offset by losses elsewhere, the AP reports. Chipmakers rose sharply Monday. Micron jumped 8.8% and Nvidia climbed 1.8%. Several big industrial stocks continued to fall. Boeing gave up 2.9% and heavy equipment maker Caterpillar...

Strong Hiring Sends Stocks, Yields Up
Strong Hiring Sends
Stocks, Yields Up
MARKETS

Strong Hiring Sends Stocks, Yields Up

Nasdaq hits another record high

(Newser) - Stocks and bond yields rose sharply Friday on Wall Street after the government reported a big increase in hiring last month, the AP reports. Investors were relieved to see that wage growth slowed. A jump in wages a month ago raised worries about inflation. Technology companies wiped out the last...

After Choppy Day, Stocks End Higher
After Choppy Day,
Stocks End Higher
MARKETS

After Choppy Day, Stocks End Higher

Dow ends day up 93

(Newser) - Stocks are ending a choppy day higher after the White House announced tariffs on steel and aluminum that carved out exceptions for key US allies including Canada and Mexico, the AP reports. Technology and health care stocks posted some of the biggest gains Thursday. Pharmacy benefits manager Express Scripts jumped...

Stocks Struggle to Mixed Finish
Stocks Struggle to
Mixed Finish
MARKETS

Stocks Struggle to Mixed Finish

Dow ends day down 82

(Newser) - Stocks struggled to a mixed finish as some of investors' worst fears about escalating trade tensions ebbed, the AP reports. The market spent much of the day lower Wednesday following the departure of Gary Cohn, the top economic adviser to President Donald Trump. Cohn had opposed the administration's planned...

Stocks End Higher After Choppy Day
Stocks End Higher
After Choppy Day
MARKETS

Stocks End Higher After Choppy Day

Dow edges up 9 points

(Newser) - Stocks struggled to a higher finish on Wall Street after a day of choppy trading, the AP reports. Technology and consumer-focused companies did well Tuesday, but health care companies were weak. Chipmakers Intel and Nvidia both rose sharply, but Johnson & Johnson fell. Traders are still focused on a back-and-forth...

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