stock market

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White House Plays Down Stock Market's Bad Day

As outlets call attention to Trump's previous claims of credit for roaring market

(Newser) - President Trump himself hasn't addressed Monday's miserable day for the stock market, but two White House officials made a point to downplay the trouble and emphasize perspective. "Look markets do fluctuate," said deputy White House press secretary Raj Shah. "But the fundamentals of this economy...

Dow Just Had Its Worst Single-Day Point Loss Ever

Index plunges 1,175 points

(Newser) - The Dow had a terrible Friday , and Monday was far worse. The Dow Jones industrial average fell 1,175 points—the largest single-day point drop in its history—to close at 24,345, per the AP . And it could been have been ever rougher: At one point in the afternoon,...

Stocks Swoon, Sending Dow Down Over 600 Points
Stocks Swoon, Sending
Dow Down Over 600 Points
MARKETS
Feb 2, 2018 3:33 PM CST

Stocks Swoon, Sending Dow Down Over 600 Points

It ends worst week for stocks in 2 years

(Newser) - The stock market closed sharply lower Friday, extending a week-long slide, as the Dow Jones industrial average plunged more than 600 points, the AP reports. Stocks ended their worst week in two years, and the Dow's drop was its biggest in percentage terms since June 2016. Several giant US...

After Stumble, Stocks End Bit Higher
After Stumble,
Stocks End Bit Higher
MARKETS
Jan 31, 2018 3:15 PM CST

After Stumble, Stocks End Bit Higher

Health care stocks down, tech companies up

(Newser) - Stock indexes ended slightly higher Wednesday on Wall Street after overcoming a brief stumble in the afternoon, the AP reports. The dip came after the Federal Reserve released its latest statement on interest rate policy and the economy. The Fed, as expected, held off on raising interest rates. Losses in...

Stock Market Just Had Its Worst Day in Months

Dow falls 362, with health care stocks mostly to blame

(Newser) - The stock market slumped to its worst loss since August on Tuesday, giving back some of the big gains it has posted since the beginning of the year. Health care companies were by far the biggest losers. Insurers, drugmakers, and distributors slumped following news that Amazon was teaming up with...

Dow Slides Triple Digits; Investors Fret About Apple

DJIA falls 177

(Newser) - Stocks ended broadly lower on Wall Street Monday, led by declines in technology companies. The Dow Jones industrial average slid 177 points, or 0.7%, to 26,439, while the Nasdaq composite lost 39 points, or 0.5%, to 7,466, and the Standard & Poor's 500 index fell...

Stock Indexes Power to More Record Highs
Stock Indexes Power
to More Record Highs
MARKETS
Jan 26, 2018 3:21 PM CST

Stock Indexes Power to More Record Highs

Technology, health care companies see gains

(Newser) - Stocks surged further into record territory Friday on Wall Street, driven by more gains in technology and health care companies, the AP reports. Chipmaker Intel jumped 10.6% after turning in strong quarterly results. AbbVie, a drugmaker, soared 13.8% after releasing a strong report of its own. Health care...

Stocks End a Choppy Day of Trading Mixed
Stocks End a Choppy
Day of Trading Mixed
MARKETS
Jan 25, 2018 3:31 PM CST

Stocks End a Choppy Day of Trading Mixed

Tech companies held back gains elsewhere

(Newser) - The stock market ended a choppy day of trading Thursday with mixed results as slumping technology companies held back gains elsewhere, the AP reports. The Standard & Poor's 500 notched a tiny gain, enough to mark another all-time high for the widely used index. Safe-play stocks like utilities and...

Tech Losses Weigh on US Stock Indexes
Tech Losses Weigh
on US Stock Indexes
MARKETS
Jan 24, 2018 3:22 PM CST

Tech Losses Weigh on US Stock Indexes

And airlines suffered steep losses

(Newser) - US stocks wobbled and finished mostly lower Wednesday on Wall Street as technology companies, including chip-makers, dropped, the AP reports. Industrial companies were weighed down by steep losses in airlines. United Continental plunged 11% after saying it would ramp up passenger capacity to compete with lower-priced airlines. Delta fell 5%...

Dow Slips a Bit, but Netflix Stock Soars

Company sees 10% gain on subscriber news

(Newser) - Stocks closed mostly higher Tuesday as gains in technology companies and retailers were partly offset by losses in consumer goods makers. Netflix soared 10% Tuesday after reporting a big gain in subscribers, while Amazon climbed 2.7%. The Standard & Poor's 500 index rose 6 points, or 0.2%,...

Shutdown News Lifts Markets to Record Highs

Dow rises 142 to 26,214

(Newser) - Stocks closed higher on Wall Street Monday, setting more all-time highs for major US indexes. Technology, energy, and consumer-focused companies contributed most to the gains, per the AP . Microsoft rose 1.8%, Schlumberger jumped 4.4%, and Amazon rose 2.5%. The market got off to a weak start but...

US Stocks Finish Higher
US Stocks Finish Higher
MARKETS
Jan 19, 2018 3:36 PM CST

US Stocks Finish Higher

Several major indexes hit new highs Friday

(Newser) - Stocks closed higher Friday on Wall Street, driving several of the major indexes to new highs, the AP reports. Retailers and consumer goods companies led the gainers. Energy stocks fell along with the price of crude oil. Utilities declined as bond yields rose. Lowe's rose 3.5% after naming...

Stock Indexes Pull Back Below Records
Stock Indexes Pull
Back Below Records
MARKETS
Jan 18, 2018 3:20 PM CST

Stock Indexes Pull Back Below Records

Thanks to losses in industrial, energy stocks

(Newser) - Stocks closed slightly lower Thursday on Wall Street, pulling the market below the record highs it set the day before, the AP reports. Losses in industrial and energy stocks contributed the most to the modest declines. Boeing lost 3.1% while Kinder Morgan fell 2.9%. La Quinta rose 3....

Dow Has 1st Close Above 26K Points
Dow Has 1st Close
Above 26K Points
MARKETS
Jan 17, 2018 3:20 PM CST

Dow Has 1st Close Above 26K Points

Tech stocks were some of biggest winners Wednesday

(Newser) - Stocks closed higher Wednesday on Wall Street, sending the Dow Jones industrial average to its first close above 26,000 points, the AP reports. The Dow had traded above that level on Tuesday but wound up closing lower that day. The Dow's surge on Wednesday was driven in part...

Dow Cracks 26K, but Can't Sustain It

Industrial, tech stocks slump

(Newser) - Losses by industrial and technology companies pulled stocks lower Tuesday, erasing an early gain that sent the Dow Jones industrial average past 26,000 points for the first time. In the end, the Dow fell 10 points, less than 0.1%, to 25,792, per the AP . The Standard &...

Dow Sprints to 26K
Dow Jones Blows by 26K
Jan 16, 2018 8:51 AM CST

Dow Jones Blows by 26K

If it closes above milestone, it will set a breathtaking record for 1K-point gain

(Newser) - The Dow Jones Industrial Average opened above 26,000 for the first time Tuesday morning, and the Wall Street Journal reports that the latest 1,000-point rise took only a dizzying and record seven trading days. The asterisk to that record is that it won't be official until the...

Banks, Retailers Lead Stock Gains
Banks, Retailers
Lead Stock Gains
MARKETS
Jan 12, 2018 3:16 PM CST

Banks, Retailers Lead Stock Gains

(Newser) - Rising retailers pushed stocks further into record territory Friday on Wall Street, the AP reports. The Standard & Poor's 500 closed out its seventh week of gains in the last eight. .Bond yields rose following a report that inflation rose more than expected last month. The yield on the...

Energy Stocks Lead US Indexes Higher
Energy Stocks Lead
US Indexes Higher
MARKETS
Jan 11, 2018 3:23 PM CST

Energy Stocks Lead US Indexes Higher

Price of crude oil hits highest point since 2014

(Newser) - Stocks closed Thursday at more all-time highs as energy companies led the way, the AP reports. The price of crude oil rose again and is the highest it's been since 2014. Chevron climbed 3% and Exxon Mobil rose 1%. Trading was calmer following a wobble the day before, when...

Stocks Fade, Ending a New Year&#39;s Rally
Stocks Fade, Ending
a New Year's Rally
MARKETS
Jan 10, 2018 3:48 PM CST

Stocks Fade, Ending a New Year's Rally

Standard & Poor's declines for first time in 7 days

(Newser) - A stellar start for the New Year on Wall Street has faded as the market posted its first loss of the year on Wednesday, the AP reports. The slight declines came after six straight gains for the Standard & Poor's 500 index, its longest winning streak to open a...

Markets Retain Their New Year's Hot Streak

Dow up another 102 points

(Newser) - The stock market is marking its longest New Year's winning streak in eight years as major indexes continued to notch record highs. The Standard & Poor's 500 rose for a sixth straight day Tuesday, matching the stretch of gains that rang in 2010. The S&P 500 rose...

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