S&P 500

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Dow Drops 681 Points After Inflation Report
Dow Drops 681 Points 
After Inflation Report
MARKETS

Dow Drops 681 Points After Inflation Report

S&P 500 dived 2.1%

(Newser) - Stocks pulled back again on Wall Street Wednesday after a surprisingly big jump in inflation last month worsened worries among investors that the economy may run too hot as it bounces back from its pandemic-induced recession. Tech giants, which had soared during the past year of lockdowns, took some of...

Tech Sell-Off Drags Nasdaq Down 2.5%
Big Drops for Tech Stocks
Drag Markets Down
MARKETS

Big Drops for Tech Stocks Drag Markets Down

Musk's 'SNL' appearance didn't help Tesla stock

(Newser) - Drops in several Big Tech companies led the stock market lower Monday, pulling major indexes below the record highs they set last week. The S&P 500 lost 1% after spending the first half of the day wobbling between small gains and losses. The tech-heavy Nasdaq gave back 2.5%...

Peloton Shares Dive 14.5% After Treadmills Recalled

Dow Jones rose 97 points to record high

(Newser) - Major US stock indexes closed with mixed results Wednesday as a pullback in utilities and real estate companies kept gains elsewhere in the market in check. The S&P 500 posted a gain of 0.1% to 4,167, after having been up 0.6% earlier in the day. The...

Tech Stocks Drag Broader Market Down
Tech Stocks Drop
for 6th Day in a Row
MARKETS

Tech Stocks Drop for 6th Day in a Row

Apple, Amazon saw some of the biggest falls

(Newser) - Stocks closed lower on Wall Street Tuesday, dragged down by big technology companies like Apple and Microsoft. The declines marked the sixth straight losing day for technology stocks, the AP reports. Investors continue to focus on corporate earnings and gauge the economic recovery’s progress. Earnings and most economic indicators...

Dow Jumps 237 Points as US Outlook Brightens
Dow Jumps 237 Points
as US Outlook Brightens
MARKETS

Dow Jumps 237 Points as US Outlook Brightens

Gap, Mohawk Industries among the biggest risers

(Newser) - Stocks closed solidly higher Monday as investors cheered a strong dose of positive earnings reports as well as economic data that showed the US economy is growing. Shares of clothing retailer Gap Inc. and flooring manufacturer Mohawk Industries both gained more than 7%. The Institute for Supply Management’s manufacturing...

Google Parent Company Up 3.8% as Profits Double

Indexes dipped after Fed left rate near zero

(Newser) - Major US stock indexes ended slightly lower on Wall Street Wednesday after the Federal Reserve left its key interest rate unchanged near zero, even as it noted recent improvement in the economy. Investors were also dealing with a wave of earnings reports from major U.S. companies and looking ahead...

UPS Jumps More Than 10% After Surge in Volume, Profits
Stock Jumps 11% After
UPS Delivers Good News
MARKETS

Stock Jumps 11% After UPS Delivers Good News

It was S&P 500's best performer Tuesday

(Newser) - Major US stock indexes ended a wobbly day mixed on Wall Street, keeping the S&P 500 near the record high it set a day earlier. The benchmark index ended down less than one point Tuesday and the Dow Jones Industrial Average closed basically unchanged. It’s a heavy week...

Indexes Hit Record Highs as Corporate Profits Soar
Corporate Profits Are
Way Up From a Year Ago
MARKETS

Corporate Profits Are Way Up From a Year Ago

S&P, Nasdaq hit new record highs

(Newser) - Modest gains for stocks nudged the S&P 500 and the Nasdaq to more record highs on Wall Street as investors braced for a deluge of earnings reports from big US companies. Of the 500 members of the S&P 500 index, 181 will report their results this week. Apple,...

It Was a Winning Day on Wall St., But Not for Netflix

Company fell 7.4% after disappointing news on subscriber growth

(Newser) - Stocks ended broadly higher on Wall Street after steadily gaining throughout the day. The S&P 500 index added 0.9% Wednesday following its first back-to-back loss since March. Technology companies and banks helped lead the way higher. Communications stocks were among the only losers, led by a 7.4%...

United Airlines Stock Tumbles 8.5%
United Airlines Stock
Tumbles 8.5%
MARKETS

United Airlines Stock Tumbles 8.5%

Tech stocks led broader market lower

(Newser) - Stocks closed lower on Wall Street, led by drops in technology companies and banks. The S&P 500 gave back 0.7%, pulling the index further below the record high it set on Friday. Small-company stocks, which have been beating the rest of the market in recent months, fell more...

Tesla Shares Drop 3.7% After Deadly Crash
Tesla Shares Drop
3.7% After Deadly Crash
MARKETS

Tesla Shares Drop 3.7% After Deadly Crash

Tech stocks led Wall Street pullback

(Newser) - Stocks closed broadly lower on Wall Street Monday, pulling major indexes below the record highs they reached last week. The S&P 500 fell 0.5% and the tech-heavy Nasdaq lost 1%. Small-company stocks did worse than the rest of the market. Technology stocks had some of the biggest pullbacks,...

Markets Feel Impact of Bad News on Vaccine
Markets Feel Impact of
Bad News on Vaccine
MARKETS

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
Stocks Close
Just Short of
Record Highs
MARKETS

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...

S&amp;P 500 Hits Second Record High in 3 Days
Big Tech Gains Push
S&P 500 to New Record
MARKETS

Big Tech Gains Push S&P 500 to New Record

It was the second record high in 3 days

(Newser) - Stocks closed mixed on Wall Street Wednesday, but gains for several Big Tech stocks, including Facebook and Twitter, nudged the S&P 500 to its second record high in three days. The benchmark index added 0.1% after a day of wobbling between gains and losses. The Dow Jones Industrial...

Stocks Pull Back From Record Highs
Stocks Pull Back
From Record Highs
MARKETS

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&amp;P 500 Set New Records After Jobs Report
Investors Buoyed by
Latest Jobs Report
MARKETS

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...

S&amp;P 500 Busts Through a New Threshold
Benchmark S&P Closes
With a Milestone '4'
MARKETS

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&amp;P 500 Clinches Fourth Straight Quarterly Gain
S&P 500 Caps Fourth
Consecutive Quarterly Gain
MARKETS

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,...

Stocks Fall Back as Treasury Yields Rise
Bond Yield Rise Is
'Spooking Investors'
MARKETS

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%....

Tech Stocks Take a Beating on Wall Street
GameStop Just Lost
a Third of Its Value
MARKETS

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...

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