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Worries About Virus Surge Drag Markets Down Again

Dow was down 344 points despite good news on vaccine

(Newser) - An afternoon slump left stock indexes broadly lower on Wall Street, erasing early gains, as traders worried anew about the rapid spread of the coronavirus in the US. The S&P 500 lost 1.2%. It was up 0.3% in morning trading and small-company stocks were headed for another...

Dow Closes at Record High
Dow Closes at Record High
MARKETS

Dow Closes at Record High

It jumped 470 points after Moderna vaccine news

(Newser) - The Dow Jones Industrial Average closed at a record high Monday, erasing the last of its pandemic losses, after a second drug company announced encouraging progress on developing a coronavirus vaccine. The Dow jumped 470.63 points, or 1.6%, to 29,950.44. It surpassed its prior closing record...

Wall St. Rally Loses Steam
Wall St. Rally Loses Steam
MARKETS

Wall St. Rally Loses Steam

But tech stocks clawed back some losses

(Newser) - An early rally on Wall Street lost steam by the closing bell Wednesday, leaving major indexes mixed. The S&P 500 rose 0.8%, thanks largely to gains in big technology companies. The Nasdaq rose 2% to 11,786.43, and the Dow Jones industrials edged down 0.1%, or...

Vaccine Hopes Rearrange Market's Winners, Losers

S&P dipped 0.1%; Dow rose 263 points

(Newser) - Stocks downshifted on Tuesday, a day after their powerful worldwide rally, but optimism remained high that the global economy may still be headed for a return to normal. It was the second straight day that rising hopes for a COVID-19 vaccine pushed investors to reorder which stocks they see winning...

Markets Rally Despite Election Limbo
Wall St. Had 'Very Quick'
Reaction to Election
MARKETS

Wall St. Had 'Very Quick' Reaction to Election

Stocks rallied despite unclear results

(Newser) - Stocks rallied on Wall Street Wednesday, sending the S&P 500 index up 2.2%, as investors embraced the upside of more gridlock in Washington. Technology stocks, which have proved impervious to the damage inflicted on other industries by the coronavirus pandemic, led the way higher, the AP reports. The...

Dow Up 555 Points as Clarity Approaches
Dow Up 555 Points
as Clarity Approaches
MARKETS

Dow Up 555 Points as Clarity Approaches

'The markets are neither red nor blue'

(Newser) - Wall Street posted solid gains on Election Day, with sharp rises in morning trading , sending the S&P 500 up 1.8%. More than anything, what investors hope for is a clear winner to emerge relatively soon from the election, the AP reports. Whether that’s President Trump or Joe...

Stocks Rally Ahead of Turbulent Week
Stocks Rally as Election Looms
MARKETS

Stocks Rally as Election Looms

Dow was up more than 400 points

(Newser) - Stocks notched broad gains on Wall Street Monday as investors looked ahead to Election Day and the potential for a turbulent stretch for markets. The S&P 500 climbed 1.2%, recouping some of its losses from a sharp sell-off last week, as more companies reported stronger profits for the...

Dow Just Had Its Worst Day Since June
Dow Just Had Its
Worst Day Since June
MARKETS

Dow Just Had Its Worst Day Since June

Markets plunge worldwide amid pandemic fears

(Newser) - The Dow Jones Industrial Average dropped 943 points Wednesday as surging coronvirus cases in the US and Europe threaten more business shutdowns and pain for the economy. The S&P 500 dropped 3.5%, its third straight loss. The index has now given up 5.6% so far this week...

Wall Street&#39;s Losses Mount for a Second Day
Wall Street's Losses
Mount for a Second Day
MARKETS

Wall Street's Losses Mount for a Second Day

Dow dropped 222 points

(Newser) - Wall Street's losses mounted for the second straight day Tuesday as momentum slowed on worries about rising virus counts and Washington's inability to deliver more aid to the economy. The S&P 500 fell 0.3% after spending much of the day swinging between small gains and losses....

Dow Drops 650 Points as Virus Cases Surge
Stocks Drop Sharply
Amid 'Perfect Storm'
MARKETS

Stocks Drop Sharply Amid 'Perfect Storm'

Dow drops 650 points as virus cases surge

(Newser) - Stocks fell sharply Monday, deepening last week's losses, as a troubling increase in coronavirus counts put investors in a selling mood. The skid came as doubts mount on Wall Street that Washington will come through with more stimulus for the economy before Election Day, the AP reports. The S&...

Earnings Reports Provide a Lift
Earnings Reports
Provide a Lift
MARKETS

Earnings Reports Provide a Lift

Market welcomes Pelosi's confidence on stimulus bill

(Newser) - Stocks shook off a wobbly start Thursday and ended higher on Wall Street. The S&P 500 climbed 0.5%. Several earnings reports from big US companies came in better than analysts had expected, the AP reports, which helped put investors in a buying mood. Also, House Speaker Nancy Pelosi...

With Fate of Aid Deal Unclear, Stocks Slip Downward
Netflix Stock Drops After
Weak Profit Report
MARKETS

Netflix Stock Drops After Weak Profit Report

It was a much better day for social media firms

(Newser) - Stocks closed lower on Wall Street Wednesday as negotiations continued to drag on in Washington over delivering more aid for the economy. The S&P 500 lost 0.2% Wednesday after spending much of the day wobbling between gains and losses. House Speaker Nancy Pelosi said she’s made progress...

Stocks Close Higher After Strong Company Reports
Solid Earning Reports
Give Markets a Boost
MARKETS

Solid Earning Reports Give Markets a Boost

Netflix, however, had disappointing news

(Newser) - Stocks closed broadly higher Tuesday as Wall Street welcomed a batch of solid earnings reports from US companies. The S&P 500 gained 0.5%, recouping some of its loss from a day earlier. Technology, communication, and financial stocks powered most of the gains, while household goods makers fell, the...

With No Stimulus Likely, Dow Drops 410 Points
With No Stimulus Likely,
Dow Drops 410 Points
MARKETS

With No Stimulus Likely, Dow Drops 410 Points

S&P 500 had its worst day in weeks

(Newser) - Stocks gave up some of their recent gains Monday as Wall Street's hopes that Washington will come through with badly needed aid for the economy before Election Day faded. The S&P 500 dropped 1.6%, its worst day in more than three weeks. The benchmark index had been...

Stocks Drop as Stimulus Hopes Fade
Markets 'Listless' as
Stimulus Hopes Fade
MARKETS

Markets 'Listless' as Stimulus Hopes Fade

'The time for being able to pull this off is now coming to a close'

(Newser) - Stocks gave up early gains and closed lower Wednesday, adding to Wall Street's losses from a day earlier. The S&P 500 fell 0.7% after spending the morning swaying between small gains and losses. Companies that rely on consumer spending, banks, and technology and communication stocks bore the...

Wall Street&#39;s 4-Day Winning Streak Is Over
Dow Slumps 157 Points
Amid Vaccine Worries
MARKETS

Dow Slumps 157 Points Amid Vaccine Worries

Wall Street's 4-day rally is over

(Newser) - Banks and technology companies led a broad slide for stocks on Wall Street Tuesday, snapping the market's four-day winning streak. The S&P 500 lost 0.6%, giving back some of its gains from a day earlier. The pullback in stocks comes as many forces are pushing and pulling...

Big Tech Gains Send Wall St. Higher
Big Tech Gains
Send Wall St. Higher
MARKETS

Big Tech Gains Send Wall St. Higher

Markets shrug off lack of stimulus progress

(Newser) - Solid gains for technology stocks pushed Wall Street higher Monday, tacking more gains onto last week’s rally. Big Tech companies including Apple and Amazon, whose businesses have been thriving despite the pandemic, led the way higher. Companies that depend more on broad growth in the economy didn’t rise...

Dow Just Had Its Best Day Since July
Dow Jumps 530 Points
After Trump U-Turn
MARKETS

Dow Jumps 530 Points After Trump U-Turn

Markets are 'addicted to stimulus,' analyst says

(Newser) - Stocks marched higher on Wall Street Wednesday after President Trump appeared to backtrack on his decision to halt talks on another rescue effort for the economy. The S&P 500 climbed 1.7% higher in trading after Trump sent a series of tweets late Tuesday saying he’s open to...

Dow Dives 375 Points After Trump Calls Off Relief Talks

'This really goes to the health of the recovery'

(Newser) - Stocks turned sharply lower on Wall Street Tuesday afternoon after President Donald Trump ordered a stop to negotiations with Democrats on a coronavirus economic stimulus bill until after the election. The S&P 500 index slid 1.4% after having been up 0.7% prior to the president’s announcement,...

Stocks Jump as Trump Prepares to Leave Hospital

Dow up 465 points amid stimulus hopes

(Newser) - Stocks closed broadly higher Monday as hopes for economic aid from Washington helped Wall Street recover its losses from its initial, fearful reaction after learning that President Trump tested positive for the coronavirus. The S&P 500 climbed 1.8%, and the gains were widespread, the AP reports. Energy and...

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