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Stocks Rise as Markets Await Fed Chief's Remarks

Jerome Powell expected to give hints on rate cuts in Friday speech

(Newser) - Stocks closed higher on Monday, tacking on some more gains following Wall Street's best week of the year.
  • The S&P 500 rose 54.00 points to 5,608.25 for its eighth straight gain, coming within 1% of the all-time high it reached last month.
  • The Dow Jones
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Latest Inflation Data Sends Stocks Higher
Latest Inflation Data
Sends Stocks Higher
MARKETS
Aug 14, 2024 3:36 PM CDT

Latest Inflation Data Sends Stocks Higher

Dow rises above 40K again

(Newser) - Wall Street ticked higher Wednesday after the latest update on inflation came in almost exactly as economists expected.
  • The S&P 500 rose 20.78 points, or 0.4%, to 5,455.21.
  • The Dow Jones Industrial Average rose 242.75 points, or 0.6%, to 40,008.39.
  • The
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Wall Street Just Had One of Its Best Days of the Year

Starbucks jumps 24.5% after naming new CEO

(Newser) - US stocks rose to one of their best days of the year on Tuesday as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected.
  • The S&P 500 rose 90.04 points, or 1.7%, to 5,434.
...

Big Jump for Nvidia Offsets Wall Street's Losses

Traders are waiting for reports on inflation, consumer spending

(Newser) - Wall Street closed mixed on Monday after drifting through a quiet day of trading, as markets around the world stabilized following a wild week.
  • The S&P 500 rose 0.23 points, or less than 0.1%, to 5,344.39.
  • The Dow Jones Industrial Average fell 140.53 points,
...

Wall Street&#39;s Morning Rally Evaporates
Super Micro Computer,
Airbnb Drop Sharply
MARKETS
Aug 7, 2024 3:37 PM CDT

Super Micro Computer, Airbnb Drop Sharply

Indexes closed lower after morning rally fizzled

(Newser) - Wall Street slumped on Wednesday after a morning rally evaporated, but the losses weren't as bad as the manic moves that wracked markets worldwide over the last week.
  • The S&P 500 fell 40.53 points, or 0.8%, to 5,199.50.
  • The Dow Jones Industrial Average fell
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Wall Street Bounces Back From Monday's Sell-Off

Strong profit reports boosted the market

(Newser) - Stocks closed higher on Wall Street Tuesday as calm returned to the market a day after its biggest pullback in almost two years .
  • The S&P 500 rose 53.70 points, or 1%, to 5,240.03, breaking a brutal three-day losing streak.
  • The Dow Jones Industrial Average rose 294.
...

Dow Falls More Than 1K on Wall St.'s Worst Day Since 2022

Sell-off sparked by fears about US economy

(Newser) - Wall Street fell the most in nearly two years on Monday, continuing a global rout in financial markets, as fear worsens that the US economy is slowing down.
  • The S&P 500 fell 160.23 points, or 3%, to 5,186.33.
  • The Dow Jones Industrial Average fell 1,033.
...

S&amp;P 500 Jumps to Best Day in 5 Months
S&P 500 Jumps to
Best Day in 5 Months
MARKETS
Jul 31, 2024 4:12 PM CDT

S&P 500 Jumps to Best Day in 5 Months

Oil prices surge after assassination of Hamas leader

(Newser) - Big technology stocks drove a rally for US indexes Wednesday as Wall Street grew even more convinced long-sought cuts to interest rates will be arriving soon.
  • The S&P 500 jumped 85.86 points, or 1.6%, to 5,522.30 for its best day in five months.
  • The Dow
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More Weakness for Big Tech Drags Down S&amp;P 500
JetBlue Climbs 12.3%
After Surprising Analysts
MARKETS
Jul 30, 2024 3:31 PM CDT

JetBlue Climbs 12.3% After Surprising Analysts

Drops for Big Tech drag down S&P 500

(Newser) - More drops for Big Tech stocks kept US stock indexes in check on Tuesday.
  • The S&P 500 fell 27.10 points, or 0.5%, to 5,436.44, although most stocks within it rose.
  • The Dow Jones Industrial Average rose 203.40 points, or 0.5%, to 40,743.
...

McDonald&#39;s Rises 3.7% Despite Disappointing Earnings Report
This Is a Huge Week
for Earnings Reports
MARKETS
Jul 29, 2024 3:29 PM CDT

This Is a Huge Week for Earnings Reports

Markets will be closely watching results from tech giants

(Newser) - US stock indexes drifted to a mixed finish Monday to kick off a week full of earnings reports from Wall Street's most influential companies and a Federal Reserve meeting on interest rates.
  • The S&P 500 edged up by 4.44 points, or 0.1%, to 5,463.54,
...

Wall Street Just Had Its Worst Day Since 2022
Wall Street Just Had
Its Worst Day Since 2022
MARKETS
Jul 24, 2024 3:49 PM CDT

Wall Street Just Had Its Worst Day Since 2022

Investors were rattled by profit reports from Tesla, Alphabet

(Newser) - A wipeout on Wednesday sent US stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street's frenzy around artificial-intelligence technology.
  • The S&P 500 tumbled 128.61 points, or 2.3%, to 5,427.13 for its fifth drop
...

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
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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
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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
...

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
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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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Another Nvidia Drop Drags Indexes Down
Nvidia Was Heaviest
Weight on S&P 500
MARKETS
Jun 24, 2024 3:52 PM CDT

Nvidia Was Heaviest Weight on S&P 500

6.7% drop for company dragged index down, though most stocks rose

(Newser) - Another slide for Wall Street heavyweight Nvidia kept US indexes mixed on Monday, even as the majority of stocks rallied.
  • The S&P 500 slipped 16.75 points, or 0.3%, to 5,447.87
  • The Dow Jones Industrial Average rose 260.88 points, or 0.7%, to 39,411.
...

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