stock market

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Dow Reaches 40K for the First Time
Dow Reaches 40K
for the First Time
May 16, 2024 9:43 AM CDT

Dow Reaches 40K for the First Time

Index crosses another milestone

(Newser) - The Dow is now in uncharted territory. The stock market index reached 40,000 for the first time ever in trading on Thursday, reports CNBC and the Wall Street Journal . Markets have been rising this week thanks to a report suggesting that inflation was slowing down. The benchmark S&P...

Dow, S&P 500 Jump to All-Time Highs
Dow, S&P 500 Jump
to All-Time Highs
MARKETS
May 15, 2024 3:39 PM CDT

Dow, S&P 500 Jump to All-Time Highs

Inflation slowdown boosts hopes for rate cut

(Newser) - US stocks rallied to new records Wednesday on hopes that inflation is heading back in the right direction.
  • The S&P 500 jumped 61.47 points, or 1.2%, to 5,308.15, topping its prior all-time high set in March.
  • The Dow Jones rose 349.89 points, or 0.
...

Meme Stocks Surge for a Second Day
Meme Stocks Surge
for a Second Day
MARKETS
May 14, 2024 3:39 PM CDT

Meme Stocks Surge for a Second Day

Nasdaq hits all-time high

(Newser) - Stocks ended higher on Wall Street Tuesday, sending the Nasdaq composite to another record.
  • The S&P 500 rose 25.26 points, or 0.5%, to 5,246.68. , and is sitting just shy of its own all-time high.
  • The Dow Jones Industrial Average rose 126.60 points, or 0.
...

Wall Street Hovers Near Record Highs
GameStop Leaps 74.4%
MARKETS
May 13, 2024 3:34 PM CDT

GameStop Leaps 74.4%

Biopharma firm Incyte was another winner

(Newser) - US stocks drifted to a mixed close near their record heights Monday.
  • The S&P 500 fell 1.26 points, or less than 0.1%, to 5,221.42, less than 1% below its record set at the end of March.
  • The Dow Jones Industrial Average fell 81.33 points,
...

Man at Center of Stock Craze Resurfaces

'Meme stocks' including GameStop surged after Roaring Kitty appeared online

(Newser) - The man at the center of the pandemic meme stock craze appeared online for the first time in three years, sending the prices of those quirky and volatile stocks sharply higher Monday. Keith Gill, better known as "Roaring Kitty," posted an image Sunday of a man sitting forward...

Stock Market Wraps an Up Week
Stock Market Wraps an Up Week
markets
May 10, 2024 3:30 PM CDT

Stock Market Wraps an Up Week

Novavax shares soar after announcement

(Newser) - US stocks coasted to the close of another winning week on Friday, per the AP .
  • The Dow gained 125.08 points, or 0.3%, to 39,512.84.
  • The S&P rose 8.60 points, or 0.2%, to 5,222.68 for its third straight winning week after its
...

Dow's Winning Streak Hits 7 Straight Days
Dow's Winning Streak
Hits 7 Straight Days
MARKETS
May 9, 2024 3:19 PM CDT

Dow's Winning Streak Hits 7 Straight Days

S&P 500 also gains, is closing in on all-time record

(Newser) - Stocks had a strong day on Thursday—strong enough to pull the benchmark S&P 500 back within 1% of its record following a rough April, per the AP .
  • The S&P rose 26 points, or 0.5%, to 5,214.
  • The Dow rose 331 points, or 0.8%, to
...

Uber Slumps, Lyft Revs Higher
Shopify Drops 18.5%
MARKETS
May 8, 2024 3:42 PM CDT

Shopify Drops 18.5%

Uber also slumped while Lyft revved higher

(Newser) - Wall Street's lull stretched into a second day as US stocks drifted to a mixed close in a quiet Wednesday.
  • The S&P 500 finished virtually unchanged after flipping between modest gains and losses through the day. It edged down by 0.03 points to 5,187.67.
  • The
...

Disney Drops 9.5% Despite Strong Results
Disney Drops 9.5%
Despite Strong Results
MARKETS
May 7, 2024 3:41 PM CDT

Disney Drops 9.5% Despite Strong Results

Company's revenue fell shy of forecasts

(Newser) - US stocks held relatively steady Tuesday as trading on Wall Street calmed following some sharp recent swings.
  • The S&P 500 rose 6.96 points, or 0.1%, to 5,187.70, its fourth straight gain.
  • The Dow Jones Industrial Average rose 31.99 points, or 0.1%, to 38,
...

Wall Street Adds to Last Week's Gains
Freshpet Jumps
More Than 10%
MARKETS
May 6, 2024 3:37 PM CDT

Freshpet Jumps More Than 10%

Spirit Airlines slides 9.7%

(Newser) - US stocks closed higher Monday on Wall Street, adding to last week's gains.
  • The S&P 500 rose 52.95 points, or 1%, to 5,180.74.
  • The Dow Jones Industrial Average rose 176.59 points, or 0.5%, to 38,852.27.
  • The Nasdaq composite rose 192.92
...

Stocks Climb After Jobs Report
Stocks Climb After Jobs Report
markets
May 3, 2024 3:55 PM CDT

Stocks Climb After Jobs Report

Rally wipes out the week's losses

(Newser) - Wall Street capped a choppy week of trading Friday with the best day for the stock market in over two months, as traders welcomed cooler-than-expected US employment data as a sign that inflationary pressures on the economy are easing.
  • The Dow rose 450.02 points, or 1.2%, to 38,
...

Stocks Have a Rebound Day
Stocks Have
a Rebound Day
MARKETS
May 2, 2024 3:20 PM CDT

Stocks Have a Rebound Day

Dow rises more than 300

(Newser) - Stocks rose broadly on Thursday to trim their losses for the week:
  • The Dow climbed 322 points, or 0.8%, to 38,225.
  • The S&P 500 rose 45 points, or 0.9%, to 5,064.
  • The Nasdaq rose 235 points, or 1.5%, to 15,840.

Stocks Finish Mixed After Fed Chief's Remarks
CVS, Starbucks Drop Sharply
MARKETS
May 1, 2024 3:41 PM CDT

CVS, Starbucks Drop Sharply

Indexes finished mixed after Fed chief's remarks

(Newser) - US stocks finished mixed Wednesday after the head of the Federal Reserve said the cuts to interest rates that Wall Street craves so much are still likely, even if they're delayed because of stubbornly high inflation.
  • The S&P 500 fell 17.30 points, or 0.3%, to 5,
...

Wall Street Closes Out Worst Month Since September

Ugly April ends with more losses

(Newser) - US stocks closed out their ugly April with even more losses on Tuesday, cementing the market's worst month since September.
  • The S&P 500 S&P 500 fell 80.48 points, or 1.6%, to 5,035.69, pulling it further from its record set at the end of
...

Tesla Stock Jumps 15.3% After Musk's China Trip
Tesla Jumps 15.3%
MARKETS
Apr 29, 2024 3:38 PM CDT

Tesla Jumps 15.3%

Insiders say China has granted approval for launch of company's 'Full Self-Driving' tech

(Newser) - Stocks edged higher Monday as Wall Street readies for a week packed with potentially market-moving news.
  • The S&P 500 rose 16.21 points, or 0.3%, to 5,116.17.
  • The Dow Jones Industrial Average climbed 146.43 points, or 0.4%, to 38,386.09.
  • The Nasdaq composite
...

Microsoft, Alphabet Lift Stocks to Best Week Since November

Profit reports encourage traders

(Newser) - The best week for US stocks since November closed out with more gains thanks to Alphabet and Microsoft on Friday, per the AP :
  • The Dow Jones Industrial Average rose 153.86 points, or 0.4%, to 38,239.66, closing its first winning week in the past four.
  • The S&
...

Dow Has a Rough Day Thanks to GDP, Meta
Dow Has a Rough Day
Thanks to GDP, Meta
MARKETS
Apr 25, 2024 3:12 PM CDT

Dow Has a Rough Day Thanks to GDP, Meta

Index drops 375 points

(Newser) - US stocks fell sharply Thursday on worries about a toxic cocktail for financial markets, one where inflation remains stubbornly high but the economy's growth flags, per the AP . A drop for Facebook parent Meta Platforms, one of Wall Street's most influential stocks, also dragged the market lower.
  • The
...

Tesla Surges 12.1% Despite Drop in Profits
Tesla Stock Surges
Despite Drop in Profits
MARKETS
Apr 24, 2024 3:48 PM CDT

Tesla Stock Surges Despite Drop in Profits

Other winners included Hasbro, Boston Scientific

(Newser) - US stocks drifted to a mixed finish on Wednesday.
  • The S&P 500 rose 1.08 points, or less than 0.1%, to 5,071.63.
  • The Dow Jones Industrial Average fell 42.77 points, or 0.1%, to 38,460.92.
  • The Nasdaq composite rose 16.11 points, or
...

Stocks Rally as Earnings Reports Flood In
Stocks Rally as
Earnings Reports Flood In
MARKETS
Apr 23, 2024 3:36 PM CDT

Stocks Rally as Earnings Reports Flood In

GE Aerospace was among the winners

(Newser) - Stocks rallied for a second straight day on Wall Street Tuesday, softening what's been a rough April.
  • The S&P 500 rose 59.95 points, or 1.2%, to 5,070.55 to pull further out of the hole created by a six-day losing streak.
  • The Dow Jones Industrial
...

Stocks Claw Back Some of Last Week's Losses
Stocks Claw Back Some
of Last Week's Losses
MARKETS
Apr 22, 2024 3:42 PM CDT

Stocks Claw Back Some of Last Week's Losses

There's a big week of earnings reports ahead

(Newser) - On Monday, US stocks clawed back some of their losses from last week.
  • The S&P 500 rose 43.37 points, or 0.9%, to 5,010.60, to recover more than a quarter of last week's rout.
  • The Dow Jones Industrial Average rose 253.58 points, or 0.
...

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