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Dow Drops 1,123 Points After Latest Fed Projection

'When the path is uncertain, you go a little slower," Powell says

(Newser) - US stocks sank to their second-worst loss of the year Wednesday after the Federal Reserve signaled that it may deliver fewer interest rate cuts in 2025 than earlier thought.
  • The S&P 500 fell 178.45 points, or 2.9%, to 5,872.16, pulling further from its all-time high
...

Dow Has 9th Drop in a Row for First Time Since 1978

Broadcom, Nvidia were heavy weights on S&P 500

(Newser) - US stock indexes closed lower on Tuesday and gave back some of their stellar gains for the year.
  • The S&P 500 fell 23.47 points, or 0.4%, to 6,050.61, though it's still near its all-time high set earlier this month.
  • The Dow Jones Industrial Average
...

Broadcom Jumps 11.2% as Nasdaq Sets Record
Nasdaq, Bitcoin
Hit Record Highs
MARKETS
Dec 16, 2024 3:36 PM CST

Nasdaq, Bitcoin Hit Record Highs

Broadcom jumps 11.2%

(Newser) - US stock indexes drifted mostly higher in mixed trading Monday ahead of a meeting by the Federal Reserve later this week that could set Wall Street's direction into next year.
  • The S&P 500 rose 22.99 points, or 0.4%, to 6,074.08.
  • The Dow Jones Industrial
...

Nasdaq Tops 20K for First Time
Stocks Climb After
Latest Inflation Update
MARKETS
Dec 11, 2024 3:38 PM CST

Stocks Climb After Latest Inflation Update

Nasdaq tops 20K for first time

(Newser) - Wall Street got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve.
  • The S&P 500 rose 49.28 points, or 0.8%, to 6,084.19 to break a two-day losing streak.
...

Stocks Slip Ahead of Big Inflation Report
Alaska Air Group
Jumps 13.2%
MARKETS
Dec 10, 2024 3:51 PM CST

Alaska Air Group Jumps 13.2%

6.7% drop for Oracle was biggest drag on market

(Newser) - US stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation.
  • The S&P 500 fell 17.94 points, or 0.3%, to 6,034.91 and marked its first back-to-back losses in three weeks.
  • The Dow Jones
...

Big Drop for Nvidia Weighs Down Markets
Big Drop for Nvidia
Weighs Down Markets
MARKETS
Dec 9, 2024 3:39 PM CST

Big Drop for Nvidia Weighs Down Markets

It falls 2.5% after China announces antitrust investigation

(Newser) - A slide for market superstar Nvidia helped pull US stock indexes down from their records on Monday,
  • The S&P 500 fell 37.42 points, or 0.6%, to 6,052.85, coming off its 57th all-time high of the year so far.
  • The Dow Jones Industrial Average fell 240.
...

AI, Tech Stocks Lift Wall Street to New Records
Campbell's Drops After
CEO Takes NFL Job
MARKETS
Dec 4, 2024 3:36 PM CST

Campbell's Drops After CEO Takes NFL Job

But tech stocks, AI lifted indexes to new records

(Newser) - US stock indexes reached more records after tech companies talked up how much artificial intelligence is boosting their results.
  • The S&P 500 rose 36.61 points, or 0.6%, to 6,086.49.
  • The Dow Jones Industrial Average rose 308.51 points, or 0.7%, to 45,014.04.
...

US Steel Drops 8% After Trump Says He'll Block Deal

S&P 500, Nasdaq reach new all-time highs

(Newser) - US stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what's already been a stellar year so far.
  • The S&P 500 rose 2.73 points, or less than 0.1%, to 6,049.88 .
  • The Dow Jones Industrial Average fell 76.
...

Rising Tech Stocks Lift S&P 500 to New Record
Super Micro Computer
Soars Almost 30%
MARKETS
Dec 2, 2024 3:32 PM CST

Super Micro Computer Soars Almost 30%

Company says investigation found no evidence of misconduct

(Newser) - Technology stocks pulled Wall Street to another record amid mixed trading on Monday.
  • The S&P 500 rose 14.77 points, or 0.2%, to 6,047.15 % after closing November at an all-time high.
  • The Dow Jones Industrial Average fell 128.65 points, or 0.3%, to 44,
...

Wall Street Closes Out a Strong November
Message From Musk
Boosts Hasbro Shares
MARKETS
Nov 29, 2024 12:30 PM CST

Message From Musk Boosts Hasbro Shares

Wall Street closes out a strong month

(Newser) - Stocks closed with solid gains Friday as Wall Street put the finishing touches on one of its best months of the year.
  • The S&P rose 0.7%.
  • The Dow Jones Industrial Average gained188 points, or 0.4%.
  • The Nasdaq added 0.8%.
Friday was an abbreviated trading day, with...

Tech Losses Pull Markets Back From Record Highs
Big Tech Losses
Pull Indexes Down
MARKETS
Nov 27, 2024 3:37 PM CST

Big Tech Losses Pull Indexes Down

Dell, HP slump after reporting disappointing results, forecasts

(Newser) - Losses for big technology stocks pulled major indexes lower on Wall Street on Wednesday.
  • The S&P 500 slipped 22.89 points, or 0.4%, to 5,998.74, falling back from the record high it hit a day earlier.
  • The Dow Jones Industrial Average, which also hit a record
...

S&P 500, Dow Hit New Records Despite Tariff Talk

General Motors drops 9%

(Newser) - US stock indexes closed at record highs Tuesday after President-elect Trump's latest talk about tariffs created only some ripples on Wall Street.
  • The S&P 500 rose 34.26 points, or 0.6%, to 6,021.63, another all-time high.
  • The Dow Jones Industrial Average rose 123.74 points,
...

Dow Jumps 440 Points to Record High
Dow Hits New Record High
MARKETS
Nov 25, 2024 3:51 PM CST

Dow Hits New Record High

Trump's Treasury pick may have eased worries about rising bond yields

(Newser) - Stocks closed higher on Wall Street Monday, sending the Dow Jones Industrial Average to another all-time high.
  • The Dow rose 440.06 points, or 1%, to 44,736.5, adding to the record it set on Friday.
  • The S&P 500 rose 18.03 points, or 0.3%, to 5,
...

Target Leads Markets Lower
It Was a Rough Day for
Target, Other Retailers
MARKETS
Nov 20, 2024 3:37 PM CST

It Was a Rough Day for Target, Other Retailers

But Williams-Sonoma was on the winning side

(Newser) - US stocks drifted to a mixed finish on Wednesday, though the modest moves for indexes masked some thrashing underneath the surface.
  • The S&P 500 ended barely changed after trading lower for much of the day. It rose 0.13 points, or less than 0.1%, to 5,917.11.
...

Big Gain for Nvidia Pulls Indexes Higher
Nvidia Stock Climbs
Ahead of Profit Report
MARKETS
Nov 19, 2024 4:00 PM CST

Nvidia Stock Climbs Ahead of Profit Report

It helped pull S&P 500, Nasdaq higher

(Newser) - Nvidia helped pull US stock indexes higher on Tuesday after they stumbled in the morning on worries about escalations in the Russia-Ukraine war.
  • The S&P 500 rose 23.36 points, or 0.4%, to 5,916.98 after erasing an early drop of 0.7%.
  • The Dow Jones Industrial
...

Liberty Energy Rises After Trump Picks CEO for Cabinet

Trading in Spirit Airlines was halted

(Newser) - Most US. stocks ticked higher Monday to recover some of their sharp slide from last week.
  • The S&P 500 rose 23.00 points, or 0.4%, to 5,893.62 for its first gain in three days.
  • The Dow Jones Industrial Average fell 55.39 points, or 0.1%,
...

Spirit Airlines Plunges 59.3%
Spirit Airlines Plunges 59.3%
MARKETS
Nov 13, 2024 3:30 PM CST

Spirit Airlines Plunges 59.3%

Inflation report is good news for those hoping for more rate cuts

(Newser) - US stocks drifted near their records Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
  • The S&P 500 rose 1.39 points, or less than 0.1%, to 5,985.38.
  • The Dow Jones
...

Stocks Drop as 'Trump Trade' Loses Steam
'Trump Trade'
Loses Momentum
MARKETS
Nov 12, 2024 3:27 PM CST

'Trump Trade' Loses Momentum

Tesla, Trump Media drop as stocks pull back from record highs

(Newser) - US stocks edged lower Tuesday as momentum came out of the torrid "Trump trade" that swept Wall Street following Donald Trump's presidential victory.
  • The S&P 500 fell 17.36 points, or 0.3%, to 5,983.99, coming off its latest record.
  • The Dow Jones Industrial Average
...

Tesla Jumps 9.1% as Markets Roll Higer
S&P 500 Closes
Above 6K for First Time
MARKETS
Nov 11, 2024 3:55 PM CST

S&P 500 Closes Above 6K for First Time

Tesla was the strongest force pushing it higher

(Newser) - Most US stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check on Monday.
  • The S&P 500 rose 5.81 points, or 0.1%, to 6,001.35, closing above 6,000 for the first time coming off last
...

Wall Street's Winners, Losers From Trump's Victory

Banks, Tesla, private-prison stocks surge as markets hit record highs

(Newser) - US stocks stormed to records Wednesday as investors bet on what Donald Trump's return to the White House will mean for the economy and the world.
  • The S&P 500 rose 146.28 points, or 2.5%, to 5,929.04 for its best day in nearly two years.
...

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