Dow Jones

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After 100 Years, Last Original Dow Member Booted From Index

General Electric to be replaced by Walgreens

(Newser) - General Electric will be dropped from the Dow Jones industrial average next week, ending the industrial conglomerate's more than 100-year run in the 30-company blue chip index, the AP reports. S&P Dow Jones Indices said Tuesday that GE will be removed from index before the open of trading...

Dow Slips Back Despite Amazon's Gains

Index falls 11 points

(Newser) - Stocks are ending the week little changed Friday as disappointing results from Exxon Mobil weighed on energy companies and offset gains by Amazon and others. The Dow Jones industrial average slipped 11 points, or less than 0.1%, to 24,311, per the AP . The Nasdaq gained 1 point to...

After 619-Point Plunge, Dow Ends Day Down 424
After 619-Point Plunge,
Dow Ends Day Down 424
MARKETS

After 619-Point Plunge, Dow Ends Day Down 424

Treasury yield spooks investors

(Newser) - Stocks are closing sharply lower on Wall Street as big technology and industrial companies take heavy losses, the AP reports. Market favorites including Alphabet and Amazon dropped Tuesday, and heavy equipment maker Caterpillar sank 6.2% after warning of weaker profits. 3M, like several other manufacturers reporting their quarterly results,...

Dow Plunges 600 Points
Dow Sinks Fast Over
10-Year Benchmark
MARKETS

Dow Sinks Fast Over 10-Year Benchmark

Treasury yield spooks investors

(Newser) - The Dow Jones Industrial Average plunged about 600 points Tuesday afternoon, the AP reports. Business Insider reports the tumble took place after the closely watched 10-year Treasury yield went above 3% for the first time since 2014. Tech and industrial stocks saw particularly steep drops. The decline wiped out April'...

Trump Says It's No Trade War, but Dow Down 500 at Open

Sell-off sparked by China's retaliatory move

(Newser) - "We are not in a trade war with China," President Trump tweeted Wednesday morning, but that didn't calm investors. The Dow opened down 500 points, and is hovering about 350 points, or about 1.5%, down as of this writing. The sell-off was sparked by news that...

Dow Drops 500 on Fears of China Trade War

Market was down 500 at midday

(Newser) - US stocks were tumbling Monday after China raised import duties on American pork, apples, and other products. The Dow Jones industrial average was down more than 500 points at noon Eastern, or about 2%, per the Wall Street Journal . The Nasdaq slumped 190 points, or 2.7%, and the S&...

Stocks Swoon Again; Dow Sinks 400
Stocks Swoon Again;
Dow Sinks 400
MARKETS

Stocks Swoon Again; Dow Sinks 400

Traders worried about trade war between US, China

(Newser) - Stocks sank again Friday, giving Wall Street its worst week in two years, as fear gripped investors that China and the US were headed for a trade war, the AP reports. The Dow Jones industrial average plunged more than 400 points, bringing its weekly decline to 1,400. Technology companies...

Stocks End Sluggish Week With Small Gains
Stocks End Sluggish
Week With Small Gains
MARKETS

Stocks End Sluggish Week With Small Gains

Energy, industrial companies rose Friday

(Newser) - The stock market eked out a small gain Friday but still ended the week lower after several days of losses, the AP reports. Energy companies rose along with the price of crude oil. ConocoPhillips gained 1.7%. Banks and industrial companies also ended higher. PNC Financial rose 1.4% and...

Strong Hiring Sends Stocks, Yields Up
Strong Hiring Sends
Stocks, Yields Up
MARKETS

Strong Hiring Sends Stocks, Yields Up

Nasdaq hits another record high

(Newser) - Stocks and bond yields rose sharply Friday on Wall Street after the government reported a big increase in hiring last month, the AP reports. Investors were relieved to see that wage growth slowed. A jump in wages a month ago raised worries about inflation. Technology companies wiped out the last...

Late Rally Erases Early Stock Slide
Late Rally Erases
Early Stock Slide
MARKETS

Late Rally Erases Early Stock Slide

Investors remain focused on Trump's threat of tariffs

(Newser) - A late burst of buying Friday erased a sharp drop stocks suffered early in the day, the AP reports. Bond yields and the price of gold rose, both signs that investors expect inflation might tick up. Investors remain focused on President Trump's threat to impose tariffs on steel and...

Plans for Steel, Aluminum Tariffs Sink US Stocks

Trump announced tariffs Thursday

(Newser) - Stocks fell sharply Thursday as investors worried that President Trump's planned tariffs on steel and aluminum will lead to retaliation from other countries, the AP reports. Trump told industry executives he would impose the tariffs next week. The head of the European Commission said the region would respond in...

Stocks End Choppy Week Slightly Higher
Stocks End Choppy
Week Slightly Higher
MARKETS

Stocks End Choppy Week Slightly Higher

Tech, banks led gains Friday

(Newser) - Stocks are ending the week slightly higher after a two-day rally wiped out losses from earlier in the week, the AP reports. The gains Friday were led by technology and banks. Hewlett Packard Enterprise soared 10.5% and former corporate sibling HP rose 3.5% after both reported solid results....

Stocks End Mostly Higher on Wall Street
Stocks End Mostly
Higher on Wall Street
MARKETS

Stocks End Mostly Higher on Wall Street

Industrial stocks led the way

(Newser) - Stocks closed mostly higher Thursday on Wall Street after much of a midday rally faded away by the closing bell, the AP reports. Industrial stocks contributed the most to the market's gains. United Technologies rose 3.3% a day after its CEO said the company may split up. Energy...

Stocks Rise for 6th Straight Day
Stocks Rise for
6th Straight Day
MARKETS

Stocks Rise for 6th Straight Day

More than half the losses from earlier this month have been wiped out

(Newser) - Stocks ended an up-and-down day mostly higher Friday, capping a week of strong gains that wiped out more than half of the losses suffered in a series of wild swings in early February, the AP reports. The Standard & Poor's 500 index rose for the sixth day in a...

Tech Leads Stocks to 5th Straight Gain
Tech Leads Stocks
to 5th Straight Gain
MARKETS

Tech Leads Stocks to 5th Straight Gain

No thanks to energy companies

(Newser) - A surge in marquee technology companies pushed stocks higher again Thursday on Wall Street, giving the market its fifth gain in a row, the AP reports. The Dow Jones industrial average rose more than 300 points. Big increases from Apple, Microsoft, and Cisco drove the tech sector higher, helping to...

Market Shakes Inflation Worries, Ends Up
Market Shakes Inflation
Worries, Ends Up
MARKETS

Market Shakes Inflation Worries, Ends Up

Banks had a good day

(Newser) - Stocks rose for the fourth day in a row Wednesday on Wall Street after shaking off an early stumble following another sign that inflation was picking up slightly, the AP reports. The market started slightly lower but turned higher within the first hour of trading and kept going. The Dow...

Stocks Swing Back to Gains, Dow up 330
Stocks Swing Back to
Gains, Dow up 330
MARKETS

Stocks Swing Back to Gains, Dow up 330

But Dow and S&P 500 both end week down over 5% overall

(Newser) - Stocks staged a late rally Friday, ending a wild week marked by dramatic point swings on a positive note, the AP reports. The Dow Jones industrial average gained 330 points, or 1.4%, to 24,190. Earlier in the day it had dropped by 500. The S&P 500 gained...

Dow Plunges 1K Points as Market Swoons Again
Dow Sees 2nd-Worst
Point Decline in Its History
The Rundown

Dow Sees 2nd-Worst Point Decline in Its History

But some experts say not to worry

(Newser) - The Dow Jones industrial average plunged more than 1,000 points on Thursday as a weeklong market swoon continued, the AP reports. Worries about inflation set the market rout in motion last Friday, and many market watchers have been predicting a pullback after the market's relentless march higher...

Stocks Sink Again Thursday, With Dow Down 600 Points

It's on track for its fifth loss in the last 6 days

(Newser) - Stocks are sinking again Thursday, extending a streak of losses that has yanked the market away from record highs. The Dow Jones industrial average lost 633 points, or 2.5%, as of 1pm ET to 24,267. It's on track for its fifth loss in the last six days....

Stocks End Lower After Wobbly Day
Stocks End Lower
After Wobbly Day
MARKETS

Stocks End Lower After Wobbly Day

Tech companies hit by some of the biggest losses

(Newser) - Stocks are ending a wobbly Wednesday lower, but with far less volatility than the market has seen over the previous three days, the AP reports. Technology companies posted some of the biggest losses. Apple gave up 2.1% and Facebook lost 2.8%. Energy companies also fell. Exxon Mobil gave...

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