Dow Jones

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Technology, Banks Lead Rebound on Wall Street
Drug Makers Down,
Banks Up on Wall Street
MARKETS
Oct 26, 2017 3:44 PM CDT

Drug Makers Down, Banks Up on Wall Street

Technology also fared well Thursday

(Newser) - Stocks closed higher Thursday on Wall Street led by technology companies and banks, but drug makers and distributors tumbled, the AP reports. Aetna surged nearly 12% after the Wall Street Journal reported it's in talks to be acquired by drugstore chain CVS. McKesson fell 5.2% after a report...

Sharp Losses on Wall Street for Tech and Industrial Firms

Banks didn't fare too well either on Wednesday

(Newser) - Stocks closed sharply lower Wednesday on Wall Street as technology and industrial firms as well as banks took sharp losses amid weak quarterly earnings, the AP reports. Chipmaker Advanced Micro Devices sank 13.4% Wednesday and network equipment maker Juniper Networks fell 6.1% as their fourth-quarter forecasts disappointed investors....

Dow Closes Above 23K for First Time
Dow Closes
Above 23K
for First Time
MARKETS
Oct 18, 2017 3:17 PM CDT

Dow Closes Above 23K for First Time

Technology companies lead markets higher

(Newser) - Stocks are closing at record heights led by technology companies and banks amid a raft of quarterly earnings reports, the AP reports. The Dow Jones industrial average closed above 23,000 for the first time. IBM jumped 8.9% Wednesday after it reported stronger sales than investors expected. Drug and...

Dow Makes History
Dow Makes History
Oct 17, 2017 10:45 AM CDT

Dow Makes History

It reaches 23K for the first time

(Newser) - Expect some presidential tweets after this: The Dow reached 23,000 for the first time in its history Tuesday morning. President Trump has been boasting of late about the stock market's rise during his presidency, and MarketWatch reports that the most recent surge seems to be tied to Wall...

Despite Only Modest Gains, More Record Highs on Wall St.

Technology and health care stocks rose Wednesday

(Newser) - Stocks managed to post modest gains Wednesday on Wall Street, enough to set more record closing highs, the AP reports. Technology and health care stocks rose more than the rest of the market, while banks and phone companies fell. Johnson & Johnson rose 2.1% after the company asked regulators...

Banks Up, Apple Down as Stocks Hit More Record Highs

Banks benefited from higher bond yields

(Newser) - Stocks climbed to more record highs Tuesday on Wall Street, led by big gains in banks, the AP reports. Banks were benefiting from higher bond yields, which allow them to charge higher interest rates on loans. Bank of America gained 2.5% and Wells Fargo rose 1.8%. Chemicals company...

Equifax Breach, Hurricane Irma Weigh on US Stocks

Stocks were little changed Friday

(Newser) - Major US stock indexes wound up pretty much where they started Friday on Wall Street as losses in technology and energy companies outweighed gains in banks and insurers, the AP reports. Equifax plunged 13.7% in heavy trading Friday after the credit monitoring company disclosed a massive data breach. Insurers,...

Banks, Insurers Weigh on Stock Market
Banks, Insurers Weigh
on Stock Market
MARKETS
Sep 7, 2017 3:19 PM CDT

Banks, Insurers Weigh on Stock Market

Stocks closed mixed Thursday

(Newser) - Stocks are closing mixed Thursday as losses for banks and insurers are partly offset by gains in health care and technology companies, the AP reports. Banks fell along with bond yields, which tends to force interest rates on loans lower. Insurance companies fell as investors weighed the prospects of losses...

Energy Stocks Lead Gains on Wall Street
Energy Stocks Lead
Gains on Wall Street
MARKETS
Sep 6, 2017 3:18 PM CDT

Energy Stocks Lead Gains on Wall Street

Makes up for some of the losses Wednesday

(Newser) - Stocks closed higher Wednesday on Wall Street, recovering some of the market's hefty losses from the day before, the AP reports. Energy companies led the gainers Wednesday, climbing as the price of crude oil rose. Chevron climbed 2.2%. Gains by health care companies and several big retailers also...

Stocks Rise With Banks, Automakers
Weak Jobs Report
Helps Stocks Friday
MARKETS
Sep 1, 2017 3:31 PM CDT

Weak Jobs Report Helps Stocks Friday

Stocks rose with banks, automakers

(Newser) - US stocks finished higher for the sixth day in a row Friday as a relatively weak jobs report helped banks, car companies, retailers, and others, the AP reports. The Labor Department said employers added 156,000 jobs in August. Investors felt that will help make sure the Federal Reserve won'...

Stocks Have 2nd Worst Decline of 2017
Stocks Have 2nd
Worst Decline of 2017
MARKETS
Aug 17, 2017 3:20 PM CDT

Stocks Have 2nd Worst Decline of 2017

Standard & Poor's 500 has biggest drop since May

(Newser) - Stocks had their second-worst drop of the year, led by declines in technology companies, retailers, and banks, the AP reports. The slump Thursday brought the Standard & Poor's 500 index back to where it was on July 11. It was the biggest drop for the benchmark index since May....

One Stock Has Helped Dow&#39;s Rise More Than Any Other
One Stock Has Helped Dow's
Rise More Than Any Other
the rundown
Aug 2, 2017 3:13 PM CDT

One Stock Has Helped Dow's Rise More Than Any Other

It's Boeing, not Apple

(Newser) - The Dow eclipsed 22,000 for the first time in its 121-year history on Wednesday, helped to the mark soon after the opening bell by a strong earnings report from Apple. The index fell below the mark at points during the day but closed in milestone territory at 22,016,...

Dow's Latest Feat: Topping 22K, Thanks to Apple

After hitting 21K on March 1

(Newser) - The Dow Jones Industrial Average traded above 22,000 for the first time at the open on Wednesday, and MarketWatch gives some context: Should it close above that mark, it would be the third 1,000-point milestone in a year, the most the Dow has achieved in that span. (Though...

Banks, Tech Lead Stocks Slightly Higher
Dow Jones Closes at
Another All-Time High
MARKETS
Jul 13, 2017 3:20 PM CDT

Dow Jones Closes at Another All-Time High

Banks, tech lead stocks slightly higher overall

(Newser) - Banks and technology companies posted modest gains on Wall Street, leaving indexes slightly higher at the closing bell, the AP reports. The tiny gains Thursday were enough to mark another all-time closing high for the Dow Jones industrial average. Goldman Sachs and Apple contributed the most to the Dow's...

Dow Closes at All-Time High
Dow Closes at All-Time High
MARKETS
Jul 12, 2017 3:11 PM CDT

Dow Closes at All-Time High

Stocks close broadly higher on Wall Street

(Newser) - Stocks are closing broadly higher on Wall Street, led by solid gains in big technology companies, the AP reports. Facebook climbed 2.3% Wednesday, and Microsoft rose 1.7%. Airlines rose after United Continental and American Airlines reported solid results for June. United jumped 4.7% and American gained 4....

Stocks Drift Mostly Lower; Dow at High
Weak Retail Report
Sends Stocks Mostly Lower
MARKETS
Jun 14, 2017 3:32 PM CDT

Weak Retail Report Sends Stocks Mostly Lower

But the Dow hit another record high

(Newser) - Stocks closed mostly lower on Wall Street after a weak report on retail sales got investors worried about the economy, the AP reports. Small-company stocks fell more than the rest of the market Wednesday. High-dividend sectors like consumer goods makers and utilities gained as investors shifted money into lower-risk investments....

US Stocks End Week Down After Wednesday's Big Drop

Despite modest gains Friday

(Newser) - Industrial companies led US stocks broadly higher Friday, extending the market's modest gains from the day before, the AP reports. Investors were cheering solid earnings from several companies. Banks and materials stocks were also up sharply. Energy companies also moved higher as the price of crude oil rose. Deere...

Dow Ends Day Up 85
Dow Ends Day Up 85
May 15, 2017 3:16 PM CDT

Dow Ends Day Up 85

S&P 500, Nasdaq also close higher

(Newser) - Stocks are closing broadly higher on Wall Street, bringing more record high closes for major indexes, the AP reports. Materials companies, banks and oil and gas companies posted solid gains Monday. Halliburton rose 3.7%. Cybersecurity companies were also higher as companies began recovering from a global cyberattack that began...

Dow Ends Day Down 23
Dow Ends Day Down 23
May 12, 2017 3:16 PM CDT

Dow Ends Day Down 23

S&P 500 also closes lower, Nasdaq edges up

(Newser) - Stocks are ending mostly lower as declines in banks and industrial stocks outweigh gains in other sectors, the AP reports. General Electric dropped 2.1% Friday, while Wells Fargo lost 1.3%. Nordstrom became the latest department store operator to turn in disappointing results. The company's stock plunged 10....

Markets End Day Slightly Higher
Markets End Day Slightly Higher
May 8, 2017 3:11 PM CDT

Markets End Day Slightly Higher

Dow edges up 5 points

(Newser) - Stock indexes are finishing little changed on Wall Street as losses in materials and health care companies hold back gains in energy and other parts of the market, the AP reports. Fertilizer maker CF Industries gave up 2.3% Monday, and drugmaker Celgene lost 3.3%. Apple jumped 2.7%....

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