Dow Jones

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Stocks Rally After Fed Holds Rates Steady
Markets Welcome
Fed Chief's
Latest Remarks
MARKETS
Nov 1, 2023 3:29 PM CDT

Markets Welcome Fed Chief's Latest Remarks

Powell says other factors are slowing economy, suggesting rate hikes could be over

(Newser) - US stocks rallied after the Federal Reserve indicated it may not need to pump the brakes any harder on Wall Street and the economy.
  • The S&P 500 rose 44.06 points, or 1.1%, to 4,237.86.
  • The Dow Jones Industrial Average rose 221.71 points, or 0.
...

Wall Street Just Had Its 3rd Straight Losing Month

But most stocks rose Tuesday, softening the blow

(Newser) - Wall Street closed higher Tuesday to take a bit of the edge off another losing month, but the S&P 500 still finished October with its third straight monthly drop. It's the index's longest losing streak since the COVID-19 pandemic froze the global economy at the start of...

Dow Just Had Its Best Day Since June
Dow Just Had Its
Best Day Since June
MARKETS
Oct 30, 2023 3:52 PM CDT

Dow Just Had Its Best Day Since June

Stocks claw back losses at start of busy week

(Newser) - Wall Street clawed back some of its sharp recent losses Monday to start a week that could see more big swings in financial markets.
  • The S&P 500 finished 1.2% higher Monday rising 49.45 points to 4,166.82 in its first trading after dropping more than 10%
...

Wall Street Falls Back to Where It Was in May
Google's Parent
Company Plunges 9.5%
MARKETS
Oct 25, 2023 3:31 PM CDT

Google's Parent Company Plunges 9.5%

Wall Street is back to where it was in May

(Newser) - Wall Street sank back to where it was in May on Wednesday, pulled down by steep drops in several Big Tech companies. The S&P 500 dropped after rising bond yields tightened their chokehold on the stock market and some of the most influential companies turned in mixed profit reports....

Verizon, GE Report Strong Summer Profits
Verizon, GE Report
Strong Summer Profits
MARKETS
Oct 24, 2023 3:50 PM CDT

Verizon, GE Report Strong Summer Profits

S&P 500 snaps 5-day losing streak

(Newser) - Wall Street rose Tuesday after Verizon, General Electric and other big companies reported fatter profits for the summer than expected.
  • The S&P 500 rose 30.64 points, or 0.7%, to 4,247.68, breaking a five-day losing streak.
  • The Dow Jones Industrial Average was up 204.97 points,
...

Bond Yields Ease After Oil Prices Tumble
Chevron, Hess Drop After
Announcing Huge Deal
MARKETS
Oct 23, 2023 3:56 PM CDT

Chevron, Hess Drop After Announcing Huge Deal

Rebounding tech stocks help stem market losses

(Newser) - Wall Street wobbled to a mixed close Monday, continuing a monthslong run where it has obediently followed the cue of the bond market.
  • The S&P 500 slipped 7.12 points, or 0.2%, to 4,217.04, coming off its worst week in a month.
  • The Dow Jones Industrial
...

United Airlines Drops 9.7% After Warning of Hit to Profits

War worries drag down markets

(Newser) - Wall Street dropped after big US companies delivered a mixed set of profit reports and rising Treasury yields tightened the vise further on the stock market. Worries about war in the Middle East also dragged on the market Wednesday.
  • The S&P 500 fell 1.3%.
  • The Dow Jones Industrial
...

Markets Hold Steady After Report on Consumer Spending

Shoppers spent more than expected last month

(Newser) - Wall Street drifted to a mixed finish Tuesday following the latest signal that the US economy remains solid, though perhaps too strong for the Federal Reserve's liking.
  • The S&P 500 edged down by 0.43, which is well less than 0.1%, to 4,373.20 after flipping
...

Lululemon, Set to Join S&amp;P 500, Jumps 10.3%
Activision's S&P 500
Replacement Jumps 10.3%
MARKETS
Oct 16, 2023 3:39 PM CDT

Activision's S&P 500 Replacement Jumps 10.3%

Lululemon rises on a good day for major indexes

(Newser) - US stocks closed higher Monday as some of last week's moves driven by worries about war in the Middle East unwound.
  • The S&P 500 rose 45.85 points, or 1.1%, to 4,373.63.
  • The Dow Jones Industrial Average rose 314.25 points, or 0.9%, to
...

ExxonMobil Drops After Announcing Huge Merger
ExxonMobil Drops After
Announcing Huge Merger
MARKETS
Oct 11, 2023 3:42 PM CDT

ExxonMobil Drops After Announcing Huge Merger

Pioneer Natural Resources deal is company's biggest buyout since Mobil

(Newser) - Stocks edged higher in wobbly trading Wednesday as yields were mixed in the bond market, which has been Wall Street's main driver recently.
  • The S&P 500 rose 18.71 points, or 0.4%, to 4,376.95.
  • The Dow Jones Industrial Average rose 65.57 points, or 0.
...

Stocks Rise as Pressure From Bond Market Eases
PepsiCo Rises After
Profits Surprise Analysts
MARKETS
Oct 10, 2023 3:33 PM CDT

PepsiCo Rises After Profits Surprise Analysts

Defense stocks give back some of their gains

(Newser) - Stocks closed higher Tuesday as pressure relaxed on Wall Street from the bond market.
  • The S&P 500 rose 22.58 points, or 0.5%, to 4,358.24.
  • The Dow Jones Industrial Average rose 134.65 points, or 0.4%, to 33,739.30.
  • The Nasdaq composite rose 78.
...

Oil, Defense Stocks Climb
Oil, Defense Stocks Climb
MARKETS
Oct 9, 2023 4:00 PM CDT

Oil, Defense Stocks Climb

Fed officials suggest interest rates won't go up at next meeting

(Newser) - Oil prices climbed with worries about the possible spillover effects of violence in the Middle East. The stock market was less fearful, though, and flipped from modest morning losses following potentially encouraging news on interest rates, which have been dragging Wall Street mainly lower since the summer.
  • The S&P
...

After Thinking About Jobs News, Wall Street Climbs

Stocks fell after report's release, then headed up

(Newser) - Wall Street rallied in a whipsaw Friday and erased its morning losses after looking deeper into the nuances of a surprisingly strong report on the US job market . The S&P 500 climbed 1.2% after charging back from an earlier drop of 0.9%; the Dow Jones rose 288...

Oil Drops by $5 a Barrel, Easing Inflation Pressure

Markets close higher after reports suggest economy is cooling

(Newser) - Wall Street closed higher Wednesday as the bond market loosened its vise on the stock market.
  • The S&P 500 rose 34.30 points, or 0.8%, to 4,263.75, coming off a 1.4% tumble that sent it to its lowest level in four months.
  • The Dow Jones
...

Sharp Drop Wipes Out Dow&#39;s Gain for the Year
Surprisingly Strong
Jobs Report Shakes Markets
MARKETS
Oct 3, 2023 3:37 PM CDT

Surprisingly Strong Jobs Report Shakes Markets

Sharp drop wipes out Dow's gain for the year

(Newser) - Wall Street tumbled Tuesday as it focused on the downside of a surprisingly strong job market.
  • The S&P 500 fell 58.94 points, or 1.4%, to 4,229.45.
  • The Dow Jones Industrial Average fell 430.97 points, or 1.3%, to 33,002.38 and wiped out
...

Utilities, Energy Stocks Slump
Utilities Drop Sharply as
Treasury Yields Rise
MARKETS
Oct 2, 2023 3:46 PM CDT

Utilities Drop Sharply as Treasury Yields Rise

Energy stocks dropped, as did oil prices

(Newser) - Most stocks closed lower Monday as the constrictor of higher interest rates tightens its coils around Wall Street. The S&P 500 ended little changed, while the Dow Jones Industrial Average fell 74 points, and the Nasdaq composite rose 0.7%. Slumps for oil-and-gas stocks weighed on the market after...

Rising Oil Prices, Bond Yields Add to Pressure on Stocks
Surging Bond Yields
Add to Pressure on Stocks
MARKETS
Sep 27, 2023 3:46 PM CDT

Surging Bond Yields Add to Pressure on Stocks

Spurt in crude prices boosts energy stocks

(Newser) - Wall Street yo-yoed to a mixed finish Wednesday as rising oil prices and bond yields cranked up the pressure even higher on the stock market.
  • The S&P 500 rose 0.98 points, or less than 0.1%, to 4,274.51.
  • The Dow Jones Industrial Average fell 68.61
...

Amazon Drops 4% After Huge Antitrust Lawsuit Filed

Stocks drop to lowest level since June

(Newser) - Wall Street's ugly September got even worse Tuesday, as a sharp drop for stocks brought them back to where they were in June.
  • The S&P 500 tumbled 63.91 points, or 1.5%, to 4,273.53 for its fifth loss in the last six days.
  • The Dow
...

Oil-Related Stocks Rise as Markets Claw Back Losses

But Monday was a bad day for travel stocks

(Newser) - Wall Street clawed back some of its steep losses from last week, but September is still on track to be its worst month of the year despite Monday's gains.
  • The S&P 500 rose 17.38, or 0.4%, to 4,337.44, coming off its worst week in
...

Stocks Slump After Fed&#39;s Latest Projections
Stocks Drop as Fed's
Latest Projections Sink In
MARKETS
Sep 20, 2023 3:35 PM CDT

Stocks Drop as Fed's Latest Projections Sink In

Rates may only go down by half a point next year

(Newser) - US stocks slumped after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. The S&P 500 fell 41.75 points, or 0.9%, to 4,402.20. The Dow Jones Industrial...

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