Dow Jones

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Roku Rises After Announcing Job Cuts
Roku Rises After
Announcing Job Cuts
MARKETS
Sep 6, 2023 3:50 PM CDT

Roku Rises After Announcing Job Cuts

But major indexes dropped for a 2nd day

(Newser) - Stocks fell on Wall Street, continuing a weak stretch on this holiday-shortened week. The S&P 500 fell 31.35 points, or 0.7%, to 4,465.48. The Dow Jones Industrial Average fell 198.78 points, or 0.6%, to 34,443.19. The Nasdaq composite fell 148.48...

Oil Prices Rise After Russia, Saudis Extend Production Cut

Indexes closed lower after 2 weeks of gains

(Newser) - Stocks closed lower on Wall Street Tuesday as traders returned from a long holiday weekend. The S&P 500 fell 18.94 points, or 0.4%, to 4,496.83. The index is coming off its second weekly gain. The Dow Jones Industrial Average fell 195.74 points, or 0....

Stocks Rise Amid Signs Hiring Is Cooling
'Right Now,
What's Bad
Is Good'
MARKETS
Aug 30, 2023 3:35 PM CDT

'Right Now, What's Bad Is Good'

Stocks edge upward amid signs hiring is cooling

(Newser) - Stocks closed modestly higher on Wall Street, chipping away at the market's losses for August. Treasury yields fell Wednesday after some weaker-than expected readings on the US economy and job market. The S&P 500 rose 17.24 points, or 0.4%, to 4,514.87 for its fourth...

Stocks Rise After Reports Suggest Economy Is Cooling
Wall Street Welcomes
Signs Economy Is Cooling
MARKETS
Aug 29, 2023 3:34 PM CDT

Wall Street Welcomes Signs Economy Is Cooling

S&P 500 just had its best day since early June

(Newser) - Stocks closed higher on Wall Street Tuesday as two economic reports suggested the economy is cooling enough for the Federal Reserve to pause hiking interest rates. The S&P 500 rose 64.32 points, or 1.5%, to 4,497.63, its biggest gain since early June. The Dow Jones...

Wall Street Just Had Its Best Day Since June
Wall Street Just Had
Its Best Day Since June
MARKETS
Aug 23, 2023 3:54 PM CDT

Wall Street Just Had Its Best Day Since June

Pressure from bond market eases after report suggests economy is cooling

(Newser) - Wall Street rallied to its best day since June on Wednesday after pressure that's built up on stocks from the bond market relaxed a bit. The S&P 500 climbed 1.1% to trim its loss for what's been a dismal August so far. The Dow Jones Industrial...

Stocks Slide Ahead of Market-Moving Events
Stocks Slide Ahead of
Market-Moving Events
MARKETS
Aug 22, 2023 3:55 PM CDT

Stocks Slide Ahead of Market-Moving Events

Traders are braced for Nvidia earnings, Powell speech

(Newser) - Wall Street ticked lower Tuesday ahead of two potentially market-shaking events later in the week. The S&P 500 slipped 12.22, or 0.3%, to 4,387.55 to give back some of its rare August gain from a day before, which was powered by Big Tech stocks. The...

Nvidia Jumps 8.5% Ahead of Profit Report
Big Tech Stocks Rebound
MARKETS
Aug 21, 2023 3:50 PM CDT

Big Tech Stocks Rebound

Nvidia jumps 8.5% ahead of profit report

(Newser) - Wall Street closed mixed on Monday, holding a bit firmer following its three-week losing streak. The S&P 500 rose 0.7% as gains for Tesla, Microsoft, and other Big Tech stocks lifted the index. That's even though the majority of stocks fell. The S&P 500 rose 30....

Stocks Tumble After Release of Fed Meeting Minutes

Minutes suggest Fed officials are unsure about their next move

(Newser) - Wall Street weakened Wednesday to worsen what's already been a messy August. The S&P 500 fell 33.53, or 0.8%, to 4,404.33, following up on its prior day's tumble of 1.2%. The Dow Jones Industrial Average lost 180.65 points, or 0.5%,...

Worries About China Weigh Down Markets
Dow Drops 361 Points
Amid Worries About China
MARKETS
Aug 15, 2023 3:59 PM CDT

Dow Drops 361 Points Amid Worries About China

But report on US retail sales was encouraging

(Newser) - A sharp drop for Wall Street capped a day of declines worldwide after discouraging data on China raised worries about the global economy. The S&P 500 fell 1.86 points, or 1.2%, to 4,437.86 Tuesday after reports indicated a deepening slump for the world's second-largest...

US Steel Jumps 38.9% After Buyout Offer Rejected
US Steel Jumps Almost 40%
MARKETS
Aug 14, 2023 3:41 PM CDT

US Steel Jumps Almost 40%

Indexes edge higher ahead of report on retail sales

(Newser) - Stock indexes ticked higher on Wall Street ahead of a week of reports showing how strong US shoppers remain, amid hopes their spending can keep the economy out of a recession. The S&P 500 added 25.67, or 0.6%, to 4,489.72, though slightly more stocks fell...

Nvidia Drops Almost 5% Ahead of Inflation Report

It was also a bad day for Lyft, WeWork, Tesla

(Newser) - Stocks slipped Wednesday, as Wall Street braced for a highly anticipated report on inflation. The S&P 500 fell 31.67 points, or 0.7%, to 4,467.71 Wednesday and has now dropped six of the last seven days. The Dow Jones Industrial Average fell 191.13 points, or...

Worries About Banks Drag Markets Down
Worries About Banks,
World Economy Hit Markets
MARKETS
Aug 8, 2023 3:59 PM CDT

Worries About Banks, World Economy Hit Markets

Moody's cuts credit ratings for 10 small to midsized American banks

(Newser) - Wall Street slipped Tuesday as worries about the banking system and the global economy forced more caution into financial markets worldwide. The S&P 500 fell 19.06, or 0.4%, to 4,499.38 and at one point was down nearly triple that. It was the fifth loss in...

Markets Regain Momentum After Last Week&#39;s Lull
Markets Bounce Back
After Last Week's Lull
MARKETS
Aug 7, 2023 3:58 PM CDT

Markets Bounce Back After Last Week's Lull

Dow jumps 407 points

(Newser) - Stocks climbed Monday as Wall Street's big rally for the year kicked back into gear following a brief hiccup. The S&P 500 rose 40.41, or 0.9%, to 4,518.44 and recovered more than a third of its loss from last week. That was its first...

Wall Street Just Had Its Worst Day in Months
Wall Street Just Had
Its Worst Day in Months
MARKETS
Aug 2, 2023 3:43 PM CDT

Wall Street Just Had Its Worst Day in Months

Dow drops 348 points as rally runs out of steam

(Newser) - Wall Street tumbled to its worst day in months as its torrid rally that critics called overdone lost more momentum. The S&P 500 fell 63.34 points Wednesday, or 1.4%, to 4,513.39 for its sharpest drop since April. It was the index's second straight loss...

Travel Stocks Drop as Markets Back From Rally
Travel Stocks Drop
Despite Strong Profits
MARKETS
Aug 1, 2023 3:57 PM CDT

Travel Stocks Drop Despite Strong Profits

Wall Street edges back from year's big rally

(Newser) - Wall Street took a step back from its big rally so far this year, and most stocks fell Tuesday following a mixed set of earnings reports from US companies. The S&P 500 lost 12.23, or 0.3%, to 4,576.73, coming off its fifth straight winning month....

Stocks Edge Higher to Close Another Winning Month

S&P 500 is at a 16-month high

(Newser) - Wall Street closed out its latest winning month with another tick higher on Monday. The S&P 500 added 6.73 points, or 0.1%, to 4,588.96 to cap its fifth straight month of gains. That's its longest winning streak in nearly two years, and the index...

Markets Hold Steady After Fed Raises Rates
Boeing, Alphabet Help
Keep Markets Steady
MARKETS
Jul 26, 2023 3:43 PM CDT

Boeing, Alphabet Help Keep Markets Steady

Indexes were little changed after Fed raised rates

(Newser) - Wall Street held steady after the Federal Reserve followed through on expectations and raised its benchmark interest rate to its highest level in more than two decades. Treasury yields fell following Wednesday's announcement, which traders hope will mark the final increase of this cycle, the AP reports. The S&...

Big Gain for GE Offsets Airline Losses
GE, 3M Were Among
the Winners on Wall Street
MARKETS
Jul 25, 2023 3:31 PM CDT

GE, 3M Were Among the Winners on Wall Street

But Raytheon Technologies had a rough day

(Newser) - Stocks closed higher as Wall Street waits to hear from some of its most influential companies, and whether their huge rally this year was justified. The S&P 500 rose 0.3% Tuesday to its highest level in more than 15 months. The Dow added 26 points, or 0.1%,...

Wall Street Rallies Ahead of Reports From Big Tech

Traders expect Fed to raise rates this week for the last time in this cycle

(Newser) - Wall Street ticked higher Monday to start a week full of updates on where interest rates and profits for the stock market's most influential companies are heading. The S&P 500 rose 18.30, or 0.4%, to 4,554.64, coming off its eighth winning week in the...

Bank Profit Reports Extend Wall Street Rally
Carvana Leaps 40.2%
After Debt Deal
MARKETS
Jul 19, 2023 3:41 PM CDT

Carvana Leaps 40.2% After Debt Deal

Bank profit reports extend Wall Street rally

(Newser) - Wall Street closed modestly higher following profit reports from a spate of banks and other big US companies. The S&P 500 rose 0.2% Wednesday after its seventh gain in the last eight days. The Dow added 109 points, or 0.3%, and the Nasdaq edged up less than...

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