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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

MARKETS

Jul 24, 2023 3:47 PM CDT

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...

Stocks Move Little, Preserving Week's Gains

Calm Day Preserves
Stocks' Gains for the Week

markets

Jul 21, 2023 3:55 PM CDT

Calm Day Preserves Stocks' Gains for the Week

Roper Technologies climbs after earnings report, while American Express drops

(Newser) - Wall Street closed out another winning week with a quiet Friday, as stocks found some stability after sliding the day before, per the AP. The S&P 500 edged up by 1.47, or less than 0.1%, to 4,536.34. The Dow added 2.51 points, or less...

Dow Has a Rare
9-Day Winning Streak

MARKETS

Jul 20, 2023 3:12 PM CDT

Dow Has a Rare 9-Day Winning Streak

But the S&P 500 and the Nasdaq were in the red on Thursday

(Newser) - It was quite a mixed day on Wall Street: The Dow rose more than 160 points on Thursday to notch its first nine-day winning streak since 2017, reports CNBC . But drops for Tesla, Netflix, and other big tech-oriented stocks crimped the benchmark S&P 500 and the tech-dominated Nasdaq:

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...

Microsoft Jumps 4% Amid Wall Street AI Frenzy

Microsoft Jumps 4%
After Revealing AI Pricing

MARKETS

Jul 18, 2023 3:57 PM CDT

Microsoft Jumps 4% After Revealing AI Pricing

Stocks hit their highest level in more than 15 months

(Newser) - Wall Street's frenzy around artificial intelligence helped push stocks to their best level in more than 15 months on Tuesday, along with stronger-than-expected profit reports from several big financial companies. The S&P 500 rose 32.19, or 0.7%, to 4,554.98 and its highest finish since...

Earnings Season Is Here, But Expectations Are Low

S&P 500 Climbs to
Highest in 15 Months

MARKETS

Jul 17, 2023 3:58 PM CDT

S&P 500 Climbs to Highest in 15 Months

Earnings season is ramping up, though expectations are low

(Newser) - Wall Street pushed higher Monday ahead of a week full of updates about where profits for big US companies are heading. The S&P 500 rose 17.37, or 0.4%, to 4,522.79 and its highest closing level in 15 months. The Dow Jones Industrial Average gained 76....

S&P Slips, but Ends Up
With Another Winning Week

MARKETS

Jul 14, 2023 3:38 PM CDT

S&P Slips, but Ends Up With Another Winning Week

Dow rises more than 100 for the day

(Newser) - Another winning week for Wall Street drifted to a quiet close following profit reports from several big US companies that topped expectations, per the AP .

The S&P 500 fell 4 points, or 0.1%, to 4,505, coming off its highest close since April 2022 on Thursday. Still, the

...

S&P Closes at Highest
Level of the Year

MARKETS

Jul 13, 2023 3:05 PM CDT

S&P Closes at Highest Level of the Year

Benchmark index now above 4,500

(Newser) - Wall Street's winning week accelerated Thursday following the latest signal that inflation is easing its chokehold on the economy, per the AP .

The S&P 500 rose 37 points, or 0.8%, to 4,510, its highest close of 2023, notes CNBC .
The Dow rose 47 points, or 0.

...

Domino's Jumps 11.9%
After Uber Eats Deal

MARKETS

Jul 12, 2023 3:36 PM CDT

Domino's Jumps 11.9% After Uber Eats Deal

Stocks rallied widely after release of report on cooling inflation

(Newser) - Wall Street returned to its highest level in more than a year on Wednesday after a report showed inflation cooled a bit more than expected last month, which hopefully takes some more pressure off the economy. The S&P 500 rose 32.90, or 0.7% to 4,472.16...

After Ruling in Big Case,
Activision Jumps 10%

MARKETS

Jul 11, 2023 4:00 PM CDT

After Ruling in Big Case, Activision Jumps 10%

Other winners Tuesday included Salesforce, Amazon

(Newser) - Stocks closed higher on Wall Street Tuesday as investors waited for updates on inflation and corporate profits. The S&P 500 rose 29.73, or 0.7%, to 4,439.26. The Dow Jones Industrial Average gained 317.02 points, or 0.9%, to 34,261.42, and the Nasdaq...

Herbicide Giant Sees
Sudden Drop in Business

MARKETS

Jul 10, 2023 3:37 PM CDT

Herbicide Giant Sees Sudden Drop in Business

FMC is S&P's biggest loser, though overall market was up

(Newser) - Stocks ticked higher Monday on Wall Street ahead of a week with updates on where inflation and corporate profits are heading, per the AP . The S&P 500 rose 10.58, or 0.2%, to 4,409.53, coming off just its second losing week in the last eight. The...

Reward for the Super Rich:
$14M a Day

Jul 8, 2023 7:45 AM CDT

Reward for the Super Rich: $14M a Day

That's how much the billionaires on Bloomberg's richest list made in the first half of the year

(Newser) - The stock market had a strong first half of the year, with the benchmark S&P rising 16% and the tech-heavy Nasdaq up an even stronger 39%. All of which translates into some hard-to-fathom profits for the richest of the rich. According to Bloomberg , the 500 people on its Billionaires...

Markets Wrap Up
a Losing Week

MARKETS

Jul 7, 2023 3:16 PM CDT

Markets Wrap Up a Losing Week

Dow falls 187 points

(Newser) - Wall Street ended in negative territory on Friday after data suggested the US job market is still warm enough to keep the economy growing but maybe not so hot that it stokes inflation much higher, per the AP .

The S&P 500 fell 12 points, or 0.2%, to 4,

...

New Fears of Rate Hikes
Send Markets Sliding

MARKETS

Jul 6, 2023 3:18 PM CDT

New Fears of Rate Hikes Send Markets Sliding

Dow falls 366 points on strong jobs data

(Newser) - Stocks fell Thursday on data suggesting the US job market remains much more resilient than expected.

The Dow fell 366 points, or 1%, to 33,922.
The S&P 500 fell 35 points, or 0.7%, to 4,411.
The Nasdaq fell 112 points, or 0.8%, to 13,679.

...

Wall St. Drifts Lower
as China Worries
Hit World Markets

MARKETS

Jul 5, 2023 3:37 PM CDT

Wall St. Drifts Lower as China Worries Hit World Markets

With Twitter rival on the way, Meta was among the winners

(Newser) - Wall Street edged lower Wednesday following a rally that sent it roaring 16% higher for the year so far. The S&P 500 fell 8.77 points, or 0.2%, to 4,446.82, edging down from its highest level since April 2022. The Dow Jones Industrial Average fell 129....

Strong Tesla Sales
Give Markets a Boost

MARKETS

Jul 3, 2023 3:15 PM CDT

Strong Tesla Sales Give Markets a Boost

Major indexes tick up in short trading day

(Newser) - Stocks edged higher in a shortened trading day Monday as momentum slowed on Wall Street following its powerful rally through the first half of the year, per the AP .

The S&P 500 rose 5.21 points, or 0.1%, to 4,455.59 and reached its highest level since

...

Apple Passes Huge
Financial Milestone

Jul 3, 2023 11:14 AM CDT

Apple Passes Huge Financial Milestone

Company is now worth more than $3T, and analysts expect it to stay that way

(Newser) - Apple, the world's most valuable company, had a market capitalization of more than $3 trillion for the first time at the close of trading Friday—and analysts believe it's likely to stay above that level, unlike in early 2022 when it briefly hit that milestone during daily trading....

Nasdaq Has Best First
Half of Year in 4 Decades

MARKETS

Jun 30, 2023 3:20 PM CDT

Nasdaq Has Best First Half of Year in 4 Decades

All the major indexes rose again on Friday

(Newser) - Wall Street's winning week, month, and first half of the year closed with another rally Friday after reports suggested pressure on inflation may be easing, per the AP .

The S&P rose 53 points, or 1.2%, to 4,450.
The Dow rose 285 points, or 0.8%, to

...

Results of Bank Tests
Help Lift the Dow

MARKETS

Jun 29, 2023 3:26 PM CDT

Results of Bank Tests Help Lift the Dow

Index rises 269 points

(Newser) - Wall Street ticked mostly higher Thursday as investors considered both the upsides and downsides of the US economy remaining stronger than feared.

The S&P 500 rose 19 points, or 0.4%, to 43,396.
The Dow rose 269 points, or 0.8%, to 34,122.
The tech-focused Nasdaq slipped

...