Wall Street

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Dimon: Yeah, We're 'Likely' Spiraling Toward Recession

JPMorgan Chase chief had warned earlier this week that Trump's tariff war might be problematic

(Newser) - Earlier this week, Jamie Dimon sent up a red flag on the tit-for-tat trade war spurred by the Trump administration, which has sent markets into a tailspin , warning that the resulting tariffs will likely bring about "inflationary outcomes" and "slow down growth." He hedged at the time...

Four-Week Losing Streak Comes to an End
Four-Week
Losing Streak
Comes to an End
markets
Mar 21, 2025 3:35 PM CDT

Four-Week Losing Streak Comes to an End

Technology stocks rise, countering other drops in S&P 500

(Newser) - Stocks on Wall Street shook off a weak start and closed slightly higher Friday, snapping a four-week losing streak.
  • The Dow rose 32.03 points, or 0.1%, to 41,985.35, closing out the week up 1.2%.
  • The S&P 500 rose 4.67 points, or 0.1%,
...

Accenture Drops 7.3% Despite Strong Profit Report

Consulting firm could take a hit from government spending cuts

(Newser) - US stock indexes edged lower Thursday despite more signals suggesting the US economy remains solid for now.
  • The S&P 500 fell 12.40 points, or 0.2%, to 5,662.89 after flipping between modest gains and losses through the day.
  • The Dow fell 11.31 points, or less
...

Stocks Rally but Can't Save the Week
Stocks Rally but
Can't Save the Week
markets
Mar 14, 2025 3:25 PM CDT

Stocks Rally but Can't Save the Week

Concern about government shutdown eases

(Newser) - US stocks rallied to their best day in months on Friday as Wall Street's roller coaster suddenly shot back upward. That still wasn't enough to keep the US market from a fourth straight losing week, though, its longest such streak since August.
  • The Dow climbed 674.62 to
...

Stocks Take a Tumble as Trump Adds Tariff Threats

S&P falls more than 10% below record set in February

(Newser) - Wall Street's sell-off hit a new low Thursday after President Trump's escalating trade war dragged the S&P 500 more than 10% below its record, which was set just last month.
  • The Dow dropped 537.36 points to 40,813.57.
  • The S&P 500 lost 77.78
...

Rough Week Ends With Reassurance From Fed
Rough Week Ends With
Reassurance From Fed
markets
Mar 7, 2025 3:41 PM CST

Rough Week Ends With Reassurance From Fed

Shares climb for the day but are still down for the week

(Newser) - Wall Street rose on Friday, but only after careening through another wild day. It was a fitting ending to a brutal week of scary swings dominated by worries about the US economy and uncertainty about what President Trump will do with tariffs.
  • The Dow rose 222.64 points, or 0.
...

Selling Resumes in Face of Uncertainty Over Tariffs

Shares don't bounce back after reprieve on certain Mexico, Canada imports

(Newser) - Wall Street's sell-off kicked back into gear on Thursday, and a US stock market rattled by the whiplash created by President Trump's tariffs and uncertainty about the economy fell sharply.
  • The Dow fell 427.51 points, or 1%, to 42,579.08.
  • The S&P 500 fell 104.
...

A February to Forget Ends With Rally
A February to Forget
Ends With Rally
markets
Feb 28, 2025 3:44 PM CST

A February to Forget Ends With Rally

Most S&P 500 stocks climb

(Newser) - US stocks rallied on Friday to close out their dreary February on a brighter note.
  • The Dow rose 601.41 points, or 1.4%, to 43,840.91. For the week, the Dow was up 1%.
  • The S&P 500 rose 92.93 points, or 1.6%, to 5,954.
...

Stocks Tumble After Reports Show Worries on US Policies

Smallest companies' shares are hit hardest

(Newser) - US stocks fell sharply Friday after reports showed that worries among consumers and businesses about President Trump's policies may be hitting the economy.
  • The Dow fell 748.63 points, or 1.7%, to 43,428.02.
  • The S&P 500 fell 104.39 points, or 1.7%, to 6,
...

Walmart Drops Sharply, Pulling Down Other Retailers

S&P 500 falls back from Wednesday's all-time high

(Newser) - Wall Street retreated from its record on Thursday after a sharp slide for Walmart weighed on US stock indexes.
  • The S&P 500 fell 26.63 points, or 0.4%, to 6,117.52 after setting all-time highs in each of the last two days.
  • The Dow fell 450.94
...

Airbnb Jumps as Shares Overall Move Little
Airbnb Jumps as
Shares Overall Move Little
markets
Feb 14, 2025 3:45 PM CST

Airbnb Jumps as Shares Overall Move Little

After mixed profit reports, market pulls back from record high

(Newser) - Wall Street edged back from its all-time high on Friday, as US stock indexes drifted following mixed profit reports from big companies.
  • The Dow fell 165.35 points, or 0.4%, to 44,546.08, up 0.5% for the week.
  • The S&P 500 fell 0.44 points, or
...

Stocks Fall as Tariff, Inflation Concerns Rise
Stocks Fall as
Tariff, Inflation
Concerns Rise
markets
Feb 7, 2025 3:35 PM CST

Stocks Fall as Tariff, Inflation Concerns Rise

Amazon shares drop despite the company topping analysts' profit expectations

(Newser) - US stocks slumped Friday as worries flared again on Wall Street about tariffs and inflation.
  • The Dow fell 444.23 points, or 1%, to 44,303.40, a drop of 0.5% for the week.
  • The S&P 500 fell 57.58 points, or 0.9%, to 6,025.99,
...

Stock Market Is Going to Open in a Foul Mood

Dow futures down more than 600 points on worries over tariffs

(Newser) - President Trump warned that his coming tariffs on Canada, Mexico, and China may cause some "pain," and it's showing up on world markets:
  • In the US: Dow futures were down more than 600 points before Monday's opening bell, reports CNBC . The broader S&P 500 index
...

Shares Fall Back After Word of Trump's Tariffs
Shares Fall Back After
Word of Trump's Tariffs
markets
Jan 31, 2025 3:46 PM CST

Shares Fall Back After Word of Trump's Tariffs

Broad selling results in about 75% of S&P stocks dropping

(Newser) - Stocks surrendered early gains on Friday and closed lower after the White House said President Trump would impose promised tariffs on several key US trading partners.
  • The Dow fell 337.47 points, or 0.8%, to 44,544.66, finishing up 0.3% for the week.
  • The S&P 500
...

Three Companies Drive Stocks Higher
Three Companies
Drive Stocks Higher
markets
Jan 30, 2025 3:40 PM CST

Three Companies Drive Stocks Higher

Tesla shares rise despite a profit report falling short of analysts' expectations

(Newser) - Tesla, IBM, and Meta Platforms helped lead most US stocks higher on Thursday after a rush of profit reports from some of the country's most influential companies.
  • The Dow rose 168.61 points, or 0.4%, to 44,882.13.
  • The S&P 500 gained 31.86 points to
...

Stocks Slip but Still End the Week Higher
Stocks Slip but Still
End the Week Higher
markets
Jan 24, 2025 3:30 PM CST

Stocks Slip but Still End the Week Higher

Drops for some companies despite solid earnings reports reflect the pressure to grow, analysts say

(Newser) - US stocks edged back from their all-time high as they closed out a second straight winning week.
  • The Dow fell 140.82 points, or 0.3%, to 44,424.25, but closed up 2.2% for the week.
  • The S&P 500 fell 17.47 points, or 0.3%, to
...

Stocks Set a Record, the First of the Year
Stocks Set First 2025 Record
markets
Jan 23, 2025 3:34 PM CST

Stocks Set First 2025 Record

Netflix climbs again, though GE Aerospace rises more

(Newser) - US stocks rose to their first all-time high of 2025 on Thursday as Wall Street regained a bit of the momentum that catapulted it to 57 records last year.
  • The Dow rose 408.34 points, or 0.9%, to 44,565.07.
  • The S&P 500 rose 32.34 points,
...

Tech Giants Push Stocks to Big Week
Tech Giants Push
Stocks to Big Week
markets
Jan 17, 2025 3:30 PM CST

Tech Giants Push Stocks to Big Week

Shares for all seven leading companies climb

(Newser) - US stock indexes closed their best week in two months with a flourish on Friday.
  • The Dow rose 334.70 points, or 0.8%, to 43,487.83, up 3.7% for the week.
  • The S&P 500 rose 59.32 points, or 1%, to 5,996.66.
  • The Nasdaq
...

Stocks Slip After Earnings Reports
Stocks Slip After
Earnings Reports
markets
Jan 16, 2025 3:30 PM CST

Stocks Slip After Earnings Reports

Morgan Stanley climbs, UnitedHealth Group leads S&P 500 declines

(Newser) - US stock indexes drifted lower Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group, and other big companies.
  • The Dow dipped 68.42 to 43,153.13.
  • The S&P 500 slipped 12.57 points to 5,937.34.
  • The Nasdaq composite sank 172.94 to
...

Stocks Fall After Encouraging Jobs Report
Stocks Fall After
Encouraging Jobs Report
markets
Jan 10, 2025 3:23 PM CST

Stocks Fall After Encouraging Jobs Report

Strong hiring could pressure Federal Reserve to not cut interest rates

(Newser) - US stocks fell Friday on worries that good news on the job market may be too good and prove a problem for Wall Street by keeping inflation and interest rates high.
  • The Dow dropped 696.75 to 41,938.45, down 1.4% for the week.
  • The S&P 500
...

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