Wall Street

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Dow Rebounds, Ending 10-Day Losing Streak
Dow Rebounds, Ending
10-Day Losing Streak
markets
Dec 19, 2024 3:45 PM CST

Dow Rebounds, Ending 10-Day Losing Streak

(Newser) - An early rebound for US stocks petered out by the end of trading Thursday, leaving indexes close to flat.
  • The Dow rose 15.37 points, or less than 0.1%, to 42,342.24, after a big drop Wednesday . That barely broke its longest losing streak since 1974, per Yahoo
...

Mixed Day Wraps Up an Uneven Week
Mixed Day Wraps Up
an Uneven Week
markets
Dec 13, 2024 3:40 PM CST

Mixed Day Wraps Up an Uneven Week

Broadcom soars 24% as Nvidia, Alphabet slip

(Newser) - Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market.
  • The Dow fell 86.06 points, or 0.2%, to 43,828.06, leaving it down 1.8% for the week.
  • The S&P 500 fell 0.16 points, or
...

Rally Slows After Pair of Reports
Rally Slows After Pair of Reports
markets
Dec 12, 2024 3:40 PM CST

Rally Slows After Pair of Reports

Inflation, unemployment benefits data provide a slight check on economic hopes

(Newser) - US stock indexes fell Thursday following the release of potentially discouraging data on the economy.
  • The Dow fell 234.44 points, or 0.5%, to 43,914.12.
  • The S&P 500 fell 32.94 points, or 0.5%, to 6,051.25.
  • The Nasdaq fell 132.05 points, or
...

Rally Slows Ahead of Jobs Report
Rally Slows Ahead
of Jobs Report
markets
Dec 5, 2024 3:35 PM CST

Rally Slows Ahead of Jobs Report

Bitcoin slips after milestone, affecting other stocks

(Newser) - The huge rally for US stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that's coming on Friday.
  • The Dow fell 248.33 points, or 0.6%, to 44,765.71.
  • The S&P 500 fell 11.38 points, or 0.2%, to
...

Broad Gains Follow Nvidia's Positive Report
Broad Gains Follow
Nvidia's Positive Report
markets
Nov 21, 2024 3:30 PM CST

Broad Gains Follow Nvidia's Positive Report

Almost 90% of stocks in the S&P 500 climb

(Newser) - US stocks climbed Thursday after market superstar Nvidia and another round of companies said they're making even fatter profits than expected.
  • The Dow rose 461.88 points, or 1.1%, to 43,870.35.
  • The S&P 500 rose 31.60 points, or 0.5%, to 5,948.71.
...

Shares Suffer Biggest Loss Since Election
Stocks Suffer
Biggest Loss
Since Election
markets
Nov 15, 2024 3:30 PM CST

Stocks Suffer Biggest Loss Since Election

Moderna, Pfizer fall after Kennedy's selection to lead HHS

(Newser) - US stocks tumbled Friday as the "Trump bump" that Wall Street got from last week's presidential election, along with a cut to interest rates by the Federal Reserve, kept fading.
  • The Dow fell 305.87 points, or 0.7%, to 43,444.99.
  • The S&P 500 fell
...

Amazon's Profit Report Pushes S&P Higher
Amazon's Profit Report
Pushes S&P Higher
markets
Nov 1, 2024 3:35 PM CDT

Amazon's Profit Report Pushes S&P Higher

After jobs report, analysts still expect interest rate cut next week

(Newser) - Amazon led US stock indexes higher on Friday, while a surprisingly weak jobs report marred by some unusual occurrences cemented bets on Wall Street for another cut to interest rates next week.
  • The Dow rose 288.73 points, or 0.7%, to 42,052.19.
  • The S&P 500 rose
...

Meta, Microsoft Pull Shares Down Despite Solid Reports

Investors are swayed more by companies' warnings

(Newser) - The downside of high expectations thumped Wall Street on Thursday, and Microsoft and Meta Platforms dragged US stock indexes lower despite delivering strong profits for the summer.
  • The Dow fell 378.08 points, or 0.9%, to 41,763.46.
  • The S&P 500 fell 108.22 points, or 1.
...

Stocks' Winning Streak Ends at 6 Weeks
Stocks' Winning Streak
Ends at 6 Weeks
markets
Oct 25, 2024 3:40 PM CDT

Stocks' Winning Streak Ends at 6 Weeks

A pause in the market's climb is to be expected, analyst says

(Newser) - US stock indexes gave up an early gain and drifted to a mixed finish Friday, helping give the market its first losing week since early September.
  • The Dow fell 259.96 points, or 0.6%, to 42,114.40, its first weekly loss after six straight gains.
  • The S&P
...

Tesla Soars as IBM Drags Down Dow
Tesla Soars as IBM
Drags Down Dow
markets
Oct 24, 2024 3:31 PM CDT

Tesla Soars as IBM Drags Down Dow

Result is a mixed day of trading, with S&P 500 bouncing back

(Newser) - Wall Street drifted to a mixed finish Thursday after Tesla surged to one of the best days in its history, while IBM slumped to its worst in six months.
  • The Dow fell 140.59 points, or 0.3%, to 42,374.36.
  • The S&P 500 rose 12.44 points,
...

Netflix Profit Helps Drive Stocks to New Records

American Express shares decline on report, pulling Dow down

(Newser) - US stocks closed their latest winning week with more records on Friday, while trading overall remained relatively calm.
  • The Dow rose 36.86 points, or 0.1%, to 43,275.91, adding to its record set Thursday.
  • The S&P 500 rose 23.20 points, or 0.4%, to 5,
...

Stocks Hang Around Records After Encouraging Reports

Retailers post a better month in September

(Newser) - U.S. stocks drifted around their record heights Thursday following the latest signals that the U.S. economy continues to hum.
  • The Dow rose 161.35 points, or 0.4%, to 43,239.05.
  • The S&P 500 fell 1 point, or less than 0.1%, to 5,841.47.
...

Banks Compensate for Drop by Tesla as More Records Fall

Dow, S&P 500 reach new highs after profit reports

(Newser) - US stocks rose to records Friday as big banks rallied following a run of reassuring profit reports.
  • The Dow rose 409.74 points, or 1%, to 42,863.86, a record.
  • The S&P 500 rose 34.98 points, or 0.6%, to 5,815.03, topping its all-time high
...

Stocks Slip After Inflation, Unemployment Reports

Economists expected fewer to apply for jobless benefits

(Newser) - US stocks edged back from their records Thursday after reports showed inflation was a touch warmer last month than expected and more workers filed for unemployment benefits last week.
  • The Dow fell 57.88 points, or 0.1%, to 42,454.12.
  • The S&P 500 fell 11.99 points,
...

Indexes Climb After Strong Jobs Report
Indexes Climb After
Strong Jobs Report
markets
Oct 4, 2024 3:35 PM CDT

Indexes Climb After Strong Jobs Report

Traders drop expectation of a larger cut in interest rates

(Newser) - US stocks rallied Friday after a surprisingly strong report on the nation's job market raised optimism about the economy.
  • The Dow rose 341.16 points, or 0.8%, to 42,352.75, a record.
  • The S&P 500 rose 51.13 points, or 0.9%, to 5,751.07.
...

Stocks Slip as Crude Prices Climb
Stocks Slip as
Crude Prices Climb
markets
Oct 3, 2024 3:35 PM CDT

Stocks Slip as Crude Prices Climb

Concerns about Middle East drive oil up

(Newser) - Crude prices jumped Thursday on worries that increasing tensions in the Middle East could disrupt the global flow of oil, while US stocks pulled back further from their records.
  • The Dow fell 184.93 points, or 0.4%, to 42,011.59.
  • The S&P 500 fell 9.60 points,
...

Tech Companies Lift S&P in Stocks' Best Week of 2024

Broadcom, Microsoft help recover last week's losses

(Newser) - US stocks closed out their best week of the year with more gains on Friday and climbed to the cusp of their records.
  • The Dow rose 297.01 points, or 0.7%, to 41,393.78.
  • The S&P 500 rose 30.26 points, or 0.5%, to 5,626.
...

Major Banks Try to Ease Junior Bankers' Exhaustion

JPMorgan, Bank of America take steps to prevent overwork amid criticism

(Newser) - Two leading investment banks are taking steps to prevent junior bankers from working more than 100 hours a week following complaints of overwork. JPMorgan is instituting an 80-hour weekly cap for junior bankers in a first-of-its-kind move for the bank, while Bank of America, which already flags work beyond a...

Indexes Plunge After Jobs Report
Indexes Plunge
After Jobs Report
markets
Sep 6, 2024 3:35 PM CDT

Indexes Plunge After Jobs Report

Tech stocks pull down Nasdaq composite

(Newser) - Another rout hit Wall Street on Friday, with formerly high-flying technology stocks again taking the brunt, after a highly anticipated update on the US job market came in weak enough to add to worries about the economy.
  • The Dow fell 410.34 points, or 1%, to 40,345.41.
  • The
...

Stocks Close Out Another Month of Gains
Stocks Close Out
Another Month of Gains
markets
Aug 30, 2024 3:50 PM CDT

Stocks Close Out Another Month of Gains

New reports on inflation, consumer spending, and income encourage traders

(Newser) - Stocks on Wall Street finished broadly higher Friday as the market closed out its fourth straight winning month with solid gains.
  • The Dow rose 228.03 points, or 0.6%, to close at 41,563.08 and set its fourth all-time high this week.
  • The S&P 500 rose 56.
...

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