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Bank Stocks Tumble as Others Rise
It Was a Bad Day
for Bank Stocks
MARKETS

It Was a Bad Day for Bank Stocks

But other stocks rose amid hopes Fed will now hold off on rate hikes

(Newser) - Bank stocks tumbled Monday on worries about what’s next to break, following the second- and third-largest bank failures in US history. But many other stocks rose Monday on hopes the bloodletting will force the Federal Reserve to take it easier on the hikes to interest rates that are shaking...

Fed Chair&#39;s Latest Remarks Give Markets Solace
Fed Chair's Latest Remarks
Give Markets Solace
MARKETS

Fed Chair's Latest Remarks Give Markets Solace

'We’re not on a preset path' to bigger rate hikes, Powell says

(Newser) - Stocks drifted to a mixed close on Wall Street a day after sinking to one of their worst days of the year. The S&P 500 rose 5.64 points, or 0.1%, to 3,992.01. The Dow Jones Industrial Average fell 58.06 points, or 0.2%, to...

Dow Drops 575 Points After Warning From Fed Chief

Powell says rate hikes could be stepped up

(Newser) - Stocks sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation. The S&P 500 fell 62.05 points, or 1.5%, to 3,986.37. The Dow Jones Industrial Average fell...

With a Big Week Ahead, Markets Are in a Holding Pattern

Friday jobs report could cause big swing

(Newser) - Stocks drifted to a mixed close Monday as Wall Street remained in a holding pattern ahead of a potentially big week. The S&P 500 rose 2.78 points, or 0.1%, to 4,048.42 after coming off its first winning week in the last four. The Dow Jones...

Lowe&#39;s Drops 5.6% in Another Gloomy Day for Wall Street
Stocks Open March
With More Losses
MARKETS

Stocks Open March With More Losses

Investors expect interest rates to stay higher for longer

(Newser) - Most stocks marched lower Wednesday as stubbornly sticky inflation has Wall Street bracing for interest rates to stay higher for longer. The S&P 500 fell 18.76 points, or 0.5%, to 3,951.39 in its first trading after coming off a frigid February. The Dow rose 5....

Wall Street Ends Tough Month With More Losses
Tough Month for Stocks
Ends With More Losses
MARKETS

Tough Month for Stocks Ends With More Losses

Norwegian Cruise Line tumbles 10.2%

(Newser) - A frigid February for Wall Street closed out with more losses on Tuesday. The S&P 500 fell 0.3% points to 3,970.15 to lock in a loss of 2.6% for the month. The Dow Jones Industrial Average fell 232.39 points, or 0.7%, to 32,...

Stocks Claw Back Some of Their Losses
Stocks Claw Back
Some of Their Losses
MARKETS

Stocks Claw Back Some of Their Losses

Union Pacific was among the winners

(Newser) - Stocks closed slightly higher Monday, clawing back some of the losses from their worst week since early December. The S&P 500 rose 12.20 points, or 0.3%, to 3,982.24 for only its second gain in the last seven days. The Dow Jones Industrial Average rose 72....

Stocks End Mixed a Day After Big Drops
2 Companies Drop After
Reporting Strong Results
MARKETS

2 Companies Drop After Reporting Strong Results

Investors are worried about outlook for future orders

(Newser) - Stocks ended mixed a day after falling to their worst loss since December, as Wall Street prepares for interest rates to stay higher for longer. The S&P 500 fell 6.29 points, or 0.2%, to 3,991.05 Wednesday after drifting between small gains and losses. The Dow...

Wall Street Just Had Its Worst Day in 2 Months
Dow Drops 697 Points
Amid Interest Rate Worries
MARKETS

Dow Drops 697 Points Amid Interest Rate Worries

It was Wall Street's worst day in 2 months

(Newser) - Stocks tumbled to their worst day in two months Tuesday, buckling under worries about higher interest rates and their tightening squeeze on Wall Street and the economy. The S&P 500 fell 81.75 points, or 2%, to 3,997.34 for its sharpest drop since the market was selling...

Blowout Retail Sales Data Lifts Markets
Blowout Retail Sales
Data Lifts Markets
MARKETS

Blowout Retail Sales Data Lifts Markets

S&P 500 erases early loss

(Newser) - Stocks closed slightly higher on Wall Street after a report showed US shoppers opened their wallets at stores last month by much more than expected, even as they contended with higher interest rates on credit cards and other loans. The S&P 500 eked out a gain of 0.3%...

Markets Had a Mild Reaction to Inflation Report
Key Inflation Report
Didn't Shake Markets
MARKETS

Key Inflation Report Didn't Shake Markets

Indexes dropped slightly after report suggested inflation is cooling more slowly than hoped

(Newser) - Stocks ended mixed on Wall Street following several sharp reversals after a report suggested inflation may not be slowing as quickly and as smoothly as hoped. The S&P 500 closed virtually unchanged Tuesday after swinging between losses and gains throughout the day. The index fell 1.16 points, less...

Dow Jumps 377 Points Ahead of Inflation Report
Dow Jumps 377 Points
Ahead of Inflation Report
MARKETS

Dow Jumps 377 Points Ahead of Inflation Report

Traders are betting figures will show inflation is continuing to cool

(Newser) - Wall Street closed higher Monday as traders made their final moves in anticipation of a report that could show whether inflation is cooling in the right way or setting the market up for worse pain. The S&P 500 rose 46.83 points, or 1.1%, to 4,137.29....

Chipotle Drops 5% as Wall St. Gives Up Gains
Chipotle Falls 5% on a
Rough Day for Wall St.
MARKETS

Chipotle Falls 5% on a Rough Day for Wall St.

Major indexes drop amid continued uncertainty

(Newser) - Wall Street gave back some of its recent gains Wednesday as uncertainty about interest rates and inflation continued to reign. The S&P 500 fell 46.14 points, or 1.1%, to 4,117.86 The Dow Jones Industrial Average fell 207.68 points, or 0.6%, to 33,949....

Fed Chair&#39;s Remarks Lift Wall Street
Fed Chair's Remarks
Lift Wall Street
MARKETS

Fed Chair's Remarks Lift Wall Street

Dow rises 266 point

(Newser) - Stocks closed higher on Wall Street after the head of the Federal Reserve signaled last week’s stunningly strong jobs report isn’t likely to change where interest rates are heading on its own, as some investors had feared. The S&P 500 rose 52.92 points, or 1.3%,...

Stocks Drop for a 2nd Day After Stunning Jobs Report

Investors are worried about more rate hikes

(Newser) - Stocks slipped again on Wall Street Monday. The S&P 500 fell 0.6%, its second straight fall after a stunningly strong report on the jobs market dented the market’s hopes that interest rates would ease. The S&P 500 fell 25.40 points to 4,111.08. The...

Wall Street Climbs as Fed Sees Progress in Inflation Fight
Stocks Do U-Turn
After Fed Chief Speaks
MARKETS

Stocks Do U-Turn After Fed Chief Speaks

S&P 500 jumps from 1% loss to 1% gain as Powell sees progress against inflation

(Newser) - Stocks climbed Wednesday to send Wall Street to its best level since the summer following the latest hike to interest rates by the Federal Reserve, which said it’s finally seeing improvements in inflation. The S&P 500 rallied back from an early 1% loss to finish 1% higher 4,...

Wall Street Adds to a Strong January
Wall Street
Ends January
on a Strong Note
MARKETS

Wall Street Ends January on a Strong Note

But McDonald's fell despite strong profits

(Newser) - Wall Street closed out a strong January with more gains. The S&P 500 rose 58.83 points Tuesday, or 1.5%, to 4,076.60, marking its third winning month in the last four. The Dow Jones Industrial Average rose 368.95 points, or 1.1%, to 34,086....

Stocks Drop as Investors Prepare for Fed Decision

Earnings reports, jobs report also due this week

(Newser) - Stocks closed lower on Wall Street ahead of a week full of potentially market-moving events. The S&P 500 fell 52.79 points, or 1.3%, to 4,017.77 Monday as markets prepared for decisions on interest rates around the world and a slew of earnings reports. The Dow...

Stocks Rebound From Big Losses in &#39;Jekyll and Hyde&#39; Market
Indexes Finish Flat in
'Jekyll and Hyde' Market
MARKETS

Indexes Finish Flat in 'Jekyll and Hyde' Market

Microsoft rebounded from big losses in early trading

(Newser) - Stocks shook off an early slide and wound up little changed Wednesday as worries about corporate profits weighed on the market. The S&P 500 fell 0.73 points, or less than 0.1%, to 4,016.22. The Dow Jones Industrial Average rose 9.88 points, or less than...

3M Drops 6.3% After Disappointing Earnings Report

Indexes drifted between gains, losses

(Newser) - Stocks ended mixed on Wall Street Tuesday after drifting between gains and losses as more big US companies delivered their earnings reports for the last three months of 2022. Some of them came up short of what investors were expecting, leading to drops in their stock prices, the AP reports....

Stories 241 - 260 | << Prev   Next >>