S&P 500

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Markets Close Lower After US Bans Russian Oil
Nickel Trading Halted
After Price Doubles
MARKETS

Nickel Trading Halted After Price Doubles

(Newser) - Stocks ended lower after another day of yo-yoing between gains and losses after crude oil prices rose anew as the US banned imports from Russia. The price of nickel surged so much that trading for the metal was shut on Tuesday as the economic fallout from Russia’s invasion of...

Markets Plunge as Oil Price Touches $130 a Barrel
S&P 500 Just Had Its
Biggest Drop in 16 Months
MARKETS

S&P 500 Just Had Its Biggest Drop in 16 Months

Oil price briefly touched $130 a barrel

(Newser) - Stocks fell sharply on Wall Street Monday after another big leap for oil prices threatened to squeeze inflation’s grip on the global economy. The S&P 500 fell 3%, its biggest drop in 16 months, after a barrel of US crude surged to nearly $120 on the possibility that...

Markets Roar Back Despite 7% Jump in Oil Price
Wall Street Is
Back in Rally Mode
MARKETS

Wall Street Is Back in Rally Mode

Indexes jumped despite war worries, spike in oil prices

(Newser) - Wall Street took another sharp swing Wednesday, this time back to rally mode, as stocks and Treasury yields rose even as oil prices continued to climb. The S&P 500 rose 1.9%, putting it back into the green for the week, after Federal Reserve Chair Jerome Powell said he...

Dow Drops, Oil Price Surges as War Rages in Ukraine

Wheat, corn prices have also spiked

(Newser) - Oil prices soared and investors shifted more money out of stocks and into ultra-safe US government bonds Tuesday as Russia stepped up its war on Ukraine. The price of oil surged back above $100 a barrel to its highest level since 2014 after Russia, a major energy producer, faced further...

S&amp;P 500 Sinks to 14-Month Low
S&P 500 Slides Deeper
Into Correction Territory
MARKETS

S&P 500 Slides Deeper Into Correction Territory

Index is now at a 14-month low

(Newser) - Wall Street's losses mounted Wednesday as world leaders waited to see if Russian President Vladimir Putin orders troops deeper into Ukraine. The S&P 500 fell 1.8% to a 14-month low, worsening what is now the benchmark index's second correction in two years. Treasury yields inched higher,...

S&amp;P 500 Enters Correction Territory Amid Ukraine Crisis
Ukraine Tensions
Drag Stocks Down
MARKETS

Ukraine Tensions Drag Stocks Down

S&P 500 is now in correction territory

(Newser) - Stocks closed broadly lower Tuesday after Russia sent forces into Ukraine’s eastern region and the US, European Union, and UK responded with economic sanctions. The rising geopolitical tensions kept financial markets on edge, pulling the S&P 500 into a correction—Wall Street speak for a drop of at...

S&amp;P 500 Shakes Off Slump After Fed Releases Minutes
Minutes From Fed Meeting
Give Markets a Boost
MARKETS

Minutes From Fed Meeting Give Markets a Boost

Central bank is ready to raise interest rates

(Newser) - Stocks shook off an early slump and ended mixed on Wall Street Wednesday after minutes from the Federal Reserve’s latest meeting showed policymakers still leaning toward moving decisively to fight inflation. The S&P 500 wound up with a slight gain, while the Dow Jones Industrial Average and the...

Stocks Rebound as Ukraine Tensions Ease
Stocks Rebound as
Ukraine Tensions Ease
MARKETS

Stocks Rebound as Ukraine Tensions Ease

Feds say inflation surged 9.7% year-on-year

(Newser) - Stocks ended broadly higher on Wall Street Tuesday as investors welcomed signs that tensions might ease in Ukraine. Moscow said some troops near Ukraine’s borders would begin returning to their bases , however President Biden said that claim remains unverified. Bond yields rose after another indicator on inflation came in...

Oil, Natural Gas Prices Rise Amid Ukraine Tensions

Major indexes slid Monday

(Newser) - Stocks closed lower on Wall Street Monday as the US moved to close its embassy in Ukraine amid heightened geopolitical tensions over the thousands of Russian troops that have been amassing on the border. Financial, health care, and energy companies were among the biggest weights dragging the market lower. Moderna...

Chipotle Jumps 10.1% Despite Menu Price Hikes
Chipotle Stock Sizzles
on Strong Earnings
MARKETS

Chipotle Stock Sizzles on Strong Earnings

It jumped 10.1% despite menu price hikes

(Newser) - Stocks closed broadly higher on Wall Street Wednesday, putting the market further into the green for the week after a solid gain a day earlier. Technology and communications stocks were among the biggest gainers. Microsoft rose 2.2% and Google's parent company, Alphabet, rose 1.6%. Chipmaker Nvidia rose...

Markets Bounce Back From Monday Losses
Peloton Jumps 25.3%
After Corporate Shake-Up
MARKETS

Peloton Jumps 25.3% After Corporate Shake-Up

Indexes bounce back from Monday losses

(Newser) - Technology companies and banks led stocks higher on Wall Street Tuesday, more than making up the market’s losses a day earlier. Peloton jumped 25.3% after the exercise bike maker announced a corporate shake-up and big job cuts. Bond yields rose. The S&P 500 rose 37.67 points,...

Tyson Foods Jumps 12.2% After Strong Results
Tyson Foods Jumps
12.2% After Strong Results
MARKETS

Tyson Foods Jumps 12.2% After Strong Results

It was a bumpy day for the S&P 500

(Newser) - Stocks ended another bumpy day with mixed results on Wall Street Monday. The S&P 500 went up, down, up, and then down again in the last hour of trading to wind up with a loss of 0.4%. Losses in several big tech companies left the Nasdaq down 0....

PayPal Just Had Its Worst Trading Day Since 2015

It slumped 24.6% after reporting weak quarter

(Newser) - Stocks closed higher on Wall Street Wednesday, putting major indexes on track to extend their weekly gains. The S&P 500 rose 0.9% and the Nasdaq added 0.5%. The Dow Jones Industrial Average climbed 0.6%. Big communications and technology companies helped lift the broader market. Google’s...

February Gets Off to a Strong Start
February Gets Off
to a Strong Start
MARKETS

February Gets Off to a Strong Start

Dow was up 273 points

(Newser) - Stocks closed higher on Wall Street Tuesday, getting February off to a decent start after a miserable January. The S&P 500, the Nasdaq composite, and the Dow Jones Industrial Average all rose. Nearly all of the gains came in the last hour after the market spent most of the...

Wall Street Just Had Its Worst Month Since March 2020

Indexes end in the red despite Monday gains

(Newser) - Stocks closed higher Monday, but still logged their worst monthly loss since the early days of the pandemic, as Wall Street closes a tumultuous January wracked by worries that imminent interest-rate hikes will make everything in markets more challenging. The S&P 500 rose 1.9%, but it’s still...

Stocks Give Up Gains After Fed Signals Rate Hike
Gains Evaporate After
Fed Signals Rate Hike
MARKETS

Gains Evaporate After Fed Signals Rate Hike

S&P 500 gave up early gain of 2.2%

(Newser) - An early market rally gave way to a broad slide for stocks and a surge in bond yields Wednesday after the Federal Reserve signaled it plans to begin raising interest rates "soon" to fight a spike in inflation that the central bank says is probably getting worse. Fed Chair...

Stocks Tumble Again After Volatile Day
Stocks Tumble Again
After Volatile Day
MARKETS

Stocks Tumble Again After Volatile Day

Monday's late surge may have been a 'head fake'

(Newser) - Stocks fell on Wall Street Tuesday, continuing a volatile bout of trading that has sent markets swinging between steep losses and gains as investors gauge several threats. The S&P 500 gave up 1.2%, but clawed back much of a midday drop after being down as much as 2....

After Wild Ride, Dow Closes With 99-Point Gain

Other major indexes also bounced back from huge losses earlier in the day

(Newser) - Stocks recovered from big early losses Monday as investors jumped in before the closing bell. The Dow Jones Industrial Average swung 1,217 points and closed up 0.3% after dropping 1,000 points as investors anticipated inflation-fighting measures from the Federal Reserve and fretted over possible conflict between Russia...

Stock Market Hits Correction Territory
Stock Market Hits
Correction Territory
MARKETS

Stock Market Hits Correction Territory

S&P 500 was 10% off its most recent high

(Newser) - Stocks sank Monday in morning trading on Wall Street, putting the benchmark S&P 500 on track for what the market considers a correction—a drop of 10% or more from its most recent high. The S&P 500 fell 2.5% to 4,287.22 in the first hour...

Dow Drops 543 Points as Investors Get Jitters
Dow Drops 543 Points
as Investors Get Jitters
MARKETS

Dow Drops 543 Points as Investors Get Jitters

Tech stocks, banks led the way down

(Newser) - Stocks fell to a new low for the year while bond yields surged on Wall Street Tuesday amid renewed jitters that the Federal Reserve will lift interest rates to tackle rising inflation. The S&P 500 fell 85.74 points, or 1.8%, to 4,577.11. The Dow Jones...

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