S&P 500

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Worries About China Weigh Down Markets
Dow Drops 361 Points
Amid Worries About China
MARKETS

Dow Drops 361 Points Amid Worries About China

But report on US retail sales was encouraging

(Newser) - A sharp drop for Wall Street capped a day of declines worldwide after discouraging data on China raised worries about the global economy. The S&P 500 fell 1.86 points, or 1.2%, to 4,437.86 Tuesday after reports indicated a deepening slump for the world's second-largest...

US Steel Jumps 38.9% After Buyout Offer Rejected
US Steel Jumps Almost 40%
MARKETS

US Steel Jumps Almost 40%

Indexes edge higher ahead of report on retail sales

(Newser) - Stock indexes ticked higher on Wall Street ahead of a week of reports showing how strong US shoppers remain, amid hopes their spending can keep the economy out of a recession. The S&P 500 added 25.67, or 0.6%, to 4,489.72, though slightly more stocks fell...

Nvidia Drops Almost 5% Ahead of Inflation Report

It was also a bad day for Lyft, WeWork, Tesla

(Newser) - Stocks slipped Wednesday, as Wall Street braced for a highly anticipated report on inflation. The S&P 500 fell 31.67 points, or 0.7%, to 4,467.71 Wednesday and has now dropped six of the last seven days. The Dow Jones Industrial Average fell 191.13 points, or...

Worries About Banks Drag Markets Down
Worries About Banks,
World Economy Hit Markets
MARKETS

Worries About Banks, World Economy Hit Markets

Moody's cuts credit ratings for 10 small to midsized American banks

(Newser) - Wall Street slipped Tuesday as worries about the banking system and the global economy forced more caution into financial markets worldwide. The S&P 500 fell 19.06, or 0.4%, to 4,499.38 and at one point was down nearly triple that. It was the fifth loss in...

Wall Street Just Had Its Worst Day in Months
Wall Street Just Had
Its Worst Day in Months
MARKETS

Wall Street Just Had Its Worst Day in Months

Dow drops 348 points as rally runs out of steam

(Newser) - Wall Street tumbled to its worst day in months as its torrid rally that critics called overdone lost more momentum. The S&P 500 fell 63.34 points Wednesday, or 1.4%, to 4,513.39 for its sharpest drop since April. It was the index's second straight loss...

Travel Stocks Drop as Markets Back From Rally
Travel Stocks Drop
Despite Strong Profits
MARKETS

Travel Stocks Drop Despite Strong Profits

Wall Street edges back from year's big rally

(Newser) - Wall Street took a step back from its big rally so far this year, and most stocks fell Tuesday following a mixed set of earnings reports from US companies. The S&P 500 lost 12.23, or 0.3%, to 4,576.73, coming off its fifth straight winning month....

Stocks Edge Higher to Close Another Winning Month

S&P 500 is at a 16-month high

(Newser) - Wall Street closed out its latest winning month with another tick higher on Monday. The S&P 500 added 6.73 points, or 0.1%, to 4,588.96 to cap its fifth straight month of gains. That's its longest winning streak in nearly two years, and the index...

Markets Hold Steady After Fed Raises Rates
Boeing, Alphabet Help
Keep Markets Steady
MARKETS

Boeing, Alphabet Help Keep Markets Steady

Indexes were little changed after Fed raised rates

(Newser) - Wall Street held steady after the Federal Reserve followed through on expectations and raised its benchmark interest rate to its highest level in more than two decades. Treasury yields fell following Wednesday's announcement, which traders hope will mark the final increase of this cycle, the AP reports. The S&...

Big Gain for GE Offsets Airline Losses
GE, 3M Were Among
the Winners on Wall Street
MARKETS

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

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...

Bank Profit Reports Extend Wall Street Rally
Carvana Leaps 40.2%
After Debt Deal
MARKETS

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

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

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....

Stocks Rally After Report Shows Inflation Is Cooling
Domino's Jumps 11.9%
After Uber Eats Deal
MARKETS

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...

Activision Jumps 10% After Ruling on Microsoft Deal
After Ruling in Big Case,
Activision Jumps 10%
MARKETS

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...

Cruise Line Was Biggest Gainer in S&amp;P 500
Carnival Cruise Line
Jumps 8.9%
MARKETS

Carnival Cruise Line Jumps 8.9%

But it was a bad day for General Mills, other food makers

(Newser) - Wall Street drifted to a mixed close on Wednesday. The S&P 500 fell 1.55 points, or less than 0.1%, to 4,376.86, but held on to a gain for the week. The Dow Jones Industrial Average fell 74.08 points, or 0.2%, to 33,852....

Delta Stock Soars 6.8% on a Winning Day for Wall Street

Reports suggest economy is in better shape than feared

(Newser) - Wall Street rallied Tuesday after a round of reports suggested the economy is in better shape than feared. The S&P 500 rose 49.59 points, or 1.1%, to 4,378.41. The Dow Jones Industrial Average rose 212.03 points, or 0.6%, to 33,926.74. The...

Wall Street&#39;s Pullback Stretches Into Second Week
Russia Rebellion
Fails to Shake Markets
MARKETS

Russia Rebellion Fails to Shake Markets

But Wall Street's pullback stretched into a 2nd week

(Newser) - Stocks drifted lower as Wall Street's pullback from its recent rally carried into a second week. The S&P 500 fell 1 9.51 points, or 0.4%, to 4,328.82 Monday. The index remains close to its highest level in a year. Tech stocks were the heaviest...

Falling Tech Stocks Drag Indexes Down
Falling Tech Stocks
Drag Indexes Down
MARKETS

Falling Tech Stocks Drag Indexes Down

Fed chief warns that there's a long way to go in fight against inflation

(Newser) - Tech stocks fell Wednesday, keeping Wall Street mixed and sapping more momentum from its five-week rally. The S&P in its 500 closed 0.5% lower Wednesday, falling 23.02 points to 4,365.69 in its third straight pullback after rallying last week to its highest level in more...

Energy Stocks Fall Amid Worries About World Economy

Wall Street takes a step back after 5-week rally

(Newser) - Stocks closed lower Tuesday in Wall Street’s first trading after a five-week rally carried it to its highest level since the spring of last year. The S&P 500 fell 20.88 points, or 0.5%, to 4,388.71. The Dow Jones Industrial Average fell 245.25 points,...

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