stock market

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Stocks Drop After Fed Keeps Rates Steady
Stocks Drop After
Latest Fed Decision
MARKETS
Jan 29, 2025 3:31 PM CST

Stocks Drop After Latest Fed Decision

Rate cuts may be on hold for a while

(Newser) - US stocks slipped Wednesday after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September.
  • The S&P 500 fell 28.39 points, or 0.5%, to 6,039.31.
  • The Dow Jones Industrial Average fell 136.83 points, or 0.
...

Tech Stocks Claw Back Some of Monday's Losses
Tech Stocks Claw Back
Some of Monday's Losses
MARKETS
Jan 28, 2025 3:38 PM CST

Tech Stocks Claw Back Some of Monday's Losses

JetBlue plummets 25.7%

(Newser) - Rebounding tech stocks drove US indexes higher Tuesday, a day after they tumbled on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it.
  • The S&P 500 rose 55.42 points, or 0.9%, to 6,067.70 and clawed back more than half
...

Chinese AI Competitor Tanks Tech Stocks
Chinese AI Competitor
Tanks Tech Stocks
MARKETS
Jan 27, 2025 3:52 PM CST

Chinese AI Competitor Tanks Tech Stocks

Nvidia plunges almost 17%

(Newser) - Wall Street's superstars tumbled Monday as a competitor from China threatened to upend the artificial-intelligence frenzy they've been feasting on.
  • The S&P 500 fell 88.96 points, or 1.5%, to 6,012.28.
  • The Dow Jones Industrial Average rose 289.33 points, or 0.7%, to
...

This Could Be One of Tech's Worst Stock Days in Years

A low-cost AI startup in China called DeepSeek is rattling markets

(Newser) - Monday might end up being one of the worst days for tech stocks in years, and it's all thanks to a low-cost AI startup out of China called DeepSeek, reports the Wall Street Journal . The tech-centric Nasdaq index was down more than 4% in pre-market trading, with Nvidia—which...

S&P 500 Approaches All-Time High
S&P 500
Approaches
All-Time High
MARKETS
Jan 22, 2025 3:39 PM CST

S&P 500 Approaches All-Time High

AI companies, Netflix led the way

(Newser) - Netflix, Oracle, and other technology stocks lifted US indexes Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence.
  • The S&P 500 rose 37.13 points, or 0.6%, to 6,086.37 and closed just shy of the record it set in
...

Dow Jumps 538 Points as Trump Begins Second Term

Mexican peso, Canadian dollar fall against US dollar

(Newser) - US stocks rose on Tuesday, the first trading day of President Trump's second term, after more companies said they made bigger profits at the end of last year than analysts expected and as Treasury yields eased.
  • The S&P 500 rose 52.58 points, or 0.9%, to 6,
...

Stocks Leap Higher After Latest Inflation Report
Stocks Just Had Their
Best Day in 2 Months
MARKETS
Jan 15, 2025 3:46 PM CST

Stocks Just Had Their Best Day in 2 Months

Big banks led the way after delivering strong profit reports

(Newser) - US stocks ripped higher Wednesday after an encouraging update on US inflation.
  • The S&P 500 jumped 107 points, or 1.8%, to 5,949.91.
  • The Dow Jones Industrial Average rose 703.27 points, or 1.7%, to 43,221.55.
  • The Nasdaq composite rose 466.84 points, or
...

Stocks Get a Boost From Inflation Data
Stocks Get a Boost
From Inflation Data
MARKETS
Jan 14, 2025 3:37 PM CST

Stocks Get a Boost From Inflation Data

But Eli Lilly, Nvidia were on the losing side

(Newser) - Most US stocks rose on Tuesday, following an encouraging update on inflation, but drops for Eli Lilly and some other influential stocks kept indexes in check.
  • The S&P 500 rose 6.69 points, or 0.1%, to 5,842.91, and three out of four stocks in the index
...

Big Tech Stocks Drop, Oil Companies Rise
Moderna Tumbles 16.2%
MARKETS
Jan 13, 2025 3:38 PM CST

Moderna Tumbles 16.2%

Nvidia was another heavy weight on the S&P 500

(Newser) - Drops for Nvidia and other Big Tech companies were offset by gains in health care, energy, and other sectors on Monday, leaving US stock indexes mixed.
  • The S&P 500 rose 9.18 points, or 0.2%, to 5,836 after spending most of the day lower.
  • The Dow Jones
...

Facebook Marketplace Deal Lifts eBay Almost 10%

Fed governor says he still expects interest rate cuts this year

(Newser) - US stock indexes ended mixed Wednesday after drifting between small losses and gains. Trading was relatively subdued a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.
  • The S&P 500 rose 9.22 points, or 0.2%, to
...

Stocks Slump After Good News on Economy
Stocks Take a Hit From
Good News on Economy
MARKETS
Jan 7, 2025 3:36 PM CST

Stocks Take a Hit From Good News on Economy

Solid economy could make rate cuts less likely

(Newser) - Good news on the US economy is back to being bad for Wall Street. Stocks slumped Tuesday after a pair of reports came in better than expected.
  • The S&P 500 fell 66.35 points, or 1.1%, to 5,909.03.
  • The The Dow Jones Industrial Average fell 178.
...

US Steel Jumps 8.1%
US Steel Jumps 8.1%
MARKETS
Jan 6, 2025 3:24 PM CST

US Steel Jumps 8.1%

Stocks recover more of their holiday-season slide

(Newser) - Rising technology stocks helped US indexes recover more of their holiday-season slide that bridged the new year.
  • The S&P 500 climbed 0.6% Monday, its second straight gain following five straight losses.
  • The Dow Jones Industrial Average lost an early gain to slip 0.1%.
  • The Nasdaq composite rose
...

After Surgeon General Warning, Booze Takes a Hit

Stocks for beer/wine/spirits makers and distributors fall after Vivek Murthy's cancer report

(Newser) - Alcohol manufacturers and distributors likely watched the stock market in dismay on Friday after US Surgeon General Vivek Murthy issued a warning tying booze to various cancers. MarketWatch and Reuters report that Constellation Brands, which owns the Corona and Modelo beer brands and Mondavi wines, was down by as much...

Stocks Drop at the End of a Winning Year
Stocks Drop at the
End of a Winning Year
MARKETS
Dec 31, 2024 4:03 PM CST

Stocks Drop at the End of a Winning Year

S&P 500 sees biggest back-to-back yearly gains since 1998

(Newser) - Stock indexes closed lower on Wall Street on the final day of another record-setting year.
  • The S&P 500 fell 25.31 points, or 0.4%, to 5,881.63, but still managed to rack up a gain of 23.3% for the year, its second straight year with gains
...

Boeing, Airline Stocks Drop After South Korea Crash

Markets set to end winning year on sour note

(Newser) - Stocks fell on Wall Street Monday as a strong year for the market looks set to end on a sour note.
  • The S&P 500 fell 63.90 points, or 1.1%, to 5,906.94 . On the second-to-last day of 2024, the benchmark index is still on track for
...

'Santa Claus Rally' Is On Track
'Santa Claus Rally'
Is On Track
MARKETS
Dec 24, 2024 12:36 PM CST

'Santa Claus Rally' Is On Track

Big Tech stocks lead indexes higher on shortened trading day

(Newser) - Stocks closed higher on Wall Street in a shortened trading day ahead of the Christmas holiday, led by gains in Big Tech stocks.
  • The S&P 500 rose 65.97 points, or 1.1%, to 6,040.04.
  • The Dow Jones Industrial Average rose 390.08 points, or 0.9%,
...

Honda, Eli Lilly Were Among the Winners on Wall Street

Walmart, PepsiCo were on the losing side

(Newser) - Stocks closed higher on Wall Street at the start of a holiday-shortened week.
  • The S&P 500 rose 43.22 points, or 0.7%, to 5,974.07.
  • The Dow Jones Industrial Average rose 66.69 points, or 0.2%, to 42,906.95.
  • The Nasdaq composite rose 192.29
...

Dow Drops 1,123 Points After Latest Fed Projection

'When the path is uncertain, you go a little slower," Powell says

(Newser) - US stocks sank to their second-worst loss of the year Wednesday after the Federal Reserve signaled that it may deliver fewer interest rate cuts in 2025 than earlier thought.
  • The S&P 500 fell 178.45 points, or 2.9%, to 5,872.16, pulling further from its all-time high
...

Dow Has 9th Drop in a Row for First Time Since 1978

Broadcom, Nvidia were heavy weights on S&P 500

(Newser) - US stock indexes closed lower on Tuesday and gave back some of their stellar gains for the year.
  • The S&P 500 fell 23.47 points, or 0.4%, to 6,050.61, though it's still near its all-time high set earlier this month.
  • The Dow Jones Industrial Average
...

Dow Is on Track to Match Record Set in 1978
Dow May Match
Unwanted 1978 Record
Dec 17, 2024 11:34 AM CST

Dow May Match Unwanted 1978 Record

Index poised to lose ground for 9 straight days

(Newser) - Barring a late-day turnaround, the Dow is poised to do something it hasn't done since the 1970s—log nine consecutive losing days in a row. The index was down more than 200 points in mid-afternoon trading. The last time the Dow had a nine-day losing streak was February 1978,...

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