stock market

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Stocks Rise on Hopes of Debt Ceiling Deal
Stock Jump on Hopes
of Deal on Debt Limit
MARKETS
May 17, 2023 3:44 PM CDT

Stock Jump on Hopes of Deal on Debt Limit

Target rises 2.6% after reporting encouraging figures

(Newser) - Wall Street rose Wednesday along with hopes that the US government can avoid a default on its debt. The S&P 500 rose 48.87 points, or 1.2%, to 4,158.77. The Dow Jones Industrial Average rose 408.63 points, or 1.2%, to 33,420.77. The...

Home Depot,Energy Stocks Weigh Down Market
Home Depot Adds to
Wall Street's Worries
MARKETS
May 16, 2023 3:45 PM CDT

Home Depot Adds to Wall Street's Worries

Retailer drops 2.2% after warning of flagging sales

(Newser) - Stocks on Wall Street sank Tuesday after Home Depot warned of flagging sales, the latest discouraging signal for an economy under pressure. The S&P 500 fell 26.38 points, or 0.6%, to 4,109.90. The Dow Jones Industrial Average dropped 336.46, or 1%, to 33,012....

Stocks Edge Higher Ahead of Key Spending Report
Stocks Drift Higher
Ahead of Spending Report
MARKETS
May 15, 2023 3:49 PM CDT

Stocks Drift Higher Ahead of Spending Report

But investors are still worried about banking system, possible US debt default

(Newser) - Wall Street ticked higher Monday ahead of reports that will show how much a slowing economy is hurting what’s prevented a recession so far: solid spending by US households. The S&P 500 rose 12.20, or 0.3%, to 4,136.28, the latest tick higher in what'...

Nervous Consumers Put a Damper on Wall Street
Nervous Consumers Put
a Damper on Wall Street
MARKETS
May 12, 2023 3:20 PM CDT

Nervous Consumers Put a Damper on Wall Street

All the major indexes fall slightly

(Newser) - Wall Street ended a listless week on a sour note Friday, though losses were trimmed to modest ones in late trading. Disappointing consumer sentiment contributed to the generally downbeat day.
  • The Dow slipped 8 points to 33,300.
  • The benchmark S&P 500 fell 6 points to 4,124 for
...

Stock Market Slips, and Disney Gets the Blame
Stock Market Slips,
and Disney Gets the Blame
markets
May 11, 2023 3:15 PM CDT

Stock Market Slips, and Disney Gets the Blame

Company lost streaming subscribers, which worries analysts

(Newser) - Wall Street slipped on Thursday, weighed down by a sharp drop for the Walt Disney Co. and flaring fears about the health of some US banks.
  • The Dow fell 221 points, or 0.6%, to 33,309.
  • The S&P 500 fell 7 points, or 0.1%, to 4,130.
...

Big Tech Stocks Rise After Good News on Inflation

But Airbnb was on the losing side

(Newser) - Wall Street closed slightly higher Wednesday after a report showed inflation is making strides toward easing, even if it remains too high. The S&P 500 rose 18.47, or 0.4%, to 4,137.64 after swinging between gains and losses through the day. The Dow Jones Industrial Average...

Palantir Technologies Reports 'Unprecedented' Demand for AI Platform

Company's stock jumps 23.4%

(Newser) - Wall Street dipped on Tuesday following some mixed earnings reports, as stocks remain roughly where they’ve been stuck for more than a month. The S&P 500 fell 18.95 points, or 0.5%, to 4,119.17. The Dow Jones Industrial Average lost 56.88, or 0.2%,...

Stocks Finish Mixed as Market Awaits Reports
Stocks Finish Mixed
as Market Awaits Reports
MARKETS
May 8, 2023 3:27 PM CDT

Stocks Finish Mixed as Market Awaits Reports

Tyson Foods is among companies with disappointing results

(Newser) - Wall Street had a so-so day Monday, ahead of a week full of reports on some of the market's biggest worries, including how stubbornly high inflation remains across the economy.
  • The Dow fell 55.69 points, or 0.2%, to 33,618.69.
  • The S&P 500 rose 1.
...

Dow Has a Strong Friday, Thanks to Apple
Dow Has a Strong Friday,
Thanks to Apple
MARKETS
May 5, 2023 3:16 PM CDT

Dow Has a Strong Friday, Thanks to Apple

Index rises more than 500 points

(Newser) - Apple led Wall Street to its biggest rally in nearly four months Friday after the market's most influential company reported a better profit than expected. Stocks of beaten-down banks are also leaping to recover a smidgen of their sharp losses from a brutal week, per the AP .
  • The Dow
...

Dow Turns Negative for 2023 on Bank Worries
Dow Turns Negative
for 2023 on Bank Worries
MARKETS
May 4, 2023 3:14 PM CDT

Dow Turns Negative for 2023 on Bank Worries

Index falls 286 points

(Newser) - Stocks sank on Wall Street on Thursday as worries about the US banking system intensified:
  • The Dow fell 286 points, or 0.8%, to 33,127.
  • The S&P 500 fell 29 points, or 0.7%, to 4,061.
  • The Nasdaq fell 58 points, or 0.4%, to 11,966.
...

Stocks Drop After Fed&#39;s Latest Rate Hike
Stocks Drop After
Fed's Latest Rate Hike
MARKETS
May 3, 2023 3:54 PM CDT

Stocks Drop After Fed's Latest Rate Hike

Wall Street hopes this will be the last one

(Newser) - Stocks dipped Wednesday after the Federal Reserve announced its latest hike to interest rates but said it’s not sure what may come next. The S&P 500 fell 28.83, or 0.7%, to 4,090.75. The Dow Jones Industrial Average lost 270.29, or 0.8%, to...

Banks Tumble as Wall Street&#39;s Worries Grow
Banks Tumble
as Wall Street's
Worries Grow
MARKETS
May 2, 2023 3:42 PM CDT

Banks Tumble as Wall Street's Worries Grow

Dow drops 367 points

(Newser) - Stocks slumped Tuesday after shares of beleaguered banks tumbled again and worries worsened about the economy. Rising fear sent yields sinking in the bond market, while Wall Street waited for the Federal Reserve’s latest move on interest rates and Washington edges closer to what would be a catastrophic default...

First Republic Deal Doesn&#39;t Move Stocks
First Republic Deal
Doesn't Move Stocks
markets
May 1, 2023 4:03 PM CDT

First Republic Deal Doesn't Move Stocks

Shares of JPMorgan Chase rise 2% after purchase

(Newser) - The latest historic US banking failure made few waves in markets, and stocks drifted Monday as Wall Street braces for what it hopes will be the last hike to interest rates for a long time. The S&P 500 was virtually unchanged after regulators seized First Republic Bank and sold...

Another Spike Helps Dow to a Winning Month
Another Spike Helps
Dow to a Winning Month
MARKETS
Apr 28, 2023 3:20 PM CDT

Another Spike Helps Dow to a Winning Month

Index reclaims 34,000

(Newser) - Wall Street rose again Friday on another batch of corporate profit reports that mostly topped expectations, per the AP .
  • The S&P 500 rose 34 points, or 0.8%, to 4,169.
  • The Dow rose 272 points, or 0.8%, to 34,098.
  • The Nasdaq rose 84 points, or 0.
...

Markets Just Had Best Their Day Since January
Markets Just Had Their
Best Day Since January
MARKETS
Apr 27, 2023 3:14 PM CDT

Markets Just Had Their Best Day Since January

Facebook parent company Meta leads the way after strong earnings report

(Newser) - Wall Street logged its best day since January on Thursday after Meta Platforms—parent of Facebook—became the latest Big Tech company to blow past profit expectations.
  • The benchmark S&P 500 rose 79 points, or 1.9%, to 4,135.
  • The Dow rose 524 points, or 1.5%, to
...

Microsoft Rally Helps Limit Wall St. Losses
Big Tech Rally Helps
Stem Wall St. Losses
MARKETS
Apr 26, 2023 4:06 PM CDT

Big Tech Rally Helps Stem Wall St. Losses

First Republic Bank took another big hit

(Newser) - Wall Street closed lower again on Wednesday, though a rally for Microsoft and some other Big Tech stocks helped limit the losses. The S&P 500 dropped 15.64 points, or 0.4%, to 4,055.99. The Dow Jones Industrial Average fell 228.96, or 0.7%, to 33,...

Wall Street Just Had Its Biggest Drop in a Month
First Republic Bank
Plunges Almost 50%
MARKETS
Apr 25, 2023 3:40 PM CDT

First Republic Bank Plunges Almost 50%

UPS drops 10% on Wall Street's worst day a month

(Newser) - Wall Street had its biggest drop in a month Tuesday as investors worried about company profits and the state of the economy. The S&P 500 fell 65.41 points, or 1.6%, to 4,071.63. The Dow Jones Industrial Average fell 344.57 points, or 1%, to 33,...

Fox Drops 2.9% After Tucker Carlson Exit
Fox Drops Sharply After
Tucker Carlson Exit
MARKETS
Apr 24, 2023 3:36 PM CDT

Fox Drops Sharply After Tucker Carlson Exit

A huge week for earnings reports lies ahead

(Newser) - Wall Street remained stuck in its standstill Monday, and stocks again moved only modestly ahead of reports that could offer more direction on where the economy and corporate profits are heading. The S&P 500 edged up by 3.52 points, or 0.1%, to 4,137.04 after barely...

Stocks Inch Up, Ending So-So Week
Stocks Inch Up,
Ending So-So Week
markets
Apr 21, 2023 3:55 PM CDT

Stocks Inch Up, Ending So-So Week

Investors move slowly as they watch for corporate reports

(Newser) - Stocks capped a listless day of trading Friday with slight gains for the major stock indexes, closing out a quiet week on Wall Street highlighted by a batch of mostly mixed corporate earnings reports, the AP reports.
  • The S&P 500 was up 3.73 points, or 0.1%, to
...

Tesla, AT&amp;T Pull Stocks Down
Reports Pull Stocks Down
markets
Apr 20, 2023 3:59 PM CDT

Reports Pull Stocks Down

Tesla, AT&T shares post declines

(Newser) - Stocks on Wall Street dipped Thursday following mixed earnings reports from big companies and more signals the US economy may be slowing, the AP reports.
  • The S&P 500 fell 24.73, or 0.6%, to 4,129.79.
  • The Dow slipped 110.39, or 0.3%, to 33,786.
...

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