S&P 500

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Tech, Travel Stocks Slide as Energy Firms Make Gains

Dow slipped 62 points

(Newser) - Stocks ended mixed after a day of wavering between gains and losses Monday as the market cools off following a rare winning week . Declines in technology and communication stocks, and in several big retailers and travel-related companies weighed on the market. Those losses checked gains in energy stocks and elsewhere....

Energy Stocks Pull Markets Lower After Oil Price Drop

Dow fell 47 points

(Newser) - Stocks gave up an afternoon gain and ended slightly lower on Wall Street Wednesday. Energy companies helped pull the market lower after crude oil prices sank. Investors closely watched testimony to Congress from Federal Reserve Chair Jerome Powell. He reaffirmed the central bank’s determination to raise interest rates and...

Wall Street Regains Ground After Last Week&#39;s Losses
Dow Rises Back Above 30K
MARKETS
Jun 21, 2022 3:56 PM CDT

Dow Rises Back Above 30K

Stocks were broadly higher in first trading day since last week's heavy losses

(Newser) - Stocks closed higher on Wall Street Tuesday, clawing back some of the ground they lost last week in their worst weekly drop since the beginning of the pandemic. The S&P 500 rose 2.4%. It’s still 21.5% below the record high it set in January. Markets will...

Stocks Rally After Fed&#39;s Big Rate Hike
Stocks Rebound After
Fed's Big Rate Hike
MARKETS
Jun 15, 2022 3:40 PM CDT

Stocks Rebound After Fed's Big Rate Hike

S&P 500 rose 1.5%

(Newser) - Stocks rallied in a roller-coaster day of trading on Wall Street Wednesday after the Federal Reserve hiked interest rates by the biggest margin since 1994, but also said such mega-hikes would not be common. The Fed did signal that more increases are on the way as it tries to tackle...

Stocks Dip Deeper Into Bear Market
Stocks Continue Slide
Ahead of Big Fed News
MARKETS
Jun 14, 2022 3:38 PM CDT

Stocks Continue Slide Ahead of Big Fed News

Dow dropped another 152 points

(Newser) - Wall Street closed mostly lower on Tuesday, a day after tumbling into a bear market on worries that high inflation will push central banks to clamp the brakes too hard on the economy. The S&P 500 slipped 0.4% after another day of unsteady trading. Investors are bracing to...

Wall Street Is Now in a Bear Market
Wall Street Is Now
in a Bear Market
MARKETS
Jun 13, 2022 3:32 PM CDT

Wall Street Is Now in a Bear Market

Indexes, cryptocurrencies plunge worldwide

(Newser) - Wall Street entered a bear market Monday as the S&P 500 sank 3.9%, bringing it more than 20% below the record high it set in January. Fears about a fragile economy and stubbornly high inflation have slammed the stock market in recent days and sent Treasury yields surging...

After Gloomy Forecasts, Stocks Lose This Week's Gains

Inflation is starting to hit retail sales

(Newser) - Stocks fell broadly on Wall Street Wednesday, erasing most of their gains for the week, as investors were discouraged to see more evidence of inflation’s impact on businesses and another gloomy outlook on the global economy. The S&P 500 index fell 44.91 points, or 1.1%, to...

Kohl&#39;s Jumps 8.2% Amid Buyout Talks
Kohl's Jumps 8.2%
Amid Buyout Talks
MARKETS
Jun 7, 2022 3:49 PM CDT

Kohl's Jumps 8.2% Amid Buyout Talks

Dow rises 264 points as investors shake off worries

(Newser) - Stocks closed higher Tuesday after another wobbly day on Wall Street. Investors shook off worries about the economy and rising interest rates to lift the S&P 500 nearly 1%, after bouncing back from an early loss of the same size. Technology stocks were some of the biggest forces lifting...

Stocks Edge Upward as Outlook Remains Murky
Stocks Edge Upward as
Outlook Remains Murky
MARKETS
Jun 6, 2022 4:00 PM CDT

Stocks Edge Upward as Outlook Remains Murky

Solar panel firms were among the day's winners

(Newser) - US stocks ticked higher Monday as Wall Street keeps wrestling with whether the economy will successfully avoid a recession amid rising interest rates and high inflation. The S&P 500 rose 12.89 points, or 0.3%, to 4,121.43 after swinging through another day of erratic moves, in...

Jump in Treasury Yields Rattles Wall Street
Jump in Treasury Yields
Rattles Wall Street
MARKETS
Jun 1, 2022 3:44 PM CDT

Jump in Treasury Yields Rattles Wall Street

Dow gave up 282-point gain to finish down 177 points

(Newser) - A swift jump in Treasury yields rattled Wall Street Wednesday, weighing down stock indexes at the start of another month in what’s been a turbulent year. The S&P 500 fell 0.7% after an early morning gain quickly vanished. Stocks began their slide immediately after the release of...

Stocks Close Out a Messy Month
Stocks Close Out
a Messy Month
MARKETS
May 31, 2022 4:00 PM CDT

Stocks Close Out a Messy Month

May saw some massive swings

(Newser) - Wall Street ended lower after another wobbly day on Tuesday, closing out a rocky month. The S&P 500 fell 0.6%, having recouped about half of its loss from earlier. The index managed to eke out a tiny gain for May but only after several abrupt swings. Last week...

CEO Pay Took an Eye-Popping Jump Last Year

Typical compensation package for those at helm of S&P 500 companies soared 17.1%

(Newser) - Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting. The typical compensation package for chief executives who run S&P 500 companies soared 17.1% last year, to a median $14.5 million, according to data analyzed for the AP...

Airline's Stock Soars After JetBlue Announces Hostile Bid

Spirit Airlines was up 13.6%

(Newser) - Stocks ended another wobbly day mostly lower on Wall Street Monday, extending a losing streak for markets. The S&P 500 couldn’t hold on to an afternoon gain and ended down 0.4%. The benchmark index is coming off a six-week losing streak. Tech companies were among the biggest...

Stocks Drop After Inflation Report Is Worse Than Feared

Tech stocks led the way down

(Newser) - Stocks fell on Wall Street Wednesday, led by more drops in technology companies, after a report on inflation came in worse than feared. The S&P 500 fell 65.87 points, or 1.6%, to 3,935.18. The Dow Jones Industrial Average fell 326.63 points, or 1%, to...

Peloton Drops 8.7% After Reporting Fall in Sales

Tech gains helped S&P 500 revere slide

(Newser) - Stocks ended mixed on Wall Street Tuesday after a rally in technology companies helped reverse most of an early slide. The S&P 500 wound up 0.2% higher after giving up most of an early gain of 1.9%. It also traded in the red around midday. Big technology...

Wall Street&#39;s Losses Worsen
Wall Street's 
Losses Worsen
MARKETS
May 9, 2022 3:36 PM CDT

Wall Street's Losses Worsen

S&P 500 is at its lowest in more than a yer

(Newser) - Stocks deepened their losses on Wall Street Monday, sending the S&P 500 to its lowest close in more than a year. The benchmark index is coming off its fifth weekly loss in a row as renewed worries about China’s economy piled on top of markets already battered by...

After Fed Chair's Remarks, Stocks Soar to Biggest Gain in 2 Years

Jerome Powell downplayed chances of even bigger rate increase

(Newser) - Stocks soared to their biggest gain in two years Wednesday and bond yields dropped after Federal Reserve Chair Jerome Powell downplayed the likelihood of an even larger rate increase than the one announced Wednesday. That allayed concerns that the central bank was on its way to a massive increase of...

Investors Are 'Positioning' Ahead of Fed Rate Decision

Indexes edged higher Tuesday

(Newser) - Stock closed modestly higher on Wall Street Tuesday as investors await Wednesday’s decision by the Federal Reserve on interest rates. The S&P 500 rose 20.10 points, or 0.5%, to 4,175.48. The Dow Jones Industrial Average rose 67.29 points, or 0.2%, to 33,...

Late Rally From Tech Stocks Erases Early Wall St. Slump

Bond yields hit highest level since 2018

(Newser) - A late rally in big technology stocks erased an afternoon slump on Wall Street and left major indexes moderately higher. The uneven start to May followed a brutal April in which widespread technology sell-offs dragged down major benchmarks. Facebook’s parent company and chipmaker Nvidia each rose 5.3%. The...

Tesla Stock Slumps 12.2%
Tesla Stock Slumps 12.2%
MARKETS
Apr 26, 2022 3:54 PM CDT

Tesla Stock Slumps 12.2%

Investors worry Twitter buy will distract Musk

(Newser) - More sharp declines in Big Tech stocks sent the Nasdaq composite down 4% Tuesday, the worst drop for the tech-heavy index since September 2020. The Nasdaq is now down 20% so far this year as investors shun the ultra-pricey tech sector, which had made gangbuster gains for much of the...

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