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Dow Slips 54 Points After Record Drive

Banks and energy companies suffered more than rest of market

(Newser) - Major US stock indexes closed slightly lower on Wall Street Monday, pulling back from the records they set last week, the AP reports. The Dow Jones industrial average fell 54 points, or 0.3%, to 19,097. The Standard & Poor's 500 index lost 11 points, or 0.5%,... More »

Stocks Continue Fall as Presidential Polls Tighten

The losing streak is at 7 days

(Newser) - The stock market closed moderately lower, extending a losing streak ahead of a contentious US presidential election, the AP reports. Polls showing a tighter race have caused some nervousness on Wall Street, and that funk continued on Wednesday. The Standard & Poor's 500 index, the mostly widely used benchmark... More »

Energy Companies Take Stocks Higher Tuesday

And the Nasdaq closes at a record

(Newser) - Energy companies led US stocks higher Tuesday as investors hoped higher oil prices and bigger profits are on the way, the AP reports. And a number of companies announced deals following the Labor Day holiday. The Dow Jones industrial average picked up 46.16 points, or 0.2%, to 18,... More »

Hiring Slowdown Sends Stocks Higher

Investors hoping Federal Reserve keeps interest rates low

(Newser) - Stocks are closing higher as investors hope that a slowdown in hiring last month will prompt the Federal Reserve to keep interest rates low for longer, the AP reports. Utilities rose more than the rest of the market Friday. High-dividend stocks like utilities would benefit from low interest rates as... More »

Apple Jumps as US Stocks Rise in Late Trading

The market overcame early losses Wednesday

(Newser) - Stocks turned higher in late-afternoon Wednesday, recovering from an early loss, the AP reports. Technology stocks, including Apple and Facebook, posted solid gains, overcoming weakness in consumer staples makers, including Coca-Cola. Energy companies fell along with the price of crude oil. More »

US Stocks Extend Rally to a 3rd Day

Traders are feeling less anxious about Brexit

(Newser) - US stocks closed higher, extending a rally into a third day as traders feel less anxious about Britain's vote last week to leave the EU, the AP reports. Consumer goods makers and utilities were the biggest risers Thursday. And bank stocks rose after getting clearance from the Federal Reserve... More »

Across the World, a Black Friday

The markets are reeling

(Newser) - Brace yourself for an "ugly open," America, warns MarketWatch in dubbing today "the most volatile and frightening trading day" the world has experienced since China fears rocked markets last August. The Brexit shocker sent Dow Jones futures plunging as much as 700 points, though as of this... More »

US Stocks Eke Out Tiny Gains

The indexes saw gains of 0.1% or less

(Newser) - US stock indexes eked out tiny gains after spending much of Wednesday in the red, the AP reports. Investors sized up new data on the US manufacturing, housing, and automobile industries. Consumer staples companies led the gainers, while telecommunications stocks lagged the rest of the market. Automakers GM and Ford... More »

Despite Last-Day Drop, US Stocks Had a Nice May

Energy companies fell with the price of oil on Tuesday

(Newser) - US stock indexes struggled to a mixed close Tuesday as energy companies fell with the price of oil, overcoming gains in utilities and phone companies. Investors sold household goods makers after a report showed consumers are growing more worried about business and job market conditions. Stocks were lower for most... More »

Energy Stocks Lead Broad Rally as Oil Price Soars

It was the first weekly gain for stocks in a month

(Newser) - Stocks are closing out their first weekly gain in four weeks, led by a surge in energy and technology stocks. Oil stocks soared Friday after the price of crude jumped 9%, clawing back more of the ground it has lost since the beginning of the year. Apple led a broad... More »

S&P 500 and Dow Jones End 2015 in the Red

It was the worst finish in years

(Newser) - Stocks are closing out 2015 on a downbeat note. Major US indexes declined on Thursday, the last day of the year, putting a main market benchmark slightly in the red for 2015. The Standard & Poor's 500 index ended the year down about three-quarters of a percent. With dividends... More »

Stocks Rebound as US Confidence Improves

The rising price of oil also helped

(Newser) - US stocks closed broadly higher on Tuesday as traders were encouraged by a pickup in consumer confidence and rising prices for energy. Chesapeake Energy jumped 13% Tuesday and Consol Energy rose 5%. Among retailers, Kohl's climbed 3%. The gains put the Standard & Poor's 500 index back into... More »

Stock Market Sees 3rd Straight Day of Declines

Tech stocks led the dip

(Newser) - A slump in several big technology companies is leaving the stock market broadly lower at the closing bell on Wednesday. Indexes were higher for most of the morning but took a turn lower shortly after midday and stayed negative for the rest of the day. Big tech names fell the... More »

Oil Price Continues to Fall, Takes Stock Market With It

Dow, Nasdaq, and S&P500 all down on Tuesday

(Newser) - Sharp drops in materials and energy shares led to a broad decline in the stock market on Tuesday. The price of crude oil continued to fall, and the US benchmark for crude remained near its lowest level in seven years. Mining stocks in particular were hurt by weak economic news... More »

Strong Job Gains Send US Stock Market Higher

Friday saw 2.1% increases for Nasdaq, Dow, and S&P500

(Newser) - The stock market had its biggest gain since September after the US government reported another solid month of job gains. The encouraging news on the economy Friday paved the way for the Federal Reserve to begin nudging interest rates back toward normal levels at its policy meeting later this month.... More »

Nasdaq Ends Thursday Down 85 Points

Dow and S&P500 also see declines

(Newser) - Stocks fell sharply in the US on Thursday. The Dow Jones industrial average gave up 251 points–or 1.4%–to close at 17,477. The Standard & Poor's 500 index fell 29 points–1.4% – to 2,049. And the Nasdaq declined 85 points–or 1.7%–... More »

Dow Ends Week Up 74

S&P 500, Nasdaq also up

(Newser) - Stocks are closing higher after a day of meandering, giving the market its third straight week of gains. The Dow edged up 74 points, or 0.4%, to 17,215 Friday. The Standard & Poor's 500 index rose nine points, or 0.5%, to 2,033. The Nasdaq composite... More »

Dow Ends Day Up 217

Stocks see best gain in nearly 2 weeks

(Newser) - Stocks are notching their best gain in nearly two weeks as investors respond to some positive earnings surprises. The Dow Jones industrial average jumped 217 points, or 1.3%, to 17,141 Thursday. The Standard & Poor's 500 index rose 29 points, or 1.5%, to 2,023. The... More »

Dow Ends Day Down 157

S&P 500, Nasdaq also down

(Newser) - Stocks are closing lower Wednesday, led by declines in retailers after a disappointing forecast by Walmart. The Dow Jones industrial average gave up 157 points, or 0.9%, to 16,924. The Standard & Poor's 500 lost nine points, or 0.5%, to 1,994. The Nasdaq composite declined... More »

Stock Market Closes Out Best Week of the Year

Dow, S&P 500, Nasdaq all up

(Newser) - The stock market is closing out its best week this year with a modest gain, helped by airlines and industrial companies. The Dow Jones industrial average rose 33 points, or 0.2%, to 17,084 Friday. The Standard & Poor's 500 gained a point to 2,014. The Nasdaq... More »

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