Dow Jones

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Nasdaq Again Sets a Record

Dow slips 5

(Newser) - Gains in bank stocks left indexes mostly higher on Wall Street, the AP reports. The Nasdaq composite set another all-time high Friday even as the Dow Jones industrial average edged lower. JPMorgan Chase and Bank of America rose about 0.5% and Wells Fargo rose 1.5% after reporting earnings... More »

Dow Ends Day Down 63

Nasdaq's weeklong winning streak ends

(Newser) - Bank stocks led a decline on Wall Street, wiping out much of the market's gains from a day earlier, the AP reports. Banks were hurt by a drop in bond yields Thursday, which will lower interest rates on loans and squeeze banks' profits. Zions Bancorporation lost 2.2%. Energy... More »

Nasdaq Has Risen Every Day This Year

Dow ends day up 98

(Newser) - The stock market ended an up-and-down day with solid gains, led by energy companies as the price of crude oil climbed, the AP reports. Transocean, an oil rig operator, rose 4% Wednesday. Health care stocks fell after President-elect Donald Trump said the government needs to overhaul how it buys drugs... More »

Nasdaq Closes at All-Time High

Dow Jones, S&P 500 fall

(Newser) - Major US stock indexes closed mostly lower on Wall Street, led by energy companies, but gains in the health care and technology sectors edged the Nasdaq composite to another all-time high, the AP reports. Oil and gas companies clocked losses as the prices of energy futures fell. Rig operator Transocean... More »

Dow Comes Within Half a Point of 20K

S&P 500, Nasdaq close at record highs

(Newser) - The Dow Jones industrial average came within half a point of 20,000 but closed below that milestone as an afternoon rally lost momentum, the AP reports. The gains Friday did push two other major indexes, the Standard & Poor's 500 index and the Nasdaq composite, to all-time highs.... More »

Dow Ends Day Down 42

It had been down as much as 131 points earlier

(Newser) - Banks are leading major US stock indexes mostly lower as bond yields slide, the AP reports. Wells Fargo slumped 1.6% Thursday and Bank of America gave back 1.2%. Department stores and mall operators took steep losses after Kohl's and Macy's reported weak holiday-season results and cut... More »

Markets Close With Solid Gains

S&P 500 comes close to record high

(Newser) - Major US stock indexes are closing with solid gains, bringing the Standard & Poor's 500 and another key index just short of setting all-time highs, the AP reports. Companies that make basic materials and consumer-focused stocks like retailers posted the biggest gains Wednesday. Automakers Ford and General Motors each... More »

Markets Usher In 2017 With Broad Gains

Dow ends day up 119

(Newser) - US stocks broke a three-day losing streak Tuesday and ushered in the new year with broad gains, the AP reports. Health care stocks, which struggled for most of last year, climbed higher. The Dow Jones industrial average climbed 119.16 points, or 0.6%, to 19,881.76. The Standard... More »

Stocks End a Strong Year

Though the last day of trading for the year closes on a soft note

(Newser) - US stocks are closing out a solid year following a flat 2015, the AP reports. Indexes ended the last week of 2016 on a soft note, slipping in quiet trading Friday ahead of the New Year's Day weekend. For the year, the Standard & Poor's 500 index climbed... More »

Markets End Day Lower

Dow slips 13

(Newser) - Major US stock indexes ended slightly lower, led by declines in banks and energy stocks, the AP reports. High-dividend stocks like utilities, real estate investment trusts and phone companies rose Thursday as bond yields fell. Sears jumped 10% after the struggling retailer said it had secured a new line of... More »

Markets End the Day Higher

Dow nears 20K

(Newser) - Stocks are closing slightly higher in quiet trading on Wall Street, edging the Dow Jones industrial average closer to 20,000, the AP reports. The gains were broad Tuesday, with materials and technology leading the way. Energy stocks also rose as the price of crude oil moved higher. Bond yields... More »

US Stocks Notch Tiny Pre-Holiday Gains

Led by health care industry

(Newser) - Major US stock indexes managed to post tiny gains in a quiet day of pre-holiday trading, the AP reports. Health care stocks rose more than the rest of the market Friday, while retailers and energy companies fell. Cintas, which supplies companies with uniforms, fell 3% after reporting results that fell... More »

Dow Jones Fails to Reach 20K Thursday

Thanks to retailers losing ground

(Newser) - Stocks are ending slightly lower on Wall Street as a number of retailers lose ground, the AP reports. Bed Bath & Beyond slumped 9% Thursday after reporting weak results, while Chinese e-commerce company Alibaba is down after US regulators again sanctioned the company for sales of counterfeit goods. Software company... More »

Stocks Finish Slightly Down Wednesday

Healthcare companies continue to struggle

(Newser) - Stocks finished slightly lower Wednesday as health care companies continued to struggle, the AP reports. Energy companies bucked the downward trend and rose as the price of natural gas surged on the first day of winter. More »

Stocks Set New Records Tuesday

And the Dow neared 20,000

(Newser) - Stocks set new records Tuesday as big gains by banks and travel companies propelled the Dow Jones industrial average ever closer to the symbolic 20,000 level, which remained just out of reach, the AP reports. Bond yields rose taking interest rates higher. That helped financial firms. Goldman Sachs rose... More »

Markets End the Day Lower

Dow slips down 9

(Newser) - Major US stock indexes ended slightly lower after an early gain faded away, the AP reports. Financial and technology stocks had the biggest declines on Friday, outweighing gains in smaller sectors like utilities and real estate companies. Business software company Oracle dropped 4% after reporting revenue that fell short of... More »

Dow Came Within 50 Points of 20,000

Ended up closing at 19,852

(Newser) - A surge in banks and other financial stocks that stand to benefit from higher interest rates led US indexes higher, the AP reports. The dollar climbed to its strongest level in 14 years Thursday. The price of gold sank on expectations that the Federal Reserve will raise interest rates several... More »

Stocks Dip After Fed Rate Hike

While dollar and bond yields rise

(Newser) - Stocks fell Wednesday after the Federal Reserve raised interest rates on the back of a strengthening job market and surprised investors by increasing its forecast for rate hikes next year, the AP reports. The dollar and bond yields rose sharply. Utilities, real-estate investment trusts, and other high-dividend stocks at risk... More »

Dow Closes Above 19,900 for First Time

Ended day up 115 points

(Newser) - Major US stock indexes set records again Tuesday as energy companies continued to climb following international deals that will cut oil production, the AP reports. Big-name technology companies like Apple and IBM also traded higher as the Dow Jones industrial average closed above 19,900 for the first time. On... More »

Dow Hits Record Close 6th Time in a Row

Energy companies push index to 19,796

(Newser) - Stocks are closing mostly lower on Wall Street, but energy companies rose along with the price of crude oil, and the Dow Jones found its sixth consecutive record close, reports Marketwatch . Gains in Exxon Mobil and Chevron nudged the Dow Jones industrial average to another record Monday, reports the AP... More »

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