Dow Jones

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Stocks Have 2nd Worst Decline of 2017

Standard & Poor's 500 has biggest drop since May

(Newser) - Stocks had their second-worst drop of the year, led by declines in technology companies, retailers, and banks, the AP reports. The slump Thursday brought the Standard & Poor's 500 index back to where it was on July 11. It was the biggest drop for the benchmark index since May.... More »

One Stock Has Helped Dow's Rise More Than Any Other

It's Boeing, not Apple

(Newser) - The Dow eclipsed 22,000 for the first time in its 121-year history on Wednesday, helped to the mark soon after the opening bell by a strong earnings report from Apple. The index fell below the mark at points during the day but closed in milestone territory at 22,016,... More »

Dow's Latest Feat: Topping 22K, Thanks to Apple

After hitting 21K on March 1

(Newser) - The Dow Jones Industrial Average traded above 22,000 for the first time at the open on Wednesday, and MarketWatch gives some context: Should it close above that mark, it would be the third 1,000-point milestone in a year, the most the Dow has achieved in that span. (Though... More »

Dow Jones Closes at Another All-Time High

Banks, tech lead stocks slightly higher overall

(Newser) - Banks and technology companies posted modest gains on Wall Street, leaving indexes slightly higher at the closing bell, the AP reports. The tiny gains Thursday were enough to mark another all-time closing high for the Dow Jones industrial average. Goldman Sachs and Apple contributed the most to the Dow's... More »

Dow Closes at All-Time High

Stocks close broadly higher on Wall Street

(Newser) - Stocks are closing broadly higher on Wall Street, led by solid gains in big technology companies, the AP reports. Facebook climbed 2.3% Wednesday, and Microsoft rose 1.7%. Airlines rose after United Continental and American Airlines reported solid results for June. United jumped 4.7% and American gained 4.... More »

Weak Retail Report Sends Stocks Mostly Lower

But the Dow hit another record high

(Newser) - Stocks closed mostly lower on Wall Street after a weak report on retail sales got investors worried about the economy, the AP reports. Small-company stocks fell more than the rest of the market Wednesday. High-dividend sectors like consumer goods makers and utilities gained as investors shifted money into lower-risk investments.... More »

US Stocks End Week Down After Wednesday's Big Drop

Despite modest gains Friday

(Newser) - Industrial companies led US stocks broadly higher Friday, extending the market's modest gains from the day before, the AP reports. Investors were cheering solid earnings from several companies. Banks and materials stocks were also up sharply. Energy companies also moved higher as the price of crude oil rose. Deere... More »

Dow Ends Day Up 85

S&P 500, Nasdaq also close higher

(Newser) - Stocks are closing broadly higher on Wall Street, bringing more record high closes for major indexes, the AP reports. Materials companies, banks and oil and gas companies posted solid gains Monday. Halliburton rose 3.7%. Cybersecurity companies were also higher as companies began recovering from a global cyberattack that began... More »

Dow Ends Day Down 23

S&P 500 also closes lower, Nasdaq edges up

(Newser) - Stocks are ending mostly lower as declines in banks and industrial stocks outweigh gains in other sectors, the AP reports. General Electric dropped 2.1% Friday, while Wells Fargo lost 1.3%. Nordstrom became the latest department store operator to turn in disappointing results. The company's stock plunged 10.... More »

Markets End Day Slightly Higher

Dow edges up 5 points

(Newser) - Stock indexes are finishing little changed on Wall Street as losses in materials and health care companies hold back gains in energy and other parts of the market, the AP reports. Fertilizer maker CF Industries gave up 2.3% Monday, and drugmaker Celgene lost 3.3%. Apple jumped 2.7%.... More »

Drop in Price of Oil Cancels Out Other Stock Gains

US stocks end Thursday more or less where they started

(Newser) - Major US stock indexes ended up more or less where they started on Wall Street as big drops in energy companies canceled out gains elsewhere in the market, the AP reports. Energy companies posted sharp losses on Thursday after the price of crude oil plunged 5% to its lowest level... More »

Markets End the Day Slightly Higher

Dow closes up 36

(Newser) - US stock indexes are closing slightly higher as gains in industrial companies are offset by losses in automakers and energy companies, the AP reports. Engine maker Cummins rose 6.1% Tuesday. Automakers were broadly lower after posting weak April sales. Fiat Chrysler lost 4.3% and Ford gave up 4.... More »

Dow Ends Day Down 26

But S&P 500, Nasdaq rise

(Newser) - Stocks closed mostly higher on Wall Street with big technology companies like Apple and banks leading the way, the AP reports. Banks rose along with bond yields Monday after Congress agreed to a deal that will keep the government operating for the rest of the fiscal year. Bank of America... More »

Trump Tax Plan Announcement Wipes Out Early Market Gains

US indexes closed nearly unchanged Wednesday

(Newser) - Stocks closed nearly unchanged as early gains evaporated following the White House's announcement about its tax policy proposals, the AP reports. Corporate earnings were also in focus Wednesday. Overall more stocks rose than fell. Health care companies gained more than the rest of the market. Health insurer Anthem gained... More »

Nasdaq Cracks 6,000 Points for 1st Time Ever

And strong company earnings powered stock gains Tuesday

(Newser) - Stocks closed higher on Wall Street after several big companies reported solid earnings, the AP reports. The gains Tuesday were enough to send the Nasdaq composite index above 6,000 points for the first time. Materials and energy companies rose more than the rest of the market. Caterpillar rose 7.... More »

Dow Ends Day Up 216

Nasdaq hits new record

(Newser) - US stocks joined a worldwide rally after results from the first round of France's presidential election raised expectations that the European Union and euro currency will hold together, the AP reports. Banks and industrial companies led the way higher in US markets Monday. Bank of America jumped 4.1%.... More »

Banks, Phone Companies Drag Stock Market Lower

And one toy maker took a nosedive

(Newser) - The stock market closed slightly lower led by declines in phone companies, banks, and health care providers, the AP reports. Verizon slumped 2.3% Friday, while Bank of America lost 1.6%. In earnings news, Mattel nosedived 13.6% after the struggling toy maker reported a big drop in sales. More »

Stocks Close High on Strength of Banks, Industry

Nasdaq closes at all-time high

(Newser) - Stocks closed solidly higher as investors found plenty to like in the latest earnings reports from financial and industrial companies, the AP reports. Transportation companies did especially well Thursday. Railroad operator CSX jumped 5.6% after releasing surprisingly strong earnings. Makers of basic materials also rose. Paint and coatings maker... More »

Stocks End Lower After Drop in Price of Oil

A weak showing by IBM didn't help

(Newser) - Stocks gave up an early gain and closed mostly lower after a sharp drop in the price of crude oil dragged energy companies down, the AP reports. A weak showing by IBM also weighed on technology stocks Wednesday and tugged the Dow Jones industrial average lower. IBM slumped 4.9%... More »

Health Care, Banks Lead US Stocks Lower

Goldman Sachs fell 4.7%

(Newser) - Stocks closed lower on Wall Street as poor results from Johnson & Johnson, Goldman Sachs, and other companies put a damper on buying, the AP reports. Johnson & Johnson lost 3.1% Tuesday, and drugmaker Cardinal Health slumped 11.5%. Goldman Sachs fell 4.7% after reporting a rare miss... More »

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