Dow Jones

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Dow Ends Day Down 166

S&P 500, Nasdaq also close lower

(Newser) - Banks led a broad decline on Wall Street as interest rates fell and the stock of a major German bank dropped sharply. Deutsche Bank's US-listed shares slumped 7% Monday after a report that the German government won't intervene with US officials who are pressing the bank to pay... More »

Dow Ends Day Up 98

S&P 500, Nasdaq also close higher

(Newser) - Stocks are closing higher on Wall Street, led by gains in high-dividend stocks a day after the Federal Reserve said it would keep interest rates low, the AP reports. The newly created real estate sector did the best in the Standard & Poor's 500 index Thursday. That group was... More »

Dow Ends Day Up 163

S&P 500, Nasdaq also close higher

(Newser) - Stocks closed solidly higher after the Federal Reserve held off on raising interest rates, the AP reports. The Fed said Wednesday the case for raising rates from their historic lows had strengthened, but said it wanted to see more improvements in the job market. High-dividend stocks such as utilities and... More »

Markets Close Slightly Higher

Led by gains in health care companies

(Newser) - Stocks are ending slightly higher on Wall Street, led by gains in health care companies, the AP reports. The gains the market made on Tuesday, while meager, were enough to break a two-day losing streak. Merck rose 1%, the second-biggest gain in the Dow Jones industrial average. General Electric rose... More »

Dow Ends Day Down 88

S&P 500, Nasdaq also close lower

(Newser) - Stocks are closing lower on Wall Street, led by declines in banks and energy companies, the AP reports. Deutsche Bank plunged 9% Friday after saying it won't pay the $14 billion the US government is asking for to settle claims over its handling of mortgage securities in the run-up... More »

Dow Ends Day Up 177

S&P 500, Nasdaq also close higher

(Newser) - Stocks are closing higher on Wall Street, led by gains in technology and health care companies, the AP reports. Apple rose again Thursday as investors became more optimistic about early sales of its newest iPhone models. The stock is up 12% this week. Among health care stocks, Merck gained 2%.... More »

Dow Ends Day Down 32

S&P 500 down, Nasdaq up

(Newser) - US stocks surrendered early gains and finished mostly lower Wednesday as energy companies skidded with the price of oil, the AP reports. Apple led technology companies higher. The mixed finish came after three days of big, erratic moves. The Dow Jones industrial average fell 31.98 points, or 0.2%,... More »

Dow Ends Day Down 258

S&P 500, Nasdaq also close lower

(Newser) - Stocks are closing lower on Wall Street, led by declines in energy stocks as the price of crude oil took a tumble, the AP reports. The price of oil dropped 3% Tuesday after the International Energy Agency cut its forecast for global demand growth. Oil and gas companies took hefty... More »

Dow Drops 394

S&P 500, Nasdaq also close lower

(Newser) - The stock market stumbled to its biggest loss since June as traders worried that interest rates may finally be heading higher, the AP reports. Stocks that had the most to lose from higher rates suffered the most in the sell-off Friday. Utilities and phone stocks, which investors have sought out... More »

Dow Ends Day Down 47

S&P 500, Nasdaq also close lower

(Newser) - Technology and consumer stocks pulled the broader market slightly lower, even as energy stocks rallied along with the price of oil, the AP reports. Apple slumped almost 3% Thursday, a day after the company released its latest version of the iPhone. Consumer stocks also did poorly. Pier 1 Imports dropped... More »

Dow Ends Day Down 12

S&P 500, Nasdaq also close nearly flat

(Newser) - Stock indexes are closing nearly flat on Wall Street after drifting between small gains and losses most of the day, the AP reports. Investors weighted a mix of new economic data and their implications for a potential Federal Reserve rate hike. Supermarket chains and other consumer-focused companies were among the... 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 »

Stock Market Sees Quiet Start to the Month

Dow, Nasdaq edge up

(Newser) - September got off to a quiet start on Wall Street as stocks ended narrowly mixed after a day of wavering between gains and losses, the AP reports. Utilities and financial stocks ended lower Thursday, but technology and materials companies managed modest gains. Among individual stocks, Campbell Soup sank 6% after... More »

Dow Ends Day Down 53

S&P 500, Nasdaq also close lower

(Newser) - Stocks are closing out their first losing month since February as a quiet summer continues on Wall Street, the AP reports. A thin batch of earnings Wednesday gave investors little to get excited about. Tax preparer H&R Block plunged 11% after reporting revenue that fell short of analysts' estimates.... More »

Dow Ends Day Up 108

S&P 500, Nasdaq also close higher

(Newser) - Banks led the stock market higher Monday as investors anticipate that the Federal Reserve could raise interest rates this year from their historically low levels, the AP reports. That could help banks recover from a long slump by making lending more profitable. The Dow Jones industrial average rose 107.59... More »

Dow Ends Day Down 53

S&P 500 also slips, Nasdaq edges up

(Newser) - Stocks ended mostly lower on Wall Street, giving up a modest gain from earlier in the day after Fed Chair Janet Yellen gave an upbeat assessment of the economy, the AP reports. Yellen, speaking at a conference in Wyoming on Friday, said the case for raising interest rates has strengthened... More »

Markets End the Day Lower

Dow, S&P 500, Nasdaq all fall

(Newser) - More declines in health care stocks are pulling indexes lower on Wall Street, the AP reports. Biotechnology companies continued to fall Thursday as pressure mounts on them over their drug pricing practices. Allergan fell 3% and Celgene lost 2%. Mylan, which has been under fire for steep price increases in... More »

Dow Closes Slightly Lower

S&P 500 also falls, Nasdaq edges up

(Newser) - Stocks are closing mostly lower in light trading, led by declines in energy stocks as the price of crude oil sinks. Halliburton and Transocean each lost 4% Monday, the AP reports. The Nasdaq composite notched a small gain as biotech companies rose following the acquisition of pharmaceutical company Medivation, but... More »

Dow Ends Day Up 60

S&P 500, Nasdaq also close higher

(Newser) - US stocks closed at a record high Monday behind gains for chemical and machinery companies, the AP reports. Energy companies rose as the price of oil continued its recent recovery. Makers of chemicals and mining companies made the biggest gains, and machinery companies and banks followed. Investors sold government bonds... More »

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