Dow Jones

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Stocks Rise for 6th Straight Day

More than half the losses from earlier this month have been wiped out

(Newser) - Stocks ended an up-and-down day mostly higher Friday, capping a week of strong gains that wiped out more than half of the losses suffered in a series of wild swings in early February, the AP reports. The Standard & Poor's 500 index rose for the sixth day in a... More »

Tech Leads Stocks to 5th Straight Gain

No thanks to energy companies

(Newser) - A surge in marquee technology companies pushed stocks higher again Thursday on Wall Street, giving the market its fifth gain in a row, the AP reports. The Dow Jones industrial average rose more than 300 points. Big increases from Apple, Microsoft, and Cisco drove the tech sector higher, helping to... More »

Market Shakes Inflation Worries, Ends Up

Banks had a good day

(Newser) - Stocks rose for the fourth day in a row Wednesday on Wall Street after shaking off an early stumble following another sign that inflation was picking up slightly, the AP reports. The market started slightly lower but turned higher within the first hour of trading and kept going. The Dow... More »

Stocks Swing Back to Gains, Dow up 330

But Dow and S&P 500 both end week down over 5% overall

(Newser) - Stocks staged a late rally Friday, ending a wild week marked by dramatic point swings on a positive note, the AP reports. The Dow Jones industrial average gained 330 points, or 1.4%, to 24,190. Earlier in the day it had dropped by 500. The S&P 500 gained... More »

Dow Sees 2nd-Worst Point Decline in Its History

But some experts say not to worry

(Newser) - The Dow Jones industrial average plunged more than 1,000 points on Thursday as a weeklong market swoon continued, the AP reports. Worries about inflation set the market rout in motion last Friday, and many market watchers have been predicting a pullback after the market's relentless march higher... More »

Stocks Sink Again Thursday, With Dow Down 600 Points

It's on track for its fifth loss in the last 6 days

(Newser) - Stocks are sinking again Thursday, extending a streak of losses that has yanked the market away from record highs. The Dow Jones industrial average lost 633 points, or 2.5%, as of 1pm ET to 24,267. It's on track for its fifth loss in the last six days.... More »

Stocks End Lower After Wobbly Day

Tech companies hit by some of the biggest losses

(Newser) - Stocks are ending a wobbly Wednesday lower, but with far less volatility than the market has seen over the previous three days, the AP reports. Technology companies posted some of the biggest losses. Apple gave up 2.1% and Facebook lost 2.8%. Energy companies also fell. Exxon Mobil gave... More »

Dow Opens Down 521 Points, but Drop Quickly Eases

As of this writing, the Dow is actually up

(Newser) - Asian markets plunged Tuesday , raising fears of a global sell-off that appeared not entirely unfounded as the markets opened stateside. The Dow opened down 521 points, which the AP reports temporarily put it down 10% from its Jan. 26 high. Stocks quickly began climbing, and were actually positive roughly 15... More »

Asian, European Markets Join Global Sell-Off

It was a rough first day for the new Fed chief

(Newser) - The first day in a new job is often tough—especially when you're the new chief of the Federal Reserve and the Dow Jones has the largest single-day point drop in its history. The 4.6% drop means Jerome Powell is unlikely to have much of a honeymoon period... More »

White House Plays Down Stock Market's Bad Day

As outlets call attention to Trump's previous claims of credit for roaring market

(Newser) - President Trump himself hasn't addressed Monday's miserable day for the stock market, but two White House officials made a point to downplay the trouble and emphasize perspective. "Look markets do fluctuate," said deputy White House press secretary Raj Shah. "But the fundamentals of this economy... More »

Dow Just Had Its Worst Single-Day Point Loss Ever

Index plunges 1,175 points

(Newser) - The Dow had a terrible Friday , and Monday was far worse. The Dow Jones industrial average fell 1,175 points—the largest single-day point drop in its history—to close at 24,345, per the AP . And it could been have been ever rougher: At one point in the afternoon,... More »

Stocks Swoon, Sending Dow Down Over 600 Points

It ends worst week for stocks in 2 years

(Newser) - The stock market closed sharply lower Friday, extending a week-long slide, as the Dow Jones industrial average plunged more than 600 points, the AP reports. Stocks ended their worst week in two years, and the Dow's drop was its biggest in percentage terms since June 2016. Several giant US... More »

After Stumble, Stocks End Bit Higher

Health care stocks down, tech companies up

(Newser) - Stock indexes ended slightly higher Wednesday on Wall Street after overcoming a brief stumble in the afternoon, the AP reports. The dip came after the Federal Reserve released its latest statement on interest rate policy and the economy. The Fed, as expected, held off on raising interest rates. Losses in... More »

Stock Indexes Power to More Record Highs

Technology, health care companies see gains

(Newser) - Stocks surged further into record territory Friday on Wall Street, driven by more gains in technology and health care companies, the AP reports. Chipmaker Intel jumped 10.6% after turning in strong quarterly results. AbbVie, a drugmaker, soared 13.8% after releasing a strong report of its own. Health care... More »

Stocks End a Choppy Day of Trading Mixed

Tech companies held back gains elsewhere

(Newser) - The stock market ended a choppy day of trading Thursday with mixed results as slumping technology companies held back gains elsewhere, the AP reports. The Standard & Poor's 500 notched a tiny gain, enough to mark another all-time high for the widely used index. Safe-play stocks like utilities and... More »

Tech Losses Weigh on US Stock Indexes

And airlines suffered steep losses

(Newser) - US stocks wobbled and finished mostly lower Wednesday on Wall Street as technology companies, including chip-makers, dropped, the AP reports. Industrial companies were weighed down by steep losses in airlines. United Continental plunged 11% after saying it would ramp up passenger capacity to compete with lower-priced airlines. Delta fell 5%... More »

US Stocks Finish Higher

Several major indexes hit new highs Friday

(Newser) - Stocks closed higher Friday on Wall Street, driving several of the major indexes to new highs, the AP reports. Retailers and consumer goods companies led the gainers. Energy stocks fell along with the price of crude oil. Utilities declined as bond yields rose. Lowe's rose 3.5% after naming... More »

Stock Indexes Pull Back Below Records

Thanks to losses in industrial, energy stocks

(Newser) - Stocks closed slightly lower Thursday on Wall Street, pulling the market below the record highs it set the day before, the AP reports. Losses in industrial and energy stocks contributed the most to the modest declines. Boeing lost 3.1% while Kinder Morgan fell 2.9%. La Quinta rose 3.... More »

Dow Has 1st Close Above 26K Points

Tech stocks were some of biggest winners Wednesday

(Newser) - Stocks closed higher Wednesday on Wall Street, sending the Dow Jones industrial average to its first close above 26,000 points, the AP reports. The Dow had traded above that level on Tuesday but wound up closing lower that day. The Dow's surge on Wednesday was driven in part... More »

Dow Jones Blows by 26K

If it closes above milestone, it will set a breathtaking record for 1K-point gain

(Newser) - The Dow Jones Industrial Average opened above 26,000 for the first time Tuesday morning, and the Wall Street Journal reports that the latest 1,000-point rise took only a dizzying and record seven trading days. The asterisk to that record is that it won't be official until the... More »

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