stock market

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Dow, S&P 500 Close at Record Highs

Nasdaq also closes higher

(Newser) - Banks and other financial companies led stocks modestly higher, extending the market's gains from last week, the AP reports. Industrials stocks also rose Monday, while retailers and other consumer-focused companies lagged the most. JPMorgan Chase rose 1.4%, while chipmaker Nvidia jumped 4.1%. Aerospace manufacturer Orbital ATK soared... More »

Dow, S&P 500 Close at Record Highs

S&P 500 has best week since first week of the year

(Newser) - Stocks are closing at more record highs on Wall Street as technology and industrial companies and banks post gains, the AP reports. Apple added 1% Friday, while Boeing moved up 1.5%. The Dow Jones industrial average and Standard & Poor's 500 index closed at record highs. The S&... More »

Stocks End Mixed on Wall Street

But Dow closes at another record

(Newser) - Stocks ended mixed on Wall Street, but a meager gain for the Dow Jones industrial average was enough to mark another record high, the AP reports. Sizable gains for Boeing and United Technologies pushed the Dow slightly higher Thursday, but other indexes ended mostly lower after a day of back-and-forth... More »

All 3 Major Indexes Close at Record Highs

Dow ends day up 39

(Newser) - US stock indexes managed to end slightly higher on Wall Street as gains for retailers and energy companies outweighed declines in health care and technology companies, the AP reports. Target rose 2.8% Wednesday after issuing a bullish hiring forecast for the holiday season. Energy companies rose along with the... More »

Banks Up, Apple Down as Stocks Hit More Record Highs

Banks benefited from higher bond yields

(Newser) - Stocks climbed to more record highs Tuesday on Wall Street, led by big gains in banks, the AP reports. Banks were benefiting from higher bond yields, which allow them to charge higher interest rates on loans. Bank of America gained 2.5% and Wells Fargo rose 1.8%. Chemicals company... More »

Dow Soars 259 After Irma Is Less Than Feared

S&P hits a record high

(Newser) - Relieved investors send stock prices solidly higher on Wall Street Monday, pushing the Standard & Poor's 500 index to another record high. The S&P 500 rose 26 points, or 1.1%, to 2,488. The Dow Jones industrial average also had a strong day, rising 259 points, or... More »

Equifax Breach, Hurricane Irma Weigh on US Stocks

Stocks were little changed Friday

(Newser) - Major US stock indexes wound up pretty much where they started Friday on Wall Street as losses in technology and energy companies outweighed gains in banks and insurers, the AP reports. Equifax plunged 13.7% in heavy trading Friday after the credit monitoring company disclosed a massive data breach. Insurers,... More »

Banks, Insurers Weigh on Stock Market

Stocks closed mixed Thursday

(Newser) - Stocks are closing mixed Thursday as losses for banks and insurers are partly offset by gains in health care and technology companies, the AP reports. Banks fell along with bond yields, which tends to force interest rates on loans lower. Insurance companies fell as investors weighed the prospects of losses... More »

Energy Stocks Lead Gains on Wall Street

Makes up for some of the losses Wednesday

(Newser) - Stocks closed higher Wednesday on Wall Street, recovering some of the market's hefty losses from the day before, the AP reports. Energy companies led the gainers Wednesday, climbing as the price of crude oil rose. Chevron climbed 2.2%. Gains by health care companies and several big retailers also... More »

Stock Market Has Biggest Drop in Almost 3 Weeks

Dow ends day down 234

(Newser) - The stock market had its biggest drop in almost three weeks, led by banks and technology companies, the AP reports. The decline Tuesday follows back-to-back weekly gains. Traders were assessing the growing tensions with North Korea, which conducted another test over the weekend. Energy companies rose along with the price... More »

Weak Jobs Report Helps Stocks Friday

Stocks rose with banks, automakers

(Newser) - US stocks finished higher for the sixth day in a row Friday as a relatively weak jobs report helped banks, car companies, retailers, and others, the AP reports. The Labor Department said employers added 156,000 jobs in August. Investors felt that will help make sure the Federal Reserve won'... More »

Nasdaq Closes at Record High

Dow ends day up 59

(Newser) - Stocks are closing solidly higher for the second day in a row after the government said spending by consumers strengthened, the AP reports. Health care and technology companies made some of the largest gains Wednesday. Drugmaker Biogen jumped 4.2% and Alphabet, Google's parent company, added 1.2%. The... More »

Stocks Climb After Stronger GDP Report

Dow ends day up 27

(Newser) - US stocks are finishing higher, led by technology and health care companies, retail and travel firms, and banks, as investors cheered a report of stronger economic growth. The Commerce Department said Wednesday that the economy grew 3% in the second quarter, more than it previously estimated. Big names helped lead... More »

Stocks Close Higher After Early Losses

Dow ends day up 56

(Newser) - After steep early losses, US stocks are closing higher as technology and industrial companies get a lift from the weaker dollar, the AP reports. The dollar traded at two-year lows Tuesday, which helps companies that make a lot of their sales and profits overseas. Apple rose 0.9% and Raytheon... More »

Harvey Drives Energy, Insurance Companies Down

Dow Jones down 5 points on otherwise quiet trading day

(Newser) - Stocks are finishing little changed on a quiet day of trading as health care companies rise and energy and insurance companies slip, the AP reports. Biotech drug companies rose Monday after Gilead Sciences agreed to buy cancer drug developer Kite Pharma for $11.9 billion. Kite Pharma rose 28% and... More »

Stocks Post Modest Gains

Dow, S&P 500 end the day higher; Nasdaq closes lower

(Newser) - Stocks managed to post modest gains on Wall Street, giving the Standard & Poor's 500 index its first winning week in the last three, the AP reports. The gains were broad Friday, with every sector in the S&P 500 rising except for technology and health care. Design software... More »

Dow Ends Day Down 28

S&P 500, Nasdaq also close lower

(Newser) - A steep drop-off in grocery store operators helped pull stock indexes slightly lower after a day of up-and-down trading, the AP reports. Kroger dropped 8.1% Thursday after Whole Foods Market said its deal to be acquired by Amazon would close on Monday and that the store would begin cutting... More »

Dow Ends Day Down 87

S&P 500, Nasdaq also close lower

(Newser) - Stocks pulled back on Wall Street, giving back some of their gains from a day earlier, the AP reports. Retailers and advertising companies had some of the steepest drops Wednesday as investors worried about their earnings. Lowe's sank 3.7% after reporting second-quarter earnings that were weaker than analysts... More »

Dow Ends Day Up 196

S&P 500, Nasdaq also close higher

(Newser) - Stocks bounced higher on Wall Street, led by gains in big tech companies, health care, and banks, the AP reports. Google parent Alphabet jumped 2%, Vertex Pharmaceuticals rose 4.3%, and Bank of America rose 1.9%. Macy's rose 4.6%after announcing a restructuring and naming a former eBay... More »

Dow Ends Day Up 29

Stocks stabilize

(Newser) - Stocks finished modestly higher on Wall Street as the market stabilized following two straight weeks of losses in the Standard & Poor's 500 index, the AP reports. More industries rose than fell Monday, but the gains were subdued overall. Health care and consumer products companies contributed the most to... More »

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