stock market

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Major Stock Indexes Close at Record Highs

Dow ends day up 160

(Newser) - Major US stock indexes are closing at more record highs on Wall Street, the AP reports. The gains Tuesday were broad. Technology and health care companies rose more than the rest of the market, and several stocks were moving on earnings news. Apple rose 1.9% and Facebook rose 1.... More »

Dow Ends Day Up 72

Stocks close modestly higher

(Newser) - Stocks closed modestly higher, led by gains in banks and technology companies, the AP reports. Chipmaker Cavium jumped 11% Monday after agreeing to be acquired by Marvell Technology. Retailers were also in the winning column as investors hoped that shoppers would be spending more this holiday season. Companies that make... More »

Stocks Close Lower, Led by Drops in Tech

S&P 500 has second straight weekly loss

(Newser) - Stocks are closing lower on Wall Street, led by drops in technology companies, as the market gives back some of its big gain from a day earlier, the AP reports. Intel lost 2.2% Friday and Google's parent company Alphabet fell 1.2%. Health care and industrial stocks also... More »

Nasdaq Closes at Record High

Market's two-day losing streak is broken

(Newser) - Stocks are closing solidly higher on Wall Street, driven by strong earnings from Walmart Stores, Cisco Systems, and other companies, the AP reports. The gains Thursday broke a two-day losing streak for the market and pushed the Nasdaq composite to another record high, its first in just over a week.... More »

As Tech Companies Go, so Go US Stocks

Losses for both Wednesday

(Newser) - Technology companies led a broad slide for US stocks Wednesday, extending the markets losses from a day earlier, the AP reports. Big tech names, which have far outpaced the rest of the market this year, took modest losses. Chipmaker Nvidia lost 2%. Companies that make consumer products also were big... More »

Slumping Energy Sector Pulls Stocks Lower

Crude oil prices experienced sharp drop

(Newser) - Slumping energy stocks pulled the broader market slightly lower Tuesday, erasing small gains from the day before, the AP reports. A sharp drop in crude oil prices Tuesday weighed down the energy sector. Range Resources dropped 6.6% and Newfield Exploration gave up 7.1%. Disappointing results or outlooks from... More »

Stock Indexes Close Modestly Higher

Dow ends day up 17

(Newser) - Stock indexes closed modestly higher as gains for consumer and household goods companies were partly offset by losses in industrial and energy stocks, the AP reports. Mattel soared 21% Monday on a report that Hasbro offered to buy the rival toymaker. General Electric slumped 7% after cutting its dividend and... More »

Stocks Close Slightly Lower

Market's 8-week winning streak ends

(Newser) - Stocks are closing slightly lower Friday as the market's eight-week winning streak comes to an end, the AP reports. Companies that make medical devices and health care equipment declined after an analyst said Amazon may shake up their industry over the next few years. Medtronic fell 1.8% and... More »

Stocks Close Lower With Sharp Tech Losses

Dow ends day down 101

(Newser) - Stocks are closing lower Thursday, with technology and industrial companies taking the sharpest losses after Senate Republicans surprised Wall Street by proposing a delay in cutting corporate taxes, the AP reports. EBay slid 3.5% and Microsoft fell 0.6%. Among industrial companies, Johnson Controls sank 6.1% and Boeing... More »

Stocks Close Slightly Higher

Video game makers give tech companies a boost

(Newser) - US stock indexes are finishing with small gains Wednesday as video game makers gave technology companies a boost and household goods companies also rose, the AP reports. Grand Theft Auto maker Take-Two Interactive jumped 10.6% after it announced strong sales. Activision Blizzard rose 5.9% after it said the... More »

Dow Inches Up to New Record as S&P 500, Nasdaq Edge Down

Russell 200 index of smaller companies sinks 1.3%

(Newser) - Stocks are closing mostly lower as smaller companies and banks took their worst losses in a few months, the AP reports. Online travel company TripAdvisor tumbled 22% and competitor Priceline fell 14% Tuesday after TripAdvisor reported weak revenue and Priceline's quarterly forecast disappointed investors. The Russell 200 index of... More »

All 3 Major Indexes Set New Records

Saudi upheaval sends crude prices to 2-year highs

(Newser) - Stocks are closing at new records Monday as upheaval in oil-rich Saudi Arabia sent crude prices to two-year highs, the AP reports. Chipmakers and media companies climbed on deal reports while phone companies sank. Chipmaker Qualcomm rose 1% Monday, off earlier highs, after competitor Broadcom offered to buy it for... More »

Health, Tech Companies Push Stocks to Record Highs

S&P 500 has risen for 8 straight weeks

(Newser) - Stocks are closing at record highs as technology and health care companies rise, the AP reports. Apple jumped 2.7% Friday after a strong quarterly report and forecast. Health care companies broke out of a recent slump. Medical device maker Abbott Labs rose 2%. The Labor Department said employers added... More »

Stocks Closed Mixed on Wall Street

And House Republicans' tax proposals didn't help

(Newser) - Stocks closed mixed Thursday as investors pored over House Republicans' tax proposals and a disappointing round of company results, the AP reports. Rubbermaid owner Newell Brands plunged 27% and generic drugmaker Teva Pharmaceutical Industries dropped 20%. Both cut their annual forecasts following weak third quarter reports. Homebuilders fell after Republicans... More »

Stocks Close Mixed on Wall Street

Energy, raw-material companies saw gains

(Newser) - Stocks closed mixed Wednesday as energy and raw-material companies rose and smaller stocks slipped, the AP reports. Energy companies, which have missed out on the market's gains this year, rose. Concho Resources rose 4.5%. High-dividend stocks like utilities and telecommunications companies fell. CenturyLink lost 6%. More »

Food, Tech Companies Lead Stocks Higher

Nasdaq closes at record high

(Newser) - Stocks are closing higher as food and tech companies climb, the AP reports. Oreo cookie maker Mondelez jumped 5.7% Tuesday after a strong quarterly report, and Pop Tarts maker Kellogg leaped 6.1%. Apple rose 1.4% to another record high and chipmaker Micron Technology added 6.4%. Industrial... More »

Stocks Closing Lower as Drugmakers Fall

Dow ends day down 85

(Newser) - Stocks are closing lower on Wall Street as health care companies and smaller firms tumbled, the AP reports. Drugmaker Merck fell 6.1% Monday after it withdrew a marketing application for its drug Keytruda in Europe. Smaller companies skidded. The Russell 2000 index fell 1.2% to 1,490. That... More »

Tech Companies Lead Stock Rally

Dow ends day up 33

(Newser) - Technology companies are leading a stock market rally on Wall Street Friday as investors applaud third-quarter reports from big names including Microsoft and Google's parent company Alphabet, the AP reports. Investors also cheered a report Friday that showed the US economy grew by a stronger than expected 3% in... More »

Drug Makers Down, Banks Up on Wall Street

Technology also fared well Thursday

(Newser) - Stocks closed higher Thursday on Wall Street led by technology companies and banks, but drug makers and distributors tumbled, the AP reports. Aetna surged nearly 12% after the Wall Street Journal reported it's in talks to be acquired by drugstore chain CVS. McKesson fell 5.2% after a report... More »

Sharp Losses on Wall Street for Tech and Industrial Firms

Banks didn't fare too well either on Wednesday

(Newser) - Stocks closed sharply lower Wednesday on Wall Street as technology and industrial firms as well as banks took sharp losses amid weak quarterly earnings, the AP reports. Chipmaker Advanced Micro Devices sank 13.4% Wednesday and network equipment maker Juniper Networks fell 6.1% as their fourth-quarter forecasts disappointed investors.... More »

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