stock market

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Markets Plunge After Brexit Vote

Dow ends day down 611

(Newser) - Global stocks and the pound plunged after Britons voted to leave the European Union, the AP reports. The Dow Jones industrial average dropped 611 points, or 3.4%, to 17,399 in heavy trading Friday. The Standard & Poor's 500 index fell 75 points, or 3.6%, to 2,... More »

Dow Sinks 500+ at Open

Brexit vote taking a toll on Wall Street, too

(Newser) - The Brexit vote is having the expected effect on the US stock market: The Dow dropped more than 500 points, about 3%, at the open, and the S&P 500 and Nasdaq were similarly tanking, reports Marketwatch . The dismal start follows awful performances at markets around the world as investors... More »

Across the World, a Black Friday

The markets are reeling

(Newser) - Brace yourself for an "ugly open," America, warns MarketWatch in dubbing today "the most volatile and frightening trading day" the world has experienced since China fears rocked markets last August. The Brexit shocker sent Dow Jones futures plunging as much as 700 points, though as of this... More »

Dow Ends Day Up 230

S&P 500, Nasdaq also close higher

(Newser) - Stocks are closing solidly higher on Wall Street, giving the market its biggest gain in a month, as hopes grow that Britons will vote to remain in the European Union. European markets and the British pound also rose Thursday as Britons went to the polls, the AP reports. US government... More »

Dow Ends Day Down 48

S&P 500 also down, Nasdaq up

(Newser) - Stocks closed slightly lower on Wall Street after an early gain faded, the AP reports. Energy companies fell along with the price of oil Wednesday and technology companies slumped following weak reports from Adobe and HP. Adobe gave up 6% and HP lost 5%. FedEx fell 5% after giving a... More »

Markets Edge Higher

Dow, S&P 500, Nasdaq end the day slightly higher

(Newser) - Stocks ended slightly higher after traders were relieved to hear Federal Reserve Chair Janet Yellen say the Fed would remain cautious in raising interest rates, the AP reports. Trading remained subdued Tuesday ahead of Britain's referendum on its membership in the European Union later this week. Energy and telecom... More »

Dow Surges 129 on Hope Britain Will Stay in EU

The NASDAQ rose 36 points

(Newser) - Stocks closed solidly higher as investors grow more optimistic that Britain will remain in the European Union, the AP reports. Industrial and consumer stocks had some of the biggest gains Monday. Prices of bonds, gold, and utility stocks fell as investors dumped ultra-safe assets. The British pound and European stocks... More »

Markets See 2nd Losing Week in a Row

Dow, S&P 500, Nasdaq all close lower

(Newser) - Stocks ended slightly lower on Wall Street, closing out the market's second losing week in a row, the AP reports. Health care and technology stocks did especially poorly on Friday. Giant drugmaker Merck fell 3% and Apple lost 2%, the biggest losses in the Dow Jones industrial average. The... More »

Markets Break Losing Streak

Dow, S&P 500, Nasdaq close higher

(Newser) - Stocks are ending higher, breaking a five-day losing streak, the AP reports. High-dividend stocks like phone companies and utilities rose more than the rest of the market Thursday as bond yields remained low. Verizon Communications and Consolidated Edison each rose 1%. Macy's rose 1% after it reached a tentative... More »

Markets Close Lower for 5th Consecutive Day

Dow, S&P 500, Nasdaq all slip

(Newser) - Stocks extended a losing streak to five days after a decline in late afternoon trading erased an early gain, the AP reports. Utilities and health care stocks fell more than the rest of the market Wednesday. Edwards Lifesciences declined 3%. Whole Foods dropped 5% after the Food and Drug Administration... More »

Markets End the Day Lower

For the 4th consecutive day

(Newser) - Stocks ended modestly lower on Wall Street, extending a losing streak to a fourth day, the AP reports. Traders were worrying about the possibility that Britain would decide next week to leave the European Union. Credit card companies Tuesday fell after Synchrony Financial, the country's largest issuer of store... More »

Markets Close Lower

Dow, S&P 500, Nasdaq all lower for the day

(Newser) - Stocks are closing lower on Wall Street as the market pulls back after three days of gains, the AP reports. Banks led the declines Thursday as long-term interest rates fell, which will make lending money less profitable. Wells Fargo and Bank of America each fell 2%. Restoration Hardware plunged 21%... More »

Markets End the Day Higher

Dow, S&P 500, Nasdaq all gain points

(Newser) - Stocks are closing higher as industrial companies get a boost from the weaker dollar, the AP reports. Caterpillar jumped 1.7% Wednesday, one of the biggest gains in the Dow Jones industrial average. Metals prices rose, sending mining companies higher. Freeport McMoRan climbed 3%. The Dow Jones industrial average gained... More »

Dow Edges Up by 17

S&P 500 up, Nasdaq down

(Newser) - Much of an early gain was gone by the end of trading on Wall Street Tuesday, leaving major indexes with meager gains, the AP reports. Energy stocks did far better than the rest of the market Tuesday as the price of oil closed above $50 a barrel for the first... More »

Dow Ends Day Up 113

S&P 500, Nasdaq also close higher

(Newser) - Stocks closed at a new high for the year after a speech by Federal Reserve Chair Janet Yellen raised doubts over an interest rate hike this month, the AP reports. Stock gains were led by energy companies as prices for oil and gas climbed. Offshore rig operator Transocean jumped nearly... More »

Markets Fall After Weak Jobs Report

Dow, S&P 500, Nasdaq all close lower

(Newser) - Stocks fell and bond prices rose after the government reported a sharp slowdown in hiring last month, the AP reports. The Labor Department also reported Friday that the unemployment rate fell to its lowest level since 2007 as more people stopped looking for work. Banks fell more than the rest... More »

S&P 500 Sees Its Highest Close of the Year

Dow, Nasdaq also close higher

(Newser) - US stock indexes overcame an early wobble and ended slightly higher, giving the Standard & Poor's 500 index its highest close of the year, the AP reports. Health care companies led the rebound Thursday. Energy stocks lagged the rest of the market after a meeting of OPEC ministers failed... More »

US Stocks Eke Out Tiny Gains

The indexes saw gains of 0.1% or less

(Newser) - US stock indexes eked out tiny gains after spending much of Wednesday in the red, the AP reports. Investors sized up new data on the US manufacturing, housing, and automobile industries. Consumer staples companies led the gainers, while telecommunications stocks lagged the rest of the market. Automakers GM and Ford... More »

Despite Last-Day Drop, US Stocks Had a Nice May

Energy companies fell with the price of oil on Tuesday

(Newser) - US stock indexes struggled to a mixed close Tuesday as energy companies fell with the price of oil, overcoming gains in utilities and phone companies. Investors sold household goods makers after a report showed consumers are growing more worried about business and job market conditions. Stocks were lower for most... More »

Markets Close With Mixed Results

Dow down, S&P 500 unchanged, Nasdaq up

(Newser) - US stocks closed mixed Thursday after two straight days of gains, the AP reports. Chemical makers and banks slid while utilities and phone companies gained. Monsanto fell nearly 2% and Dow Chemical fell 1.7%. The chemical sector had gotten a boost earlier in the week on news of a... More »

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