stock market

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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 Cracks 26K, but Can't Sustain It

Industrial, tech stocks slump

(Newser) - Losses by industrial and technology companies pulled stocks lower Tuesday, erasing an early gain that sent the Dow Jones industrial average past 26,000 points for the first time. In the end, the Dow fell 10 points, less than 0.1%, to 25,792, per the AP . The Standard &... 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 »

Banks, Retailers Lead Stock Gains

(Newser) - Rising retailers pushed stocks further into record territory Friday on Wall Street, the AP reports. The Standard & Poor's 500 closed out its seventh week of gains in the last eight. .Bond yields rose following a report that inflation rose more than expected last month. The yield on the... More »

Energy Stocks Lead US Indexes Higher

Price of crude oil hits highest point since 2014

(Newser) - Stocks closed Thursday at more all-time highs as energy companies led the way, the AP reports. The price of crude oil rose again and is the highest it's been since 2014. Chevron climbed 3% and Exxon Mobil rose 1%. Trading was calmer following a wobble the day before, when... More »

Stocks Fade, Ending a New Year's Rally

Standard & Poor's declines for first time in 7 days

(Newser) - A stellar start for the New Year on Wall Street has faded as the market posted its first loss of the year on Wednesday, the AP reports. The slight declines came after six straight gains for the Standard & Poor's 500 index, its longest winning streak to open a... More »

Markets Retain Their New Year's Hot Streak

Dow up another 102 points

(Newser) - The stock market is marking its longest New Year's winning streak in eight years as major indexes continued to notch record highs. The Standard & Poor's 500 rose for a sixth straight day Tuesday, matching the stretch of gains that rang in 2010. The S&P 500 rose... More »

Stocks Close Higher, Led by Technology

It was solid 1st week of 2018 on New York Stock Exchange

(Newser) - Stocks capped a solid opening week of the year with big gains for technology, materials, and energy companies on Friday, the AP reports. Tech stocks, which were the biggest stars of the market last year, continued in that role in the opening week of 2018. Cisco Systems rose 1.4%,... More »

Dow Closes Over 25K for 1st Time Ever

Tech stocks continued to do well Thursday

(Newser) - The Dow Jones industrial average closed above 25,000 points for the first time, just five weeks after its first close above 24,000, the AP reports. Technology companies, which put up some of the biggest gains in the last year, continued to outpace the rest of the market Thursday.... More »

That Was Fast: Dow Breaks 25K Mark for First Time

If it closes above 25K, it'll be a record

(Newser) - The Dow Jones Industrial Average started the day off with a major new milestone, reports the AP , crossing the 25,000 mark for the first time. Should it close above 25,000 on Thursday, it will mark the quickest 1,000-point gain in the index's history, reports the Wall ... More »

Tech Gains Power More US Stock Records

Energy and health care stocks also did well

(Newser) - Stocks closed higher Wednesday on Wall Street and pushed major US indexes to more record highs, the AP reports. Technology companies were once again the main driver of the gains. Chipmaker Nvidia rose 6.6% and business software maker Oracle increased 2.3%. Health care and energy stocks also did... More »

Markets Ring In 2018 by Rising Again

S&P and Nasdaq set records

(Newser) - Stock indexes closed higher on the first trading day of 2018, led by gains in big technology companies. The gains were enough to set all-time highs for the Standard & Poor's 500 index and the Nasdaq composite. The Dow Jones industrial average increased 104 points, or 0.4%, to... More »

Stocks Slip on Last Trading Day of 2017

But Standard & Poor's 500 index closes its best year 4 years

(Newser) - Stocks ended lower on the final trading day of 2017, capping the best year for the Standard & Poor's 500 index in four years, the AP reports. Losses in the technology, financial, and health care sectors outweighed slight gains for consumer products makers Friday. Advanced Micro Devices gave up... More »

Bank Stocks Offer Slight Boost to Indexes

Dow climbs 63 points

(Newser) - US stock indexes ended slightly higher Thursday in light trading as banks posted more gains. The Dow Jones industrial average climbed 63 points, or 0.3%, to 24,837. The Nasdaq composite rose 10 points, or 0.2%, to 6,950. Meanwhile, the Standard & Poor's 500 index rose... More »

Dow Ekes Out Another Gain

Rises 28 points on quiet trading day

(Newser) - Stock indexes ended barely higher on Wall Street Wednesday after a day of quiet, post-holiday trading, per the AP . The Dow Jones industrial average climbed 28 points, or 0.1%, to 24,774. The Nasdaq composite rose 3 points, or 0.04%, to 6,939, and the Standard & Poor'... More »

Slow Trading Day Results in Minor Market Dips

Dow falls, but only by 7 points

(Newser) - Losses in some big technology stocks led major US indexes mostly lower on Wall Street. Trading was quiet Tuesday as investors returned from the Christmas holiday, per the AP . The Standard & Poor's 500 index slipped 2 points, or 0.1%, to 2,680. The Dow Jones industrials fell... More »

Stocks Slightly Lower Ahead of Christmas Holiday

Health care companies and banks fell the most

(Newser) - Stocks closed mostly lower Friday on Wall Street as a subdued week of trading came to a close, the AP reports. Health care companies and banks fell the most. Nike fell 2.3% after reporting disappointing results in its North American business. Trading in bitcoin futures was volatile . Futures dropped... More »

Energy Stocks, Banks Lead Indexes Higher

Stocks closed higher Thursday, erasing losses from day earlier

(Newser) - Stocks closed broadly higher Thursday on Wall Street, erasing modest losses from a day earlier, the AP reports. Energy stocks and banks accounted for most of the gains. Goldman Sachs gained 2.3% and Chevron climbed 3.3%. Retailers also rose. Technology stocks lagged the most. More »

Iced Tea Company's Stock Soars 500% After Name Change

Long Island Iced Tea Corp is no more

(Newser) - A New York-based company saw its shares spike nearly 500% in pre-market trading Thursday after announcing its new focus would be exploring and investing in the technology that underpins cryptocurrencies like bitcoin—which wouldn't be so remarkable but for the fact that it previously made a name for itself... More »

US Stock Indexes Close Mostly Lower

Small-company stocks do well after GOP passes its tax plan

(Newser) - Stock indexes closed mostly lower Wednesday on Wall Street after bouncing around for much of the day, the AP reports. Health care companies and banks fell Wednesday. Drugmaker Pfizer fell 1.3%. Small-company stocks, which stand to benefit most from lower corporate tax rates, rose after Congress passed the Republican-sponsored... More »

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