stock market

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Stock Market Just Had Its Worst Day in Months

Dow falls 362, with health care stocks mostly to blame

(Newser) - The stock market slumped to its worst loss since August on Tuesday, giving back some of the big gains it has posted since the beginning of the year. Health care companies were by far the biggest losers. Insurers, drugmakers, and distributors slumped following news that Amazon was teaming up with... More »

Dow Slides Triple Digits; Investors Fret About Apple

DJIA falls 177

(Newser) - Stocks ended broadly lower on Wall Street Monday, led by declines in technology companies. The Dow Jones industrial average slid 177 points, or 0.7%, to 26,439, while the Nasdaq composite lost 39 points, or 0.5%, to 7,466, and the Standard & Poor's 500 index fell... 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 »

Dow Slips a Bit, but Netflix Stock Soars

Company sees 10% gain on subscriber news

(Newser) - Stocks closed mostly higher Tuesday as gains in technology companies and retailers were partly offset by losses in consumer goods makers. Netflix soared 10% Tuesday after reporting a big gain in subscribers, while Amazon climbed 2.7%. The Standard & Poor's 500 index rose 6 points, or 0.2%,... More »

Shutdown News Lifts Markets to Record Highs

Dow rises 142 to 26,214

(Newser) - Stocks closed higher on Wall Street Monday, setting more all-time highs for major US indexes. Technology, energy, and consumer-focused companies contributed most to the gains, per the AP . Microsoft rose 1.8%, Schlumberger jumped 4.4%, and Amazon rose 2.5%. The market got off to a weak start but... 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 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 »

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