stock market

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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 »

Dow Sets Another Record

S&P 500, Nasdaq also close higher

(Newser) - US stocks are closing higher as Caterpillar and 3M lead a rally in industrial companies sparked by strong third-quarter reports, the AP reports. Caterpillar reported better-than-expected third-quarter results and jumped 5% Tuesday. Post-it note maker 3M gained 5.9%. Both raised their annual forecasts. Whirlpool tumbled 10.5% after it... More »

Industrial, Tech Stumbles Push Stocks Lower

Dow ends day down 55

(Newser) - US stocks are closing lower on Wall Street as industrial and technology companies stumble, the AP reports. Industrial companies declined Monday as General Electric fell 6.3%, its biggest loss since 2011. Companies in technology and retail also fell. Facebook lost 2.1% and Amazon shed 1.7%. Toy company... More »

Dow Ends Day Up 165

S&P 500, Nasdaq also close higher

(Newser) - Stocks are closing higher on Wall Street, continuing a record-setting drive for major indexes, the AP reports. Banks and technology companies posted some of the biggest gains Friday. Synchrony Financial jumped 4.2% Friday and Citizens Financial rose 2.4%. Both reported higher earnings than analysts had been expecting. PayPal... More »

S&P 500, Dow Eke Out Gains

Nasdaq slips

(Newser) - Stocks partly recovered from midday losses and finished mixed, barely keeping winning streaks alive for two main indexes, the AP reports. The Standard & Poor's 500 index and the Dow Jones industrial average both edged slightly higher, marking the fifth straight gain for each. Both spent most of the... More »

Dow Closes Above 23K for First Time

Technology companies lead markets higher

(Newser) - Stocks are closing at record heights led by technology companies and banks amid a raft of quarterly earnings reports, the AP reports. The Dow Jones industrial average closed above 23,000 for the first time. IBM jumped 8.9% Wednesday after it reported stronger sales than investors expected. Drug and... More »

Dow Ends Day Up 40

S&P 500 edges up, Nasdaq closes little changed

(Newser) - Stocks are closing slightly higher Tuesday as two major indexes reached new records, the AP reports. Industrial companies and banks slid. Boeing fell 0.4% after rival aircraft maker Airbus took a majority stake on Bombardier's C-series passenger jets. Netflix sank 1.4% as investors worried about its mounting... More »

Dow Makes History

It reaches 23K for the first time

(Newser) - Expect some presidential tweets after this: The Dow reached 23,000 for the first time in its history Tuesday morning. President Trump has been boasting of late about the stock market's rise during his presidency, and MarketWatch reports that the most recent surge seems to be tied to Wall... More »

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