stocks

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On Quiet Day, Dow Drops 8

Monsanto up 4% after unexpected offer from Bayer

(Newser) - Stocks closed slightly lower Monday after a day of wavering between small gains and losses, the AP reports. Many traders were waiting on the sidelines for more clues about what the Federal Reserve might to at its next policy meeting in June. Last week many were surprised to hear that... More »

Dow's Monday Gains? All Gone

In fact, the whole market has a bad day

(Newser) - Stocks closed lower on Wall Street on Tuesday and undid a rally from the day before, the AP reports. Consumer goods companies and utilities fell the most. Kraft Heinz dropped 4% and Consolidated Edison fell 2%. The losses were broad. Nine of the 10 sectors of the Standard and Poor'... More »

Dow Spikes by Triple Digits

Tech, energy stocks lead the way

(Newser) - Solid gains in energy and technology stocks led Wall Street higher on Monday, breaking a three-day losing streak, the AP reports. Oil companies rallied Monday after the price of crude oil climbed 3%. Marathon Oil jumped 4% and Devon Energy also rose 4%. Apple led tech stocks higher with a... More »

In Rebound, Dow's Up 117

Wynn Resorts, Apollo Education have a good day

(Newser) - Stocks closed solidly higher Monday as the market regained some ground it lost last week, the AP reports. Casino operator Wynn Resorts jumped 7%, one of several consumer stocks to post big gains. Apollo Education, which runs the University of Phoenix, jumped 12% Monday after a group of investors raised... More »

Apple 'Cheerleader' Icahn Dumps All His Stock

Billionaire is worried about China's influence, barriers against company

(Newser) - Just a few years ago, Carl Icahn opened his wallet to invest in Apple, calling such a move a "no-brainer," and became what the Guardian calls a "huge cheerleader" for the tech company. But that all changed this week as the billionaire investor made a decision to... More »

Dow Skids by 26

Xerox takes 13% hit after grim report

(Newser) - US stocks are closing lower Monday as investors found little to like in the latest batch of company earnings. Xerox slumped 13% after reporting a plunge in earnings and cutting its profit forecast, and Perrigo, an Irish drug maker, dropped 18% after cutting its own earnings outlook, citing lower prices... More »

Dow Spikes 106, Energy Sector Gains Ground

Hasbro jumps 6%

(Newser) - Major US stocks indexes are closing higher, led by a recovery in the energy sector. The market had started lower on Monday as the price of oil sank, but turned higher in morning trading and stayed higher for the rest of the day. In addition to energy stocks, health care... More »

Dow Falls by 20 After Early Gains

Investors have low hopes for earnings reports

(Newser) - US stocks gave up an early gain and closed slightly lower as investors hold dim expectations for company earnings. The Dow Jones industrial average had been up more than 150 points but faded in the afternoon Monday. The average slipped 20 points, or 0.1%, to 17,556. The Standard... More »

Dow Drops 55, Stock Soars for Virgin America

Stocks sink overall on slow day for Wall Street

(Newser) - Stock indexes are ending mostly lower in a relatively quiet day of trading on Wall Street. Homebuilder PulteGroup sank 7% Monday on news that the company's CEO will retire next year as part of a management shakeup. Virgin America jumped 40% after agreeing to be acquired by Alaska Air.... More »

Dow Ekes Up 19 Points

It's the slowest day of US trading this year

(Newser) - Stocks closed mostly higher in quiet trading, led by gains in consumer companies. Media stocks rose Monday, as did hotel companies, but energy companies lost ground along with the price of oil. Starwood and Marriott climbed as Chinese insurance company Anbang Insurance Group made another effort to buy Starwood. Avon... More »

Stocks Pick Up After Shaky Morning

Health care and telecommunications stocks rise

(Newser) - Stocks shook off an early loss on Monday to notch their fourth consecutive gain in a row. Investors had their eye on the latest string of deal news, as well as a new report showing US home sales slumped last month, the AP reports. Telecommunications and health care stocks were... More »

Dow Rises 15 Ahead of Big Fed Meeting

But most US stocks hold steady

(Newser) - US stocks barely budged Monday, finishing mixed as lower oil prices pulled energy companies lower while hotels and travel-related companies rose. Trading was quiet ahead of the Federal Reserve's meeting later this week, which is expected to shed some light on the possibility of a future increase in benchmark... More »

Dow Falls 123, Erasing Gains

Nine of 10 market sectors take a tumble

(Newser) - Late-day selling pushed US stocks to a loss for the day and erased nearly all of the market's gains for the month. Nine of the 10 market sectors fell Monday—only utilities managed a slight gain—as investors lost enthusiasm for stocks after two straight weekly gains. Health care... More »

CDC: Cancer Risk From Flooring 3 Times What We Thought

Lumber Liquidators' stock dives after revised CDC report on formaldehyde levels

(Newser) - A certain type of laminate flooring made by Lumber Liquidators may up the risk of cancer, and the company's stocks are taking a beating, CNNMoney reports. Shares fell by up to 24% Monday morning, per Bloomberg and Reuters , after the CDC issued a revised report that found health effects... More »

Stocks Fall Sharply Amid Bank, Tech Selloff

Facebook sinks 4% and Amazon 3%

(Newser) - A steep sell-off in stocks got a little less bad by the end of the day, but it still left indexes down sharply for the second day in a row. Banks and technology shares fell sharply Monday. Facebook sank 4% and Amazon, which more than doubled last year, lost 3%.... More »

Stocks Down as Oil, Gas Prices Plunge

Energy sector takes another blow

(Newser) - Stocks are closing mostly lower after another steep drop in oil and natural gas prices pulled energy companies down. Prices for crude oil and natural gas each slumped about 6% Monday, the latest blow to the beleaguered energy sector. Oil and gas companies took heavy losses. Devon Energy sank 7%... More »

Stocks Slip, Oil Skids 6%

Chevron, Exxon each sink 3%

(Newser) - US stocks are closing lower as the beleaguered energy sector took another blow from falling oil prices, the AP reports. Chevron and Exxon Mobil each fell 3% Monday, among the biggest losses in the Dow Jones industrial average. The price of crude oil dropped nearly 6% to $30 a barrel... More »

Crude Plunges, But Dow's Up 52

Oil ends at just over $31 a barrel

(Newser) - US stocks struggled to end mostly higher, but oil and gas companies were hit by another plunge in the price of crude. Chevron lost 2% and Exxon Mobil fell 1% Monday. Benchmark US oil sank another 5% and ended just above $31 a barrel, its lowest close since December 2003.... More »

Dow Claws Back, But It's Still Bad

Dow Jones ends with worst loss in 2 weeks

(Newser) - It was a gloomy start to the new year on Wall Street as stocks sank as part of a global sell-off . Investors worried about new signs of a slowdown in China and a flare-up in tensions between Saudi Arabia and Iran. That sent the price of oil on another wild... More »

Dow Falls 23 Amid Energy, Mining Decline

Chevron falls 1.8%

(Newser) - Stocks are closing lower, led by declines in energy and mining companies as prices for oil and other commodities fall. Chevron fell 1.8% Monday, the most in the Dow Jones industrial average. Mining company Freeport-McMoRan sank 10% after announcing that its co-founder was leaving. The Dow average lost 23... More »

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