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Stocks End Lower After Wobbly Day

Tech companies hit by some of the biggest losses

(Newser) - Stocks are ending a wobbly Wednesday lower, but with far less volatility than the market has seen over the previous three days, the AP reports. Technology companies posted some of the biggest losses. Apple gave up 2.1% and Facebook lost 2.8%. Energy companies also fell. Exxon Mobil gave... More »

Stocks Swoon, Sending Dow Down Over 600 Points

It ends worst week for stocks in 2 years

(Newser) - The stock market closed sharply lower Friday, extending a week-long slide, as the Dow Jones industrial average plunged more than 600 points, the AP reports. Stocks ended their worst week in two years, and the Dow's drop was its biggest in percentage terms since June 2016. Several giant US... More »

After Stumble, Stocks End Bit Higher

Health care stocks down, tech companies up

(Newser) - Stock indexes ended slightly higher Wednesday on Wall Street after overcoming a brief stumble in the afternoon, the AP reports. The dip came after the Federal Reserve released its latest statement on interest rate policy and the economy. The Fed, as expected, held off on raising interest rates. Losses in... 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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

Stock Indexes Gain as Tax Plan Advances

Small-company stocks were big winners Friday

(Newser) - Stocks closed higher Friday on Wall Street as Congressional Republicans put the final touches on a tax overhaul plan, the AP reports. The gains more than wiped out the market's losses from the day before and drove indexes to their latest all-time highs. Small-company stocks, which stand to benefit... More »

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