Dow Jones

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Congratulations, Trump Says, but Not to Biden

President praises administration and nation as Dow breaks 30,000

(Newser) - President Trump had no public appearances scheduled Tuesday before the annual pardoning of the Thanksgiving turkey in the afternoon, but events changed that. With only moments' notice, the president walked into the White House briefing room to make the announcement, the Hill reports. "The stock market Dow Jones Industrial...

Dow Reaches 30K for the First Time
Dow Just Hit
a Major Milestone

Dow Just Hit a Major Milestone

Index reaches 30K for the first time

(Newser) - The Dow hit 30,000 for the first time on Tuesday. The index eclipsed the mark in morning trading, and the Wall Street Journal reports that Monday's shift toward an orderly White House transition was a big factor. "This is very positive," says Luc Filip of SYZ...

Investors Are Seeing the 'Light at the End of the Tunnel'

Latest vaccine developments lifted markets

(Newser) - More encouraging news on the development of coronavirus vaccines and treatments helped power stocks higher on Wall Street Monday, as the market clawed back most of its losses from last week The S&P 500 index rose 0.6%, led by banks, energy, and industrial companies, sectors that have been...

Worries About Virus Surge Drag Markets Down Again

Dow was down 344 points despite good news on vaccine

(Newser) - An afternoon slump left stock indexes broadly lower on Wall Street, erasing early gains, as traders worried anew about the rapid spread of the coronavirus in the US. The S&P 500 lost 1.2%. It was up 0.3% in morning trading and small-company stocks were headed for another...

Wall Street Hits the Brakes After Record High
Amazon's Latest Move
Hits Pharmacy Stocks Hard

MARKETS

Amazon's Latest Move Hits Pharmacy Stocks Hard

Wall Street retreats from record highs

(Newser) - Stocks took a pause on Tuesday from their big rally this month that vaulted them back to record heights. Treasury yields also dipped after a report showed US shoppers spent less at retailers last month than economists expected. The numbers underscore how the coronavirus pandemic is worsening and threatening to...

Dow Closes at Record High
Dow Closes at Record High
MARKETS

Dow Closes at Record High

It jumped 470 points after Moderna vaccine news

(Newser) - The Dow Jones Industrial Average closed at a record high Monday, erasing the last of its pandemic losses, after a second drug company announced encouraging progress on developing a coronavirus vaccine. The Dow jumped 470.63 points, or 1.6%, to 29,950.44. It surpassed its prior closing record...

Dow Sees a Jump After Vaccine News
Vaccine News Has
Dow Jumping Again

Vaccine News Has Dow Jumping Again

Index is up more than 300

(Newser) - The stock market rose last week when Pfizer reported good news about its COVID vaccine. This week is starting out in similar fashion in the wake of Moderna's hopeful vaccine announcement , reports CNBC . The Dow jumped about 350 points, or 1%, to more than 29,800 in the opening...

Wall St. Rally Loses Steam
Wall St. Rally Loses Steam
MARKETS

Wall St. Rally Loses Steam

But tech stocks clawed back some losses

(Newser) - An early rally on Wall Street lost steam by the closing bell Wednesday, leaving major indexes mixed. The S&P 500 rose 0.8%, thanks largely to gains in big technology companies. The Nasdaq rose 2% to 11,786.43, and the Dow Jones industrials edged down 0.1%, or...

Vaccine Hopes Rearrange Market's Winners, Losers

S&P dipped 0.1%; Dow rose 263 points

(Newser) - Stocks downshifted on Tuesday, a day after their powerful worldwide rally, but optimism remained high that the global economy may still be headed for a return to normal. It was the second straight day that rising hopes for a COVID-19 vaccine pushed investors to reorder which stocks they see winning...

Markets Rally Despite Election Limbo
Wall St. Had 'Very Quick'
Reaction to Election
MARKETS

Wall St. Had 'Very Quick' Reaction to Election

Stocks rallied despite unclear results

(Newser) - Stocks rallied on Wall Street Wednesday, sending the S&P 500 index up 2.2%, as investors embraced the upside of more gridlock in Washington. Technology stocks, which have proved impervious to the damage inflicted on other industries by the coronavirus pandemic, led the way higher, the AP reports. The...

Dow Up 555 Points as Clarity Approaches
Dow Up 555 Points
as Clarity Approaches
MARKETS

Dow Up 555 Points as Clarity Approaches

'The markets are neither red nor blue'

(Newser) - Wall Street posted solid gains on Election Day, with sharp rises in morning trading , sending the S&P 500 up 1.8%. More than anything, what investors hope for is a clear winner to emerge relatively soon from the election, the AP reports. Whether that’s President Trump or Joe...

On Election Day, Investors Are in a Good Mood
Dow Is Surging
on Election Day

Dow Is Surging on Election Day

Investors hoping for elections results with little drama

(Newser) - Election Day jitters aren't plaguing Wall Street. The Dow was up more than 600 points in morning trading, more than 2%, and the S&P 500 and the Nasdaq also were up by more than 2%. What the Wall Street Journal reads into this: Investors are betting that Joe...

Stocks Rally Ahead of Turbulent Week
Stocks Rally as Election Looms
MARKETS

Stocks Rally as Election Looms

Dow was up more than 400 points

(Newser) - Stocks notched broad gains on Wall Street Monday as investors looked ahead to Election Day and the potential for a turbulent stretch for markets. The S&P 500 climbed 1.2%, recouping some of its losses from a sharp sell-off last week, as more companies reported stronger profits for the...

Dow Just Had Its Worst Day Since June
Dow Just Had Its
Worst Day Since June
MARKETS

Dow Just Had Its Worst Day Since June

Markets plunge worldwide amid pandemic fears

(Newser) - The Dow Jones Industrial Average dropped 943 points Wednesday as surging coronvirus cases in the US and Europe threaten more business shutdowns and pain for the economy. The S&P 500 dropped 3.5%, its third straight loss. The index has now given up 5.6% so far this week...

Wall Street&#39;s Losses Mount for a Second Day
Wall Street's Losses
Mount for a Second Day
MARKETS

Wall Street's Losses Mount for a Second Day

Dow dropped 222 points

(Newser) - Wall Street's losses mounted for the second straight day Tuesday as momentum slowed on worries about rising virus counts and Washington's inability to deliver more aid to the economy. The S&P 500 fell 0.3% after spending much of the day swinging between small gains and losses....

Dow Drops 650 Points as Virus Cases Surge
Stocks Drop Sharply
Amid 'Perfect Storm'
MARKETS

Stocks Drop Sharply Amid 'Perfect Storm'

Dow drops 650 points as virus cases surge

(Newser) - Stocks fell sharply Monday, deepening last week's losses, as a troubling increase in coronavirus counts put investors in a selling mood. The skid came as doubts mount on Wall Street that Washington will come through with more stimulus for the economy before Election Day, the AP reports. The S&...

Earnings Reports Provide a Lift
Earnings Reports
Provide a Lift
MARKETS

Earnings Reports Provide a Lift

Market welcomes Pelosi's confidence on stimulus bill

(Newser) - Stocks shook off a wobbly start Thursday and ended higher on Wall Street. The S&P 500 climbed 0.5%. Several earnings reports from big US companies came in better than analysts had expected, the AP reports, which helped put investors in a buying mood. Also, House Speaker Nancy Pelosi...

With Fate of Aid Deal Unclear, Stocks Slip Downward
Netflix Stock Drops After
Weak Profit Report
MARKETS

Netflix Stock Drops After Weak Profit Report

It was a much better day for social media firms

(Newser) - Stocks closed lower on Wall Street Wednesday as negotiations continued to drag on in Washington over delivering more aid for the economy. The S&P 500 lost 0.2% Wednesday after spending much of the day wobbling between gains and losses. House Speaker Nancy Pelosi said she’s made progress...

Stocks Close Higher After Strong Company Reports
Solid Earning Reports
Give Markets a Boost
MARKETS

Solid Earning Reports Give Markets a Boost

Netflix, however, had disappointing news

(Newser) - Stocks closed broadly higher Tuesday as Wall Street welcomed a batch of solid earnings reports from US companies. The S&P 500 gained 0.5%, recouping some of its loss from a day earlier. Technology, communication, and financial stocks powered most of the gains, while household goods makers fell, the...

With No Stimulus Likely, Dow Drops 410 Points
With No Stimulus Likely,
Dow Drops 410 Points
MARKETS

With No Stimulus Likely, Dow Drops 410 Points

S&P 500 had its worst day in weeks

(Newser) - Stocks gave up some of their recent gains Monday as Wall Street's hopes that Washington will come through with badly needed aid for the economy before Election Day faded. The S&P 500 dropped 1.6%, its worst day in more than three weeks. The benchmark index had been...

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