Dow Jones

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Stocks Drop as Hopes for Imminent Rate Cuts Fade

Spirit Airlines sank another 22.5%

(Newser) - Wall Street slipped again Wednesday after a stronger-than-expected report on the US economy weakened hopes that easier interest rates would arrive soon.
  • The S&P 500 fell 26.77 points, or 0.6%, to 4,739.21, its second straight drop.
  • The Dow Jones Industrial Average fell 94.45 points,
...

Spirit Airlines Drops 47.1% After Takeover Blocked

Boeing also had a bad day

(Newser) - Wall Street closed lower in a lackluster return to trading Tuesday following a three-day holiday weekend.
  • The S&P 500 fell 17.85 points, or 0.4%, to 4,765.98.
  • The Dow Jones Industrial Average fell 231.86 points, or 0.6%, to 37,361.12.
  • The Nasdaq composite
...

Wall Street Nears Record High Ahead of Inflation Report

Wednesday's winners included WD-40

(Newser) - Wall Street neared a record high Wednesday ahead of a highly anticipated report on inflation, which could show whether all the excitement that's vaulted stocks higher recently is warranted.
  • The S&P 500 rose 26.95 points, or 0.6%, to 4,783.45 and is just 0.3%
...

Nvidia Was a Bright Spot on a Losing Day for Wall Street

JetBlue fells 10.2% after announcing CEO's departure

(Newser) - Most of Wall Street slipped on Tuesday, giving back some of the big gains from the day before.
  • The S&P 500 fell 7.04 points, or 0.1%, to 4,756.50, coming off its best day in nearly two months.
  • The Dow Dow Jones Industrial Average fell 157.
...

Tech Stocks Recover From Last Week&#39;s Losses
Boeing Drops 8% in First
Trading Since Blowout
MARKETS
Jan 8, 2024 3:52 PM CST

Boeing Drops 8% in First Trading Since Blowout

Tech stocks rose as Wall Street clawed back most of its losses from last week

(Newser) - Wall Street rallied Monday to claw back most of the losses from its slow start to the year.
  • The S&P 500 S&P 500 rose 66.30 points, or 1.4%, to 4,763.54 to pull within 1% of its all-time high.
  • The Dow Jones Industrial Average rose
...

Wall Street's Rough Start to the Year Continues

Reports show US economy is cooling

(Newser) - Stocks fell again Wednesday as Wall Street's slow start to 2024 carried into a second day.
  • The S&P 500 fell 38.02 points, or 0.8%, to 4,704.81, though it remains within 2% of its record.
  • The Dow Jones Jones Industrial Average fell 284.85 points,
...

Wall Street Starts 2024 With a Slump
Wall Street Had a
Rough Start to 2024
MARKETS
Jan 2, 2024 3:41 PM CST

Wall Street Had a Rough Start to 2024

Apple had its worst day in nearly 5 months

(Newser) - Wall Street started 2024 with a slump, giving back some of its powerful gains from the year before.
  • The S&P 500 slipped 27.00 points, or 0.6%, to 4,742.83 after coming into the year at the brink of its all-time high
  • The Dow Jones Industrial Average
...

Markets on Course for Hefty Annual Gains
NYT Rises 2.8% After
Suing AI Companies
MARKETS
Dec 27, 2023 3:49 PM CST

NYT Rises 2.8% After Suing AI Companies

Dow hits another record high

(Newser) - Wall Street drifted to a slightly higher close Wednesday as trading remained light on this holiday-shortened week.
  • The S&P 500 rose 6.83 points, or 0.1%, to 4,781.58 .
  • The Dow Jones Industrial Average rose 111.19 points, or 0.3%, to a record high of 37,
...

Wall Street Slams the Brakes on Big Rally
Wall Street Slams
the Brakes on Big Rally
MARKETS
Dec 20, 2023 3:39 PM CST

Wall Street Slams the Brakes on Big Rally

FedEx drops 12% as Dow retreats from record high

(Newser) - Wall Street slammed the brakes on its big rally Wednesday following disappointing profit reports from companies and warnings that the market had simply gone too far, too fast.
  • The S&P 500 fell 70.02 points, or 1.5% to 4,698.35 for its worst loss since beginning a
...

S&amp;P 500 Closes Just Short of Record High
S&P 500 Approaches
Record High
MARKETS
Dec 19, 2023 3:38 PM CST

S&P 500 Approaches Record High

Move from Japan's central bank encourages investors

(Newser) - Wall Street closed higher and held near all-time highs Tuesday amid hopes that moves by Japan's central bank to keep interest rates easy for investors could be a preview for the rest of the world.
  • The S&P 500 rose 27.81 points, or 0.6%, to 4,768.
...

Stocks Close Mixed After 7-Week Winning Streak
US Steel Jumps 26.1%
After Nippon Steel Deal
MARKETS
Dec 18, 2023 3:38 PM CST

US Steel Jumps 26.1% After Nippon Steel Deal

Tech stocks also rose on mixed day for markets

(Newser) - Stocks ended mixed on Wall Street Monday as a seven-week winning streak cooled off. More stocks fell than rose on the New York Stock Exchange.
  • The S&P 500 rose 21.37 points, or 0.5%, to 4,740.56 .
  • The Dow Jones Industrial Average rose 0.86 points, or
...

Dow Hits All-Time High After Fed Remarks
Dow Hits All-Time High
After Fed Remarks
MARKETS
Dec 13, 2023 3:31 PM CST

Dow Hits All-Time High After Fed Remarks

Rate cuts markets have been craving could arrive next year

(Newser) - A powerful rally across Wall Street sent the Dow Jones Industrial Average to a record high on Wednesday after the Federal Reserve indicated that the cuts to interest rates investors crave so much may be coming next year.
  • The Dow jumped 512 points, or 1.4%, to 37,090.24,
...

After Inflation Report, Stocks Hit Highest Level Since Early 2022

Wall Street closes just below record high

(Newser) - Wall Street rose to its highest level since early 2022 on Tuesday, just a bit below its record high, after a report showed inflation in the United States is behaving pretty much as expected.
  • The S&P 500 rose 21.26 points, or 0.5%, to 4,643.70.
  • The
...

Stocks Rise Ahead of Fed&#39;s Final Meeting of the Year
Macy's Jumps 19.4% Amid
Reports of Buyout Offer
MARKETS
Dec 11, 2023 3:38 PM CST

Macy's Jumps 19.4% Amid Reports of Buyout Offer

Stocks rise ahead of Fed's final meeting of the year

(Newser) - Stocks closed higher on Wall Street ahead of the Federal Reserve's last meeting of the year.
  • The S&P 500 rose 18.07 points, or 0.4%, to 4,622.44 on Monday.
  • The Dow Jones Industrial Average rose 157.06 points, or 0.4%, to 36,404.93.
...

Oil Prices Drop Sharply, Weighing Down Energy Stocks

But drop of more than 4% in crude oil price was a big boost for travel stocks

(Newser) - Stocks closed lower on Wall Street Wednesday after another sharp slide for the price of crude dragged down big oil-and-gas stocks. The price of crude oil sank more than 4%, touching its lowest level since June. Marathon Petroleum fell 3.9%. Treasury yields also fell.
  • The S&P 500 fell
...

Robinhood Stock Jumps 10.3% as Interest in Crypto Surges

Major indexes slipped after mixed reports on US economy

(Newser) - Most stocks slipped on Wall Street Tuesday, but the market hung near its highest level in 20 months following a mixed set of reports on the economy.
  • The S&P 500 fell 2.60 points, or 0.1%, to 4,567.18.
  • The Dow Jones Industrial Average fell 79.88
...

General Motors Jumps 9.4% on Mixed Day for Wall Street
General Motors Jumps 9.4%
MARKETS
Nov 29, 2023 3:37 PM CST

General Motors Jumps 9.4%

Automaker says it won't have trouble absorbing costs of new labor contract

(Newser) - Stocks drifted to a mixed close on Wall Street Wednesday as drops in several Big Tech companies offset gains in other parts of the market. Facebook parent company Meta fell 2% and Google's parent company Alphabet gave up 1.6%.
  • The S&P 500 gave up an early gain
...

Stocks Inch Higher After Report on Consumer Confidence
Report on Consumer
Confidence Buoys Wall Street
MARKETS
Nov 28, 2023 3:39 PM CST

Report on Consumer Confidence Buoys Wall Street

Member of Fed board of governors 'increasingly confident' about hitting inflation target

(Newser) - Stocks drifted to a mostly higher close Tuesday following a strong report on consumer confidence and growing hopes that the Federal Reserve is finished with its aggressive interest rate hikes.
  • The S&P 500 rose 4.46 points, or 0.1%, to 4,554.89.
  • The Dow Jones Industrial Average
...

Shopify Jumps 4.4% After Setting Black Friday Record

Major indexes drifted lower after 4-week winning streak

(Newser) - Stocks edged lower on Wall Street as markets looked ahead to updates on inflation and how American consumers are feeling about the economy.
  • The S&P 500 fell 8.91 points, or 0.2%, to 4,550.43 on Monday. The index is coming off a holiday-shortened week and its
...

Dow Rises 117 Points in Half-Day Session
Half-Day Session Ends
4th Winning Week in a Row
MARKETS
Nov 24, 2023 1:52 PM CST

Half-Day Session Ends 4th Winning Week in a Row

Dow rose 117 points, with gains for health care, financial, energy stocks

(Newser) - Stocks drifted to a mixed finish after a half-day trading session capped a holiday shortened week that left the major indexes with their fourth straight winning week.
  • The S&P 500 rose 2.72 points, or 0.1%, to 4,559.34.
  • The Dow Jones Industrial Average rose 117.12
...

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