stock market

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McDonald's Drops 5.2% Amid E. Coli Outbreak
It Was a Bad Day for
McDonald's, Coca-Cola
MARKETS
Oct 23, 2024 3:44 PM CDT

It Was a Bad Day for McDonald's, Coca-Cola

Burger chain slumps 5.2% amid E.coli outbreak

(Newser) - US stocks closed lower Wednesday as more steam came out of Wall Street's huge, record-breaking rally.
  • The S&P 500 fell 53.78 points, or 0.9%, to 5,797.42. It was the third loss in a row for the benchmark index, the first time that's happened
...

General Motors Jumps 10.4% in Its Best Day Since 2020
General Motors Jumps 10.4%
MARKETS
Oct 22, 2024 3:55 PM CDT

General Motors Jumps 10.4%

GE Aerospace drops 9% after delivering disappointing revenue forecast

(Newser) - US stock indexes barely budged after a quiet day of mixed trading on Tuesday, though General Motors had its best day in years.
  • The S&P 500 fell 2.78 points, or less than 0.1%, to 5,851.20, marking its first back-to-back loss in a month and a
...

From 13% to 3%: A New Market Forecast Is Bleak

Goldman Sachs predicts next decade's yearly market gains will shrink significantly

(Newser) - Those in the stock market who have watched their portfolios grow by leaps and bounds over the past decade might want to brace for a new normal starting next year. A new analysis by Goldman Sachs is summed up thusly by the Street : "In the immortal words of Willie...

Spirit Airlines Jumps 53.1%
Spirit Airlines Jumps 53.1%
MARKETS
Oct 21, 2024 3:37 PM CDT

Spirit Airlines Jumps 53.1%

Trump Media continues strong run with 5.8% rise

(Newser) - US stocks pulled back from their all-time highs Monday as some of the steam came out of Wall Street's long, record-breaking rally.
  • The S&P 500 fell 10.69 points, or 0.2% to 5,853.98. Monday, coming off its sixth straight winning week, its longest such streak
...

United Airlines Soars 12.4%
United Airlines
Soars 12.4%
MARKETS
Oct 16, 2024 3:29 PM CDT

United Airlines Soars 12.4%

Morgan Stanley was another big winner

(Newser) - US stocks rose on Wednesday following better-than-expected profit reports from Morgan Stanley, United Airlines, and other big companies.
  • The S&P 500 rose 27.21 points, or 0.5%, to 5,842.47 , a day after sliding from its all-time high because of tumbling energy and technology stocks.
  • The Dow
...

Chip Stocks Drag Markets Down From Record Highs
Oil Prices, Chip Stocks Tumble
MARKETS
Oct 15, 2024 3:45 PM CDT

Oil Prices, Chip Stocks Tumble

Walgreens Boots Alliance was among the winners

(Newser) - US stocks pulled back from their records Tuesday as the price of crude oil tumbled again and technology stocks faltered.
  • The S&P 500 fell 44.59 points, or 0.8%, to 5,815.26, a day after setting an all-time high for the 46th time this year.
  • The Dow
...

Dow Closes Above Another Threshold
Dow Closes Above
Another Threshold
MARKETS
Oct 14, 2024 3:08 PM CDT

Dow Closes Above Another Threshold

Index notches its first finish above 43K

(Newser) - US stocks rose again on Monday and added to their all-time highs:
  • The S&P 500 rose 44 points, or 0.7%, to 5,859.
  • The Dow rose 201 points, or 0.4%, to 43,065.
  • The Nasdaq rose 159 points, or 0.8%, to 18,502.
  • Bitcoin, meanwhile, rose
...

Wall Street Sets New Records as China Stocks Slump

KinderCare Learning jumps almost 9% in NYSE debut

(Newser) - US stocks set more records high on Wednesday after the latest wild swerves for Chinese stocks left few ripples in markets worldwide.
  • The S&P 500 rose 40.91 points, or 0.7%, to 5,792.04 and beat the all-time high it set last week.
  • The Dow Jones Industrial
...

US Stocks Hold Firm After Massive Drop in Hong Kong

Hang Seng index had its worst day since 2008

(Newser) - US stocks rebounded Tuesday as falling oil prices released some of the pressure that had built up on the market.
  • The S&P 500 rose 55.19 points, or 1%, to 5,751.15 and clawed back its loss from the day before.
  • The Dow Jones Industrial Average rose 126.
...

Stocks Drop as Treasury Yields, Oil Prices Climb
Stocks Drop as
Treasury Yields Rise
MARKETS
Oct 7, 2024 3:35 PM CDT

Stocks Drop as Treasury Yields Rise

Trump Media jumps 11.5%

(Newser) - US stocks slid on Monday after Treasury yields hit their highest levels since the summer and oil prices continued to climb.
  • The S&P 500 fell 55.13 points, or 1%, to 5,695.94, though it's still close to its all-time high set a week ago.
  • The Dow
...

Casino Company Was S&P 500's Biggest Winner
Casino Company Was
S&P 500's Biggest Winner
MARKETS
Oct 2, 2024 3:36 PM CDT

Casino Company Was S&P 500's Biggest Winner

Rise for Caesars Entertainment helped offset Humana, Nike losses

(Newser) - US stocks edged higher in a quiet Wednesday, and Treasury yields rose following an encouraging update on the job market's strength.
  • The S&P 500 rose 0.79 points, or less than 0.1%, to 5,709.54.
  • The Dow Jones Industrial Average rose 39.55 points, or 0.
...

Oil Prices Rise as Iran Fires Missiles at Israel

Dow, S&P 500 fall back from their records

(Newser) - US stocks retreated from their recordsTuesday after Iran fired missiles into Israel , a sharp escalation of tensions in the Middle East that investors fear could lead to disruptions in the flow of oil.
  • The S&P 500 fell 53.73 points, or 0.9%, to 5,708.75.
  • The Dow
...

Wall Street Closes Winning Month With More Records

S&P 500, Dow set new records after wild ride for Asian markets

(Newser) - Wall Street closed its latest winning month and quarter with more records on Monday. The drift higher for US stocks followed a wild start to the week for financial markets in Asia, where Japanese stocks tumbled and Chinese indexes soared.
  • The S&P 500 climbed 24.31 points, or 0.
...

Dow Posts Another Record Before Week Ends Quietly

Costco shares drop though profit surpassed expectations

(Newser) - US stocks closed another record-setting week with a muted performance on Friday, as hope built on Wall Street that the economy can manage the rare feat of suppressing high inflation without causing a recession.
  • The Dow rose 137.89 points, or 0.3%, to 42,313, setting a record.
  • The
...

S&P 500 Sings Familiar Tune for 42nd Time
S&P 500 Sings Familiar
Tune for 42nd Time
MARKETS
Sep 26, 2024 3:05 PM CDT

S&P 500 Sings Familiar Tune for 42nd Time

Benchmark index hits yet another all-time high this year

(Newser) - After taking a breather on Wednesday, stocks regained their momentum on Thursday:
  • The benchmark S&P 500 rose 23 points, or 0.4%, to 5,745—setting an all-time high for the third time this week and the 42nd time this year, per the AP .
  • The Dow rose 260 points,
...

Stitch Fix Drops 39.5%
Stitch Fix Drops Almost 40%
MARKETS
Sep 25, 2024 3:29 PM CDT

Stitch Fix Drops Almost 40%

Trump Media rises 10.5% in stock's first back-to-back gain in weeks

(Newser) - US stocks edged back from their records on Wednesday.
  • The S&P 500 fell 10.67 points, or 0.2%, to 5,722.26.
  • The Dow Jones Industrial Average fell 293.47 points, or 0.7%, to 41,914.75.
  • The Nasdaq composite rose 7.68 points, or less than
...

S&P 500 Hits Record High for the 41st Time This Year

Commodity prices jumped after big moves from China's central bank

(Newser) - US stocks drifted to more records Tuesday after Chinese stocks soared following a slew of moves by the Chinese central bank to prop up the world's second-largest economy .
  • The S&P 500 rose 14.36 points, 0.3%, to 5,732.93 setting an all-time high for the 41st time
...

Dow, S&P 500 Rise to New Records
Trump Media
Drops Another 10.3%
MARKETS
Sep 23, 2024 3:30 PM CDT

Trump Media Drops Another 10.3%

Dow, S&P 500 rise to new records

(Newser) - US stock indexes added slightly to their record highs in relatively subdued trading on Wall Street on Monday.
  • The S&P 500 rose 16.02 points, or 0.3%, to 5,718.57, beating the all-time high it set on Thursday. The benchmark index is coming off its fifth winning
...

Major Week Ends Quietly as FedEx Falls, Nike Leaps

Shipping company says fewer packages are being sent through priority services

(Newser) - A record-setting week for Wall Street closed on a quieter note Friday, as US stocks drifted around the highs they hit during a worldwide rally the day before.
  • The Dow rose 38.17 points, or 0.1%, to 42,063.36.
  • The S&P 500 fell 11.09 points, or
...

Dow Closes Above 42K for the First Time
Dow Closes Above
42K for the First Time
MARKETS
Sep 19, 2024 3:06 PM CDT

Dow Closes Above 42K for the First Time

Markets in a happy mood after big rate cut by the Federal Reserve

(Newser) - Wednesday's big rate cut by the Fed had a delayed-jubilation effect on the markets Thursday. The Dow, for example, eclipsed 42,000 for the first time—and closed there to boot. The benchmark S&P 500, meanwhile, closed above 5,700 for the first time, per CNBC .
  • The Dow
...

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