stock market

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Wall Street Heads Into Long Weekend on a Lift

Jobs report helps Dow rise 92

(Newser) - The stock market has Friday off for the holiday, and Wall Street's shortened week ended on an upbeat note. The Dow rose 92 points to 25,827, the S&P 500 rose 14 points to 3,130, and the Nasdaq rose 53 points to 10,207. All the gains... More »

Stocks Just Had Their Best Quarter Since 1998

It followed the worst quarter since the financial crisis

(Newser) - Wall Street closed out its best quarter since 1998 with more gains Tuesday but still well below the record high it reached in February, before the coronavirus pandemic ground the economy to a halt and millions of people lost their jobs. The S&P 500 gained 1.5%, bringing its... More »

Markets Bounce Back After Strong Housing Report

They clawed back half of last week's losses

(Newser) - Stocks closed higher on Wall Street Monday, clawing back half of their losses from last week. The S&P 500 rose 1.5%. The index shook off a wobbly start and drove decisively higher after a much healthier-than-expected report on the housing market. Among big-name companies, Boeing and Apple did... More »

Market Falls More Than 2% as COVID Cases Rise

Uncertainty again rattles investors on Wall Street

(Newser) - The stock market keeps sliding as the number of coronavirus cases keeps rising. The major indexes all ended with the week with losses. For the day, the Dow fell 730 points, or 2.8%, to 25,015; the S&P 500 fell 74 points, or 2.4%, to 3,009;... More »

Change in Banking Rule Gives Boost to Wall Street

Dow rises nearly 300 points

(Newser) - Wednesday rough selloff didn't continue Thursday on Wall Street. The Dow rose 299 points to 25,745, the S&P 500 rose 33 points to 3,083, and the Nasdaq rose 107 points to 10,017. All the gains were just above 1%. CNBC attributes much of the afternoon... More »

Stocks Slide as COVID Cases Surge

Dow was down 710 points

(Newser) - Wall Street's recent rally hit a snag Wednesday as new coronavirus cases in the US climbed to the highest level in two months, dimming investors’ hopes for a relatively quick economic turnaround. The S&P 500 skidded 2.6%, shedding its gains for the week and leaving it nearly... More »

Hopeful Investors Push Markets to More Gains

Dow rises 131

(Newser) - Wall Street notched another solid day of gains on Tuesday. Investors seem generally happy with how things are going in terms of the reopening of the economy, per the AP . On the day, the Dow rose 131 points to 26,156, the S&P 500 rose 13 points to 3,... More »

Nasdaq Sets New Record

Other indexes also saw solid gains

(Newser) - Stocks on Wall Street shook off a choppy start and closed higher Monday, extending the market's gains from last week. The initial drop followed weakness in overseas markets as the global tally of coronavirus infections approached 9 million. Technology companies led the way, outweighing losses in health care and... More »

After a Volatile Day, Dow Ends Lower

At one point, it was up by 370 points

(Newser) - Talk about a seesaw day. At one point, the Dow was up more than 370 points on Friday, notes CNBC . But when the market closed, the index was well into the red. The reason? A spate of negative headlines in regard to the coronavirus, including Apple's decision to re-close... More »

College Student Kills Himself After Seeing Huge Stock Loss

20-year-old using Robinhood app may have misunderstood his balance

(Newser) - Alex Kearns was enjoying investing, family members say—spending time on Robinhood, a free trading app, and experimenting with the stock market. The 20-year-old had just started during the pandemic, Forbes reports, while he was home with his parents from college. But late Thursday night, he apparently was shocked to... More »

Market Sends Mixed Messages

Dow dips, while S&P and tech-heavy Nasdaq notch small gains

(Newser) - The Dow lost some ground again Thursday, while the benchmark S&P 500 remained essentially flat and the tech-heavy Nasdaq gained for the fifth consecutive day, reports CNBC . All in all, the market "struggled for direction," according to the network, as investors kept an eye on coronavirus resurgences... More »

S&P 500's Winning Streak Fizzles Out

The S&P 500 falls 0.4% after a shaky day of trading

(Newser) - The S&P 500 gave up an early gain and ended slightly lower, ending a three-day winning streak, the AP reports. The benchmark index fell 0.4% after a wobbly day of trading. Like other markets worldwide, Wall Street took a pause following some recent gains. Treasury yields held steady... More »

Dow Jumps More Than 500 Points

Markets rallied after encouraging figures on retail sales

(Newser) - Stocks rose on Wall Street, notching their third gain in a row, after US retail sales rebounded last month by much more than economists were expecting. The S&P 500 climbed 1.9% Tuesday in another volatile day. The spending data bolstered hopes that the economy can pull out of... More »

Wall Street Bounces Back After Latest News From Fed

'Volatility is here to stay, at least for a little while'

(Newser) - It took just a few hours for fear to turn back into greed on Wall Street Monday, and stocks erased a sharp, early slump to notch healthy gains after the Federal Reserve unveiled its latest push to prop up the economy, the AP reports. The S&P 500 climbed 0.... More »

Coronavirus Worries Continue on Wall Street

Dow falls 700 at the open on fears about resurgence

(Newser) - Last week's lousy performance on Wall Street is continuing. The markets opened in bleak shape Monday: The Dow fell more than 700 points, or 2.7%, and the S&P 500 and the Nasdaq were in similar straits. As with last week, when the Dow lost 5.5% and... More »

Dow Claws Back Some of Thursday's Big Losses

Index rises 477 points

(Newser) - The stock market on Friday regained some of its losses from Thursday's big selloff , just not as much as the morning numbers suggested it might. The Dow rose 477 points, or 1.9%, to 25,605; the S&P 500 rose 39 points, or 1.3%, to 3,041;... More »

Market Bounces Back Up After Thursday's Plunge

Dow rises 700 points in early trading

(Newser) - The stock market had its worst day in months on Thursday, but Friday is looking much better on Wall Street. The Dow was up more than 700 points, nearly 3%, in the first half-hour of trading, while the S&P 500 and Nasdaq had similar gains. This time, no single... More »

Dow Has Its Worst Day in Months

Index falls nearly 1,900 points on second-wave concerns

(Newser) - Wall Street's day started ugly and finished even uglier. The Dow fell 1,861 points, or 6.9%, to 25,128; the S&P 500 fell 188 points, 5.8%, to 3,002; and the Nasdaq fell 527 points, 5.2%, to 9,492. All in all, the market... More »

Dow Plunge Worsens on 'Second Wave' Worries

Index sinks more than 1,500 points

(Newser) - The market's optimism that the worst of COVID-19 is behind us seems to be vanishing quickly. The Dow on Thursday plunged 900 points at the open, and things have only gotten worse. The index was down more than 1,500 points, or 5.5%, shortly before 1pm Eastern. The... More »

Wall Street Hits the Brakes

S&P 500 back in the red for 2020

(Newser) - Wall Street hit the brakes Tuesday, a day after its remarkable, weekslong rally brought the S&P 500 back to positive for the year and the Nasdaq to a record high. The benchmark index fell 0.8%, its largest loss in almost three weeks, as traders cashed in on some... More »

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