stock market

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'Hope on the Horizon' Is Bad News for Market

Dow falls more than 500 points

(Newser) - Stocks moved sharply lower Thursday as the recent theme of the market—rising bond yields and falling prices of technology companies—continued to weigh on trading. The Dow fell 559 points, or 1.7%, to 31,402; the S&P 500 fell 96 points, or 2.4%, to 3,829;...

GameStop's Roller Coaster Ride Has Started Again

Retailer's stock price suddenly doubled Wednesday

(Newser) - After frenzied trading last month brought GameStop shares from as low as $17 to as high as $483, it eventually stabilized in the $40 to $50 range—until Wednesday, when huge swings resumed. The retailer's share price more than doubled in a sudden burst of trading Wednesday afternoon and...

Boeing the Biggest Gainer as Dow Hits All-Time High

GameStop doubled in sudden burst of trading

(Newser) - Stocks closed broadly higher on Wall Street after shaking off a wobbly start. Banks helped lead the gains as bond yields rose, which will allow banks to charge higher rates on mortgages and other loans. Small-company stocks continued to outpace the rest of the market, as they have done since...

Big Tech Sell-Off Continues

Analysts say it's down to rising bond yields

(Newser) - A late burst of buying erased much of an early slide on Wall Street Tuesday. The tech-heavy Nasdaq lost 0.5%, having clawed back most of an early drop of as much as 3.9%. Facebook, Disney, Netflix, and other communications stocks helped drive the comeback. Early drops in Big...

Big Tech Just Had a Bad Day on Wall St.

American Airlines was among the big winners

(Newser) - Stocks closed mostly lower on Wall Street Monday, dragged down by losses in several Big Tech companies. The pullback helped drag down the Nasdaq and the S&P 500, while the Dow, which isn't as heavily weighted with tech stocks, rose, the AP reports. The S&P 500 fell...

Wall Street Remains in Wait-and-See Mode

Dow is flat as investors look to Congress for stimulus

(Newser) - Stocks didn't move much Friday as investors remained focused on the future of the COVID-stricken economy and the potential for more stimulus to fix it. The Dow rose less than a single point to 31,494, the S&P 500 dipped 7 points to 3,906, and the Nasdaq...

Walmart Forecast Helps Put Damper on Stocks

Rising unemployment figures didn't help, either

(Newser) - Some bleak job numbers help put a damper on Wall Street Thursday. The Dow fell 119 points to 31,493, the S&P 500 fell 17 points to 3,913, and the Nasdaq fell 100 points to 13,865. Those declines came after the Labor Department reported that the number...

2 Buffett Buys Help Dow Hit New High

But tech stocks struggled Wednesday

(Newser) - Stocks ended mostly lower on Wall Street Wednesday as losses by technology and industrial sector companies offset gains in other parts of the market. The S&P 500 edged down less than 0.1%, while the tech-heavy Nasdaq gave back 0.6%. Small-company stocks also fell. The Dow Jones Industrial...

As US Shivers, Energy Stocks Surge

Natural gas price hits highest level since November

(Newser) - Stock indexes closed mostly lower Tuesday as losses in health care and technology companies kept gains in energy and other sectors of the market in check. The S&P 500 ended down less than 0.1% after giving up a modest early gain. Energy companies that stand to benefit from...

Japanese Stock Market Hits 30-Year High

US markets were closed for Presidents Day

(Newser) - World shares started the week off with a rally, as Japan’s Nikkei 225 index closed above 30,000 for the first time since 1990. European markets closed sharply higher on Monday, following the advance in Asia. Shanghai and Hong Kong were closed for the Lunar New Year. US markets...

Unexpectedly Good Earnings Lead to Another Weekly Gain

Dow rises 27

(Newser) - Stock indexes notched modest gains Friday as the market wrapped up its second straight weekly gain. The Dow rose 27 points to 31,458, the S&P 500 rose 18 points to 3,934, and the Nasdaq rose 69 points to 14,095. Investors do not expect the market to...

Markets Flat, Putting Brakes on February Rally

Dow ticks up, S&P ticks down

(Newser) - The markets finished the day largely unchanged after wavering much of the afternoon between small gains and losses. The Dow fell 7 points to 31,430, the S&P 500 rose 6 points to 3,916, and the Nasdaq rose 53 points to 14,025. Investors remain cautiously optimistic about...

Online Investors Switch Focus to Marijuana Stocks

Twitter surges 13% after reporting strong earnings despite 'unusual circumstances'

(Newser) - Major US stock indexes ended another up-and-down day of trading more or less where they started out, although a small gain nudged the Dow Jones Industrial Average to another record high. The S&P 500 fell 1.35 points, or less than 0.1%, to 3,909.88. The Dow...

Games Developer Surges 35% After EA Deal

Indexes fell back slightly from record highs

(Newser) - Stocks capped a listless day of trading Tuesday with an uneven finish that snapped a six-day winning streak for the S&P 500 even as the Nasdaq set another all-time high. A late fade pulled the S&P 500 down 0.1%, just below its record high set a day...

Dow Surges 237 Points to Record High

Tesla jumped 11% after Bitcoin announcement

(Newser) - Stocks pushed to more gains and record highs on Wall Street, just as the market came off its biggest week since November. Investors are keeping their focus on better-than-expected company earnings and the prospects for more economic stimulus to combat the impact of the coronavirus, the AP reports. Small-company stocks...

S&P 500 Wraps Up Strongest Week in Months

And the Dow rises another 92

(Newser) - Wall Street put the wraps on a strong week Friday, particularly for the benchmark S&P 500. The index rose 15 points on the day to a record 3,886, putting it up 4.7% for the week, reports CNBC . That's the strongest weekly performance since November, per the...

Busy Earnings Week Is Giving Markets a Jolt

Dow rises another 332

(Newser) - Stocks closed broadly higher on Wall Street Thursday, helped by strong company earnings as well as optimism that Washington can reach a deal for another round of fiscal stimulus for the millions of Americans who need it. The Dow rose 332 points to 31,055; the S&P 500 rose...

Amazon Shares Drop Despite Massive Profit

Google's parent company jumped 7%

(Newser) - Stocks closed modestly higher on Wall Street Wednesday as investors turned their focus to some strong earnings reports from Big Tech companies and hopes for getting more economic stimulus passed in Washington. Google’s parent company, Alphabet, jumped 7.28% after reporting a blowout quarter as its digital advertising machine...

GameStop, AMC Shares Plunge

Broader market rose, with Dow up 475 points

(Newser) - Stocks closed broadly higher on Wall Street Tuesday, adding to the market’s gains from a day earlier with solid contributions from Big Tech companies, banks, and other sectors. GameStop plunged 60% in the latest wild swing for the stock and several others that have become caught up in a...

With Trading Limited, GameStop Drops Sharply

Wall Street recovers from last week's losses

(Newser) - Stocks closed higher on Wall Street Monday, recovering some of the ground they lost last week in their biggest weekly drop since October. Investors large and small continued to focus on GameStop and other stocks targeted by online traders hoping to inflict damage on hedge funds, the AP reports. The...

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