stock market

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Tech, Banks Lead Gains on Wall Street

Dow ends day up 177

(Newser) - Stocks rose again on Wall Street as a wave of buying built momentum as the day went on, pushing indexes closer to their recent record highs, the AP reports. Banks and technology companies did the heavy lifting Tuesday. Bank of America added 2.3% and Nvidia climbed 2.5%. Earnings... More »

Tech Gains, but Other Sectors Stumble on Wall Street

Dow edges up

(Newser) - It was a good day for big technology stocks on Wall Street but a middling to crummy day for everyone else, the AP reports. Apple rose 2.3% Monday and Intel climbed 2.1%, leading the tech sector to the biggest gains of the day. Just under half of all... More »

Markets End the Week With a Loss

Dow falls 68

(Newser) - Stocks gave up an early gain and closed broadly lower, giving the market its first weekly loss after two weeks of gains. Indexes set record highs on Monday but then wobbled for the rest of the week. Traders assessed a mixed bag of earnings reports from big companies Friday including... More »

It's a Bad Day for Netflix

But overall, stocks closed mostly higher

(Newser) - Stocks shook off early losses and closed mostly higher on Wall Street as technology and bank stocks rallied Thursday, the AP reports. IBM rose 4.5% Thursday after reporting solid results. The company, along with Apple, helped lift the technology sector to lead the broader gains. Banks led financial stocks... More »

Stocks Close Lower on Wall Street

Dow ends day down 115

(Newser) - Stock indexes are closing lower for the second day in a row as a sharp drop in railroad operator CSX pulled other industrial companies broadly lower, the AP reports. Banks also fell Wednesday as investors worry that lower interest rates will hurt their profits going forward. CSX plunged 10.3%... More »

Stocks Close Lower on Wall Street

Dow slips 23

(Newser) - Stocks are ending broadly lower on Wall Street, breaking a five-day winning streak for the S&P 500 index, the AP reports. Technology companies posted some of the biggest losses Tuesday. Microsoft lost 1.3%. Some banks rose after reporting results that beat analysts' forecasts. Goldman Sachs rose 1.9%... More »

Stocks End Wobbly Day Slightly Higher

Dow edges up 27

(Newser) - Major US stock indexes ended a wobbly day with meager gains, enough to push them slightly further into record territory, the AP reports. Trading was indecisive for much of the day Monday, as losses for banks mostly offset gains in other sectors including technology and health care. Citigroup ended a... More »

Dow Rises Further Into Record Territory

Index is up another 243 points

(Newser) - The market continued its climb into record territory on Friday, as declines in health care stocks were offset by gains in technology, consumer discretionary, and industrial company stocks. The gains came a day after the Dow Jones Industrial Average closed above 27,000 points for the first time, per the... More »

Dow Closes Above 27K for First Time

S&P 500 also hits closing high

(Newser) - The Dow Jones Industrial Average climbed above 27,000 for the first time after a turbulent day on Wall Street, the AP reports. The S&P 500 also hit a closing high milestone of its own Thursday, a day after its first move above 3,000. Steep losses in drugmakers... More »

The Dow Just Had a Major First

It broke 27K, a day after S&P 500 went above 3K for first time

(Newser) - Technology and communications companies pushed stocks higher on Wall Street in early trading Thursday, extending the market's gains from the day before. The early buying briefly nudged the Dow Jones Industrial Average above the 27,000-point mark for the first time, a day after the S&P 500 made... More »

Stocks Rise on Prospects for a Rate Cut

Dow ends day up 76

(Newser) - Stocks rose and bond yields fell as investors welcomed new signals that the Federal Reserve is ready to cut interest rates for the first time in a decade, the AP reports. Technology companies led the way higher Wednesday, helping the Nasdaq close at a record high. Western Digital rose 5%.... More »

Stocks Eke Out Small Gains

Nasdaq, S&P 500 edge up, Dow slips

(Newser) - Stocks are closing with small gains, avoiding a third straight decline, the AP reports. Technology and internet stocks led the winners Tuesday. Twitter rose 3.3% and Advanced Micro Devices rose 3.5%. Industrial companies and consumer products were the laggards. 3M fell 2% and Procter & Gamble lost 1%.... More »

Stocks Close Lower Again

They drop on shifting odds for rate cut

(Newser) - Stocks are closing lower for a second straight day as investors try to gauge the Federal Reserve's next move on interest rates, the AP reports. A strong US jobs report Friday dimmed investors' expectations that the Fed would cut its benchmark interest rate by as much as half a... More »

Markets Dip Thanks to Strong Jobs Report

Dow falls 43 points

(Newser) - Major US indexes closed slightly lower Friday after a surprisingly strong government jobs report raised doubts about whether the Federal Reserve will lower interest rates later this month. Technology stocks fell, but bank stocks rose. The S&P 500 fell 5 points, or 0.2%, to 2,990, per the... More »

Dow Closes Early, and at a Record High

Holiday curtailed the trading day, but the finish was a big one

(Newser) - Major US indexes closed at record highs on a holiday-shortened trading day: The Dow Jones Industrial Average on Wednesday easily beat the record it marked in October, rising 179 points, or 0.7%, to 26,966. The S&P 500 closed at its third straight record high, up 22 points... More »

Dow Ends Day Up 69

Trading subdued ahead of July 4 holiday

(Newser) - Stocks ended a wobbly day mostly higher as gains for technology and health care stocks offset losses in the energy sector, the AP reports. Cisco Systems climbed 2% Tuesday and Pfizer added 1%. Energy stocks slumped broadly as the price of crude oil gave back almost 5%. Chevron lost 1.... More »

S&P 500 Hits Record on Trade Optimism

Dow ends day up 117

(Newser) - The S&P 500 is closing at a record Monday as investors welcome a truce in the trade dispute between the US and China, the AP reports. The two sides agreed to resume talks and the US said it would hold off on imposing new tariffs on $300 billion of... More »

Dow Has Best June Since 1938

For the day, Dow is up 73

(Newser) - Stocks rose on Wall Street Friday as investors closed out a wobbly week ahead of key trade talks between the US and China. Every major index closed the month and quarter with solid gains, per the AP . In fact, the Washington Post notes that the Dow Jones Industrial Average had... More »

S&P 500 Breaks 4-Day Losing Streak

But Dow slips

(Newser) - The S&P 500 index broke a four-day losing streak thanks to gains in banks and health care companies, but a drop in Boeing pulled the Dow Jones Industrial Average slightly lower, the AP reports. Wells Fargo rose 1.1% Thursday and AbbVie, which is buying fellow drugmaker Allergan, rose... More »

Dow, S&P 500 Close With Small Losses

After failing to hold on to early gains

(Newser) - The Dow Jones Industrial Average and S&P 500 are closing with small losses Wednesday after failing to hold onto early gains, the AP reports. Stocks rose earlier after comments from Treasury Secretary Steven Mnuchin raised hopes for a US-China trade deal. But losses in what are considered the market'... More »

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