stock market

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Dow Ends Day Down 134

3M leads declines in industrial stocks

(Newser) - Major US stock indexes ended mostly lower on Wall Street, dragged down by losses in several industrial companies, the AP reports. 3M, which makes Post-it notes and many other products, plunged 12.9% in heavy trading after announcing weak results and a restructuring program. It was the biggest loss for... More »

Stocks Edge Lower on Wall Street

A day after setting records

(Newser) - Stocks gave up an early gain and drifted mostly lower on Wall Street as investors continue digesting a steady flow of corporate earnings, the AP reports. Energy and communications companies took some of the biggest losses Wednesday. Exxon Mobil lost 1.9% and AT&T fell 4.1%. Bond prices... More »

S&P 500, Nasdaq Close at Record Highs

S&P 500 recoups all the ground it lost last year

(Newser) - The S&P 500 index is closing at a record high, surpassing the peak it set last September and recouping all the ground it lost in a nosedive late last year. The Nasdaq index also closed at a record high Tuesday, the AP reports. The market has risen sharply since... More »

Dow Ends Day Down 48

Stocks close mostly lower

(Newser) - Stocks closed mostly lower on Wall Street, but energy companies rose sharply as the price of crude oil shot higher, the AP reports. Real estate and industrial companies as well as banks fell broadly on Monday. Simon Property Group lost 2.4% and Boeing fell 1.3%. The price of... More »

Dow Ends Day Up 110

Trading week is shortened due to the holiday

(Newser) - Major US indexes managed small gains on Wall Street but not enough to prevent a losing week for the S&P 500 following three weeks of gains, the AP reports. Industrial companies rose Thursday as traders welcomed solid earnings from Snap-on, Honeywell and Union Pacific. Financial and energy stocks fell.... More »

Health Care Gets Hammered

Possible congressional reforms spark fears on Wall Street

(Newser) - Stocks are closing lower on Wall Street Wednesday as losses by health care companies outweigh gains elsewhere in the market, the AP reports. Investors hammered insurers amid fears over the potential impact on their profits from health reforms being discussed in Congress. Anthem fell 3.6%, Cigna lost 3.7%,... More »

Bank, Tech Stocks Give Markets a Lift

Dow rises 67 points

(Newser) - Stocks edged higher on Wall Street Tuesday, erasing the market's modest losses from a day earlier. Banks and technology companies rose the most, while health care stocks closed broadly lower. The S&P 500 index edged up 1 point, or 0.1%, to 2,907, per the AP . The... More »

S&P Has Just Third Loss in 3 Weeks

Dow slips 27

(Newser) - Stocks closed lower on Wall Street Monday as falling bank stocks led the S&P 500 to just its third loss in the last three weeks. Goldman Sachs and Citigroup each said their stock trading businesses struggled in the first quarter. Goldman fell 3.8% while Citi shares dropped 0.... More »

Banks Lift Stocks as S&P 500 Nears Record

Disney takes off after announcement

(Newser) - Stocks closed broadly higher on Wall Street, giving the S&P 500 index its third weekly gain in a row and putting it within reach of the record high it hit last September, the AP reports. Banks led the gains Friday after JPMorgan Chase reported a strong quarter, helped by... More »

US Stocks Struggle to Mixed Finish

Dow slips 14 points

(Newser) - Stocks struggled to a mixed finish on Wall Street after an early rally sputtered, the AP reports. Health care companies fell broadly, mostly offsetting gains in other parts of the market Thursday. Insurers UnitedHealth Group and Anthem led the decline in the health sector. Both lost a little over 4%.... More »

US Stocks End Broadly Higher

Wall Street recoups some lost ground

(Newser) - Stocks are ending broadly higher on Wall Street, allowing the market to recoup some of the ground it lost a day earlier, the AP reports. Technology and small-company stocks were the standouts Wednesday. Advanced Micro Devices rose 2.2%. Airlines were broadly higher after Delta Air Lines reported strong quarterly... More »

Stocks End the Day Lower on Wall Street

S&P 500 ends 8-day winning streak

(Newser) - Stocks are closing lower on Wall Street, breaking an eight-day winning streak for the S&P 500 index, the AP reports. Industrial companies and banks led the way lower Tuesday. Caterpillar fell 2.5% and Citigroup gave up 1.3% Technology companies also lost ground. Nvidia, a chipmaker, fell 1.... More »

Stocks Erase an Early Loss, End Mixed

Dow falls 83

(Newser) - Stocks drifted to a mixed close on Wall Street after shaking off an early stumble, the AP reports. Major indexes ended the day about where they began Monday. The market was evenly divided between rising and falling stocks. A tiny gain for the S&P 500 extended its winning streak... More »

Jobs Report Lifts Stocks

Dow rises another 40

(Newser) - Stocks closed broadly higher on Wall Street, wrapping up another solid week of gains for the market, the AP reports. Health care and energy companies pulled the market higher Friday: Cigna rose 2.9% and Marathon Petroleum climbed 3.5%. Traders also were encouraged by a report from the Labor... More »

Dow Ends Day Up 166

US stocks end mostly higher

(Newser) - Stocks ended mostly higher on Wall Street as gains for banks and industrial companies offset losses in technology and health care companies, the AP reports. Bank of America rose 1.1% Thursday and Boeing climbed 2.9%. Micron Technology, a chipmaker, lost 2.3%. Tesla sank 8.2% after the... More »

US Indexes Hold On to Moderate Gains

Stocks end slightly higher on Wall Street

(Newser) - A late stumble took away much of the gains from an early rally but major US indexes still ended slightly higher on Wall Street, the AP reports. Another drop in Boeing Wednesday held back the Dow Jones Industrial Average, but the 30-stock index still managed to post a slight gain.... More »

Stocks Waver to a Mixed Close

Dow ends day down 79

(Newser) - Stocks shook off an early slump and wound up little changed on Wall Street as gains for some big tech companies were offset by losses in other sectors, the AP reports. The S&P 500 index eked out a tiny gain Tuesday, extending a winning streak into a fourth day.... More »

Better Economic News Sends Stocks Higher

Dow ends day up 329

(Newser) - A brighter outlook on the global economy helped send US stocks solidly higher on Wall Street, the AP reports. In another hopeful sign, long-term bond yields rose above their recent lows Monday, following a sharp drop last month that had spooked investors. Banks led the way higher. JPMorgan Chase and... More »

Stocks End the Quarter Up as Lyft Debuts

Quarterly gain is biggest since 2009

(Newser) - Stocks closed higher Friday on Wall Street, ending the first quarter with the biggest quarterly gain in a decade, the AP reports. Lyft made its much-anticipated trading debut on the Nasdaq stock exchange, jumping 8.7% to $78.29. The ride-hailing company's stock had been priced at $72 a... More »

Stocks Rebound as Bond Yields Climb

Dow ends day up 91

(Newser) - Stocks closed broadly higher on Wall Street as bond yields rose off their recent lows, easing concerns about a troubling drop in long-term yields over the past week, the AP reports. Banks did especially well Thursday. Citigroup climbed 2%. Higher yields are good for banks because they earn more on... More »

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