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Wall Street's Losses Mount for a Second Day

Dow dropped 222 points

(Newser) - Wall Street's losses mounted for the second straight day Tuesday as momentum slowed on worries about rising virus counts and Washington's inability to deliver more aid to the economy. The S&P 500 fell 0.3% after spending much of the day swinging between small gains and losses.... More »

Stocks Drop Sharply Amid 'Perfect Storm'

Dow drops 650 points as virus cases surge

(Newser) - Stocks fell sharply Monday, deepening last week's losses, as a troubling increase in coronavirus counts put investors in a selling mood. The skid came as doubts mount on Wall Street that Washington will come through with more stimulus for the economy before Election Day, the AP reports. The S&... More »

Earnings Reports Provide a Lift

Market welcomes Pelosi's confidence on stimulus bill

(Newser) - Stocks shook off a wobbly start Thursday and ended higher on Wall Street. The S&P 500 climbed 0.5%. Several earnings reports from big US companies came in better than analysts had expected, the AP reports, which helped put investors in a buying mood. Also, House Speaker Nancy Pelosi... More »

Netflix Stock Drops After Weak Profit Report

It was a much better day for social media firms

(Newser) - Stocks closed lower on Wall Street Wednesday as negotiations continued to drag on in Washington over delivering more aid for the economy. The S&P 500 lost 0.2% Wednesday after spending much of the day wobbling between gains and losses. House Speaker Nancy Pelosi said she’s made progress... More »

Solid Earning Reports Give Markets a Boost

Netflix, however, had disappointing news

(Newser) - Stocks closed broadly higher Tuesday as Wall Street welcomed a batch of solid earnings reports from US companies. The S&P 500 gained 0.5%, recouping some of its loss from a day earlier. Technology, communication, and financial stocks powered most of the gains, while household goods makers fell, the... More »

With No Stimulus Likely, Dow Drops 410 Points

S&P 500 had its worst day in weeks

(Newser) - Stocks gave up some of their recent gains Monday as Wall Street's hopes that Washington will come through with badly needed aid for the economy before Election Day faded. The S&P 500 dropped 1.6%, its worst day in more than three weeks. The benchmark index had been... More »

Markets 'Listless' as Stimulus Hopes Fade

'The time for being able to pull this off is now coming to a close'

(Newser) - Stocks gave up early gains and closed lower Wednesday, adding to Wall Street's losses from a day earlier. The S&P 500 fell 0.7% after spending the morning swaying between small gains and losses. Companies that rely on consumer spending, banks, and technology and communication stocks bore the... More »

Dow Slumps 157 Points Amid Vaccine Worries

Wall Street's 4-day rally is over

(Newser) - Banks and technology companies led a broad slide for stocks on Wall Street Tuesday, snapping the market's four-day winning streak. The S&P 500 lost 0.6%, giving back some of its gains from a day earlier. The pullback in stocks comes as many forces are pushing and pulling... More »

Big Tech Gains Send Wall St. Higher

Markets shrug off lack of stimulus progress

(Newser) - Solid gains for technology stocks pushed Wall Street higher Monday, tacking more gains onto last week’s rally. Big Tech companies including Apple and Amazon, whose businesses have been thriving despite the pandemic, led the way higher. Companies that depend more on broad growth in the economy didn’t rise... More »

Dow Jumps 530 Points After Trump U-Turn

Markets are 'addicted to stimulus,' analyst says

(Newser) - Stocks marched higher on Wall Street Wednesday after President Trump appeared to backtrack on his decision to halt talks on another rescue effort for the economy. The S&P 500 climbed 1.7% higher in trading after Trump sent a series of tweets late Tuesday saying he’s open to... More »

Dow Dives 375 Points After Trump Calls Off Relief Talks

'This really goes to the health of the recovery'

(Newser) - Stocks turned sharply lower on Wall Street Tuesday afternoon after President Donald Trump ordered a stop to negotiations with Democrats on a coronavirus economic stimulus bill until after the election. The S&P 500 index slid 1.4% after having been up 0.7% prior to the president’s announcement,... More »

Stocks Jump as Trump Prepares to Leave Hospital

Dow up 465 points amid stimulus hopes

(Newser) - Stocks closed broadly higher Monday as hopes for economic aid from Washington helped Wall Street recover its losses from its initial, fearful reaction after learning that President Trump tested positive for the coronavirus. The S&P 500 climbed 1.8%, and the gains were widespread, the AP reports. Energy and... More »

Wild 3rd Quarter Is Over for Wall St.

Stocks rallied after a bumpy day

(Newser) - Stocks rallied on Wednesday, but only after zooming up, down and back up again in a fitting end to what was a wild month and quarter for Wall Street. Prospects for additional support from Congress for the economy helped drive the day’s trading, as they have for weeks, the... More »

Stocks Drop Ahead of Trump-Biden Debate

Dow was down 131 points

(Newser) - Stock. ended with moderate losses Tuesday as investors waited for the first debate between President Trump and Joe Biden. Banks, energy companies, and stocks that depend on consumer spending had some of the biggest losses, the AP reports. The price of oil fell 3.2%, dragging much of the energy... More »

Markets Notch Gains, But There's an 'Elephant in the Room'

'This week’s going to be all about the jobs numbers'

(Newser) - Stocks notched solid gains Monday as Wall Street clawed back some of its sharp and sudden September losses. The S&P 500 rose 1.6%, its third straight gain. The benchmark index was coming off its first four-week losing streak in more than a year and is on track to... More »

Dow Dives 525 Points as Tech Sector Takes Hit

S&P 500's September slide continues

(Newser) - Wall Street racked up more losses Wednesday as stocks closed broadly lower, wiping out the market's gains from the day before. The S&P 500 fell 2.4% after giving up an earlier gain. The selling, which accelerated in the afternoon, was widespread, though technology stocks accounted for the... More »

Wall St. Bounces Back After 4-Day Losing Streak

Strong home sales gave markets a boost

(Newser) - Stocks rebounded on Wall Street Tuesday, recovering some of their losses after tumbling on a raft of worries about the pandemic and governments’ response to it. The S&P 500 gained 1.1%, halting its first four-day losing streak since the market was selling off in February. Trading was erratic,... More »

Last-Hour Recovery Stems Wall St. Losses

At one point, the Dow was down 942 points

(Newser) - Wall Street slumped Monday as markets tumbled worldwide on worries about the pandemic’s economic pain, though the S&P 500 had pared its losses by the end of the day. The drop began in Asia as soon as trading opened for the week, and they accelerated in Europe on... More »

Stocks Close Lower Despite Fed Decision

Brief rally ran out of steam

(Newser) - Stock indexes closed lower on Wall Street Wednesday after a getting a brief boost from the Federal Reserve’s decision to leave interest rates unchanged at nearly zero. The central bank also issued a less dire outlook for economic growth and unemployment. The S&P 500 was down 0.5%... More »

Tech Stocks Are Climbing Again

They helped pull markets higher Tuesday

(Newser) - Stocks overcame a late-afternoon burst of selling and closed higher Tuesday, as gains in big technology companies outweighed losses in banks and elsewhere in the market. The S&P 500 rose 0.5% after being up 1.1% earlier. It's the second straight sizable gains for the benchmark index... More »

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