stock market

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Inflation Report, Fed Remarks Send Stocks to Record Highs

Oracle jumps 13.3%

(Newser) - US stocks closed higher Wednesday following a surprisingly encouraging update on inflation . The S&P 500 closed at another record high after the Federal Reserve said that it still sees a cut to interest rates as likely this year.
  • The S&P 500 rose 45.71 points, or 0.9%,
...

Inflation Finally Cools— Just in Time for Fed Decision

Markets are happy just hours before central bank decides on rates

(Newser) - Wednesday will be another big day on Wall Street, as investors await a decision by the Federal Reserve on interest rates. Some key factors at play:
  • Inflation eases: Hours before the decision, a new report showed that inflation slowed in May, reports the New York Times . The Consumer Price Index
...

Apple Lifts S&P 500 to Record High
Apple Lifts S&P 500
to Record High
MARKETS
Jun 11, 2024 3:31 PM CDT

Apple Lifts S&P 500 to Record High

Company jumps 7.3% after highlighting push into AI

(Newser) - Stocks drifted to a mixed close overall on Wall Street, but the S&P 500 and Nasdaq composite still managed to notch more record highs. A big gain in Apple helped push both indexes higher Tuesday. The company jumped 7.3% after highlighting its push into artificial intelligence .
  • The S&
...

S&P 500, Nasdaq Edge Up to New Highs
S&P 500, Nasdaq
Edge Up to New Highs
MARKETS
Jun 10, 2024 3:32 PM CDT

S&P 500, Nasdaq Edge Up to New Highs

Southwest Airlines jumps 7%

(Newser) - US stocks drifted to a slightly higher close Monday ahead of a week with several top-tier reports on inflation due, as well as the Federal Reserve's latest meeting on interest rates.
  • The S&P 500 rose 13.80 points, or 0.3%, to 5,360.79 , topping the record
...

Stocks Fall After Jobs Report
Stocks Fall After Jobs Report
markets
Jun 7, 2024 3:49 PM CDT

Stocks Fall After Jobs Report

GameStop shares plunge after announcements

(Newser) - Stocks slipped and Treasury yields rose sharply Friday after the government released a jobs report whose headline numbers came in hotter than expected. Overall, the report suggests markets may have to wait even longer for interest rate cuts from the Federal Reserve, per the AP :
  • The Dow fell 87.18
...

Big Lots Has a Rough Day as Consumers Cut Back
Big Lots Has a Rough Day
as Consumers Cut Back
MARKETS
Jun 6, 2024 3:21 PM CDT

Big Lots Has a Rough Day as Consumers Cut Back

Benchmark S&P 500 is little changed after closing at a record on Wednesday

(Newser) - US stocks cooled off on Thursday after Wednesday's record-setting day :
  • The Dow rose 78 points to 38,886.
  • The S&P 500 slipped a single point to 5,352.
  • The Nasdaq fell 14 points to 17,173.
  • Ahead: The week's big event will likely arrive on Friday, when
...

AI Frenzy Lifts Wall Street to Record Highs
Nvidia Is Now a $3T Company
MARKETS
Jun 5, 2024 3:43 PM CDT

Nvidia Is Now a $3T Company

It hits milestone as AI frenzy sends S&P 500, Nasdaq to record highs

(Newser) - Wall Street barreled to all-time highs Wednesday as its frenzy around artificial-intelligence technology keeps sending stocks higher.
  • The S&P 500 jumped 62.69 points, or 1.2%, to 5,354.03, beating its record set two weeks ago.
  • The Nasdaq composite rallied even more, it rose 330.86 points,
...

Stocks Hold Steady After Report on Cooling Job Market
Oil Stocks Drop
for a Second Day
MARKETS
Jun 4, 2024 3:57 PM CDT

Oil Stocks Drop for a Second Day

Worries about slowing economy have hit crude prices

(Newser) - US stocks held relatively steady on Tuesday after a report suggested the job market is cooling.
  • The S&P 500 rose 7.94 points, or 0.2%, to 5,291.34
  • The Dow Jones Industrial Average rose 140.26 points, or 0.4%, to 38,711.29.
  • The Nasdaq composite
...

Nvidia Lifts S&P 500 to Small Gain
GameStop Soars 21.4%
MARKETS
Jun 3, 2024 3:36 PM CDT

GameStop Soars 21.4%

Nvidia lifts S&P 500 to small gain

(Newser) - Stocks ended mixed on Wall Street Monday following the latest signal showing the US economy is slowing.
  • The S&P 500 edged up by 5.89 points, or 0.1%, to 5,283.40, even though the majority of stocks within the index fell.
  • The Dow Jones Industrial Average dropped
...

Gap Helps Push Shares Up
Gap Helps Push Shares Up
markets
May 31, 2024 3:50 PM CDT

Gap Helps Push Shares Up

Latest inflation report meets expectations

(Newser) - Stocks ended mostly higher on Wall Street on Friday, closing out the market's latest winning month.
  • The Dow rose 574.84 points, or 1.5%, to 38,686.32.
  • The S&P rose 42.03 points, or 0.8%, to 5,277.51, ending its sixth winning month in
...

Influential Salesforce Drags Down Markets
Influential Salesforce
Drags Down Markets
MARKETS
May 30, 2024 3:15 PM CDT

Influential Salesforce Drags Down Markets

All the major indexes fall

(Newser) - The worst day for Salesforce's stock in nearly 20 years helped drag stock indexes lower on Thursday:
  • The Dow fell 330 points, or 0.9%, to 38,111.48.
  • The S&P 500 fell 31.47 points, or 0.6%, to close at 5,235.48.
  • The Nasdaq fell
...

Marathon Oil Jumps 8.4% After Merger Announcement

American Airlines led slump in airline stocks

(Newser) - US stocks closed lower Wednesday under the weight of higher yields in the bond market. The 10-year yield rose to 4.61% from 4.54% late Tuesday following an auction of $44 billion in seven-year Treasurys, the AP reports.
  • The S&P 500 dipped 39.09 points, or 0.7%,
...

Nvidia Surges as Nasdaq Hits New High
Nvidia Surges as
Nasdaq Hits New High
MARKETS
May 28, 2024 3:42 PM CDT

Nvidia Surges as Nasdaq Hits New High

Tech stocks remained strong as most other stocks dropped

(Newser) - Most US stocks fell Tuesday as a tick higher in bond yields tightened the screws a bit on Wall Street following a three-day weekend.
  • The S&P 500 rose 1.32 points, or less than 0.1%, to 5,306.04 and is sitting just below its record set a
...

Nvidia Propels Nasdaq to a Record High
Nvidia Propels Nasdaq
to a Record High
MARKETS
May 24, 2024 3:18 PM CDT

Nvidia Propels Nasdaq to a Record High

Dow and S&P post small gains

(Newser) - Stocks rebounded on Friday from a rough Thursday :
  • The S&P 500 rose 36 points, or 0.7%, to 5,304.
  • The Dow ticked up 4 points, or 0.01%, to 39,069.
  • The tech-centric Nasdaq rose 184 points, or 1.1%, to 16,920—a record high, reports CNBC
...

Stocks Slump Over Fears Interest Rates Won't Budge

The Dow fell more than 600 points

(Newser) - Most US stocks slumped Thursday after strong economic reports raised the possibility of interest rates staying painfully high. The AP reports the weakness was widespread and overshadowed another blowout profit report from market heavyweight Nvidia, which closed up 9% at $1,038. The S&P 500 fell 0.7% and...

Target Drops 8% After Disappointing Profit Report

Inflation, interest fears drag indexes down from record highs

(Newser) - US stock indexes pulled back from their records Wednesday as concerns about inflation and high interest rates weighed on the market.
  • The S&P 500 fell 14.40 points, or 0.3%, to 5,307.01. The index hit a record high on Tuesday.
  • The Dow Jones Industrial Average fell
...

It Was a Quiet Day on Wall Street, But Records Were Broken

S&P 500, Nasdaq hit new all-time highs

(Newser) - US stock indexes drifted higher to set more records following another quiet day of trading on Tuesday.
  • The S&P 500 rose 13.28 points, or 0.3%, to 5,321.41, surpassing its record set last week.
  • The Dow Jones Industrial Average rose 66.22 points, or 0.2%,
...

Nasdaq Hits New All-Time High
Nasdaq Hits New All-Time High
MARKETS
May 20, 2024 3:43 PM CDT

Nasdaq Hits New All-Time High

Norwegian Cruise Line steams 7.6% higher

(Newser) - US stock indexes drifted to a mixed finish after a quiet day of trading Monday, and the Nasdaq composite rose to another record.
  • The S&P 500 rose 4.86 points, or 0.1%, to 5,308.13, just short of its all-time high.
  • The Dow Jones Industrial Average fell
...

Dow Stays Above 40K This Time
Dow Stays Above 40K This Time
markets
May 17, 2024 3:50 PM CDT

Dow Stays Above 40K This Time

Reddit jumps 10% after deal, while GameStop and AMC Entertainment drop

(Newser) - The Dow finished a day above the 40,000 level for the first time on Friday as US stock indexes drifted around their records while closing out their latest winning week, the AP reports.
  • The Dow rose 134.21 points, or 0.3%, to 40,003.59, a day after
...

Walmart Is Strong on Dow's Historic Day
Walmart Is Strong
on Dow's Historic Day
MARKETS
May 16, 2024 3:10 PM CDT

Walmart Is Strong on Dow's Historic Day

Index hit 40K for the first time, though it did not close above the mark

(Newser) - The Dow couldn't hold on to 40,000 Thursday after reaching the threshold for the first time ever, and it actually ended the day with a modest loss:
  • The Dow fell 38 points, or 0.1% to 39,869.
  • The S&P 500 slipped 11 points, or 0.2%,
...

Stories 1 - 20 |  Next >>