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  • Dow falls 200 points as investors weigh strong jobs report, higher rates

    06/03/2022 6:42:25 AM PDT · by Tell It Right · 28 replies
    CNBC ^ | 6/3/2022 | Tanaya Macheel
    U.S. stocks slid Friday as investors digested a stronger-than-expected jobs report and rising rates. The Dow Jones Industrial Average fell 290 points, or 0.8%. The S&P 500 slipped 1.2%. The Nasdaq Composite fell 1.8%.
  • MARKETS Stocks fall to start June as concerns mount about economic growth

    06/01/2022 7:31:34 AM PDT · by Tell It Right · 12 replies
    CNBC ^ | 6/1/2022 | Hannah Mio
    U.S. stocks pulled back Wednesday amid worries about the health of the economy, as Wall Street turned the page to another month following a volatile May. The Dow Jones Industrial Average shed about 140 points, or 0.4%. The S&P 500 eased 0.4%. The technology-heavy Nasdaq Composite was marginally lower. Fresh data released Wednesday morning showed job openings declined sharply in April. Also weighing on investor sentiment, JPMorgan CEO Jamie Dimon said the economy is headed for a “hurricane” and “you better brace yourself.”
  • Dow jumps 200 points as market attempts to snap long weekly losing streaks

    05/26/2022 6:33:38 AM PDT · by Tell It Right · 17 replies
    CNBC ^ | 5/26/2022 | Jesse Pound
    The Dow Jones Industrial Average and S&P 500 rose Thursday, as Wall Street tried to rebound from a long string of weekly declines. The Dow rose 141 points, or 0.4%. S&P 500 climbed 0.4%. Nasdaq advanced 0.1%. The Dow has fallen the last eight weeks, while the S&P 500 and Nasdaq are riding seven-week losing streaks.
  • S&P 500 falls for a second day as investors brace for another update from the Fed

    05/25/2022 6:44:56 AM PDT · by Tell It Right · 16 replies
    CNBC ^ | 5/25/2022 | Tanaya Macheel
    U.S. stocks fell Wednesday as traders awaited the Federal Reserve’s release of its policy meeting from earlier this month. The Dow Jones Industrial Average fell 125 points, or 0.4%. The S&P 500 fell for a second day and was down 0.3%. The Nasdaq Composite lost 4%, after posting a steep loss in the previous session.
  • Stocks fall Tuesday as Wall Street resumes sell-off, Snap drags tech lower

    05/24/2022 7:00:48 AM PDT · by Tell It Right · 16 replies
    CNBC ^ | 5/24/2022 | Tanaya Macheel
    Stocks fell early Tuesday morning as the markets struggled to sustain a comeback rally following weeks of losses. The Dow Jones Industrial Average fell 220 points, or 0.7%. The S&P 500 dipped 1.3%, and the Nasdaq Composite dropped 2.2%.
  • Tesla stock down 8.5% today

    05/20/2022 11:57:27 AM PDT · by Tell It Right · 28 replies
    5/20/2022 | vanity
    TSLA down 8.5% today. Down 47.9% from its ATH of 1243.49 in November.
  • Stocks are falling again on Friday, pushing the S&P 500 to the cusp of a bear market

    05/20/2022 9:05:02 AM PDT · by Tell It Right · 39 replies
    CNBC ^ | 5/20/2022 | Sarah Min
    U.S. stocks fell on Friday, extending losses from earlier in the week and putting the S&P 500 on the cusp of a bear market. The relentless selling has the Dow Jones Jones Industrial Average on pace for its eighth negative week in a row. The S&P 500 traded about 0.8% lower, putting it more than 19% below its record reached in January. A 20% decline would mark the first bear market since the March 2020 pandemic decline. The Dow fell 225 points, or 0.7%, with the benchmark losing steam after a strong open. The Nasdaq Composite dipped 0.9%.
  • Stocks fall Thursday with the S&P 500 on the brink of a bear market

    05/19/2022 6:41:15 AM PDT · by Tell It Right · 22 replies
    CNBC ^ | 5/19/2022 | Sarah Min
    Stock were under pressure again on Thursday with the S&P 500 on the brink of a bear market. Investors continued to dump equities on fears Federal Reserve rate hikes to fight rapid inflation would tip the economy into a recession. S&P 500 dropped 0.8% a day after the benchmark closed at 3,923.68, or 18.6% below its intraday record reached in January. It also sits around 18% below its record closing level. A close of 20% or more below its all-time high would mark a bear market, its first since the March 2020 pandemic sell-off.
  • Dow jumps more than 300 points, Nasdaq pops 2% as some investors see bargains following steep sell-off

    05/17/2022 6:56:51 AM PDT · by Tell It Right · 19 replies
    CNBC ^ | 5/17/2022 | Sarah Min
    U.S. stocks were sharply higher on Tuesday as the market tried to bounce after a punishing bear market for the tech-heavy Nasdaq and a 19% pullback for the S&P 500. The Dow Jones Industrial Average jumped more than 300 points, or 1.2%. S&P 500 gained 1.4%, while the Nasdaq Composite added 2%. Tuesday’s bounce marks the market’s latest attempt at a recovery following weeks of steep losses. The S&P 500 is coming off a six-week losing streak — its longest since 2011.
  • S&P 500 falls on Monday as it struggles to rebound from a 6-week slide

    05/16/2022 8:12:39 AM PDT · by Tell It Right · 16 replies
    CNBC ^ | 5/16/2022 | Sarah Min
    Stocks fell Monday as the market struggled to rebound from a relentless sell-off that’s punished tech stocks and pushed the S&P 500 to the brink of a bear market. The Dow Jones Industrial Average dropped 141 points, or 0.4%. The S&P 500 fell 0.6% after the benchmark nearly fell into a bear market last week before a Friday rebound. The Nasdaq Composite was down 1%.
  • Market rebound attempt loses steam, with the Dow back down 300 points

    05/12/2022 9:33:23 AM PDT · by Tell It Right · 14 replies
    CNBC ^ | 5/12/2022 | Samantha Subin
    Stocks fell on Thursday after a failed attempt to bounce back from the session’s earlier losses. The Dow Jones Industrial Average dropped 310 points, or 1%, after being up more than 80 points earlier in the session. The S&P 500 fell 0.9% and the Nasdaq Composite advanced dipped 0.6% after rising as much as 1.6%.
  • Nasdaq drops 3%, Dow loses 300 points following hot inflation report

    05/11/2022 1:36:13 PM PDT · by Tell It Right · 36 replies
    CNBC ^ | 5/11/2022 | Samantha Subin
    Stocks fell on Wednesday, dialing back earlier gains as investors continued to digest the latest U.S. inflation data. The Dow Jones Industrial Average fell 326.63 points to 31,834.11, or 1.02%. The S&P 500 slipped 1.65% to 3,935.18, and the Nasdaq Composite dropped 3.18% to close at 11,364.24.
  • Dow jumps 400 points, S&P 500 adds 1% as markets attempt to recover from 3 days of heavy selling

    05/10/2022 6:44:07 AM PDT · by Tell It Right · 75 replies
    CNBC ^ | 5/10/2022 | Samantha Subin
    U.S. stocks rose Tuesday as the major averages attempted to recover from 3 days of heavy selling that brought the S&P 500 to its lowest level in more than a year. The Dow Jones Industrial Average was last up 470 points, or 1.5%. The S&P 500 and Nasdaq Composite climbed 1.8% and 2.6%, respectively. On the earnings front, shares of Peloton Interactive plummeted 17.8% after reporting a wider-than-expected loss in the recent quarter. AMC’s stock rose 6.6%, while Novavax dropped about 20% on the back of recent quarterly earnings.
  • Stocks fall to start week as market sell-off continues

    05/09/2022 6:41:33 AM PDT · by Tell It Right · 49 replies
    CNBC ^ | 5/9/2022 | Samantha Subin
    Stocks fell sharply early Monday, as U.S. rates continued to rise and traders struggled to find their footing after big market swings last week. The Dow Jones Industrial Average dropped 430 points, or 1.5%. The S&P 500 futures fell 1.7%, while the Nasdaq Composite lost 2.1%.
  • Dow tumbles more than 900 points and the Nasdaq drops 4% on Friday to close out a brutal month

    04/29/2022 1:17:32 PM PDT · by Tell It Right · 44 replies
    CNBC ^ | 4/29/2022 | Hannah Miao
    U.S. stocks sunk Friday with the Nasdaq Composite notching its worst month since 2008, as Amazon became the latest victim in April’s technology-led sell-off. The tech-heavy Nasdaq Composite fell 4.2% to 12,334.64, weighed down by Amazon’s post-earnings plunge. The S&P 500 retreated by 3.6% to 4,131.93. The Dow Jones Industrial Average shed about 940 points, or 2.8%, to 32,977.21.
  • Nasdaq tumbles 2% Friday, notches worst week since 2020 and falls deeper into correction territory

    01/21/2022 12:17:42 PM PST · by Tell It Right · 65 replies
    CNBC ^ | 1/21/2022 | N/A
    NASDAQ down 2.2%, S&P down 1.6%
  • Pfizer In Talks With Israel For New COVID-19 Vaccine Supply Deal: Reuters

    04/05/2021 11:29:17 AM PDT · by SunkenCiv · 9 replies
    Benzinga ^ | April 05, 2021 | Vandana Singh
    Pfizer Inc (NYSE: PFE) is reportedly working on a new COVID-19 vaccine supply deal to Israel after an initial agreement announced in late 2020 has ended.“The company is currently working with the Israeli government to update the agreement, to supply additional vaccines to the country. While this work continues, shipments may be adjusted,” Pfizer said.Pfizer and its partner BioNTech SE (NASDAQ: BNTX) agreed in November to supply Israel with an undisclosed number of COVID-19 vaccines. Israel’s Finance Ministry has said it paid roughly 2.6 billion shekels ($785 million).According to Reuters, Israel’s government seeks to secure 36 million more Pfizer/BioNTech doses...
  • New York Stock Exchange Threatens to Leave New York City Over Transfer Tax

    02/10/2021 7:12:25 PM PST · by SeekAndFind · 27 replies
    Commercial Observer ^ | 02/10/2021 | REBECCA BAIRD-REMBA
    The president of the New York Stock Exchange (NYSE) claims that she may be forced to move trading operations to a more tax-friendly locale if the state legislature imposes a stock transfer tax, according to an op-ed published yesterday in The Wall Street Journal. As many financial firms open new offices in states like Tennessee, Florida and Texas, NYSE President Stacey Cunningham argued that New York’s temple of commerce may follow suit if the stock transfer tax is passed. She pointed out that the securities industry generated 18 percent of state tax collections last year. However, that share could decline...
  • most-active (stocks) & stock prices today

    01/20/2021 4:51:00 PM PST · by entropy12 · 31 replies
    Yahoo Finance ^ | 01/20/21 | Yahoo Finance
    S&P 500 3,851.85 +52.94(+1.39%) Dow 30 31,188.38 +257.86(+0.83%) Nasdaq 13,457.25 +260.07(+1.97%) Russell 2000 2,160.62 +9.48(+0.44%)
  • NYSE bans Chinese telecom stocks in second about-face of the week

    01/06/2021 8:22:47 AM PST · by Professional · 17 replies
    CNN Business ^ | 1-6-2021 | Julia Horowitz
    London (CNN Business)The New York Stock Exchange will delist three Chinese telecommunications stocks to comply with an executive order from the Trump administration — its second about-face on the issue this week.