New York Stock Exchange – News Stories About New York

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Withdraws plans to delist 3 Chinese phone carriers

(Newser) – The New York Stock Exchange has withdrawn plans to remove shares of three Chinese state-owned phone carriers under an order by President Trump that Beijing warned might lead to retaliation. The exchange cited “further consultation” with regulators but its announcement late Monday gave no other details, the AP reports….

Dow, S&P hit highest levels since March

(Newser) – Stocks closed higher on Wall Street Tuesday, driving the S&P 500 and Dow Jones Industrial Average to their highest levels in nearly three months as optimism over the reopening of the economy overshadowed lingering worries about the pandemic. The S&P 500 rose 1.2%, for a time climbing…

Those working at the New York Stock Exchange must sign a liability waiver over COVID

(Newser) – A little bit of normalcy returns to New York City on Tuesday morning as traders return to the floor of the New York Stock Exchange. Sort of. About a quarter of the normal traders will return to the floor, with the rest continuing to work from home, reports Reuters . The…

Trading will go all-electronic starting Monday

(Newser) – Stocks are closing sharply lower as fears of a prolonged coronavirus-induced recession take hold. The Dow industrials lost 1,338 points, or 6.3%, ending the day below the 20K mark at 19,898 . After a brutal few weeks, the Dow has now lost nearly all of its gains since…

Dow falls 58 as NYSE gets first female president

(Newser) – Energy companies and oil prices took their worst losses in months following reports that OPEC countries plan to produce more oil soon. The drops Friday left major US market indexes mostly lower at the end of an indecisive week. The Dow Jones industrial average lost 58 points, or 0.2%,…

Stacey Cunningham will be first woman to lead the NYSE in its 226-year history

(Newser) – The New York Stock Exchange for the first time in its 226-year history will be led by a woman, as Stacey Cunningham will become the 67th president of the Big Board, per the AP . That means that two of the world’s most well-known exchanges will be led by women….

Traders worried about trade war between US, China

(Newser) – Stocks sank again Friday, giving Wall Street its worst week in two years, as fear gripped investors that China and the US were headed for a trade war, the AP reports. The Dow Jones industrial average plunged more than 400 points, bringing its weekly decline to 1,400. Technology companies…

Energy, industrial companies rose Friday

(Newser) – The stock market eked out a small gain Friday but still ended the week lower after several days of losses, the AP reports. Energy companies rose along with the price of crude oil. ConocoPhillips gained 1.7%. Banks and industrial companies also ended higher. PNC Financial rose 1.4% and…

Nasdaq hits another record high

(Newser) – Stocks and bond yields rose sharply Friday on Wall Street after the government reported a big increase in hiring last month, the AP reports. Investors were relieved to see that wage growth slowed. A jump in wages a month ago raised worries about inflation. Technology companies wiped out the last…

Investors remain focused on Trump’s threat of tariffs

(Newser) – A late burst of buying Friday erased a sharp drop stocks suffered early in the day, the AP reports. Bond yields and the price of gold rose, both signs that investors expect inflation might tick up. Investors remain focused on President Trump’s threat to impose tariffs on steel and…

Trump announced tariffs Thursday

(Newser) – Stocks fell sharply Thursday as investors worried that President Trump’s planned tariffs on steel and aluminum will lead to retaliation from other countries, the AP reports. Trump told industry executives he would impose the tariffs next week. The head of the European Commission said the region would respond in…

Tech, banks led gains Friday

(Newser) – Stocks are ending the week slightly higher after a two-day rally wiped out losses from earlier in the week, the AP reports. The gains Friday were led by technology and banks. Hewlett Packard Enterprise soared 10.5% and former corporate sibling HP rose 3.5% after both reported solid results….

Industrial stocks led the way

(Newser) – Stocks closed mostly higher Thursday on Wall Street after much of a midday rally faded away by the closing bell, the AP reports. Industrial stocks contributed the most to the market’s gains. United Technologies rose 3.3% a day after its CEO said the company may split up. Energy…

More than half the losses from earlier this month have been wiped out

(Newser) – Stocks ended an up-and-down day mostly higher Friday, capping a week of strong gains that wiped out more than half of the losses suffered in a series of wild swings in early February, the AP reports. The Standard & Poor’s 500 index rose for the sixth day in a…

No thanks to energy companies

(Newser) – A surge in marquee technology companies pushed stocks higher again Thursday on Wall Street, giving the market its fifth gain in a row, the AP reports. The Dow Jones industrial average rose more than 300 points. Big increases from Apple, Microsoft, and Cisco drove the tech sector higher, helping to…

Banks had a good day

(Newser) – Stocks rose for the fourth day in a row Wednesday on Wall Street after shaking off an early stumble following another sign that inflation was picking up slightly, the AP reports. The market started slightly lower but turned higher within the first hour of trading and kept going. The Dow…

But Dow and S&P 500 both end week down over 5% overall

(Newser) – Stocks staged a late rally Friday, ending a wild week marked by dramatic point swings on a positive note, the AP reports. The Dow Jones industrial average gained 330 points, or 1.4%, to 24,190. Earlier in the day it had dropped by 500. The S&P 500 gained…

But some experts say not to worry

(Newser) – The Dow Jones industrial average plunged more than 1,000 points on Thursday as a weeklong market swoon continued, the AP reports. Worries about inflation set the market rout in motion last Friday, and many market watchers have been predicting a pullback after the market’s relentless march higher…

Tech companies hit by some of the biggest losses

(Newser) – Stocks are ending a wobbly Wednesday lower, but with far less volatility than the market has seen over the previous three days, the AP reports. Technology companies posted some of the biggest losses. Apple gave up 2.1% and Facebook lost 2.8%. Energy companies also fell. Exxon Mobil gave…

It ends worst week for stocks in 2 years

(Newser) – The stock market closed sharply lower Friday, extending a week-long slide, as the Dow Jones industrial average plunged more than 600 points, the AP reports. Stocks ended their worst week in two years, and the Dow’s drop was its biggest in percentage terms since June 2016. Several giant US…

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