Wall Street tumbles on worries about the economy; Dow drops more than 600 points
3 months, 3 weeks ago

Wall Street tumbles on worries about the economy; Dow drops more than 600 points

LA Times  

U.S. stocks tumbled Tuesday to their worst day since an early August sell-off, as a week full of updates on the economy got off to a discouragingly weak start. Stocks of oil and gas companies were some of the market’s biggest losers after the price of crude oil fell roughly 4% on concerns about how much fuel a fragile global economy will burn. But if Friday’s report is weaker, it could drive the Fed to deliver an outsize cut of half a percentage point from the federal funds rate’s current range of 5.25% to 5.50%, Mericle said. On Wall Street, U.S. Steel fell 6.1% in its first trading after Vice President Kamala Harris said Monday that she opposed the company’s planned sale to Japan’s Nippon Steel Corp. The subdued performance could bolster criticism that Nvidia and other major tech stocks simply soared too high in Wall Street’s frenzy around artificial intelligence technology.

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Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%
Trending News
22 hours, 9 minutes ago

Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%

Live Mint  

US stocks were mixed on Monday, as a stopgap government funding bill averted a partial shutdown. At 11:07 a.m. the Dow Jones Industrial Average fell 247.19 points, or 0.58 per cent, to 42,593.07 and the S&P 500 lost 5.47 points, or 0.09 per cent, to 5,925.38. At 09:45 am ET, the Dow Jones Industrial Average fell 132.48 points, or 0.32 …

Wall Street heads for upbeat open as investors cheer US inflation data
Trending News
1 day ago

Wall Street heads for upbeat open as investors cheer US inflation data

Live Mint  

* Dollar gains, S&P futures up 0.1% * Futures imply two Fed rate cuts in 2025 * Dollar remains strong on high bond yields By Amanda Cooper LONDON, Dec 23 - U.S. stock futures rose on Monday, pointing to an upbeat start on Wall Street following a U.S. inflation reading last week that offered some hope for further policy easing …

How major US stock indexes fared Friday, 12/20/2024
3 days, 15 hours ago

How major US stock indexes fared Friday, 12/20/2024

Associated Press  

U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The Dow Jones Industrial Average jumped nearly 500 points, and the Nasdaq composite gained 1%. On Friday: The S&P 500 rose 63.77 points, or 1.1%, to 5,930.85. The Dow Jones Industrial Average rose 498.02 points, or …

Wall Street rises to turn a dismal week into just a bad one
4 days, 8 hours ago

Wall Street rises to turn a dismal week into just a bad one

Associated Press  

NEW YORK — U.S. stocks rose Friday to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave this week when the central bank hinted it may deliver fewer cuts to interest rates next year …

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
5 days, 22 hours ago

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies

Live Mint  

US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. At 12:00 pm ET, the Dow Jones Industrial Average rose 160.68 points, or 0.37 per cent, to 43,610.58, the S&P 500 gained 12.56 points, or 0.21 per cent, …

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025
6 days, 8 hours ago

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025

Associated Press  

NEW YORK — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. The Fed said Wednesday it’s cutting its main interest rate for a third time this year, continuing the sharp turnaround begun in September …

U.S. stocks fall sharply and Dow loses 1,100 points after the Fed hints at just two rate cuts in 2025
6 days, 13 hours ago

U.S. stocks fall sharply and Dow loses 1,100 points after the Fed hints at just two rate cuts in 2025

LA Times  

Specialist Meric Greenbaum listens on the floor of the New York Stock Exchange as the Federal Reserve’s rate decision is announced Wednesday. U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday that it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. The Fed said …

How major US stock indexes fared Tuesday, 12/17/2024
6 days, 15 hours ago

How major US stock indexes fared Tuesday, 12/17/2024

Associated Press  

U.S. stock indexes closed lower and gave back some of their stellar gains for the year. The S&P 500 fell 0.4% Tuesday, though it’s still near its all-time high set earlier this month. The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite fell 0.3% from its record set the day before. The Dow Jones Industrial Average fell 267.58 …

Wall Street: US stocks slip after strong retail sales data, Nvidia dips 3.5%, Pfizer jumps 4% — Why markets are falling
6 days, 22 hours ago

Wall Street: US stocks slip after strong retail sales data, Nvidia dips 3.5%, Pfizer jumps 4% — Why markets are falling

Live Mint  

US stocks slipped on Tuesday, as investors become cautious ahead of the Federal Reserve's interest rate decision following strong retail sales data. At 9:41 am ET, the Dow Jones Industrial Average fell 231.55 points, or 0.53 per cent, to 43,487.22, the S&P 500 lost 28.68 points, or 0.47 per cent, to 6,045.40 and the Nasdaq Composite lost 97.40 points, or …

Stock market today: Wall Street trims its stellar gains as Nvidia’s star dims again
1 week ago

Stock market today: Wall Street trims its stellar gains as Nvidia’s star dims again

Associated Press  

NEW YORK — U.S. stock indexes pulled back on Tuesday to trim some of their stellar gains for the year. Nvidia, the superstar stock that’s been a big reason for Wall Street’s run to repeated records this year, fell 1.2% to weigh on the market. Like the overall U.S. market, Nvidia’s stock had climbed so much that critics warned expectations …

Wall Street trims its stellar gains as Nvidia’s star dims again
1 week ago

Wall Street trims its stellar gains as Nvidia’s star dims again

LA Times  

A scooter passes the New York Stock Exchange. The Standard & Poor’s 500 slipped 0.4%, though it’s still near its all-time high set earlier this month. It’s the eighth loss in nine days for the stock, which has dropped more than 12% from its record set last month, as its moon shot momentum slows. The survey’s broadest measure of optimism, …

Wall Street today: S&P 500, Nasdaq slid at US market open as investors eye economic data ahead of Fed meeting
1 week, 4 days ago

Wall Street today: S&P 500, Nasdaq slid at US market open as investors eye economic data ahead of Fed meeting

Live Mint  

Wall Street today: The US markets opened today with the S&P 500 and the Nasdaq losing points on Thursday, after closing higher at the previous market close. At 9:37 a.m., the Dow Jones Industrial Average rose 0.09 per cent to 44,188.62 points, the S&P 500 dropped 0.26 per cent to 6,068.64 points and the Nasdaq Composite fell 0.48 per cent …

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000
1 week, 6 days ago

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000

Associated Press  

NEW YORK — U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. Stocks got a boost as expectations built that Wednesday’s inflation data will allow the Fed to deliver another cut to interest rates at its meeting next week. …

How major US stock indexes fared Tuesday, 12/10/2024
1 week, 6 days ago

How major US stock indexes fared Tuesday, 12/10/2024

Associated Press  

U.S. stock indexes drifted lower in the runup to the highlight of the week for the market, the latest update on inflation. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite also fell 0.3%. Treasury yields rose in the bond market ahead of Wednesday’s inflation report, which will be among the final big pieces of data before the …

Stock market today: Wall Street slips to a rare back-to-back loss
2 weeks ago

Stock market today: Wall Street slips to a rare back-to-back loss

Associated Press  

NEW YORK — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. AP AUDIO: Stock market today: Wall Street drifts as it waits for inflation data Investors are looking for direction on Wall Street. Wednesday’s update and a report on Thursday about …

Stock market today: Wall Street slips to a rare back-to-back loss
2 weeks ago

Stock market today: Wall Street slips to a rare back-to-back loss

LA Times  

A banner for Alaska Air Group hangs at the front of the New York Stock Exchange in the city’s Financial District. U.S. stock indexes drifted lower Tuesday in the run-up to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. Tech titan Oracle dragged on the market and sank 6.7% after reporting …

Stock market today: Nvidia drags Wall Street from its records as oil and gold rise
2 weeks, 1 day ago

Stock market today: Nvidia drags Wall Street from its records as oil and gold rise

Associated Press  

NEW YORK — A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. Nvidia’s fall of 2.5% was by far the heaviest weight on the S&P 500 after China said it’s investigating the company over suspected violations of Chinese anti-monopoly laws. Nvidia’s drop overshadowed gains …

Wall Street today: US stocks edge higher after strong jobs data
2 weeks, 3 days ago

Wall Street today: US stocks edge higher after strong jobs data

Live Mint  

Wall Street stocks edged higher on Friday after payrolls data showed growth in jobs in November. As of 10:05 am Eastern time, the S&P 500 added 0.3 per cent, the Dow Jones Industrial Average was or 0.1 per cent higher, and the Nasdaq Composite climbed 0.6 per cent. At the opening bell, the Dow Jones Industrial Average rose 58.6 points, …

How major US stock indexes fared Thursday, 12/5/2024
2 weeks, 4 days ago

How major US stock indexes fared Thursday, 12/5/2024

Associated Press  

U.S. stocks slipped below their records in the runup to a big jobs report due on Friday. The Dow Jones Industrial Average lost 0.6%, while the Nasdaq composite fell 0.2%. On Thursday: The S&P 500 fell 11.38 points, or 0.2%, to 6,075.11. The Dow Jones Industrial Average fell 248.33 points, or 0.6%, to 44,765.71. The Russell 2000 index of smaller …

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000
2 weeks, 5 days ago

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000

Associated Press  

NEW YORK — The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. Bitcoin powered above $100,000 for the first time the night before, after President-elect Donald Trump chose Paul Atkins, who’s seen as a crypto advocate, as his nominee to head the Securities and Exchange …

Wall Street today: S&P 500 and Dow Jones slip, Nasdaq edges higher
2 weeks, 6 days ago

Wall Street today: S&P 500 and Dow Jones slip, Nasdaq edges higher

Live Mint  

Wall Street stock indices were mixed on Tuesday after the S&P 500 and the Nasdaq hit record high levels in the previous session. As of 10:15 am Eastern time, the S&P 500 was down 0.1 per cent, the Dow Jones Industrial Average dropped 0.2 per cent, and the Nasdaq Composite edged up by 0.1 per cent. At the opening bell, …

Stock market today: Wall Street inches higher to set more records
3 weeks ago

Stock market today: Wall Street inches higher to set more records

Associated Press  

NEW YORK — U.S. stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far. Nippon Steel announced plans last December to buy the Pittsburgh-based steel producer for $14.1 billion in cash, raising concerns about what the transaction could mean for unionized workers, supply chains and U.S. …

Wall Street inches higher, setting more records
3 weeks ago

Wall Street inches higher, setting more records

LA Times  

U.S. stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far. Nippon Steel announced plans last December to buy the Pittsburgh-based steel producer for $14.1 billion in cash, raising concerns about what the transaction could mean for unionized workers, supply chains and U.S. national security. Yields …

Stock market today: Losses for Big Tech pull US indexes lower
3 weeks, 6 days ago

Stock market today: Losses for Big Tech pull US indexes lower

Associated Press  

Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week. Several personal computer makers also helped pull the market lower following their latest earnings reports. AP AUDIO: Stock market today: Wall Street wavers as Big Tech stocks fall AP correspondent Seth Sutel reports on the latest market movements. The …

Wall Street turns positive as Dow hits one-week high
Trending News
1 month ago

Wall Street turns positive as Dow hits one-week high

Live Mint  

* Amazon drops after report on EU investigation next year * Alphabet slips after Justice Department pushes for Chrome sale * Deere shares up after Q4 profit beats estimates * Indexes up: Dow 1.19%, S&P 500 0.65%, Nasdaq 0.22% By Abigail Summerville and Johann M Cherian Nov 21 - Wall Street's main indexes turned positive after choppy trading on Thursday, …

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000
1 month ago

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000

Associated Press  

NEW YORK — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock …

Wall Street rises with Nvidia as bitcoin bursts above $99,000
1 month ago

Wall Street rises with Nvidia as bitcoin bursts above $99,000

LA Times  

U.S. stocks climbed Thursday after market superstar Nvidia and other companies said they’re making even fatter profits than expected. Nvidia rose just 0.5% after beating analysts’ estimates for profit and revenue yet again, but it was still the strongest force pulling the S&P 500 upward. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it …

Wall Street today: US stocks drop amid geopolitical tensions, Nvidia earnings in focus, Target tanks 20%
1 month ago

Wall Street today: US stocks drop amid geopolitical tensions, Nvidia earnings in focus, Target tanks 20%

Live Mint  

US stocks dropped on Wednesday amid escalating geopolitical tensions between Russia and Ukraine, and as investors awaited chip giant Nvidia's quarterly results. At 09:53 am the Dow Jones Industrial Average rose 1.09 points to 43,270.03, the S&P 500 lost 20.79 points, or 0.35 per cent, to 5,896.19 and the Nasdaq Composite lost 94.90 points, or 0.50 per cent, to 18,892.57. …

Stock market today: Wall Street drifts as Target tumbles
1 month ago

Stock market today: Wall Street drifts as Target tumbles

Associated Press  

NEW YORK — U.S. stocks drifted to a mixed finish on Wednesday, though the modest moves for indexes masked some thrashing underneath the surface. Target’s performance stood in stark contrast to rival Walmart, which reported another quarter of stellar sales Tuesday and released optimistic projections for the holiday season. It’s grown so fast, with its stock nearly tripling for the …

Wall Street today: US stocks slip as investors rush to safe-haven assets on escalating Russia-Ukraine tensions
1 month ago

Wall Street today: US stocks slip as investors rush to safe-haven assets on escalating Russia-Ukraine tensions

Live Mint  

US stock indices slipped on Tuesday, as investors rush to safe-haven assets on escalating tensions between Russia and Ukraine. The Dow Jones Industrial Average was down 0.8 per cent, and the Nasdaq Composite was 0.2 per cent lower. At the opening bell, the Dow Jones Industrial Average fell 146.3 points, or 0.34 per cent, to 43,243.27. The S&P 500 fell …

How major US stock indexes fared Monday, 11/18/2024
1 month ago

How major US stock indexes fared Monday, 11/18/2024

Associated Press  

Most U.S. stocks ticked higher to recover some of their sharp slide from last week. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite gained 0.6%. On Monday: The S&P 500 rose 23.00 points, or 0.4%, to 5,893.62. The Dow Jones Industrial Average fell 55.39 points, or 0.1%, to 43,389.60. The Russell 2000 index of smaller companies rose …

Stock market today: Wall Street rises following last week’s slide
1 month ago

Stock market today: Wall Street rises following last week’s slide

Associated Press  

NEW YORK — Most U.S. stocks ticked higher Monday to recover some of their sharp slide from last week. Investors had sent the S&P 500 nearly 4% higher in the days immediately following Trump’s presidential win. Bank stocks, smaller companies and other areas of the market seen as the biggest winners from Trump’s preference for lower tax rates, higher tariffs …

Wall Street rises following last week’s slide
1 month ago

Wall Street rises following last week’s slide

LA Times  

The Standard & Poor’s 500 index rose 0.4% for its first gain in three sessions. Stocks of banks, smaller companies and other areas of the market seen as the biggest winners from Trump’s preference for lower tax rates, higher tariffs and lighter regulation did particularly well. That could tie the Federal Reserve’s hands, when the central bank is trying to …

How major US stock indexes fared Friday, 11/15/2024
1 month, 1 week ago

How major US stock indexes fared Friday, 11/15/2024

Associated Press  

U.S. stocks fell to their worst loss since Election Day as the rally that Wall Street got from last week’s victory for Donald Trump and a cut to interest rates by the Federal Reserve kept fading. The Dow Jones Industrial Average dropped 0.7%, and the Nasdaq composite fell 2.2%. The Dow Jones Industrial Average fell 305.87 points, or 0.7%, to …

Wall Street today: S&P 500 falls toward worst loss since Election Day dragged by vaccine makers
1 month, 1 week ago

Wall Street today: S&P 500 falls toward worst loss since Election Day dragged by vaccine makers

Live Mint  

Wall Street today: US stocks are falling Friday toward their worst loss since Election Day as the big bump Wall Street got from last week's victory for Donald Trump and cut to interest rates by the US Federal Reserve keeps fading. The S&P 500 sank 1.1 per cent and was heading for a losing week and its worst day since …

Stock market today: Wall Street tumbles as the “Trump bump” fades and vaccine makers sink
1 month, 1 week ago

Stock market today: Wall Street tumbles as the “Trump bump” fades and vaccine makers sink

Associated Press  

NEW YORK — U.S. stocks tumbled Friday as the “Trump bump” that Wall Street got from last week’s presidential election, along with a cut to interest rates by the Federal Reserve, kept fading. “Kennedy’s appointment may make it less likely traditional qualified experienced staff will agree to join HHS, creating more uncertainty.” Biotech stocks broadly sank to some of the …

Stocks tumble on Wall Street as the ‘Trump bump’ fades and vaccine makers sink
1 month, 1 week ago

Stocks tumble on Wall Street as the ‘Trump bump’ fades and vaccine makers sink

LA Times  

Trader Robert Charmak works on the floor of the New York Stock Exchange last week. U.S. stocks tumbled Friday as the “Trump bump” that Wall Street got from last week’s presidential election, along with a cut to interest rates by the Federal Reserve, kept fading. Besides Friday’s hit to vaccine makers, Treasury yields have been climbing on both the economy’s …

Stock market today: Wall Street weakens as its post-election boom slows some more
1 month, 1 week ago

Stock market today: Wall Street weakens as its post-election boom slows some more

Associated Press  

NEW YORK — U.S. stocks slipped Thursday as the market’s big burst following Donald Trump’s election continued to cool. Cisco Systems’ 2.1% drop weighed on the market, even though the tech giant reported stronger profit for the latest quarter than analysts expected. It’s a turnaround from the election’s immediate aftermath, when the thought was that an “America First” president would …

Wall Street weakens as its post-election boom slows some more
1 month, 1 week ago

Wall Street weakens as its post-election boom slows some more

LA Times  

The Standard & Poor’s 500 index fell 0.6%, though it’s still near its all-time high set Monday. Cisco Systems’ drop of 2.1% weighed on the market, even though the tech giant reported stronger profit for the latest quarter than analysts expected. It’s a turnaround from the election’s immediate aftermath, when the thought was that an “America first” president would benefit …

Stocks fall as rally stalls, yields climb on Trump policy worry
Trending News
1 month, 1 week ago

Stocks fall as rally stalls, yields climb on Trump policy worry

Live Mint  

By Chuck Mikolajczak NEW YORK -A gauge of global stocks fell on Tuesday after five straight sessions of gains while the dollar hit its highest level in over four months as investors assess the impact of U.S. President-elect Donald Trump's likely policies on growth and inflation. But concerns that Trump's policies could rekindle inflation after a long battle to reduce …

Wall Street drifts lower after post-election surge
1 month, 1 week ago

Wall Street drifts lower after post-election surge

LA Times  

A pair of traders work in their booth on the floor of the New York Stock Exchange. U.S. stocks drifted lower Tuesday as momentum cooled for the torrid “Trump trade” that swept Wall Street after Donald Trump’s presidential victory. Stocks had been broadly rising since last week on expectations that Trump’s preference for lower tax rates and other policies may …

How major US stock indexes fared Monday, 11/11/2024
Trending News
1 month, 1 week ago

How major US stock indexes fared Monday, 11/11/2024

Associated Press  

Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check. The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 0.7%, and the Nasdaq composite edged up …

Dow Jones Industrial Average notches record high close
1 month, 1 week ago

Dow Jones Industrial Average notches record high close

Live Mint  

* Tesla surges beyond $1 trillion market value * Crypto stocks gain as bitcoin rallies By Lisa Pauline Mattackal and Noel Randewich Nov 11 - The Dow Jones Industrial Average notched a record high close on Monday, lifted by bank stocks that benefited from optimism about Republican President-elect Donald Trump's expected fiscal policies. "It's been a wild four days since …

US Stock Market Soars on Election Day as Voters Head to Polls
1 month, 2 weeks ago

US Stock Market Soars on Election Day as Voters Head to Polls

Hindustan Times  

US stock market is ticking higher on Election Day as voters head to polls. The S&P 500 is up 0.4%, the Dow Jones Industrial Average is up 0.2%, and the Nasdaq composite is up 0.6%. The election is the main event, even if the result may not be known for days, weeks or months as officials count all the votes.

US Stock Market Surges, Oil Prices Climb, and Treasury Yields Dip
Trending News
1 month, 2 weeks ago

US Stock Market Surges, Oil Prices Climb, and Treasury Yields Dip

Associated Press  

US stock markets enjoyed a mixed performance on Monday, with the S&P 500 and Dow Jones Industrial Average showing slight losses, while the Nasdaq composite lost ground. Oil prices climbed, while Treasury yields dropped. The Chinese government's decision on stimulus for the world's second-largest economy is expected to be a major factor to watch for investors.

Wall Street today: US stocks mixed ahead of presidential election, Nvidia rises 1.7%
1 month, 2 weeks ago

Wall Street today: US stocks mixed ahead of presidential election, Nvidia rises 1.7%

Live Mint  

US stocks were mixed on Monday ahead of Tuesday’s presidential election and Federal Reserve’s expected rate cut decision later in the week. The Dow Jones Industrial Average was down 0.5 per cent, and the Nasdaq Composite was 0.1 per cent higher. The Dow Jones Industrial Average was down 0.3per cent and the Nasdaq Composite was 0.1per cent higher. At the …

Wall Street closes mostly lower and ends a 6-week winning streak
1 month, 4 weeks ago

Wall Street closes mostly lower and ends a 6-week winning streak

LA Times  

U.S. stock indexes gave up early gains and drifted to a mixed finish Friday, helping give the market its first losing week since early September. The latest round of corporate profit reports could give Wall Street a better sense of whether the high stock prices are justified. Capital One Financial rose 5.2% after beating Wall Street’s third-quarter financial forecasts. Economists …

Wall Street slumps to a rare three-day losing streak
2 months ago

Wall Street slumps to a rare three-day losing streak

LA Times  

U.S. stocks fell Wednesday as more steam came out of Wall Street’s huge, record-breaking rally. The Dow Jones industrial average dropped 409 points, or 1%, while the Nasdaq composite tumbled 1.6%; Nvidia and other major tech stocks were among the market’s heaviest weights. McDonald’s helped pull the market lower, dropping 5.1% after federal health officials linked its Quarter Pounder burgers …

Stock market today: Asian shares fall after Wall Street pulls back from its records
2 months ago

Stock market today: Asian shares fall after Wall Street pulls back from its records

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Wall Street pulls back from its records
2 months ago

Wall Street pulls back from its records

LA Times  

People pass the New York Stock Exchange in New York’s Financial District on Oct. 16, 2024. U.S. stocks edged back from their all-time highs Monday as some of the steam came out of Wall Street’s long, record-breaking rally. Crude oil prices rose to regain some of last week’s sharp losses, while U.S. Treasury yields climbed and stock indexes mostly fell …

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