Wall St: Nasdaq tumbles 2%, Dow falls 1.13% as tech stocks extend slide
2 years, 11 months ago

Wall St: Nasdaq tumbles 2%, Dow falls 1.13% as tech stocks extend slide

Live Mint  

Wall Street's main indexes tumbled on Monday as heavyweight technology stocks dropped on expectations of a high interest rate environment, which pushed U.S. Treasury yields to fresh two-year highs and supported banks. Megacap companies including Apple Inc, Amazon.com Inc, Microsoft Corp, Meta Platforms Inc and Tesla Inc fell between 2.1% and 4.4% in early trading. The S&P 500 and the tech-heavy Nasdaq indexes were on course for their fifth straight day of declines as growth stocks tumbled in the first week of 2022 after investors began to recalibrate their portfolios to account for a more hawkish Federal Reserve. And you have Goldman now expecting to see four rate hikes in 2022 and that is just a very hostile environment for tech and growth stocks," said Thomas Hayes, managing member at Great Hill Capital LLC in New York.

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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
1 day, 3 hours 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 St futures choppy as investors digest Fed’s rate cut view
Trending News
1 day, 5 hours ago

Wall St futures choppy as investors digest Fed’s rate cut view

Live Mint  

* Qualcomm up after win against Arm in chips trial * Lilly gains after weight-loss drug approved for sleep apnea * Futures: Dow down 0.27%, S&P 500 off 0.06%, Nasdaq up 0.16% By Medha Singh and Purvi Agarwal Dec 23 - U.S. stock index futures were subdued on Monday after a last-minute government funding bill averted a shutdown and investors …

Wall Street heads for upbeat open as investors cheer US inflation data
Trending News
1 day, 5 hours 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 …

Wall Street week ahead: After Fed’s hawkish stance, investors to look for Santa Claus rally
2 days ago

Wall Street week ahead: After Fed’s hawkish stance, investors to look for Santa Claus rally

Live Mint  

After the hawkish stance of the US Federal Reserve last week, investors on Wall Street in the holiday-shortened week ahead will face a largely uneventful economic calendar. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave last week when the central bank hinted it may deliver fewer rate cuts in 2025 than it earlier …

Wall Street rises to turn a dismal week into just a bad one
4 days, 13 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 …

Fed lowers rates but sees fewer cuts ahead
Top News
4 days, 18 hours ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

US Federal Reserve Chair Jerome Powell departs after speaking at a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, December 18, 2024. WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis …

Fed lowers rates but sees fewer cuts ahead
Trending News
4 days, 18 hours ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, while signaling a slower-than-expected pace of easing next year. US stocks plunged following the rate cuts, with the Dow Jones Industrial Average falling 2.58 percent, the S&P 500 sinking 2.95 percent and the Nasdaq dropping 3.56 …

Stock market today: Wall Street ends little changed after giving up a big morning gain
5 days, 13 hours ago

Stock market today: Wall Street ends little changed after giving up a big morning gain

Associated Press  

NEW YORK — An early rebound for U.S. stocks on Thursday petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.1% following Wednesday’s tumble of 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought. The computer memory company’s revenue fell …

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
6 days, 3 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, 13 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, 18 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 …

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

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting
1 week, 1 day ago

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting

Associated Press  

NEW YORK — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The market’s main event, though, …

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close
1 week, 2 days ago

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close

Live Mint  

* Fed widely expected to cut rates by 25 bps on Wednesday * Some investors brace for "hawkish cut," with Fed suggesting pause in easing cycle * S&P 500 up 27% in 2024, with Nasdaq breaching 20,000 as latest equities milestone By Lewis Krauskopf NEW YORK, Dec 13 - A banner year for U.S. stocks gets one of its last …

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close
1 week, 3 days ago

Wall St Week Ahead-Fed rate view in focus as robust stocks year draws to close

Live Mint  

* Fed widely expected to cut rates by 25 bps on Wednesday * Some investors brace for "hawkish cut," with Fed suggesting pause in easing cycle * S&P 500 up 27% in 2024, with Nasdaq breaching 20,000 as latest equities milestone By Lewis Krauskopf NEW YORK, Dec 13 - A banner year for U.S. stocks gets one of its last …

Wall Street today: S&P 500, Nasdaq slid at US market open as investors eye economic data ahead of Fed meeting
1 week, 5 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 …

Wall Street’s rally stalls as Nasdaq pulls back from its record
1 week, 5 days ago

Wall Street’s rally stalls as Nasdaq pulls back from its record

LA Times  

People pass the New York Stock Exchange in New York’s Financial District on Wednesday. “One week doesn’t negate what has been a relatively steady stream of solid labor market data, but the Fed is primed to be sensitive to any signs of a softening jobs picture,” he said. He rang the bell marking the start of trading at the New …

Wall Street today: US stocks edge higher after inflation data boosts rate cut hopes
1 week, 6 days ago

Wall Street today: US stocks edge higher after inflation data boosts rate cut hopes

Live Mint  

US stocks edged higher on Wednesday after November CPI inflation data boosted hopes for interest rates cut by the Federal Reserve later this month. ET, the Dow Jones Industrial Average fell 9.26 points, or 0.02 per cent, to 44,238.61, the S&P 500 gained 46.31 points, or 0.77 per cent, to 6,081.22 and the Nasdaq Composite gained 291.54 points, or 1.48 …

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. …

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

Wall Street gets back to climbing, and the Nasdaq tops 20,000

LA Times  

The Standard & Poor’s 500 index rose 0.8% to break its first two-day losing streak in nearly a month and finished just short of its all-time high. Stocks got a boost as expectations built that Wednesday’s inflation data will enable the Fed to deliver another cut to interest rates at its meeting next week. “The data have given the Fed …

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 …

Wall Street today: US stocks open mixed; Google rises over 4%, Oracle slumps 8%
2 weeks ago

Wall Street today: US stocks open mixed; Google rises over 4%, Oracle slumps 8%

Live Mint  

US stocks were mixed on Tuesday with the Nasdaq outperforming its peers, boosted by rising megacap technology stocks. At 9:37 am ET, the Dow Jones Industrial Average fell 145.77 points, or 0.33 per cent, to 44,256.16, the S&P 500 lost 0.16 points to 6,052.69 and the Nasdaq Composite gained 82.12 points, or 0.42 per cent, to 19,818.81. At the opening …

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 …

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

Nvidia drags Wall Street from its records as oil and gold rise

LA Times  

A sign marks the intersection of Wall Street and South Street in New York’s Financial District. 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 has skyrocketed to become one of Wall Street’s most valuable companies because its chips are driving much of …

Wall Street today: US stocks edge higher after strong jobs data
2 weeks, 4 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, …

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
3 weeks 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, …

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 …

Losses for Big Tech pull U.S. stock indexes lower
3 weeks, 6 days ago

Losses for Big Tech pull U.S. stock indexes lower

LA Times  

The Standard & Poor’s 500 fell 0.4%, even though more stocks in the index notched gains than ended lower. Technology stocks helped pull stocks lower Wednesday on Wall Street, handing the market its first loss in more than a week. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls …

Wall St closes higher; small-caps hit record high after Trump nominates Bessent
4 weeks ago

Wall St closes higher; small-caps hit record high after Trump nominates Bessent

Live Mint  

* Barclays raises full-year S&P 500 forecast * Bond yields drop as Bessent's move seen easing fiscal concerns * Macy's slides after delaying Q3 report on accounting issue By Saeed Azhar, Johann M Cherian and Purvi Agarwal Nov 25 - Wall Street's main indexes ended higher on Monday, with the small-cap Russell 2000 index hitting an all-time high after Scott …

Stock market today: Dow hits another record as stocks rise
4 weeks, 1 day ago

Stock market today: Dow hits another record as stocks rise

Associated Press  

NEW YORK — U.S. stocks rose Monday, with those benefiting the most from lower interest rates and a stronger economy leading the way. Treasury yields also eased in the bond market amid what some analysts called a “Bessent bounce” after President-elect Donald Trump said he wants Scott Bessent, a hedge fund manager, to be his Treasury Secretary. Such an approach …

Dow hits another record as stocks continue to rise
4 weeks, 1 day ago

Dow hits another record as stocks continue to rise

LA Times  

U.S. stocks rose Monday, with those benefiting the most from lower interest rates and a stronger economy leading the way. Treasury yields also eased in the bond market amid what some analysts called a “Bessent bounce” after President-elect Donald Trump said he wants Scott Bessent, a hedge fund manager, to be his Treasury secretary. Such an approach could soothe worries …

Wall Street week ahead: Investors eye Q3 GDP, PCE inflation, Federal Reserve minutes
1 month ago

Wall Street week ahead: Investors eye Q3 GDP, PCE inflation, Federal Reserve minutes

Live Mint  

Market participants on Wall Street in the holiday-shortened week ahead will have a lot of significant economic data to watch for. Among the economic reports, the week will see third quarter gross domestic product numbers, the personal income and Personal Consumption Expenditures price index data, the Fed’s preferred inflation gauge, for October. On November 27, separate reports on durable-goods orders …

Stocks Climb Led by Small Caps, Bitcoin Soars: Markets Wrap
1 month ago

Stocks Climb Led by Small Caps, Bitcoin Soars: Markets Wrap

Live Mint  

-- It’s shaping up to be a good week for blue-chip and small-cap stocks which led Friday’s advance as this year’s big tech winners struggled to gain ground. The dollar rose, on course for an eighth straight week of gains, the currency’s longest run of the year, while Bitcoin set an all-time high in its race toward the $100,000 mark. …

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 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 drifts as Target tumbles
1 month ago

Wall Street drifts as Target tumbles

LA Times  

The Standard & Poor’s 500 index finished Wednesday virtually unchanged after erasing a loss of 1% from the morning. 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 year through Tuesday, that pressure …

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 …

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 …

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 …

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