Wall Street rally loses steam after report on coronavirus drug trial; main US stock indexes trim gains
4 years, 8 months ago

Wall Street rally loses steam after report on coronavirus drug trial; main US stock indexes trim gains

Firstpost  

Wall Street was in positive territory on Thursday but surrendered strong earlier gains after a report that an experimental antiviral drug for the coronavirus flopped in its first randomized clinical trial. All three main US stock indexes trimmed increases of over 1 percent, with the S&P 500 and Nasdaq briefly turning negative after the Financial Times reported that a Chinese trial showed that Gilead Science’s remdesivir did not improve patients’ condition or reduce the pathogen’s presence in the bloodstream. The energy index rose 3.2 percent, easily leading the 11 S&P 500 sectors as oil prices recovered in a tumultuous week that saw US crude futures crash below zero for the first time in history. A survey showed US business activity plumbed new record lows in April, mirroring dire figures from Europe and Asia as strict stay-at-home orders crushed production, supply chains and consumer spending.

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How major US stock indexes fared Tuesday, 12/31/2024
Trending News
1 week, 2 days ago

How major US stock indexes fared Tuesday, 12/31/2024

Associated Press  

Stock indexes closed mostly lower on Wall Street on the final day of another record-setting year. The S&P 500 slipped 0.4% Tuesday, but still managed to rack up a gain of 23.3% for the year, its second straight year with gains of more than 20%. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite lost 0.9%. Big Tech …

Wall Street today: US stocks rise on final day of bullish 2024
Trending News
1 week, 2 days ago

Wall Street today: US stocks rise on final day of bullish 2024

Live Mint  

Wall Street stocks edged higher on the final trading session of 2024 on Tuesday, extending a bull run of the year fuelled by a nearly 100 basis point cut in interest rates by the US Federal Reserve and a boost from the AI revolution At 09:53 am, the Dow Jones Industrial Average rose 79.15 points, or 0.19 per cent, to …

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year
1 week, 3 days ago

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year

Associated Press  

Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The stock market’s record-breaking turn in 2024 was “certainly much better that what most people on Wall Street, myself included, thought we would get this year,” said Sam Stovall, chief investment strategist at CFRA. Receding inflation, …

Wall Street indexes lose ground as market closes another record-breaking year
1 week, 3 days ago

Wall Street indexes lose ground as market closes another record-breaking year

LA Times  

A sign outside the New York Stock Exchange marks the intersection of Wall and Broad Streets, Dec. 12, 2024, in New York. Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The stock market’s record-breaking turn in 2024 was “certainly much better that what most …

Wall Street Today: US stocks extend holiday-thin trading dragged by Nvidia, set for 1% weekly gain; S&P up 25% YTD
1 week, 6 days ago

Wall Street Today: US stocks extend holiday-thin trading dragged by Nvidia, set for 1% weekly gain; S&P up 25% YTD

Live Mint  

Wall Street Today: Wall Street's main indices opened lower after US stocks fell in morning trading on Friday, December 27, dampening an upbeat holiday-shortened week that started looking like a classic "Santa Claus" rally was unfolding. The S&P 500 fell 1.4 per cent, with over 80 per cent of stocks in the benchmark index losing ground. MSCI's broad global share …

Wall Street drifts to a mixed close in thin trading after Christmas pause
2 weeks, 1 day ago

Wall Street drifts to a mixed close in thin trading after Christmas pause

LA Times  

The Standard & Poor’s 500 index slipped less than 0.1% on Thursday, its first loss after three straight gains. Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level …

Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%
Trending News
2 weeks, 3 days 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 rises to turn a dismal week into just a bad one
2 weeks, 6 days 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 rises to turn a dismal week into just a bad one
3 weeks ago

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

LA Times  

Trader John Romolo works on the floor of the New York Stock Exchange on Wednesday. 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 H. Powell gave this week when the …

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
3 weeks, 1 day 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, …

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

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000
4 weeks, 1 day 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. …

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

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000
1 month 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
1 month 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 turns positive as Dow hits one-week high
Trending News
1 month, 2 weeks 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, 2 weeks 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, 2 weeks 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 weakens as its post-election boom slows some more
1 month, 3 weeks 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, 3 weeks 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 …

How major US stock indexes fared Monday, 11/11/2024
Trending News
1 month, 4 weeks 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, 4 weeks 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 …

Wall Street week ahead: Investors to closely watch inflation, retail sales data
1 month, 4 weeks ago

Wall Street week ahead: Investors to closely watch inflation, retail sales data

Live Mint  

In past few days, Wall Street witnessed stock indices climbing to records after Republican candidate and former president Donald Trump resoundingly won the US election against Vice President Kamala Harris. Among the economic data, investors will closely watch consumer inflation and retail sales numbers next week. On November 15, separate reports on Empire State manufacturing survey for November, US retail …

Wall Street on track to log best week in one year after Trump’s poll win; S&P 500, Dow in green after US Fed rate cut
2 months ago

Wall Street on track to log best week in one year after Trump’s poll win; S&P 500, Dow in green after US Fed rate cut

Live Mint  

Wall Street today: US stocks are on track to close their best week in a year with some modest moves on Friday, November 8, after Republican Donald Trump won the US presidential elections 2024 and the US Federal Reserve cut interest rates again by 24 basis points in its latest monetary policy decision. Shares of digital pinboard and shopping site …

Wall Street today: US stocks mixed ahead of presidential election, Nvidia rises 1.7%
2 months 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
2 months, 2 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, 2 weeks 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 …

Wall Street pulls back from its records
2 months, 2 weeks 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 …

Wall Street tumbles on worries about the economy; Dow drops more than 600 points
4 months, 1 week 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 …

Stock market today: Wall Street rallies near its record heights as ‘time has come’ for cuts to rates
4 months, 2 weeks ago

Stock market today: Wall Street rallies near its record heights as ‘time has come’ for cuts to rates

Associated Press  

NEW YORK — U.S. stocks rallied close to their records Friday after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy. The S&P 500 rose 1.1% after Fed Chair Jerome Powell said in a highly anticipated speech that the …

Stock market today: Wall Street weakens ahead of a highly anticipated speech
4 months, 2 weeks ago

Stock market today: Wall Street weakens ahead of a highly anticipated speech

Deccan Chronicle  

New York: U.S. stocks weakened Thursday in the run-up to Wall Street's main event for the week, a speech by Federal Reserve Chair Jerome Powell coming on Friday. Stocks fell as Treasury yields cranked up the pressure in the bond market following some mixed data on the U.S. economy, which has been slowing under the weight of high interest rates …

Stock market today: Wall Street weakens ahead of a highly anticipated speech
4 months, 2 weeks ago

Stock market today: Wall Street weakens ahead of a highly anticipated speech

Associated Press  

NEW YORK — U.S. stocks weakened Thursday in the run-up to Wall Street’s main event for the week, a speech by Federal Reserve Chair Jerome Powell coming on Friday. Stocks fell as Treasury yields cranked up the pressure in the bond market following some mixed data on the U.S. economy, which has been slowing under the weight of high interest …

How major US stock indexes fared Thursday, 8/15/2024
4 months, 3 weeks ago

How major US stock indexes fared Thursday, 8/15/2024

Associated Press  

Wall Street rallied closer to its record highs following signs that the U.S. economy is holding up better than expected. The Dow Jones Industrial Average jumped 1.4%, and the Nasdaq composite added 2.3%. On Thursday: The S&P 500 rose 88.01 points, or 1.6%, to 5,543.22. The Dow Jones Industrial Average rose 554.67 points, or 1.4%, to 40,563.06. The Russell 2000 …

Wall Street rallies to one of its best days of the year after inflation report
4 months, 4 weeks ago

Wall Street rallies to one of its best days of the year after inflation report

LA Times  

The Standard & Poor’s 500 jumped 1.7% after the government reported that inflation at the wholesale level slowed last month by more than economists expected. The Standard & Poor’s 500 jumped 1.7% for its third-best day of 2024 after the U.S. government reported inflation at the wholesale level slowed last month by more than economists expected. Treasury yields eased in …

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%
5 months ago

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

Associated Press  

NEW YORK — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy. Treasury yields also climbed in the bond market in a signal investors are feeling less worried about the economy after a report showed fewer U.S. workers applied for unemployment benefits last week. “Today’s jobless claims …

Wall Street slips after morning rally; some AI darlings drop
5 months ago

Wall Street slips after morning rally; some AI darlings drop

Associated Press  

NEW YORK — U.S. stocks slumped Wednesday after a morning rally evaporated, but the losses on Wall Street weren’t as bad as the manic moves that wracked markets worldwide over the last week. Japan’s central bank can afford to wait, he said, and “will not raise its policy interest rate when financial and capital markets are unstable.” He also said …

Wall Street slips after a morning rally evaporates and some AI stock darlings drop
5 months ago

Wall Street slips after a morning rally evaporates and some AI stock darlings drop

LA Times  

U.S. stocks slumped Wednesday after a morning rally evaporated, but the losses on Wall Street weren’t as bad as the manic moves that racked markets worldwide over the last week. Japan’s central bank can afford to wait, he said, and “will not raise its policy interest rate when financial and capital markets are unstable.” He also said he believed the …

Wall Street stocks plunge as fears grow that tech bubble has burst
5 months ago

Wall Street stocks plunge as fears grow that tech bubble has burst

The Telegraph  

Investors have ramped up bets that the US Federal Reserve will be forced into an emergency interest rate cut to support the economy as fears of recession grow. Shares plunged and bonds rallied amid growing fears that the world’s biggest economy is heading for recession and concern that an AI-fuelled stock bubble has burst. The tech-heavy Nasdaq Composite plummeted by …

Wall Street’s smaller stocks roar a day after S&P 500’s worst loss since 2022
5 months, 2 weeks ago

Wall Street’s smaller stocks roar a day after S&P 500’s worst loss since 2022

LA Times  

A swirling day of trading left the Standard & Poor’s 500 with a loss of 0.5%. Wall Street’s split widened Thursday, as smaller stocks and other formerly downtrodden areas of the market rose while superstar Big Tech stocks gave back more of their stellar gains. Weighing on Wall Street were continued losses for Nvidia and most of the handful of …

Nasdaq, S&P 500 end sharply lower, hit by chips, megacaps; Dow extends rally
5 months, 3 weeks ago

Nasdaq, S&P 500 end sharply lower, hit by chips, megacaps; Dow extends rally

The Hindu  

The S&P 500 and the Nasdaq tumbled on Wednesday as plunging microchip shares, in the face of potential escalation of U.S. trade conflicts with China, exacerbated the ongoing rotation out of megacap tech-related stocks. A pullback in the "Magnificent 7" group of momentum stocks, led by Nvidia and Apple, dragged the Nasdaq 2.8% lower, while the benchmark S&P 500 slid …

Wall Street edges back from records after Dow briefly tops 40,000
7 months, 3 weeks ago

Wall Street edges back from records after Dow briefly tops 40,000

Associated Press  

Asian shares retreated on Friday after U.S. stocks edged back from their record heights, though the Dow Jones Industrial Average briefly topped 40,000 for the first time. AP AUDIO: Stock market today: Dow tops 40,000 for the first time as Wall Street drifts higher AP correspondent Seth Sutel has the AP Markets in a Minute report, with a positive start …

Wall Street barely budges as S&P 500 remains just shy of its record
7 months, 4 weeks ago

Wall Street barely budges as S&P 500 remains just shy of its record

LA Times  

Stocks have broadly rallied this month after a rough April on revived hopes that inflation may ease enough to convince the Federal Reserve to cut its main interest rate later this year. GameStop soared 74.4% in a swing reminiscent of its maniacal moves from three years ago, when hordes of smaller-pocketed investors sent the stock’s price way above what many …

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling
8 months ago

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling

Associated Press  

Wall Street capped a choppy week of trading Friday with the best day for the stock market in over two months, as traders welcomed cooler-than-expected U.S. employment data as a sign that inflationary pressures on the economy are easing. “The demand for labor is slowing, which will eventually ease inflation pressures, giving the Fed some leeway to cut rates later …

Wall Street update: S&P 500, Dow ends mostly higher. Reason? Wave of buying
10 months, 2 weeks ago

Wall Street update: S&P 500, Dow ends mostly higher. Reason? Wave of buying

Hindustan Times  

Wall Street update: Stocks ended mostly higher on Wall Street Wednesday after a listless day of trading with big technology stocks again acting as a heavy weight on the market. After markets closed, Nvidia reported earnings and revenue that handily beat Wall Street forecasts. “As long as the labor market holds up, the Fed can afford to slow walk rate …

Nvidia surges on AI boom, setting off a rally on Wall Street
10 months, 2 weeks ago

Nvidia surges on AI boom, setting off a rally on Wall Street

LA Times  

Japan’s Nikkei 225 stock index surged briefly to an all-time high Thursday, bypassing its previous record set in December 1989. Nvidia’s stock price surged Thursday after the company delivered another blowout quarter, setting off a rally in other technology companies that carried Wall Street to another record high. Lucid, another electric vehicle maker, slid 16.8% after it missed Wall Street …

How major US stock indexes fared Tuesday, 2/20/2024
10 months, 2 weeks ago

How major US stock indexes fared Tuesday, 2/20/2024

Associated Press  

Technology stocks led Wall Street broadly lower as chipmaker Nvidia pulled back ahead of its earnings report this week. Walmart rose 3.2% after reporting stronger-than-expected results for its latest quarter and issuing sales forecasts that came in ahead of what Wall Street was expecting. On Tuesday: The S&P 500 fell 30.06 points, or 0.6%, to 4,975.51. The Dow Jones Industrial …

Stock market today: Wall Street waltzes past its latest milestone as S&P 500 closes above 5,000
11 months ago

Stock market today: Wall Street waltzes past its latest milestone as S&P 500 closes above 5,000

Associated Press  

NEW YORK — More gains for U.S. stocks on Friday sent Wall Street to its latest record, milestone and winning week. Milestones like the S&P 500 at 5,000 don’t carry much weight for a market that’s supposed to move on hard numbers like interest rates, profits and revenue. Wall Street’s rally got going with hopes that cooling inflation would get …

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