Wall St: Dow, S&P 500 slip as Powell sticks to hawkish stance
2 years, 3 months ago

Wall St: Dow, S&P 500 slip as Powell sticks to hawkish stance

Live Mint  

U.S. stock indexes slipped on Thursday after a broad-based recovery in the previous session as Federal Reserve Chair Jerome Powell's hawkish comments cemented bets of another large interest rate hike later this month. Hawkish remarks from Fed officials and recent data signaling strength in the U.S. economy have pushed money markets to bet that the Fed will hike interest rates by 75 basis points at this month's meeting. Data showed the number of Americans filing new claims for unemployment benefits fell last week to a three-month low, underscoring the robustness of the labor market even as the Fed raises interest rates. The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signaled further hikes.

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History of this topic

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
6 days, 15 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
1 week 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 …

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting
1 week, 2 days 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 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, …

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 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 …

Wall Street today: US stock indices rise slightly after hitting record highs, spotlight on Fed interest rate decision
1 month, 2 weeks ago

Wall Street today: US stock indices rise slightly after hitting record highs, spotlight on Fed interest rate decision

Live Mint  

US stock indices rose slightly on Thursday after storming to record highs in previous session on former president Donald Trump's presidential election victory. As of 10:10 am Eastern time, the S&P 500 was up 0.5 per cent, the Dow Jones Industrial Average was up 0.1 per cent, and the Nasdaq Composite was 1.1 per cent higher. At the opening bell, …

Dow sets a record as Wall Street drifts to the finish of another winning week
2 months, 4 weeks ago

Dow sets a record as Wall Street drifts to the finish of another winning week

LA Times  

U.S. stocks closed another record-setting week with a muted performance Friday, as hope built on Wall Street that the U.S. economy can manage the rare feat of suppressing high inflation without causing a recession. U.S. employers have slowed their hiring, and the inflation report on Friday also showed that growth in U.S. consumer spending in August fell shy of economists’ …

Stock market today: Wall Street ticks to another record as stocks worldwide rally
2 months, 4 weeks ago

Stock market today: Wall Street ticks to another record as stocks worldwide rally

LA Times  

U.S. stocks rose to another record Thursday as financial markets around the world rallied again. The hope on Wall Street is for a form of financial nirvana where the U.S. economy’s growth can hold steady and keep profits for companies humming while the Federal Reserve continues to lower interest rates. It’s now cutting them to make things easier for the …

Wall Street drifts higher to set more records
3 months ago

Wall Street drifts higher to set more records

LA Times  

The flag of Argentina flies on the front of the New York Stock Exchange where Argentine President Javier Milei rang the opening bell Monday. Financial markets have broadly been romping higher after the Federal Reserve last week cut its main interest rate for the first time in more than four years by an unusually large amount. The overall figures suggest …

Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
3 months ago

Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world

LA Times  

Specialist Genaro Saporito, foreground, works with traders at his post on the floor of the New York Stock Exchange on Wednesday. Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide after the Federal Reserve’s big cut to interest rates. Wall Street’s gains followed rallies for markets across Europe and Asia after the Federal Reserve delivered the …

US stock market: Wall Street indices tumble ahead of Fed chair's Jackson Hole speech
4 months ago

US stock market: Wall Street indices tumble ahead of Fed chair's Jackson Hole speech

Firstpost  

All three major US stock indexes lost ground, with technology shares leading the decline. The Dow Jones Industrial Average dropped 0.43 per cent to 40,712, the S&P 500 slipped 0.89 per cent to 5,570, and the Nasdaq Composite fell 1.67 per cent to 17,619. Market mover Nvidia, the biggest drag on the S&P 500, erased early gains and ended the …

How major US stock indexes fared Thursday, 8/15/2024
4 months, 1 week 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 ticks higher after inflation data clears the way for cuts to rates
4 months, 1 week ago

Wall Street ticks higher after inflation data clears the way for cuts to rates

LA Times  

The Standard & Poor’s 500 index rose 0.4% on Wednesday to follow up on one of its best days of the year and climb within 3.7% of its all-time high set last month. The Standard & Poor’s 500 index rose 0.4% to follow up on one of its best days of the year and climb within 3.7% of its all-time …

Wall Street slips from all-time high as interest rate cuts look further off
10 months, 2 weeks ago

Wall Street slips from all-time high as interest rate cuts look further off

LA Times  

Stocks fell as traders delayed their expectations for when the Federal Reserve will begin cutting its main interest rate. Stocks slipped Monday after the latest signal that the economy remains strong, which could delay the interest rate cuts that Wall Street wants. They rose as traders on Wall Street delayed their expectations for when the Federal Reserve will begin cutting …

Stock market today: World shares mixed after Wall St ends its best month of '23 with big gains
1 year ago

Stock market today: World shares mixed after Wall St ends its best month of '23 with big gains

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 Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy World shares were mixed on …

Stock market today: Wall Street drifts after jobs report comes in warm but hopefully not too hot
1 year, 5 months ago

Stock market today: Wall Street drifts after jobs report comes in warm but hopefully not too hot

Associated Press  

NEW YORK — Wall Street drifted to a mixed finish Friday after data suggested the U.S. job market is still warm enough to keep the economy growing but maybe not so hot that it stokes inflation much higher. Friday’s report showed U.S. employers added 209,000 jobs last month, a slowdown from May’s hiring of 306,000. That’s unlike a report from …

US Stocks Slump after Fed's Ninth Straight Rate Hike as Banking Turmoil Persists
1 year, 9 months ago

US Stocks Slump after Fed's Ninth Straight Rate Hike as Banking Turmoil Persists

News 18  

Wall Street stocks tumbled into the red on Wednesday after the Federal Reserve unveiled a ninth straight interest rate hike despite worries surrounding the banking sector. The Dow Jones Industrial Average ended 1.6 percent lower at 32,028.90 while the broad-based S&P 500 Index plunged 1.7 percent to 3,936.82. Fed Chair Jerome Powell stressed in a press conference that the central …

Asian stocks follow Wall St lower ahead of US jobs update
1 year, 9 months ago

Asian stocks follow Wall St lower ahead of US jobs update

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 Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian stock markets followed Wall …

Asian stocks rise after Wall St slides on rate hike fears
1 year, 10 months ago

Asian stocks rise after Wall St slides on rate hike fears

Associated Press  

BEIJING — Asian stock markets rose Thursday following Wall Street’s biggest one-day decline in two months after notes from a Federal Reserve meeting showed officials expect to keep U.S. interest rates high to fight stubborn inflation. Wall Street sank Wednesday after notes from the Federal Reserve’s latest board meeting showed members expect “ongoing increases” in its key lending rate to …

Wall St climbs on growth stocks boost ahead of inflation data
1 year, 11 months ago

Wall St climbs on growth stocks boost ahead of inflation data

Live Mint  

Wall Street's main indexes rose on Wednesday led by gains in rate-sensitive growth stocks as the focus shifts to a key inflation reading due later this week, which would provide more clues on the Federal Reserve's rate hike trajectory. Wall Street's main indexes rallied on Tuesday as Fed Chair Jerome Powell refrained from commenting on the outlook for interest rates …

Nasdaq leads Wall St higher as interest rate worries ease
1 year, 11 months ago

Nasdaq leads Wall St higher as interest rate worries ease

Live Mint  

The tech-heavy Nasdaq led gains among the main Wall Street indexes on Monday, boosted by shares of Amazon and Tesla, while signs of a cooling labor market supported bets of a slower pace of interest rate hikes by the Federal Reserve. The benchmark S&P 500 and the Nasdaq closed the week higher on Friday after a moderation in wage increases …

Wall Street slides as economic data aggravates concern over Fed rate hike
2 years ago

Wall Street slides as economic data aggravates concern over Fed rate hike

Live Mint  

Wall Street's main indexes dropped on Thursday after fresh data underscored strength in the U.S. economy and aggravated concerns over the Federal Reserve's continued policy tightening. Wall Street's main indexes marked their biggest daily gain so far in December on Wednesday, with help from upbeat Nike Inc and FedEx Corp quarterly earnings, as well as improving consumer confidence and easing …

Wall Street falls after strong service-sector data feeds hawkish Fed fears
2 years ago

Wall Street falls after strong service-sector data feeds hawkish Fed fears

Live Mint  

Wall Street's main indexes fell on Monday after better-than expected service-sector activity added to jitters that the U.S. Federal Reserve might continue on its aggressive policy tightening path despite fears of a recession next year. The rate-setting Federal Open Market Committee meets on Dec. 13-14, the final meeting in a volatile year, which saw the central bank attempt to arrest …

Wall St falls on mixed economic data, Fed official’s hawkish view
2 years, 1 month ago

Wall St falls on mixed economic data, Fed official’s hawkish view

Live Mint  

US stock indexes fell on Thursday as mixed economic data and hawkish comments from a Federal Reserve official fueled concerns that the central bank may not ease its aggressive policy tightening. St. Louis Federal Reserve President James Bullard said rate hikes so far "have had only limited effects on observed inflation," and that the central bank needs to continue raising …

Wall St falls as close race for Congress raises uncertainty
2 years, 1 month ago

Wall St falls as close race for Congress raises uncertainty

Live Mint  

US stock indexes fell on Wednesday as uncertainty around the outcome of a tightly contested midterm election weighed on the mood, with investor focus shifting to Thursday's inflation data for clues on the path of future interest rate hikes. the general rule of thumb as far as markets are concerned is gridlock is good - fewer policy changes and less …

Wall St drops as megacaps weigh amid Fed rate debate
2 years, 1 month ago

Wall St drops as megacaps weigh amid Fed rate debate

Live Mint  

Wall Street's main indexes fell on Monday, bogged down by a drop in shares of Apple and other megacaps, while investors braced for a hefty rate hike from the Federal Reserve this week and assessed the path of future interest rates. The U.S. Fed is set to meet on Tuesday and Wednesday, where policymakers are expected to deliver a fourth …

Asian stocks follow Wall St up on hopes of rate hikes easing
2 years, 1 month ago

Asian stocks follow Wall St up on hopes of rate hikes easing

Associated Press  

BEIJING — Asian stock markets followed Wall Street higher on Wednesday as hopes rose that the Federal Reserve might ease off plans for interest rate hikes and Britain installed its third prime minister this year. Wall Street’s benchmark S&P 500 index rose for a third day after bond prices rose, suggesting some investors expect the Fed to ease off rate …

Wall St ticks lower as rate worries persist
2 years, 3 months ago

Wall St ticks lower as rate worries persist

Live Mint  

Wall Street's main indexes edged lower on Thursday dragged down by technology and growth stocks as investors worried about the U.S. Federal Reserve's aggressive approach to tame inflation ahead of an interest rate decision next week. Data earlier on Thursday showed U.S. retail sales unexpectedly rose 0.3% in August, in a sign the economy could tolerate higher interest rates as …

Dow drops 1,000 after Fed’s Powell says rates will stay high
2 years, 3 months ago

Dow drops 1,000 after Fed’s Powell says rates will stay high

Associated Press  

NEW YORK — The Dow Jones Industrial Average sank more than 1,000 points Friday after the head of the Federal Reserve dashed Wall Street’s hopes that it may soon ease up on high interest rates in its effort to tame inflation. The S&P 500 lost 3.4%, its biggest drop since mid-June, after Jerome Powell said the Fed will likely need …

Wall St: Dow sheds over 500 pts, S&P 500 set for worst first-half since 1970
2 years, 5 months ago

Wall St: Dow sheds over 500 pts, S&P 500 set for worst first-half since 1970

Live Mint  

U.S. stocks tumbled on Thursday, setting the S&P 500 for its worst first six months since 1970, on concerns that central banks determined to tame inflation will hamper global economic growth. Federal Reserve Chair Jerome Powell on Wednesday vowed to not let the U.S. economy slip into a "higher inflation regime", even if it means raising interest rates to levels …

US market: Wall Street sinks as recession fears grow
2 years, 6 months ago

US market: Wall Street sinks as recession fears grow

India TV News  

Stocks tumbled on Wall Street Thursday as worries roared back to the fore that the world’s fragile economy may buckle under higher interest rates. Wall Street fell with stocks across Europe after central banks there followed up on the Federal Reserve’s big interest-rate hike on Wednesday. “Another concern is that with the change in policy, there’s been weakening economic data …

Wall Street slammed as recession worries mount; S&P 500 sinks 3%
2 years, 6 months ago

Wall Street slammed as recession worries mount; S&P 500 sinks 3%

Live Mint  

US stock tumbled on Thursday, with growth shares bearing the brunt of the selloff, after the Federal Reserve's largest rate increase in nearly 30 years to combat decades-high inflation fanned worries of a recession. Declaring that it’s essential to tame inflation, Jerome Powell engineered the biggest rate increase since 1994 Wednesday and held out the distinct possibility of another jumbo …

Wall St slips as investors await Fed decision
2 years, 6 months ago

Wall St slips as investors await Fed decision

Live Mint  

U.S. stocks extended losses on Tuesday, after a bruising selloff a day earlier pushed the S&P 500 to confirm a bear market, as investors braced for an aggressive interest rate hike from the Federal Reserve this week. The U.S. central bank is expected to raise interest rates by 75 basis points on Wednesday after last week's consumer price inflation data …

Wall St slips as growth stocks struggle amid rising bond yields
2 years, 6 months ago

Wall St slips as growth stocks struggle amid rising bond yields

Live Mint  

Wall Street's main indexes slipped in choppy trading on Thursday as technology and growth stocks struggled for direction amid rising bond yields and weaker risk appetite on concerns around surging inflation and aggressive interest rate hikes. Rate-sensitive growth stocks are under pressure from the benchmark U.S. 10-year Treasury yield, which climbed as much as 3.07% to its highest level since …

Wall St: S&P 500, Dow up after inflation data, Nasdaq down on rate hike worries
2 years, 7 months ago

Wall St: S&P 500, Dow up after inflation data, Nasdaq down on rate hike worries

Live Mint  

The S&P 500 and the Dow rose in choppy trading on Wednesday as banks and energy shares gained, while the tech-heavy Nasdaq came under pressure after inflation data cemented expectations of aggressive interest rate hikes. The Labor Department's report showed consumer price index rose 0.3% last month, the smallest gain since August, but still above economists' forecast of a 0.2% …

Wall St slips in choppy trading ahead of inflation data; Dow falls 179 points
2 years, 7 months ago

Wall St slips in choppy trading ahead of inflation data; Dow falls 179 points

Live Mint  

Wall Street's main indexes fell in volatile trading on Tuesday dragged down by banks and some megacap growth stocks as investors fretted over prospects of aggressive monetary tightening and slowing economic growth. Cleveland Fed President Loretta Mester said the U.S. economy will experience turbulence from the Federal Reserve's efforts to bring down inflation running at more than three times above …

Federal Reserve hikes official interest rates by 0.5 per cent, ASX rises, Dow Jones jumps 900 points
2 years, 7 months ago

Federal Reserve hikes official interest rates by 0.5 per cent, ASX rises, Dow Jones jumps 900 points

ABC  

The US central bank has increased official US interest rates by an expected 0.5 per cent to curb the biggest price rises seen in 40 years. Key points: The Dow Jones index jumped 2.8pc to 34,061, the S&P 500 index rose nearly 3pc to 4,300, and the Nasdaq rose 3.2pc to 12,965 The All Ordinaries index rose 1pc to 7,639 …

US stocks gain, Treasury yields hit multi-year highs ahead of expected rate hike
2 years, 7 months ago

US stocks gain, Treasury yields hit multi-year highs ahead of expected rate hike

Live Mint  

Wall Street recovered some lost ground on Monday and benchmark U.S. Treasury yields hit a 3-1/2-year high at the start of an eventful week of corporate earnings, economic data, and an expected interest rate hike from the U.S. Federal Reserve. All three major U.S. stock indexes were last modestly green as the 10-year Treasury yield crept closer to the 3% …

Dow falls nearly 1,000 points on rate hike fears
2 years, 8 months ago

Dow falls nearly 1,000 points on rate hike fears

CNN  

New York CNN Business — Stocks plunged Friday. The Dow fell about 980 points, or 2.8%, following comments about likely aggressive interest rate hikes from Federal Reserve chairman Jerome Powell. Powell confirmed what many bond investors already suspected…that a half-point interest rate hike is “on the table” for the Fed’s next meeting in May. Most investors would be well served …

Wall Street sinks, bond yields climb on policy concerns
2 years, 8 months ago

Wall Street sinks, bond yields climb on policy concerns

Live Mint  

Wall Street stocks fell, while bond yields and the dollar rose on Thursday as investors worried that aggressive U.S. policy tightening could hurt the economy, while the European Central Bank signalled a steady reduction of stimulus. The U.S. Federal Reserve should reasonably consider raising interest rates by a half percentage point at its next meeting in May, New York Fed …

Wall St buoyed by signs of progress in Russia-Ukraine peace talks
2 years, 8 months ago

Wall St buoyed by signs of progress in Russia-Ukraine peace talks

Live Mint  

U.S. stock indexes rose on Tuesday, boosted by signs of progress in negotiations between Russia and Ukraine to end their weeks-long conflict. However, the main indexes came off early highs as oil majors Exxon Mobil Corp and Chevron Corp fell more than 2% each, while the broader S&P 500 energy declined 2.3%. Russia's invasion, which began on Feb. 24, has …

Wall St: S&P 500, Dow surge over 1% amid Ukraine talks, prior to Fed decision
2 years, 9 months ago

Wall St: S&P 500, Dow surge over 1% amid Ukraine talks, prior to Fed decision

Live Mint  

Wall Street's main indexes jumped on Wednesday, propelled by technology and financial stocks, as signs of progress in Ukraine-Russia peace talks lifted sentiment ahead of a widely expected interest rate hike by the Federal Reserve. It gives the market a sense of comfort that the Fed is on the ball, they're going to start moving interest rates and we could …

Wall St slides over 2% as tech rout deepens; Fed meeting eyed
2 years, 10 months ago

Wall St slides over 2% as tech rout deepens; Fed meeting eyed

Live Mint  

U.S. stock indexes slid on Tuesday, with the S&P 500 on track to confirm a correction as a selloff in technology stocks ahead of the Federal Reserve's policy meeting overshadowed upbeat results from blue-chip companies including IBM and 3M. The Fed will convene its two-day monetary policy meeting later in the day, which will be watched closely for cues on …

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 …

Asian stocks mixed after Wall St falls on rate hike worries
2 years, 11 months ago

Asian stocks mixed after Wall St falls on rate hike worries

Associated Press  

BEIJING — Asian stock markets were mixed Monday after Wall Street fell on worries the Federal Reserve will raise interest rates as soon as March. Investors were rattled last week after notes from the latest Fed meeting showed officials thought the U.S. job market is healthy enough that it might no longer need ultra-low interest rates and other stimulus. Investors …

Wall St: Dow falls 200 pts as tax uncertainty outweighs easing inflation worries
3 years, 3 months ago

Wall St: Dow falls 200 pts as tax uncertainty outweighs easing inflation worries

Live Mint  

Wall Street indexes fell on Tuesday on uncertainty over a possible increase in corporate taxes, even though slowing growth in monthly consumer prices eased some fears of the Federal Reserve reducing stimulus early. Focus is now on the potential passage of U.S. President Joe Biden's $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike …

Energy, financials help Wall Street rise from bruising week; Dow up over 270 pts
3 years, 3 months ago

Energy, financials help Wall Street rise from bruising week; Dow up over 270 pts

Live Mint  

Wall Street indexes on Monday rose from their worst week in several months, with economically sensitive stocks leading gains as focus turned to potential changes to corporate tax and monetary policy. Last week, Wall Street's indexes lost between 1.6% to 2.2% as a surge in August producer prices and a drop in jobless claims spurred fears the Federal Reserve could …

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