Dow closes 250 points higher, S&P 500 hits record
5 years, 6 months ago

Dow closes 250 points higher, S&P 500 hits record

CNN  

New York CNN Business — The Dow rallied into market close and the S&P 500 set a new closing record Thursday, one day after the Federal Reserve indicated it could cut interest rates soon. President Donald Trump said at the White House Thursday afternoon “you’ll soon find out” whether the United States intended to strike Iran. As the central bank’s dovish messaging continues to drive interest rates lower, it’s inoculating investors from other risks as the cost of capital and competition from bonds both fall,” said Alec Young, Managing Director of Global Markets Research, FTSE Russell, at the start of the trading day. At Wednesday’s Fed meeting, Chairman Jerome Powell reiterated that the central bank would “act as appropriate” to sustain economic growth in the United States.

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History of this topic

Wall Street today: US stocks dip on worries over Fed’s hawkish stance, Moderna sinks 23%
2 days, 1 hour ago

Wall Street today: US stocks dip on worries over Fed’s hawkish stance, Moderna sinks 23%

Live Mint  

Wall Street stocks edged lower on Monday, as Treasury yields climbed after robust jobs data last week bolstered expectations of a hawkish stance by the Federal Reserve for this year. At 09:50 a.m. the Dow Jones Industrial Average rose 105.06 points, or 0.25 per cent, to 42,043.51, the S&P 500 lost 40.79 points, or 0.70 per cent, to 5,786.25, and …

US STOCKS-Wall Street ends lower as blowout job data spooks traders
4 days, 15 hours ago

US STOCKS-Wall Street ends lower as blowout job data spooks traders

Live Mint  

* December US job growth beats expectations * Walgreens set for best day since 1980 after Q1 profit beat * Constellation Brands slides after trimming FY forecasts * University of Michigan survey showed consumer sentiment dropped * Indexes off: Dow 1.63%, S&P 1.54% and Nasdaq 1.63% By Johann M Cherian, Sukriti Gupta and Carolina Mandl Jan 10 - U.S. stocks …

Wall Street Today: US stocks open higher amid AI optimism; S&P and Nasdaq Composite gains over 1%
1 week, 2 days ago

Wall Street Today: US stocks open higher amid AI optimism; S&P and Nasdaq Composite gains over 1%

Live Mint  

Wall Street Today: The US stock markets opened higher on January 6, as investors remain optimistic about the artificial intelligence technology fueling the tech stock gain on Monday. Dow Jones stocks As the index opened high due to investor optimism, the top gainers for the early trading session were Nvidia Corp., Microsoft Corp., Caterpillar Inc., Sherwin-Williams Co., Chevron Corp., Cisco …

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year
2 weeks, 1 day 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, …

Dow ends up to extend win run to five; rising yields pressure megacap stocks
2 weeks, 5 days ago

Dow ends up to extend win run to five; rising yields pressure megacap stocks

Live Mint  

* Weekly jobless claims at 219,000, below estimates * Crypto stocks fall tracking losses in bitcoin * Yield on U.S. 10-year Treasuries hits highest since May * Indexes: Dow up 0.07%, S&P 500 down 0.04%, Nasdaq off 0.05% By David French Dec 26 - The Dow Jones Industrial Average closed fractionally higher on Thursday, stretching its winning streak to five …

Wall Street Today: US stocks trade lower after markets reopen post Christmas break; Nvidia, Amazon down nearly 1%
2 weeks, 5 days ago

Wall Street Today: US stocks trade lower after markets reopen post Christmas break; Nvidia, Amazon down nearly 1%

Live Mint  

The US market opened lower on Thursday, December 26, as Wall Street witnessed investors sticking with their existing portfolio, contributing to lighter trading volumes. Dow Jones stocks Even though the index opened lower, the top gainers for the early trading session were Boeing Co., Honeywell International Inc., UnitedHealth Group Inc., Verizon Communications, Walt Disney Co., Apple Inc., Procter and Gamble …

Wall Street Holidays next week: NYSE, Nasdaq to remain closed on THESE days
Trending News
3 weeks, 3 days ago

Wall Street Holidays next week: NYSE, Nasdaq to remain closed on THESE days

Live Mint  

Wall Street Holiday: The stock market in the United States is poised to close early on Tuesday, December 24, and closed on Wednesday, December 25, on account of the Christmas holiday, according to the official holiday list on the NYSE and Nasdaq website. US Stocks Weekly Update On Friday, December 20, Wall Street closed higher as the US stocks rallied …

Wall Street today: Dow rebounds 200 points after US Fed’s hawkish cut, set to snap 10-day decline; Accenture up 6.5%
3 weeks, 6 days ago

Wall Street today: Dow rebounds 200 points after US Fed’s hawkish cut, set to snap 10-day decline; Accenture up 6.5%

Live Mint  

Wall Street Today: Wall Street's main indexes rebounded to gain some ground on Thursday, December 19, a day after the US Federal Reserve's projections of fewer-than-expected interest rate cuts and higher inflation in 2025 spooked investors and pummeled US stocks. The S&P 500 rose 0.4 per cent in morning trading, a day after tumbling 2.9 per cent when the US …

US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%
3 weeks, 6 days ago

US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%

Hindustan Times  

Wall Street stocks tumbled Wednesday after the Federal Reserve lowered interest rates but also slashed the number of 2025 rate cuts in its forecast. All three major indices finished firmly lower after the Fed projected just two interest rate cuts next year, down from four. Although stocks often enjoy a late-year bounce referred to as the "Santa Claus rally," Stovall …

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

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

How major US stock indexes fared Monday, 12/16/2024
4 weeks, 1 day ago

How major US stock indexes fared Monday, 12/16/2024

Associated Press  

U.S. stock indexes drifted through mixed trading ahead of a meeting by the Federal Reserve later this week that could set Wall Street’s direction into next year. The Dow Jones Industrial Average slipped 0.3%, and the Nasdaq composite rose 1.2% to a record. Bitcoin hit a record above $107,000 before pulling back, while Treasury yields held relatively steady in the …

Wall Street today: S&P 500, Nasdaq slid at US market open as investors eye economic data ahead of Fed meeting
1 month 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 today: S&P 500 and Dow Jones slip, Nasdaq edges higher
1 month, 1 week 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
1 month, 1 week 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 …

How major US stock indexes fared Friday, 11/22/2024
1 month, 3 weeks ago

How major US stock indexes fared Friday, 11/22/2024

Associated Press  

Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average. On Friday: The S&P 500 rose 20.63 points, or 0.3%, to 5,969.34. The Dow Jones Industrial Average rose 426.16 points, or 1%, to 44,296.51. The Russell 2000 index of smaller companies rose 42.65 points, …

Wall Street turns positive as Dow hits one-week high
Trending News
1 month, 3 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, …

Dow Jones Industrial Average notches record high close
2 months 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 cruises to more records as it closes its best week in a year
2 months, 1 week ago

Wall Street cruises to more records as it closes its best week in a year

LA Times  

Trader William Lovesick, left, and specialist James Denaro work on the floor of the New York Stock Exchange on Friday. The relatively quiet trading followed huge gains earlier in the week after Donald Trump won the presidential election and the Federal Reserve cut interest rates again to make things easier for the economy. Digital pinboard and shopping site Pinterest slid …

S&P 500, Dow open at record high as Donald Trump wins; Tesla shares jump 13%
2 months, 1 week ago

S&P 500, Dow open at record high as Donald Trump wins; Tesla shares jump 13%

India Today  

US markets opened at record highs on Wednesday as Donald Trump secured the 2024 presidential election, returning to the White House four years after his previous term. Tesla shares saw a sharp jump, climbing over 13% to $284.70, as investor sentiment rallied around CEO Elon Musk’s outspoken support for Trump’s campaign. Ahead of the market open, S&P 500 and Dow …

The Dow Jones jumps over 1,300 points after Trump wins the election
2 months, 1 week ago

The Dow Jones jumps over 1,300 points after Trump wins the election

NPR  

The Dow Jones jumps over 1,300 points after Trump wins the election toggle caption Spencer Platt/Getty Images/Getty Images North America Wall Street investors are cheering former President Trump's return to the White House. The Dow Jones Industrial Average rose more than 1,300 points soon after the open, or more than 3%, just hours after Trump won the presidential election over …

Wall Street today: US stocks mixed ahead of presidential election, Nvidia rises 1.7%
2 months, 1 week 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 …

Stocks Continue Winning, But Concerns Remain
2 months, 4 weeks ago

Stocks Continue Winning, But Concerns Remain

Associated Press  

U.S. stocks continued their winning streak with the S&P 500 and Dow Jones both closing at record highs. Netflix's strong earnings helped drive the market, while CVS Health's profit outlook and leadership changes weighed on the Dow. American Express's profit fell short of expectations, while oil prices tumbled as concerns about the strength of demand from China eased. Intuitive Surgical's …

Wall Street falls sharply, closing its worst week in nearly 18 months
4 months, 1 week ago

Wall Street falls sharply, closing its worst week in nearly 18 months

LA Times  

Another rout hit Wall Street on Friday, with formerly highflying technology stocks again taking the brunt, after a highly anticipated update on the U.S. job market came in weak enough to add to worries about the economy. Sharp swings also hit the bond market, where Treasury yields tumbled, recovered and then fell again after the jobs report showed U.S. employers …

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower
4 months, 2 weeks ago

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower

Associated Press  

The Dow Jones Industrial Average climbed to an all-time high, even as big tech companies weighed on the broader market, leading U.S. stock indexes to a mixed finish on Wall Street. The stock market is coming off a two-week winning streak that’s helped keep the S&P 500 and Dow within striking distance of notching new highs. Monday’s mixed market finish …

Trump Claims Stock Market Will Crash While Dow Jones Soars
4 months, 4 weeks ago

Trump Claims Stock Market Will Crash While Dow Jones Soars

Huff Post  

LOADING ERROR LOADING Donald Trump’s vision of an American economy “nightmare” was spoiled by a well-timed Fox News ticker on Thursday. During a press conference at his New Jersey golf course on Thursday, the Republican candidate for president predicted that the stock market would spiral if Vice President Kamala Harris is elected to office this November. While the conservative news …

How major US stock indexes fared Thursday, 8/15/2024
4 months, 4 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 its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%
5 months, 1 week 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 …

Stock market today: Worries about the economy hit Wall Street, and the Dow drops nearly 500 points
5 months, 2 weeks ago

Stock market today: Worries about the economy hit Wall Street, and the Dow drops nearly 500 points

Associated Press  

NEW YORK — Just a day after rallying on hopes that the Federal Reserve is about to cut interest rates, U.S. stocks tumbled Thursday after weak data raised worries the Fed may have missed its window to do so before undercutting the economy’s growth. Together, the data likely remove upward pressure on inflation and give more leeway for the Federal …

How major US stock indexes fared Monday, 7/29/2024
5 months, 2 weeks ago

How major US stock indexes fared Monday, 7/29/2024

Associated Press  

U.S. stock indexes drifted to a mixed close ahead of a week full of earnings reports from Wall Street’s most influential companies and a Federal Reserve meeting on interest rates. The S&P 500 rose 0.1% Monday, coming off its first back-to-back weekly losses since April. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite rose 0.1%. The Dow …

Stock market today: Global shares tumble after a wipeout on Wall Street as Big Tech retreats
5 months, 3 weeks ago

Stock market today: Global shares tumble after a wipeout on Wall Street as Big Tech retreats

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 {{ …

Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week
7 months, 4 weeks ago

Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week

Associated Press  

NEW YORK — The Dow Jones Industrial Average finished a day above the 40,000 level for the first time on Friday as U.S. stock indexes drifted around their records while closing out their latest winning week. It and other indexes on Wall Street have been climbing since the autumn of 2022 as the U.S. economy and corporate profits have managed …

Wall Street edges back from records after Dow briefly tops 40,000
7 months, 4 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 …

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling
8 months, 1 week 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 …

How major US stock indexes fared Monday, 2/26/2024
10 months, 2 weeks ago

How major US stock indexes fared Monday, 2/26/2024

Associated Press  

Stocks drifted lower on Wall Street, pulling the market slightly below the record highs it reached last week. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite fell 0.1%. On Monday: The S&P 500 fell 19.27 points, or 0.4%, to 5,069.53. The Dow Jones Industrial Average fell 62.30 points, or 0.2%, to 39,069.23. The Nasdaq composite fell 20.57 …

Wall Street update: S&P 500, Dow ends mostly higher. Reason? Wave of buying
10 months, 3 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 …

How major US stock indexes fared Tuesday, 2/20/2024
10 months, 3 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 …

How major US stock indexes fared Friday, 12/29/2023
1 year ago

How major US stock indexes fared Friday, 12/29/2023

Associated Press  

Stocks slipped on the final trading day of the year, which nonetheless boasted surprisingly robust gains for Wall Street. The benchmark S&P 500 index inched lower Friday but ended 2023 with a 24.2% gain for the year. On Friday: The S&P 500 fell 13.52 points, or 0.3%, to 4,769.83 The Dow Jones Industrial Average fell 20.56 points, or 0.1%, to …

Stock market today: Asian shares are mostly higher after the Dow hits a record high, US dollar falls
1 year, 1 month ago

Stock market today: Asian shares are mostly higher after the Dow hits a record high, US dollar falls

Associated Press  

BANGKOK — Shares are mostly higher in Asia after a powerful rally across Wall Street sent the Dow Jones Industrial Average to a record high as the Federal Reserve indicated that interest rate cuts are likely next year. Tokyo’s Nikkei 225 fell, however, as the yen gained sharply against the U.S. dollar, since a weaker dollar can hit the profits …

Global market update: Dow Jones falls over 400 points
1 year, 3 months ago

Global market update: Dow Jones falls over 400 points

Live Mint  

Major US stocks fell on Tuesday, with the Dow dipping into negative territory for the year, US job openings rose more than expected in August in yet another sign of a resilient economy that suggests interest rates will be higher for longer. It climbed to 16-year highs on investor worries that the Fed will hold interest rates higher for longer …

Dow drops 200 points as Wall Street watches tight midterm results
2 years, 2 months ago

Dow drops 200 points as Wall Street watches tight midterm results

Daily Mail  

Wall Street opened lower on Wednesday as investors kept a close eye on the results from a tightly contested midterm election that has not delivered the big Republican gains many expected. Wall Street opened lower on Wednesday as investors kept a close eye on the results from a tightly contested midterm election that has not delivered big Republican gains 'There …

MIDTERMS 2022: Dow rises 330 points as US economy and investors await midterm results
2 years, 2 months ago

MIDTERMS 2022: Dow rises 330 points as US economy and investors await midterm results

Daily Mail  

Wall Street embraced the prediction of a red wave ahead of Tuesday's midterms, with the Dow increasing for the third consecutive day after months of depressed rhetoric and recession fears. Markets are positioned for relative calm, but surprises in the election could roil Wall Street Many pundits and pollsters are predicting a Republican success that would likely bolster the market. …

Dow plunges to its lowest level since 2020 to end another dismal week
2 years, 3 months ago

Dow plunges to its lowest level since 2020 to end another dismal week

CNN  

New York CNN Business — US stocks fell sharply in Friday trading as investors continued to worry about even more rate hikes from the Federal Reserve that could land the US economy in a recession. Investors don’t have many places to make money at the moment: In addition to sinking stocks, the bond market is also selling off, sending US …

Wall Street Ends Down After Biggest Month Since 2020
2 years, 5 months ago

Wall Street Ends Down After Biggest Month Since 2020

News 18  

Wall Street ended lower after a choppy session on Monday, with declines in Exxon Mobil and other energy companies weighing against gains in Boeing as investors digested the U.S. stock market’s biggest monthly gains in two years. Also helped by stronger-than-expected second-quarter results, the S&P 500 and the Nasdaq in July posted their biggest monthly percentage gains since 2020. “We’re …

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 Street ends sharply lower as Target and growth stocks sink
2 years, 7 months ago

Wall Street ends sharply lower as Target and growth stocks sink

Hindustan Times  

Wall Street ended sharply lower on Wednesday, with Target losing around a quarter of its stock market value and highlighting worries about the U.S. economy after the retailer became the latest victim of surging prices. "We think the developing impact on retail spending as inflation outpaces wages for even longer than people might have expected is a principal factor in …

Wall Street closes lower as investors size up earnings, inflation
3 years, 6 months ago

Wall Street closes lower as investors size up earnings, inflation

Al Jazeera  

US investors sized up mixed quarterly earnings reports from big banks and other major firms amid continuing concerns about inflation. Stocks gave up early gains and closed broadly lower Tuesday as investors weighed the latest quarterly earnings reports from big United States companies and new data pointing to rising inflation. The Labor Department said Tuesday that prices for US consumers …

US markets set record closing highs as Fed meeting looms
3 years, 7 months ago

US markets set record closing highs as Fed meeting looms

Live Mint  

The S&P 500 and Nasdaq unofficially finished at record highs on Monday as most traders focused on this week's Federal Reserve meeting and not on adding to existing positions. "There are really good arguments on both sides of the inflation argument, but to think it's a good idea to make substantive changes right now, based on continued increase in inflation …

Dow opens down 250 points after Big Tech moves to muzzle Trump
4 years ago

Dow opens down 250 points after Big Tech moves to muzzle Trump

Al Jazeera  

Shares in Big Tech firms like Twitter that have muzzled Trump and some online communities that support him were under pressure on Monday. Investors may have stayed calm in the face of last week’s siege of the United States Capitol building by supporters of President Donald Trump, but the fallout of the insurrection and concerns about market overheating are creeping …

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