Wall Street rallies from worst day in 2 years as Japanese stocks soar
4 months, 2 weeks ago

Wall Street rallies from worst day in 2 years as Japanese stocks soar

Associated Press  

NEW YORK — A rising tide swept stocks higher, and calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. AP AUDIO: Wall Street rallies to bounce back from its worst day in nearly 2 years, as Japanese stocks soar Stocks are bouncing back after big losses. He’s forecasting both will be worse in the second half of this year than what much of Wall Street expects, while saying a measure of how expensive the U.S. stock market is still looks “frothy” when compared with bond yields and other financial conditions. In the bond market, Treasury yields climbed to claw back some of their sharp drops since April, which were driven by rising expectations for coming cuts to interest rates by the Federal Reserve.

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History of this topic

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week
1 day, 21 hours ago

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week

Associated Press  

BANGKOK — Shares mostly gained in Asia on Monday after U.S. stocks capped a mostly dismal week with a broad rally that still left the benchmark S&P 500 down 2% for the week. 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 cuts …

Wall Street rises to turn a dismal week into just a bad one
4 days, 21 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 …

Stock market today: Wall Street ends little changed after giving up a big morning gain
5 days, 20 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 …

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. …

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, 1 day 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: 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 rises following last week’s slide
1 month, 1 week 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 weakens as its post-election boom slows some more
1 month, 1 week ago

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

Associated Press  

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

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

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

LA Times  

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

JPMorgan Traders See Stronger S&P Year-End Rally Than in 2016
1 month, 1 week ago

JPMorgan Traders See Stronger S&P Year-End Rally Than in 2016

Live Mint  

-- The stock market could rally stronger into the end of the year following Republican Donald Trump’s presidential election victory than it did when he won the US presidency eight years ago, according to JPMorgan Chase & Co.’s trading desk. With Treasury yields back on the rise, they could put a lid on future equity gains, as the S&P 500 …

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

Wall Street slumps to a rare three-day losing streak

LA Times  

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

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

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

The Independent  

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Wall Street pulls back from its records
2 months ago

Wall Street pulls back from its records

LA Times  

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

Wall Street rebounds after Hong Kong stocks suffer their worst day since 2008
2 months, 2 weeks ago

Wall Street rebounds after Hong Kong stocks suffer their worst day since 2008

LA Times  

U.S. stocks rebounded Tuesday after falling oil prices released some of the pressure that had built up on the market. Wall Street held firm even though stock markets around the world sank after scary swings in China, as euphoria about possible stimulus for the world’s second-largest economy gave way to disappointment. Stocks tumbled 9.4% in Hong Kong, marking their worst …

Wall Street storms back from an early slide thanks to Nvidia and Big Tech
3 months, 2 weeks ago

Wall Street storms back from an early slide thanks to Nvidia and Big Tech

LA Times  

The Standard & Poor’s 500 index rallied 1.1% after erasing a morning drop of 1.6%. U.S. stock indexes stormed back from big early drops Wednesday to finish higher, led by a handful of influential Big Tech companies. The Standard & Poor’s 500 rallied 1.1% after erasing a morning drop of 1.6%, one in which almost every stock in the index …

Most of Wall Street slips as S&P 500 stays on track for worst week since April
3 months, 2 weeks ago

Most of Wall Street slips as S&P 500 stays on track for worst week since April

LA Times  

The Standard & Poor’s 500 slipped 0.3% for a third straight drop, and the Dow lost 0.5%. Most U.S. stocks fell Thursday after a mixed round of data on the economy, keeping them on track for their worst week since April. The Standard & Poor’s 500 slipped 0.3% for a third straight drop, and the Dow Jones industrial average lost …

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

Asian shares mostly fall after Wall Street snaps winning streak
4 months ago

Asian shares mostly fall after Wall Street snaps winning streak

The Independent  

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Stock market today: Wall Street slips and breaks an 8-day winning streak
4 months ago

Stock market today: Wall Street slips and breaks an 8-day winning streak

Associated Press  

NEW YORK — U.S. stocks ticked lower Tuesday and snapped an eight-day winning streak, the longest of the year. The chip company is one of Wall Street’s most influential stocks because a frenzy around artificial-intelligence technology has made it one of the U.S. stock market’s most valuable companies at roughly $3 trillion. AP AUDIO: Stock market today: Wall Street hangs …

Wall Street slips, breaking an 8-day winning streak for stocks
4 months ago

Wall Street slips, breaking an 8-day winning streak for stocks

LA Times  

Pedestrians pass the New York Stock Exchange. It is one of Wall Street’s most influential stocks because a frenzy around artificial intelligence technology has made it one of the U.S. stock market’s most valuable companies at roughly $3 trillion. Expectations aren’t that high this time around, with nearly everyone already in agreement the Fed will begin cutting interest rates next …

Stock market today: Wall Street climbs to push its winning streak to 8 days, longest of the year
4 months ago

Stock market today: Wall Street climbs to push its winning streak to 8 days, longest of the year

Associated Press  

NEW YORK — U.S. stocks climbed Monday as Wall Street pulls closer to its record heights following its roller coaster of a summer. It’s clawed back most of its sharp losses from earlier in the summer, which were triggered by worries investors sent its stock price too high amid their frenzy around artificial-intelligence technology. AP AUDIO: Stock market today: Wall …

Wall Street pushes its winning streak to 8 days, longest of the year
4 months ago

Wall Street pushes its winning streak to 8 days, longest of the year

LA Times  

Robert Moran, left, works with fellow traders on the floor of the New York Stock Exchange. It’s clawed back most of its sharp losses from earlier in the summer, which were triggered by worries that investors had sent its stock price too high amid their frenzy around AI technology. Treasury yields held relatively steady ahead of what’s likely to be …

Stock market today: Wall Street closes its best week of the year with some more gains
4 months, 1 week ago

Stock market today: Wall Street closes its best week of the year with some more gains

Associated Press  

NEW YORK — Wall Street coasted to the close of its best week since November, as U.S. stocks drifted a bit higher Friday. Friday’s relatively calm trading capped a manic week where strong economic data helped right Wall Street following a scary run. Even though confidence rose in the economy’s strength following this week’s strong run of reports, it is …

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 …

Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economy
4 months, 1 week ago

Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economy

Associated Press  

NEW YORK — Wall Street rallied to one of its best days of the year Thursday after data showed the U.S. economy is holding up better than expected, with particular credit going to the country’s shoppers. But good news for the economy is once again good news for Wall Street, particularly after a report showed U.S. employers pulled back on …

Wall Street rallies to one of its best days of the year after inflation report
4 months, 1 week 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%
4 months, 2 weeks 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
4 months, 2 weeks 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
4 months, 2 weeks 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 …

Calm returns to Wall Street; stocks bounce back after their worst drop in nearly 2 years
4 months, 2 weeks ago

Calm returns to Wall Street; stocks bounce back after their worst drop in nearly 2 years

LA Times  

A rising tide swept stocks higher, and calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The whiplash moves for financial markets globally have been the result of several technical factors, not just worries ignited by several weaker-than-expected reports on the U.S. economy, in what …

Stocks are crashing—that’s a great reason to sit tight
4 months, 2 weeks ago

Stocks are crashing—that’s a great reason to sit tight

Live Mint  

The red numbers in your 401 today might appear to vindicate warnings about an artificial-intelligence bubble and infirm economy. Also, consumer discretionary stocks have become the worst-performing sector in the S&P 500, as lackluster labor-market reports have raised worries that the Federal Reserve made a mistake by waiting until September to cut interest rates. The most eye-popping moves happened in …

Japan’s share benchmark soars nearly 11% a day after massive sell-offs that shook Wall Street
4 months, 2 weeks ago

Japan’s share benchmark soars nearly 11% a day after massive sell-offs that shook Wall Street

Associated Press  

NEW YORK — Japan’s benchmark Nikkei 225 index soared nearly 11% early Tuesday, a day after it set markets tumbling in Europe and on Wall Street. The scary Monday started with a plunge abroad reminiscent of 1987 ’s crash swept around the world and pummeled Wall Street with more steep losses, as fears worsened about a slowing U.S. economy. “Those …

Wall Street has its worst day since 2022; Dow sinks 1,000
4 months, 2 weeks ago

Wall Street has its worst day since 2022; Dow sinks 1,000

LA Times  

Specialist Glenn Carell works at his post on the floor of the New York Stock Exchange on Monday. A scary Monday that started with a plunge abroad reminiscent of 1987 ’s crash swept around the world and pummeled Wall Street with more steep losses, as fears worsened about a slowing U.S. economy. “Those are usually reserved for emergencies, like COVID, …

Wall Street stocks plunge as fears grow that tech bubble has burst
4 months, 2 weeks 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 …

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen
4 months, 3 weeks ago

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen

Associated Press  

TOKYO — Asian shares traded mixed Thursday as Tokyo’s benchmark plunged as the U.S. dollar sank against the yen. The widespread gains came as Treasury yields eased in the bond market after the Federal Reserve gave the clearest indication yet that it could begin lowering interest rates in September. Fed Chair Jerome Powell said policy makers are “getting closer to …

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022
4 months, 4 weeks ago

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022

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. That followed a split Thursday …

Stock market today: Global shares tumble after a wipeout on Wall Street as Big Tech retreats
4 months, 4 weeks ago

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

The Independent  

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Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022
4 months, 4 weeks ago

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022

Associated Press  

BANGKOK — Shares were mostly higher in Asia on Friday, with major markets apart from Shanghai and Taiwan logging modest gains. That followed a split Thursday on Wall Street, where general stocks and other formerly downtrodden areas of the market rose while superstar Big Tech stocks gave back more of their stellar gains. Tokyo’s core consumer price index rose 2.2% …

US stock market sees worst day since 2022 over Tesla, Alphabet quarterly results
5 months ago

US stock market sees worst day since 2022 over Tesla, Alphabet quarterly results

Hindustan Times  

A wipeout on Wednesday sent U.S. stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy around artificial-intelligence technology. {{^usCountry}} {{/usCountry}} The profit reports from Tesla and Alphabet weren't disasters, but they raised questions among investors about which other market heavyweights' springtime results could fall short of expectations, …

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally
5 months, 1 week ago

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally

Associated Press  

TOKYO — Asian shares were mostly lower Thursday, with Tokyo’s benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China. The markets’ spotlight was squarely on chip companies after a report from Bloomberg News said President Joe Biden is considering the most severe trade restrictions available if …

Stock market today: Asian stocks mixed amid volatile yen after Wall St climbs on inflation report
5 months, 1 week ago

Stock market today: Asian stocks mixed amid volatile yen after Wall St climbs on inflation report

Associated Press  

HONG KONG — Asian stocks were mixed Friday with the yen moved between gains and losses after the latest update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September. AP AUDIO: Stock market today: Most of Wall Street rises after key inflation report, but Big Tech slumps Markets continue moving higher. Wall …

Stock market today: Asian shares mostly rise, boosted by Wall Street records as Tesla zooms
5 months, 3 weeks ago

Stock market today: Asian shares mostly rise, boosted by Wall Street records as Tesla zooms

Associated Press  

TOKYO — Asian shares were mostly higher on Wednesday after Tesla shares zoomed up more than 10%, helping to drive U.S. benchmarks to new records. But some traders were keeping to the sidelines ahead of Thursday’s Independence Day holiday in the U.S. “On the radar is the Japan’s Nikkei, which may extend its run above the 40,000 level, with overnight …

Stock market today: Nasdaq sets another record as Wall Street wins back earlier losses
7 months ago

Stock market today: Nasdaq sets another record as Wall Street wins back earlier losses

Associated Press  

NEW YORK — U.S. stocks rose Friday in a bounce back from Wall Street’s worst day since April. CEO Barbara Rentler said several challenges, “including prolonged inflation, continue to squeeze our low-to-moderate income customers’ purchasing power.” Even though data on the overall, or macro, economy has been showing continued strength for spending by U.S. households, the numbers underneath the surface …

Stock market today: Wall Street coasts to the finish line of another winning week
7 months, 2 weeks ago

Stock market today: Wall Street coasts to the finish line of another winning week

Associated Press  

NEW YORK — U.S. stocks coasted to the close of another winning week on Friday. AP AUDIO: Stock market today: Wall Street coasts toward the close of another winning week AP business correspondent Seth Sutel reports. “That mood can change quickly.” Last week, Federal Reserve Chair Jerome Powell helped pull yields lower after saying the central bank remains closer to …

Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record
7 months, 2 weeks ago

Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record

Associated Press  

TOKYO — Stocks in Asia were mixed Friday after a rally on Wall Street that pulled the S&P 500 back within 1% of its record. In Japan, the Finance Ministry reported a record current account surplus for the fiscal year through March, as strong auto exports whittled down its trade deficit and the nation racked up solid returns on overseas …

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling
7 months, 3 weeks 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 …

Stock market today: Alphabet and Microsoft help Wall Street clinch its best week in nearly 6 months
7 months, 4 weeks ago

Stock market today: Alphabet and Microsoft help Wall Street clinch its best week in nearly 6 months

Associated Press  

NEW YORK — The best week for U.S. stocks since November closed out with more gains thanks to Alphabet and Microsoft on Friday. Such an interpretation calms worries that the U.S. economy could be heading for a toxic mix of stagnating growth and high inflation, something that the Federal Reserve doesn’t have great tools to fix. After earlier indicating that …

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