Tech slide, pandemic surge slam Wall Street, biggest weekly loss since March
4 years, 2 months ago

Tech slide, pandemic surge slam Wall Street, biggest weekly loss since March

Live Mint  

US stock indexes closed lower on Friday to cap Wall Street's biggest weekly sell-off since March, as losses in richly priced tech heavyweights, a record rise in coronavirus cases and jitters over the presidential election snuffed investor sentiment. "We're two market days away from Election Day and people want to make sure that they're not completely caught off guard," said Pete Santoro, a Boston-based equity portfolio manager at Columbia Threadneedle. The S&P 500 has fallen about 8.9% since hitting an all-time high in early September in a rally driven by the tech mega caps whose quarterly results this week failed to meet highly optimistic expectations. Twitter Inc, the largest S&P 500 decliner by percentage, slumped 21.1% after the micro-blogging site added fewer users than expected and warned the U.S. election could affect ad revenue.

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History of this topic

How major US stock indexes fared Wednesday, 1/8/2025
13 hours, 58 minutes ago

How major US stock indexes fared Wednesday, 1/8/2025

Associated Press  

U.S. stock indexes ended mixed after drifting between small losses and gains. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite slipped 0.1%. On Wednesday: The S&P 500 rose 9.22 points, or 0.2%, to 5,918.25. The Dow Jones Industrial Average rose 106.84 points, or 0.3%, to 42,635.20. The Russell 2000 index of smaller companies fell 10.84 points, or …

How major US stock indexes fared Tuesday, 1/7/2025
Trending News
1 day, 13 hours ago

How major US stock indexes fared Tuesday, 1/7/2025

Associated Press  

Good news on the U.S. economy is back to being bad for Wall Street. The Dow Jones Industrial Average dropped 0.4%, and the Nasdaq composite tumbled 1.9%. While the strong reports on the U.S. job market and business activity were good news for anyone worried about a possible recession, they could also make it less likely the Federal Reserve will …

How major US stock indexes fared Friday, 1/3/2025
5 days, 14 hours ago

How major US stock indexes fared Friday, 1/3/2025

Associated Press  

Wall Street rallied out of its holiday-season funk. The Dow Jones Industrial Average rose 0.8%, and the Nasdaq composite gained 1.8%. On Friday: The S&P 500 rose 73.92 points, or 1.3%, to 5,942.47. The Dow Jones Industrial Average rose 339.86 points, or 0.8%, to 42,732.13. The Russell 2000 index of smaller companies rose 36.80 points, or 1.6%, to 2,268.47.

Wall Street opens 2025 with more modest losses
1 week ago

Wall Street opens 2025 with more modest losses

LA Times  

Traders work on the floor at the New York Stock Exchange in New York’s Financial District on Jan. 2, 2025. U.S. stock indexes slipped Thursday as Wall Street’s weak end to last year carried into 2025. Consider a measure tracked by Bank of America of how heavily Wall Street analysts are recommending stocks, which recently hit its highest level since …

How major US stock indexes fared Tuesday, 12/31/2024
Trending News
1 week, 1 day 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 …

TSX records biggest annual gain since 2021
1 week, 1 day ago

TSX records biggest annual gain since 2021

Live Mint  

* TSX gains 18.5% in 2024 * Records best year since 2021 By Nivedita Balu Dec 31 - Canada's main stock index recorded its best year since 2021 on Tuesday, the last trading day of the year historically considered as favorable for equities, navigating a number of macroeconomic and global uncertainties in 2024. In the United States, the bellwether S&P …

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

Stocks just did something they haven’t done in nearly three decades
1 week, 2 days ago

Stocks just did something they haven’t done in nearly three decades

CNN  

New York CNN — US markets wrapped up a blockbuster 2024 by marking an achievement so rare that it’s only ever happened a handful of times. Despite US stocks closing lower Tuesday in a disappointing December that saw the Dow drop over 2,000 points, or about 5%, and the S&P 500 slide 2.5%, this was a stellar year for stocks. …

Wall Street indexes lose ground as market closes another record-breaking year
1 week, 2 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 ends lower on penultimate trading day of a strong 2024
Trending News
1 week, 2 days ago

Wall Street ends lower on penultimate trading day of a strong 2024

Live Mint  

* Crypto stocks drop tracking bitcoin's slide * Boeing dips as South Korea begins crash investigation * U.S. stock markets closed on Jan 9 * Indexes down: Dow 0.59%, S&P 500 0.61%, Nasdaq 0.61% By Stephen Culp NEW YORK, Dec 30 - Wall Street closed in negative territory on Monday in light volume at the top of a holiday-shortened week …

Stock market today: Wall Street slips in final days of a banner year for US stocks
1 week, 3 days ago

Stock market today: Wall Street slips in final days of a banner year for US stocks

Associated Press  

U.S. stocks closed broadly lower Monday as a banner year on Wall Street looked set to finish on a sour note. Wall Street expects companies within the S&P 500 to report broad earnings growth of more than 9% for the year, according to FactSet. Wall Street was encouraged by cooling inflation throughout the year that had brought the rate of …

Stocks set to end 2024 on a sour note despite strong gains for the year
1 week, 3 days ago

Stocks set to end 2024 on a sour note despite strong gains for the year

CNN  

New York CNN — US stocks dropped Monday, with the Dow falling by 418 points, or just under 1%, as markets close out a record year. Shares of Boeing also saw major declines Monday following the fatal Jeju Air crash, which prompted South Korea to order an inspection of all its 737-800 planes, the Boeing model that crashed. In the …

Stock market today: Wall Street slips in final days of a banner year for US stocks
1 week, 3 days ago

Stock market today: Wall Street slips in final days of a banner year for US stocks

LA Times  

The New York Stock Exchange is shown in New York’s Financial District on Dec. 23, 2024. U.S. stocks closed broadly lower Monday as a banner year on Wall Street looked set to finish on a sour note. Wall Street expects companies within the S&P 500 to report broad earnings growth of more than 9% for the year, according to FactSet. …

How major US stock indexes fared Friday, 12/27/2024
1 week, 5 days ago

How major US stock indexes fared Friday, 12/27/2024

Associated Press  

Stocks closed lower as Wall Street ended a holiday-shortened week on a down note. The S&P 500 fell 1.1% Friday and the the Dow Jones Industrial Average lost 333 points, or 0.8%. On Friday: The S&P 500 fell 66.75 points, or 1.1%, to 5,970.84. The Dow Jones Industrial Average dropped 333.59 points, or 0.8%, to 49,992.21. The Russell 2000 index …

Stocks slip as the ‘Magnificent 7’ tech firms weigh down the market
1 week, 6 days ago

Stocks slip as the ‘Magnificent 7’ tech firms weigh down the market

LA Times  

The statue “Fearless Girl” stands outside the New York Stock Exchange. That weaker-than-expected report follows an update on the labor market Thursday that showed unemployment benefits held steady last week. The stream of upbeat economic data and easing inflation helped prompt a reversal in the Federal Reserve’s interest rate policy this year. Even though inflation has come closer to the …

Markets stumble as Wall Street sells off Big Tech
1 week, 6 days ago

Markets stumble as Wall Street sells off Big Tech

CNN  

CNN — US stocks ended Friday in the red, closing out a lackluster week despite a year of historic highs. The “Magnificent Seven” group of high-performing tech stocks — Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla — has accounted for more than half of the gains so far this year as they benefit from intense investor focus on ways …

Dow ends up to extend win run to five; rising yields pressure megacap stocks
1 week, 6 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 …

How major US stock indexes fared Thursday, 12/26/2024
Trending News
1 week, 6 days ago

How major US stock indexes fared Thursday, 12/26/2024

Associated Press  

Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite fell 0.1%. The Labor Department reported that U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in …

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

How major US stock indexes fared Tuesday, 12/24/2024
2 weeks, 1 day ago

How major US stock indexes fared Tuesday, 12/24/2024

Associated Press  

Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The Dow Jones Industrial Average rose 0.9%, and the Nasdaq composite climbed 1.3%. On Tuesday: The S&P 500 rose 65.97 points, or 1.1%, to 6,040.04. The Dow Jones Industrial Average rose 390.08 points, or 0.9%, to 43,297.03. The Russell 2000 index of …

Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%
Trending News
2 weeks, 2 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 …

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week
2 weeks, 3 days 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 …

How major US stock indexes fared Friday, 12/20/2024
2 weeks, 5 days ago

How major US stock indexes fared Friday, 12/20/2024

Associated Press  

U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The Dow Jones Industrial Average jumped nearly 500 points, and the Nasdaq composite gained 1%. On Friday: The S&P 500 rose 63.77 points, or 1.1%, to 5,930.85. The Dow Jones Industrial Average rose 498.02 points, or …

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 …

How major US stock indexes fared Thursday, 12/19/2024
2 weeks, 6 days ago

How major US stock indexes fared Thursday, 12/19/2024

Associated Press  

An early rebound for U.S. stocks petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.1% Thursday, coming off one of its worst days of the year after the Federal Reserve said it may deliver fewer cuts to interest rates in 2025 than earlier thought. The Dow Jones Industrial Average …

How major US stock indexes fared Wednesday, 12/18/2024
3 weeks ago

How major US stock indexes fared Wednesday, 12/18/2024

Associated Press  

U.S. stocks sank to their second-worst loss of the year after the Federal Reserve signaled that it may deliver fewer interest rates cuts in 2025 than earlier thought. The Dow Jones Industrial Average sank more than 1,100 points, and the Nasdaq composite dropped 3.6%. The Dow Jones Industrial Average fell 1,123.03 points, or 2.6%, to 42,326.87. The Russell 2000 index …

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
3 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
3 weeks, 1 day 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
3 weeks, 2 days 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 …

Stock market today: Asian shares fall as China reports lackluster data, while bitcoin hits new highs
3 weeks, 3 days ago

Stock market today: Asian shares fall as China reports lackluster data, while bitcoin hits new highs

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares retreated Monday in …

Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting
3 weeks, 3 days ago

Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting

LA Times  

The New York Stock Exchange is shown behind the statue titled “Fearless Girl” on Dec. 12, 2024. U.S. stock indexes drifted amid mixed trading Monday ahead of this week’s 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 …

How major US stock indexes fared Friday, 12/13/2024
3 weeks, 5 days ago

How major US stock indexes fared Friday, 12/13/2024

Associated Press  

Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. Broadcom surged after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. On Friday: The S&P 500 fell 0.16 points, or less than 0.1%, to 6,051.09. The Dow Jones Industrial Average fell 86.06 points, or 0.2%, …

How major US stock indexes fared Thursday, 12/12/2024
Trending News
3 weeks, 6 days ago

How major US stock indexes fared Thursday, 12/12/2024

Associated Press  

U.S. stock indexes drifted lower following some potentially discouraging data on the economy. The Dow Jones Industrial Average fell 0.5%, and the Nasdaq composite dropped 0.7% from its record set the day before. On Thursday: The S&P 500 fell 32.94 points, or 0.5%, to 6,051.25. The Dow Jones Industrial Average fell 234.44 points, or 0.5%, to 43,914.12. The Russell 2000 …

Wall Street today: S&P 500, Nasdaq slid at US market open as investors eye economic data ahead of Fed meeting
3 weeks, 6 days ago

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

Live Mint  

Wall Street today: The US markets opened today with the S&P 500 and the Nasdaq losing points on Thursday, after closing higher at the previous market close. At 9:37 a.m., the Dow Jones Industrial Average rose 0.09 per cent to 44,188.62 points, the S&P 500 dropped 0.26 per cent to 6,068.64 points and the Nasdaq Composite fell 0.48 per cent …

Stock market today: Asian shares advance, tracking rally on Wall Street
Trending News
4 weeks ago

Stock market today: Asian shares advance, tracking rally on Wall Street

Associated Press  

BANGKOK — Shares advanced Thursday in Asia after Wall Street resumed its upward climb, as an update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. U.S. stock indexes resumed climbing on Wednesday after an update on inflation appeared to clear the way for more help for the economy from the Federal …

How major US stock indexes fared Wednesday, 12/11/2024
4 weeks ago

How major US stock indexes fared Wednesday, 12/11/2024

Associated Press  

Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. On Wednesday: The S&P 500 rose 49.28 points, or 0.8%, to 6,084.19. The Dow Jones Industrial Average fell 99.27 points, or 0.2%, to 44,148.56. The Nasdaq composite rose 347.65 points, or 1.8%, to …

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. …

Wall Street gets back to climbing, and the Nasdaq tops 20,000
4 weeks, 1 day ago

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

LA Times  

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

How major US stock indexes fared Tuesday, 12/10/2024
4 weeks, 1 day ago

How major US stock indexes fared Tuesday, 12/10/2024

Associated Press  

U.S. stock indexes drifted lower in the runup to the highlight of the week for the market, the latest update on inflation. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite also fell 0.3%. Treasury yields rose in the bond market ahead of Wednesday’s inflation report, which will be among the final big pieces of data before the …

Stock market today: Wall Street slips to a rare back-to-back loss
4 weeks, 2 days 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
4 weeks, 2 days 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 …

Can stocks pull off a third consecutive year of big gains?
1 month ago

Can stocks pull off a third consecutive year of big gains?

Live Mint  

Wall Street is grappling with whether another year of robust gains is possible for a stock market that is looking precariously expensive. JPMorgan Chase, Morgan Stanley and Goldman Sachs project that the S&P 500 will reach 6500 by the end of next year, a 6.7% increase from Friday’s close of roughly 6090. It would now take erasing the gains of …

How major US stock indexes fared Friday, 12/6/2024
1 month ago

How major US stock indexes fared Friday, 12/6/2024

Associated Press  

U.S. stocks rose to records after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The S&P 500 climbed 0.2%, just enough top the all-time high set on Wednesday, as it closed a third straight winning week in what looks to be one of its …

How major US stock indexes fared Thursday, 12/5/2024
1 month ago

How major US stock indexes fared Thursday, 12/5/2024

Associated Press  

U.S. stocks slipped below their records in the runup to a big jobs report due on Friday. The Dow Jones Industrial Average lost 0.6%, while the Nasdaq composite fell 0.2%. On Thursday: The S&P 500 fell 11.38 points, or 0.2%, to 6,075.11. The Dow Jones Industrial Average fell 248.33 points, or 0.6%, to 44,765.71. The Russell 2000 index of smaller …

Wall Street parties like it’s 1998 as AI fuels gains unmatched since dot-com era
1 month ago

Wall Street parties like it’s 1998 as AI fuels gains unmatched since dot-com era

Associated Press  

NEW YORK — The S&P 500 is on track to close 2024 with a gain of nearly 27%, after setting 50 record highs this year. That’s on top of its 24.2% spurt the year before, a spectacular two-year run unmatched since the dot-com boom. But perhaps more importantly, it’s so far avoided a recession that many on Wall Street worried …

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 …

How major US stock indexes fared Wednesday, 12/4/2024
1 month ago

How major US stock indexes fared Wednesday, 12/4/2024

Associated Press  

U.S. stock indexes reached more records after tech companies talked up how much artificial intelligence is boosting their results. The Dow Jones Industrial Average gained 0.7%, while the Nasdaq composite added 1.3% to its own record. On Wednesday: The S&P 500 rose 36.61 points, or 0.6%, to 6,086.49. The Dow Jones Industrial Average rose 308.51 points, or 0.7%, to 45,014.04. …

Tech stocks and AI lift Wall Street to more records
1 month ago

Tech stocks and AI lift Wall Street to more records

LA Times  

The Standard & Poor’s 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. The central bank had appeared set to continue cutting rates into …

S&P 500 Ekes Out Gain to Notch 55th Record in 2024: Markets Wrap
1 month ago

S&P 500 Ekes Out Gain to Notch 55th Record in 2024: Markets Wrap

Live Mint  

A rally that drove stocks to a series of all-time highs showed signs of exhaustion, with investors awaiting this week’s key jobs report and Jerome Powell’s remarks for clues on whether Federal Reserve officials will cut interest rates in December. “The question for investors isn’t ‘will the Fed cut again.’ but rather ‘will the next cut be in December or …

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