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 the top 171 stocks in the S&P 500, including Nvidia and Apple, to negate the index’s total return this year, according to S&P Dow Jones Indices data as of Wednesday. “With a consumer that’s sort of petered out, drawing down a lot of their savings…it gets hard for me to see those higher price targets," said Logan Moulton, senior portfolio manager at Intelligent Wealth Solutions. “People think there’s going to be this kind of nirvana where the Fed is cutting interest rates and the economy, based on policies, is growing," said Lori Van Dusen, chief executive of LVW Advisors.

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How major US stock indexes fared Wednesday, 1/8/2025
2 days, 12 hours 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
3 days, 12 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
1 week 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.

How major US stock indexes fared Tuesday, 12/31/2024
Trending News
1 week, 3 days ago

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

Associated Press  

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

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year
1 week, 4 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, 4 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. …

Stock market today: Wall Street slips in final days of a banner year for US stocks
1 week, 5 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
2 weeks 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 …

Dow ends up to extend win run to five; rising yields pressure megacap stocks
2 weeks, 1 day 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 Tuesday, 12/24/2024
2 weeks, 3 days 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 …

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

How major US stock indexes fared Wednesday, 12/18/2024
3 weeks, 2 days 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 …

How major US stock indexes fared Tuesday, 12/17/2024
3 weeks, 3 days 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, 4 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 …

How major US stock indexes fared Thursday, 12/12/2024
Trending News
4 weeks, 1 day 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 …

How major US stock indexes fared Wednesday, 12/11/2024
4 weeks, 2 days 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
1 month 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. …

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

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 …

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

How major US stock indexes fared Tuesday, 12/3/2024
1 month, 1 week ago

How major US stock indexes fared Tuesday, 12/3/2024

Associated Press  

U.S. stocks tiptoed to more records after a quiet day of trading. The S&P 500 edged up by 2 points, or less than 0.1%, on Tuesday to set an all-time high for the 55th time this year. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier. The Dow …

How major US stock indexes fared Friday, 11/29/2024
1 month, 2 weeks ago

How major US stock indexes fared Friday, 11/29/2024

Associated Press  

Stocks closed with solid gains as Wall Street put the finishing touches on one of its best months of the year. The S&P rose 0.6% while the Dow Jones Industrial Average gained 188 points, or 0.4%. On Friday: The S&P 500 rose 33.64 points, or 0.6%, to 6,032.28. The Dow Jones Industrial Average rose 188.59 points, or 0.4%, to 44,910.65. …

How major US stock indexes fared Tuesday, 11/26/2024
1 month, 2 weeks ago

How major US stock indexes fared Tuesday, 11/26/2024

Associated Press  

U.S. stocks closed at more records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street. The Dow Jones Industrial Average added 0.3% to its own record set the day before, while the Nasdaq composite rose 0.6% as Big Tech stocks helped lead the way. Stock markets abroad saw mostly modest losses, after President-elect Trump said …

How major US stock indexes fared Monday, 11/25/2024
1 month, 2 weeks ago

How major US stock indexes fared Monday, 11/25/2024

Associated Press  

Stocks closed higher on Wall Street, sending the Dow Jones Industrial Average to another all-time high. Smaller companies can feel a big boost from easier borrowing costs, and the Russell 2000 index of small stocks jumped 1.5%, closing just shy of the record high it set three years ago. The Dow Jones Industrial Average rose 440.06 points, or 1%, to …

How major US stock indexes fared Friday, 11/22/2024
1 month, 2 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, …

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000
1 month, 3 weeks ago

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000

Associated Press  

NEW YORK — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock …

How major US stock indexes fared Tuesday, 11/19/2024
1 month, 3 weeks ago

How major US stock indexes fared Tuesday, 11/19/2024

Associated Press  

Nvidia and other tech companies pulled U.S. stock indexes higher after they stumbled in the morning on worries about escalations in the Russia-Ukraine war. The Nasdaq composite also erased an early loss to turn 1% higher, while the Dow Jones Industrial Average slipped 0.3%. On Tuesday: The S&P 500 rose 23.36 points, or 0.4%, to 5,916.98. The Dow Jones Industrial …

How major US stock indexes fared Thursday, 11/14/2024
1 month, 3 weeks ago

How major US stock indexes fared Thursday, 11/14/2024

Associated Press  

U.S. stocks slipped as the market’s big burst following Donald Trump’s election continued to cool. The Dow Jones Industrial Average dropped 0.5%, and the Nasdaq composite sank 0.6%. Short-term Treasury yields swung following the latest economic reports before rising after Chair Jerome Powell said the Federal Reserve is not in a hurry to cut interest rates. The Dow Jones Industrial …

Stock market today: Wall Street weakens as its post-election boom slows some more
1 month, 4 weeks ago

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

Associated Press  

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

Wall Street weakens as its post-election boom slows some more
1 month, 4 weeks ago

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

LA Times  

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

How major US stock indexes fared Wednesday, 11/13/2024
1 month, 4 weeks ago

How major US stock indexes fared Wednesday, 11/13/2024

Associated Press  

U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The Dow Jones Industrial Average edged up 0.1%, and the Nasdaq composite slipped 0.3%. That strengthened expectations that the Federal Reserve will cut interest rates for a third time this …

How major US stock indexes fared Tuesday, 11/12/2024
1 month, 4 weeks ago

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

Associated Press  

U.S. stocks edged lower as momentum came out of the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The Dow Jones Industrial Average fell 0.9%, and the Nasdaq composite slipped 0.1%. On Tuesday: The S&P 500 fell 17.36 points, or 0.3%, to 5,983.99. The Dow Jones Industrial Average fell 382.15 points, or 0.9%, to 43,910.98.

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

How major US stock indexes fared Monday, 11/11/2024

Associated Press  

Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check. The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 0.7%, and the Nasdaq composite edged up …

Stock Rotation Lifts Small Caps to Three-Year High: Markets Wrap
1 month, 4 weeks ago

Stock Rotation Lifts Small Caps to Three-Year High: Markets Wrap

Live Mint  

Stocks rose for a fifth straight session, Bitcoin topped $84,000 and the dollar was on track for a one-year high, with investors continuing to bet those trades will benefit from President-elect Donald Trump’s agenda. “Aside from any potential profit-taking after such a strong surge, this week’s inflation data may determine whether the market pads its gains.” The S&P 500 was …

JPMorgan Traders See Stronger S&P Year-End Rally Than in 2016
1 month, 4 weeks 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 …

How major US stock indexes fared Friday, 11/8/2024
2 months ago

How major US stock indexes fared Friday, 11/8/2024

Associated Press  

U.S. stocks coasted to the close of their best week in a year. The Dow Jones Industrial Average added 0.6%, and the Nasdaq composite rose 0.1%. The relatively quiet trading followed big gains for indexes 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 …

How major US stock indexes fared Thursday, 11/7/2024
2 months ago

How major US stock indexes fared Thursday, 11/7/2024

Associated Press  

Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy. The Dow Jones Industrial Average was barely changed, and the Nasdaq composite gained 1.5%. Federal Reserve Chair Jerome Powell said it’s too early to know how Donald Trump’s presidential victory will shift the Fed’s rate policies. The Dow Jones Industrial Average …

Trump tax cuts come at the right time for stocks. Further ahead, it gets murky.
2 months ago

Trump tax cuts come at the right time for stocks. Further ahead, it gets murky.

Live Mint  

For stock markets, the short-term and long-term outcomes of the “Trump trade" won’t necessarily be the same. The S&P 500 rose 2.5% to a record close Wednesday, buoyed by Trump’s stated intentions to, among other tax cuts, take the corporate-tax rate from 21% to 15% for companies that manufacture in the U.S. View Full Image Graphic: WSJ Much might depend …

How major US stock indexes fared Wednesday, 11/6/2024
2 months ago

How major US stock indexes fared Wednesday, 11/6/2024

Associated Press  

U.S. stocks stormed to records as investors bet on what Donald Trump’s return to the White House will mean for the economy and the world. The Dow Jones Industrial Average surged 1,500 points, and the Nasdaq composite gained 3%. Bitcoin also jumped to a record, while Treasury yields ran higher amid worries about bigger U.S. government borrowing and higher inflation. …

Stocks Soar on Election Day, as Economy Remains Strong
2 months ago

Stocks Soar on Election Day, as Economy Remains Strong

Associated Press  

US stocks enjoyed a strong rally on Tuesday, with the S&P 500, Dow Jones Industrial Average, and Nasdaq composite all gaining positive gains. Excitement surrounding the artificial-intelligence boom helped lift Wall Street, with Palantir Technologies reporting a strong profit report that boosted the S&P 500. Additionally, U.S. services businesses showed growth acceleration, supporting the Dow's positive performance. The Russell 2000 …

US Stock Market Soars on Election Day as Voters Head to Polls
2 months ago

US Stock Market Soars on Election Day as Voters Head to Polls

Hindustan Times  

US stock market is ticking higher on Election Day as voters head to polls. The S&P 500 is up 0.4%, the Dow Jones Industrial Average is up 0.2%, and the Nasdaq composite is up 0.6%. The election is the main event, even if the result may not be known for days, weeks or months as officials count all the votes.

Tech Stocks Soar, But Wall Street Remains Mixed
2 months, 1 week ago

Tech Stocks Soar, But Wall Street Remains Mixed

Associated Press  

Major US stock indexes perform mixed performances on Tuesday, with the Nasdaq composite setting a record high. While the majority of stocks in the S&P 500 fell, gains for major tech companies like Microsoft, Meta Platforms, and others helped lift the index. Conversely, homebuilders and Ford Motor experienced significant losses.

Earnings Outlook: S&P 500 Set for Record Milestone as Election Looms
2 months, 3 weeks ago

Earnings Outlook: S&P 500 Set for Record Milestone as Election Looms

Live Mint  

The S&P 500 Index is expected to reach 6,000 by year-end, with the majority of respondents expecting the tech giants to take the lead in the earnings season. Despite the upcoming US presidential election, the strength of earnings is seen as more crucial for the stock market's performance than the outcome of the election itself.

How major US stock indexes fared Wednesday, 9/18/2024
3 months, 3 weeks ago

How major US stock indexes fared Wednesday, 9/18/2024

Associated Press  

Wall Street wavered near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite gave back 0.3%. On Wednesday: The S&P 500 fell 16.32 points, or 0.3%, to 5,618.26. The Dow Jones Industrial Average fell 103.08 points, or …

How major US stock indexes fared Tuesday, 9/17/2024
3 months, 3 weeks ago

How major US stock indexes fared Tuesday, 9/17/2024

Associated Press  

U.S. stocks drifted to a mixed close near their all-time highs ahead of a highly anticipated meeting of the Federal Reserve. The Dow Jones Industrial Average slipped less than 0.1%, pulling slightly below the record high it set a day earlier. On Tuesday: The S&P 500 rose 1.49 points, or less than 0.1%, to 5,634.58. The Dow Jones Industrial Average …

How major US stock indexes fared Friday, 9/13/2024
3 months, 4 weeks ago

How major US stock indexes fared Friday, 9/13/2024

Associated Press  

U.S. stocks rose closer to their records and closed out their best week of the year as hopes built for a big rate cut next week. The S&P 500 rose 0.5% Friday to climb within 0.7% of its all-time high reached in July. The Dow Jones Industrial Average rose 297.01 points, or 0.7%, to 41,393.78. The Russell 2000 index of …

How major US stock indexes fared Friday, 8/23/2024
4 months, 2 weeks ago

How major US stock indexes fared Friday, 8/23/2024

Associated Press  

U.S. stocks rallied closer to their records 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% Friday after Fed Chair Jerome Powell said the time has come to lower its main interest rate …

How major US stock indexes fared Wednesday, 8/21/2024
4 months, 2 weeks ago

How major US stock indexes fared Wednesday, 8/21/2024

Associated Press  

U.S. stocks closed higher after more big companies delivered profit reports that topped analysts’ expectations. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite rose 0.6%. On Wednesday: The S&P 500 rose 23.73 points, or 0.4%, to 5,620.85. The Dow Jones Industrial Average rose 55.52 points, or 0.1%, to 40,890.49. The Russell 2000 index of smaller companies rose …

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