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 central bank’s target of 2%, it remains stubbornly above that mark and worries about it heating up again have tempered the forecast for more interest rate cuts. Inflation concerns have added to uncertainties heading into 2025, which include the labor market’s path ahead and shifting economic policies under incoming President Trump.

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How major US stock indexes fared Tuesday, 1/7/2025
Trending News
1 day, 20 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 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 …

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. …

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 …

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. …

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 today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%
Trending News
2 weeks, 3 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 …

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 …

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 …

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
4 weeks 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: 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. …

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 …

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 today: S&P 500 and Dow Jones slip, Nasdaq edges higher
1 month 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, …

Stock market today: Losses for Big Tech pull US indexes lower
1 month, 1 week ago

Stock market today: Losses for Big Tech pull US indexes lower

Associated Press  

Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week. Several personal computer makers also helped pull the market lower following their latest earnings reports. AP AUDIO: Stock market today: Wall Street wavers as Big Tech stocks fall AP correspondent Seth Sutel reports on the latest market movements. The …

Losses for Big Tech pull U.S. stock indexes lower
1 month, 1 week ago

Losses for Big Tech pull U.S. stock indexes lower

LA Times  

The Standard & Poor’s 500 fell 0.4%, even though more stocks in the index notched gains than ended lower. Technology stocks helped pull stocks lower Wednesday on Wall Street, handing the market its first loss in more than a week. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls …

Wall Street turns positive as Dow hits one-week high
Trending News
1 month, 2 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, …

Wall Street today: US stocks drop amid geopolitical tensions, Nvidia earnings in focus, Target tanks 20%
1 month, 2 weeks ago

Wall Street today: US stocks drop amid geopolitical tensions, Nvidia earnings in focus, Target tanks 20%

Live Mint  

US stocks dropped on Wednesday amid escalating geopolitical tensions between Russia and Ukraine, and as investors awaited chip giant Nvidia's quarterly results. At 09:53 am the Dow Jones Industrial Average rose 1.09 points to 43,270.03, the S&P 500 lost 20.79 points, or 0.35 per cent, to 5,896.19 and the Nasdaq Composite lost 94.90 points, or 0.50 per cent, to 18,892.57. …

How major US stock indexes fared Monday, 11/18/2024
1 month, 3 weeks ago

How major US stock indexes fared Monday, 11/18/2024

Associated Press  

Most U.S. stocks ticked higher to recover some of their sharp slide from last week. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite gained 0.6%. On Monday: The S&P 500 rose 23.00 points, or 0.4%, to 5,893.62. The Dow Jones Industrial Average fell 55.39 points, or 0.1%, to 43,389.60. The Russell 2000 index of smaller companies rose …

How major US stock indexes fared Friday, 11/15/2024
1 month, 3 weeks ago

How major US stock indexes fared Friday, 11/15/2024

Associated Press  

U.S. stocks fell to their worst loss since Election Day as the rally that Wall Street got from last week’s victory for Donald Trump and a cut to interest rates by the Federal Reserve kept fading. The Dow Jones Industrial Average dropped 0.7%, and the Nasdaq composite fell 2.2%. The Dow Jones Industrial Average fell 305.87 points, or 0.7%, to …

Stock market today: Wall Street weakens as its post-election boom slows some more
1 month, 3 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, 3 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 Tuesday, 11/12/2024
1 month, 3 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 …

US Stock Market Surges, Oil Prices Climb, and Treasury Yields Dip
Trending News
2 months ago

US Stock Market Surges, Oil Prices Climb, and Treasury Yields Dip

Associated Press  

US stock markets enjoyed a mixed performance on Monday, with the S&P 500 and Dow Jones Industrial Average showing slight losses, while the Nasdaq composite lost ground. Oil prices climbed, while Treasury yields dropped. The Chinese government's decision on stimulus for the world's second-largest economy is expected to be a major factor to watch for investors.

Wall Street climbs ahead of a big week for Big Tech as oil drops 6%
2 months, 1 week ago

Wall Street climbs ahead of a big week for Big Tech as oil drops 6%

LA Times  

U.S. stocks rose Monday as gains for Big Tech made up for slides in oil-and-gas stocks after the price of crude tumbled sharply. Several Big Tech stocks helped lead the way, and five of the behemoths known as the “Magnificent Seven” are on this week’s schedule to report their latest profits. Monday’s gains for Big Tech helped offset drops for …

Wall Street pulls back from its records
2 months, 2 weeks 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 falls from its records as oil prices tumble and tech stocks drop
2 months, 3 weeks ago

Wall Street falls from its records as oil prices tumble and tech stocks drop

LA Times  

The Standard & Poor’s 500 index fell 0.8%, a day after setting an all-time high for the 46th time this year. Exxon Mobil dropped 3%, and energy stocks fell to some of Wall Street’s sharpest losses after oil prices tumbled more than 4%. Chief Executive Christophe Fouquet said AI continues to offer strong upside potential, but “other market segments are …

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 …

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

Stocks tank as economic slowdown fears mount and tech companies disappoint
4 months ago

Stocks tank as economic slowdown fears mount and tech companies disappoint

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 Wall Street took a …

Wall Street tumbles on worries about the economy; Dow drops more than 600 points
4 months ago

Wall Street tumbles on worries about the economy; Dow drops more than 600 points

LA Times  

U.S. stocks tumbled Tuesday to their worst day since an early August sell-off, as a week full of updates on the economy got off to a discouragingly weak start. Stocks of oil and gas companies were some of the market’s biggest losers after the price of crude oil fell roughly 4% on concerns about how much fuel a fragile global …

Losses for Big Tech companies lead Wall Street lower
4 months, 1 week ago

Losses for Big Tech companies lead Wall Street lower

LA Times  

The New York Stock Exchange with Trinity Church in the background on Aug. 28, 2024. Stocks on Wall Street closed lower Wednesday as a pullback in big technology companies outweighed gains elsewhere in the market. Its earnings and revenue topped Wall Street’s forecasts, but the stock fell 3.7% in after-hours trading. The hope is that the data show inflation easing …

How major US stock indexes fared Monday, 8/26/2024
4 months, 1 week ago

How major US stock indexes fared Monday, 8/26/2024

Associated Press  

The Dow Jones Industrial Average closed at a record high on Wall Street, even as losses for Big Tech companies pulled the S&P 500 and the Nasdaq composite lower. The mixed trading came at the start of a week featuring another full slate of corporate earnings and the government’s latest inflation reading. The Dow Jones Industrial Average rose 65.44 points, …

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 …

How major US stock indexes fared Thursday, 8/22/2024
4 months, 2 weeks ago

How major US stock indexes fared Thursday, 8/22/2024

Associated Press  

Stocks closed lower in the run-up to Wall Street’s main event for the week, a speech by Federal Reserve Chair Jerome Powell coming on Friday. The Dow dropped 177 points, or 0.4%, and the Nasdaq composite sank 1.7%. On Thursday: The S&P 500 fell 50.21 points, or 0.9%, to 5,570.64. The Dow Jones Industrial Average fell 177.71 points, or 0.4%, …

How major US stock indexes fared Tuesday, 8/20/2024
4 months, 2 weeks ago

How major US stock indexes fared Tuesday, 8/20/2024

Associated Press  

U.S. stocks ticked lower and snapped an eight-day winning streak, the longest of the year. The S&P 500 fell 0.2% Tuesday, but it’s still just 1.2% below its all-time high set last month. The Dow Jones Industrial Average slipped 0.2%, and the Nasdaq composite fell 0.3%. The Dow Jones Industrial Average fell 61.56 points, or 0.2%, to 40,834.97. The Russell …

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%
5 months 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 a morning rally evaporates and some AI stock darlings drop
5 months 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 …

S&P 500 Falls 3% in Biggest One-Day Drop Since September 2022
5 months ago

S&P 500 Falls 3% in Biggest One-Day Drop Since September 2022

Bloomberg  

Now that the dust has settled on Monday’s selloff, let’s take stock of what’s become the worst three-day slide since June 2022. Here are five Key Takeaways from Monday’s markets: The benchmark S&P 500 and the tech-heavy Nasdaq 100 each dropped 3% on Monday while the Russell 2000 dropped 3.3%. Losses across big tech were the primary drivers, with slides …

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