Topline The stock market headed to one of its best days of the year Friday, shaking off a historic stretch of losses, as investors responded positively to the latest inflation update. Traders work on the New York Stock Exchange floor on Wednesday. Getty Images Key Facts The blue chip Dow Jones Industrial Average (up 2%,…
Topline The U.S.’ bluechip stock index is mired in its longest stretch in the red since 1978, a potentially concerning signal for investors enjoying an otherwise sanguine period for stocks, though Tuesday’s losses are largely tied to a singular company—UnitedHealth Group—and gains remain healthy over a longer timeframe. December has not been festive for the…
Topline A rare down week for the stock market got dimmer Wednesday, as an $11 billion hamburger selloff and big-ticket losses for big technology stocks pushed U.S. equity indexes to their worst day in six weeks. Traders work on the floor of the New York Stock Exchange on Tuesday. Getty Images Key Facts By mid-afternoon,…