US stocks stepped higher on Monday as Wall Street kicked off a packed week full of high-profile earnings and a delayed release of key inflation data. The Dow Jones Industrial Average (^DJI) nudged up roughly 0.4%, while the S&P 500 (^GSPC) rose 0.5%. The tech-heavy Nasdaq Composite (^IXIC) also gained around 0.5%, with stocks coming…
CHAPEL HILL, N.C. (AP) — Heavy rain and flooding from the remnants of Tropical Storm Chantal forced dozens of people to flee their homes in central North Carolina, officials said Monday. The Chapel Hill Fire Department and neighboring agencies completed more than 50 water rescues, many of them in areas where floodwaters entered or threatened…
President Trump has continued to voice his dissatisfaction with Federal Reserve Chair Jerome Powell. But should the president go as far as attempting to fire Powell, strategists say it would add to the pressure on US stocks. Michael Goosay, Principal Asset Management’s chief investment officer of global fixed income, told Yahoo Finance that such a…
Wall Street is off to a brutal start to the week, with the Nasdaq dropping more than 3% a few hours into trading on Monday morning, as the markets continue to grapple with President Trump’s tariffs and his criticism of Fed Chairman Jerome Powell. The tech-heavy Nasdaq was down 3.29%, the S&P 500 was down…
Apple (AAPL) shares gained as much as 5% on Monday as Wall Street viewed the iPhone maker a major winner of exemptions on tariffs announced by the Trump administration over the weekend. “The Trump administration gives AAPL a lifeline,” said Angelo Zino, vice president and senior equity analyst at CFRA Research. “It also provides a…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Hypothetically speaking, what if President Trump paused his tariff rollout? For a brief moment Monday morning, the market considered the idea in real-time. Stocks shot up several percentage points on speculation that Trump…
Shares of Nvidia (NVDA, Financial) have plunged about 5% on Monday morning, extending a post-earnings selloff that began last week. The decline pushed the stock to roughly $118.92, leaving it more than 20% below its all-time high reached in early January. Concerns over slowing artificial intelligence spending and the potential impact of tightening chip export…
US stocks rose on Monday after November was the best month of the year for markets. The Dow Jones and S&P 500 surged in November after the Presidential election. Investors are focused on economic data and Fed speeches this week as the holiday shopping season heats up. US indexes edged higher on Monday morning as…