Stocks remained on edge to kick off the week as Trump resumed his tariff threats against Mexico and Canada. But analysts have largely shrugged off recent sell-off action after Wall Street experienced its worst trading day of the year on Friday when fears over inflation and economic uncertainty dragged down the major indexes. The Dow…
STORY: Wall Street’s main indexes rose Wednesday, with the S&P 500 hitting an intraday record high thanks to strong Netflix earnings and a rally in tech shares. The Dow gained three-tenths of a percent, the S&P climbed about six-tenths and the tech-heavy Nasdaq added nearly 1.3%. Shares of Netflix surged more than 9.5% after the…
STORY: U.S. stocks ended lower on Tuesday with the Dow dropping for a ninth straight session as investors showed caution ahead of the Federal Reserve’s last policy meeting of the year. The Dow shed six-tenths of a percent, the S&P 500 lost four-tenths and the Nasdaq dipped about three-tenths of a percent. Markets are pricing…
STORY: Wall Street’s main indexes closed lower on Tuesday as investors awaited key inflation data that could influence the Federal Reserve’s decision on interest rates next week. The Dow, S&P 500 and Nasdaq all dropped between roughly one-third to one-quarter of a percentage point. The Consumer Price Index, due on Wednesday, is expected to show…
The S&P 500 Is on Track for a Record Close With FOMC Minutes on Tap The S&P 500 on Tuesday was trading above its highest close on record with only Fed minutes and the central bank’s preferred inflation gauge in between Wall Street and the Thanksgiving break. The Nasdaq Composite was up 0.5%. The Dow…
STORY: The Dow registered its fourth record high in five days on Thursday, after stronger-than-expected monthly retail sales and a chip stock rally powered by Taiwan Semiconductor’s upbeat forecast. The Dow added more than a third of a percent, while the S&P 500 and Nasdaq ended essentially flat. Shares of Taiwan Semiconductor Manufacturing, the world’s…
STORY: Wall Street’s main indexes ended lower on Tuesday, as investors exercised caution amid strife in the Middle East. The Dow dropped four-tenths of a percent, the S&P 500 shed nearly a percent and the Nasdaq lost one-and-a-half percent. Iran on Tuesday launched a salvo of ballistic missiles in retaliation for Israel’s campaign against Tehran’s…
STORY: Wall Street ended higher on Thursday with the S&P 500 scoring a record closing high, as chip stocks rallied and investors welcomed some encouraging economic data. The Dow added six-tenths of a percent, the S&P 500 climbed four-tenths and the Nasdaq notched another six-tenths of a percent. Weekly jobless claims fell more than expected,…