Archer Aviation Inc. (ACHR) closed the most recent trading day at $11.85, moving -10.84% from the previous trading session. The stock’s performance was behind the S&P 500’s daily gain of 0.14%. Meanwhile, the Dow lost 0.04%, and the Nasdaq, a tech-heavy index, added 0.38%. Coming into today, shares of the company had gained 32.37% in…
The drumbeat that President Trump will fire Fed Chair Jerome Powell got louder Wednesday, with reporting from CBS News, Bloomberg, CNBC, and The New York Times all adding to the sense that Trump is getting closer to making the unprecedented move. Stocks were lower following the news, but the biggest move in markets was coming…
It’s another mixed session on Wall Street after the Dow Jones Industrial Average (^DJI) managed to hold just 0.08% in positive territory, while the Nasdaq Composite (^IXIC) sinks by over 1.2%. This comes after stocks sank last Friday to cap off a week of losses. Market Domination Overtime’s Julie Hyman and Yahoo Finance markets and…
Starting the first trading session of December, the Nasdaq Composite (^IXIC) leads stocks in gains as it jumps higher than 0.5% after the opening bell; the index is up over 28% year-to-date. Morning Brief host Brad Smith and Yahoo Finance markets and data editor Jared Blikre observe this morning’s market action, while looking back on…
Donald Trump’s reelection resulted in serious gains across markets and particular sectors in Wednesday’s trading session. Investors saw the Trump Trade turn into a “Trump Everything Rally,” Powers Advisory Group Managing Partner Matt Powers tells Yahoo Finance, noting the spark seen in the financial (XLF) and utilities (XLU) sectors. Powers sits down with Brad Smith…
The New York Stock Exchange (ICE) on Friday announced plans to extend its weekday trading on its U.S. equities market to 22 hours a day. That would mean the NYSE Arca — the top electronic exchange in the United States — will allow trading from 1:30 a.m. to 11:30 p.m. Eastern Time Monday through Friday,…
Oil prices rose as much as 3% Wednesday before paring gains amid worries of supply disruptions stemming from the Middle East conflict. Prices fell from session highs by mid-day in the trading session after Russia signaled oil alliance OPEC+ would follow through with plans to add supply to the market in December. US government data…
Oil prices rose as much as 3% Wednesday before paring gains amid worries of supply disruptions stemming from the Middle East conflict. Prices fell from session highs by mid-day in the trading session after Russia signaled oil alliance OPEC+ would follow through with plans to add supply to the market in December. US government data…
Investors are digesting the latest commentary from Fed Chair Jerome Powell as the Fed weights its next interest rate cut. The autos industry is under pressure after Stellantis (STLA) slashed its guidance, citing increased competition from China. The move sent European carmaker stocks sinking in Monday’s trading session. Meanwhile, China stocks surged in their biggest…
The Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) secured another set of record highs on Tuesday despite consumer confidence unexpectedly falling in September. China stocks surged in Tuesday’s trading session after the country unveiled new stimulus measures aimed at recovering its weak economy. Yahoo Finance Markets Reporter Josh Schafer breaks down his biggest…