NEW YORK — U.S. stocks slumped Friday as worries flared again on Wall Street about tariffs and inflation. The Standard & Poor’s 500 fell 0.9% and erased what had been a modest gain for the week. It’s one of the worse drops for the index so far this year, but it remains near its record set two…
NEW YORK — Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher Thursday after a rush of profit reports from some of the country’s most influential companies. The Standard & Poor’s 500 rose 0.5%, as 4 in 5 stocks in the index climbed. The Dow Jones industrial average added 0.4%, and the Nasdaq composite gained…
Larry Fink says higher inflation could drive a steep sell-off in the bond market. BlackRock’s CEO thinks the 10-year Treasury yield could jump to 5.5%, the highest in about 25 years. He said that yields rising to that level could spark a sharp sell-off in the stock market. The BlackRock chief Larry Fink says Treasury…
NEW YORK — U.S. stocks drifted lower Monday ahead of a momentous week full of potential flashpoints in Washington, D.C., and around the world. The Standard & Poor’s 500 index slipped 0.3%, though it remains near its record set last month. The Dow Jones industrial average fell 0.6%, while the Nasdaq composite dropped 0.3%. Intel fell…
NEW YORK — The downside of high expectations thumped Wall Street on Thursday, and Microsoft and Meta Platforms dragged U.S. stock indexes lower despite delivering strong profits for the summer. The Standard & Poor’s 500 sank 1.9% for its worst day in eight weeks and fell further from its record set earlier this month. The Dow…