Technology Stocks Take a Hit as Microsoft’s Earnings Disappoint

Microsoft is laying off 10,000 employees

The corporate earnings season is in full swing, and investors are feeling the heat as concerns grow about the struggles of some of the largest U.S. companies amidst rising rates and recession fears. On Wednesday, the Dow Jones Industrial Average fell by 190 points, or 0.56%, the Nasdaq Composite dropped 1%, and the S&P 500 … Read more

Stocks Fall as Investors Struggle to Maintain Momentum During Earnings Season

Should you buy on the Stock Market Dip?

Stocks fell on Tuesday as investors struggled to maintain momentum during a busy stretch of corporate earnings. The Dow Jones Industrial Average fell by 166 points or 0.5%, the S&P 500 slipped by 0.6%, and the Nasdaq Composite dropped by 0.4%. The market moves on Tuesday came after a solid start to the week, with … Read more

Weekly jobless claims rise to 260,000 ahead of nonfarm payrolls report

US Jobless Claims Soar

Initial claims for unemployment insurance totaled 260,000 last week, near the highest level since November amid a shift in the U.S. labor market. The total for the week ended July 30 was in line with the Dow Jones estimate but a gain of 6,000 from the previous week’s downwardly revised level, the Labor Department reported … Read more

U.S. gains 428,000 jobs in April, and wages rise again — but labor force shrinks

We Are Hiring

The unemployment rate holds steady at 3.6% to remain near 54-year low The numbers: The U.S. added a solid 428,000 new jobs in April, but an acute labor shortage showed little improvement last month and threatens to add to the highest inflation in 40 years. Employment has risen by 400,000-plus for 12 straight months and the … Read more

Storied VC says investors are unlearning the lessons of the last bull market. Jeff Bezos says you should listen.

Jeff Bezos and Elon Musk Together

Critical information for the U.S. trading day Investors are trying to regroup following the worst month since the pandemic, and Friday’s session that ended with the Dow tanking nearly 1,000 points and the S&p 500 pushing back into correction territory. All eyes are on this week’s monumental Fed meeting, where a 50 basis-point rate hike … Read more

Why is the stock market falling? Dow dips over 500 points as investors weigh Fed’s policy path and earnings

Statue next to the New York Stock Exchange at Wall Street In New York City

Rising VIX signals more equity weakness ahead: strategist U.S. stocks fell sharply Friday, extending losses and investors weigh up hawkish comments on interest rates by Federal Reserve Chairman Jerome Powell while earnings reports disappointed. How are stocks trading? The Dow Jones Industrial Average DJIA, -1.51% was down 483 points, or 1.4%, at 34,309, after falling more than 500 … Read more

U.S. stocks trade mostly higher as bond yields fall back; Netflix plunges nearly 40%

Red Tesla Charger

U.S. stock indexes were trading mostly higher Wednesday morning, as investors tried to shake off disappointing results from Netflix Inc. and focused on more earnings reports and an update on economic conditions from the Federal Reserve due later in the session. How are stocks trading? The Dow Jones Industrial Average DJIA, +0.90% gained 260 points, or 0.8%, to … Read more

U.S. stocks rise amid hopes CPI data marks inflation peak

Socal Gas prices in Los Angeles in late March 2022

U.S. stocks rose Tuesday, after two days of falls, as investors focused on a report showing so-called core inflation slowing even as consumer prices rose by the fastest rate in 40 years. What’s happening The Dow Jones Industrial Average DJIA, +0.47% rose 188 points, or 0.5%, to 34,496. The S&P 500 SPX, +0.67% was up 31 points, or 0.7%, at 4,443. … Read more

Dow up 200 points, but stocks on track for weekly loss as investors digest Fed plans

Wall Street

U.S. stocks were mixed Friday, with major indexes on track for weekly losses as investors continued to digest the Federal Reserve’s plans to aggressively raise interest rates and shrink its balance sheet with key inflation data and corporate earnings reports looming next week. What’s happening The Dow Jones Industrial Average DJIA, +0.64% rose 203 points, or 0.6%, to … Read more