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 sank Friday, pacing toward a second-straight weekly loss, as more downbeat news on the U.S. economy accelerated a move lower. Near 12:45 p.m. ET, the S&P 500 and Dow were off around 1.5%, while the Nasdaq fell 1.3%. Earlier in the session, the Nasdaq had moved into positive territory. The latest leg lower for … Read more
U.S. stocks tumbled Monday as unrest in China over the nation’s restrictive COVID controls weighed on global sentiment and Wall Street returned from a holiday weekend. The S&P 500 (^GSPC) sank 1.2%, while the Dow Jones Industrial Average (^DJI) fell nearly 400 points, or 1.1%. The technology-heavy Nasdaq Composite (^IXIC) was off by 1.1%. The moves come … Read more
Stocks rose on Wednesday afternoon following the release of the minutes from the Federal Reserve’s latest policy meeting, which signaled a likely slowdown in the central bank’s pace of rate hikes. Near 2:05 p.m. ET on Wednesday, the S&P 500 was up 0.6% and the Dow was up 0.3%, both session highs, with the Nasdaq was … Read more
U.S. stocks churned ahead Friday as investors neared the end of a turbulent trading week marked by mixed retail earnings and a chorus of hawkish Fedspeak. The S&P 500 (^GSPC) rose 0.4%, while the Dow Jones Industrial Average (^DJI) added 180 points, or 0.6%. The technology-heavy Nasdaq Composite (^IXIC) lagged, wavering around the flatline. Treasury … Read more
The S&P 500 was little changed on Monday after it posted its biggest weekly gain in almost five months on the back of easing inflation data. The stock market was divided to start the week. The broad-market index hovered around the flat line while the tech-heavy Nasdaq Composite slid 0.7%, and the Dow Jones Industrial … Read more
Stocks and bonds had an especially bullish reaction to new data out Thursday showing that inflation continues to moderate after reaching a 40-year high over the summer. The Dow (^DJI), Nasdaq (^IXIC), S&P 500 (^GSPC) and Russell 2000 (^RUT) each had their best day since the 2020 pandemic lows. The 5- and 10-year Treasury Notes (^FVX, ^TNX) saw … Read more
Stocks were lower on Wednesday — following recent market gains — as results of the midterm elections provided no clear answers about who would control Congress yet. Futures tied to the Dow Jones Industrial Average fell 224 points, or about 0.7%. The S&P 500 shed 0.6%, and the Nasdaq Composite slid 0.7%. Stocks are coming off three-straight … Read more
The Dow Jones Industrial Average rose Monday as a packed week kicked off, with congressional midterm elections and key inflation data on deck over the next few days. The Dow traded higher by 138 points, or 0.4%, while the S&P 500 gained 0.3%. The Nasdaq Composite climbed 0.1%. Shares of Apple fell more than 1% … Read more
Stocks rose on Friday as investors assessed more corporate earnings reports and the outlook for Federal Reserve rate hikes. The Dow Jones Industrial Average gained 343 points, or 1.1%. The S&P 500 rose 1%. The Nasdaq Composite was up by 0.5%. Treasury yields fell from their highs on Friday morning after a report from the Wall … Read more
