Sign In
Free Newsletter
Wall Street rallies to more records as gold’s price slumps again
U.S. stocks surged to record highs as investors awaited a Trump-Xi meeting and the Federal Reserve’s next interest rate decision.
Average long-term US mortgage rate drops to 6.19%, lowest level in more than a year
The average 30-year mortgage rate dropped to 6.19%, its lowest since October 2024, as inflation and Fed policy ease pressure.
US inflation stays elevated but prices rose less than feared last month
U.S. inflation hit 3% in September, led by higher gas and beef prices, as tariffs and rent costs shaped a mixed economic outlook.
Gold plunges $250 after hitting record high
Gold prices tumbled more than $250 Tuesday after hitting a record $4,374 per ounce, marking the biggest drop since 2011.
Dow hits record as 3M, Coca-Cola, other stocks climb
U.S. stocks rose Tuesday, led by strong earnings from GM, RTX and Coca-Cola, as investors awaited inflation data and Fed rate guidance.
![[box type="shadow" align="alignright" width="300px"]](https://virginiabusiness.com/files/1/2025/10/AP25286531666230-200x133.jpg)
Wall Street rallies and gets near its all-time high
U.S. stocks climbed Monday with the S&P 500 nearing record highs, led by Apple and Cleveland-Cliffs, as investors awaited key earnings reports.
US stocks drop on worries about banks
U.S. stocks fell Thursday as bank worries deepened. The S&P 500 lost 0.6%, led by drops in Zions and Western Alliance.
US mortgage rates dip to near yearly low at 6.27%
The average 30-year US mortgage rate fell to 6.27%, nearing its lowest level of the year as borrowing costs continue to ease.
Wall Street gains amid tech, bank earnings & trade tensions
Stocks rise as banks and tech report strong earnings; trade tensions with China and Fed policy keep markets volatile.
Powell signals more Fed rate cuts amid hiring slowdown
Fed Chair Jerome Powell said slowing hiring raises risks for the U.S. economy, signaling two more rate cuts are likely this year.
Wall Street rebounds as investors shrug off trade tensions
U.S. stocks rebounded Tuesday as investors brushed off rising trade tensions between the U.S. and China after early losses.
Wall Street drops to worst day since April after Trump tariff threats
NEW YORK (AP) — A monthslong calm on Wall Street shattered Friday, and U.S. stocks tumbled after President Donald Trump threatened to crank tariffs much higher on China. The S&P 500 sank 2.7% in its worst day since April. The Dow Jones Industrial Average dropped 878 points, or 1.9%, and the Nasdaq composite fell 3.6%. Stocks […]
