Stocks rebound after jobs report, rate cut hopes rise
U.S. stocks are rallying and recovering much of their sharp losses from last week, when worries about how President Donald Trump’s tariffs may be punishing the economy sent a shudder through Wall Street. The S&P 500 jumped 1.1% in midday trading to claw back more than two thirds of Friday’s drop. The Dow Jones Industrial Average was up 426 […]
Stocks dip after record highs amid trade deal, Fed watch
NEW YORK (AP) — U.S. stock indexes are drifting on Monday after the United States agreed to tax cars and other products coming from the European Union at a 15% rate, lower than President Donald Trump had earlier threatened. Many details are still to be worked out, though, and Wall Street is heading into a […]
US stocks coast toward the finish of a record-setting week
NEW YORK (AP) — U.S. stocks are ticking toward more records on Friday and coasting toward the close of another winning week. The S&P 500 was 0.4% higher in afternoon trading, coming off its latest all-time high, and is on track to finish its fourth winning week in the last five. The Dow Jones Industrial Average was […]
Tesla tumbles and Alphabet rises to keep Wall Street near its records
NEW YORK (AP) — Wall Street is hanging near its records on Thursday, but the calm surface of the U.S. stock market is hiding some roiling moves underneath. Alphabet is rising, and Tesla is tumbling following a jumble of profit reports from big U.S. companies. The S&P 500 was 0.2% higher in morning trading after setting an all-time high the day […]
Stocks rise to record on U.S.–Japan trade deal news
NEW YORK (AP) — U.S. stocks are ticking toward another record on Wednesday following a trade deal between the world’s No. 1 and No. 4 economies, one that would lower proposed tariffs on Japanese imports coming to the United States. The S&P 500 was 0.5% higher, coming off its latest all-time high. The Dow Jones Industrial Average was up 431 points, […]
Wall Street Holds Near Records on Mixed Earnings
NEW YORK (AP) — Wall Street is hanging near its records on Tuesday following some mixed profit reports, as General Motors and other big U.S. companies give updates on how much President Donald Trump‘s tariffs are hurting or helping them. The S&P 500 was shaving 0.1% off its all-time high set the day before. The Dow Jones Industrial Average was up […]
Stocks rise ahead of earnings; Domino’s, Verizon pop
NEW YORK (AP) — U.S. stocks are rising toward more records on Monday ahead of a week full of profit updates from big U.S. companies, which Wall Street expects to keep growing despite pressure from President Donald Trump‘s tariffs. The S&P 500 was 0.6% higher in afternoon trading and above its all-time high set on Thursday. The […]
Wall Street hangs near records highs with most of the focus on earnings, dealmaking
NEW YORK (AP) — Wall Street is drifting on Friday toward the finish of its third winning week in the last four, as more big U.S. companies deliver stronger profits for the spring than analysts expected. The S&P 500 slipped 0.1% in afternoon trading after setting its all-time high the day before. The Dow Jones Industrial […]
Wall Street ticks toward a record as PepsiCo and tech stocks rally
EW YORK (AP) — Wall Street is ticking toward a record on Thursday following some better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. The S&P 500 was up 0.5% in afternoon trading and on track to top its all-time high set a week ago. The Dow Jones […]
Trump comments on Fed chair jolt stock market swings
NEW YORK (AP) — President Donald Trump sent the U.S. stock market on a jagged round trip Wednesday after saying he had “talked about the concept of firing” the head of the Federal Reserve. Such a move could help Wall Street get the lower interest rates it loves but would also risk a weakened Fed unable […]
US stocks drift after an encouraging report on inflation
NEW YORK (AP) — U.S. stock indexes are drifting around their record levels on Wednesday following a better-than-expected update on inflation across the country. The S&P 500 was virtually unchanged in early trading and just below its all-time high set last week. The Dow Jones Industrial Average was up 62 points, or 0.1%, as of 10 a.m. […]
Most US stocks fall, but Nvidia keeps Wall Street near records
NEW YORK (AP) — Most U.S. stocks are falling on Tuesday after an update on inflation hurt Wall Street‘s hopes for lower interest rates. But indexes are staying close to their records thanks to Nvidia, the market’s most influential stock. The S&P 500 was down 0.1% in midday trading and just a bit below its all-time high, […]