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Wall Street rallies and the Dow soars 700 points on hopes for lower interest rates
NEW YORK (AP) — Wall Street is rallying on Friday after the head of the Federal Reserve indicated the cuts to interest rates that investors and President Donald Trump have been craving so much may be coming soon, though he gave no clear clue about when. The S&P 500 jumped 1.4% and erased all of its […]
Walmart helps pull Wall Street to its 5th straight loss
Wall Street fell to a fifth straight loss on Thursday, hurt by a drop for Walmart and dampened hopes for coming cuts to interest rates. The S&P 500 slipped 0.4%. All its losses have been relatively modest, but it has not risen since setting an all-time high last Thursday. The Dow Jones Industrial Average dropped 152 points, or 0.3%, […]
Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
WASHINGTON (AP) — Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was “solid.” His assessment was important because if the job market is healthy, there is less need for the Fed to […]
Wall Street holds near its record heights
Stocks hovered near record highs Monday as investors awaited Fed Chair Jerome Powell’s speech and key earnings from Walmart, Target and Home Depot.
Wall Street drifts around its records following a worldwide rally
U.S. stocks hover near records as Fed rate cut hopes grow; S&P 500, Dow, and Nasdaq rise, global markets rally, and bond yields fall.
US stocks drift around their record heights as Wall Street braces for an update on inflation
U.S. stocks edge lower as investors await July inflation data, with fears Trump’s tariffs could spark stagflation and sway Fed rate cuts.
Wall Street clocks another winning week
U.S. stocks closed higher Friday, capping a choppy week of trading with the market’s third winning week in the last four and another milestone. The S&P 500 rose 0.8%, finishing just shy of the record it set last week. The benchmark index also wiped out its losses from a slide last week. The Dow Jones […]
A rally for Apple leads Wall Street higher
Wall Street rose Wednesday with Apple jumping 6% ahead of a White House event. Strong earnings from McDonald's and Shopify helped lift stocks.
Wall Street holds steadier following a whipsaw couple of days
NEW YORK (AP) — U.S. stock indexes are slipping Tuesday following the latest discouraging signal on the U.S. economy. The S&P 500 was down 0.4% in afternoon trading, coming off its best day since May, which followed its worst day since May. The Dow Jones Industrial Average was down 49 points, or 0.1%, as of 12:16 […]
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 […]
