US inflation worsened last month as the cost of gas, food and airfares jumped
WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes and used cars. Consumer prices increased 2.9% in August from a year earlier, the Labor Department said Tuesday, up from 2.7% the previous month and the biggest increase since January. Exclud[...]
Klarna IPO surges 30% in NYSE debut, raises $1.37 billion
Klarna’s IPO raised $1.37B as shares jumped 30% in their NYSE debut, marking the year’s biggest listing and boosting co-founders to billionaire status.
Stocks hang near their records as hopes for rate cuts underpin markets
U.S. stocks hovered near record highs Tuesday as expectations grew that the Federal Reserve will cut interest rates at its upcoming meeting.
Stocks tick higher after Wall Street flirts with another record
NEW YORK (AP) — Stocks drifted higher on Monday ahead of a week with several data reports that could dictate by how much or even whether the Federal Reserve will cut interest rates at its next meeting in a week. The S&P 500 added 0.2% and finished just below its record set last week. The Dow Jones Industrial Average [...]
Stocks wobble as Wall Street questions whether the US job market has slowed by enough or too much
Stocks slipped Friday with the S&P 500 down 0.5% as weak jobs data raised questions on Fed rate cuts and fears of a possible downturn.
Wall Street ticks higher with hopes for coming cuts to interest rates
Stocks edged higher Thursday as bond yields fell on weak labor market data. The S&P 500 rose 0.4% while investors await Friday’s jobs report.
Wall Street steadies itself as Alphabet pulls tech stocks higher
Alphabet jumps 7% after antitrust ruling, helping lift Wall Street. Tech gains steady the market as bond yields ease and Macy’s surges.
Wall Street sinks as US stocks fall toward their worst day in a month
U.S. stocks fell Friday, with the S&P 500 down 0.7% after record highs. August still marks its fourth straight month of gains.
Stocks slip on Wall Street after record highs
U.S. stocks fell Friday, with the S&P 500 down 0.7% after record highs. August still marks its fourth straight month of gains.
Wall Street edges higher and pushes S&P 500 to another record
Modest gains on Wall Street lifted the stock market to an all-time high Wednesday ahead of a highly anticipated earnings update from computer chip giant Nvidia. The S&P 500 rose 0.2%, good enough to nudge the benchmark index past the record high it set two weeks ago. The Dow Jones Industrial Average rose 0.3% and the [&hell[...]
Wall Street holds steady just below recent records
U.S. stocks held near breakeven Tuesday with the S&P 500 up 0.1% as Boeing rose 2% on a $50B Korean Air order for over 100 aircraft.
Stocks slip on Wall Street after last week’s rally
U.S. stocks edged lower Monday as the S&P 500 slipped 0.2% and Dow fell 192 points, while Keurig Dr Pepper dropped on its $18B Peet’s deal.