NASDAQ Archives - Page 7 of 10

Stock market today: Wall Street gains ground as it notches a winning week and another Dow record

NEW YORK (AP) — Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average. The S&P 500 rose 0.3% Friday. The Dow added 1%, and the Nasdaq composite tacked on 0.2%. Retailers had some of the biggest gains. Gap soared after reporting quarterly results that easily beat analysts’ estimates. EchoStar fell after DirecTV called off its purchase of that company’s Dish Network unit. European markets closed mostly higher and Asian markets ended mixed. Treasury yields held relatively steady in the bond market. Crude oil prices gained ground.… Continue Reading

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000

NEW YORK (AP) — U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher Thursday after flipping between modest gains and losses several times in the morning. The Dow Jones Industrial Average jumped 1.1%, and the Nasdaq composite edged up by less than 0.1%. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. Treasury yields inched higher in the bond market.… Continue Reading

Stock market today: Wall Street weakens as Target tumbles

NEW YORK (AP) — U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath the surface. The S&P 500 ended barely changed Wednesday after trading lower for much of the day. The Nasdaq composite slipped 0.1%, and the Dow Jones Industrial Average eked out a gain of 0.3%. Target led the market lower and lost more than a fifth of its value after the retailer gave a dour forecast for the holiday shopping season. The day’s headliner is due after the close of trading, when Nvidia will release its latest earnings report.… Continue Reading

Stock market today: Nvidia and Walmart drive US indexes higher

NEW YORK (AP) — Nvidia helped pull U.S. stock indexes higher after they stumbled in the morning on worries about escalations in the Russia-Ukraine war. The S&P 500 rose 0.4% Tuesday. The Nasdaq composite also erased an early loss to turn 1% higher, while the Dow Jones Industrial Average slipped 0.3%. Nvidia rallied ahead of its profit report for the latest quarter, which is coming on Wednesday. Strategists say it appears to be the most anticipated event left on the calendar this year for Wall Street. Walmart rose after topping profit forecasts, while Treasury yields eased.… Continue Reading

Stock market today: Wall Street holds steadier after losing most of its Trump bump

NEW YORK (AP) — Most U.S. stocks ticked higher to recover some of their sharp slide from last week. The S&P 500 rose 0.4% Monday for its first gain in three days. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite gained 0.6%. CVS Health rallied after adding four new directors to its board, including the CEO of a hedge fund that’s a major investor. Treasury yields eased in the bond market, which also helped calm the stock market. Several big companies are lining up to report their latest quarterly results this week. The headliner arrives on Wednesday with market heavyweight Nvidia.… Continue Reading

Stock market today: Wall Street tumbles as the “Trump bump” fades and vaccine makers sink

NEW YORK (AP) — U.S. stocks fell to their worst loss since Election Day as the boost that Wall Street got from last week’s victory for Donald Trump and a cut to interest rates by the Federal Reserve kept fading. The S&P 500 sank 1.3% Friday to close a losing week. The Dow Jones Industrial Average dropped 0.7%, and the Nasdaq composite fell 2.2%. Moderna and other makers of vaccines helped drag the market down after President-elect Donald Trump named Robert F. Kennedy Jr., an anti-vaccine activist, to be his health secretary. Treasury yields swung following stronger-than-expected reports on the economy.… Continue Reading

Stock market today: Wall Street weakens as its post-election boom slows some more

NEW YORK (AP) — U.S. stocks slipped as the market’s big burst following Donald Trump’s election continued to cool. The S&P 500 dipped 0.6% Thursday. The Dow Jones Industrial Average dropped 0.5%, and the Nasdaq composite sank 0.6%. Several areas of the market that had bounced highest following Trump’s election reversed their momentum and led the way lower. Tesla sank to just its second loss since Election Day, while smaller stocks fell harder than the rest of the market. Short-term Treasury yields swung following the latest economic reports before rising after Chair Jerome Powell said the Federal Reserve is not in a hurry to cut interest rates.… Continue Reading

Stock market today: Wall Street drifts to a mixed finish after an inflation update

NEW YORK (AP) — U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The S&P 500 ended little changed Wednesday. The Dow Jones Industrial Average edged up 0.1%, and the Nasdaq composite slipped 0.3%. Treasury yields were also mixed after a report said the inflation that U.S. consumers felt last month was exactly as economists expected. That strengthened expectations that the Federal Reserve will cut interest rates for a third time this year in about a month and sent short-term Treasury yields lower.… Continue Reading

Stock market today: Wall Street drifts as the Trump trade cools

NEW YORK (AP) — U.S. stocks are drifting as some momentum comes out of the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 slipped 0.2% Tuesday, coming off its latest record. The Dow Jones Industrial Average fell 139 points, and the Nasdaq composite was flat. Smaller U.S. stocks slipped in a turnaround from their rocket ride higher after Trump’s election raised expectations for economic growth and inflation. Even Tesla, which is run by Trump’s ally Elon Musk, is on track for its first drop since before Election Day. Yields rose as trading for U.S. government bonds resumed following Veterans Day.… Continue Reading

Stock market today: Wall Street rolls higher as bitcoin bursts above $87,000

NEW YORK (AP) — U.S. stocks are rising and adding to the gains made during their best week of the year. The S&P 500 added 0.2% in Monday morning trading, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 400 points, and the Nasdaq composite slipped 0.1%. Elon Musk’s Tesla was the strongest single force pushing the S&P 500 higher. Bank stocks and other popular Trump trades also led the market, helping to offset drops for Nvidia and AbbVie. Bitcoin’s price topped $86,000 for the first time.… Continue Reading