NASDAQ Archives - Page 8 of 10

Stock market today: Wall Street cruises to more records as it closes its best week in a year

NEW YORK (AP) — U.S. stocks cruised to more records as they closed their best week in a year. The S&P 500 rose 0.4% Friday to cap its biggest weekly gain since early November 2023. It also briefly crossed above the 6,000 level for the first time. The Dow Jones Industrial Average climbed 0.6%, while the Nasdaq composite added 0.1%. The relatively quiet trading followed huge gains earlier in the week after Donald Trump won the presidential election and the Federal Reserve cut interest rates again to make things easier for the economy. Long-term Treasury yields eased in the bond market.… Continue Reading

Stock market today: Most of Wall Street rises after the Fed cuts interest rates

NEW YORK (AP) — Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% Thursday. The Dow Jones Industrial Average was virtually unchanged, and the Nasdaq composite gained 1.5%. The rate cut was widely expected. What’s less certain going forward is how much Donald Trump’s presidential victory may change things for the Fed. Chair Jerome Powell said it’s too early to know what it will mean for the Fed’s policies. Treasury yields remained lower following the Fed’s announcement. Bank stocks and smaller companies also lagged the market as other Trump trades lost momentum.… Continue Reading

Stock market today: Wall Street drifts ahead of Election Day and a manic week for markets

NEW YORK (AP) — U.S. stocks drifted ahead of a momentous week full of potential flashpoints, while oil prices climbed and Treasury yields dropped. The S&P 500 slipped 0.3% Monday, even though the majority of stocks within the index rose. The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite lost 0.3%. Beyond Election Day in the United States on Tuesday, the Federal Reserve will also be meeting on interest rates later this week. Investors also hope the Chinese government may announce stimulus for the world’s second-largest economy. Crude prices rose after oil-producing nations delayed planned increases to their production.… Continue Reading

Stock market today: Amazon leads Wall Street higher

NEW YORK (AP) — Amazon led U.S. stock indexes higher, while a surprisingly weak jobs report marred by some unusual occurrences cemented bets on Wall Street for another cut to interest rates next week. The S&P 500 rose 0.4% Friday and recovered some of its loss from the day before, which was its worst in eight weeks. The Dow Jones Industrial Average gained 0.7%, and the Nasdaq composite added 0.8%. Amazon rallied after delivering a stronger profit for the latest quarter than analysts expected. Treasury yields pushed higher after initially falling following the jobs report, which was distorted by some unusual occurrences.… Continue Reading

Stock market today: Nasdaq edges back from its record as chip companies and Eli Lilly slump

NEW YORK (AP) — U.S. stock indexes edged lower after drops for Eli Lilly and chip companies overshadowed a jump for Google’s parent company. The S&P 500 slipped 0.3% Wednesday. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite lost 0.6% from its record set the day before. Eli Lilly sank on concerns about two of its blockbuster drugs, while chip stocks struggled after Advanced Micro Devices gave a forecast for upcoming revenue that investors found disappointing. Treasury yields rose in the bond market following the latest reports on a U.S. economy that’s remaining more resilient than feared.… Continue Reading

Stock market today: Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles

NEW YORK (AP) — Rising technology stocks sent the Nasdaq composite to a record, but trading was mixed along the rest of Wall Street. The S&P 500 rose 0.2% Tuesday, even though the majority of stocks in the index fell. Gains for Microsoft, Meta Platforms and other influential Big Tech stocks helped mask weakness elsewhere, and they pushed the Nasdaq up 0.8% to top its record set in July. The Dow Jones Industrial Average, meanwhile, fell 0.4%. Homebuilders and Ford Motor dropped to some of the market’s sharpest losses following the latest profit reports. Treasury yields eased in the bond market.… Continue Reading

Stock market today: Wall Street finishes mixed after Tesla soars and IBM slumps

NEW YORK (AP) — Wall Street drifted to a mixed finish after Tesla surged and IBM slumped following their latest profit reports. The S&P 500 rose 0.2% Thursday to break its first three-day losing streak since early September. It bounced between losses and gains through the day and was nearly evenly split between stocks rising and falling. The Dow Jones Industrial Average fell 0.3%, while the Nasdaq composite rose 0.8%. Tesla jumped to the second-best day in its history after reporting a better profit than analysts expected. But IBM fell sharply after its revenue came in short of expectations. Treasury yields eased.… Continue Reading

Stock market today: Wall Street slumps to a rare 3-day losing streak

NEW YORK (AP) — U.S. stocks closed lower as more steam came out of Wall Street’s huge, record-breaking rally. The S&P 500 fell 0.9% Wednesday. It was the third loss in a row for the benchmark index, the first time that’s happened in six weeks. The Dow Jones Industrial Average dropped 1%. The Nasdaq composite sank 1.6% as Nvidia and other Big Tech stocks were among the market’s heaviest weights. Momentum has reversed for stocks since the S&P 500 set a record on Friday as pressure has increased from rising Treasury yields in the bond market. Yields rose again Wednesday.… Continue Reading

Stock market today: Wall Street barely budges as GM’s best day in years offsets GE Aerospace tumble

NEW YORK (AP) — U.S. stock indexes barely budged after a quiet day of mixed trading. The S&P 500 edged down by less than 0.1% Tuesday. The Dow Jones Industrial Average slipped 6 points, or less than 0.1%, and the Nasdaq composite rose 0.2%. The best day for General Motors stock since 2020 helped to offset a sharp drop for GE Aerospace, which was the heaviest weight on the S&P 500 after its revenue for the latest quarter fell short of forecasts. Stocks have slowed their record-breaking momentum this week under increasing pressure from rising Treasury yields in the bond market.… Continue Reading

Stock market today: Wall Street sets more records and closes a 6th straight winning week

NEW YORK (AP) — U.S. stocks rose to records to close out their latest winning week. The S&P 500 climbed 0.4% Friday to squeak past the all-time high it had set early this week. The Dow Jones Industrial Average added 0.1% to its own record set the day before, and the Nasdaq composite gained 0.6%. Netflix helped drive the market after the streaming giant reported stronger profit for the latest quarter than analysts expected. It marked a sixth straight winning week for the S&P 500, its longest such streak of the year. Treasury yields eased a bit in the bond market.… Continue Reading