NASDAQ Archives - Page 9 of 10

Stock market today: Wall Street drifts around its records following latest encouraging economic data

NEW YORK (AP) — U.S. stocks drifted around their record heights following the latest signals that the U.S. economy continues to hum. The S&P 500 finished Thursday virtually unchanged after flirting with its all-time high for much of the day. The Dow Jones Industrial Average added 161 points, or 0.4%, to its own record set the day before, while the Nasdaq composite was close to flat. Gains for chip stocks and Travelers following strong profit reports helped to offset losses for Alphabet and Elevance Health. Treasury yields rose in the bond market after reports showed U.S. shoppers spent more at retailers and fewer workers applied for unemployment.… Continue Reading

Stock market today: Wall Street rises as tech stocks and oil prices steady themselves

NEW YORK (AP) — U.S. stocks rose following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies. The S&P 500 climbed 0.5% Wednesday, a day after sliding from its all-time high because of tumbling energy and technology stocks. The Dow Jones Industrial Average added 0.8% to set its own record, and the Nasdaq composite rose 0.3%. Exxon Mobil and other energy producers stabilized a day after tumbling with the price of crude oil. Stocks in the chip industry also held up better a day after a market-shaking warning from Dutch supplier ASML. Treasury yields eased in the bond market.… Continue Reading

Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop

NEW YORK (AP) — U.S. stocks are edging back from their records as the price of crude oil tumbles again. The S&P 500 slipped 0.3% in midday trading Thursday, a day after setting an all-time high for the 46th time this year. The Dow Jones Industrial Average was down 77 points, and the Nasdaq composite fell 0.8%. Exxon Mobil and other energy stocks sank to some of the market’s worst losses as oil prices dropped again. Chip stocks fell after supplier ASML warned of a slower recovery outside of the AI boom. Treasury yields eased as trading for U.S. bonds resumed following a holiday.… Continue Reading

Stock market today: Wall Street edges back from its records

NEW YORK (AP) — U.S. stocks edged back from their record highs. The S&P 500 slipped 0.2% Thursday, and the Dow Jones Industrial Average fell 0.1% after likewise setting an all-time high the day before. The Nasdaq composite edged down by 0.1%. In the bond market, Treasury yields swung after a pair of disappointing reports showed inflation failed to improve as much as expected last month and more workers filed for unemployment benefits last week. They left investors questioning how much the Federal Reserve will cut interest rates by at its next meeting. Crude oil prices rose to regain their losses from early in the week.… Continue Reading

Stock market today: Wall Street sets more records after Shanghai’s worst drop since early COVID

NEW YORK (AP) — U.S. stocks rose to records after the latest wild swerves for Chinese stocks left few ripples in markets worldwide. The S&P 500 climbed 0.7% Wednesday to top the all-time high it set last week. The Dow Jones Industrial Average rallied 431 points to hit its own record, and the Nasdaq composite gained 0.6%. The relatively calm movements on Wall Street followed another manic day in China. Stocks in Shanghai tumbled to their worst loss since February 2020 amid disappointment that the government is not offering more stimulus for the world’s second-largest economy. Oil prices eased, and Treasury yields rose.… Continue Reading

Stock market today: Wall Street rebounds after Hong Kong stocks fall to worst day since 2008

NEW YORK (AP) — U.S. stocks rebounded after falling oil prices released some of the pressure that built up on the market. The S&P 500 rose 1% Tuesday and clawed back all of its loss from the day before. The Dow Jones Industrial Average added 0.3%, while the Nasdaq composite climbed 1.4% as Big Tech stocks led the way. Wall Street held firm even though stock markets around the world sank following scary swings in China, as euphoria about possible stimulus for the world’s second-largest economy gave way to disappointment. Stocks in Hong Kong tumbled to their worst day since 2008.… Continue Reading

Stock market today: Oil prices jump again on worries about the Middle East as Wall Street fades

NEW YORK (AP) — Crude prices jumped on worries about worsening tensions in the Middle East, while U.S. stocks pulled back further from their records. The S&P 500 edged down by 0.2% Thursday. The Dow Jones Industrial Average fell 0.4%, and the Nasdaq composite slipped by less than 0.1%. The price for a barrel of Brent crude leaped 5% and is potentially on track for its biggest weekly percentage gain in nearly two years. It rose after President Joe Biden suggested officials were discussing a possible strike by Israel against Iranian oil facilities, though no move looks imminent. Treasury yields rose following signals the U.S. economy remains solid.… Continue Reading

Wall Street retreats from records and oil prices jump after Iran’s missile attack on Israel

NEW YORK (AP) — U.S. stocks are retreating from their records as worries worsen about the escalating violence in the Middle East. The S&P 500 was down 1.2% in afternoon trading Tuesday, a day after setting an all-time high for the 43rd time this year. The Dow Jones Industrial Average was down 259 points, or 0.6%, after coming off its own record. The Nasdaq composite fell 2%. Oil prices jumped as Iran launched missiles at Israel, worsening tensions that investors worry could lead to disruptions in the flow of crude from the region. Treasury yields fell following an encouraging update on inflation in Europe.… Continue Reading

Stock market today: Wall Street sets more records to close a winning September and third quarter

NEW YORK (AP) — Wall Street closed its latest winning month and quarter with more records. The S&P 500 climbed 0.4% Monday to an all-time high. The Dow Jones Industrial Average added 17 points, or less than 0.1%, to its record set on Friday. The Nasdaq composite rose 0.4%. Wall Street has catapulted to records on hopes the slowing U.S. economy can keep growing while the Federal Reserve cuts interest rates to offer it more juice. A big test will arrive Friday, when the U.S. government offers its latest monthly update on the job market. In Asia, Japanese stocks tumbled, and Chinese stocks soared.… Continue Reading

Stock market today: Wall Street ticks to another record as stocks worldwide rally

NEW YORK (AP) — U.S. stocks rose to another record as financial markets around the world rallied again. The S&P 500 added 0.4% Thursday to set an all-time high for the third time this week. The Dow Jones Industrial Average gained 0.6%, and the Nasdaq composite rose 0.6%. Micron Technology led the way after the maker of computer memory and storage delivered stronger profit for the latest quarter than analysts expected. That helped offset drops for oil-and-gas companies, which sank as the price of crude tumbled. Stock markets overseas climbed on hopes for additional stimulus from China for the world’s second-largest economy.… Continue Reading