Stock Market Archives - Page 7 of 9

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 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

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: 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: Microsoft, Meta and the burden of expectations knock Wall Street sharply lower

NEW YORK (AP) — Microsoft and Meta Platforms are leading Wall Street lower following their latest profit reports. The S&P 500 fell 1.6% Thursday and was on track for its worst day in nearly eight weeks. The Dow Jones Industrial Average dropped 418 points, and the Nasdaq composite tumbled 2.4%. Both Microsoft and Meta delivered better profit than expected for the latest quarter, but investors were expecting even more from them. Other influential Big Tech stocks also fell and were among the market’s heaviest weights, including Amazon and Apple. Treasury yields ticked higher after data showed inflation is slowing pretty much as expected.… Continue Reading