Wall Street Archives - Page 11 of 11

Stock market today: Wall Street slides after Treasury yields climb back above 4% and oil rises

NEW YORK (AP) — U.S. stocks slid after Treasury yields hit their highest levels since the summer and oil prices continued to climb. The S&P 500 fell 1% Monday, though it’s still close to its all-time high set a week ago. The Dow Jones Industrial Average dropped 0.9% from its record set on Friday. The Nasdaq composite lost 1.2%. Stocks felt pressure from jumping Treasury yields, as traders ratchet back forecasts for how deeply the Federal Reserve will cut its main interest rates following Friday’s blowout jobs report. Crude oil prices added to their big gains from the prior week.… Continue Reading

Stock market today: Wall Street edges higher as financial markets steady themselves

NEW YORK (AP) — U.S. stocks are drifting near their record levels. The S&P 500 was basically flat in midday trading Wednesday, a day after sliding from its record on worries about a possible widening of the fighting in the Middle East. The Dow Jones Industrial Average was up 21 points, and the Nasdaq composite was 0.2% higher. Oil prices rose again as the world waits to see how Israel will respond to Tuesday’s missile attack from Iran, but they pared their gains as the morning progressed. Treasury yields rose after an encouraging update on hiring by private U.S. employers.… 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

Stock market today: Wall Street drifts to more records after Chinese stocks soar

NEW YORK (AP) — U.S. stocks are hanging near their records after Chinese stocks soared following a slew of moves by the Chinese central bank to prop up the world’s second-largest economy. The S&P 500 rose 0.2% in midday trading Tuesday, a day after setting a record for the 40th time this year. The Dow Jones Industrial Average rose 46 points and was likewise coming off a record. The Nasdaq composite gained 0.6%. Treasury yields erased earlier gains following a weaker-than-expected data on U.S. consumer confidence. Prices for commodities rallied following China’s moves to support its flagging economy.… Continue Reading

Stock market today: Wall Street drifts higher to set more records

NEW YORK (AP) — U.S. stock indexes reached new heights after drifting higher in a quiet day of trading. The S&P 500 rose 0.3% Monday to edge past its record set on Thursday. The Dow Jones Industrial Average added 0.1% to its own all-time high set on Friday, and the Nasdaq composite gained 0.1%. Tesla helped drive the market and eliminated the last of its formerly sharp loss for the year so far. Treasury yields held relatively steady after a report suggested U.S. services businesses are continuing to grow, though manufacturing is continuing to shrink. Stock markets in Europe and Asia were mostly steady amid similarly modest movements.… Continue Reading

Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps

NEW YORK (AP) — U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note. The S&P 500 edged down by 0.2% from its record on Friday, and the Nasdaq composite fell 0.4%. The Dow Jones Industrial Average, meanwhile, added 38 points, or 0.1%, to its all-time high set on Thursday. FedEx dragged on the market after its profit and revenue for the latest quarter fell short of analysts’ expectations. Nike helped limit the market’s losses and jumped after naming a new chief executive officer. Treasury yields ticked higher.… Continue Reading

Stock market today: Wall Street stays stuck in place as it counts down to a rate cut

NEW YORK (AP) — U.S. stock indexes remained stuck in place as Wall Street made few big moves ahead of what’s expected to be the first cut to interest rates in more than four years. The S&P 500 edged up by less than 0.1% Tuesday. It remains 0.6% below its all-time closing high set in July, and it briefly rose above that mark during the morning. The Dow Jones Industrial Average slipped less than 0.1% from its own record set the day before, while the Nasdaq composite edged up by 0.2%. Treasury yields rose ahead of Wednesday’s announcement by the Federal Reserve on where it’s taking interest rates.… Continue Reading

Stock market today: Dow sets a record as Wall Street gears up for a cut to interest rates

NEW YORK (AP) — The Dow Jones Industrial Average set a record, as Wall Street geared up for the most anticipated meeting of the Federal Reserve in years. The Dow rose 228 points, or 0.6%, on Monday to surpass its prior all-time high set a few weeks ago. The S&P 500 index, which is much more comprehensive and widely followed on Wall Street, ticked up by 0.1% to climb within 0.6% of its own record set in July. The Nasdaq composite slipped 0.5% as Apple and Nvidia gave back some of their big gains. Treasury yields eased ahead of Wednesday’s expected cut to interest rates by the Fed.… Continue Reading