Published: March 5, 2024 at 10:02 a.m. ET Story developing. Stay tuned for updates here. The numbers: U.S. factory orders fell 3.6% in January large due to fewer contracts for Boeing passenger planes, but there was not much sign of a broad revival among manufacturers. Economists surveyed by the Wall Street Journal had forecast a … Read more
No cut, no problem—at least not for the stock market. It should have been a bad week for an overextended market, one that had risen for 14 of the previous 15 weeks. A pair of stronger-than-expected January inflation prints forced investors to wake up to the realization that the Federal Reserve won’t be cutting interest … Read more
Stock-market investors may take their cues from a series of important events in the week ahead, including the Federal Reserve’s monetary-policy meeting, a closely-watched December employment report and an onslaught of earnings from megacap technology names, which all promise insight into the state of the economy and interest-rate outlook. The benchmark S&P 500 index SPX … Read more
Updated Dec 15, 2023, 04:15pm EST Topline Major stock indexes on Friday registered another week in the green, setting another milestone for this fall’s historic rally spurred by an expectation of loosening financial conditions, though some experts warn the rally could be built on a faulty foundation. December has left long investors merry. AFP via … Read more
Updated Nov 3, 2023, 05:00pm EDT Topline Shaking off a three-month-long selloff, stocks notched their best weekly gains of 2023, tacking on more than $1 trillion in collective market value as a flurry of major economic and earnings news supported sentiments tilting back toward a growth-friendly approach. best week in a year. NurPhoto via Getty … Read more
This year has posed an unusual array of challenges for investors, and more could be in store. The major stock market indexes are still up in 2023, powered by a narrow slice of technology stocks, but have been losing ground rapidly. Bond yields have risen sharply, topping 5% on some government debt. The economic outlook … Read more
Topline Friday is the last trading session of the summer, concluding a rather cool stretch for the stock market after an unseasonably warm start to the year. Hot stock summer? Getty Images Key Facts From June 21 through Friday’s close, the Dow Jones Industrial Average was flat, the S&P 500 declined 1% and the tech-heavy … Read more
So far, September is living up to its reputation as the worst month for the stock market. But the worst of the pain might have already passed. The ninth month of the year is historically the worst for stocks. According to Dow Jones Market Data, the S&P 500 has averaged a 1.1% decline in September … Read more
Topline Stocks fell Tuesday as investors once again sold on warnings about banks’ health and concerns about China’s economic recovery. Tuesday was a bleak day for bulls. Getty Images Key Facts The Dow Jones Industrial Average dropped 361 points, or 1%, while the S&P 500 and tech-heavy Nasdaq lost 1.2% and 1.1%, respectively. Earlier Tuesday, … Read more