NEW YORK (AP) — Wall Street set more records Thursday as U.S. stocks coasted to the close of their latest winning month and quarter. The S&P 500 added 5.86 points, or 0.1%, to its all-time high set a day before and closed at 5,254.35. That sent its gain for the year’s first three months to … Read more
BANGKOK (AP) — Asian shares were mixed on Thursday after U.S. stocks broke out of a three-day lull to close at a record. Oil prices advanced, while U.S. futures edged lower. The dollar remained strong against the Japanese yen and Chinese yuan, a trend that has unsettled regulators in both Tokyo and Beijing. The dollar … Read more
TOKYO (AP) — Asian shares were mixed in muted trading Tuesday, as buying in some markets was soon erased by profit-taking. Japan’s benchmark Nikkei 225, where computer chip-related issues had interested investors early, reversed course to slip nearly 0.2% in morning trading to 40,336.31. Australia’s S&P/ASX 200 fell 0.1% to 7,801.20. South Korea’s Kospi added … Read more
NEW YORK (AP) — U.S. stocks rallied to records Wednesday after the Federal Reserve indicated it’s likely to deliver the cuts to interest rates this year that Wall Street craves, despite some discouragingly high inflation reports. The S&P 500 jumped 46.11 points, or 0.9%, to 5,224.62 and set an all-time high for a second straight … Read more
NEW YORK (AP) — Stocks slipped away from their records following a mixed batch of economic reports. The S&P 500 fell 0.3% Thursday after giving up an earlier, modest gain. The Dow Jones Industrial Average lost 0.4%, and the Nasdaq composite fell 0.3%. Treasury yields rose following the latest in a string of data showing … Read more
NEW YORK (AP) — Stocks rallied to records after some influential Big Tech companies got back in their groove. The S&P 500 rose 1.1% Tuesday to top its all-time high set last week. The Dow Jones Industrial Average gained 0.6%, and the Nasdaq composite jumped 1.5%. All three indexes started the day with losses after … Read more
NEW YORK (AP) — Wall Street pulled back from its record Friday after a shaky day of trading, putting at least a temporary halt to its huge rally since Halloween. The S&P 500 fell 0.7% from its all-time high set a day before. It initially climbed after mixed data on the U.S. job market bolstered … Read more
TOKYO (AP) — Asian shares were mostly higher Friday, after U.S. stocks climbed to records, with easier interest rates beckoning on the horizon. Japan’s benchmark Nikkei 225 added 0.7% in morning trading to 39,874.68. Sydney’s S&P/ASX 200 jumped 0.9% to 7,829.60. South Korea’s Kospi surged 1.4% to 2,683.76. Hong Kong’s Hang Seng rose nearly 1.1% … Read more
WASHINGTON (AP) — Wholesale prices in the United States picked up in January, the latest sign that some inflation pressures in the economy remain elevated. The Labor Department reported Friday that its producer price index — which tracks inflation before it reaches consumers — rose 0.3% from December to January after having fallen -0.1% from … Read more
NEW YORK (AP) — U.S. stocks are falling Tuesday after worse-than-expected inflation data forced investors to question hopes that have sent Wall Street to record heights. The S&P 500 was 1.2% lower in afternoon trading as traders delayed their forecasts for when the Federal Reserve will deliver the cuts to interest rates they crave so … Read more