NEW YORK (AP) — Stocks rose Friday to send Wall Street to its first winning week since July after the head of the Federal Reserve said it will “proceed carefully” as it decides what to do with interest rates. The S&P 500 climbed 29.40, or 0.7%, to 4,405.71 after flipping between small gains and losses … Read more
JACKSON HOLE, Wyoming (AP) — The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain nature of the economic outlook. Powell noted that the economy has been growing faster than expected and that consumers have … Read more
NEW YORK (AP) — Wall Street slumped Thursday, despite a blowout profit report from Nvidia, following some mixed reports on the U.S. economy. The S&P 500 dropped 1.3% for its worst loss in three weeks. It nearly wiped out its gain for the week, which had been a bright spot in what’s been a rough … Read more
BEIJING (AP) — Asian stocks followed Wall Street higher on Tuesday as traders waited for signs of interest rate plans from this week’s Federal Reserve conference. Shanghai, Tokyo, Hong Kong and Seoul rose. Oil prices edged lower. Wall Street’s benchmark S&P 500 index rose Monday for its first gain in five days as tech stocks … Read more
DUBAI, United Arab Emirates (AP) — Two years after the Taliban takeover of Afghanistan, the United States has begun easing rules that could allow commercial airlines to fly over the country in routes that cut time and fuel consumption for East-West travel. But those shortened flight routes for India and Southeast Asia raise questions never … Read more
NEW YORK (AP) — Stock indexes ticked higher on Wall Street ahead of a week of reports showing how strong U.S. shoppers remain, amid hopes their spending can keep the economy out of a recession. The S&P 500 ended 0.6% higher Monday, even though more stocks fell than rose in the index. The Dow eked … Read more
A choppy day of trading on Wall Street ended Friday with an uneven finish for the major stock indexes, as mixed economic data stoked worries that the Federal Reserve’s work on bringing inflation to heel isn’t done. The S&P 500 slipped 0.1% after wavering between small gains and losses most of the day. The benchmark … Read more
Stock market today: Wall Street opens lower after pickup in … Idaho Press Source link
BEIJING (AP) — Asian stock markets declined Friday after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy. Shanghai, Hong Kong and Sydney declined. Japanese markets were closed for a holiday. Oil prices edged lower. Wall Street’s benchmark S&P 500 index gained less than 0.1% on Thursday after government data … Read more