Wall Street Falls to Worst Day in Weeks on Rate Concerns as Jobs Report Looms

Wall Street Falls to Worst Day in Weeks on Rate Concerns as Jobs Report Looms

NEW YORK (AP) — U.S. stocks tumbled Thursday after a Federal Reserve official raised the possibility of delivering none of the cuts to interest rates this year that Wall Street has been banking on, if inflation worsens. The S&P 500 dropped 1.2% for its worst day in seven weeks. Earlier in the day, a gain … Read more

Stock market today: Wall Street slams into reverse and slides on worries about interest rates

Stock market today: Wall Street slams into reverse and slides on worries about interest rates

U.S. stocks slammed into reverse after a Federal Reserve official said it may deliver none of the cuts to interest rates this year that Wall Street has been banking on, unless inflation improves By STAN CHOE AP Business Writer April 4, 2024, 3:24 AM ET • 4 min read NEW YORK — U.S. stocks slammed … Read more

Stock market today: Wall Street rises in early trading with new US jobs data on the way | News

Stock market today: Wall Street rises in early trading with new US jobs data on the way | News

Wall Street pointed to a modestly higher open Thursday ahead of fresh data on the jobs market that could impact the Federal Reserve’s next decision on interest rates. Futures for the Dow Jones industrials rose 0.2% before the bell, while S&P 500 futures rose 0.3%. The U.S. releases its weekly jobs report Thursday and on … Read more

Stock market today: Wall Street holds steadier following its worst day in weeks | News

Stock market today: Wall Street holds steadier following its worst day in weeks | News

NEW YORK (AP) — U.S. stocks are mostly rising on Wednesday, as Wall Street steadies itself following its worst day in weeks. The S&P 500 was 0.2% higher in late trading and clawing back a bit of its loss from the prior day. The Dow Jones Industrial Average was down 23 points, or 0.1%, with … Read more

Stock market today: Wall Street edges higher following its worst day in weeks

Stock market today: Wall Street edges higher following its worst day in weeks

Stocks are edging higher following their worst day in weeks By STAN CHOE AP Business Writer April 3, 2024, 2:28 AM ET • 4 min read NEW YORK — U.S. stock indexes are edging higher Wednesday following their worst day in weeks. The S&P 500 was 0.4% higher in afternoon trading and clawing back some … Read more

Stock market today: Wall Street slips as bond yields jump on surprisingly strong manufacturing data | National News

Stock market today: Wall Street slips as bond yields jump on surprisingly strong manufacturing data | National News

NEW YORK (AP) — Most U.S. stocks slipped Monday after a surprisingly strong report on U.S. manufacturing cast doubts on how much interest rates can ease this year. The S&P 500 dipped 10.58 points, or 0.2%, from its all-time high to finish at 5,243.77. The Dow Jones Industrial Average dropped 240.52 points, or 0.6%, from … Read more

World markets today: US stocks rise slightly ahead of Easter break

World markets today: US stocks rise slightly ahead of Easter break

US stock indices rose slightly on Thursday in thin trading ahead of Easter break. At 10:03 a.m. ET, the Dow Jones Industrial Average was up 25.28 points, or 0.06 per cent, at 39,785.36, the S&P 500 was up 6.02 points, or 0.11 per cent, at 5,254.51, and the Nasdaq Composite was up 10.75 points, or … Read more

Stock market today: Asian shares meander after S&P 500 sets another record

Stock market today: Asian shares meander after S&P 500 sets another record

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