NEW YORK (AP) — Wall Street tumbled to its worst drop in months on Wednesday as its torrid rally that critics called overdone lost more momentum. The S&P 500 sank 1.4% for its sharpest tumble since April. It was the second straight loss for the index after it hit a 16-month high last week. The … Read more
NEW YORK (AP) — Stocks are falling Wednesday, as Wall Street loses some more momentum following its torrid run so far this year. The S&P 500 was 0.7% lower in early trading and on track for a second straight losing day after hitting a 16-month high. The Dow Jones Industrial Average was down 128 points, … Read more
Stocks are falling, as Wall Street loses some more momentum following its torrid run so far this year. The S&P 500 was 0.7% lower Wednesday, on track for a second straight losing day after hitting a 16-month high. The Dow was down 125 points, or 0.4%, and the Nasdaq composite was 1.1% lower shortly after … Read more
NEW YORK — Wall Street took a step back from its big rally so far this year, and most stocks fell Tuesday following a mixed set of earnings reports from U.S. companies. The S&P 500 lost 12.23, or 0.3%, to 4,576.73, coming off its fifth straight winning month. The Nasdaq composite sank 62.11, or 0.4%, … Read more
ATLANTA (AP) — A Georgia prosecutor is expected to seek a grand jury indictment in the coming weeks in her investigation into efforts by Donald Trump and his allies to overturn the former president’s 2020 election loss. Fulton County District Attorney Fani Willis began investigating more than two years ago, shortly after a recording was … Read more
NEW YORK (AP) — Wall Street’s rally got back on track Friday following more encouraging profit reports and the latest signal that inflation is loosening its chokehold on the economy. The S&P 500 rose 1% to its highest close in more than 15 months. The Dow Jones Industrial Average climbed 176 points, or 0.5% after … Read more
WASHINGTON — Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years and that wage growth cooled last quarter. Together, the figures provided the latest signs that the Federal Reserve’s drive to tame inflation may … Read more
NEW YORK (AP) — Stocks fell Thursday, taking some air out of Wall Street’s big recent rally, despite fatter-than-expected profit reports from big companies and the latest signals of a resilient economy. The S&P 500 sank 29.34, or 0.6%, to 4,537.41 after touching its highest level in nearly 16 months during the morning. The Dow … Read more
Global stock markets are mostly higher after Australia’s central bank kept its key lending rate unchanged and Wall Street hit a 15-month high By JOE McDONALD AP Business Writer July 4, 2023, 2:22 AM ET • 3 min read BEIJING — Global stock markets were mostly higher Tuesday after Australia’s central bank kept its key … Read more
Wall Street closed out its best week since March on a quiet note By DAMIAN J. TROISE AP Business Writer June 16, 2023, 2:24 AM ET • 4 min read NEW YORK — Wall Street closed out its best week since March with a quiet finish on Friday, and stocks drifted to modest losses. The … Read more