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

Strong earthquake rocks Taiwan, collapsing buildings and causing a tsunami

Strong earthquake rocks Taiwan, collapsing buildings and causing a tsunami

TAIPEI, Taiwan (AP) — A powerful earthquake rocked the entire island of Taiwan early Wednesday, collapsing buildings in a southern city and creating a tsunami that washed ashore on southern Japanese islands. A five-story building in lightly populated Hualien appeared heavily damaged, collapsing its first floor and leaving the rest leaning at a 45-degree angle. … Read more

Fire at an Istanbul nightclub kills at least 29 people

Fire at an Istanbul nightclub kills at least 29 people

ISTANBUL (AP) — A fire engulfed an Istanbul nightclub Tuesday during renovations, trapping workers and employees inside and killing at least 29 people, officials and reports said. Several people, including managers of the club, were detained for questioning. One person was being treated at a hospital with serious injuries, the Istanbul governor’s office said in … Read more