NEW YORK—Stocks climbed Thursday after a see-saw day on Wall Street to break out of their longest losing streak since December. The S&P 500 rose 0.5 percent for its first gain in five days. The Dow Jones Industrial Average gained 108 points, or 0.3 percent, while the Nasdaq composite added 0.7 percent. Tech stocks helped…
Stocks Stall in Mixed Trading Day After Worst Drop in Months
NEW YORK—Stocks stalled in mixed trading on Wednesday, a day after falling to their worst loss since December, as Wall Street prepares for interest rates to stay higher for longer. The S&P 500 dipped 0.2 percent after drifting between small gains and losses through the day. The Dow Jones Industrial Average slipped 84 points, or…
Stock Futures Slide After Hot Inflation Report Sparks Worst Wall Street Drop in 4 Weeks
U.S. stock futures and world shares fell on Friday morning after Wall Street’s main indexes suffered their biggest decline in four weeks on Thursday sparked by a hot inflation report and hawkish comments by Federal Reserve officials and investment bank bets on bigger interest rate hikes. On Friday morning, shares slipped in Europe and Asia,…
Stocks Open Lower After Hot Inflation Report Sparks Worst Wall Street Drop in 4 Weeks
U.S. stocks opened lower on Friday after Wall Street’s main indexes suffered their biggest decline in four weeks on Thursday, sparked by a hot inflation report and hawkish comments by Federal Reserve officials and investment bank bets on bigger interest rate hikes. On Friday morning, shares slipped in Asia, Europe, and the United States, extending…
Another Disappointing Inflation Report Thumps Wall Street
NEW YORK—Wall Street tumbled Thursday, and stocks fell by the most in four weeks following more evidence that high inflation is staying stickier than expected. The S&P 500 dropped 1.4 percent after a report said inflation at the wholesale level slowed by less last month than economists forecast. It echoed a report on prices at…
Stocks Tick Higher as Hopes on Economy Joust Rate Fears
NEW YORK—Stocks ticked higher on Wall Street Wednesday as hopes for a resilient economy jousted with worries about inflation following a much stronger reading than expected on U.S. retail sales. The S&P 500 rose 0.3 percent after swinging from early losses to gains through the day. The Dow Jones Industrial Averaged edged up by 38…
Wall Street Ends Mixed After Swerving on Inflation Report
NEW YORK—Several sharp reversals for stocks left Wall Street mixed on Tuesday after a report showed inflation is continuing to slow, but perhaps not as quickly or as smoothly as hoped. The S&P 500 finished the day virtually where it started, edging down by less than 0.1 percent, after swerving between gains and losses. The…
Stocks Rally Ahead of Hotly Anticipated Inflation Report
NEW YORK—Wall Street rose Monday as traders made their final moves ahead of a report that could show whether inflation is cooling in the right way or setting the market up for worse pain. The S&P 500 climbed 1.1 percent in anticipation of Tuesday’s report on inflation at the consumer level across the country. The…
Wall Street’s Tough Week Eases at the End as Stocks Drift
NEW YORK—The toughest week for Wall Street in nearly two months came to a quiet end on Friday, as stock indexes drifted to a mixed finish. The S&P 500 rose 0.2 percent, but it still ended the week with a drop of 1.1 percent, which was its worst since December. The Dow Jones Industrial Average…
Wall Street Sinks as Early Rally Fizzles Amid Higher Yields
NEW YORK—Stocks dropped Thursday following another mixed set of profit reports from companies, as rising expectations for interest rates keep up the pressure on Wall Street. The S&P 500 fell 0.9 percent, while the Dow Jones Industrial Average lost 249 points, or 0.7 percent, and the Nasdaq composite sank 1 percent. All three indexes had…
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