Category: Wall Street

Rewind, Review, and Re-Rate: ‘Wall Street’: A Would-be Corporate Raider’s Faustian Bargain

R | 2h 6m | Drama | December 11, 1987 With his suspenders, slicked-back hair, and power ties, Gordon Gekko (Michael Douglas) made greed look cool in 1987’s “Wall Street,” directed by Oliver Stone. Greed seems to be ramping up as of late, which is why “Wall Street” is worth a re-watch. Gordon Gekko (Michael Douglas), in Oliver…


Stocks End Higher on Wall Street as Earnings Roll In

Wall Street notched more gains Tuesday, as major stock indexes rallied for the third day and Treasury yields fell again. The S&P 500 rose 1.6 percent, with roughly 90 percent of stocks in the index notching gains. The benchmark index hadn’t been able to string together more than two gains in a row since mid-September. The…


US Stocks March Higher Ahead of Tech-Heavy Earnings Week

Stocks shook off a shaky start and closed higher Monday, extending their gains from last week, as investors geared up for a heavy week of earnings from big technology companies. The S&P 500 rose 1.2 percent, with technology, health care and financial stocks accounting for a big share of the gains. Only materials and real…


Stocks End Higher on Wall Street, Notching Weekly Gains

Wall Street capped a volatile run for stocks with a broad rally Friday, contributing to sizable weekly gains for major indexes. The S&P 500 rose 2.4 percent and notched its biggest weekly gain since June. The Dow Jones Industrial Average rose 2.5 percent and the Nasdaq composite ended 2.3 percent higher. More than 90 percent of the stocks…


Stocks Give Up an Early Gain and Close Lower on Wall Street

Stocks on Wall Street lost ground again Thursday, though the major indexes remained on pace for a weekly gain after a strong two-day rally earlier this week. The S&P 500 fell 0.8 percent. Nearly three-fourths of the stocks in the benchmark index closed in the red, with retailers, banks and industrial companies among the biggest…


Stocks Lose Ground as More Earnings Roll In; Yields Rise

A broad slide on Wall Street reversed two days of gains for stocks Wednesday, as Treasury yields climbed to multiyear highs, tempting traders with higher returns on relatively low-risk investments. The pullback came as investors reviewed a mix of quarterly reports from several companies. Netflix and United Airlines rose sharply after releasing their quarterly results,…


Stocks Climb on Wall Street as Investors Focus on Earnings

Stocks closed broadly higher again on Wall Street Tuesday, adding to weekly gains for major indexes that have been mired in a broad slump amid inflation and recession concerns. The S&P 500 rose 1.1 percent, with roughly 90 percent of the stocks in the benchmark index notching gains. The Dow Jones Industrial Average rose 1.1…


Stocks Rally on Wall Street in Latest Volatile Move

Wall Street kicked off a busy week of corporate earnings with a broad rally Monday, the latest about-face for a market that has been unsteadily lurching between gains and losses in recent weeks. The S&P 500 climbed 2.6 percent, more than recovering the ground it lost in a sell-off Friday. The Dow Jones Industrial Average…


Wall Street Opens Higher After Putin Says No Plans for Further Troop Mobilization

Wall Street opened higher on Friday after Russian President Vladimir Putin denied further plans for more troop mobilization in the Ukraine conflict. However, the market later tumbled after major banks reported a drop in earnings. Putin’s earlier announcement to partially mobilize 300,000 reservists sparked panic in global markets last month. Putin told reporters—following a summit…


Stocks Fall Broadly on Wall Street as Inflation Worries Grow

More worries about inflation helped spur a broad slide for stocks Friday that left most of the major indexes on Wall Street in the red for the week and wiped out much of the market’s gains from a strong rally a day earlier. A report showing U.S. consumers raised their expectations for future inflation hurt…