NEW YORK—Stocks fell on Wall Street Tuesday after reports on the economy came in weaker than expected. The S&P 500 dropped 23.91 points, or 0.6 percent, to 4,100.60 to break a four-day winning streak. The Dow Jones Industrial Average fell 198.77, or 0.6 percent, to 33,402.38, and the Nasdaq composite sank 63.13, or 0.5 percent,…
Stocks End Mixed as Jump in Oil Prices Fans Inflation Fears
NEW YORK—Stock markets around the world were mixed Monday, as a jump in oil prices threatens to add upward pressure on inflation. The S&P 500 gained 15.20 points, or 0.4 percent, to 4,124.51, though more stocks in the index fell than rose. The Dow Jones Industrial Average climbed 327.00, or 1 percent, to 33,601.15, while…
Stocks Rally to Cap a Winning Month, Quarter for Wall Street
NEW YORK—Stocks rallied Friday to close out a winning March and first quarter of the year, feats that looked questionable just a couple weeks ago when Wall Street was tumbling in turmoil. The S&P 500 rose 1.4 percent to cap a 3.5 percent gain for the month. It also locked in a second winning quarter…
Stocks Rally on Wall Street as Bank Fears Ease Further
NEW YORK—Stocks rallied Wednesday as Wall Street shakes off more of the fear that dominated it earlier this month. The S&P 500 rose 1.4 percent for its fourth gain in the last five days. The Dow Jones Industrial Average climbed 323 points, or 1 percent, while the Nasdaq composite jumped 1.8 percent. They followed similar…
Stocks Mostly Hold Steady as Wall Street Regains Stability
NEW YORK—Stocks were mixed Tuesday as Wall Street regains some stability at the tail end of what’s been a turmoil-filled month. The S&P 500 dipped 6.26 points, or 0.2 percent, to 3,971.27, though the majority of stocks within the index rose. The Dow Jones Industrial Average slipped 37.83, or 0.1, percent, to 3,394.25, and the…
Most Stocks Tick Up, Including a Jump for Beaten-Down Banks
Stocks closed mostly higher on a steadying Wall Street as battered banks showed more strength, at least for now. Markets have been in turmoil following Silicon Valley Bank’s collapse, the second-largest U.S. bank failure in history, earlier this month, and then the third-largest failure, by New York-based Signature Bank. Investors have been hunting for which…
Commercial Real Estate Faces Perfect Storm: The Demise of Downtown Office Buildings
Commentary In the mid-1970s I was a struggling business and economics student. I paid for my tuition and personal expenses with physically demanding summer and part-time jobs and some student debt. I dreamed of one day working on Canada’s version of Wall Street, which was located in Toronto at the corner of King and Bay…
Wall Street Ends Higher, Marking 2nd Winning Week in a Row
A late-afternoon turnaround on Wall Street left stocks higher Friday as the market shook off a weak start amid worries about banks on both sides of the Atlantic. The S&P 500 rose 0.6 percent after slipping for most of the morning. The benchmark index marked its second straight weekly gain. The Dow Jones Industrial Average…
Stocks Rise for First 2-day Rally Since Banking Crisis Began
NEW YORK—Stocks rallied Tuesday, led by the banks most beaten down by the industry’s crisis, and some of Wall Street’s fear washed out on hopes the U.S. government will offer more help if needed. The S&P 500 jumped 1.3 percent to lock in its first back-to-back gain since Silicon Valley Bank’s rapid failure began two…
Stocks Rise on Wall Street After Bank Deal, Regulator Moves
NEW YORK—Stocks rose on Wall Street Monday after regulators pushed together two huge banks over the weekend and made other moves to build confidence in the struggling industry. The S&P 500 climbed 34.93 points, or 0.9 percent, to 3,951.57. The Dow Jones Industrial Average gained 382.60, or 1.2 percent, to 32,244.58, and the Nasdaq composite…
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