NEW YORK—A whipsaw week for Wall Street closed with drops for stocks Friday as worries worsened about the banking industry and fears rose that it could drag the economy into a recession. The S&P 500 sank 1.1 percent, cutting into its gain for the week. The Dow Jones Industrial Average lost 384 points, or 1.2…
Wall Street Falls on New Bank Fears, Bond Yields Plunge
NEW YORK—Markets shuddered Wednesday on worries about a spreading banking crisis and how badly it will hit the economy, and stocks and bond yields fell on both sides of the Atlantic. The S&P 500 sank as much as 2.1 percent before ending the day with a loss of 0.7 percent, while markets in Europe fell…
Wall Street Climbs as Some Beaten-Down Bank Stocks Recover
Stocks ended broadly higher on Wall Street Tuesday, as some of the most breathtaking moves from a manic Monday reversed course. The S&P 500 rose 1.7 percent after a report showed inflation is still high but heading lower. Stocks of smaller and mid-sized banks recovered some of their prior plunges caused by worries that customers…
Stocks Tumble as Wall Street Wonders What Will Break Next
NEW YORK—Fear rattled Wall Street, and stocks tumbled Friday on worries about what’s next to break under the weight of rising interest rates following the biggest U.S. bank failure in nearly 15 years. The S&P 500 dropped 1.4 percent to cap its worst week since September. That’s despite a highly anticipated report on Friday showing…
Wall Street Holds Steady Ahead of a Potentially Big Week
NEW YORK—Stocks were mixed in quiet trading Monday as Wall Street stays in a holding pattern ahead of a potentially big week. The S&P 500 rose 2.78 points, or 0.1 percent, to 4,048.42 after coming off its first winning week in the last four. The Dow Jones Industrial Average gained 40.47, or 0.1 percent, to…
Stocks Jump as Wall Street Cruises to Best Day Since January
NEW YORK—Stocks rallied Friday to send Wall Street to its best day in six weeks. The S&P 500 rose 1.6 percent to cap its first winning week in the last four as relaxing yields in the bond market took some pressure off Wall Street. It’s found some stability following a swift rise and fall to…
Stocks Slip as Stubborn Inflation Raises Rate Expectations
NEW YORK—Most stocks marched lower Wednesday as stubbornly sticky inflation has Wall Street bracing for interest rates to stay higher for longer. The S&P 500 fell 0.5 percent in its first trading after coming off a frigid February. The Dow Jones Industrial Average edged up by 5 points, or less than 0.1 percent, while the…
Wall Street Closes Out a Chilling February With Another Dip
NEW YORK—A frigid February for Wall Street closed out with more losses on Tuesday. The S&P 500 fell 0.3 percent to lock in a loss of 2.6 percent for the month. The Dow Jones Industrial Average fell 232 points, or 0.7 percent, while the Nasdaq composite slipped 0.1 percent. Both also sank over the month….
Stocks Steady Themselves After Wall Street’s Rout Last Week
NEW YORK—Stocks steadied themselves Monday following Wall Street’s worst week since early December. The S&P 500 rose 12.20 points, or 0.3 percent to 3,982.24 for just its second gain in the last seven days. The Dow Jones Industrial Average gained 72.17, or 0.2 percent, to 32,889.09, while the Nasdaq composite climbed 72.04, or 0.6 percent,…
Stocks Drop, Send Wall Street to Its Worst Week of the Year
NEW YORK—Another cold reminder that inflation remains hotter than hoped sent Wall Street skidding Friday, and stocks closed out their worst week since early December. The S&P 500 fell 1.1 percent to cap its third straight weekly loss. The Dow Jones Industrial Average dropped as many as 510 points before closing down 336 points, or…
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