Wall Street rallied to its best day since late July as falling bond yields eased some of the pressure that’s battered markets. The S&P 500 rose 2.6 percent Monday, the latest swing for a scattershot market that’s been mostly falling this year on worries about a possible global recession. Treasury yields fell after a report…
How Major US Stock Indexes Fared Monday (Oct. 3, 2022)
How Major US Stock Indexes Fared Friday Sept. 30, 2022
Wall Street closed out a miserable September with a loss of 9.3 percent, the worst monthly decline since March 2020. The S&P 500 fell 1.5 percent Friday to its lowest level in almost two years. The benchmark index has lost ground for six of the last seven weeks and posted its third straight losing quarter….
How Major US Stock Indexes Fared Thursday Sept. 29, 2022
Stocks are back to falling on Wall Street as worries about a possible recession and rising bond yields put the squeeze back on markets. The S&P 500 fell 2.1 percent Thursday, reaching its lowest level since late 2020. The washout erased the index’s gains in a big rally the day before. The Dow Jones Industrial…
How Major US Stock Indexes Fared Wednesday Sept. 28, 2022
Stocks on Wall Street soared to their first gain in more than a week as some calm returns to financial markets around the world. The S&P 500 jumped 2 percent Wednesday for its best day in seven weeks. That snapped Wall Street’s longest losing streak since the coronavirus crash in February 2020. Bond markets globally…
How Major US Stock Indexes Fared Tuesday Sept. 27, 2022
Stocks ended a wobbly day with mixed results on Wall Street as markets continue to be unstable amid worries about a possible recession. The volatile trading came a day after the Dow Jones Industrial Average followed other major U.S. indexes into a bear market. The S&P 500 slipped 0.2 percent, the Dow fell a bit…
Hammerhead Plans Rare US Listing of Canadian Gas Producer in Over $1 Billion SPAC Deal
Hammerhead Resources Inc. plans to list on the Nasdaq by merging with blank check company Decarbonization Plus Acquisition Corporation IV in a C$1.39 billion ($1.02 billion) deal, a rare U.S.-listing for a Canadian oil and gas producer. The listing for Hammerhead, focused on the Montney shale formation in Alberta, would be a litmus test for…
How Major US Stock Indexes Fared Monday Sept. 26, 2022
Stocks fell on Wall Street and put major indexes deeper into a slump as recession fears grow. The S&P 500 fell 1 percent Monday. The Dow Jones Industrial Average and the Nasdaq also fell. The losses were broad and included banks, health care companies and retailers. The British pound slumped to an all-time low against…
How Major US Stock Indexes Fared Friday Sept. 23, 2022
Markets sold off around the world on mounting signs the global economy is weakening just as central banks raise the pressure even more with additional hikes to interest rates. The Dow Jones Industrial Average closed at its lowest point of the year Friday. The S&P 500 fell 1.7 percent, close to its 2022 low. Energy…
How major US stock indexes fared Thursday Sept. 22, 2022
Stocks closed lower on Wall Street, deepening their losses for the week, as central banks around the world raised interest rates to fight inflation. The S&P 500 fell 0.8 percent Thursday. The Dow Jones Industrial Average fell about half as much, and the Nasdaq composite lost 1.4 percent. Central banks in Europe and Asia increased…
How Major US Stock Indexes Fared Wednesday Sept. 21, 2022
Wall Street closed sharply lower after the Federal Reserve stepped up its fight against inflation by raising interest rates. The S&P 500 lost 1.7 percent Wednesday, as did the Dow Jones Industrial Average. The Fed’s fifth rate hike of the year came in as expected, three-quarters of a percentage point, but the central bank also…
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