Tag: Wall Street

Tech Stocks Lead Wall Street Lower, Breaking Winning Streak

Wall Street capped a choppy week of trading Friday with a broad slide for stocks that left the major indexes in the red for the week. The S&P 500 closed 1.3 percent lower, breaking a four-week winning streak. Shares in more than 80 percent of the companies in the benchmark index fell, with technology stocks…


Stocks End Higher on Wall Street; Economic Worries Hit Oil

Stocks on Wall Street bounced back from an early slide and closed higher Monday, extending the market’s recent winning ways as investors look ahead to several updates from retailers this week. The S&P 500 rose 0.4 percent after having been down 0.5 percent in the early going. The benchmark index has risen for four straight weeks…


Wall Street Extends Winning Streak to 4th Week

Wall Street capped a choppy week of trading with a broad stock market rally Friday, as the S&P 500 notched its fourth consecutive weekly gain. The benchmark index closed 1.7 percent higher, for a 3.3 percent weekly gain. The S&P 500 hadn’t posted such a good stretch since November. The Dow Jones Industrial Average rose 1.3…


Wall Street Hits 3-Month High as Inflation Cools

NEW YORK—Stocks rallied to three-month highs on Wall Street Wednesday as investors welcomed a government report showing that inflation cooled more than expected last month. The encouraging inflation update sparked speculation that the Federal Reserve may not have to remain as aggressive about hiking interest rates as feared. The central bank has been raising rates…


Wall Street Falls as Jobs Data Suggests Fed Hikes Not Over

NEW YORK—Stock indexes closed mostly lower Friday after a roller-coaster day following a strong report on the U.S. jobs market that offered both good and bad news for Wall Street. The benchmark S&P 500 ended just 0.2 percent lower after recovering from an early slide as investors reacted to the report, which showed that U.S….


US Stocks End Mixed Amid Earnings, Economic Updates

Stocks gave back some of their recent gains Thursday as a choppy day of trading on Wall Street ended with a mixed finish for the major indexes. The S&P 500 closed 0.1 percent lower after wavering between small gains and losses. The Dow Jones Industrial Average fell 0.3 percent, while the Nasdaq rose 0.4 percent….


US Stocks Rise Following Solid Earnings Reports

Stocks on Wall Street closed broadly higher Wednesday as investors welcomed encouraging economic data and quarterly earnings reports from big companies including Starbucks. The S&P 500 rose 1.6 percent to an almost 2-month high, while the Nasdaq gained 2.6 percent. Both indexes more than recouped losses earlier in the week. The Dow Jones Industrial Average…


Stocks Slip on Wall Street After Another Meandering Day

NEW YORK—U.S. stocks dipped Tuesday following another day of meandering trading, as Wall Street debates whether the market’s strong recent run is the start of a turnaround or just a temporary blip. The S&P 500 fell 27.44, or 0.7 percent, to 4,091.19 after drifting between a loss of 0.9 percent and a gain of 0.5…


Stocks Slide to Start August After Best Month Since 2020

Stocks on Wall Street gave up early gains and closed slightly lower Monday as investors began another busy week of company earnings and economic reports. The S&P 500 gave up an early gain to end down 0.3 percent. The Dow Jones Industrial Average dipped 0.1 percent and the Nasdaq fell 0.2 percent. Smaller company stocks also…


Stocks Rally Again, Close Out Best Month Since November 2020

Stocks racked up more gains Friday as Wall Street closed out its best month since November 2020, a welcome breather for investors after a punishing year for the market. The S&P 500 index, a benchmark for many stock funds, rose 1.4 percent and finished 9.1 percent higher for July. A rebound in technology stocks, big retailers,…