NEW YORK—Another drop for stocks on Friday has Wall Street on track to close out its first losing week in the last six. The S&P 500 was 0.7 percent lower in late trading, pulling back further from last week when it reached its highest level in more than a year. The Dow Jones Industrial Average…
Stock Market Today: Wall Street Falls to Close out Its First Losing Week in the Last 6
Stock Market Today: Wall Street Drifts as Central Banks Keep Cranking Interest Rates Higher
NEW YORK—Stocks drifted to a mixed finish on Wall Street Thursday as central banks around the world keep cranking interest rates higher in their fight against inflation. The S&P 500 rose 16.20, or 0.4 percent, to 4,381.89, even though the majority of stocks fell. A rebound for technology stocks helped to overshadow losses elsewhere in…
Stock Market Today: Drops for Tech Stocks Sap More Momentum From Wall Street’s Rally
NEW YORK—Drops for technology stocks left Wall Street mixed Wednesday and sapped more momentum from its five-week rally. The S&P 500 fell 23.02, or 0.5 percent, to 4,365.69. It was a third straight pullback for the index after it rallied last week to its highest level in more than a year. Weakness for high-growth stocks…
Stock Market Today: Wall Street Falls and Takes a Step Back After Its Big Rally
NEW YORK—Stocks pulled back Tuesday in their first trading after a five-week rally carried Wall Street to its highest level since the spring of last year. The S&P 500 fell 20.88 points, or 0.5 percent, to 4,388.71. The Dow Jones Industrial Average dropped 245.25, or 0.7 percent, to 34,053.87, and the Nasdaq composite lost 22.28,…
Stock Market Today: Wall Street Slips, and Its Best Week Since March Comes to a Quiet Close
NEW YORK—Wall Street closed out its best week since March with a quiet finish on Friday, and stocks drifted to modest losses. The S&P 500 fell 16.25 points, or 0.4 percent, to 4,409.59 after wobbling through the day. It still closed out a fifth straight winning week for its longest such streak since November 2021,…
Franchise Businesses, DEI, and Wall Street: FTC to the Rescue?
June 16, 2023
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Business & MarketsBusiness ColumnistsdeiFranchisesFTC - U.S. Federal Trade CommissionOpinionpersonal financeViewpointsWall Street
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Commentary The promise of franchise businesses is that any schmuck with the money to buy one, the grit to do it, and the extraordinary work ethic required to run a business can be successful—and even become wealthy beyond their wildest dreams. No highfalutin Ivy League college degree (let alone an MBA!) to succeed in business;…
Stock Market Today: Wall Street Jumps, and Its Winning Streak Kicks Into a Higher Gear
NEW YORK—Stocks swept higher Thursday, revving the longest rally for Wall Street in a year and a half into a higher gear. The S&P 500 rallied 1.2 percent to reach heights untouched since April 2022. The Dow Jones Industrial Average climbed 428 points, or 1.3 percent, while the Nasdaq composite rose 1.1 percent. Homebuilder Lennar…
Stock Market Today: Wall Street Swings to Mixed Close as Fed Hints of Rate Hikes to Come
NEW YORK—Wall Street swung to a mixed finish after the Federal Reserve hinted it may raise interest rates two more times this year, even as it held them steady Wednesday. The S&P 500 finished the day 0.1 percent higher after pinballing between gains and losses following the Fed’s announcement. The Dow Jones Industrial Average dropped…
US Stocks End Higher as Inflation Data Cements Bets on Rate Hike Pause
The S&P 500 and Nasdaq reached their highest closes in 14 months on Tuesday after data showed consumer prices rose modestly in May, boosting bets that the Federal Reserve will not raise interest rates on Wednesday. Nvidia jumped 3.9 percent, becoming the first chipmaker to end a trading session with a market capitalization above $1…
Stock Market Today: Wall Street Rises, and S&P 500 Hits Highest Level in More Than a Year
NEW YORK—Wall Street climbed Monday ahead of a big week for central banks around the world, vaulting the S&P 500 to its highest level in more than a year. The benchmark index rose 40.07 points, or 0.9 percent, to 4,338.93 and its highest close since April 2022. The Dow Jones Industrial Average gained 189.55, or…
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