Stocks drifted lower as Wall Street’s pullback from its recent rally carried into a second week. The S&P 500 fell 0.4 percent Monday. The index remains close to its highest level in a year. Tech stocks were the heaviest weights on the market and helped drag the Nasdaq to a loss of 1.2 percent. The…

Another drop for stocks helped drag Wall Street to its first losing week in the last six. The S&P 500 closed 0.8 percent lower Friday, pulling back further from last week when it reached its highest level in more than a year. The Dow and the Nasdaq composite also fell. Stock markets abroad also fell…

Stocks drifted to a mixed close on Wall Street after central banks around the world showed they’re not done cranking interest rates higher in their fight against inflation. The S&P 500 rose 0.4 percent Thursday. Most stocks in the index fell, but gains from some big technology stocks countered losses elsewhere. The Nasdaq rose 1…

Tech stocks fell Wednesday, keeping Wall Street mixed and sapping more momentum from its five-week rally. The S&P 500 closed 0.5 percent lower Wednesday, its third straight pullback after rallying last week to its highest level in more than a year. The Nasdaq composite fell 1.2 percent, more than the rest of the market. The…

Stocks closed lower in Wall Street’s first trading after a five-week rally carried it to its highest level since the spring of last year. The S&P 500, the Dow Jones Industrial Average and the Nasdaq composite fell. The U.S. stock market took a step back after rising on hopes the economy can avoid a recession…

Wall Street closed out its best week since March on a quiet note. The S&P 500 fell 0.4 percent Friday after wobbling up and down through the day. The benchmark index still marked its fifth straight winning week, its longest such streak since November 2021. It’s also near its highest level since April 2022. The…

Wall Street staged a broad-based rally, with the S&P 500 notching the biggest gain yet in its recent winning streak. The benchmark index rose 1.2 percent Thursday. The Dow was up 428 points, and the Nasdaq gained 1.1 percent. Treasury yields fell after mixed reports on retail sales, manufacturing and unemployment claims raised hopes the…

Stocks swung to a mixed close on Wall Street after the Federal Reserve hinted it may raise interest rates two more times this year. The S&P 500 ended less than 0.1 percent higher Wednesday after pinballing from a modest gain before the Fed’s announcement to a modest loss just after. The Dow fell 232 points,…

Stocks climbed after a cooler reading on inflation bolstered Wall Street’s expectations that the Federal Reserve will hold off on another interest rate hike this week. The S&P 500 rose 0.7 percent Tuesday, touching heights unseen since April 2022. The Dow Jones Industrial Average gained 145 points, while the Nasdaq composite rose 0.8 percent. Stocks…

Wall Street closed higher ahead of a big week for central banks, carrying the S&P 500 to its highest level in more than a year. The benchmark index rose 0.9 percent Monday. The Dow added 189 points, while the Nasdaq rose 1.5 percent. Stocks have been cruising on hopes the economy may avoid a recession…