Category: stock

Stock Market Today: Wall Street Drifts After Jobs Report Comes in Warm but Hopefully Not Too Hot

NEW YORK—Wall Street drifted to a mixed finish Friday after data suggested the U.S. job market is still warm enough to keep the economy growing but maybe not so hot that it stokes inflation much higher. The S&P 500 lost 12.64 points, or 0.3 percent, to 4,398.95, though slightly more stocks within the index rose…


Stock Market Today: Wall Street Falls After Hot Jobs Data Raises Threat of High Rates

NEW YORK—Stocks fell Thursday after reports suggested the U.S. job market remains much more resilient than expected. The S&P 500 lost 35.23, or 0.8 percent, to 4,411.59. The Dow Jones Industrial Average dropped 366.38, or 1.1 percent, to 33,922.26, and the Nasdaq composite gave up 112.61, or 0.8 percent, to 13,679.04. While a sturdy labor…


Stock Market Today: Wall Street Drifts Lower as Markets Worldwide Pull Back

NEW YORK—Wall Street edged lower Wednesday following a rally that had sent it roaring 16 percent higher for the year so far. The S&P 500 fell 8.77 points, or 0.2 percent, to 4,446.82 to drift lower from its highest level since April 2022. The Dow Jones Industrial Average dropped 129.83, or 0.4 percent, to 34,288.64,…


Disney Dealt Another Major Blow Amid Backlash: ‘A Losing Trade’

Disney’s stock was downgraded by investment company  KeyBanc Capital Markets over fears of stalled growth due to lower attendance at its Disney World and Disneyland theme parks and lower streaming viewership. “While Disney appears less expensive versus its historical average, we believe the stock is unlikely to work until a number of items have line…


Stock Market Today: Wall Street Tacks a Bit More to Its Big Run for the First Half of the Year

NEW YORK—Stocks edged higher in a shortened trading day Monday as momentum slowed on Wall Street following its powerful rally through the first half of the year. The S&P 500 rose 5.21 points, or 0.1 percent, to 4,455.59 and reached its highest level since April 2022. The Dow Jones Industrial Average gained 10.87, or less…


Stock Market Today: Another Rally Sends Wall Street Nearly 16 Percent Higher for the First Half of the Year

NEW YORK—Wall Street blazed to another rally Friday to close a winning week, month and first half of the year after reports suggested pressure on inflation may be easing. The S&P 500 climbed 1.2 percent to reach its highest level since April 2022. The Dow Jones Industrial Average rose 285 points, or 0.8 percent, and…


Stock Market Today: Wall Street Drifts Through a Quiet Day to Finish Mixed

NEW YORK—Stocks were mixed on Wall Street Wednesday, as indexes drifted between small gains and losses through a quiet day of trading. The S&P 500 edged down by 1.55, or less than 0.1%, to 4,376.86. The Dow Jones Industrial Average slipped 74.08 points, or 0.2%, to 33,852.66, while the Nasdaq composite rose 36.08, or 0.3%,…


Stock Market Today: Wall Street Drifts to Start What Could Be a Quiet Week

NEW YORK—Stock indexes drifted lower Monday as Wall Street’s pullback from its big recent rally carried into a second week. The S&P 500 fell 19.51 points, or 0.4 percent, to 4,328.82. It’s still close to its highest level in a year, reached a couple weeks ago. Technology stocks were the heaviest weights on the market…


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,…


Stock Market Today: Bulls Run Again on Wall Street as S&P 500 Climbs 20% Above October Low

NEW YORK—Stocks rose just enough Thursday for Wall Street to barrel into a new bull market as the S&P 500 keeps rallying off its low from last autumn. The index rose 0.6 percent to carry it 20 percent above a bottom hit in October. That means Wall Street’s main measure of health has climbed out of…