Tag: stock

Target Gets Bad News Amid Push for ‘Pride’ Products

Target’s stock has dropped more than 10 percentage points since the company drew controversy for unveiling its latest line of LGBT products. Since the backlash hit Target, the Minneapolis-based retailer’s stock has dropped some 12 percent, according to data published by the Dow Jones Market Data Group.  That amounts to a loss of more than $9…


How Major US Stock Indexes Fared May 26

Stocks rose on Wall Street, led by more gains in technology stocks as another chipmaker reported strong demand related to artificial intelligence. The S&P 500 rose 1.3 percent Friday, and the Nasdaq rose 2.2 percent. The Dow added 1 percent. Marvell Technology jumped 33 percent after saying it expects AI revenue to at least double…


Stock Market Today: AI Frenzy Pulls Wall Street Higher Despite DC Debt Woes

NEW YORK—Wall Street’s building frenzy around artificial intelligence helped yank the stock market higher Thursday, even as worries worsen about political rancor in Washington. The S&P 500 rallied 0.9 percent after chipmaker Nvidia gave a monster forecast for upcoming sales as it benefits from the tech world’s rush into AI. It helped the Nasdaq composite…


How Major US Stock Indexes Fared May 25

Wall Street’s building mania around artificial intelligence helped lift the market, even as worries worsen about political rancor in Washington. The S&P 500 rose 0.9 percent Thursday after chipmaker Nvidia gave a monster forecast for upcoming sales as it benefits from the rush into AI. Because of its immense size, Nvidia is one of the…


Stock Market Today: Wall Street Sinks as Stocks Tumble Worldwide

NEW YORK—Wall Street fell again Wednesday as stocks tumbled worldwide on worries about the economy. The S&P 500 dropped 0.7 percent after House Speaker Kevin McCarthy said Republicans and Democrats remain “far apart” in their efforts to prevent a potentially disastrous default on the U.S. government’s debt. The main U.S. stock index is on track…


How Major US Stock Indexes Fared Wednesday

Wall Street fell again, part of a worldwide swoon for stocks as worries about the economy pile higher. The S&P 500 fell 0.7 percent Wednesday after House Speaker Kevin McCarthy said Republicans and Democrats remain far apart in efforts to prevent a default on the U.S. government’s debt. The main U.S. stock index is on…


How Major US Stock Indexes Fared Tuesday

Stocks slid on Wall Street as the U.S. government creeps closer to the edge of a potentially disastrous default on its debt. The S&P 500 fell 1.1 percent Tuesday as Democrats and Republicans still haven’t agreed on a deal to keep the U.S. government from running out of cash. Washington is facing a deadline as…


Stock Market Today: Wall Street Slides as Debt Worries Worsen

NEW YORK—Stocks slid Tuesday as the U.S. government crept closer to the edge of a potentially disastrous default on its debt. The S&P 500 fell 1.1 percent after House Speaker Kevin McCarthy said, “We’re not there yet” on a deal to prevent the U.S. government from running out of cash. That followed a meeting late…


Stock Market Today: Wall Street Ends Mixed Ahead of Talks to Avoid US Default

NEW YORK—Stocks drifted to a mixed finish Monday, as Wall Street waited for the results of a pivotal meeting meant to avoid a potentially disastrous default on the U.S. government’s debt. The S&P 500 was at a virtual standstill after flipping between small gains and losses through the day. It edged up by 0.65, or…


Stock Market Today: Wall Street’s Best Week Since March Stalls Amid Debt Worries

NEW YORK—Wall Street’s best week since March ran out of steam Friday as worries rose about the U.S. government’s efforts to avoid a potentially disastrous default on its debt. The S&P 500 slipped 6.07 points, or 0.1 percent, to 4,191.98. The Dow Jones Industrial Average fell 109.28, or 0.3 percent, to 33,426.63, while the Nasdaq…