NEW YORK (AP) — The U.S. stock market sank from its record heights on Thursday, as Wall Street sifted through mixed developments on everything from the U.S.-China trade war to profits for Big Tech behemoths. The S&P 500 fell 1% and pulled further from its all-time high set on Tuesday. The ...
NEW YORK (AP) — U.S. stocks bounced around their records on Wednesday after the Federal Reserve made moves to boost the job market but also warned that more help isn’t guaranteed. The S&P 500 finished virtually flat and edged down by less than 0.1%. The Dow Jones Industrial Average ...
NEW YORK (AP) — The U.S. stock market pushed further into record heights on Tuesday. The S&P 500 added 0.2%. The Dow Jones Industrial Average rose 161 points, or 0.3%, and the Nasdaq composite climbed 0.8%. All three indexes set all-time highs for a third straight day. Moves were also relatively modest in the bond market as Wall Street waits for a few events that could shake things up. On Wednesday, the Federal Reserve will announce its latest move on interest rates, while some of the stock market’s most influential companies will report how much profit they made during the ...
NEW YORK (AP) — The Trump administration has agreed to resume student loan forgiveness for an estimated 2.5 million borrowers who are enrolled in certain federal repayment plans following a lawsuit from the American Federation of Teachers. Under the agreement reached Friday between the teachers union and the administration, the Education Department will process loan forgiveness for those eligible in certain repayment plans that offer lower monthly payments based on a borrower’s earnings. The government had stopped providing forgiveness under those plans based on its interpretation ...
NEW YORK (AP) — Stocks climbed to more records on Monday ahead of a week packed with potentially market-moving events for Wall Street. The S&P 500 rose 1.2%. The Dow Jones Industrial Average added 337 points, or 0.7%, and the Nasdaq composite jumped 1.9%. Each of the trio set an all-time high for a second straight day. Stocks also rallied in Asia ahead of a meeting on Thursday between the heads of the United States and China. The hope is that the talks could clear rising tensions between the world’s two largest economies and allow the global economy to keep motoring. U.S. ...
NEW YORK (AP) — U.S. stocks rose to the cusp of their records on Thursday, as oil prices jumped after President Donald Trump announced “massive” new sanctions on Russia’s crude industry. The S&P 500 climbed 0.6% and crept back within 0.2% of its all-time high set earlier this month. The Dow Jones Industrial Average added 144 points, or 0.3%, and finished just below its own record set earlier this week, while the Nasdaq composite rose 0.9%. Companies in the oil and gas business led the way, including gains of 1.1% for Exxon Mobil, 3.1% for ConocoPhillips and 3.4% for ...
