NEW YORK (AP) — Stocks drifted to a mixed close on Wall Street Thursday in what has been a rocky week so far because of worries coming out of the bond market about the U.S. government’s mounting debt. Trading remained choppy throughout most of the day following Wednesday’s big slump for ...
NEW YORK (AP) — Wall Street slumped on Wednesday under the weight of pressure from the bond market, where Treasury yields climbed on worries about the U.S. government’s spiraling debt and other concerns. The S&P 500 fell 1.6% for a second straight drop after breaking a six-day winning ...
NEW YORK (AP) — U.S. stock indexes fell on Tuesday, as momentum slowed for Wall Street after it rallied from a deep hole nearly all the way back to its all-time high set earlier this year. The S&P 500 fell 0.4% for its first drop in seven days, but it’s still within 3.3% of its ...
NEW YORK (AP) — After recovering from an initial jolt, U.S. stocks, bonds and the value of the U.S. dollar drifted through a quiet Monday following the latest reminder that the U.S government may be hurtling toward an unsustainable mountain of debt. The S&P 500 edged up by 0.1% after ...
(The Center Square) — A top credit-rating agency said the short-term deal the U.S. struck with China on trade is a positive sign, but only temporary. “The U.S.-China tariff reduction improves our macroeconomic outlook,” said Paul Gruenwald, global chief economist at S&P Global ...
WASHINGTON (AP) — Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump’s tariffs to its shoppers through higher prices. Bessent described his call with the company’s CEO a day after ...