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Amazon carries Wall Street to the finish of another winning week and month

NEW YORK (AP) — Amazon led the U.S. stock market on Friday to the finish of another winning week and month. The S&P 500 rose 0.3% and pulled closer to its all-time high set on Tuesday. It closed out a third straight winning week and a sixth straight winning month, its longest monthly winning streak since 2021. The Dow Jones Industrial Average added 40 points, or 0.1%, and the Nasdaq composite gained 0.6%. Amazon led the way and jumped 9.6%. The retail giant was by far the strongest force lifting the market after reporting profit for the latest quarter that blew past analysts’ ...

PayPal and UPS help lead U.S. stocks to more records

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 ...

Trump administration pledges to speed some student loan forgiveness after lawsuit

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 ...

Wall Street rallies to more records as gold’s price slumps again

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. ...