NEW YORK (AP) — Wall Street inched to more records on Wednesday following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the artificial-intelligence boom. The S&P 500 rose 0.3% and set an all-time high for a second straight day. The ...
NEW YORK (AP) — U.S. stocks rose to more records on Tuesday after the latest update on the job market bolstered Wall Street’s hopes for a slowdown that’s deep enough to get the Federal Reserve to cut interest rates, but not so overwhelming that it causes a recession. The S&P 500 rose ...
NEW YORK (AP) — Stocks drifted higher on Monday ahead of a week with several data reports that could dictate by how much or even whether the Federal Reserve will cut interest rates at its next meeting in a week. The S&P 500 added 0.2% and finished just below its record set last week. The Dow Jones Industrial Average rose 114 points, or 0.3%, and the Nasdaq composite climbed 0.5% to its own all-time high. AppLovin and Robinhood Markets helped lead the market after learning they will join the S&P 500 index later this month, along with Emcor Group. Many investment funds directly mimic ...
WASHINGTON (AP) — The American job market, a pillar of U.S. economic strength since the pandemic, is crumbling under the weight of President Donald Trump’s erratic economic policies. Uncertain about where things are headed, companies have grown increasingly reluctant to hire, leaving ...
NEW YORK (AP) — U.S. stocks rose to a record on Thursday as Wall Street made its final moves ahead of an update on the job market, one that could clear the way for the cuts to interest rates that investors love. The S&P 500 added 0.8% to top the all-time high it set last week. The Dow ...
NEW YORK (AP) — Wall Street steadied on Wednesday after Alphabet and other technology stocks rallied. It also got some relief from easing pressure from the bond market, where the latest discouraging report on the U.S. job market bolstered expectations that the Federal Reserve will cut interest rates soon to support the economy. The S&P 500 climbed 0.5% to break the two-day losing slide it had been on since setting its latest all-time high. The Dow Jones Industrial Average dipped 24 points, or 0.1%, and the Nasdaq composite climbed 1%. Google’s parent company was one of the ...
