NEW YORK (AP) — Wall Street sank on Tuesday as rising pressure from the bond market pulled U.S. stocks further from their records. The S&P 500 fell 0.7% for its worst day in a month after paring a loss that earlier reached 1.5%. The Dow Jones Industrial Average dropped 249 points, or 0.5%, ...
(AP) — Stocks moved further into record territory on Wall Street. The S&P 500 rose 0.3% Thursday, its second record in a row. The Dow Jones Industrial Average climbed 0.2%, eking out an all-time high of its own. The Nasdaq composite added 0.5%. The advances were driven largely by gains in huge tech companies including Broadcom, Alphabet and Amazon, even as many stocks fell. Spam maker Hormel sank after reporting earnings that fell short of Wall Street’s forecasts and cutting its outlook for the year. Treasury yields were little changed in the bond market following some mixed reports ...
(AP) — Modest gains on Wall Street lifted the stock market to an all-time high Wednesday ahead of a highly anticipated earnings update from computer chip giant Nvidia. The S&P 500 rose 0.2%, good enough to nudge the benchmark index past the record high it set two weeks ago. The Dow Jones Industrial Average rose 0.3% and the Nasdaq composite closed 0.2% higher. Technology companies led the way higher, outweighing declines in communication services and other sectors. After the market closed, Nvidia reported quarterly earnings and revenue that topped Wall Street analysts’ ...
(AP) — Stocks are holding steady in afternoon trading on Wall Street Tuesday as indexes hover just below their recent all-time highs. The S&P 500 was up 0.2% after drifting between small gains and losses for much of the day. The Dow Jones Industrial Average also reversed a slide and was up by 38 points, or 0.1%, as of 2:54 p.m. Eastern time. The Nasdaq composite added 0.2%. Gains in technology stocks helped outweigh losses in communication services and other sectors. Chipmaking giant Nvidia rose 1.2%. Boeing rose 3% after Korean Air announced a $50 billion deal with the company ...
WASHINGTON (AP) — Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month. The Conference Board said Tuesday that its consumer confidence index ticked down by 1.3 points to 97.4 in August, down from July’s 98.7, but in the same narrow range of the past three months. The small decline in confidence was in line with the forecasts of most of the economists who were surveyed. A measure of Americans’ short-term expectations for their income, business conditions and the job market fell by 1.2 points ...
(AP) — Stocks on Wall Street closed broadly lower Monday, giving back some of the big gains the market notched last week on hopes for interest rate cuts from the Federal Reserve. The S&P 500 fell 0.4% and remains near its all-time high. The Dow Jones Industrial Average closed 0.8% lower after setting a record high on Friday. The Nasdaq composite closed 0.2% lower. The selling was widespread, with health care stocks among the biggest drags on the market. Pfizer fell 2.9% and Eli Lilly and Co. slid 2.3%. Gains for several big technology stocks helped temper the market’s losses. ...
