Major indexes closed lower on Wall Street on Monday after an early gain evaporated in the afternoon. The choppy trading came at the start of another busy week for U.S. corporate earnings reports. Gains by energy producers, large retailers and other companies that rely on consumer spending were offset by declines in healthcare and technology […] More
Wall Street closed a winning week with a crushing end on Friday, as stocks tumbled following a stronger-than-expected report in the U.S. jobs market. The S&P 500 closed slightly lower after flipping between small gains and losses throughout the day. A surprisingly strong jobs report showed employers are continuing to hire despite fears of a […] More
Stocks end higher on Wall Street on Tuesday, recouping some of the ground they lost last week in their worst weekly decline since the pandemic began. Them&P 500 rose 2.4%. That’s still 21.5% below the record he set in January. The tech-heavy Nasdaq climbed 2.5% and the Dow Jones Industrial Average 2.1%. Markets will be […] More
Stocks ended another bumpy day, mostly up on Wall Street, but still suffered their biggest weekly losses since March 2020, when markets went into freefall at the start of the coronavirus shutdowns. Them&P 500, the benchmark for many index funds in 401(k) accounts, edged up 0.2% on Friday. It still lost 5.8% on the week, […] More
Stocks fell on Wall Street on Friday after investors’ hopes were dashed that inflation could peak. Instead, it worsened last month and hit another 40-year high, ensuring the Federal Reserve’s foot will remain firmly on the brakes in the economy. Treasury yields hit their highest levels in years as investors anticipated that inflation would not […] More
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