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The major averages fell on Wednesday as the rally that has pushed prices higher since mid-June appeared to lose steam. Traders also assessed the latest retail data and minutes from the Federal Reserve. The Dow Jones Industrial Average shed 171.69 points, or 0.5%, to close at 33,980.32. The S&P 500... Read More
The major averages closed mixed with the Dow Jones Industrial Average rallying for a fifth day as earnings results from Walmart and Home Depot showed consumer spending could remain strong enough to keep the economy from tipping over into a downturn. The Dow finished up 239 points or 0.71% after... Read More
The major averages rose on Monday as the rally on Wall Street continued and traders prepared for a big week for retail earnings. The Dow Jones Industrial Average added 151 points, or 0.45% to close at 33,912. The S&P 500 rose 0.4% or 16 points to 4,297 while the Nasdaq... Read More
The major averages rose sharply on Friday, clinching the fourth straight positive week for the S&P 500 as investors celebrated signs that inflation is peaking. The Dow Jones Industrial Average added 424 points, or 1.27%, to close at 33,761. The S&P 500 gained 1.73% to finish at 4,280 while the... Read More
The major averages struggled for direction on Thursday as investors mulled another better-than-expected inflation report. The Dow Jones Industrial Average rose just modestly, less than 0.1%. The S&P 500 was little changed, while the Nasdaq Composite slumped 0.5%. The three major averages opened the session higher but lost steam as... Read More
The major averages rose sharply on Wednesday after a key inflation reading showed a better-than-expected slowdown for rising prices. The Dow Jones Industrial Average jumped 535 points, or roughly 1.6%. The S&P 500 gained 87 points or 2.1%, hit its highest level since early May, while Nasdaq Composite jumped 360... Read More
The major averages fell on Tuesday as investors navigated a batch of disappointing company reports ahead of a key inflation reading. The S&P 500 fell 17 points or 0.4%, while the Nasdaq Composite dropped 150 points or 1.2%. The Dow Jones Industrial Average fell 58 points, or 0.2%. The declines came... Read More
The major averages closed mixed on Monday, following the S&P 500′s third straight weekly gain, as demand concerns for the semiconductor industry weighed on tech names. The S&P 500 slipped 0.12% to 4,140.06. The Nasdaq Composite ticked down 0.10% to 12,644.46. The Dow held on to a gain of 29.07... Read More
The major averages wavered Friday in a volatile trading session after the July jobs report was much better than expected, as investors assessed what a strong labor market would mean for the Federal Reserve's rate tightening campaign. The Dow Jones Industrial Average gained 76 points, or 0.23%, to end at... Read More
The major averages wavered on Thursday as traders awaited Friday's July jobs report, which will give the latest snapshot on the labor market and the health of the economy. The Dow Jones Industrial Average shed 90 points, or 0.24%. The S&P 500 fell just 6 points after hitting its highest... Read More
The major averages are set to rise as traders tried to regain their footing following back-to-back losing sessions. The Dow Jones Industrial Average is set to rise 168 points, or 0.54%. The S&P 500 is up 24 points while the Nasdaq is up 80 points. Those moves came as Wall Street... Read More
The major averages slumped on Tuesday as investors weighed increased tensions between the U.S. and China with House Speaker Nancy Pelosi's Taiwan visit and reacted to comments from Federal Reserve Presidents about the central bank's path forward. The S&P 500 slipped 27 points or 0.67%. The benchmark had earlier rebounded... Read More
The major averages are lower to start the week and month following the market's best month since 2020 as investors look ahead to another week of key earnings reports and economic data. The Dow Jones Industrial Average is set to decline 89 points, or 0.27%. The S&P 500 is down... Read More
The major averages jumped, extending their two-day rally on Friday as investors digested strong tech earnings and looked past concerns about high inflation and a recessionary environment. The Dow Jones Industrial Average advanced 316 points, or 0.97%. The S&P 500 climbed 58 points or 1.42%, while the Nasdaq Composite added... Read More
The major averages rally for a second day in a row even after the latest GDP showed a second-straight contraction, as investors bet the economic downturn would soon cause the Federal Reserve to end its aggressive hiking campaign. The Dow Jones Industrial Average rose over 300 points, or 1%,... Read More
The major averages rose sharply after the Federal Reserve announced its much anticipated 0.75 percentage point rate increase to fight inflation, but hinted that it could slow the pace of its hiking campaign at some point. The Dow Jones Industrial Average jumped 434 points, or 1.3% The S&P 500 gained... Read More
The major averages extended their losses Tuesday afternoon after Walmart cut its earnings forecast, sending other retail shares lower and adding to concern that consumer spending might not be strong enough to keep the U.S. out of a recession. The Dow Jones Industrial Average fell 229 points, or 0.7%, while... Read More
The markets wavered on Monday, as traders braced for the busiest week of corporate earnings, as well as insights into further interest rate hikes from the Federal Reserve. The Dow Jones Industrial Average climbed 90 points or 0.3%, to closed just below 32,000. The S&P 500 added 5 points while... Read More
The major averages pulled back on Friday, but finished the week higher, as investors digested disappointing results from Snap that sent social media shares reeling. The Dow Jones Industrial Average lost 137 points, or 0.43%. The S&P 500 declined 37 points or 0.93%, while the Nasdaq Composite traded down 225... Read More
The major averages rally once again led by the Nasdaq Composite and shares of Tesla climbing following better-than-expected earnings results. The tech-heavy Nasdaq gained 161 points or 1.3%, while the S&P 500 gained 39 points or 1%. Meanwhile, the Dow Jones Industrial Average gained 161 points or 0.5% in a... Read More
The major averages rose on Wednesday, fueled by a rally in tech stocks, as all major averages reached their highest point since early June. The Nasdaq Composite jumped 1.58% to 11,897, and the S&P 500 advanced 0.59% to 3,959.90. Meanwhile, the Dow Jones Industrial Average was up 47 points, or... Read More
The major averages build on their gains through the day as the market resuming a bounce from last month's lows, as traders bet on strong corporate earnings reports, and wagered that markets have found a bottom. The Dow Jones Industrial Average jumped 754 points, or 2.42%, closing near the highs... Read More
The major averages reversed course, losing steam on Monday, with the Dow Jones Industrial Average losing giving up a 350 point gain earlier in the session. The Dow Jones Industrial Average lost 216 points, or 0.7%, accelerating losses in the final hour of trading, erasing a 356 point jump at... Read More
The major averages rose sharply on Friday in response to a new round of bank earnings and promising economic data as fears of a 100 basis point rate hike from the Federal Reserve to subdue rising inflation subsided. The Dow Jones Industrial Average popped 658 points, or 2.15%. The S&P... Read More
The major averages recovered from a sharp selloff to start the day as JP Morgan and Morgan Stanley kicked off earnings season with disappointing results. The Dow Jones Industrial Average shed 150 points, or 0.5%, after plummeting as much as 628 points, while the S&P 500 dropped 13 points or 0.3%.... Read More
The major averages slipped on Wednesday after June inflation data hit its highest level since 1981, adding to growing fears that the Federal Reserve will get more aggressive in its fight to tame rising prices. The Dow Jones Industrial Average dropped 208 points, or 0.6%, while the S&P 500 dipped... Read More
The major averages fell in the final hour of trading as worries over global economic growth dented investor appetite for risk assets and Wall Street braced for key inflation data. The Dow Jones Industrial Average dropped 192 points, or 0.62%, giving up its earlier gains as the S&P 500 plunged... Read More
Major equities fell Monday as Wall Street braced for big company earnings reports slated for later in the week which could signal how inflation is impacting businesses. The Dow Jones Industrial Average dropped 164 points or 0.52%. The S&P 500 fell 44 points or 1.11% while the Nasdaq Composite dropped... Read More
The major averages closed mixed as the Nasdaq Composite rose in choppy trading on Friday as investors reacted to a stronger-than-expected jobs report that will likely keep the Federal Reserve on track for its aggressive rate hikes. The Nasdaq gained 13 points while the S&P 500 fell 3 points and... Read More
The major averages rose on Thursday as Wall Street looked to extend a modest winning streak and recover from a rough first half of the year. The Dow Jones Industrial Average rose over 300 points, or 1.1%. The S&P 500 finished up over 50 points or 1.5%, while the Nasdaq... Read More
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