Tag Archives: Financial markets

Stocks recovered some of their losses from the day before, which was Wall Street’s worst in three weeks. The S&P 500 rose 0.5% Wednesday. The Dow added 0.2%, and the Nasdaq climbed 0.6%. Treasury yields edged lower after Federal Reserve Chair Jerome Powell said again that cuts to interest rates may be coming later this year. Powell also said the …

Stocks recovered much of their sharp losses from a day before, triggered by worries that interest rates will stay high for months longer than hoped. The S&P 500 rose 1% Wednesday, good for more than two-thirds of its loss from Tuesday following a hotter-than-expected report on inflation. The Dow Jones Industrial Average added 0.4%, and the Nasdaq composite climbed 1.3%. …

Stocks slipped following the latest evidence that the economy remains strong, which could delay the cuts to interest rates that Wall Street wants. The S&P 500 fell 0.3% from its all-time high Monday. The Dow Jones Industrial Average lost 0.7%, and the Nasdaq composite slipped 0.2%. McDonald’s was a heavy weight after it reported weaker revenue than expected. Some of …

NEW YORK (AP) — Big Tech stocks once again carried Wall Street to a record Friday, even though the majority of stocks fell amid worries about the downside of a hot economy. Big gains for Meta Platforms and Amazon helped drive the S&P 500 index up by 1.1% to its latest all-time high. It’s in a torrid run where it’s …