NEW YORK—Wall Street staged its biggest comeback in years Thursday, as stocks roared back from steep morning losses caused by a worse-than-expected report on inflation. The S&P 500 jumped to a gain of 2.6 percent, a stunning reversal after earlier being down as much as 2.4 percent and touching its lowest level in nearly two…
Late Slide Sends Wall Street Lower in More Uncertain Trading
A wobbly day of trading on Wall Street ended with a modest pullback for stocks Wednesday as investors weighed a report showed that inflation remains very hot, likely paving the way for more aggressive interest rate hikes by the Federal Reserve. A late-afternoon drop erased tentative gains that the major stock indexes had been clinging…
Wall Street Ends Mostly Lower After Another Volatile Day
Another volatile run on Wall Street left stocks lower Tuesday, extending the market’s recent losses as traders brace for updates on inflation and corporate earnings. The S&P 500 fell 0.7 percent, marking its fifth straight loss. The benchmark index had been down as much as 1.2 percent in the early going after a dour forecast…
While America Sleeps, the Chinese Communist Party Walks Right In
While Chinese-made goods flood the U.S. market, Beijing has been busy buying America—including elected officials. Even at the local level, the Chinese Communist Party (CCP) has compromised U.S. politicians as part of what it calls its subnational strategy to undermine U.S. interests. From Wall Street to Main Street, and from Washington, D.C., to Small Town,…
Stocks Close Lower on Wall Street Ahead of Earnings Reports
Wall Street added to its recent string of losses Monday, as stocks fell ahead of a busy week of inflation updates and the start of corporate earnings reporting season. The S&P 500 fell 0.7 percent, extending its losing streak to a fourth day. The Dow Jones Industrial Average lost 0.3 percent after wavering between small gains…
Wall Street Ends Down as 2-Day Rally Fizzles on Data, Fed Message
Wall Street stocks closed lower on Wednesday, unable to sustain a late-day surge, after data showing strong U.S. labor demand again suggested the Federal Reserve will keep interest rates higher for longer. Fed officials have insisted on aggressive rate tightening to battle inflation, a message the market has feared would lead to a hard landing…
Stocks Rise in Extended Rally, Clawing Back More Ground
The Dow Jones Industrial Average climbed more than 800 points and the S&P 500 had its best day in more than two years Tuesday as the market clawed back more of the ground it lost in a miserable several weeks on Wall Street. The S&P 500 rose 3.1 percent, its best day since May 2020,…
Wall Street Soars to Best Day Since Summer, S&P 500 Up 2.6 Percent
NEW YORK—Wall Street soared to its best day in months Monday in a widespread relief rally after some unexpectedly weak data on the economy raised the possibility that the Federal Reserve won’t have to be so aggressive about hiking interest rates. The S&P 500’s leap of 2.6 percent was its biggest since July, the latest…
How Major US Stock Indexes Fared Monday (Oct. 3, 2022)
Wall Street rallied to its best day since late July as falling bond yields eased some of the pressure that’s battered markets. The S&P 500 rose 2.6 percent Monday, the latest swing for a scattershot market that’s been mostly falling this year on worries about a possible global recession. Treasury yields fell after a report…
Stocks End September Down 9.3 Percent, Worst Month Since March 2020
Wall Street closed out a miserable September on Friday with the S&P 500’s worst monthly skid since March 2020, when the coronavirus pandemic crashed global markets. The benchmark index ended the month with a 9.3 percent loss and posted its third straight losing quarter. It’s now at its lowest level since November 2020 and is…
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