NEW YORK—Stocks on Wall Street sank Tuesday after Home Depot warned of flagging sales, the latest discouraging signal for an economy under pressure. The S&P 500 fell 26.38 points, or 0.6 percent, to 4,109.90. The Dow Jones Industrial Average dropped 336.46, or 1 percent, to 33,012.14, and the Nasdaq composite slipped 22.16, or 0.2 percent,…
Stock Market Today: Wall Street Weakens as Energy Stocks, Home Depot Weigh
Stock Market Today: Wall Street Rises Ahead of Updates on US Shoppers
NEW YORK—Wall Street ticked higher Monday ahead of reports that will show how much a slowing economy is hurting what’s prevented a recession so far: solid spending by U.S. households. The S&P 500 rose 12.20, or 0.3 percent, to 4,136.28, the latest tick higher in what’s been a listless weekslong run for the market. The…
What You Need to Know About Indexes
By Kim Clark From Kiplinger’s Personal Finance Today, there are an estimated 3 million indexes that provide benchmarks against which to measure investment performance and serve as recipes for the portfolios of a vast number of indexed mutual and exchange-traded funds. Here’s a quick summary of some of the most common indexes. Most weight their…
Stock Market Today: Wall Street Slips as Households Get More Nervous
NEW YORK—Another seemingly listless week on Wall Street came to a quiet close on Wall Street Friday, but big worries continue to roil under the surface. The S&P 500 dipped 6.54 points, or 0.2 percent, to 4,124.08 to cap a sixth straight week where it moved by less than 1 percent. The Dow Jones Industrial…
Stock Market Today: Wall Street Edges Lower Following Inflation Data, Drops for Disney, Banks
NEW YORK—Wall Street edged lower Thursday, weighed down by a sharp drop for The Walt Disney Co. and flaring fears about the health of some U.S. banks. The S&P 500 lost 7.02 points, or 0.2 percent, to 4,130.62, with two out of every three stocks in the index falling. The Dow Jones Industrial Average lost…
Stock Market Today: Wall Street Edges Higher After Inflation Report
NEW YORK—A mixed day of trading left Wall Street slightly higher on Wednesday after a report showed inflation is making strides toward easing, even if it remains too high. The S&P 500 rose 18.47, or 0.4 percent, to 4,137.64 after swinging between gains and losses through the day. The Dow Jones Industrial Average slipped 30.48,…
Credit Crunch Could Weigh on US Economy, Stocks, Experts Warn
A credit crunch could worsen U.S. economic conditions, weighing on the stock market, according to financial experts. The Federal Reserve warned in two publications—the Financial Stability Report and the Senior Loan Officer Opinion Survey on Bank Lending Practices—that a credit crunch is forming in the national economy as financial institutions tighten credit terms and consumer…
Stock Market Today: Stocks Dip Ahead of Report on Inflation
NEW YORK—Wall Street dipped on Tuesday following some mixed earnings reports, as stocks remain roughly where they’ve been stuck for more than a month. The S&P 500 fell 18.95 points, or 0.5 percent, to 4,119.17. The Dow Jones Industrial Average lost 56.88, or 0.2 percent, to 33,561.81, while the Nasdaq composite fell 77.36, or 0.6…
Stock Market Today: Wall Street Steadies as Banks Stabilize
NEW YORK—Wall Street held steady Monday ahead of a week full of reports on some of the market’s biggest worries, including how stubbornly high inflation remains across the economy. The S&P 500 edged up by 1.87, or less than 0.1 percent, to 4,138.12 coming off its worst week in nearly two months. The Dow Jones…
Investors Should Prepare for Threat of a ‘Minsky Moment,’ Says Economist
Investors should prepare for months of market readjustments due to the imminent threat of a “Minsky Moment,” said a top economist. The “Minsky moment” is named after economist Hyman Minsky’s description of a precipitous drop in asset prices after a build-up of debt. Ludovic Subran, the chief economist at Allianz, formerly worked at the World Bank…
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