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Wall Street – XtremeCuztoms

Tag: Wall Street

Stock Market Today: Wall Street Rises Ahead of What’s Hoped to Be the Last Fed Rate Hike for a While

NEW YORK—Wall Street ticked higher Monday to start a week full of updates on where interest rates and profits for some of the stock market’s most influential companies are heading. The S&P 500 rose 18.30, or 0.4 percent, to 4,554.64, coming off its eighth winning week in the last 10. The Dow Jones Industrial Average…


Stock Market Today: Wall Street Closes Another Winning Week by Barely Moving

NEW YORK—Wall Street closed out another winning week with a quiet Friday, as stocks found some stability after sliding the day before. The S&P 500 edged up by 1.47, or less than 0.1 percent, to 4,536.34 to cap its eighth winning week in the last 10. The Dow Jones Industrial Average added 2.51 points, or…


Stock Market Today: Wall Street’s Rally Fizzles After Tesla and Netflix Fall

NEW YORK—Drops for Tesla, Netflix and other big tech-oriented stocks put the clamps on Wall Street’s torrid rally Thursday. The S&P 500 fell 30.85, or 0.7 percent, to 4,534.87, coming off its highest close since early April 2022 and its seventh gain in the last eight days. The Nasdaq composite dropped 294.71, or 2.1 percent,…


Stock Market Today: Wall Street Climbs Again to Tack More Onto Its Big Rally for the Year

NEW YORK—Another tick higher for Wall Street Wednesday added to its big rally for the year following profit reports from a spate of banks and other big U.S. companies. The S&P 500 rose 10.74, or 0.2 percent, to 4,565.72. After its seventh gain the last eight days, it’s now up nearly 19 percent for the…


Stock Market Today: Wall Street’s AI Frenzy and Strong Bank Profits Send Stocks Higher

NEW YORK—Wall Street’s frenzy around artificial intelligence helped push stocks to their best level in more than 15 months on Tuesday, along with stronger-than-expected profit reports from several big financial companies. The S&P 500 rose 32.19, or 0.7 percent, to 4,554.98 and its highest finish since early April 2022. The Dow Jones Industrial Average rallied…


Stock Market Today: Wall Street Pushes Higher as Earnings Season Ramps Up

NEW YORK—Wall Street pushed higher Monday ahead of a week full of updates about where profits for big U.S. companies are heading. The S&P 500 rose 17.37, or 0.4 percent, to 4,522.79 and its highest closing level in 15 months. The Dow Jones Industrial Average gained 76.32, or 0.2 percent, to 34,585.35, and the Nasdaq…


Stock Market Today: A Raucous Week for Wall Street Closes With a Quiet, Mixed Finish

NEW YORK—Wall Street’s latest winning week closed with a mixed finish on Friday following stronger profit reports than expected from several big U.S. companies. The S&P 500 slipped 4.62, or 0.1 percent, to 4,505.42 to edge back from its highest closing level since April 2022. The Dow Jones Industrial Average rose 113.89, or 0.3 percent,…


Stock Market Today: Wall Street’s Winning Week Stays Perfect as Inflation Eases Further

NEW YORK—Wall Street’s winning streak barreled into a fourth day Thursday following the latest signal that inflation is easing its chokehold on the economy. The S&P 500 rose 37.88, or 0.8 percent, to 4,510.04 and its highest close since April 2022. The Dow Jones Industrial Average rose 47.71, or 0.1 percent, to 34,395.14, and the…


Chinese Banks’ Ratings Downgraded as Local Governments Struggle With Debt

Shares in Chinese banks plunged after Goldman Sachs downgraded some ratings due to high local government debt. According to a July 11 Bloomberg report, shares in China’s banking sector are on the cusp of historically low valuations. Bloomberg Intelligence’s index of Chinese bank stocks is down 14 percent from this year’s high in May, wiping…


Stock Market Today: Wall Street Returns to Highest Level in More Than a Year After Inflation Cools

NEW YORK—Wall Street returned to its highest level in more than a year on Wednesday after a report showed inflation cooled a bit more than expected last month, which hopefully takes some more pressure off the economy. The S&P 500 rose 32.90, or 0.7 percent to 4,472.16 to reach its strongest closing level since April…