Solid company earnings send stock indexes higher
The S&P 500 rose 1.1%, to a record high. A measure of small-company stocks rose twice as much, a bullish signal that investors are feeling more optimistic about the economy.
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GameStop stock soars again while Wall Street bends under the pressure
The stock market sank again Friday as a speculative frenzy over GameStop and a handful of other stocks ramped up worries over how much damage an online revolt against Wall Street bigwigs can damage the broader market.
Fishers startup gamifies trading, targets historically Black colleges
Social media startup Stockteamup has partnered with the philanthropic arm of a hip-hop-inspired snack company to teach financial investing to Black communities.
Brokerages limit trading in GameStop, sparking outcry from small investors
Robinhood and other retail brokerages took steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility in the market and an outcry from users of the platforms.
Stocks have their worst day since October as Big Tech sinks
The sharp selling is a shift from the market’s recent record-setting run and comes as investors focus on the outlook for the economy and corporate profits amid a still-raging coronavirus pandemic.
In war over GameStop, big funds yield to smaller investors
Across most of America, GameStop is just a place to buy a video game. On Wall Street, though, it’s become a battleground where swarms of smaller investors see themselves making an epic stand against the 1%.
Supreme Court clears attorney Mackey in discipline case involving fraudster’s ex-wife
The order concluded a more than year-long disciplinary case involving Larry Mackey’s relationship with the ex-wife of a former client, Fishers hedge fund executive Keenan Hauke of Samex Capital Partners.
Wall Street hits records as hopes build for more stimulus
The hope on Wall Street is that such stimulus will help carry the economy until later this year, when more widespread COVID-19 vaccinations get daily life closer to normal.
Stocks notch modest gains on Wall Street
Banks and other financial companies added to recent gains as Treasury yields marched higher for the sixth straight day amid expectations that the economy will pull out of its slump after a powerful recovery sweeps the globe later this year.
Stock market shakes off a slump to reach more record highs
Technology stocks and companies that rely on consumer spending helped lift the market, outweighing losses in financial, industrial and other sectors.
It’s wise to be skeptical of 2021 market forecasts
If anything, 2020 should have proven once and for all the futility of trying to make accurate market predictions.
Environmental, social and governance issues are shaping investment portfolios like never before
The approach now known as ESG investing has been around for decades, but it started to take off in Europe and the United States in late 2018 and early 2019.
Wall Street keeps rising on hopes for bigger stimulus
Investors and analysts are anticipating the Biden administration and a Democrat-controlled Congress will try to deliver $2,000 checks to most Americans, increase spending on infrastructure and take other measures to nurse the economy amid the worsening pandemic.
S&P 500, Dow close at record highs as tumultuous 2020 ends
Wall Street closed out a tumultuous year for stocks with more record highs Thursday, a fitting coda to the market’s stunning comeback from its historic plunge in the early weeks of the coronavirus pandemic.
Stocks hold on to modest gains, marking another Dow record
Stocks have been mostly grinding higher in recent weeks, with indexes setting new highs, amid optimism that coronavirus vaccinations will pave the way in coming months for the economy to escape from the pandemic’s grip.
U.S. stock indexes climb on renewed hope for relief package
Wall Street is growing increasingly confident that Democratic and Republican lawmakers will clinch a bill based on a $748 billion bipartisan proposal that would inject cash directly into the economy as prior benefits begin to expire at the end of the year.
In Wall Street years, 2020 felt like a decade for markets
The stock market tumbled through years’ worth of losses in just over a month this spring, only to turn around and pack an entire bull market’s worth of gains into less than nine months.
Blockbuster IPO market still calls for cautious approach
Wall Street has rolled out the welcome mat for companies going public this year, boosting proceeds from initial public offerings to the highest level in six years.
Major stock indexes all hit new records on renewed stimulus hopes
All major indexes for U.S. equities—the S&P 500, the Dow Jones industrial average, the Russell 2000 and the Nasdaq composite—closed at records. Such synchronized highs were last seen in January 2018.
Nasdaq seeks mandatory rule on board diversity for listed companies
The proposal filed with the U.S. Securities and Exchange Commission on Tuesday, if approved, would require all companies listed on the exchange to publicly disclose consistent, transparent diversity statistics about their board of directors.