NASDAQ, S&P 500 close at record highs after new trade deal
Stocks rose on Wall Street on Monday, sending the NASDAQ above 8,000 for the first time, after the White House said it has reached a preliminary agreement with Mexico on replacing NAFTA.
Stock Market
Articles
Powell signals more hikes ahead if U.S. economy stays strong
Federal Reserve Chairman Jerome Powell said the Fed recognizes the need to strike a careful balance between its mandates of maximizing employment and keeping price increases stable.
U.S. bull market sets mark as longest in history
The current bull run on Wall Street became the longest ever on Wednesday at 3,453 days, beating the bull market of the 1990s that ended in the dot-com collapse in 2000.
Health care exchange-traded fund hits record as pharma soars
A boom in major U.S. pharmaceutical stocks is creating a swarm of activity around an exchange-traded fund tracking major drugmakers like Eli Lilly and Co.
Trump asks SEC to study half-year company earnings reports
While some business leaders have groaned about the rigors associated with having to disclose financial figures four times a year, the SEC has been reticent to make any changes.
Stocks march higher on growing hopes for China trade talks
U.S. stocks jumped Thursday as China and the United States said they will hold their first trade discussions in months, a potential sign of progress toward ending their trade war.
Apple becomes first U.S. company to hit $1 trillion market value
The consumer-technology giant briefly touched the milestone Thursday morning, four decades after the late Steve Jobs co-founded the firm in his parents’ garage in Silicon Valley.
Fed keeps key rate unchanged while signaling future hikes
In a brief policy statement, the Federal Reserve noted a strengthening labor market, economic activity growing at “a strong rate,” and inflation that’s reached the central bank’s target of 2 percent annual gains.
Twitter shares plunge in bad week for social media stocks
Twitter’s drop of 18.5 percent Friday morning comes one day after Facebook lost 19 percent of its value.
Facebook’s stock plunges as growth stalls; Zuckerberg loses $16.8B
CEO Mark Zuckerberg’s fortune tumbled Wednesday as Facebook shares fell 20 percent in after-hours trading.
Fed raises key interest rate, sees possible acceleration in hikes
The Federal Reserve took note of a resilient U.S. economy Wednesday by raising its benchmark interest rate for the second time this year and signaling that it may step up its pace of rate increases.
Path to $1.6 billion acquisition by Lilly full of twists and turns
At one point this spring, Lilly and three other companies were simultaneously angling to buy AMRO BioSciences.
Market has rough day as big tech, industrial stocks tumble
Stocks closed sharply lower on Wall Street on Tuesday as Google parent Alphabet Inc., Amazon and Caterpillar took heavy losses.
Stocks tumble amid growing trade concerns
U.S. stocks ended the week with a deep selloff on Friday as the White House's latest trade threats against China rattled global financial markets.
U.S. stocks end skid, have best best day since 2015
U.S. stocks surged back from the biggest weekly rout in two years, with major benchmarks climbing more than 2.7 percent Monday on signs that an escalation of trade tensions was beginning to ease.
Stocks tumble again in biggest weekly decline since 2016
Concern is rising that that a trade war and higher borrowing rates could throttle global growth.
Trade worries send stock market plunging
U.S. stocks took their biggest tumble in six weeks Thursday as investors reacted to the threat of an escalating trade war with China that has the potential to disrupt global growth.
Facebook shares continue to fall amid talk of FTC probe
Facebook shares declined in morning trading, falling 5.5 percent, to $163.08 each. That follows a drop of 6.8 percent Monday that was the company’s largest since March 2014.
Powell says outlook strong, signaling gradual rate hikes
Federal Reserve Chairman Jerome Powell told Congress on Tuesday that the outlook for the U.S. economy "remains strong" despite the recent stock market turbulence, keeping the central bank on track to gradually raise interest rates.
Five things to look for when new Fed chair Powell meets Congress
When Jerome Powell testifies to Congress on Tuesday in his first public appearance as chairman of the Federal Reserve, investors will be paying close attention to his every word.