First Internet Bank reports record quarterly, annual profits
Fishers-based First Internet saw its stock price climb to a one-year high in after-hours trading after the bank released its financial report Wednesday.
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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 suffer worst loss in a week on weakening economic reports
Stocks have run out of steam since the S&P 500 set a record high a week ago amid optimism that COVID-19 vaccines and more stimulus from Washington will bring an economic recovery.
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.
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.
Stocks fall as trading starts for year of great expectations
The S&P 500, which ended 2020 at an all-time high, slid 1.5% after earlier dropping as much as 2.5%. It was the benchmark index’s biggest decline since late October.
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. stocks fall as investors turn cautious following records
Among the companies losing ground Tuesday was Indianapolis-based Simon Property Group Inc., which fell 2.6% after the shopping mall operator completed its $3 billion purchase of an 80% stake in rival Taubman Centers.
Stocks close at new highs after signing of COVID-19 rescue package
U.S. investors cheered the U.S. aid package, restoring some of the optimism that drove global stocks to a record this month even as the pandemic escalated.
S&P 500 slumps on virus angst after European rout
A new variant of the coronavirus in the U.K. and a wave of lockdowns and travel restrictions damped global trading, but in the U.S. a stimulus deal kept bigger losses at bay.
NASDAQ hits high, S&P rises following stimulus progress, Fed moves
In a mixed and muted day of trading, the S&P 500 rose 6.55 points, or 0.2%, to 3,701.17. It’s within roughly 1 point of its record set last week.
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.
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.
Stocks slip, but S&P 500 still logs best month since April
The turbocharger for the market’s move higher has been a huge dose of hope as pharmaceutical companies come closer to delivering vaccines to a world beaten down by the COVID-19 pandemic.
Data providers to combine in $44B deal, biggest acquisition of year
New York City-based S&P Global announced that it would acquire IHS Markit, based in London, in an all-stock deal.
Dow closes above 30,000 for first time, S&P 500 jumps to record
Trading volumes have been elevated in what is normally a calm week. More than 12 billion shares changed hands on Monday, up 75% from the Monday before last year’s holiday.
Stock indexes close at record highs as hopes build for a vaccine
The Dow Jones industrial average surpassed its record of 29,551.42 set in February before pandemic panic hit the market.