Markets tumble worldwide over worries about the pandemic’s economic pain
Wall Street has been shaky this month, and the S&P 500 has dropped 8.4% since hitting a record Sept. 2 amid a long list of worries for investors.
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Bank shares slide on report of rampant money laundering
The financial sector was hit hard Monday following a report alleging that a number of banks have continued to profit from illicit dealings with disreputable people and criminal networks
Wall Street slumps as Big Tech once again leads decliners
The selling was widespread, with eight of the 11 sectors that make up the benchmark index ending the day lower. The sectors that include Amazon, Facebook and Apple took the heaviest losses.
Wall Street posts solid gains after surge in corporate deals
AstraZeneca added 0.5% following news over the weekend that clinical trials for the pharmaceutical company’s coronavirus vaccine will resume after being paused due to a reported side-effect in a patient
Led by tech shares, stock market bounces back after three-day rout
Technology shares led the rebound, just as they led the three-day sell-off that slashed 10% off the Nasdaq, dragging the tech-centric index into correction territory.
Despite rally, most state stocks still down in 2020
Even though the S&P 500 is near a record high, just 15 of 55 Indiana public companies tracked by IBJ are up for the year.
U.S. stocks start September off with more gains, led by tech
Wall Street kicked off September with another set of milestones Tuesday, as an afternoon rally carried the S&P 500 and Nasdaq composite to all-time highs.
S&P 500 rallies to close out fifth straight winning week
The Dow Jones industrial average clawed its way back to a tiny gain for the year, the first time the Dow has been up for 2020 since late February.
Dow Jones industrial average undergoing makeover
The Dow Jones industrial average, which tracks 30 large, publicly traded companies, is replacing three of the stocks.
U.S. stocks join global rally amid COVID-19 treatment hopes
The S&P 500 rallied 34.12, or 1%, to 3,431.28 and added to the all-time high it set last week, when it erased the last of its losses from the coronavirus pandemic.
How can Wall Street be so healthy when Main Street isn’t?
An amazing, monthslong rally has put the S&P 500 back to where it was before the pandemic, even though millions of workers are still unemployed and businesses continue to close across the country.
S&P 500 comes close again, buts fails to eclipse its all-time high
For a third time in the past week, the S&P 500 popped above the closing record during the session, but ended below the Feb. 19 record close of 3,386.15.
S&P 500 closes just below all-time high, erasing pandemic losses
The S&P 500 index climbed as high as 1.6% on Wednesday, topping the level reached on Feb. 19, before fading a bit before the market’s close.
Stocks rally worldwide, S&P 500 back to within 3% of record
Gains for tech stocks, particularly Microsoft and Apple, pushed the Nasdaq composite up 1.5%, to another record.
S&P 500 has biggest loss in nearly 4 weeks as tech stumbles
The stock market was dragged down by a report showing layoffs are picking up across the country along with coronavirus counts.
Tech drives stocks to new heights on Wall Street after choppy start
The rally, which gained strength in the final hour of trading, nudged the benchmark S&P 500 index to a slight gain for the year and drove the Nasdaq composite to an all-time high.
Wall Street rebounds after another yo-yo day of trading
The market’s latest moves came as earnings reporting season kicked off. Like the broader market, financial stocks drifted between gains and losses for much of the day before turning higher in the afternoon.
Nasdaq hits record as U.S. stocks join global rally
The S&P 500 index posted its fifth straight increase, its longest winning streak since December, as Amazon.com Inc. shares rose past $3,000 for the first time.
Stocks close out best quarter since 1998 with more gains
The whiplash that ripped through markets in the second quarter came as investors became increasingly hopeful that the economy can pull out of its severe, sudden recession relatively quickly.
Stocks rally on better-than-expected economic data
U.S. companies are providing reason for hope that an earnings recession may be less severe than some analysts expect.