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.
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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.
Dow tumbles 730 points as COVID-19 cases rebound in several states
Stocks closed sharply lower on Wall Street on Friday as the number of confirmed new coronavirus cases in the United States hit an all-time high, stoking worries that the reopening of businesses investors have been banking on to revive the economy will be derailed.
Banks lead gains for stocks on Wall Street in jumpy trading
Financial companies led stocks broadly higher on Wall Street on Thursday as traders welcomed news that the Federal Reserve and other regulators are removing some limits on the ability of banks to make investments.
U.S. stocks rise again, but spread of virus tempering gains
U.S. stocks rose for a second day, but faded near the closing of the market as concern mounted that a spike in virus cases in some states could curtail economic activity.
China deal ‘fully intact,’ Trump says after adviser roils markets
U.S. futures swung wildly as the remarks caused concern that the deal signed in January, which paused the trade war between world’s two largest economies, was in jeopardy.
Wall Street eyes alternative data to track economy reopening
Because conventional economic reports on hiring, consumer confidence and spending can lag a month or more, investment strategists are looking at other indicators.
Wall Street dips as global rally eases off the accelerator
Markets have been trending upward this week, but rising levels of coronavirus infections in several hotspots around the world are raising concerns that all the improvements could get upended.
Stocks show healthy daily gain but suffer worst weekly loss since March
Friday’s rebound was a reversal for the market, which sold off for three days in a row as a rise in COVID-19 cases and a discouraging economic outlook from the Federal Reserve dashed investor optimism for a quick economic recovery.
Stocks fall sharply on Wall Street as investors turn jittery
The sell-off this week marks a reversal for the market, which rallied 44.5% between late March and Monday, a scorching rate that many skeptics said was unsustainable and didn’t reflect the dire condition of the economy.
S&P 500 rallies to pre-pandemic level; Nasdaq hits record high
The S&P 500 climbed back within 4.5% of its own record, as optimism strengthens that the worst of the recession may have already passed.