David Solomon told a private gathering of Goldman Sachs executives that he had erred by not cutting jobs earlier in 2022, according to people familiar with the remarks. Speaking to about 400 Goldman partners at a closed-door meeting in Miami this week, the chief executive said he took responsibility for […]
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U.S. stocks ended sharply higher Thursday, led by technology shares as markets continued a comeback from steep losses earlier this week. [Click here to read what’s moving markets heading into Friday, April 29] The S&P 500 gained 2.5{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a}, and the Dow Jones Industrial Average jumped by more than 600 points, […]
U.S. stocks pared gains and fell in the final hour of trading Tuesday to close a second straight session in the red as investors assessed fresh inflation data out of Washington that showed prices in March further accelerated to a new 40-year high. The S&P 500 retreated to fall 0.3{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a}, […]
Stocks turned lower Wednesday afternoon as more hawkish remarks from Federal Reserve Chair Jerome Powell compounded with concerns around the Omicron variant and its impacts on the economy. The S&P 500, Dow and Nasdaq each erased earlier gains to dip into the red. The Centers for Disease Prevention and Control […]
Stocks turned positive Wednesday, with all three major stock indexes pushing higher during the afternoon session following a report that Congress might reach a short-term agreement to raise the government borrowing limit and prevent a default. The Nasdaq pared earlier losses to trade in slightly positive territory Wednesday afternoon, with […]