U.S. stocks sank Thursday, giving back gains after a rally on Wall Street on Wednesday, as traders continued to contemplate the Federal Reserve’s latest monetary policy decision. The S&P 500, Dow and Nasdaq dropped sharply. Tech stocks underperformed, and the Nasdaq sank by 5{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} in its worst day since June […]
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U.S. stocks closed higher Friday to cap a choppy first trading day of April as investors saw a closely-watched recession indicator in the bond market briefly flash red and mulled strong labor market data out of Washington that reaffirmed expectations for more hawkish monetary tightening plans by the Federal Reserve. […]
Stocks pared losses heading into market close on Monday, with technology stocks steadying after a rout as investors anticipated higher interest rates this year and looked ahead to several key economic data and earnings reports later this week. The S&P 500 dropped more than 2{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} at session lows but ended […]
Stocks were mixed on Thursday as investors weighed a batch of solid corporate earnings results against lingering inflation concerns. The S&P 500 and Nasdaq ended a choppy session higher. The Dow lagged, led by a drop in shares of Cisco (CSCO). The company posted quarterly results that were dented by […]
Stocks fell on Tuesday in another choppy session, with investors eyeing elevated commodity prices and other signs of inflation heading into corporate earnings season. The S&P 500, Dow and Nasdaq each posted a third consecutive day of declines. U.S. West Texas intermediate crude oil futures hovered near a seven-year high, […]