Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 23, 2024. Angela Weiss | AFP | Getty Images The Dow Jones Industrial Average closed at a record high on Monday as investors tried to move on from a steep sell-off earlier this month. The 30-stock index closed up
Federal Reserve Chair Jerome Powell told investors on Friday “time has come for policy to adjust.” In response, stocks finished the week near record highs. The S&P 500 (^GSPC), the Nasdaq Composite (^IXIC), and the Dow Jones Industrial Average (^DJI) all rose more than 1% on the week. The S&P 500 is now within 1%
Stocks climbed on Friday in the run-up to a pivotal speech by Federal Reserve Chair Jerome Powell that is likely to shape expectations on policy, the economy, and the future path of interest rates. The S&P 500 (^GSPC) rose 0.6%, while the Dow Jones Industrial Average (^DJI) added 0.5%. The tech-heavy Nasdaq Composite (^IXIC) led
My top 10 things to watch Wednesday, Aug. 21 1. Wall Street was looking at a slightly positive open after modest losses Tuesday broke an eight-session winning streak for the S & P 500 and Nasdaq . Investors are waiting to see the minutes from the Fed’s latest policy meeting Wednesday afternoon. They are hoping
Despite a recent rebound in technology stocks, megacap names like Alphabet (GOOG, GOOGL), Amazon (AMZN), and Microsoft (MSFT) have all seen shares fall over the last month as investors question the staying power of artificial intelligence. Shares of Google parent Alphabet have dropped 14%, while Amazon shares are off about 8%. Microsoft stock has fallen
U.S. stocks hovered near the flatline Friday morning as investors looked toward the end of a week that has ushered in a recovery rally, with all three major indexes on pace to end the five-day stretch with gains. The S&P 500 ticked down 0.03%, while the Nasdaq Composite advanced 0.01%. The Dow Jones Industrial Average
Stocks rose Thursday as Wall Street took in signals that pointed to a still-strong US consumer and labor market. The Nasdaq Composite (^IXIC) popped almost 1.2%, while the benchmark S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) rose about 1%. In focus early Thursday were earnings from retail giant Walmart (WMT), as well
Markets are eyeing upcoming readings on inflation and the consumer following a volatile run last week, spurred by a disappointing jobs report that showed bad news is, well, bad news again. “Since the release of the July employment report, financial markets have been focused on the labor market and the implications for Federal Reserve policy,
A trader works on the floor of the New York Stock Exchange. NYSE U.S. equity futures fell on Sunday evening as investors braced for key inflation data, after almost completely reversing its violent market rout last week. Futures tied to the Dow Jones Industrial Average fell 48 points, or 0.1%. S&P 500 futures dipped 0.08%
Just ahead of a pivotal Fed policy meeting and a clutch of Big Tech quarterly reports, US stocks fell, dragged by a drop of AI chip heavyweight Nvidia (NVDA). The S&P 500 (^GSPC) fell by 0.5% while the tech-heavy Nasdaq Composite (^IXIC) dropped roughly 1.3%, as investors awaited key earnings from the likes of Microsoft