US stock indices rose after a shaky start on Wednesday, leaving Wall Street potentially gaining ground after back-to-back losses as investors tune in to comments from central bankers as they fear runaway inflation is on the rise. damaging the world’s largest economy. How are stock indices traded? The Dow Jones Industrial Average DJIA, +0.12% it …
US stocks slumped on Tuesday, giving up early gains and falling for the second day in a row as investors scrutinized new economic data for clues about the pace of monetary policy tightening. In recent sessions, major indices have been highly sensitive to news and data as investors assess the durability of the markets’ rebound …
Stocks Finish Lower After Weak Consumer-Confidence Reading Read More »
Stocks rose after new economic data tempered investor expectations of aggressive interest rate hikes from the Federal Reserve, giving the S&P 500 its first weekly gain in four weeks. The Dow Jones Industrial Average rose 826 points, or 2.7%, while the S&P rose 3.1%. The high-tech Nasdaq Composite added 3.3%.
US stocks advanced amid a second day of testimony from the Federal Reserve chairman Jerome Powell after he warned that rapidly rising interest rates threatened a recession. The S&P 500 rose 0.4% on Thursday afternoon, after trading virtually flat around noon. The tech-heavy Nasdaq Composite Index was up 1%, while the blue-chip Dow Jones Industrial …
US stocks advanced ahead of a second day of testimony from the Federal Reserve chairman Jerome Powell after he warned that rapidly rising interest rates threatened a recession. The S&P 500 added 0.4% in early trading on Thursday. The tech-heavy Nasdaq Composite Index was up 0.4%, while the blue-chip Dow Jones Industrial Average was also …
Companies in several different industries are rescinding job offers they made just months ago, in a sign that the tightest job market in decades may be showing cracks. Companies including Twitter Inc.. real estate brokerage redfin corp. and cryptocurrency exchange Coinbase Global Inc.. have rescinded deals in recent weeks. Employers in other pockets of the …
