A sell-off in mega-cap stocks sparked a broader slump across Wall Street on Friday, though the three main benchmarks managed to hold on for weekly wins. Today’s price action puts the Santa Claus rally at risk, which has historically spelled…
CNN — US stocks fell Friday in a lackluster week despite a year of historic highs. The Dow was lower by around 350 points, or 0.7%, in early-afternoon trading, the S&P 500 lost 1.2% and the Nasdaq Composite was down…
Wall Street closed mixed on Thursday as market participants assessed labor market data and the 10-year Treasury yield, which reached its highest level since early May. The Nasdaq Composite and the S&P 500 ended in negative territory, while the Dow finished…
Severe weather causes travel woes across US Post-holiday travel was slowed as much of the country faced severe weather. Goodbye Santa rally? U.S. stocks fell Friday as investor sentiment turned gloomy. The Dow Jones Industrial Average was down more than…
Global markets demonstrated resilience amid the uncertainty surrounding the US election results, government policy changes, and shifting economic conditions. US equities, particularly small-cap stocks, rallied following Donald Trump’s re-election and the Republican party’s strengthened position in Congress. Growth stocks slightly…
(Bloomberg) — A selloff in the world’s largest technology companies hit stocks in the final stretch of a stellar year. Most Read from Bloomberg In another session of slim trading volume — which tends to amplify moves — the S&P…
Stocks fell in early trading Friday as the Santa Clause rally that kicked off earlier in the week loses steam. The Dow Jones Industrial Average was down 0.7% about 45 minutes after the opening bell, while the S&P 500 and…
(Bloomberg) — Brazilian companies are buying back stocks at the fastest pace in almost two decades as higher interest rates sink the outlook for equities in Latin America’s largest economy. Most Read from Bloomberg Companies listed in the benchmark Ibovespa…
NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The year featured…
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. If you spent $1,000 on shares of Tesla at the start of 2024, you’d be sitting on nearly $1,700…