The move has puzzled Wall Street, as it comes as the outlook for the economy has improved and inflation has generally cooled.
The Dow Jones Industrial Average dropped 240.52 points, or 0.6%, from its record to 39,566.85 ... Following the manufacturing data, traders on Wall Street briefly trimmed bets on the first ...
Wall Street slipped a bit further from its record heights on Tuesday. The S&P 500 fell 14.61 points, or 0.3%, to 5,203.58 for its third straight modest drop since setting an all-time high.
But gains have been widely distributed across the sector’s sub-industries, from exploration and production to equipment and services. As of Thursday’s close, only three of the 23 stocks in the S&P 500 ...
The price of cocoa recently reached an all-time high, nearly quadrupling over the past year. While that sounds like a sweet ...
The focus on earnings comes at a time when the rally in US stocks has been derailed by a jump in bond yields. After notching ...
BANGKOK (AP) — Asian shares were mixed on Wednesday after Wall Street slipped a bit further from its record highs. Oil prices fell while U.S. futures edged higher. Chinese shares slipped even as ...
Wall Street pointed higher early Monday as markets ... The Dow Jones Industrial Average ticked up 0.1% to 39,807.37 and likewise set a record. The Nasdaq composite dipped 0.1% to 16,379.46.
A bit of a slowdown would be welcome on Wall Street, where the hope is that the economy remains solid but doesn’t get so strong that it puts upward pressure on inflation. Inflation is lower than ...