Wall Street’s major indexes hit record highs on Monday as expectations of a US-China trade deal fueled risk-taking at the start of a week dominated by Big Tech gains and a likely Federal Reserve rate cut. US President Donald Trump and China’s Xi Jinping will meet on Thursday to decide the framework for a deal […]
Wall Street hit record highs on Friday, buoyed by cooler inflation data that reinforced expectations of faster rate cuts from the Federal Reserve, while Intel’s upbeat earnings kept momentum alive in AI-related stocks. Softer-than-expected inflation for September reinforced expectations that the Fed will cut rates again next week. Traders brought forward their forecasts, now anticipating […]
Wall Street advanced Monday as investor concerns about the stability of regional banks eased, shifting attention to a wave of corporate earnings and a closely watched inflation report. Earnings season kicks into high gear this week, with Wall Street heavyweights including Tesla, Ford, GM, Netflix, Procter & Gamble, Coca-Cola, IBM and Intel set to report. […]
A months-long lull on Wall Street begins Friday, and U.S. stocks tumble after President Donald Trump threatened to raise tariffs on China even further. The S&P 500 fell 1.5% and was on track for its biggest loss since August 1. The Dow Jones Industrial Average was down 456 points, or 1%, as of 11:35 a.m. […]
Wall Street stocks retreated from their record highs early Thursday after Federal Reserve Chairman Jerome Powell failed to provide new policy signals, leaving investors to rely on older data to shape sentiment and markets digesting solid gains from Delta and PepsiCo amid a lack of economic data due to the government shutdown. US stocks have […]