The S&P 500 and Nasdaq swung between gains and losses on Monday as markets absorbed a sharp sell-off in precious metals at the start of a week of corporate earnings and major economic data.Gold fell as much as 6% and silver tumbled 10% before recouping some losses after commodity exchange CME Group raised margin requirements […]
U.S. stocks fell on Friday after President Donald Trump nominated former Fed Governor Kevin Warsh to lead the U.S. central bank, a decision many investors see as an aggressive choice.Investors expect Warsh to support lower interest rates, but falls far short of more aggressive monetary policy easing associated with some of the other potential nominees. […]
U.S. stock prices fell on Friday, putting Wall Street’s major indexes on track for a second straight weekly decline as Intel tumbled on a bleak outlook and ongoing geopolitical tensions sapped risk appetite.Stocks have recovered over the past two sessions after Tuesday’s sharp sell-off, triggered by US President Donald Trump’s threats to impose tariffs on […]
Stocks rose on Thursday after President Donald Trump backtracked on threats to hit key European countries with tariffs over their opposition to a US takeover of Greenland.Gains were also fueled by a rise in technology stocks, as artificial intelligence trading was back in the spotlight after the head of top AI chipmaker Nvidia said the […]
Major Wall Street banks are pushing back on some of President Donald Trump’s ideas for lowering America’s cost of living ahead of the midterm elections, while proposing others in an effort to shape policy, sources familiar with the discussions said.Wall Street has cast doubt on the effectiveness of some of Trump’s proposals to improve affordability, […]
Wall Street’s major indexes were higher on Friday as chipmakers returned to the wheel in a volatile week that also marked the start of fourth-quarter earnings season.Memory chip makers led the gains, with Micron, Seagate Technology and SanDisk rising between 2% and 7%, building on their torrid 2025 rallies. The iShares Semiconductor ETF gained 2.1% […]
Wall Street’s major indexes rebounded Thursday after a two-day slide, thanks to a chip-led rally fueled by TSMC’s blockbuster results, as investors sifted through earnings from Morgan Stanley and Goldman Sachs to wrap up the big banks’ reporting season.Chip stocks like Nvidia rose 2%, while Broadcom and Micron rose 1.4% and 1.9%, respectively. Chip manufacturers […]
Wall Street’s major indexes fell for a second straight day as investors analyzed results from Bank of America and Citigroup, while data on retail sales and producer prices failed to shake expectations for interest rate cuts later this year.Shares of Bank of America fell 3.5% even as the lender beat quarterly profit expectations, while Wells […]
The S&P 500 and Nasdaq held steady Tuesday after a largely in-line inflation report kept expectations of rate cuts this year, while investors weighed mixed quarterly results from JPMorgan and Delta Air Lines.Excluding volatile food and energy components, U.S. consumer prices rose 0.2% in December from the previous month, softer than economists’ forecast of a […]
Wall Street’s major indexes rose on Friday after a weaker-than-expected jobs report kept bets on US interest rate cuts intact.A Labor Department report shows nonfarm payrolls rose by 50,000 in December, compared with an estimated increase of 60,000 according to economists polled by Reuters. The unemployment rate fell to 4.4%, slightly below the expected 4.5%. […]