Stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. The losses were made worse by sharp declines for the Big Tech stocks known as the ''Magnificent 7'', ...
Weekly applications for jobless benefits are considered a proxy for layoffs. Also Thursday, U.S. financial markets re-open for the first trading day of 2025. U.S. stocks could be hard pressed to ...
In a quiet week for economic data, Wall Street’s focus shifted to the possibility of witnessing a "Santa Rally," the seasonal ...
Despite Friday's drop, the market is moving closer to another standout annual finish. The S&P 500 is on track for a gain of around 25 percent in 2024. That would mark a second consecutive yearly gain ...
Holiday spending surged, but returns are expected to hit 17% of U.S. merchandise sales, totaling $890 billion, highlighting ...
After a stellar run to record highs following the November U.S. election, which sparked hopes of pro-business policies under President-elect Donald Trump, Wall Street’s rally hit a bump this month as ...
Wall Street's main indexes all closed higher on Tuesday, with gains in megacap and growth stocks bolstering benchmarks in a ...
The groups said they did not want to kill the stress testing program, which provides an annual bill of health to the nation’s ...
Few major catalysts are expected to drive market sentiment, with trading volumes expected to be light in the final days of ...
Asian markets are mixed after stocks on Wall Street shook off a choppy start to finish higher on Monday, as it kicked off a ...
Treasury yields and the dollar remain strong after a below-expectations November durable goods orders report. The Census Bureau reported a 1.1% decline in orders, following a revised 0.8% increase in ...