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The major averages closed higher in a volatile trading session as traders bet that the Federal Reserve may be nearing the end of its rate hiking cycle. The Dow Jones Industrial Average rose 75 points, or 0.23%, after climbing up as much as 481.38 points and then fell nearly 200... Read More
The major averages tumbled on Wednesday as the Federal Reserve continued hiking rates, while at the same time acknowledging turmoil in the banking sector could slow the already fragile economy. Regional bank shares led the slide. The Dow Jones Industrial Average fell 530 points, or 1.63%, closing at 32,030. The... Read More
The major averages are higher as traders tried to add to a rally from the previous session that was sparked by hope that the banking turmoil would be contained. The Dow Jones Industrial Average is set to gain 284 points. The S&P 500 is higher by 32 points while the... Read More
The major averages rose today as traders grew hopeful that a crisis in the banking sector may be easing. The gains followed a forced takeover of Credit Suisse by UBS engineered by the Swiss government.The Dow Jones Industrial Average jumped 382 points, or 1.20%, to close at 32,244. The... Read More
Happy St Patrick's Day.The major averages pulled back once again as First Republic and other bank shares amid lingering concerns over the state of the U.S. banking sector. The Dow Jones Industrial Average lost 384.57 points, or 1.19%, to close at 31,861.98 points. The S&P 500 slid 1.10% to end... Read More
The major averages rose sharply on Thursday as Wall Street grew increasingly optimistic after a group of banks said it would aid First Republic Bank amid the industry's crisis. The Dow Jones Industrial Average index added 371.98 points, or 1.17%, to close at 32,246.55 points. The S&P 500 gained 1.76%... Read More
The major averages closed mixed and off the lows as more financial concerns arose, this time from foreign firm, Credit Suisse. The Dow Jones Industrial Average ended down 280.83 points, or 0.87% at 31,874. The S&P 500 dropped 27 points or 0.7% to 3,891 while the Nasdaq Composite was up... Read More
The major averages rose sharply Tuesday as investors bet the risk of contagion following the closures of Silicon Valley Bank and Signature Bank has been contained. The Dow Jones Industrial Average ended up 336 points, or 1.06% to 32,155, snapping a five-day losing streak. The S&P 500 added 64 points... Read More
The major averages closed mixed as a plan to backstop all the depositors in failed Silicon Valley Bank, along with other extraordinary measures, failed to boost bank shares or the overall markets. The Dow Jones Industrial Average lost 90 points, or 0.28%, to close at 31,819. The 30-stock index, which... Read More
The major averages tumbled Friday as tech-focused lender Silicon Valley Bank shut down following losses in its bond portfolio, prompting the biggest bank failure since the global financial crisis and sending shockwaves through the banking sector. The Dow Jones Industrial Average dropped for a fourth consecutive day, finishing down 345... Read More
The major averages took a hit, accelerating the losses in the final hour of trading Thursday as banks and other financials sold off, and investors braced for a key payroll report Friday that could set the direction of interest rates. The Dow Jones Industrial Average dropped 543 points, or 1.6%... Read More
The major averages closed mixed as traders processed fresh job market data and further comments from Federal Reserve Chairman Jerome Powell talking to Congress for a second day. The Dow Jones Industrial Average fell 58 points or 0.02%. The S&P 500 rose 5 points while the Nasdaq rose 45 points. These... Read More
The major averages sold off sharply Tuesday morning after comments from Federal Reserve Chair Jerome Powell suggested that rates may need to go higher for longer, fueling fears of a potentially larger hike at the central bank's next policy meeting. The Dow Jones Industrial Average shed 574 points, or about... Read More
The major averages sold off sharply Tuesday morning after comments from Federal Reserve Chair Jerome Powell suggested that rates may need to go higher for longer, fueling fears of a potentially larger hike at the central bank's next policy meeting. The Dow Jones Industrial Average shed 574 points, or about... Read More
The major averages closed mixed with the Dow notching its fourth straight up day even as bond yields inched higher and investors braced for a busy week of economic news. The Dow Jones Industrial Average rose 40 points. The S&P 500 gained 2 points while the Nasdaq Composite traded down... Read More
The major averages rose sharply on Friday as Treasury yields eased from their recent highs and investors weighed the cumulative impact from Fed hikes already implemented and digested this week's comments from the central bank. The Dow Jones Industrial Average rose 387 points, or 1.17%, to 33,390. The S&P 500... Read More
The major averages rose sharply in an afternoon rally as traders tried to shake off concerns over higher interest rates. The Dow Jones Industrial Average popped 341 points, or 1.05%, to close at 33,003. Salesforce boosted the Dow, rallying 11% on a strong quarter and forward guidance. The S&P 500... Read More
The major averages started the month of March with a whimper with the Dow Jones rising just 5 points while the S&P 500 is down 18 points or 0.47% while the Nasdaq dropped 76 points or 0.66%. Traders are struggling to recover their footing following a losing month while bond... Read More
The major averages fell on Tuesday to round out a tough month for the stock market. The Dow Jones Industrial Average fell about 232.39 points, or 0.7% to 32,656.70. The S&P 500 shed 0.3% to end the day at 3,970.15, and the Nasdaq Composite closed 0.1% lower at 11,455.54. Despite a... Read More
The major averages started the week recovering some ground following the worst week of the year on Wall Street. Investors also looked ahead to another big week in retail earnings. The Dow Jones Industrial Average gained 73.78 points to 32889. The S&P 500 rose 12 points or 0.31% to 3,982... Read More
The major averages fell sharply Friday, wrapping up their worst week of 2023, after the Federal Reserve's preferred inflation gauge showed a stronger-than-expected increase in prices last month. The Dow Jones Industrial Average fell by 336 points, or 1.0%, to end at 32,816. The S&P 500 dropped 1% to close... Read More
The major averages rose in another volatile trading day as investors remained concerned about the path of the Federal Reserve's rate hikes. The S&P 500 rose 21 points or 0.5%, while the Dow Jones Industrial Average gained 108 points, or 0.33%. The Nasdaq Composite rose 83 points or 0.7%. The... Read More
The major averages closed mixed following the worst day of the year on Tuesday. Stocks fell Wednesday as traders parsed through a summary of the Federal Reserve's most recent meeting, looking for clues on the central bank's next move against inflation. The Dow Jones Industrial Average dropped 83 points, or... Read More
The major averages had their worst day of the year as higher rates continue to pressure market sentiment, and the latest batch of retail earnings raised concern about the state of the consumer. The Dow Jones Industrial Average dropped 696 points, or 2.0%, its worst downturn since Dec. 15, when... Read More
The major averages closed mixed on Friday as stubbornly high inflation and a rebound in rates continue to weigh on investor sentiment. The Dow Jones Industrial Average rose 129.84 points, or 0.39% to end at 33,826. The 30-stock index rallied from lows of the day boosted by shares of Amgen... Read More
The major averages are sharply lower as traders digested another hot inflation report along with jobless claims showing the economy is holding up amid the Federal Reserve's rate hikes. The Dow Jones Industrial Average shed 277 points, or 0.81%. The S&P 500 is down 46 points while the Nasdaq is... Read More
The major averages are lower to start the day as investors mulled the latest retail sales report, which came in higher than expected, after the release of January's hotter-than-anticipated consumer price index Tuesday. The Dow Jones Industrial Average is down 150 points to start the day. The S&P 500 is... Read More
The major averages closed mixed with the Dow reversing earlier gains, after the January consumer price index report showed that inflation grew at higher-than-expected 6.4% annual rate. The Dow Jones Industrial Average slipped 156 points, or 0.45%, to close at 34,089. The S&P 500 fell a point to 4,136. The... Read More
The major averages surged on Monday as traders looked ahead to Tuesday's key inflation report, regaining their footing after the S&P 500 and Nasdaq Composite suffered their worst weekly declines in nearly two months. The Dow Jones Industrial Average closed 376 points higher, or 1.11%, to end the session at... Read More
The major averages closed mixed with the S&P 500 eking out a narrow gain in Friday's session but still had the worst week in nearly two months. The broad index closed up 8 points while the Nasdaq Composite slipped 71 points or 0.6%. The Dow Jones Industrial Average rose 169... Read More
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