Latest Financial markets News

Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week

May. 17, 2024 17:36 PM EDT

NEW YORK (AP) — The Dow Jones Industrial Average finished a day above the 40,000 level for the first time on Friday as U.S. stock indexes drifted around their records while closing out their latest winning week. The Dow rose 134.21 points, or 0.3%, to 40,003.59, a day after briefly...

The Dow closed above 40,000 for the first time. The number is big but means little for your 401(k)

May. 17, 2024 16:54 PM EDT

NEW YORK (AP) — The Dow Jones Industrial Average just closed above 40,000 for the first time, the latest pop in what's been a surprisingly good year for Wall Street. But just like New Year's represents an arbitrary point in time in the Earth's revolution around the sun, such...

How major US stock indexes fared Friday, 5/17/2024

May. 17, 2024 16:51 PM EDT

U.S. stocks drifted to a mostly higher close on Wall Street, marking their fourth winning week in a row. The S&P 500 rose 0.1% Friday. The Dow Jones Industrial Average rose 0.3% to close above 40,000 points for the first time. It briefly traded above that level a day earlier. The Nasdaq...

Take-Two Interactive, RBC Bearings rise; Cracker Barrel, Flowers Foods fall, Friday, 5/17/2024

May. 17, 2024 16:15 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Snowflake Inc., down $3.18 to $161.86. The software company is reportedly in talks to buy Reka AI. Take-Two Interactive Software Inc., up $1.76 to $147.84. ...

Stock market today: Asian shares retreat after Wall St edges back from records

May. 16, 2024 23:44 PM EDT

Asian shares retreated on Friday after U.S. stocks edged back from their record heights, though the Dow Jones Industrial Average briefly topped 40,000 for the first time. U.S. futures fell and oil prices edged higher. Chinese stocks were little changed after...

How major US stock indexes fared Thursday, 5/16/2024

May. 16, 2024 16:26 PM EDT

U.S. stocks drifted to a mixed close near their record levels after the Dow Jones Industrial Average briefly topped the 40,000 level for the first time. The Dow ended with a loss of 0.1% Thursday. The S&P 500 index, which is much more widely followed on Wall Street, slipped...

Deere Q2 results top Street but it cuts 2024 profit outlook again as farmers buy fewer tractors

May. 16, 2024 08:36 AM EDT

Deere's fiscal second-quarter results beat Wall Street's expectations, but the company lowered its full-year profit forecast for a second time as farmers buy fewer tractors and other equipment as they deal with declining prices for their crops. Deere, which makes agricultural...

Stock market today: Asian shares advance after another round of Wall St records

May. 16, 2024 00:16 AM EDT

Asian shares advanced on Thursday after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction. The optimism came from a report showing U.S. consumers had to pay prices for gasoline, car insurance and everything else in April that were 3.4%...

Petco, Nextracker rise; Dlocal, AMC Entertainment fall, Wednesday, 5/15/2024

May. 15, 2024 16:15 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: Nextracker Inc., up $2.97 to $45.98. The solar energy equipment supplier beat Wall Street's fiscal fourth-quarter earnings forecasts. AMC Entertainment Holdings...

How major US stock indexes fared Wednesday, 5/15/2024

May. 15, 2024 16:15 PM EDT

U.S. stocks rallied to records on hopes that inflation is heading back in the right direction. The S&P 500 jumped 1.2% Wednesday to top its prior all-time high set in March. The Nasdaq composite added 1.4% to its own record set a day earlier, while the Dow Jones Industrial...