Stock market today: Meta climbs and Microsoft falls as most stocks rise on Wall Street

NEW YORK (AP) — Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s most influential companies, but drops for Nvidia and Microsoft are keeping the market in check. The S&P 500 was up 0.3% in afternoon...

Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season. The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said...

U.S. economy grows solid 2.3% in October-December on eve of Trump return to White House, 2.8% in '24

WASHINGTON (AP) — A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration. The Commerce Department reported Thursday that gross domestic...

European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy

FRANKFURT, Germany (AP) — The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to navigate political turmoil in leading economies France and Germany. ...

Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump

WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue. ...

Stock market today: Wall Street slips after the Federal Reserve keeps interest rates steady

NEW YORK (AP) — U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. The S&P 500 fell 0.5% following the Fed’s widely expected decision....

How major US stock indexes fared Wednesday, 1/29/2025

U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September. The S&P 500 fell 0.5% Wednesday. The Dow Jones Industrial Average dipped 0.3%, and the Nasdaq composite fell 0.5%. Treasury yields held...

Federal Reserve leaves key rate unchanged as it awaits the impact of Trump's policies

Stock market today: Nvidia and other tech stocks win back some of Monday's sharp losses

NEW YORK (AP) — Rebounding tech stocks drove U.S. indexes higher Tuesday, a day after they tumbled on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it. The S&P 500 climbed 0.9% to claw back more than half of its earlier...

How major US stock indexes fared Tuesday, 1/28/2025

Rebounding tech stocks drove U.S. indexes higher a day after they tumbled on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it. The S&P 500 rose 0.9% Tuesday and clawed back more than half of its earlier drop. The Dow Jones...