Stock market today: Wall Street’s best week of 2024 closes with indexes near their records

NEW YORK (AP) — U.S. stocks closed out their best week of the year with more gains on Friday and climbed to the cusp of their records. The S&P 500 rose 0.5% for a fifth straight gain and is just 0.7% below its all-time high set in July. Rallies for Microsoft, Broadcom and other...

How major US stock indexes fared Friday, 9/13/2024

U.S. stocks rose closer to their records and closed out their best week of the year as hopes built for a big rate cut next week. The S&P 500 rose 0.5% Friday to climb within 0.7% of its all-time high reached in July. The Dow Jones Industrial Average added 0.7%, and also traded...

Wall Street closes out its best week of the year as hopes build for a big rate cut from the Federal Reserve

Stock market today: Wall Street climbs closer to its record high

NEW YORK (AP) — U.S. stocks pulled closer to their records on Thursday following a couple reports on the economy that came in close to expectations. The S&P 500 rose 0.7% and climbed back within 1.3% of its record set in July following a shaky summer. It remains on track for a...

How major US stock indexes fared Thursday, 9/12/2024

U.S. stocks rose closer to their all-time highs following a couple reports on the economy that came in close to expectations. The S&P 500 climbed 0.7% Thursday and pulled back within 1.3% of its record set in July. The Dow Jones Industrial Average gained 0.6%, and the Nasdaq...

Moderna lays out plan to slice research and development spending

Shares of Moderna tumbled early Thursday after the vaccine developer said it was cutting research and development spending and pushed back its time frame for breaking even. The company also forecast a 2025 revenue range that fell below Wall Street expectations. Moderna...

Freshly squeezed: Savers already feeling the pain ahead of likely start to Fed rate cuts

NEW YORK (AP) — This week the Federal Reserve is likely to cut its main interest rate for the first time in more than four years. It's a momentous move, but savers have been feeling the squeeze for months. Financial markets and banks try to get ahead of such moves by the Fed, and...

Stock market today: Wall Street storms back from an early slide thanks to Nvidia and Big Tech

NEW YORK (AP) — U.S. stock indexes stormed back from big early drops on Wednesday to finish higher, led by a handful of influential Big Tech companies. The S&P 500 rallied 1.1% after erasing a morning wipeout of 1.6%, one where almost every stock within the index had been...

How major US stock indexes fared Wednesday, 9/11/2024

U.S. stock indexes stormed back from big early drops to finish higher, led by a handful of highly influential Big Tech companies. The S&P 500 gained 1.1% Wednesday after erasing a morning wipeout of 1.6%. A majority of the index’s stocks still finished lower for the day, but...

Stock market today: Wall Street drifts as Oracle soars and banks and oil slump

NEW YORK (AP) — U.S. stocks drifted to a mixed finish on Tuesday following several weeks of sharp swings. The S&P 500 rose 0.4% to pull within 3% of its record set in July. It flipped between small gains and losses through the day, but the moves were nothing like its careens...