Latest Financial markets News

Stock market today: Wall Street rises to the edge of records as its momentum keeps rolling

Jul. 15, 2024 17:25 PM EDT

NEW YORK (AP) — U.S. stocks ticked to the edge of records Monday as Wall Street’s momentum keeps driving it upward. The S&P 500 rose 15.87 points, or 0.3%, to 5,631.22 and finished just shy of its all-time high set last week. It’s coming off its 10th winning week in the...

How major US stock indexes fared Monday, 7/15/2024

Jul. 15, 2024 16:36 PM EDT

U.S. stocks ticked to the edge of records as Wall Street’s momentum keeps pushing it upward. The S&P 500 climbed 0.3% Monday but finished just shy of its all-time high set last week. The Dow Jones Industrial Average rose 0.5% to its own record, while the Nasdaq composite added...

Macy's, Burberry fall; Trump Media, Tesla rise, Monday, 7/15/2024

Jul. 15, 2024 16:33 PM EDT

Stocks that traded heavily or had substantial price changes on Monday: Trump Media & Technology Group Corp. (DJT), up $9.69 to $40.58. A federal judge dismissed the stolen documents case against Donald Trump just days after a weekend assassination attempt on the...

Macy's ends takeover talks with Arkhouse and Brigade citing lack of certainty over financing

Jul. 15, 2024 16:18 PM EDT

Macy's is terminating its monthslong buyout talks with two investment firms, citing a substandard offer and the lack of certainty over financing. In announcing the end of negotiations on Monday, Macy’s alleged that Arkhouse Management and Brigade Capital Management did not meet...

Closing prices for crude oil, gold and other commodities

Jul. 15, 2024 15:53 PM EDT

Benchmark U.S. crude oil for August delivery fell 30 cents to $81.91 per barrel Monday. Brent crude for September delivery fell 18 cents to $84.85 per barrel. Wholesale gasoline for August delivery fell 2 cents to $2.49 a gallon. August heating oil was unchanged at $2.51 a gallon....

Condos’ high-rising insurance premiums are a top issue in these legislative races

Jul. 15, 2024 11:51 AM EDT

Jillian Anderson was planning to make fighting crime in Waikiki the top issue in her campaign for a seat in the Hawaii House of Representatives. Then came the letter from her condo association announcing a 300% increase in insurance premiums, which would be passed on to owners through an...

Burberry appoints a new CEO as the fashion house warns it expects a first-half operating loss

Jul. 15, 2024 07:05 AM EDT

LONDON (AP) — British luxury fashion house Burberry said Monday it has appointed Joshua Schulman, formerly head of Michael Kors and Coach, as its new chief executive officer as the company warned it expected to record an operating loss in the first half of the year amid slumping retail sales. ...

China's Communist Party will signal its approach to the country's challenges at a meeting this week

Jul. 15, 2024 06:50 AM EDT

BEIJING (AP) — China's ruling Communist Party started a four-day meeting Monday that is expected to lay out a strategy for self-sufficient economic growth in an era of heightened national security concerns and restrictions on access to American technology. While the meeting...

Stock market today: Wall Street rolls to the edge of records as hopes remain for cuts to rates

Jul. 12, 2024 17:05 PM EDT

NEW YORK (AP) — U.S. stocks rose Friday after some mixed signals on big banks' profits and inflation did little to dent Wall Street's belief that easier interest rates are on the way. The S&P 500 climbed 0.6% to close its fifth winning week in the last six. The Dow Jones...

AT&T, Wells Fargo fall; Fastenal, Bank of New York Mellon rise, Friday, 7/12/2024

Jul. 12, 2024 16:23 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: AT&T Inc., down 5 cents to $18.81. Text and phone records of “nearly all” of the telecommunication giant's customers were downloaded to a third-party app during a data...