Latest Stock indices and averages News

Stocks end lower, nearing but not quite in a bear market

May. 19, 2022 16:47 PM EDT

NEW YORK (AP) — Another volatile day on Wall Street ended with more losses for stocks Thursday, drawing the S&P 500 closer to its first bear market since the beginning of the pandemic. The index, a benchmark for many funds, fell 0.6% after easing off a deeper stumble. The...

How major US stock indexes fared Thursday

May. 19, 2022 16:41 PM EDT

Stocks ended another volatile day lower on Wall Street Thursday, bringing the market closer to its first bear market since the beginning of the pandemic. The S&P 500, the benchmark for many index funds, fell and is now down 18.7% from the record high it set early this year,...

A bear market may be on the horizon. Here’s what that means

May. 19, 2022 16:17 PM EDT

NEW YORK (AP) — Investors on Wall Street need a place to hide. The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear market. Rising interest rates, high inflation, the war in Ukraine and a slowdown in China’s economy have caused...

EXPLAINER: ESG investing and the debate surrounding it

May. 19, 2022 14:35 PM EDT

NEW YORK (AP) — Here's the latest sign ESG investing is now mainstream after starting as a niche corner of Wall Street: It's become the target of Republican politicians and billionaire Elon Musk amid the nation's cultural schism. To use an ESG approach is to consider a company's...

Asian shares track Wall Street's inflation-fueled retreat

May. 18, 2022 22:36 PM EDT

TOKYO (AP) — Shares dropped sharply in Asia on Thursday after a broad retreat on Wall Street triggered by dismal results from major retailer Target that renewed worries over the impact of high inflation. Hong Kong’s Hang Seng led the declines, dropping 3.1%, while Tokyo’s...

How major US stock indexes fared Wednesday

May. 18, 2022 16:48 PM EDT

Stocks closed sharply lower on Wall Street Wednesday as dismal results from Target renewed fears that inflation is battering U.S. companies. The S&P 500, the benchmark for many index funds, slumped. Target lost a quarter of its value, dragging other retailers down with it, after...

Asia stocks mixed after Wall St gain, Powell warns on rates

May. 17, 2022 23:33 PM EDT

BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rose and the Federal Reserve's chairman said it will raise interest rates further if needed to cool inflation. Shanghai and Hong Kong declined. Tokyo and Seoul advanced. Oil prices rose to stay above $110 per...

How major US stock indexes fared Tuesday

May. 17, 2022 16:33 PM EDT

Stocks rose steadily throughout the day and ended with broad gains as traders got back to buying again after a mostly miserable few weeks on Wall Street. Tech giants like Apple and Microsoft were among the biggest winners, and video game maker Take-Two Interactive jumped after...

Asian shares advance despite losses on Wall Street

May. 16, 2022 23:59 PM EDT

Shares advanced in Asia on Tuesday after another wobbly day on Wall Street extended a losing streak for markets. Hong Kong advanced nearly 2.5% and other regional benchmarks were moderately higher. Oil prices slipped. Signs of progress in China's effort to bring...

How major US stock indexes fared Monday

May. 16, 2022 16:25 PM EDT

Stocks ended another wobbly day mostly lower on Wall Street Monday, extending the market's losing streak. The S&P 500 gave up an afternoon gain and ended down 0.4%. The benchmark index is on a six-week losing streak. Tech companies were among the biggest losers,...