Latest Financial markets News

Stock market today: Wall Street rallies and adds to its hot start to the week

Apr. 23, 2024 12:30 PM EDT

NEW YORK (AP) — U.S. stocks are rallying Tuesday and adding to their hot start to the week. The S&P 500 was up 1.1% in afternoon trading to pull further out of the hole created by a six-day losing streak. The Dow Jones Industrial Average was up 240 points, or 0.6%, as of 12:24...

UnitedHealth says wide swath of patient files may have been taken in Change cyberattack

Apr. 23, 2024 11:55 AM EDT

UnitedHealth says files with personal information that could cover a “substantial portion of people in America” may have been taken in the cyberattack earlier this year on its Change Healthcare business. The company said Monday after markets closed that it sees no signs that...

PepsiCo beats Q1 revenue forecasts as price increases moderate

Apr. 23, 2024 09:57 AM EDT

PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages. The Purchase, New York-based company said revenue rose 2% to $18.3 billion for the January-April period. That was higher than the $18 billion Wall Street...

Invesco: Q1 Earnings Snapshot

Apr. 23, 2024 07:06 AM EDT

ATLANTA (AP) — ATLANTA (AP) — Invesco PLC (IVZ) on Tuesday reported first-quarter profit of $200.7 million. On a per-share basis, the Atlanta-based company said it had net income of 31 cents. Earnings, adjusted for one-time gains and costs, were 33 cents per share. ...

Quest Diagnostics: Q1 Earnings Snapshot

Apr. 23, 2024 06:53 AM EDT

SECAUCUS, N.J. (AP) — SECAUCUS, N.J. (AP) — Quest Diagnostics Inc. (DGX) on Tuesday reported first-quarter earnings of $194 million. The Secaucus, New Jersey-based company said it had profit of $1.72 per share. Earnings, adjusted for amortization costs and restructuring costs,...

Novartis: Q1 Earnings Snapshot

Apr. 23, 2024 05:04 AM EDT

BASEL, Switzerland (AP) — BASEL, Switzerland (AP) — Novartis AG (NVS) on Tuesday reported first-quarter profit of $2.69 billion. The Basel, Switzerland-based company said it had net income of $1.31 per share. Earnings, adjusted for non-recurring costs, were $1.80 per share. ...

Stock market today: Asian stocks track Wall Street gains ahead of earnings reports

Apr. 23, 2024 00:31 AM EDT

HONG KONG (AP) — Asian benchmarks extended gains Tuesday after U.S. stocks clawed back a chunk of their losses from last week, which was the worst for the S&P 500 in more than a year, while the yen weakened further to fresh 34-year lows. U.S. futures were mixed and oil prices...

How major US stock indexes fared Monday, 4/22/2024

Apr. 22, 2024 16:21 PM EDT

U.S. stocks have clawed back some of their losses from last week. The S&P 500 rose 0.9% Monday to recover more than a quarter of last week’s rout. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite jumped 1.1%. Technology stocks led the way as...

Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week

Apr. 19, 2024 17:37 PM EDT

NEW YORK (AP) — The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street on Friday across the finish line of another losing week. The S&P 500 dropped 0.9% to close out its third straight losing week. That’s its longest such streak since...

How major US stock indexes fared Friday, 4/19/2024

Apr. 19, 2024 16:20 PM EDT

The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street across the finish line of another losing week. The S&P 500 fell 0.9% Friday to close out its third straight losing week. The Nasdaq composite tumbled 2%. The Dow Jones Industrial Average,...