Latest Stock markets News

Wall Street roars after inflation cools more than expected

Aug. 10, 2022 11:23 AM EDT

NEW YORK (AP) — Wall Street roared Wednesday after inflation cooled more than expected last month, sparking speculation the Federal Reserve may not have to be as aggressive about hiking interest rates as feared. The S&P 500 was 1.9% higher amid a widespread rally that launched...

Asian stocks fall ahead of US inflation

Aug. 10, 2022 00:25 AM EDT

BEIJING (AP) — Asian stocks followed Wall Street lower Wednesday ahead of U.S. inflation data that traders worry will show upward pressure on prices still is too strong for the Federal Reserve to ease off interest rate hikes. Shanghai, Tokyo, Hong Kong and Seoul declined. Oil...

How major US stock indexes fared Tuesday 8/09/2022

Aug. 09, 2022 16:25 PM EDT

Stocks are closing lower on Wall Street as disappointing earnings reports weighed on technology and travel companies. The S&P 500, the Dow Jones Industrial Average and the Nasdaq fell. Chipmaker Micron Technology fell after warning investors that revenue could fall short of...

Asian shares mostly decline on global technology downturn

Aug. 08, 2022 23:57 PM EDT

TOKYO (AP) — Asian shares mostly declined Tuesday amid a global fall in technology shares, including Japan's SoftBank, which has reported hefty losses caused by the market downturn. Such worries are coming on top of concerns about inflation and what central banks might do to curb...

How major US stock indexes fared Monday 8/08/2022

Aug. 08, 2022 16:24 PM EDT

Stocks closed flat on Wall Street as investors prepare for a busy week of updates on inflation. The S&P 500 gave up early gains and closed lower. The Dow Jones Industrial Average edged higher and the Nasdaq fell slightly. Small-company stocks outpaced the broader market in a...

Liz Weston: 3 ways to fight inflation and win the long game

Aug. 08, 2022 07:27 AM EDT

Inflation is scary. Groceries, gas, airfare, car purchases, utilities : In so many areas, your buying power is shrinking as prices continue to rise. Fear can make you want to do something — anything! — to fight back. Thankfully, many of the best moves to counteract inflation...

Asian stocks mixed after US job gain paves way for rate hike

Aug. 08, 2022 00:06 AM EDT

BEIJING (AP) — Asian stocks were mixed on Monday after strong U.S. jobs data cleared the way for more interest rate hikes and China reported its exports rose by double digits. Shanghai and Tokyo advanced while Hong Kong and Seoul retreated. Oil prices edged higher. ...

Wall Street falls as jobs data suggests Fed hikes not over

Aug. 05, 2022 16:50 PM EDT

NEW YORK (AP) — Stock indexes closed mostly lower Friday after a roller-coaster day following a blockbuster report on the U.S. jobs market that offered both good and bad news for Wall Street. The benchmark S&P 500 ended just 0.2% lower after recovering from an early slide as...

How major US stock indexes fared Friday 8/05/2022

Aug. 05, 2022 16:26 PM EDT

Stocks are closing mostly lower Friday after new data on the hot U.S. jobs market suggested the Fed won’t soon rein in its aggressive rate hikes. The S&P 500 and the Nasdaq fell, while the Dow Jones industrials notched a small gain. Employers unexpectedly...

Asian stock markets rise ahead of US jobs data

Aug. 04, 2022 23:50 PM EDT

BEIJING (AP) — Asian stock markets rose Friday ahead of an update on the health of the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation. U.S. futures and oil prices edged higher. Investors were looking...