Latest Stock markets News
Wall Street's momentum swings back as stocks, yields tick up
NEW YORK (AP) — Stocks are ticking higher on Wall Street Tuesday, recovering some of last week’s losses to pull closer to their record highs. The S&P 500 was up 0.5% in late morning trading and back within 1% of its record set earlier this month. The Dow Jones Industrial Average was up 114...
World shares subdued despite strong growth data from China
Stock markets got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year. Shares fell in London and Tokyo on Monday but advanced in Hong Kong, Paris and Shanghai. Most U.S. markets are closed for a national holiday. Investors appear to...
How major US stock indexes fared Friday
Wall Street dropped again Friday to close out its first losing week in three after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline. Stocks of companies that most need a healthier economy took some of the sharpest losses. Treasury yields also...
Stocks fall as economic pain deepens, rally runs out of gas
NEW YORK (AP) — Wall Street closed out its first losing week in three with another drop on Friday after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline. The S&P 500 fell 27.29, or 0.7%, to 3,768.25, with stocks of companies that...
Asian shares mixed following Biden speech, Wall St retreat
Asian shares were mixed on Friday after a late slide in several Big Tech stocks left major indexes lower on Wall Street. U.S. futures were trading slightly lower after President-elect Joe Biden announced his plans to propose a $1.9 billion package to help along a recovery from the coronavirus pandemic. Biden...
Poshmark's shares soar in debut to public markets
NEW YORK (AP) — Shares of Poshmark Inc. more than doubled in their stock market debut Thursday, a testament to investor enthusiasm for the online marketplace for second-hand goods. The stock soared 141%, valuing the company at $7.4 billion. Late Wednesday, the initial public offering of 6.6 million shares...
How major US stock indexes fared Thursday
A late slide in several Big Tech stocks left major U.S. indexes lower Thursday, even as small-company stocks marched to another record high. The S&P 500 was weighed down by losses in Apple, Microsoft and other huge tech companies. Those losses outweighed gains in banks, industrials and other sectors. Treasury...
Asian shares mixed after lackluster day on Wall Street
Shares were mostly higher in Asia on Thursday after a lackluster day on Wall Street, where major indexes spent the day drifting up and down near their record highs. Benchmarks rose in Hong Kong, Tokyo and Sydney but fell in Shanghai. U.S. futures were trading slightly higher after the U.S. House of...
How major US stock indexes fared Wednesday
Major U.S. stock indexes closed mostly higher Wednesday, ending near the record highs they reached last week. Gains in several Big Tech companies, including Intel, Apple and Amazon, helped nudge the S&P 500 higher, even though most of the stocks in the index fell. Those gains outweighed losses in industrial,...
Asian stocks mixed after Wall St rebounds from uncertainty
BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rebounded, shrugging off uncertainty about a possible new attempt to impeach President Donald Trump over last week's attack on the U.S. Capitol. Tokyo, Australia and South Korea advanced while Shanghai was off by 0.1%. Hong Kong...
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