Latest Financial markets News

Barely a bear: Wall Street exits what turned out to be a fairly tame bear market

Jun. 08, 2023 17:40 PM EDT

NEW YORK (AP) — While it seemed scary and interminable, Wall Street's bear market last year was meeker than most. After the S&P 500 on Thursday closed at a level more than 20% above where it was in mid-October, Wall Street can give official dates for the birth and death of its...

The S&P 500 is in a bull market. Here's what that means and how long the bull might run

Jun. 08, 2023 17:32 PM EDT

The S&P 500 is now in what Wall Street refers to as a bull market, meaning the index has risen 20% or more from its most recent low. Here are some answers to questions about bull and bear markets: WHY IT IS CALLED A BULL MARKET? Wall Street’s...

Stock market today: Bulls run again on Wall Street as S&P 500 climbs 20% above October low

Jun. 08, 2023 17:09 PM EDT

NEW YORK (AP) — Stocks rose just enough Thursday for Wall Street to barrel into a new bull market as the S&P 500 keeps rallying off its low from last autumn. The index rose 0.6% to carry it 20% above a bottom hit in October. That means Wall Street’s main measure of health has...

How major US stock indexes fared Thursday 6/8/2023

Jun. 08, 2023 16:26 PM EDT

Stocks rose just enough for Wall Street to barrel into a new bull market Thursday as the S&P 500 keeps rallying off its low from last autumn. The index rose 0.6% to carry it 20% above a bottom hit in October. That means Wall Street’s main measure of health has climbed out of a...

GameStop, Oxford Industries fall; Greif, Graham rise, Thursday, 6/8/2023

Jun. 08, 2023 16:12 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial prices changes on Wall Street Thursday: GameStop Corp., down $4.67 to $21.44. The video game retailer fired CEO Matt Furlong and named Ryan Cohen executive chairman. Greif Inc., up $5.82 to...

Wall Street enters bull market as S&P 500 rises to close 20% above October low

Jun. 08, 2023 16:03 PM EDT
NEW YORK (AP) — Wall Street enters bull market as S&P 500 rises to close 20% above October low.

Toro: Fiscal Q2 Earnings Snapshot

Jun. 08, 2023 08:42 AM EDT

BLOOMINGTON, Minn. (AP) — BLOOMINGTON, Minn. (AP) — Toro Co. (TTC) on Thursday reported fiscal second-quarter earnings of $167.5 million. The Bloomington, Minnesota-based company said it had net income of $1.59 per share. Earnings, adjusted for non-recurring gains, were $1.58 per...

REV Group: Fiscal Q2 Earnings Snapshot

Jun. 08, 2023 07:09 AM EDT

BROOKFIELD, Wis. (AP) — BROOKFIELD, Wis. (AP) — REV Group, Inc. (REVG) on Thursday reported fiscal second-quarter net income of $14.2 million. On a per-share basis, the Brookfield, Wisconsin-based company said it had net income of 24 cents. Earnings, adjusted for one-time gains...

Stock market today: Asian shares slip following technology selloff on Wall Street

Jun. 08, 2023 00:46 AM EDT

TOKYO (AP) — Asian shares fell Thursday after heavy selling of big-name tech stocks pushed benchmarks lower on Wall Street. Markets declined across the region and U.S. futures also were lower. Oil prices retreated. The declines came despite a sharp upward revision...

GameStop: Fiscal Q1 Earnings Snapshot

Jun. 07, 2023 16:22 PM EDT

GRAPEVINE, Texas (AP) — GRAPEVINE, Texas (AP) — GameStop Corp. (GME) on Wednesday reported a loss of $50.5 million in its fiscal first quarter. On a per-share basis, the Grapevine, Texas-based company said it had a loss of 17 cents. Losses, adjusted for non-recurring costs, were...