Latest Financial markets News

Stock market today: Wall Street drifts ahead of the Federal Reserve's rate decision

Dec. 18, 2024 11:06 AM EST

NEW YORK (AP) — U.S. stock indexes are drifting higher Wednesday as Wall Street waits for an announcement from the Federal Reserve that could guide its direction into next year. The S&P 500 rose 0.3% to inch closer to its all-time high set earlier this month. The Dow Jones...

Ontario's premier says Trump's tariffs would be a disaster for US markets

Dec. 18, 2024 10:27 AM EST

TORONTO (AP) — The premier of Canada's most populous province said Tuesday President-elect Donald Trump's plan to impose sweeping 25% tariffs on all Canadian products would be a "disaster" that would hurt U.S. stock markets. Ontario Premier Doug Ford also said in an interview with...

UK inflation increase solidifies expectations interest rates will be kept on hold

Dec. 18, 2024 03:39 AM EST

LONDON (AP) — Inflation in the U.K. rose to its highest level in eight months during November, official figures showed Wednesday, a development that has cemented market expectations that the Bank of England will opt against cutting borrowing costs this week. The Office for National...

Stock market today: Wall Street trims its stellar gains as Nvidia's star dims again

Dec. 17, 2024 17:35 PM EST

NEW YORK (AP) — U.S. stock indexes pulled back on Tuesday to trim some of their stellar gains for the year. The S&P 500 slipped 0.4%, though it’s still near its all-time high set earlier this month. The Dow Jones Industrial Average dropped 267 points, or 0.6%, and the Nasdaq...

How major US stock indexes fared Tuesday, 12/17/2024

Dec. 17, 2024 16:27 PM EST

U.S. stock indexes closed lower and gave back some of their stellar gains for the year. The S&P 500 fell 0.4% Tuesday, though it’s still near its all-time high set earlier this month. The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite fell 0.3% from its...

Why is tech giant SoftBank investing over $100 billion in the US?

Dec. 17, 2024 05:50 AM EST

BANGKOK (AP) — Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States over the coming four years. Trump said the investments in building artificial...

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve's meeting

Dec. 16, 2024 17:11 PM EST

NEW YORK (AP) — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. The S&P 500 rose 0.4%, coming off its first losing week in the last four. The Nasdaq...

How major US stock indexes fared Monday, 12/16/2024

Dec. 16, 2024 16:38 PM EST

U.S. stock indexes drifted through mixed trading ahead of a meeting by the Federal Reserve later this week that could set Wall Street’s direction into next year. The S&P 500 rose 0.4% Monday. The Dow Jones Industrial Average slipped 0.3%, and the Nasdaq composite rose 1.2% to...

Stock market today: Wall Street ends mixed after a bumpy week

Dec. 13, 2024 16:32 PM EST

Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The S&P 500 ended essentially flat, down less than 0.1%, after wavering between tiny gains and losses most of the day. The benchmark index posted a loss for the week,...

How major US stock indexes fared Friday, 12/13/2024

Dec. 13, 2024 16:31 PM EST

Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. The S&P 500 ended little changed Friday. The benchmark index reached its latest in a string of records a week ago. It lost ground for the week following three weeks of gains. The Dow Jones Industrial...