Latest Financial markets News
Stock market today: Wall Street drifts ahead of the Federal Reserve's rate decision
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
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
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
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
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?
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
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
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
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
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...