Latest Stock prices News

Stocks lose more ground on fears a recession may be looming

Oct. 07, 2022 17:34 PM EDT

NEW YORK (AP) — Good news on the economy remains bad news for Wall Street, as stocks fell sharply Friday on worries a still-strong U.S jobs market may actually make a recession more likely. The S&P 500 ended 2.8% lower after briefly dropping 3.3% as traders weighed a government...

Asian stock markets fall ahead of US employment update

Oct. 06, 2022 23:51 PM EDT

BEIJING (AP) — Asian shares followed Wall Street lower Friday ahead of U.S. jobs data investors hope will persuade the Federal Reserve to ease off plans for more interest rate hikes. Tokyo and Hong Kong, the region's biggest markets, retreated. Chinese markets were closed for a...

How major US stock indexes fared Thursday 10/6/2022

Oct. 06, 2022 16:28 PM EDT

Stocks closed lower again on Wall Street but still managed to hold on to sizable gains for the week. The S&P 500 fell 1% Thursday. The Dow Jones Industrial Average lost a bit more than 1% and the Nasdaq gave back 0.7%. Bond yields moved higher. Investors were...

Hot inflation slows 3Q earnings growth forecasts

Oct. 06, 2022 08:12 AM EDT

Wall Street expects the latest round of quarterly profits to show burn marks from the hottest inflation in four decades, and the damage could linger into 2023. Analysts have been trimming their forecasts, especially in the retail and communications sectors, as inflation drives up...

How major US stock indexes fared Wednesday 10/5/2022

Oct. 05, 2022 16:23 PM EDT

Stocks ended slightly lower on Wall Street as a gangbuster two-day rally ran out of gas. The S&P 500 ended 0.2% lower Wednesday after briefly heading into the green late in the day. Its early rally this week was the biggest since the spring of 2020, spurred in part by hopes a...

Hong Kong shares soar 5%, leading Asian market gains

Oct. 05, 2022 01:13 AM EDT

TOKYO (AP) — Hong Kong’s share benchmark soared more than 5% on Wednesday as Asian shares tracked gains on Wall Street. New Zealand’s share benchmark rose 0.7% after its central bank hiked its benchmark interest rate to 3.5%, saying inflation remained too high and labor...

How major US stock indexes fared Tuesday 10/4/2022

Oct. 04, 2022 16:50 PM EDT

Stocks rose sharply again on Wall Street and clawed back more of the ground they lost in a miserable several weeks. The S&P 500 rose 3.1% Tuesday. The benchmark index has been rallying since hitting its lowest point of the year on Friday to close out a September slump. Other...

Twitter shares 22% higher at closing bell, biggest gain since April 4 when Musk disclosed huge stake in Twitter

Oct. 04, 2022 16:15 PM EDT
NEW YORK (AP) — Twitter shares 22% higher at closing bell, biggest gain since April 4 when Musk disclosed huge stake in Twitter.

Asian shares rise after 'relief rally' on Wall Street

Oct. 04, 2022 00:07 AM EDT

TOKYO (AP) — Asian shares rose Tuesday, encouraged by a rally in U.S. shares after some weak economic data raised hopes that the Federal Reserve might ease away from aggressive interest rate hikes. Japan's benchmark Nikkei 225 added 2.3% in morning trading to 26,811.08. Australia's...

How major US stock indexes fared Monday 10/3/2022

Oct. 03, 2022 16:18 PM EDT

Wall Street rallied to its best day since late July as falling bond yields eased some of the pressure that’s battered markets. The S&P 500 rose 2.6% Monday, the latest swing for a scattershot market that’s been mostly falling this year on worries about a possible global...