Latest Financial markets News
Stock market today: Wall Street hits 2023 high as it mulls whether economy is too warm or just right
NEW YORK (AP) — Wall Street climbed back to its best level in 20 months on Friday following a stronger-than-expected report on the U.S. job market. The S&P 500 rose 0.4%, enough to clinch a sixth straight winning week for the index, which is its longest such streak in four...
How major US stock indexes fared Friday, 12/8/2023
Stocks pushed higher on Wall Street, leaving the market with its sixth weekly gain in a row. That’s the longest such winning streak in four years. The gains Friday came after a report showed the job market isn’t slowing as much as expected. The S&P 500, the Dow and the Nasdaq...
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Cooper Companies Inc., down $9.95 to $335. The contact lens products maker gave investors a weak profit forecast for its fiscal year. RH, down $39.39 to $242.01. ...
Honeywell is buying Carrier Global's security division for $4.95 billion
Honeywell is buying Carrier Global Corp.'s security division for $4.95 billion as it looks to strengthen its building automation capabilities. Carrier Global's Global Access Solutions business provides advanced access and security solutions, electronic locking systems, and...
Stock market today: Wall Street rises ahead of Friday's jobs report to snap a 3-day losing streak
NEW YORK (AP) — Wall Street rose Thursday to snap its first three-day losing streak since Halloween. The S&P 500 climbed 36.25 points, or 0.8%, to 4,585.59. The Dow Jones Industrial Average added 62.95, or 0.2%, to 36,117.38, and the Nasdaq composite jumped 193.28, or 1.4%, to...
How major US stock indexes fared Thursday, 12/7/2023
Wall Street closed higher following its first three-day losing streak since Halloween. The S&P 500 rose 0.8% Thursday and continued to hang near its highest level since March 2022. The Dow Jones Industrial Average rose 0.2%, and the Nasdaq composite added 1.4%. ...
JetBlue Airways, Semtech rise; Duckhorn, Chewy fall, Thursday, 12/7/2023
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: Cerevel Therapeutics Holdings Inc., up $4.20 to $41.13. AbbVie is buying the developer of treatments for schizophrenia and other neuroscience diseases. Veeva...
PSG sells minority stake to US firm Arctos Partners
Paris Saint-Germain owner Qatar Sports Investments agreed to sell a minority stake to U.S. private equity platform Arctos Partners on Thursday. Financial terms of the deal were not disclosed by the French league club. Arctos will own up to 12.5% of the club, valuing PSG at between 4...
Inflation eased in 2023. That's giving investors hope for a gentler Federal Reserve next year
NEW YORK (AP) — Inflation gradually loosened its grip on Wall Street and the economy in 2023, raising hopes for a gentler Federal Reserve and solid gains for the market next year. Stocks rallied to their best month of the year in November as investors raised their bets that the Fed...
Stock market today: Asian shares slide after retreat on Wall Street as crude oil prices skid
BANGKOK (AP) — Shares fell Thursday in Asia after a retreat on Wall Street as crude oil prices slipped on expectations that supply might outpace demand. Benchmarks fell more than 1% in Tokyo, Hong Kong and Bangkok. On Wednesday, the S&P 500 fell 0.4% in its third straight loss...
