Latest Financial markets News
Stock market today: Wall Street rises to close its latest record-setting week as banks jump
NEW YORK (AP) — U.S. stocks rose to records Friday as big banks rallied following a run of reassuring profit reports. The S&P 500 climbed 0.6% to top its all-time high set earlier in the week and close out its fifth straight winning week, while the Dow Jones Industrial Average...
How major US stock indexes fared Friday, 10/11/2024
U.S. stocks closed at more all-time highs as JPMorgan Chase, Wells Fargo and other big financial companies rallied following better-than-expected profit reports. The S&P 500 rose 0.6% Friday, topping its all-time high set earlier this week. The Dow Jones Industrial Average jumped...
JPMorgan sets aside more money for potential bad loans but says consumers are on 'solid footing'
NEW YORK (AP) — JPMorgan's net income fell 2% in the third quarter as the bank had to set aside more money to cover bad loans, but the results topped Wall Street estimates and shares rose in morning trading. Net income fell to $12.9 billion from $13.2 billion in the year-ago...
BlackRock Finance: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — BlackRock Finance, Inc. (BLK) on Friday reported third-quarter earnings of $1.63 billion. On a per-share basis, the New York-based company said it had profit of $10.90. Earnings, adjusted for one-time gains and costs, were $11.46 per share. ...
Stock market today: Wall Street edges back from its records
NEW YORK (AP) — U.S. stocks edged back from their records Thursday after reports showed inflation was a touch warmer last month than expected and more workers filed for unemployment benefits last week. The S&P 500 slipped 0.2%, and the Dow Jones Industrial Average dipped 57...
How major US stock indexes fared Thursday, 10/10/2024
U.S. stocks edged back from their record highs. The S&P 500 slipped 0.2% Thursday. The Dow Jones Industrial Average fell 0.1% after likewise setting an all-time high the day before, and the Nasdaq composite fell 0.1%. Delta Air Lines fell after reporting weaker...
Stock market today: Wall Street sets more records after Shanghai's worst drop since early COVID
NEW YORK (AP) — U.S. stocks set records Wednesday after the latest wild swerves for Chinese stocks left few ripples in markets worldwide. The S&P 500 rose 0.7% to top the all-time high it had set last week. The Dow Jones Industrial Average climbed 431 points, or 1%, to hit...
How major US stock indexes fared Wednesday, 10/9/2024
U.S. stocks set more record highs after the latest wild swerves for Chinese stocks left few ripples in markets worldwide. The S&P 500 rose 0.7% Wednesday and beat the all-time high it set last week. The Dow Jones Industrial Average added 1%, and likewise set its own record. The...
Stock market today: Wall Street rebounds after Hong Kong stocks fall to worst day since 2008
NEW YORK (AP) — U.S. stocks rebounded Tuesday after falling oil prices released some of the pressure that built up on the market. The S&P 500 rallied 1% to claw back all of its loss from the day before. The Dow Jones Industrial Average rose 126 points, or 0.3%, and likewise...
How major US stock indexes fared Tuesday, 10/8/2024
U.S. stocks rebounded as falling oil prices release some of the pressure that built up on the market. The S&P 500 rose 1% Tuesday and clawed back its loss from the day before. The Dow Jones Industrial Average added 0.3%, while the Nasdaq composite climbed 1.4% as Big Tech stocks...
