Latest Financial markets News

Stock market today: Meta climbs and Microsoft falls as most stocks rise on Wall Street

Jan. 30, 2025 13:23 PM EST

NEW YORK (AP) — Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s most influential companies, but drops for Nvidia and Microsoft are keeping the market in check. The S&P 500 was up 0.3% in afternoon...

Material sciences company Dow posts Q4 loss, says it's cutting 1,500 jobs, 4% of workforce

Jan. 30, 2025 11:15 AM EST

Dow Inc.'s fourth-quarter profits came in well below Wall Street expectations and the material sciences company said Thursday that it is slashing 1,500 jobs globally in an effort to cut costs as sales stagnate. The layoffs amount to about 4% of Dow's workforce, according to data firm...

Shell still reviewing moving listing away from London but not a live discussion

Jan. 30, 2025 09:18 AM EST

LONDON (AP) — Oil company Shell said Thursday that it was still mulling moving its stock market listing from London to New York. but that it wasn't a “live discussion” at the moment. After announcing a 16% decline in full-year earnings of $23.7 billion from $28.3 billion, CEO...

Wall Street expects airlines to see sustained demand for travel this year

Jan. 30, 2025 06:48 AM EST

NEW YORK (AP) — Airlines expect a strong tailwind from travel demand in 2025, even though carriers could be hedged in by capacity issues. United Airlines, Delta Air Lines and several other U.S.-based carriers have all given investors strong forecasts for the year. Wall Street...

PHOTO COLLECTION: Financial Markets

Jan. 30, 2025 00:11 AM EST
This is a collection of photos chosen by AP photo editors.

Norfolk Southern CEO optimistic about 2025 after solid fourth quarter

Jan. 29, 2025 19:13 PM EST

Norfolk Southern's solid fourth quarter — combined with the optimism the railroad is hearing from their customers and support they're getting from Washington D.C. — has the CEO feeling optimistic about 2025. The railroad, based in Atlanta, earned $733 million, or $3.23 per share,...

Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations

Jan. 29, 2025 19:11 PM EST

SAN FRANCISCO (AP) — Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties, sending its shares up in after-hours trading even as it forecast increasing expenses on its artificial intelligence...

Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off

Jan. 29, 2025 18:54 PM EST

Microsoft said Wednesday that its profit for the October-December quarter grew 10% as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology. But while its overall profits and revenue beat Wall Street expectations, it...

Stock market today: Wall Street slips after the Federal Reserve keeps interest rates steady

Jan. 29, 2025 17:27 PM EST

NEW YORK (AP) — U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. The S&P 500 fell 0.5% following the Fed’s widely expected decision....

How major US stock indexes fared Wednesday, 1/29/2025

Jan. 29, 2025 16:53 PM EST

U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September. The S&P 500 fell 0.5% Wednesday. The Dow Jones Industrial Average dipped 0.3%, and the Nasdaq composite fell 0.5%. Treasury yields held...