Latest Financial markets News

Stock market today: Wall Street rallies ahead of Christmas

Dec. 24, 2024 14:42 PM EST

Technology stocks led a broad rally on Wall Street Tuesday during a holiday-shortened trading session ahead of Christmas. The S&P 500 rose 1.1% for its third-straight gain. The Dow Jones Industrial Average added 0.9%, and the tech-heavy Nasdaq composite climbed 1.3%. ...

How major US stock indexes fared Tuesday, 12/24/2024

Dec. 24, 2024 13:29 PM EST

Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The S&P 500 added 1.1% Tuesday. Trading closed early ahead of the holiday. Tech companies including Apple, Amazon and chip company Broadcom helped pull the market higher. The Dow Jones...

France has a new government, again. Politics and crushing debt complicate next steps

Dec. 24, 2024 11:27 AM EST

PARIS (AP) — France’s president and prime minister managed to form a new government just in time for the holidays. Now comes the hard part. Crushing debt, intensifying pressure from the nationalist far right, wars in Europe and the Mideast: Challenges abound for President...

Survey: Small businesses are feeling more optimistic about the economy after the election

Dec. 24, 2024 11:21 AM EST

A recent survey shows small business owners are feeling more optimistic about the economy following the election. The National Federation of Independent Businesses’ Small Business Optimism Index rose by eight points in November to 101.7, its highest reading since June 2021. ...

Stock market today: Wall Street rises at the start of a holiday-shortened week

Dec. 23, 2024 17:20 PM EST

Stocks shook off a choppy start to finish higher Monday, as Wall Street kicked off a holiday-shortened week. The S&P 500 ended 0.7% higher after having been down 0.5% in the early going. The Dow Jones Industrial Average also recovered from an early slide to eke out a 0.2% gain....

How major US stock indexes fared Monday, 12/23/2024

Dec. 23, 2024 16:38 PM EST

Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq...

The Container Store, buffeted by rough housing market and competition, seeks bankruptcy protection

Dec. 23, 2024 08:25 AM EST

NEW YORK (AP) — The Container Store has filed for bankruptcy protection as the storage and organizational goods retailer with roots dating back to the 1970s grapples with mounting losses and cash flow shortages. The Texas company has faced increasing competition from retailers like...

Congress is looking to ban Chinese drones that are widely used in US. What to know about the debate

Dec. 23, 2024 08:32 AM EST

WASHINGTON (AP) — The economic and technological rivalry between the United States and China has come to the drone market, where Chinese-made flying devices are a dominant player. Lawmakers in Washington are seeking to ban new sales of drones from two dominant Chinese...

Many Americans have come to rely on Chinese-made drones. Now lawmakers want to ban them

Dec. 23, 2024 07:49 AM EST

WASHINGTON (AP) — Russell Hedrick, a North Carolina farmer, flies drones to spray fertilizers on his corn, soybean and wheat fields at a fraction of what it would cost him to use a conventional ground spreader. As a volunteer rescuer, Hedrick uses thermal drones to search for...

State governor says the death toll in the Magdeburg Christmas market attack has risen to 5

Dec. 21, 2024 06:13 AM EST
MAGDEBURG, Germany (AP) — State governor says the death toll in the Magdeburg Christmas market attack has risen to 5.