Stock market today: Dow sets a record as Wall Street gears up for a cut to interest rates

NEW YORK (AP) — The Dow Jones Industrial Average set a record after a quiet Monday of trading, as Wall Street geared up for the most anticipated meeting of the Federal Reserve in years. The Dow rose 228 points, or 0.6%, to surpass its prior all-time high set a few weeks ago. The...

How major US stock indexes fared Monday, 9/16/2024

The Dow Jones Industrial Average closed at another all-time high after recouping its losses from early September. The S&P 500 rose close to its own record, but was held back by losses in Big Tech companies like Apple and Nvidia. The Dow added 0.6% Monday, the S&P 500 rose...

Betting on elections threatens confidence in voting and should be banned, US agency says

ATLANTIC CITY, N.J. (AP) — Allowing people to bet on the outcome of U.S. elections poses a great risk that some will try to manipulate the betting markets, which could cause more harm to the already fragile confidence voters have in the integrity of results, according to a federal agency that...

Sustainable investing advocate says 'anti-woke' backlash in US won't stop the movement

NEW YORK (AP) — Maria Lettini already knew of the backlash against ESG investing when she took over as chief executive of US SIF last year. US SIF is an advocacy group that supports sustainable investing, which encourages investors to consider a wider set of risks including the...

Stock market today: Wall Street’s best week of 2024 closes with indexes near their records

NEW YORK (AP) — U.S. stocks closed out their best week of the year with more gains on Friday and climbed to the cusp of their records. The S&P 500 rose 0.5% for a fifth straight gain and is just 0.7% below its all-time high set in July. Rallies for Microsoft, Broadcom and other...

How major US stock indexes fared Friday, 9/13/2024

U.S. stocks rose closer to their records and closed out their best week of the year as hopes built for a big rate cut next week. The S&P 500 rose 0.5% Friday to climb within 0.7% of its all-time high reached in July. The Dow Jones Industrial Average added 0.7%, and also traded...

Wall Street closes out its best week of the year as hopes build for a big rate cut from the Federal Reserve

Stock market today: Wall Street climbs closer to its record high

NEW YORK (AP) — U.S. stocks pulled closer to their records on Thursday following a couple reports on the economy that came in close to expectations. The S&P 500 rose 0.7% and climbed back within 1.3% of its record set in July following a shaky summer. It remains on track for a...

How major US stock indexes fared Thursday, 9/12/2024

U.S. stocks rose closer to their all-time highs following a couple reports on the economy that came in close to expectations. The S&P 500 climbed 0.7% Thursday and pulled back within 1.3% of its record set in July. The Dow Jones Industrial Average gained 0.6%, and the Nasdaq...

Moderna lays out plan to slice research and development spending

Shares of Moderna tumbled early Thursday after the vaccine developer said it was cutting research and development spending and pushed back its time frame for breaking even. The company also forecast a 2025 revenue range that fell below Wall Street expectations. Moderna...