Latest Financial markets News

Stock market today: Wall Street slips as the 'Magnificent 7' weighs down the market

Dec. 27, 2024 17:41 PM EST

NEW YORK (AP) — Stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. The losses were made worse by sharp declines for the Big Tech stocks known as the “Magnificent 7”, which can heavily influence the direction of the market because of...

How major US stock indexes fared Friday, 12/27/2024

Dec. 27, 2024 16:33 PM EST

Stocks closed lower as Wall Street ended a holiday-shortened week on a down note. The S&P 500 fell 1.1% Friday and the the Dow Jones Industrial Average lost 333 points, or 0.8%. The Nasdaq composite dropped 1.5%. The “Magnificent 7” stocks weighed on the market, led by declines in Nvidia,...

Next Week in Business: jobless claims, mortgage rates and Wall Street's first trading day of 2025

Dec. 27, 2024 15:04 PM EST

A look at some of the key business events and economic indicators upcoming next week. LAYOFFS UPDATE The Labor Department issues its weekly tally of new unemployment benefit claims on Thursday. The number of Americans applying for unemployment benefits...

Stock market today: Wall Street drifts to a mixed close in thin trading following a holiday pause

Dec. 26, 2024 19:01 PM EST

Stock indexes drifted to a mixed finish on Wall Street Thursday, as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 fell less than 0.1% after spending the day wavering between small gains and losses. The tiny loss...

How major US stock indexes fared Thursday, 12/26/2024

Dec. 26, 2024 16:52 PM EST

Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 slipped less than 0.1% Thursday, its first loss after three straight gains. The Dow Jones Industrial Average added 0.1%, and...

How the stock market defied expectations again this year, by the numbers

Dec. 26, 2024 14:24 PM EST

NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The year featured many familiar winners, such as Big...

Stock market today: Asian shares are mostly lower, with most world markets closed for Christmas

Dec. 25, 2024 01:27 AM EST

BANGKOK (AP) — Shares slipped in Tokyo and Shanghai on Wednesday, two of only a handful of world markets open on Christmas day. Oil prices rose. Japan's Nikkei 225 index edged 0.1% lower to 38,997.02, while the Shanghai Composite index lost 0.2% to 3,387.41. ...

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...