Latest Stock indices and averages News

Final-hour rally yanks Wall Street from maw of bear market

May. 20, 2022 21:57 PM EDT

NEW YORK (AP) — Wall Street rumbled to the edge of a bear market Friday after another drop for stocks briefly sent the S&P 500 more than 20% below its peak set early this year. The S&P 500 index, which sits at the heart of most workers’ 401(k) accounts, was down as much...

How major US stock indexes fared Friday

May. 20, 2022 16:50 PM EDT

The stock market clawed back from a midday drop Friday after coming to the edge of its first bear market since the beginning of the pandemic. The S&P 500 ended 18.7% below the record high it set in early January. A 20% decline would have been considered the beginning of a bear...

US stocks got close to a bear market. Here’s what that means

May. 20, 2022 16:46 PM EDT

NEW YORK (AP) — The bear came close to Wall Street but then backed off. The stock market’s slump this year briefly pulled the S&P 500 into what's known as a bear market Friday, before a late rally put the index in the green. The prevailing sentiment among investors remains...

Asian stocks rise after Wall St slips closer to bear market

May. 20, 2022 00:34 AM EDT

BEIJING (AP) — Asian stock markets rose Friday after Wall Street fell closer to bear territory, China cut a key interest rate and Japanese inflation edged higher. Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices fell more than $1 per barrel. ...

How major US stock indexes fared Thursday

May. 19, 2022 16:41 PM EDT

Stocks ended another volatile day lower on Wall Street Thursday, bringing the market closer to its first bear market since the beginning of the pandemic. The S&P 500, the benchmark for many index funds, fell and is now down 18.7% from the record high it set early this year,...

EXPLAINER: ESG investing and the debate surrounding it

May. 19, 2022 14:35 PM EDT

NEW YORK (AP) — Here's the latest sign ESG investing is now mainstream after starting as a niche corner of Wall Street: It's become the target of Republican politicians and billionaire Elon Musk amid the nation's cultural schism. To use an ESG approach is to consider a company's...

Asian shares track Wall Street's inflation-fueled retreat

May. 18, 2022 22:36 PM EDT

TOKYO (AP) — Shares dropped sharply in Asia on Thursday after a broad retreat on Wall Street triggered by dismal results from major retailer Target that renewed worries over the impact of high inflation. Hong Kong’s Hang Seng led the declines, dropping 3.1%, while Tokyo’s...

How major US stock indexes fared Wednesday

May. 18, 2022 16:48 PM EDT

Stocks closed sharply lower on Wall Street Wednesday as dismal results from Target renewed fears that inflation is battering U.S. companies. The S&P 500, the benchmark for many index funds, slumped. Target lost a quarter of its value, dragging other retailers down with it, after...

Asia stocks mixed after Wall St gain, Powell warns on rates

May. 17, 2022 23:33 PM EDT

BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rose and the Federal Reserve's chairman said it will raise interest rates further if needed to cool inflation. Shanghai and Hong Kong declined. Tokyo and Seoul advanced. Oil prices rose to stay above $110 per...

How major US stock indexes fared Tuesday

May. 17, 2022 16:33 PM EDT

Stocks rose steadily throughout the day and ended with broad gains as traders got back to buying again after a mostly miserable few weeks on Wall Street. Tech giants like Apple and Microsoft were among the biggest winners, and video game maker Take-Two Interactive jumped after...