Latest Financial markets News

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.

US wins ruling in a trade dispute with Mexico over its bid to ban genetically modified corn

Dec. 20, 2024 18:15 PM EST

MEXICO CITY (AP) — The United States won a ruling on Friday in a trade dispute with Mexico, which had sought to ban imports of genetically modified corn for human consumption. U.S. growers, who had worried about the potential loss of the single biggest export market for U.S. corn,...

Stock market today: Wall Street rises to turn a dismal week into just a bad one

Dec. 20, 2024 17:38 PM EST

NEW YORK (AP) — U.S. stocks rose Friday to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The S&P 500 rallied 1.1% for its best day in six weeks and shaved its loss for the week down to 2%. The Dow Jones Industrial Average...

How major US stock indexes fared Friday, 12/20/2024

Dec. 20, 2024 16:33 PM EST

U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The S&P 500 rallied 1.1% Friday to shave its loss for the week down to 2%. The Dow Jones Industrial Average jumped nearly 500 points, and the Nasdaq composite...

Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty

Dec. 20, 2024 07:02 AM EST

WEST PALM BEACH, Fla. (AP) — The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty. The Dow Jones stock index essentially ended Thursday flat after having posted 10 days...