Latest Stock prices News

Stocks climb as Fed minutes show determination on rates

May. 25, 2022 16:48 PM EDT

NEW YORK (AP) — Stocks ended broadly higher on Wall Street Wednesday after minutes from the Federal Reserve’s most recent meeting signaled the central bank intends to move “expeditiously” to raise interest rates back to more neutral levels in its fight to tame inflation. The...

Twitter shareholders meet amid Elon Musk's takeover drama

May. 25, 2022 16:42 PM EDT

Twitter's regularly scheduled shareholder meeting Wednesday didn't include a vote on Tesla billionaire Elon Musk’s $44 billion bid for the social platform. But the prospects of the buyout and the drama that's surrounded it seemed to be on participants' minds anyway. CEO Parag...

How major US stock indexes fared Wednesday

May. 25, 2022 16:23 PM EDT

Stocks rose broadly on Wall Street Wednesday after minutes from the Federal Reserve’s most recent meeting indicate the central bank intends to move “expeditiously” to raise interest rates back to more neutral levels in its fight to tame inflation. The S&P 500, the Dow Jones...

Asian stock markets mixed after Wall St sinks further

May. 24, 2022 23:50 PM EDT

BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand. Shanghai and Seoul advanced while Tokyo and Hong Kong declined. Oil prices rose more than $1 per barrel to stay above...

Social media hammered by mounting questions over advertising

May. 24, 2022 19:42 PM EDT

Social media has had a rough 2022 with lingering questions about advertising spending, political ads and a $44 billion takeover of Twitter that may or may not be happening, depending on which Elon Musk tweet you read. Then late Monday Snap, which runs the Snapchat app that features...

How major US stock indexes fared Tuesday

May. 24, 2022 16:34 PM EDT

A slump in several big companies weighed down the stock market Tuesday, leaving most major indexes lower. The S&P 500 index fell, as did the Nasdaq composite, which is heavily weighted with technology companies. Gains for McDonald’s and UnitedHealth helped push the Dow Jones...

Slumping technology stocks pull Wall Street lower

May. 24, 2022 10:35 AM EDT

NEW YORK (AP) — Stocks fell in morning trading on Wall Street Tuesday, weighed down by a big decline in tech heavyweights over concerns about persistently rising inflation's impact to their bottom lines. The S&P 500 index fell 2.1% as of 10:14 a.m. Eastern. The Dow Jones...

Stock market slump unsettling Americans eying retirement

May. 24, 2022 07:13 AM EDT

Americans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working. A stock market slump this year has taken a big bite out of investors’ portfolios, including retirement plans like 401(k)s. The S&P 500, the...

How major US stock indexes fared Monday

May. 23, 2022 16:33 PM EDT

Stocks closed higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020. Banks and technology stocks made some of the strongest gains. Bond yields rose. Concerns about inflation have been weighing on the...

Asian shares mixed after Wall St barely misses bear market

May. 22, 2022 23:22 PM EDT

Shares are mixed in Asia in cautious trading after Wall Street rumbled to the edge of a bear market on Friday. Tokyo and Sydney were higher Monday while Hong Kong and Shanghai declined. Investors were awaiting minutes from the latest policy setting meeting of the...