Wall Street clawed back the last of the historic, frenzied losses unleashed by the new coronavirus, as the S&P 500 closed at an all-time high Tuesday. The day’s move was a relatively mild one, nudging the index up 7.79 points, or 0.2%, to 3,389.78. That eclipses the S&P 500′s previous...
US Stocks Tumble Amid Global Sell-Off; Dow Falls 430
NEW YORK — U.S. stocks tumbled following a sell-off in markets in Europe and Japan Monday after China announced a sharp rise in cases of a deadly new virus that threatens to crimp global economic growth. The Dow Jones Industrial Average and S&P 500 each fell about 1.4%, giving up...
Global Stocks Rise on Optimism About US-China Deal
TOKYO — Global shares rose Thursday on optimism about a U.S.-China trade deal and the Chinese government's efforts to boost its economy. France's CAC 40 rose 1.4% to 6,058 on the new year's first day of trading, while Germany's DAX was 1% higher at 13,382. Britain's FTSE 100 added 1%...
Stocks Slump as Trump Says Trade Deal With China Can Wait
Stocks fell broadly Tuesday after President Donald Trump cast doubt over the potential for a trade deal with China this year and threatened to impose tariffs on French goods. The selling knocked the Dow Jones Industrial Average more than 350 points lower had the S&P 500 on track for its...
Stocks Head for Another Set of Records as Rally Continues
NEW YORK — U.S. stocks moved broadly higher Monday as investors extended a rally that puts the major indexes on track for another record-setting day. The Dow Jones Industrial Average was on pace to beat its record high close set in July. The S&P 500 is heading for its fourth...
S&P 500 Adds to Record as Health Care Stocks Climb
NEW YORK — U.S. stock indexes slinked higher Tuesday, and the S&P 500 added to its record after stronger-than-expected profit reports from drugmakers pushed health care stocks to big gains. The reports from Pfizer and Merck highlighted a mixed set of earnings reports from big companies, including Google's parent. Companies...
Stocks Edge Higher; S&P 500 Heads for Another Week of Gains
NEW YORK — U.S. stocks edged higher in midday trading on Friday as solid gains from health care companies offset a sliding technology sector. The S&P 500 rose 0.1% to 3,006 and is within 20 points of its all-time high. The index is headed for a fourth straight weekly gain,...
US Stocks Fall After 3 Straight Days of Gains
Stocks edged lower in midday trading Tuesday, weighed down by a mixed batch of company earnings and another decline in bond yields. Financial sector stocks accounted for much of the selling as investors reacted to the decline in yields. The 10-year Treasury note slipped to 1.55% from 1.59% late Monday....
US Stocks Steady After Plunge, but Caution Reigns
NEW YORK — Stocks around the world remained stuck in the spin cycle Thursday, as worries about a possible recession collided with hopes that the strongest part of the U.S. economy — shoppers spending at stores and online — can keep going. The S&P 500 moved between modest gains and...
Stocks Slide After Bond Market Warns Again of Recession
NEW YORK — Stocks fell sharply Wednesday after the bond market threw up another warning flag on the economy. The yield on the 10-year Treasury briefly dropped below the two-year Treasury's yield Wednesday morning for the first time since 2007. The so-called inversion has correctly predicted many past recessions and is the...