NEW YORK — Stocks rose in midday trading on Wall Street Friday, keeping major indexes on track for weekly gains after several days of up-and-down trading. The S&P 500 rose 1% as of 11:48 a.m. Eastern. The Dow Jones Industrial Average rose 351 points, or 1.2%, to 30,693 and the...
Stocks Reach Record Highs as Investors Hope for Stimulus
Stocks rose on Wall Street, reaching more record highs, as investors remain optimistic that Washington will deliver another round of financial support for the economy and as vaccines continue to roll out to the public. The S&P 500 rose 0.6% Thursday. Wall Street has been hopeful that Congress will strike...
Wall Street Rallies Again as Stocks Ride Post-Election Wave
NEW YORK — Stocks are still riding Wall Street’s post-election wave Thursday, as markets bet on the continuation of several business-friendly policies, and the S&P 500 is rallying 2.2% toward its biggest weekly jump since April. Markets are banking on Tuesday's election leading to split control of Congress, which could mean low...
Tech Leads Rally as Wall Street Shrugs Off Election Limbo
Technology and health care companies led a stock market rally Wednesday, as Wall Street embraced the upside of more gridlock in Washington even as the outcome of the U.S. presidential election remained in limbo. The S&P 500 rose 2.2% for its best day in five months. The benchmark index had...
Stocks End Another Wobbly Day Lower as Virus Cases Rise
Wall Street's losses mounted for the second straight day Tuesday as momentum slows on worries about rising virus counts and Washington's inability to deliver more aid to the economy. The S&P 500 fell 0.3% after spending much of the day swinging between small gains and losses. Most of the stocks in the...
Stocks Fall on Wall Street as Hopes Fade for Stimulus Deal
Stocks gave up early gains and closed lower Wednesday, adding to Wall Street's losses from a day earlier. The S&P 500 fell 0.7% after spending the morning swaying between small gains and losses. Companies that rely on consumer spending, banks and technology and communication stocks bore the brunt of the...
Stocks Rise as Trump Tweets on Stimulus Keep Market Spinning
NEW YORK — Stocks are recovering on Wall Street Wednesday after President Donald Trump appeared to backtrack on his decision to halt talks on another rescue effort for the economy. The S&P 500 was 1.3% higher in morning trading after Trump sent a series of tweets late Tuesday saying he’s...
Tech Slump Sends Stock Market To Its Biggest Loss Since June
NEW YORK — Wall Street’s euphoria took a break Thursday, as steep losses in technology stocks dragged the rest of the market down with them. The S&P 500 fell 3.5%, the biggest decline for stocks since early June, when investors were dealing with a surge of coronavirus infections in places...
S&P 500 Closes at a Record, Erasing Last of Pandemic Losses
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...
Stocks Close Out Best Quarter Since 1998 with More Gains
Wall Street capped its best quarter since 1998 Tuesday with more gains, a fitting end to a stunning three months for investors as the market screamed back toward its record heights after a torrid plunge. The S&P 500 climbed 1.5%, bringing its gain for the quarter to nearly 20%. That...