Stocks closed higher on Wall Street Tuesday, giving the S&P 500 its fifth straight gain and getting it closer to the record high it set in early September.
The Dow Jones Industrial Average and the Nasdaq also closed higher.
WASHINGTON (AP) — President Joe Biden urged Republican senators to “get out of the way” and let Democrats suspend the nation’s debt limit, hoping to keep the U.S.
NEW YORK (AP) — Stocks are opening lower Monday as Wall Street comes off its worst week since the winter. The S&P 500 fell 0.2% while the tech-heavy Nasdaq dropped 0.8%. Tesla rose 3.1% after saying it delivered about 241,000 vehicles in the third quarter, topping expectations.
WASHINGTON (AP) — President Joe Biden on Monday urged Republican senators to “get out of the way” and let Democrats suspend the nation’s debt limit, hoping to keep the U.S. government from bumping dangerously close to a credit default as Senate Republican Leader Mitch McConnell refuses to lend his party’s help.
Technology companies led a broad slide in stocks on Wall Street Tuesday as investors reacted to a surge in U.S. government bond yields.
The benchmark S&P 500 index had its worst drop since May, and the tech-heavy Nasdaq had its worst drop since March.
Stocks are opening higher on Wall Street Friday, clawing back some of the ground the market lost in this holiday-shortened week. The S&P 500 was up 0.3%. Technology companies had some of the biggest gains.
Stocks are moving between small gains and losses in the early going on Wall Street Thursday, keeping the S&P 500 on track to post its first weekly loss after two weeks of gains. The benchmark index shook off an early stumble and was up 0.2% while the tech-heavy Nasdaq was up a bit more, 0.3%.
WASHINGTON (AP) — The Treasury Department announced Wednesday it will raise $126 billion to finance the government in a series of auctions next week by employing emergency measures to keep from broaching the newly imposed debt limit.
Bond yields rebounded solidly and stock indexes notched new highs Friday as Wall Street closed out a choppy, holiday-shortened week of trading with the market's third straight weekly gain.
The S&P 500 index rose 1.1% to an all-time high for the second time this week.
BANGKOK (AP) — Shares were mostly lower in Asia on Friday after stocks pulled back from their recent record highs on Wall Street as bond yields fell and investors turned cautious.
Stocks pulled back from the record highs they’ve been setting as bond yields continued to fall and investors turned cautious.
The S&P 500 fell, with technology, financial and industrial companies taking some of the biggest losses.
Stocks held on to modest gains on Wall Street Friday, ending the week higher for the first time in three weeks.
Investors took in stride a report showing that a closely watched measure of inflation came in somewhat hotter than expected last month.
TOKYO (AP) — Asian shares were mixed in listless trading Tuesday after U.S. stocks finished mostly lower as cause for optimism, such as the Suez Canal reopening, mixed with caution about the vaccine rollout.
NEW YORK (AP) — U.S. stocks burst to their best day in three weeks on Friday, helping Wall Street return to record heights and avoid what could have been a second straight weekly loss.
The S&P 500 added 65.02 points, or 1.7%, to 3,974.54, with a quarter of that rise coming in the last five minutes of trading alone.
BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street rose on gains for tech stocks and reassurance by the U.S. Federal Reserve of support for an economic recovery.
Tokyo and Sydney advanced while Shanghai, Hong Kong and Seoul retreated.
Gains in big technology companies led stocks broadly higher on Wall Street as traders welcomed some easing in long-term bond yields.
The S&P 500 index rose 0.7% Monday while the tech-heavy Nasdaq climbed 1.2%.
Wall Street closed out a choppy week of trading Friday with major stock indexes mostly lower and all finishing in the red for the week.
The S&P 500 ended 0.1% lower after reversing a small gain.
BEIJING (AP) — Asian stock markets followed Wall Street lower on Friday after rising U.S. bond yields dampened buying enthusiasm driven by the Federal Reserve's promise of low interest rates.
WASHINGTON (AP) — The Federal Reserve foresees the economy accelerating quickly this year yet still expects to keep its benchmark interest rate pinned near zero through 2023, despite concerns in financial markets about potentially higher inflation.
TOKYO (AP) — Asian shares mostly rose on Tuesday, cheered by a rally to all-time highs on Wall Street.
Japan's benchmark Nikkei 225 rose 0.6% to 29,953.97. South Korea's Kospi added 0.3% to 3,054.77.
Stocks climbed in Asia on Thursday after a key measure of inflation in the U.S. came in lower than expected, easing worries that price pressures could push interest rates higher.
Shares rose in Tokyo, Shanghai and Hong Kong but edged lower in Sydney.
Stocks closed mostly higher on Wall Street Wednesday as a benign reading on inflation led to long-term interest rates easing lower in the bond market.
The S&P 500 added 0.6%, but a pullback in Big Tech stocks pulled the Nadsaq down slightly.
TOKYO (AP) — Asian shares were mixed Tuesday, cheered by the imminent passage of the U.S. stimulus package, although that optimism was tempered by worries about inflation and the coronavirus pandemic.
Wall Street capped a volatile day of trading Friday with a broad rally that snapped the market's three-day losing streak.
The S&P 500 gained 2% after clawing back from a 1% skid that followed a 1% surge at the start of trading.
Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low interest rates.
BANGKOK (AP) — Stocks advanced in Asia on Wednesday after a wobbly day on Wall Street, when the S&P 500 gave back most of its gains from a day earlier.
BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street rose as a wave of investor concern about possible higher interest rates receded.
Market benchmarks in Tokyo, Shanghai and Hong Kong declined.
EXPLAINER: Why rising rates are unsettling Wall Street
NEW YORK (AP) — Rising expectations for the economy and inflation have caused U.S. Treasury yields to spurt higher, with the jump unsettling stock markets.
A choppy day on Wall Street ended with stocks mostly lower Friday, helping push the S&P 500 to its second straight weekly loss.
Stocks ended a bumpy day mostly lower on Wall Street.
Technology stocks recovered slightly following several days of heavy selling, but the Nasdaq still posted its biggest weekly loss since October.
BANGKOK (AP) — Asian shares skidded Friday after rising bond yields triggered a broad sell-off on Wall Street that erased the markets gain for the week and handed the Nasdaq composite index its steepest loss since October.
BANGKOK (AP) — Shares were mostly lower in Asia on Thursday after a mixed session on Wall Street as losses by technology and industrial companies offset other gains.
Shanghai saw a modest gain after reopening following the Lunar New Year holiday.
TOKYO (AP) — Asian shares were lower Wednesday as investors sold to lock in profits from the recent rally driven by hopes economies will gradually return to a pre-pandemic normal.
Japan's benchmark Nikkei 225 dipped 0.8% to 30,216.27, even as the vaccination drive against COVID-19 began, starting with medical workers.