Wall Street ends its busy post-summer session in the red

Join now for FREE unlimited access to Reuters.com Register ISM service sector data beats estimates Bed Bath & Beyond shares sink after death of CFO Wall St emerges from three straight weeks of decline Dow down 0.55%, S&P 500 down 0.41%, Nasdaq down 0.74% NEW YORK, Sept 6 (Reuters) – Wall Street’s major indexes closed … Read more

Wall Street ends well as Powell speech affirms hawkish rate stance

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 15, 2022. REUTERS/Brendan McDermid/File Photo Join now for FREE unlimited access to Reuters.com Register Fed will continue to tighten until inflation is under control – Powell Core PCE rises 0.1% in July compared to a rise of 0.6% … Read more

Nasdaq falls more than 2% on fear of an aggressive Fed

Amazon and UnitedHealth among bidders for Signify – report AMC plummets as UK’s Cineworld plans to file for bankruptcy Benchmark 10-year US Treasury yield exceeds 3% Indices down: Dow 1.33%, S&P 1.64%, Nasdaq 2.10% Aug 22 (Reuters) – Major Wall Street indexes fell on Monday at the start of the lackluster week as investors worried … Read more

Wall St falls as growth stocks slide, Target weighs on retail stocks

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 15, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register Retail sales stable in the United States in July; basic sales increase Retailer Target’s quarterly profits plummet Indices down: Dow 0.57%, S&P 0.79%, Nasdaq 1.17% … Read more

Dow and S&P 500 climb as Walmart’s upbeat results, others bolster optimism

Walmart sees its profits fall less this year Home Depot exceeds sales estimates US Treasury Yields Rise Indices: Dow up 0.7%, S&P 500 up 0.2%, Nasdaq down 0.2% NEW YORK, Aug 16 (Reuters) – The Dow Jones and S&P 500 rose on Tuesday as stronger-than-expected earnings and outlooks from Walmart and Home Depot bolstered opinions … Read more

S&P 500 and Nasdaq close 4th straight week as optimism grows

Nasdaq and S&P 500 post longest weekly winning streaks since November S&P 500 recoups 50% of bear market losses The S&P 500 is up 17.7% from a mid-June low NEW YORK, Aug 12 (Reuters) – Wall Street closed higher on Friday as signs that inflation may have peaked in July boosted investor confidence in the … Read more

Wall Street rally lifts Nasdaq 20% from low as inflation fears to ebb

Traders work on the floor of the New York Stock Exchange (NYSE) in Manhattan, New York, U.S., August 8, 2022. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register The Fed is now expected to achieve a 50 basis point hike in September Consumer price growth slows in the United States in July … Read more

Wall St trades mixed on Fed tightening fears, Nvidia weighs in

US Senate approves bill on climate change and drug costs Nvidia slips as falling demand for games hits Q2 revenue Tyson Foods down on quarterly revenue shortfall Palantir drops after lower forecast Mixed indices: Dow up 0.14%; S&P, Nasdaq sheet Aug 8 (Reuters) – U.S. stock indexes were mixed on Monday after hit jobs data … Read more