US indices ended higher on Tuesday after a worst week in two years.
Benchmark US indices closed the week mixed on Friday, June 17, as mega-cap growth stocks rallied, shaking off the negative sentiments about inflation and declining economic growth. The S&P 500 was up 0.22% to 3,674.84. The Dow Jones lost 0.13% t...
Benchmark US indices fell sharply on Thursday, June 16, pulled down by mega-cap tech stocks as investors’ concerns grew over a possible recession a day after Fed’s rate hike. The S&P 500 was down 3.25% to 3,666.77. The Dow Jones lost...
Wall Street indices closed higher on Wednesday, June 15, after the Federal Reserve raised the interest rates by 0.75%, its biggest increase since 1994, to rein in the relentless spike in inflation. The S&P 500 was up 1.46% to 3,789.99. The Dow J...
Highlights: Indexes up: Dow 1.04%, S&P 1.29%, Nasdaq 1.66%. Fed rate decision due 2 p.m. ET. Nucor climbs on upbeat profit forecast. Wall Street's main indexes climbed more than 1% on Wednesday, boosted by gains in beaten-down growth ...
Wall Street’s main indices closed mixed on Tuesday, June 14, after Nasdaq recovered from an initial slide as the central bank officials assembled to discuss a new rate plan at their monthly policy conclave. The S&P 500 fell 0.38% to 3,735....
Highlights: Futures up: Dow 0.39%, S&P 0.59%, Nasdaq 0.91%. Oracle rises as sales, profit top estimates on cloud boom. Continental Resources jumps on buyout proposal from founder. U.S. stocks were set for a rebound on Tuesday after a ...
US stocks resumed their selloff on Monday, June 13, after a sharp fall in the previous session on inflation woes as investors braced for the Fed's third installment of interest rate hikes this week. The S&P 500 fell 3.88% to 3,749.63. The Dow Jo...
Wall Street's main stock indexes fell sharply on Monday, with the S&P 500 on track to confirm a bear market on fears that the Federal Reserve's aggressive rate hikes would tip the economy into recession. The benchmark index is more than 20% be...
US indices closed the week sharply lower on Friday, June 10, after the latest CPI data showed inflation surged at an annual pace of 8.6% in May, triggering a panic selloff in growth stocks. The S&P 500 fell 2.91% to 3,900.86. The Dow Jones decre...