The S&P 500 Index gained 1.1% at 12:40 p.m. in New York, paring an initial advance of as much as 1.3% earlier in the session
The US market is “deeply into” bubble territory, marked by classic warning signs seen in past market manias, warned Richard Harris, executive director at Port Shelter Investment Management. His warning came on a day when the US markets extended gains to record closing highs.
A hawkish signal is expected from the Federal Open Market Committee’s meeting later on Wednesday
The US futures' pullback followed modest losses across Asia and Europe, with auto and steel stocks under pressure, as markets reacted to China's pushback against US accusations of violating a recently brokered trade truce.
Moody’s cut the country’s long-term issuer rating by one notch to Aa1, bringing it in line with S&P and Fitch.
Despite the S&P 500 Index clawing back into the green for 2025 after being whipsawed by President Donald Trump’s vacillating trade policies, tech giants like Apple Inc., Alphabet Inc., Amazon.com Inc. and Tesla Inc. are still down.
Theories abound that the US is deliberately letting its stock market drop. It has dropped 8 percent, wiping out $4 trillion, in the last month sparking theories that Trump's administration may be intentionally letting it fall to reset the economy. Will this gamle pay off?
The S&P 500 rose 0.74%, the Dow Jones Industrial Average was flat, and the Nasdaq Composite jumped 1.5%
Fund manager and founder of Helios posted a rough calculation on platform X to illustrate how difficult it is to sit on cash in a upward trending market
With the long-awaited decision made, markets mulled the motivations for the move, which Fed Chair Jerome Powell indicated should be seen as safeguarding a resilient economy, rather than an emergency response to weaker jobs data
Rate-sensitive growth stocks that have led much of this year's rally rose. Microsoft added 2%, Tesla gained 4.2% and Apple advanced 2.6%
The U.S. central bank cut the overnight rate by half a percentage point, more than the usual quarter-point adjustment, citing greater confidence that inflation will keep receding to its 2% annual target
That might help trading venues such as the New York Stock Exchange and Nasdaq Inc., among others, to better compete with wholesalers that can quote in finer increments outside of an exchange.
At 9:45 a.m., the Dow Jones Industrial Average fell 40.18 points, or 0.11%, to 41,560.69, the S&P 500 gained 3.11 points, or 0.06%, to 5,637.69 and the Nasdaq Composite edged up 22.76 points, or 0.13%, to 17,650.82
Oil prices were eyeing a third straight day of gains, with growing supply risks in the Middle East offsetting demand concerns that had pushed prices to their lowest levels since early 2024 at the start of the week.
On Wall Street at 11:12 a.m. ET, the Dow Jones Industrial Average rose 410.41 points, or 1.05 percent, to 39,408.07. The S&P 500 gained 79.56 points, or 1.52 percent, at 5,319.59 and the Nasdaq Composite climbed 300.10 points, or 1.83 percent, to 16,666.96.
The S&P 500 and Nasdaq took a breather on May 17 after a weeks-long rally underpinned by hopes for interest rate cuts, but the Dow closed above 40,000 mark for the first time to end the fifth week of advances in a row. Watch to know more.
Financial shares led the gains on November 20 as investors prepare for an eventual end to negative rates, while auto makers have been benefiting from a weak yen and high exports.
The S&P 500's (.SPX) 9% rally this year has been driven by a handful of the index's biggest stocks, a number of which are at the center of the AI frenzy that has spread in the wake of the chatbot sensation ChatGPT.
The Dow Jones Industrial Average picked up 0.1 percent to 34,048.97 and the S&P 500 rose 0.2 percent to 4,152.62 around 10 minutes into trading.
The S&P 500 was 0.4 percent lower in early trading, cutting into its gain for the week. The Dow Jones Industrial Average was down 229 points, or 0.7 percent, at 32,017, as of 9:45 am. Eastern time, while the Nasdaq composite was 0.2 percent lower.
KPMG India and engagement partner Sagar Pravin Lakhani were slapped with civil money penalties of $1 million and $75,000, respectively, for violating auditing and other rules. However, it has not disclosed the name of the company which KPMG India audited.
The Dow Jones Industrial Average (.DJI) fell 67.7 points, or 0.22%, at the open to 30206.13. The S&P 500 (.SPX) fell 11.3 points, or 0.30%, at the open to 3771.97, while the Nasdaq Composite (.IXIC) dropped 19.6 points, or 0.18%, to 11129.041 at the opening bell.
Ten of the 11 major S&P 500 sectors advanced in mid-day trading, with the energy sector (.SPNY) heading for its best day in more than three months.
Ten of the 11 major S&P 500 sectors were up in early trading, led by a 1.1% jump in energy (.SPNY) and industrial (.SPLRCI) shares.