Tag Archives: Stocks

  U.S. stocks elbowed their way past an earnings miss from Amazon to charge higher Friday, boosted by an Apple beat that helped offset some concerns from a a rough week of third-quarter Big Tech results. The S&P 500 (^GSPC) gained 1.6%, while the Dow Jones Industrial Average (^DJI) bounced nearly 600 points, or 1.8%. The tech-heavy Nasdaq Composite (^IXI) rose 1.7%. The moves came as Treasury yields charged back above 4%. On the economic data front, the Federal Reserve’s preferred inflation… Source link

U.S. stocks were mixed Thursday as investors braced for another batch of tech earnings from Amazon (AMZN) and Apple (AAPL) and dissected a better-than-expected U.S. GDP report. The Dow Jones Industrial Average (^DJI) and technology-heavy Nasdaq Composite (^IXIC) diverged, with the Dow jumping more than 350 points and the Nasdaq falling 0.7%. The S&P 500 (^GSPC) ticked up slightly by 0.1% in midday trading. The S&P 500 and Nasdaq fell Wednesday, snapping three straight days of gains for the… Source link

(Bloomberg) — US stocks swung between gains and losses as investors parsed fresh economic data and disappointing earnings while mulling the Federal Reserve’s path after the Bank of Canada announced a smaller-than-expected rate hike. Most Read from Bloomberg The S&P 500 struggled for direction. The tech-heavy Nasdaq 100 pared losses that topped 2%. Treasuries rallied after data showed the US merchandise-trade deficit widening. Sales of new US homes fell in September, another indication that… Source link

U.S. stocks wavered Wednesday morning after reactions to weak earnings from Alphabet (GOOGL) and Microsoft (MSFT), raising concerns that slowing output could dent corporate profits in the coming months. The technology-heavy Nasdaq Composite (^IXIC) plummeted by as much as 2% in early trading. Both the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) inched higher by 0.4% and 0.9%. Stocks have rallied of late, posting three straight days of gains. The Nasdaq jumped 2.3% in Tuesday… Source link

U.S. stocks started the week wavering as Wall Street awaits earnings from the market’s biggest players. The S&P 500 (^GSPC) edged higher 0.4%, while the Dow Jones Industrial Average (^DJI) ticked up 0.5%. The technology-heavy Nasdaq Composite (^IXIC) slid by nearly 0.1% at the open. Treasury yields retreated after a relentless climb last week that saw the 10-year note temporarily hit a 14-year high above 4.3%. On Friday, the Wall Street Journal reported that some Federal Reserve officials… Source link

(Bloomberg) — Stocks in Europe pared gains and US futures turned lower as a rout in Chinese shares weighed on global equities. Treasury yields fell and the dollar gained. Most Read from Bloomberg The Stoxx Europe 600 Index held an advance of about 0.6% after rising as much as 1.4% at the open. Prosus NV slumped more than 11%, while basic resources and energy stocks weighed on the benchmark amid a fall in crude oil and gas prices. Contracts on the S&P 500 and Nasdaq 100 fluctuated before… Source link

U.S. stocks rallied Friday as investors parsed through a medley of corporate financial results and considered the possibility Federal Reserve officials may stop raising rates sooner than anticipated. In remarks at a meeting Friday, San Francisco Federal Reserve President Mary Daly said the U.S. central bank should avoid tipping the economy into an “unforced downturn” and that it was time to consider easing the pace of hikes. The S&P 500 (^GSPC) bounced 1.8%, while the Dow Jones Industrial… Source link

U.S. stocks continued a streak of choppy trading Thursday as third-quarter financial results from companies continued to barrel in against a backdrop of persisting growth concerns on Wall Street. The S&P 500 (^GSPC) was down about 0.2% in the early afternoon, while the Dow Jones Industrial Average (^DJI) moved up by the same margin, or 50 points. The technology-heavy Nasdaq Composite (^IXIC) was 0.1% above breakeven. Meanwhile, Treasury yields edged toward new multi-year highs, with the… Source link

U.S. stocks continued a streak of choppy trading to start Thursday as third-quarter financial results from companies continued to barrel in against a backdrop of persisting growth concerns on Wall Street. The major indices wavered to start the session, then steadily climbed throughout the morning. The S&P 500 (^GSPC) was up about 1%, while the Dow Jones Industrial Average (^DJI) moved up 350 points, or 1.2%. The technology-heavy Nasdaq Composite (^IXIC) was up 1.3%. Meanwhile, Treasury yields… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, October 20, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with Yahoo Finance App The volatility on Wall Street continued on Wednesday, this time to the downside. U.S. stocks closed in the red, eating into the prior… Source link