Jan 21, 2024 | Investments
The stock market closed the week on a strong note, with the S&P 500 finishing at a fresh record high, boosted by a rally in semiconductor stocks and other big tech names on optimism as the University of Michigan’s survey showed consumer sentiment improved in...
Jan 7, 2024 | Investments
Stocks closed marginally higher Friday following a stronger than expected U.S. jobs report, but all three benchmark averages declined to begin 2024. For the shortened holiday week, the Nasdaq Composite index slumped 3.2%, its biggest drop since September, while the...
Dec 17, 2023 | Investments
U.S. stocks ended the week higher even as some Federal Reserve speakers pushed back on euphoria around interest rate cuts following the central bank’s dovish pivot earlier in the week. Overall, stocks registered their seventh straight week of gains, which was...
Nov 19, 2023 | Investments
The major stock market indexes eked out gains Friday but scored strong gains for a third straight week as Treasury yields continued to fall. The advance has been sparked by surprisingly tame U.S. inflation data that gave hope to investors that the Federal...
Oct 29, 2023 | Investments
The U.S. economy grew at its fastest pace in nearly two years in the third quarter as higher wages from a tight labor market helped to power consumer spending, again defying dire warnings of a recession that have lingered since 2022. Gross domestic product increased...
Oct 15, 2023 | Investments
Wall Street wrapped up a volatile week with a mixed performance from stocks while investors sought safe-haven assets such as U.S. Treasury bonds and gold, as the Israel-Gaza war looked likely to escalate. For the week, the Dow Jones posted a 0.8% gain and the S&P...
