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Damian J. Troise, Associated Press

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Damian’s Recent Stories

Economy May 02

Wall Street sees 9th straight day of gains, reclaiming losses since Trump’s tariff escalation

The rally was spurred by a better-than-expected report on the U.S. job market and resurgent hope for a ratcheting down in the U.S. trade showdown with China.

Economy Dec 23

Stocks unsteady on Wall Street amid mixed economy data

Stocks are wavering on Wall Street and headed for weekly losses as investors reviewed mixed news on the economy.

Economy Aug 26

Dow Jones drop 3 percent after Fed Chair Powell warns interest rates to stay high

Stocks closed sharply lower after the head of the Federal Reserve dashed Wall Street's hopes that it may soon ease up on high interest rates in its effort to tame inflation.

Economy Jun 10

Stocks tumble after inflation worsens, raising rate fears

Stocks fell sharply on Friday following Wall Street's cold realization that inflation got worse last month, not better, as investors had been hoping.

Economy May 05

Stocks slump 3 percent as worries grow over higher interest rates

Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve's stepped-up fight against inflation.

Economy Apr 27

Wall Street shaky as tech stocks remain volatile

Stocks remained shaky in morning trading on Wall Street Wednesday after a big sell-off on tech stocks a day earlier.

Economy Mar 01

Oil prices surge above $100 a barrel as war on Ukraine rages

The price of oil surged back above $100 a barrel after Russia, a major energy producer, faced further isolation and economic damage because of its invasion of Ukraine.

Economy Feb 22

Wall Street skid continues as Ukraine crisis escalates

Stocks shifted between small gains and losses in morning trading on Wall Street Tuesday as tensions escalated in Ukraine over Russia's decision to send forces into that nation's eastern regions.

Economy Oct 29

Stocks edge lower on Wall Street, pulled down by Big Tech

Stocks edged lower in midday trading on Wall Street Friday, pulling major indexes back from record highs as investors review the latest round of corporate earnings.

Economy Oct 26

Solid earnings drive U.S. stocks further into record heights

The S&P 500 was up 0.3%. Big technology companies were doing much of the heavy lifting, and that helped send the Nasdaq up 0.3%. The Dow Jones Industrial Average climbed 0.1%. UPS jumped 7.4% after the package delivery service reported…

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