Dec 13 Dow hits a record after the Fed signals rate cuts in 2024 By Stan Choe, Associated Press A powerful rally across Wall Street sent the Dow Jones Industrial Average to a record on Wednesday after the Federal Reserve indicated that the cuts to interest rates investors crave so much may be coming next year. Continue reading
Jan 31 Stocks rise on Wall Street following signs of easing inflation By Stan Choe, Associated Press Stocks are ticking higher on Wall Street Tuesday ahead of what many investors hope will be one of the Federal Reserve’s last economy-shaking hikes to interest rates for a while. Continue reading
Jan 17 Stocks edge lower on Wall Street amid uncertain trading By Damian J. Troise, Alex Veiga, Associated Press Stocks edged mostly lower in uncertain trading on Wall Street to kick off a holiday-shortened, but earnings-heavy week. Continue reading
Dec 16 Wall Street loses ground amid recession talks, marking 2nd straight weekly loss By Damian J. Troise, Alex Veiga, Associated Press Stocks ended lower on Wall Street as worries grow that the Federal Reserve and other central banks are willing to bring on a recession if that's what it takes to get inflation under control. Continue reading
Dec 05 U.S. stocks slide as investors weigh economic data, continued inflation fight By Damian J. Troise, Alex Veiga, Associated Press Stocks are broadly lower on Wall Street as investors weigh a surprisingly good economic report that highlights the Federal Reserve's difficult fight against high inflation. Continue reading
Oct 28 Strong corporate earnings drive another week of Wall Street gains By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press Technology stocks led a broad rally on Wall Street Friday, capping another strong week for the market, as investors welcomed solid profits from Apple and other companies. Continue reading
Oct 07 Stocks slump on fears about rates, recession after jobs data By Stan Choe, Associated Press Good news on the economy remains bad news for Wall Street, as stocks fell sharply Friday on worries a still-strong U.S jobs market may actually make a recession more likely. Continue reading
Aug 26 Dow Jones drop 3 percent after Fed Chair Powell warns interest rates to stay high By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press 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. Continue reading
Oct 26 Solid earnings drive U.S. stocks further into record heights By Damian J. Troise, Associated Press 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… Continue reading
Dec 27 2020 in review: Stories you may have missed and why they matter By Molly Enking It’s been decades since one world event has dominated the news cycle so completely. We lost more than 1.75 million people globally and more than 330,000 in the U.S. to COVID-19. Here’s a list of some other events that shook the… Continue reading