Jan 27 Tech stocks fall sharply after Chinese AI company announces inexpensive large language model By Stan Choe, Associated Press Stocks outside of AI-related industries held up much better, though, and the Dow Jones Industrial Average was down just 58 points. Continue reading
Dec 26 How the stock market defied expectations in 2024, by the numbers By Associated Press U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. Continue reading
Dec 18 Stocks fall sharply after Federal Reserve signals fewer rate cuts than expected for 2025 By Stan Choe, Associated Press Fed officials released projections on Wednesday showing the median expectation among them is for two more cuts to the federal funds rate in 2025, or half a percentage point’s worth. That’s down from the four cuts expected just three months… Continue reading
Sep 18 Wall Street ticks slightly higher ahead of presumed Fed interest rate cut By Yuri Kageyama, Matt Ott, Associated Press Wall Street ticked slightly higher as markets awaited an expected interest rate cut by the U.S. Federal Reserve, the first in more than four years. Continue reading
Aug 15 Wall Street rallies to one of its best days of the year By Stan Choe, Associated Press The S&P 500 jumped 1.6% for its fourth-best day of the year and its sixth straight gain as the U.S. stock market rights itself following a scary few weeks. Continue reading
Aug 06 Stocks bounce back from worst drop in nearly 2 years By Stan Choe, Associated Press Calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. Continue reading
Aug 05 Watch 4:34 The data fueling investor concerns as stocks plunge on recession fears By Amna Nawaz Global markets have plunged on fears that the world’s strongest economy, the United States, may be slowing down. U.S. Stocks also fell with all three indexes recording losses. To discuss what happened and what it means, Amna Nawaz spoke with… Continue watching
Aug 05 Why financial markets are falling and how we got here By Associated Press Worried about a slowing U.S. economy, investors sent the market in Japan to its worst day in decades and have sliced billions in market value off some of the world’s biggest technology companies. Continue reading
Jul 24 Weak profit reports from big tech companies send stocks tumbling on Wall Street By Stan Choe, Alex Veiga, Associated Press A wipeout on Wednesday sent U.S. stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy around artificial-intelligence technology. Continue reading
May 31 Stocks for Trump Media swing wildly a day after former president was convicted in hush money trial By Michelle Chapman, Associated Press Shares of Trump Media & Technology Group, the owner of social networking site Truth Social, are rising in early trading on Friday after former President Donald Trump was convicted in his hush money trial… Continue reading