The ideal fix for a market that’s traveled too far, too fast, is for it so slow down and back up a bit. This, by most appearances, is the story of the past six weeks on Wall Street. The five-month, 28% sprint from the October correction low to the record …
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there’s a strong interest in microloans as cash-strapped Americans try to scrape by. That juxtaposition underscores the growing picture of bifurcation among income brackets in America. And adds …
Stocks end the day mixed Here is how the major indexes closed on Tuesday: — Pia Singh Chinese tech stock rally reverses course on Tuesday The rally for stocks tied to China stumbled on Tuesday, with several of the country’s top tech names under pressure. Shares of JD.com slipped 1.8%, …
As investors say farewell to a week marked by a Federal Reserve meeting, surprise labor market data and the latest corporate earnings, they’re left trying to figure out what it all means for a stock market that’s still deciding where it wants to go. All three of the major market …
From relentless rally to persistent pullback, five straight winning months without a 2% decline were then followed by three straight down weeks, featuring a rare six-day S & P 500 losing streak and five successive sessions last week of failed intraday rallies. As with all market retrenchments from a record …
Dow closes higher Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The Dow finished Tuesday higher, snapping a six-day losing streak. The blue-chip index ended 0.2% up, its first positive session of the last seven. The S&P 500 and Nasdaq Composite closed 0.2% …
Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC’s “Squawk Box” at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024. Adam Galici | CNBC JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: …
People commuting to work in the morning cross a pedestrian crossing in Tokyo on February 15, 2024. Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets mostly fell as of Japan’s corporate inflation climbed in March and rate decisions are assessed from New Zealand and Thailand’s central banks. South Korea’s …
Was that a change in the market’s character last week, or is it still the same old bull? Thursday’s late air pocket in the indexes makes the question at least worth asking. The setback in the S & P 500 ended an unusually long streak without at least a 2% …
Traders work the floor of the New York Stock Exchange. Getty Images Futures tied to the Dow Jones Industrial Average sat near flat Thursday night following the index’s worst session in over a year. Investors also awaited key labor data due Friday morning. Dow futures added 43 points, or 0.1%. …