Wall Street ends higher, notches weekly gains as Fed meeting looms

PCE: inflation cools along with consumer spending American Express, Visa climb higher on solid demand Chevron falls after missing profit estimates Indexes up: Dow 0.08%, S&P 0.25%, Nasdaq 0.95% NEW YORK, Jan 27 (Reuters) – Wall Street advanced on Friday, marking the end of a rocky week in which economic data and corporate earnings guidance … Read more

Wall Street closes green as GDP data eases recession worries

Microsoft, Tesla lead S&P, Nasdaq higher IBM announces job cuts, asset divestment Bed Bath & Beyond sinks on default notice Intel slides after the bell following results Indexes up: Dow 0.61%, S&P 1.10%, Nasdaq 1.76% NEW YORK, Jan 26 (Reuters) – Wall Street ended a choppy session higher on Thursday as investors grappled with an … Read more

S&P 500 closes slightly red as weak corporate guidance fuels recession fears

AT&T gains on subscriber adds General Dynamics slides after weak outlook Tesla, IBM post results Indexes: Dow up 0.03%, S&P 500 off 0.02%, Nasdaq down 0.18% NEW YORK, Jan 25 (Reuters) – The S&P 500 ended nominally lower on Wednesday as a string of corporate earnings ran the gamut from downbeat to dismal, reviving worries … Read more

Wall Street totters after mixed earnings, trade halt glitch

SEC investigating NYSE opening bell glitch 3M slides on downbeat Q1 forecast J&J falls on sales warning; GE down on weak profit view Microsoft to report quarterly earnings after market close Indexes: Dow up 0.18%, S&P 500 off 0.13%, Nasdaq down 0.25% NEW YORK, Jan 24 (Reuters) – Wall Street was mixed on Tuesday as … Read more

Wall Street surges, powered by tech rebound

Baker Hughes falls on missing Q4 profit estimates Activist investor Elliott Management takes stake in Salesforce Chips on track for biggest daily gain since Nov Indexes up: Dow 0.98%, S&P 1.41%, Nasdaq 2.09%, NEW YORK, Jan 23 (Reuters) – Wall Street surged on Monday, led higher by technology stocks as investors embarked on an earnings-heavy … Read more

Wall St falls as labor market resilience spurs rate hike worries

Procter & Gamble falls, warns of commodity cost pressures Netflix down ahead of quarterly results Indexes down: Dow 0.68%, S&P 0.75%, Nasdaq 1.00% Jan 19 (Reuters) – US stock indexes fell on Thursday after data pointing to a tight labor market sparked worries that the Federal Reserve will continue with its aggressive rate-hiking cycle that … Read more

Wall Street reverses gains as hawkish Fed officials douse easing inflation cheer

Fed’s Bullard, Master back rate increases US retail sales drop in December Indexes down: Dow 1.24%, S&P 1.03%, Nasdaq 0.83% Jan 18 (Reuters) – Wall Street’s main indexes reversed gains by early afternoon on Wednesday as hawkish comments from Federal Reserve officials sparked worries that the central bank may not be pausing interest rate hikes … Read more

S&P 500 ends at highest in month, indexes gain for week as earnings kick off

JPMorgan, Wells Fargo shares jump US consumers’ inflation expectations ease – survey Tesla falls after price cuts on electric vehicles Indexes: Dow up 0.3%, S&P 500 up 0.4%, Nasdaq up 0.7% NEW YORK, Jan 13 (Reuters) – The S&P 500 and Nasdaq finished at their highest levels in a month on Friday, with shares of … Read more

Wall St jumps on optimism before key inflation report

CPI report due Thursday before the bell Bed, Bath & Beyond extends recent gains NEW YORK, Jan 11 (Reuters) – US stocks ended with strong gains on Wednesday, led by a jump in the Nasdaq as investors were optimistic ahead of an inflation report that could give the Federal Reserve room to dial back on … Read more

Wall St rises as Fed’s Powell steers clear of monetary policy outlook

Broadcom falls on report of Apple’s plan to replace chip Indexes up: Dow 0.08%, S&P 0.07%, Nasdaq 0.16% Jan 10 (Reuters) – Wall Street’s main indexes rose on Tuesday as Federal Reserve Chair Jerome Powell steered clear of commenting on the monetary policy outlook, with focus turning to an upcoming inflation reading scheduled for later … Read more