US stocks recover from early losses but end the week with sharp drops as the August slump continues, while investors consider the possibility of higher interest rates and concerns over China's economic troubles.
Stocks fell on Thursday as strong earnings from Nvidia were overshadowed by comments from the Federal Reserve signaling that interest rates will remain elevated for a long time to combat inflation.
The stock market experienced a sharp decline as early gains turned into a selloff, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all falling; concerns over rising bond yields and inflation contributed to the sell-off.
US stocks rose as the dollar fell, with technology stocks leading the way, and Treasury Secretary Janet Yellen expressing optimism about a potential soft landing in the economy.
Asian stock markets fell as Wall Street experienced a decline, with investors preparing for key US inflation data, and a spike in oil prices added to concerns about persistent price pressures and the interest rate outlook.
Stocks declined amid speculation that US inflation data will show persistent price pressures, increasing the likelihood that interest rates will remain elevated; market focus is on the US consumer price report.
Stocks fell on Friday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all declining, but Wall Street is on track for a winning week.
US stocks slumped as reports of China's recovering economy caused concern, potentially impacting global stock exchanges, while the US auto workers' strike and oil price rallies also contributed to market fluctuations.
U.S. stocks dropped as enthusiasm for Arm's IPO faded and the United Auto Workers initiated a strike against Detroit's Big Three automakers, with the Nasdaq falling 1.6% and the S&P 500 losing 1.2%.
US stocks fell on Friday amid concerns about a potential slowdown in the semiconductor space, with technology stocks leading the decline after Taiwan Semiconductor reportedly delayed some order shipments; meanwhile, the United Auto Workers went on strike against Detroit's top automakers for increased pay amid the transition to electric vehicles.
U.S. stocks fell and Treasury yields surged ahead of the Federal Reserve's interest rate decision, while Instacart shares surged 12% on their first day of trading on the Nasdaq.
U.S. equities fell as the Fed began its policy meeting and the 10-year Treasury yield reached a 16-year high, with Walt Disney shares dropping after announcing increased spending on theme parks and cruises, and Cboe Global Markets shares rising following a CEO change.
U.S. stocks slumped after the Federal Reserve indicated that it may not cut interest rates next year as much as initially expected, causing concerns among investors on Wall Street.
The U.S. stock markets closed in the red as the Federal Reserve kept the federal funds rate unchanged, leading to losses in sectors such as communication services and information technology, while Asian stocks fell due to concerns over higher U.S. interest rates.
U.S. stocks fell for a third consecutive day as Treasury yields continued rising, the Bank of England kept interest rates unchanged, Cisco is acquiring Splunk for $28 billion, Rupert Murdoch is stepping down as chairman of Fox Corp and News Corp, investor Steve Eisman believes the banking sector is "uninvestable," and investor interest in AI is starting to wane.
US small-cap and industrial stocks are dropping, typically signaling a recession, but some investors are dismissing the moves as noise for now, with hope for stocks coming in the form of anticipated earnings season and the Federal Reserve's forecast of stronger economic growth.
The recent decline in the US equity market is validating concerns about its lopsided nature, with a small number of top-performing stocks leading the market lower and the remaining companies struggling to make gains, potentially exacerbating losses in a rising Treasury yield environment.
Stocks tumbled as economic data raised concerns about the US economy's future and the Federal Reserve's interest rate hikes.
The US stock markets broke a four-day losing streak with gains in energy and materials sectors, while the Asian markets saw losses with technology stocks declining and concerns about China's property market stability. European markets opened in the red, awaiting economic data and earnings reports. Crude oil and natural gas prices decreased, while gold, silver, and copper prices fell. US futures and the US dollar index were down.
Stocks slumped as the bond rout continues and one Fed policymaker predicted another interest rate hike this year, with the Nasdaq falling 0.5% and the S&P 500 and Dow Jones Industrial Average losing 0.4%.
Wall Street stocks fell at the open as rising Treasury yields and hawkish comments from Fed policymakers dampened investor optimism about a potential interest-rate cut.
The stock market declined as the Dow lost 430 points and the Nasdaq lost 248 points, with the overall market being negatively affected by a higher 10-year bond yield and robust labor force data, while political turmoil in the House of Representatives and the possibility of a government shutdown added to the market's uncertainty.
Stocks fell sharply in response to an increase in long-term Treasury yields, driven by misguided rhetoric from Fed officials and fears of higher inflation, despite economic data showing slowing growth, low job growth, and declining wage growth.
Stocks on Wall Street opened lower after the US jobs report exceeded expectations, raising concerns that the Federal Reserve may raise interest rates; the Dow Jones was down 0.3%, the S&P 500 lost 0.4%, and the Nasdaq Composite dropped 0.5%.
US stocks lost momentum on Wednesday as investors assessed hotter-than-expected wholesale inflation data and awaited Federal Reserve minutes for insights on interest rates, with the Dow Jones Industrial Average and S&P 500 retracing solid gains earlier in the session while the tech-heavy Nasdaq Composite poised to build on Tuesday's win.
The Dow Jones Industrial Average fell after Federal Reserve Chair Jerome Powell spoke on inflation and interest rates, while Netflix stock surged on strong earnings and Tesla stock dropped after Elon Musk's warning about the Cybertruck. Microsoft, HealthEquity, Vistra, and Cencora also had notable movements.
Stocks dropped again on Friday as markets reacted to comments from Federal Reserve Chairman Jerome Powell that increased bond yields, while also paying attention to developments in the Israel-Hamas war.
Stocks fell sharply on Thursday and bond yields dropped as a slide in technology shares overshadowed stronger-than-expected growth for the U.S. economy.
