Articles written by Stan Choe & Alex Veiga
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Wall Street climbs as some beaten-down bank stocks recover
Stocks are broadly higher on Wall Street Tuesday, as some of the most breathtaking moves from a manic Monday reverse course. The S&P 500 was 0.8% higher in afternoon trading after a report showed inflation is still high but heading lower. Stocks of...
Stocks end September down 9.3%, worst month since March 2020
Wall Street closed out a miserable September on Friday with the S&P 500's worst monthly skid since March 2020, when the coronavirus pandemic crashed global markets. The benchmark index ended the month with a 9.3% loss and posted its third straight...
Stocks slide as strong economic data raises rate worries
NEW YORK (AP) — A swift jump in Treasury yields rattled Wall Street on Wednesday, pulling stocks broadly lower at the start of another month in what's been a turbulent year for the market. The S&P 500 ended 0.7% lower after an early morning gain q...
Wall Street's losses worsen as markets tumble worldwide
NEW YORK (AP) — Stocks racked up more losses on Wall Street Monday, leaving the S&P 500 at its lowest point in more than a year. The sell-off came as renewed worries about China's economy piled on top of global financial markets already battered by r...
Stocks stumble 2.8% as worries about interest rates worsen
NEW YORK (AP) — Stocks tumbled on Wall Street Friday, leaving the S&P 500 with its biggest one-day loss in almost seven weeks, as worries deepen about a surge in interest rates and the U.S. central bank's efforts to fight inflation. Several d...
Stocks rally on Wall Street as oil prices keep falling
NEW YORK (AP) — Technology companies led stocks broadly higher on Wall Street Tuesday, as oil prices slid sharply for the second day and inflation worries ebbed. The market rally came a day ahead of the Federal Reserve's highly anticipated i...
Stocks tumble as war overshadows 'fantastic' US jobs data
NEW YORK (AP) — Stocks around the world racked up more losses Friday, as even a gangbusters report on the U.S. jobs market can't pull Wall Street's focus off its worries about the war in Ukraine. The S&P 500 fell 0.8% and posted its third weekly l...
Stocks fall as trading starts for year of great expectations
U.S. stocks pulled back from their recent record highs Monday, as big swings return to Wall Street at the onset of a year where the dominant expectation is for a powerful economic rebound to sweep the world. The S&P 500, which ended 2020 at an...
Tech's sudden sell-off continues; Nasdaq sinks 10% in 3 days
NEW YORK (AP) — Big technology stocks tumbled again on Tuesday, continuing the Icarus-like flight path for companies that just a week ago were the high-flyers carrying Wall Street to record heights. The S&P 500 fell 95.12, or 2.8%, to 3,331.84 and c...
S&P 500 ticks up as record-busting, wishy-washy week closes
NEW YORK (AP) — More gains for tech stocks are helping prop up an otherwise wobbly Wall Street on Friday, as a record-breaking but wishy-washy week of trading comes to a close. The S&P 500 was up 0.3% in afternoon trading, even though most stocks i...
How can Wall Street be so healthy when Main Street isn't?
NEW YORK (AP) — The stock market is not the economy. Rarely has that adage been as clear as it is now. An amazing, monthslong rally means the S&P 500 is roughly back to where it was before the coronavirus slammed the U.S, even though millions of w...
Wall Street keeps rallying; S&P 500 back within 2% of record
NEW YORK (AP) — Wall Street's big rally keeps rolling, and the S&P 500 rose for a fourth straight day Wednesday to sit just 1.7% below its record. The S&P 500 climbed 21.26 points, or 0.6%, to 3,327.77, echoing gains for stocks across Europe and A...
Wall Street's rally fizzles as oil prices suddenly plunge
NEW YORK (AP) — A big rally on Wall Street suddenly vanished Tuesday, undercut in part by another plunge in the price of oil. The S&P 500 dipped 0.2% after erasing a surge of 3.5% earlier in the day. The market's gains faded as the price of U.S. c...
Stocks plummet amid coronavirus fears and oil-price crash
Stocks took their worst one-day beating on Wall Street since the global financial crisis of 2008 as a collapse in oil prices Monday combined with mounting alarm over what the coronavirus could do to the world economy. The staggering losses,...
US stocks end turbulent week with broad gains
You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August. And there could be plenty more where that came from. Two notoriously...
Why Wall Street's worried about Tesla
Elon Musk's track record for technological feats as chief of SpaceX has turned skeptics into believers in everything from his quest to open space travel to Mars to his desire to build a tunnel for high-speed travel between New York and Washington....
