Articles written by Stan Choe & Damian J. Troise

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Wall Street rally marks first weekly win streak since summer

Technology stocks led a broad rally on Wall Street Friday, capping another strong week for the market, as investors welcomed solid profits from Apple and other companies. The S&P 500 rose 2.5% and posted its first back-to-back weekly gains since...

 

Stocks dip deeper into bear market ahead of big Fed news

NEW YORK (AP) — Most stocks on Wall Street dipped Tuesday in their first trading after tumbling into a bear market on worries that high inflation will push central banks to clamp the brakes too hard on the economy. The S&P 500 fell 14.15, or 0.4%, t...

 

GameStop soars again; Wall Street bends under the pressure

Another bout of selling gripped the U.S. stock market Friday, as anxiety mounts over whether the frenzy behind a swift, meteoric rise in GameStop and a handful of other stocks will damage Wall Street overall. The S&P 500 dropped 1.9%, giving the benc...

 

Wall Street slips amid worries about worsening pandemic

Stocks ended an up-and-down week on a down note on Wall Street Friday, taking 0.7% off the S&P 500. The benchmark index logged its first weekly loss so far this month. Worries about the worsening pandemic and the restrictions it's bringing are outwei...

 

Stocks end another wobbly day lower as virus cases rise

Wall Street's losses mounted for the second straight day Tuesday as momentum slows on worries about rising virus counts and Washington's inability to deliver more aid to the economy. The S&P 500 fell 0.3% after spending much of the day swinging...

 

Stocks rise as Trump tweets on stimulus keep market spinning

Stocks closed broadly higher on Wall Street Wednesday after President Donald Trump appeared to backtrack on his decision to halt talks on another rescue effort for the economy. The S&P 500 climbed 1.7% after Trump sent a series of tweets late...

 

Wall Street rallies as optimism returns to cap erratic week

NEW YORK (AP) — Optimism returned to Wall Street on Friday, and stocks rallied to cap a shaky week dogged by worries that rising coronavirus counts may halt the economy's recent upswing. The S&P 500 climbed 1%, and the biggest gains came from c...

 

Stocks rally worldwide on hopes for coming economic recovery

NEW YORK (AP) — Stocks rose again Tuesday, part of a strong and worldwide rally for markets, after a big rebound in buying at U.S. stores and online raised hopes that the economy can escape its recession relatively quickly. The S&P 500 climbed 1...

 

Wall Street's rally zooms higher after surprise gain in jobs

For weeks, critics said Wall Street's big rally made no sense when the economy seemed set for only more despair. On Friday, it got a bit of validation. The S&P 500 jumped another 2.6% after a report said the U.S. job market surprisingly strengthened...

 

Stocks rise on hopes that awful jobs report marks the bottom

Wall Street doubled down on its bet that the worst of the recession has passed, sending stocks higher again on Friday despite another historic, crushing report on the job market. Stocks around the world were already rising before the U.S. government...

 

Stocks climb worldwide as oil prices crawl off the floor

NEW YORK (AP) — Stock rose on Wednesday, and the S&P 500 recovered a chunk of this week's sharp losses as a bit of oxygen pumped through markets around the world. Even oil gained ground, pulling further away from zero after earlier getting turned ups...

 

Hope takes the reins on Wall Street, stocks rally worldwide

NEW YORK (AP) — In Wall Street's tug of war between hope and pessimism about the coronavirus pandemic, hope is fighting back. U.S. stocks joined a worldwide rally Friday and closed out their first back-to-back weekly gain since the market began s...

 

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