Stock market today: Dow snaps 6-day losing streak, Powell warns on inflation
One of the hotter biotech companies on the scene might be changing owners
The EV stock rose nearly 2% ahead of its highly anticipated Q1 earnings report, due after tonight's close.
U.S. stocks ended mixed on Tuesday after a volatile session fueled by rising bond yields and fears that the Federal Reserve may need more time before it can pivot to rate cuts. The Dow Jones Industrial Average rose about 63 points, or 0.2%, closing near 37,798, well off the session's high. The
Equities retreated after inflation data called the Fed's rate-cut plans into question.
Equities rallied on easing geopolitical tensions, upcoming quarterly results.
The main indexes temporarily tumbled after Fed Chair Powell said interest rates could stay higher for longer.
Strength in several mega-cap tech and communication services stocks kept the main indexes higher Thursday.
US stocks searched for direction on Tuesday as the Dow looked to snap a
Investors were bracing for a wholesale inflation print, after a surprise uptick in CPI shook markets and undermined bets on interest-rate cuts.
US stocks fell on Wednesday, struggling to mount a comeback as investors’ interest rate worries coincided with a fresh slate of corporate earnings. After all three major indexes started the day in the green, the S&P 500 (^GSPC) ended down about 0.6%. The Dow Jones Industrial Average (^DJI) lost a more modest 0.1%. Meanwhile, the […]
Worries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.