Stock market today: Dow snaps 6-day losing streak, Powell warns on inflation
Tesla Inc. shares are down 3.9% in Thursday morning trading after a Deutsche Bank analyst downgraded them to hold from buy, and they're on track to log their fifth session in a row of losses. That would make for Tesla's longest losing streak since the stock fell for six trading days in a row during
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
The main indexes temporarily tumbled after Fed Chair Powell said interest rates could stay higher for longer.
US stocks searched for direction on Tuesday as the Dow looked to snap a
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.
These stocks are all rallying early Tuesday, amid a flurry of earnings reports and a little M&A news. ↗️ Tesla (TSLA): All eyes are on the [EV maker's earnings](https://www.wsj.com/livecoverage/stock-market-today-earnings-04-23-2024/card/tesla-repo
The property and casualty insurer posted a bottom-line miss as catastrophe losses spiked.
↗️ United Airlines (UAL): The airline reported a jump in first-quarter revenue, boosted by [strong demand for flights](https://www.wsj.com/livecoverage/stock-market-today-earnings-04-16-2024/card/united-strikes-deals-for-airbus-jets-after-boeing-
Investors have continued to backpedal on the stock market, especially in the banking sector, on the back of the proposed recapitalization of the banks announced late last month by the Central Bank of Nigeria, CBN.
Stocks sold off sharply Friday on disappointing bank forecasts and speculation that Iran is planning an attack on Israel.
A rally in tech heavyweights lifted the broader stock market, with the group’s high-stakes earnings seen by Wall Street investors as a major test of the bull run in equities.