Global stocks fell on Friday, pressured by uncertainty surrounding the conflict in Ukraine and expectations that the Federal Reserve will raise U.S. interest rates next week. The Nasdaq and S&P 500 fell, weighed down by technology and growth stocks. Oil prices stabilized for the day but fell for the week
PepsiCo Inc. DYNAMISM -2.82% is considering options for its business in Russia, including canceling the value of the unit, people familiar with the matter say, a move that would mark a turning point for a company that introduced American cola to the Soviet Union at its peak cold War. PepsiCo
By DAMIAN J. TROISE, AP Business Writer Stocks extended their losses on Wall Street on Friday as major indexes ended with another weekly loss. The S&P 500 fell 1.9% and posted its worst weekly performance since March 2020. The Dow Jones Industrial Average fell 1.3% and the Nasdaq lost 2.7%.
Stocks lost ground on Thursday as investors debated whether to look for strong or weak economic data in light of their impact on the Federal Reserve’s future monetary policy decisions. At 11:15 a.m. EDT, Dow Jones Industrial Average (DJINDICES: ^ DJI) was down 221 points to 34,593. S&P 500 (SNPINDEX:
The stock market continued to decline on Wednesday, driven by a sharp rise in consumer prices that raised further inflation fears. The US consumer price index rose 0.8% in April, with higher gasoline prices playing a major role in the recovery. This sent stock traders scrambling once again for cover.
Stocks rallied to highs, fueled by excitement over an upcoming coronavirus vaccine as well as relief that the election – widely expected for months – had passed. These expectations give investors more confidence that social and business activity has the potential to return to some normalcy after months of lockdowns,
Market volatility is collapsing to levels not seen since February, the latest sign of optimism about a stock rally that has lifted major indices to new highs this week. Stocks rose to record highs, fueled by excitement over an upcoming coronavirus vaccine as well as relief that the election –
Large manufacturers report lower sales to companies ranging from cruise ship builders to medical practices as the The coronavirus pandemic continues to weigh on economic activity around the world. caterpillar Inc. CAT -2.98% said on Tuesday that revenues had fallen by at least a fifth in the last quarter in
The stock market fell sharply on Friday, as a combination of coronavirus concerns and new regulatory pressures on the nation’s biggest banks weighed on investor sentiment. The Federal Reserve will prevent systemically important banking institutions from repurchasing shares during the third quarter of 2020, and they will have to keep
Time initiate explains who we are and what we do, and offers a behind-the-scenes look at how our journalism comes together. Broadway closed its curtains. The National Basketball Association has suspended its season. President Trump has declared a national emergency. And investors saw the Dow Jones Industrial Average experience its
The US dollar fell on Tuesday after Wall Street opened lower, prompting a risk aversion movement that benefited safe havens of the Japanese yen and Swiss franc against the greenback. The Dow Jones Industrial Average, S&P 500 and Nasdaq Compositeall fell more than 2% before recovering before the close. The
Investing in the stock market takes discipline. Just when you think everything seems to be going smoothly and your portfolio is steadily increasing, market volatility appears – often out of nowhere – and calls your entire investment strategy into question. But the only lesson smart investors have learned – usually
Shares of Netflix Inc. rose nearly 4% on Tuesday in a declining market as three analysts moved to raise their stock price targets and downplayed the competitive threat to the streaming giant from its companies. rivals. The stock ended the session up 3.7% at a record $ 404.98, closing above
(Adds quotes, details on stocks and Fed, updates prices) * Stock decline increases demand for bonds * U.S. 10-year yields lowest since March 1 By Karen Brettell NEW YORK, March 21 (Reuters) – U.S. Treasury yields fell to three-week lows on Tuesday as stock markets tumbled, raising demand for low-risk
Shorrible sellers have a bad reputation. They are often vilified by the media for âganging upâ against ailing companies or even causing stock market crashes. There is little evidence to support the latter, however, and the truth is that short sellers are a necessary part of the market. They help