Wall Street's main indexes jumped on Wednesday, propelled by technology and financial stocks, as signs of progress in Ukraine-Russia peace talks lifted sentiment ahead of a widely expected interest rate hike by the Federal Reserve.
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Wall Street's main indexes jumped on Wednesday, led by gains in technology and financial stocks, as signs of progress in Ukraine-Russia peace talks lifted sentiment ahead of a widely expected interest rate hike by the Federal Reserve.
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In the days after the Jan. 6, 2021 attack on the U.S. Capitol, dozens of companies said they would suspend political donations to Republican lawmakers who had backed then-President Donald Trump's baseless claims of fraud in the 2020 election.
Markets rallied for a full trading session Tuesday — as opposed to Monday, when gains petered out (or failed to notably materialize, in the Nasdaq’s case) as the day moved along. The Dow closed +599 points, +1.82%, the S&P 500 performed even better, +2.14%, and the re
U.S. stocks rallied on Tuesday and the S&P 500 ended a 3-day skid as another drop in oil prices and a softer-than-expected reading on producer prices helped ease inflation fears among investors, with the focus turning to the Federal Reserve's upcoming policy announcement.
U.S. stocks rallied on Tuesday and the S&P 500 ended a 3-day skid as another drop in oil prices and a softer-than-expected reading on producer prices helped ease inflation fears among investors, with the focus turning to the Federal Reserve's upcoming policy announcement.
U.S. stocks rallied on Tuesday, with the S&P 500 poised to snap a 3-day streak of declines as another drop in oil prices and a softer-than-expected reading on producer prices helped ease inflation fears among investors who are now focused on the Federal Reserve's upcoming policy announcement.
Inflation is one of the biggest concerns for investors lately. The CPI index for February jumped to a 7.9% annual rate, the highest since January 1982. Gasoline, housing, and food prices were the biggest contributors to the increase.
Wall Street's main indexes climbed on Tuesday as oil prices extended declines and data showed a softer-than-expected rise in producer prices, with investors remaining focused on the outcome of the Federal Reserve's two-day policy meeting.
Blockchain technology firm ConsenSys said on Tuesday its valuation had more than doubled to over $7 billion after its latest funding round that included investments from SoftBank Vision Fund 2 and Microsoft.
The market has gone cold on growth stocks. With high inflation, looming interest rate hikes, Russia's invasion of Ukraine, and other factors creating turbulence, the appetite for risk has changed. Investors want earnings, they want them now, and this has led to a marketwide reapp