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The biggest companies in the S&P 500 took a beating, wiping out nearly $480 billon from the benchmark index yesterday—and according to experts, they aren't in the clear yet.
Why did stocks sell off after a promising start? Rising energy prices and a presidential threat changed the market's mood.
US equity indexes fell after the annual inflation rate jumped to the highest in three years and Pres
Consumer prices rose 4.2% annually in May, the fastest pace since 2023, as energy costs driven by the U.S.-Iran conflict surged
The monthly pace of inflation slowed in both the headline and core readings for May, released Wednesday. Headline inflation rose 0.5% month over month, a bit of a break from April’s 0.6% advance and in line with expectations. Core inflation was up just 0.2% month over month in May after a 0.4% gain in April.
The stock market is already showing signs of reversing. The Nasdaq was down 0.4% after falling further at the open. The S&P 500 was down 0.2%. The Dow was down 190 points, or 0.4%. The May CPI was in line with expectations, but many on Wall Street were fearing an even worse report given the Iran war's impact on energy prices.
Payne Capital Management President & ‘Payne Points of Wealth’ Podcast Host Ryan Payne and Yahoo Finance Senior Autos Reporter Pras Subramanian join Morning Brief Host Julie Hyman to break down the SpaceX (SPCX, SPAX.PVT))IPO and who the investors are piling into the oversubscribed IPO.
The stock market’s slide continued on Wednesday after the latest inflation report failed to rouse Wall Street. The Dow fell 340 points, or 0.7%. The yield on the 2-year Treasury note was down to 4.12%.
June 10 (Reuters) - Wall Street's main indexes opened lower on Wednesday, as a selloff in technology stocks continued and renewed tensions between the U.S. and Iran overshadowed a tame May inflation
US stocks were set to open lower on Wednesday, but investors gained a little confidence from fresh inflation data ahead of the opening bell, while there were conflicting Middle East messages that pushed oil prices higher. Futures pointed to a weaker start on Wall Street, with the Dow Jones,...
Turbulence in tech stocks continued Tuesday, with the Nasdaq closing down 1%. By contrast, nine of the 11 sectors in the S&P 500—including real estate, consumer staples and healthcare—traded in the green.
Stocktwits data showed retail traders continued to maintain a ‘bullish’ stance on QQQ, but have turned ‘neutral’ on SPY.
The May inflation report sets the stage for Fed Chair Kevin Warsh and the Federal Open Market Committee (FOMC) to act.
The week of June 8 handed global markets a sharp reminder of how quickly sentiment can shift. Goldman Sachs removed its 2026 Fed rate cut calls. The Nasdaq fell 5% on the May jobs report. Investors who had been positioned for easing scrambled to recalibrate. The wall of worry that has defined ...
The slide extended a bout of volatility that has raised worries that stocks’ record run is rooted in the staggering gains of a handful of chip companies. Many gainers were tied to the real economy: Shares in Home Depot were among the Dow’s best performers, while Jif maker J.M. Smucker led the S&P 500.
23.5 billion That's the number of shares that traded hands Tuesday in the U.S. stock market, the third-highest total of the year, according to Dow Jones Market Data. The Nasdaq composite volume was 12.
Markets are also assessing the odds for a Mideast peace plan after the US and Irn traded strikes.
Markets are also assessing the odds for a Mideast peace plan after the US and Irn traded strikes.
Markets are also assessing the odds for a Mideast peace plan after the US and Irn traded strikes.
US stock futures fell in the wait for
US stock futures traded mixed amid reports that the US struck Iran after President Trump said the country had downed a US Apache helicopter.
US stock futures traded mixed amid reports that the US struck Iran after President Trump said the country had downed a US Apache helicopter.
Stocks took a wild ride on Tuesday. Shares rose at the open before a midday selloff, then made up some ground toward the end of the session. The Nasdaq composite fell about 1%, and the S&P 500 declined 0.
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