Wall Street, stocks
Digest more
Wall Street is edging lower at the start of a week full of economic reports that could drive where interest rates, and thus stock prices, go.
Oracle was one of the heaviest weights on the market after analysts said they were surprised by how much the tech giant plans to spend on AI infrastructure.
The Dow Jones ended 260 points off the highs of the day and below the flat line, while the S&P 500 and Nasdaq underperformed, the latter in particular, with a 0.6% fall, led by an extended sell-off in shares of Broadcom,
The S&P 500 slipped 0.3% for just its second loss in the last 11 days, but it remains within 0.6% of its all-time high set in October. The Dow Jones Industrial Average dropped 215 points, or 0.4%, and the Nasdaq composite edged down by 0.1%.
10don MSNOpinion
State Street still using DEI to curry favor with leftist state officials despite Wall Street clampdown
Woke investing has faced a clampdown on Wall Street, but if its critics are to be believed State Street – one of the biggest asset managers in the US – is still using it to curry favor with leftist state and local officials who control hundreds of billions of dollars in pension money, The Post has learned.
Strategists are divided on valuations — specifically, on the direction of the forward price-earnings (P/E) ratio as it hovers near five-year highs.
Asian shares are mixed after the U.S. stock market again approached its record high following the Federal Reserve’s cut in its main interest rate.
NEW YORK (AP) — Wall Street is tumbling Tuesday as rising pressure from the bond market pulls U.S. stocks further from their records. The S&P 500 sank 1.4% and was on track for its worst day in a month. The Dow Jones Industrial Average was down 516 ...
Citigroup Inc. strategists recommend emerging-market investors seek trades cushioning against a potential rebound in the dollar, in contrast with Wall Street peers that expect more weakness for the US currency.