Uncategorized

Weak Jobs Report Sends Stocks Higher as Fed Hike Fears Fade

Bad economic news became good news for stocks Wall Street got a surprisingly weak jobs report Friday and responded by buying stocks. The U.S. economy added just 29,000 jobs in September, while the unemployment rate edged higher to 4.2%. The

Stock Market Today: Tech Stocks Rally, Cooler PCE Cuts Fed Hike Odds

One inflation report changed the rate conversation U.S. stocks moved higher Wednesday after a cooler-than-expected inflation reading gave investors a reason to rethink the Federal Reserve’s next move. The Nasdaq Composite rose roughly 1%, while the S&P 500 added about

Nasdaq Holds Near Record as Oil Rebounds Toward $100

AI is keeping the market afloat Wall Street spent Tuesday caught between two very different trades. The Nasdaq pushed higher and touched another intraday record as enthusiasm around artificial intelligence continued to support technology stocks. The S&P 500 was roughly

Stocks Rally as Inflation Pushes Fed Hike Odds Toward 90%

Wall Street just shrugged off a rate hike Friday gave the market a combination that normally causes trouble. Consumer prices rose 0.4% in August and 3.4% from a year ago, inflation remains well above the Federal Reserve’s 2% target, and

S&P 500, Nasdaq Rise as Inflation Cools Again

Another soft inflation print lifts stocks US stocks moved mostly higher Thursday after another inflation report showed price pressures easing. The S&P 500 gained 0.4%, while the Nasdaq Composite rose 0.2%. The Dow Jones Industrial Average slipped about 0.2%. The

Stocks Slip as US-Iran Talks Stall Before CPI

Markets lose momentum as Iran talks stall US stocks slipped Tuesday as the standoff between Washington and Tehran hardened and hopes faded for a near-term diplomatic breakthrough. The Dow Jones Industrial Average and S&P 500 moved below the flat line,

Weak July Jobs Report Gives Fed Room to Hold

July hiring came in much weaker than expected The US economy lost 23,000 jobs in July, a sharp miss against expectations for an 80,000-job gain. The weakness was not limited to one month. May and June payrolls were revised down

Dow Climbs as Trump Says Hormuz Deal Is Close

Stocks cooled after record highs US stocks moved modestly higher Wednesday after a sharp rally, with investors weighing earnings from SpaceX and AMD against fresh comments from President Trump that a deal to reopen the Strait of Hormuz could come

Stocks Wobble as Chips Drop and Oil Falls Before Fed

The market lost momentum after a strong open US stocks fluctuated Monday after an early rally faded, as weakness in chip stocks offset relief from falling oil prices. The Dow Jones Industrial Average gained 0.5%, while the S&P 500 hovered