As Federal Reserve Chairman Jerome Powell warned of an extended period of weak growth and stagnant incomes, the S&P 500 and Dow dove on Wednesday…
Tag: S&P 500
Stocks jump despite Great Depression-like U.S. job losses
After data on historic U.S. job losses due to the COVID-19 crisis showed they were slightly fewer than feared, major U.S. stock indexes jumped on Friday…
Apple helps fuel market rally as U.S. states prepare to relax shutdowns
Friday saw a U.S. stock market rally, led higher by Apple and Microsoft as investors finished a turbulent week of trading…
Dow futures point to 400-point jump as COVID-19 outlook improves
Stock futures jumped in early morning trading Tuesday as investors grew more optimistic about the COVID-19 outlook while bracing for the start…
S&P 500 rallies to join Dow in exiting bear market
U.S. equity markets rallied to session highs Wednesday as the S&P 500 exited its bear market helped by a basket of news investors believe will be…
S&P 500 set for worst first quarter since 1938
The S&P 500 on course for its worst first quarter since 1938, even as Wall Street seemed to steady on Tuesday as investors returned to stocks that are…
Dow soars to close up 11% in best day since 1933
The Dow Jones Industrial Average soared on Tuesday, logging its best day in 87 years as the Trump administration neared agreement on a $2 trillion…
Apple may be the best of all coronavirus ‘losers’
Apple stock may be the best of all of the coronavirus ‘losers,” showing relative out-performance vs. the S&P 500. That’s important…
Dow crashes 10% in biggest one-day percentage drop since 1987
U.S. stocks tumbled more than 9% on Thursday, as the Dow, S&P 500 and Nasdaq all crashed in response to the global coronavirus pandemic…
Apple shares plunge near $250 as trading is temporarily halted
As the COVID-19 coronavirus outbreak continues to result in a rollercoaster stock market, Apple shares plunged to open at $255.94 this morning…
Stocks rally in the final hour of trading on fiscal stimulus prospects
Stocks rose in strongly in late trading as investors weighed the prospects of fiscal stimulus to curb slower economic growth due to the COVID-19 coronavirus…
Apple lost $100 billion in market value in trading today
Today in Wall Street panicking, er… trading, Apple plunged $100 billion in value while Microsoft plummeted by $83.6 billion as the broader market…
Coronavirus worries spark panic-driven sell-off on Wall Street
Today, amidst a veritable Wall Street panic, all three major U.S. stock averages opened sharply lower in a plunge so steep it triggered a trading halt…
Coronavirus pandemic fears fuel Wall St. correction
For the sixth straight session, Wall St.’s main indexes plummeted on Thursday, with the S&P 500 confirming its fastest correction in history…
Apple stock, other techs fall as coronavirus spreads beyond China
In Monday trading, Apple and other tech stocks fell amid reports that the China coronavirus outbreak threatens to turn into a pandemic. Apple stock fell …
S&P 500, Nasdaq hit new all-time highs
The S&P 500 and the Nasdaq hit all-time highs on Wednesday on confidence in the U.S. economy and hopes that China would take more measures…
Wall Street notches record highs on trade optimism, Apple gains
As optimism about a U.S.-China trade deal firmed and Apple along with other large caps posted strong gains, major U.S. stock indexes registered record closing highs…
Wall Street extends record-setting climb on upbeat U.S. economic data
The benchmark S&P 500 hit a record high for a fourth straight session, building on its 27% gain this year while Apple shares hit a new all-time record…
Wall Street sets records on U.S.-China trade progress optimism
Each of Wall Street’s three major averages kicked off the trading week with record closes on Monday as signs pointed to progress between the United States and China…
Dow, S&P 500, and Nasdaq hit record highs after White House economic advisor Kudlow signals U.S.-China trade deal getting close
The Dow Jones Industrial Average hit a new record high today after the Trump administration’s National Economic Council director Larry Kudlow said…
Stocks jump as China-U.S. trade talks come into focus
U.S. stocks rose Wednesday, as China and the U.S. attempted to ease simmering tensions, a day before high-level trade talks are scheduled to commence…
U.S. stock futures drop 380 points after China retaliates, escalating trade war
U.S. stock futures fell sharply on Monday as a trade war between the world’s largest economies intensified…
Dow posts best June since 1938
U.S. stock benchmarks have mostly enjoyed a healthy run-up on the back of the Federal Reserve’s…
Wall Street nears record as mood on trade again turns optimistic
Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing…
U.S. unemployment hits five-decade low as employers step up hiring, wages increase
Steady job growth and solid wage increases have enlarged Americans’ paychecks…
U.S. consumer spending surges to post biggest rise in more than 9-1/2 years
Plus, price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months…
U.S. jobless claims at 50-year low
The fewest people in nearly 50 years sought unemployment benefits last week, a sign of a strong job market…
Apple, tech stocks drive S&P 500 near record
Technology stocks are extending their leadership on Wall Street as the S&P 500 trades near…
President Trump: China tariffs could stay in place for a ‘substantial period of time, ‘ still-developing trade deal ‘is coming along nicely’
President Donald Trump said Wednesday that his administration’s tariffs on Chinese imports…
Smartphone shipments to China hit six-year low in February
Smartphone shipments to China in February fell to their lowest in six years…
‘The risk paid off’: How Apple prevailed in the U.S.-China trade war
As the Trump administration sends signals about a potential trade deal with Beijing…
Foxconn workers line up to leave the world’s largest iPhone assembly plant as overtime opportunities plunge
It is a normal Saturday in Zhengzhou, the capital of central China’s Henan province…
Apple supplier AAC Tech suffers stock plunge after profit warning
Apple Inc supplier AAC Technologies Holdings Inc saw its shares dropped 13 percent…
President Trump says U.S.-China trade deal ‘very, very close,’ pushes U.S. stocks higher
U.S. stocks rose on Monday after President Donald Trump said he would delay a planned hike in tariffs…
Dow rallies more than 300 points as U.S.-China trade talks progress
Stocks traded near intraday highs Friday, with the Dow and the Nasdaq on track…
Billionaire CEO Benioff foresees several years of strong growth for U.S. economy
A record $7.9 billion was spent on Cyber Monday this year, up 19.3% year over year…
Dow and S&P 500 rise on hopes of US-China trade deal
Stocks rose on Tuesday in choppy trading as investors hoped the U.S. and China will strike a deal on trade…
Has Apple’s share price finally bottomed out?
Warren Buffett’s latest 13-F filing showed the billionaire investor added 522,802 shares of Apple…
U.S. again assumes throne as world’s most competitive economy; first time since 2008
The U.S. is back on top as the most competitive country in the world…
How President Trump created a tremendous U.S. economic boom
The current numbers are a uniquely Trumpian achievement and not owed to policies already set in motion when he took office…
Nasdaq set to chalk up its biggest August percentage gain in 18 years
President Trump will be in North Carolina where he is expected to sign today an executive order that will make it easier for…
Apple led company stock buybacks during record Q1
Thanks in part to President Donald Trump’s tax reform which cut the corporate tax rate to 21% from 35%…