financial news

The S&P 500 rose Monday but closed out its worst month since March 2020 as expectations for higher interest rates erode enthusiasm for stocks.The broad U.S. stock index retreated 5.3% in volatile trading in January as investors…

Stocks erased all of their gains Thursday as moves in the bond market signaled concern that the Federal Reserve may make a mistake as it raises interest rates to fight inflation.News that the economy grew faster than expected in the…

U.S. inflation hit its fastest pace since 1982, but stocks on Wednesday took the news in stride. The hot pace of inflation was generally in line with expectations, and major U.S. equity indexes ended…

A private gauge of China’s services sector slipped further into contraction in November, the lowest reading since May, reflecting continued downward pressures brought by the government’s efforts to stamp out COVID-19…

Text size Stocks have struggled as investors face tighter monetary policy from…

The stock market was tumbling—again—Tuesday, with the S&P 500 back in correction territory following a massive turnaround Monday. All eyes were on the Federal Reserve as its two-day monetary policy meeting begins.In afternoon…

Text size It has been a bumpy week on Wall Street. Ed…

Text size Wall Street trading will return in force Tuesday.…

The Dow Jones Industrial Average rose Monday as bond yields rose and oil prices climbed to their highest level in three years.   Rising Treasury yields—the 10-year has ticked up to 1.48%—help explain the divergence. Last week, the…

The stock market’s winter selloff deepened this week, pushing all three major indexes further in the red for 2022. The S&P 500 and Dow Jones Industrial Average both fell a second straight week, while the Nasdaq Composite has been…