Dow drops 332 points as Caterpillar, Eli Lilly slump; chipmakers rally on Trump’s tariff exemption NEW YORK: U.S. stocks reversed early gains and closed lower on Thursday as renewed concerns over President Donald Trump’s tariff policy weighed on investor sentiment, with industrial and pharmaceutical shares leading the retreat. The Dow Jones Industrial Average fell 332…
Dow Jones slips 62 points as services data and tariff talk rattle investor confidence U.S. stocks retreated Tuesday as investors weighed weaker-than-expected economic data and fresh tariff remarks from President Donald Trump, raising concerns about the health of the economy. The S&P 500 fell 0.49% to close at 6,299.19, while the Nasdaq Composite dropped 0.65%…
Investors eye trade talks and earnings reports as markets recover from Friday’s steep losses U.S. stocks surged Monday, clawing back sharp losses from the previous session as investors weighed trade developments and upcoming earnings reports. The Dow Jones Industrial Average jumped 480 points, or 1.1%, while the S&P 500 rose 1.3%. The Nasdaq Composite led…
Dow Jones today plunges nearly 500 points as investor confidence shaken U.S. stocks tumbled Friday as investors digested disappointing labor market data and a fresh wave of tariffs announced by President Donald Trump, sparking fears of a broader economic slowdown. The Dow Jones Industrial Average fell 498 points, or 1.1%. The S&P 500 dropped 1.5%,…
Dow Jones drops 131 points despite blockbuster results from Microsoft and Meta; broader market struggles amid Fed uncertainty and tariff tensions U.S. stocks seesawed Thursday as the S&P 500 and Nasdaq Composite briefly touched intraday records before retreating, weighed down by weakness in broader sectors despite stellar earnings from Microsoft and Meta Platforms. The S&P…
Dow Jones slides 300 points as Powell tempers rate cut expectations amid tariff concerns Stocks fell Wednesday as Federal Reserve Chair Jerome Powell dashed hopes for near-term interest rate cuts, indicating the central bank is still evaluating the inflationary impact of higher tariffs imposed by President Donald Trump. The S&P 500 lost 0.3% after gaining…
Another week, another round of record highs U.S. stocks closed out a winning week on Friday, propelled by strong corporate earnings and optimism over international trade deals. The S&P 500 rose 0.40% to a new peak of 6,388.64—marking its 14th record close this year and its fifth in a row. The Nasdaq Composite also hit…
Dow Jones slips as UnitedHealth drags; Nasdaq, S&P 500 notch record highs amid tech rebound U.S. Stocks climbed in afternoon trading Thursday, with both the Nasdaq composite and S&P 500 hitting fresh record highs as investors digested corporate earnings and global monetary updates. The Nasdaq composite rose 0.3% to a session high of 21,107, setting…
Dow Jones rises 179 points to extend winning streak as healthcare stocks lift sentiment amid tech weakness U.S. stocks inched to fresh highs Tuesday, as investors digested mixed corporate earnings and updates on trade policies. While the S&P 500 marked its 11th record close of the year, declines in key tech names weighed on broader…
Dow Jones sheds 125 points as trade worries temper investor optimism U.S. stocks closed mixed Friday as fresh economic data reassured investors about growth, even as tariff tensions resurfaced. The tech-heavy Nasdaq Composite (IXIC) inched higher to a new closing record, while the S&P 500 (GSPC) and Dow Jones Industrial Average (DJI) gave back modest…
Earnings surprises, falling jobless claims & robust retail sales fuel market gains; PepsiCo, United Airlines lead rally U.S. stocks advanced solidly Thursday as encouraging corporate earnings reports and robust economic data bolstered investor confidence. The S&P 500 rose 0.5 percent. The Dow Jones Industrial Average gained 229 points, or 0.5 percent. The technology-focused Nasdaq Composite…
U.S. stocks rebounded Wednesday after President Donald Trump said he has no intention of firing Federal Reserve Chair Jerome Powell, easing investor concerns about potential leadership upheaval at the central bank. The major indexes fell as much as 0.8% late morning following a report in The Wall Street Journal that Trump suggested to GOP lawmakers…