Search results
Results from the WOW.Com Content Network
US stocks traded mostly lower on Monday, retreating from last week's record highs. While the Nasdaq 100 rose slightly, the Dow Jones Industrial Average declined by nearly 350 points.
U.S. stocks jumped in early trading, then zigzagged throughout the day. The broad S&P 500 closed down 13 points, or 0.2%, after trading as low as 0.9% lower midday.
Initial jobless claims, meanwhile, fell unexpectedly to an eight-month low of 211,000 last week, marking a drop of 9,000. Economists had expected 222,000 claims for the week.
Stocks fell 3% on the day and a modest recovery still left stocks down for the week. Post-election euphoria in markets has evaporated as investors begin to grapple with the disruption Trump’s ...
US stocks edged lower on Wednesday as investors continued to adjust their outlook for Fed rate cuts. Investors see a 69% chance the Fed will cut rates two more times in 2024.
There is no apparent crisis on the horizon right now, but the unemployment rate has ticked higher from 3.7% to 4.2% during 2024, and a further deterioration in the jobs market might be a precursor ...
For years, many experts recommended a retirement portfolio should consist of 60 percent stocks and 40 percent bonds. This balanced the need for growth with the relative safety and income of bonds.
US stocks ended Friday in the red, closing out a lackluster week despite a year of historic highs. The “Magnificent Seven” group of high-performing tech stocks — Alphabet, Amazon, Apple ...