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The losses extend the market's losing streak to five days, putting the Santa Claus rally at risk. Apple stock dropped more than 2.5%. Tesla fell 6% after reporting deliveries.
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion. In commodities, bonds, and crypto: West Texas Intermediate crude oil dropped 1% to $67.62 a barrel.
In the stock market today, we saw a bevy of buyers, with major U.S. indices hitting their highest levels in more than a month.We saw the SPDR S&P 500 ETF (NYSEARCA:SPY) jump 1.25%, the SPDR Dow ...
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
If Treasury yields continue to rise, either stock prices need to fall or companies need to produce bigger profit growth to make up for it. All told Tuesday, the S&P 500 rose 6.69 points to 5,842.91.
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
The S&P hovered over another record close after the index marked its 69th all-time high of the year at the end of yesterday’s trading, along with broader market advances in the final stretch of ...