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MacDonald's stock dropped 6% after the Centers for Disease Control and Prevention said an outbreak of E. Coli linked to the fast food chain's quarter pounders led to one death and 10 hospitalizations.
US stocks were up on Friday as the market headed for a weekly gain. The US dollar, meanwhile, surged to its highest since November 2022. Earnings season has nearly concluded with 77% of S&P 500 ...
The stock ended the day at $138.37. Also on Thursday, investors digested a surprise fall in jobless claims, down 15,000 from the week before to 227,000. Consensus estimates had expected 242,000.
The mixed results come on the second day of a Santa Claus rally, the last five trading days of the year and first two in January. Meanwhile, new jobs data shows continuing claims have surged to a ...
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan. Jeenah Moon/Reuters US stocks rose Friday, with S&P 500 and Dow Jones hitting record highs.
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 30-stock index outpaced its peers in November with a 7.5% surge, capped off by a 0.4% jump Friday that took it close to 44,910 points. For the year, it's up by a more modest 19.2%.
US stocks ended Friday mixed, with the S&P 500 rising to an all-time-high. Investor optimism rose after jobs data fueled optimism about the economy and future rate cuts. Traders see higher odds of ...