The S&P 500 edged up to a record closing high at the end of a choppy day of trading. The Dow was off just slightly as declines in shares of Cisco weighed on the 30-stock index.
Ask Benjamin Witte about Recess, and one of the first places he’ll send you is the company’s Instagram page.
U.S. stocks were mostly higher Wednesday as investors weighed a report on a sticking point to U.S.-China trade agreements against earlier congressional testimony from Federal Reserve Chair Jerome Powell.
With the end of the year and the decade fast-approaching, Wall Street strategists have begun to deliver their expectations about where the stock market will close out 2020.
Public remarks from President Donald Trump will be a focus on Tuesday, with the comments poised to be potentially market-moving as stocks hover near record highs and the Treasury yield curve steepens.
Stocks pared earlier losses and the Dow pushed into positive territory as Walgreens (WBA) and Boeing (BA) shares jumped. Earlier, equities had retreated from Friday’s record levels as concerns over trade and protests in Hong Kong flared up.
The hashtag #BoycottUber began trending on Twitter (TWTR) Monday morning after CEO Dara Khosrowshahi called the murder of journalist Jamal Khashoggi “a serious mistake” during an interview with Axios.
Stocks ended slightly higher, shrugging off earlier losses after President Donald Trump wavered over whether tariffs would be rolled back as part of a partial deal with China.
Stocks pared losses and ended mixed after a report from Reuters that a meeting between President Donald Trump and China’s Xi Jinping could be pushed back until December.
U.S. stocks were little changed as investors weighed recent optimism over U.S.-China trade talks against the latest batch of corporate earnings results and economic data, much of which came in mixed.
U.S. stocks jumped Monday after Commerce Secretary Wilbur Ross stoked hopes that a first phase trade agreement with China would get done. The comments helped investors shrug off some unfavorable news from companies including McDonald’s and Under Armour.
U.S. stocks jumped Friday after the October jobs report came in well above consensus expectations. Treasury yields climbed and gold prices fell, as investors piled into risk assets.
U.S. stocks slid Thursday following reports that Chinese officials doubted whether a trade deal would get done, and some weaker-than-expected new economic data.
U.S. stocks fluctuated and then rose and Treasury yields fell across the curve after the Federal Reserve cut benchmark interest rates for a third consecutive meeting.
The S&P 500 rose to a record high after President Donald Trump touted progress for a near-term partial trade agreement with China. Stronger-than-expected earnings results also helped boost risk assets.