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Wall Street

Wall Street, Global Markets Bounce Back on China's Rate Cut

NEW YORK (AP) — Wall Street pointed toward gains before the opening bell Friday after a surprise interest rate cut... Read More

NEW YORK (AP) — Wall Street pointed toward gains before the opening bell Friday after a surprise interest rate cut from China lowered, at least temporarily, the anxiety over a slowdown in the world's second-largest economy. Futures for the Dow... Read More

A Bear Market May be on the Horizon. Here’s What That Means

NEW YORK (AP) — The bears are rumbling toward Wall Street. The stock market’s skid this year has pulled the... Read More

NEW YORK (AP) — The bears are rumbling toward Wall Street. The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear market. Rising interest rates, high inflation, the war in Ukraine and... Read More

Wall Street Slumps, Erasing a Big Rally From a Day Earlier

NEW YORK (AP) — Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess... Read More

NEW YORK (AP) — Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve’s stepped-up fight against inflation. On Wednesday, the Fed raised its benchmark interest rate by half... Read More

US, World Markets Retreat After Powell's Hawkish Rate Stance

NEW YORK (AP) — Wall Street was pointed toward losses before markets opened on Friday, following global shares lower after... Read More

NEW YORK (AP) — Wall Street was pointed toward losses before markets opened on Friday, following global shares lower after Federal Reserve Chair Jerome Powell indicated aggressive increases in interest rates were needed to fight inflation. The futures for the Dow industrials... Read More

Wall Street Heads for Gains after World Shares Sink

Wall Street pointed toward gains in premarket trading Tuesday after world share prices sunk lower, with Hong Kong down almost... Read More

Wall Street pointed toward gains in premarket trading Tuesday after world share prices sunk lower, with Hong Kong down almost 6% and Shanghai losing 5%. Oil prices slid about 8% as virus lockdowns and rising numbers of COVID cases in... Read More

World Shares Mixed, Oil Down $5.50 Per Barrel

BANGKOK (AP) — Shares rose in Europe after a mixed session in Asia on Monday, where Hong Kong’s Hang Seng... Read More

BANGKOK (AP) — Shares rose in Europe after a mixed session in Asia on Monday, where Hong Kong’s Hang Seng index sank 5% after the neighboring city of Shenzhen was ordered into a shutdown to combat China’s worst COVID-19 outbreak... Read More

Stocks Slip on Wall Street as Oil and Inflation Worries Rise

NEW YORK (AP) — Stocks slipped on Wall Street Thursday as global markets remain choppy amid uncertainty about where inflation,... Read More

NEW YORK (AP) — Stocks slipped on Wall Street Thursday as global markets remain choppy amid uncertainty about where inflation, interest rates and the global economy are heading. The S&P 500 slumped 1.2% in morning trading, on pace for its... Read More

Wall Street Eyes Rebound, European Stocks Surge on Diplomacy

NEW YORK (AP) — Wall Street futures rebounded Wednesday and European shares rose sharply as investors eyed diplomatic efforts to... Read More

NEW YORK (AP) — Wall Street futures rebounded Wednesday and European shares rose sharply as investors eyed diplomatic efforts to end Russia's attack on Ukraine, while Asian markets sank after Chinese inflation accelerated. Futures for Wall Street’s S&P 500 index... Read More

Oil Climbs, Stocks Waver as US Nears Ban of Russian Crude

NEW YORK (AP) — Stocks around the world swung on Tuesday, oil prices rose sharply and the price of nickel... Read More

NEW YORK (AP) — Stocks around the world swung on Tuesday, oil prices rose sharply and the price of nickel surged so much that trading for it was shut in London, as the economic fallout from Russia’s invasion of Ukraine keeps rocking... Read More

Stocks Fall on Wall Street as US Oil Price Briefly Hits $130

NEW YORK (AP) — Stocks are falling in morning trading on Wall Street, as more gains for oil prices threaten... Read More

NEW YORK (AP) — Stocks are falling in morning trading on Wall Street, as more gains for oil prices threaten to worsen the world's already high inflation. The S&P 500 sank 1.5% after a barrel of U.S. oil leaped as... Read More

2022-03-02 20:36:18
by Dan McCue
House Panel to Hold Public Hearing on Stock Trading Reforms

WASHINGTON — The chair of the House Administration Committee has scheduled a public hearing on March 16 to examine proposed... Read More

WASHINGTON — The chair of the House Administration Committee has scheduled a public hearing on March 16 to examine proposed stock trading reforms for Congress. “Over the past several weeks, the Committee on House Administration has been conducting a review... Read More

Stocks Mixed, Oil Tops $110 a Barrel as Ukraine War Rages

NEW YORK (AP) — Oil prices surged above $110 per barrel Wednesday as Russian forces stepped up attacks on Ukrainian... Read More

NEW YORK (AP) — Oil prices surged above $110 per barrel Wednesday as Russian forces stepped up attacks on Ukrainian cities, while premarket trading on Wall Street pointed toward a higher open. Investors appeared to take in stride Federal Reserve... Read More

2022-02-24 22:10:00
by Tom Ramstack
Markets Drop as Russia Invades Ukraine and Sanctions Follow

WASHINGTON — Russia’s attack on Ukraine sent most global stock markets downward Thursday as threats of economic sanctions continued among... Read More

WASHINGTON — Russia’s attack on Ukraine sent most global stock markets downward Thursday as threats of economic sanctions continued among world leaders. “We’re going to impair their ability to compete in the 21st century high-tech economy,” President Joe Biden said... Read More

Stocks Tumble; Oil, Wheat Prices Soar After Ukraine Attack

NEW YORK (AP) — Stocks tumbled worldwide on Thursday after Russia’s attack of Ukraine sent fear coursing through markets and... Read More

NEW YORK (AP) — Stocks tumbled worldwide on Thursday after Russia’s attack of Ukraine sent fear coursing through markets and upped the pressure on the high inflation already squeezing the global economy. On Wall Street, the S&P 500 sank 1.6%... Read More

Stocks Slip, Yields Soar on Hottest Inflation in 40 Years

NEW YORK (AP) — With inflation going only higher, stocks are slipping on Wall Street Thursday as expectations build that... Read More

NEW YORK (AP) — With inflation going only higher, stocks are slipping on Wall Street Thursday as expectations build that the Federal Reserve will have to get more aggressive about removing the tremendous support it’s given the economy. The hottest... Read More

2022-02-09 20:18:02
by Reece Nations
Congress Contemplates Banning Members From Trading Stocks 

WASHINGTON — House Speaker Nancy Pelosi, D-Calif., said on Wednesday she would support revisions to legislation banning members of Congress... Read More

WASHINGTON — House Speaker Nancy Pelosi, D-Calif., said on Wednesday she would support revisions to legislation banning members of Congress from trading individual stocks. Pelosi had at first resisted the push for a congressional stock ban as politically vulnerable Democrats... Read More

US Markets Turn Lower After Meta's Mega Earnings Rout

NEW YORK (AP) — U.S. markets pointed lower Thursday with tech stocks weighing down broader indexes after a weak quarterly earnings... Read More

NEW YORK (AP) — U.S. markets pointed lower Thursday with tech stocks weighing down broader indexes after a weak quarterly earnings report from Facebook parent company Meta. The numbers from Meta, released late Wednesday, checked a brief recovery in U.S. markets that... Read More

Stocks Rise, Still on Pace for Worst Month Since March 2020

Stocks are rising Monday, trimming some of their worst monthly loss since the early days of the pandemic, as Wall... Read More

Stocks are rising Monday, trimming some of their worst monthly loss since the early days of the pandemic, as Wall Street closes a tumultuous January wracked by worries that imminent interest-rate hikes will make everything in markets more challenging. The... Read More

A Key Inflation Gauge Rose 5.8% in 2021, Most in 39 Years

WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the... Read More

WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the sharpest increase since 1982, as brisk consumer spending collided with snarled supply chains to raise the costs of food, furniture,... Read More

As Fed Meets, Investor Angst Over Rate Hikes Spooks Markets

WASHINGTON (AP) — Wild volatility in the stock market this week has put heightened scrutiny on the Federal Reserve's meeting... Read More

WASHINGTON (AP) — Wild volatility in the stock market this week has put heightened scrutiny on the Federal Reserve's meeting Wednesday and whether the Fed will clarify just how fast it plans to tighten credit and potentially slow the economy.... Read More

2022-01-14 22:31:24
by Tom Ramstack
Senate Bills Seek to Enforce Bans on Stock Trades by Members of Congress

WASHINGTON — Two bills introduced in the Senate this week would broaden the ban on members of Congress buying and... Read More

WASHINGTON — Two bills introduced in the Senate this week would broaden the ban on members of Congress buying and selling stocks while they hold public office. The bills from Democratic Sen. Jon Ossoff and Republican Sen. Josh Hawley follow... Read More

2021-08-19 13:18:01
by Dan McCue
Ex-Netflix Employees Accused of $3.1 Million Insider Trading Scheme

WASHINGTON -- Three former Netflix software engineers and two close associates have been charged with generating over $3 million in... Read More

WASHINGTON -- Three former Netflix software engineers and two close associates have been charged with generating over $3 million in profits by trading on confidential information about Netflix's subscriber growth, the Securities and Exchange Commission announced Wednesday. According to a... Read More

Fight The Man: What GameStop's Surge Says About Online Mobs

It's a fable for our times: Small-time investors band together to take down greedy Wall Street hedge funds using the stock of... Read More

It's a fable for our times: Small-time investors band together to take down greedy Wall Street hedge funds using the stock of a troubled video-game store. But the revolt of online stock-traders suggests much more. The internet is shifting society’s balance of... Read More

SEC 'Closely Monitoring' Stock Price Volatility As GameStop Saga Continues to Unfold

WASHINGTON - The Securities and Exchange Commission said Friday it is "closely monitoring and evaluating" the extreme price volatility of... Read More

WASHINGTON - The Securities and Exchange Commission said Friday it is "closely monitoring and evaluating" the extreme price volatility of certain stock trading prices over the past several days. The announcement came at the end of a week when amatuer... Read More

2020-11-09 14:18:38
by Kate Michael
Scaramucci Predicts Biden Win 'Great for Markets'

WASHINGTON — Less than 24 hours before news organizations called the election for President-Elect Biden, financier Anthony Scaramucci predicted, “It’s... Read More

WASHINGTON — Less than 24 hours before news organizations called the election for President-Elect Biden, financier Anthony Scaramucci predicted, “It’s likely to be Pennsylvania that tips this thing… and [Biden’s] election is great for the markets.” Speaking at an Axios... Read More

Trump’s Stock Market Now Worst Since Double-Recession George W. Bush

WASHINGTON — The return on stocks since Donald Trump’s presidential election win in 2016 has slumped to 24% thanks to... Read More

WASHINGTON — The return on stocks since Donald Trump’s presidential election win in 2016 has slumped to 24% thanks to the historic rout the past three weeks, undercutting what had been a better-than-average gain for American leaders over the past... Read More

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