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Latest Articles in wall street
Wall Street Week Ahead: Investors Weigh New Stock Leadership As Broader Market Wobbles
Economic improvement will be in focus in the coming weeks, including the monthly U.S. jobs report due next Friday, as will the country's ability to ensure widespread coronavirus vaccinations, especially as new variants emerge.
Read MoreWall Street Finishes Up As Fed's Powell Soothes Inflation Fears
The Dow Jones Industrial Average closed up 424.51 points, or 1.35%, to 31,961.86, the S&P 500 gained 44.06 points, or 1.14%, to 3,925.43 and the Nasdaq Composite added 132.77 points, or 0.99%, to 13,597.97.
Read MoreNasdaq, S&P 500 End Lower As US Yields Rise; Disney Lifts Dow
Shares of Apple Inc, Microsoft Corp, Alphabet Inc, Tesla Inc and Amazon.com Inc resumed their slide from the previous week, falling between 0.9% and 5%.
Read MorePlayers In GameStop Market Drama Make Their Case To Lawmakers
Gabriel Plotkin said he was "humbled" when his hedge fund Melvin Capital Management suffered significant losses on the short end of the trade, but insisted his firm did not push Robinhood to suspend trading.
Read MoreStocks, Oil Rise In Asia After US Records
MSCI's broadest index of Asia-Pacific shares outside Japan was last up 0.32 % at 721.53 after climbing as high as 730.16 late last month.
Read MoreSpotify Outlook Weakens As Pandemic Uncertainty Persists
Fourth-quarter revenue rose 17% to 2.17 billion euros ($2.6 billion) for the three-months ended Dec. 31, beating estimates of 2.15 billion euros.
Read MoreHow Wall Street Gains From 'Populist' Trading Movement
Shares of GameStop and other heavily shorted stocks such as AMC Entertainment and BlackBerry shot up this week as they were pushed by traders on Reddit and other social media platforms
Read MoreSmall Investors Behind Surge In Gamestop And Other Shares Hit By Restrictions
Retail investors, celebrities and policymakers had denounced Thursday's restrictions and participants in online forums seethed, accusing the trading platforms of seeking to protect Wall Street's interests at the expense of smaller investors.
Read MoreUS stocks hit record highs as Biden's presidency begins
US stocks hit record highs as Biden's presidency begins
Read MoreStimulus Plans Fuel Biden Trade, But Wall Street Wonders If It Can Continue
Democrats’ slender majority in Congress mean the final shape and timing of many Biden policies - including a proposed $1.9 trillion stimulus package - remain uncertain.
Read MoreGoldman Hints At Cost Cuts To Hit Targets As Trading Gains Look Ready To Slow
Revenue at all four of Goldman's businesses rose in the final quarter, but trading added the most to its bottom line, jumping 23% to $4.3 billion on robust volumes and asset values.
Read MoreEarnings Season To Test Surge In Regional Banks Stocks
Regional banks, including Zions Bancorp, First Midwest Bancorp and United Community Banks Inc, are expected to report their quarterly results on Tuesday.
Read MoreStocks Rise, US Yield Falls; Demand Weighs On Oil
Stocks edged up as Europe was boosted by deals, and U.S. tech stocks were supported by a change of leadership at Intel Corp, which jumped 7%.
Read MoreAsian Stocks Rise, Oil Churns Higher On Recovery Bets
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.45%. Chinese shares rose 0.34% while South Korea's KOSPI gained 0.04%.
Read MoreWall St Ends Higher In Renewed Rally On Hopes Of Further Stimulus
S&P 500 and Nasdaq overcame labor market data early in the day that showed the U.S. economy shed jobs for the first time in eight months in December as the country buckled under the COVID-19 onslaught.
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