NEW YORK — Wall Street had a wobbly finish to its best week of the year so far. The S&P 500 ended 0.1% lower Friday after spending the day bouncing between gains and losses. It set all-time high in each of the last three days. The Dow Jones Industrial Average slumped 0.8%, and the Nasdaq composite edged up 0.2%. Nike dragged on the market despite reporting stronger results than expected.
Shares of Lululemon Athletica also dropped despite a better-than-expected profit report. The athletic apparel company gave forecasts for revenue and profit over the upcoming fiscal year that fell short of analysts’ expectations, and it sank 15.2%. Some of the market's wildest action was centered on Digital World Acquisition Corp. The company's shareholders on Friday approved a merger with the company behind former President Donald Trump's Truth Social platform. Its stock went from a 12% gain early in the day to a 12% drop before paring its loss to 5.9%.
In the bond market, Treasury yields sank to pull back further for the week. The yield on the 10-year Treasury fell to 4.21% from 4.27% late Thursday.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stock market today: US stocks mixed as Wall Street watches and waitsStocks have lost momentum as investors regroup after the tumultuous run-up last week and as focus sharpens on the health of the US economy.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Stock market today: Wall Street pulls back from its record after a shaky dayNEW YORK (AP) — Wall Street pulled back from its record heights following a shaky day of trading, putting at least a temporary halt to its huge rally since Halloween. The S&P 500 slipped 0.7% Friday from its all-time high.
Fuente: SooToday - 🏆 8. / 85 Leer más »
Stock market today: Wall Street drifts near its records amid a worldwide market lullNEW YORK (AP) — Stocks are drifting around their records on Wall Street, as a lull carries through financial markets worldwide. The S&P 500 was little changed in early trading Wednesday, a day after setting an all-time high.
Fuente: SooToday - 🏆 8. / 85 Leer más »
Stock market today: Wall Street drifts to a mixed close, holding near record levelsNEW YORK (AP) — Stocks drifted to a mixed close on Wall Street as a lull carried through financial markets worldwide. The S&P 500 edged down 0.2% Wednesday, a day after setting an all-time high. The Dow Jones Industrial Average rose 0.
Fuente: SooToday - 🏆 8. / 85 Leer más »
Stock market today: Stocks retreat as Wall Street weighs hot inflation's impact on FedInvestors are weighing whether two big hot inflation prints will prompt a Fed rethink on rate cuts as its March policy meeting looms.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Stock market today: Wall Street slips further away from records amid inflation worriesBEIJING — Stocks fell on Wall Street Friday and are on track for a mixed finish in a week that was heavy with reports showing that inflation, though broadly cooling, remains stubborn. The S&P 500 fell 0.
Fuente: SooToday - 🏆 8. / 85 Leer más »