NEW YORK — U.S. stocks are coasting to the close of their best week in a year with some modest moves. The S&P 500 rose 0.1% early Friday and was on track for its biggest weekly gain since early November 2023. The Dow Jones Industrial Average was up 83 points, and the Nasdaq composite gained 0.1%.
Digital pinboard and shopping site Pinterest slid 13.7% after the company's revenue guidance came in lower than investors expected, even as it easily beat Wall Street's sales and profit targets. Markets have been riding high this week, hitting more records after former President Donald Trump won re-election and the Federal Reserve cut its main lending rate for the second straight time.
In Europe at midday, Germany’s DAX and Paris's CAC 40 each fell 0.6%, while Britain’s FTSE 100 retreated 0.5%. Officials announced a 6 trillion yuan , three-year plan to help local governments refinance their many trillions of debt that has ballooned during the COVID-19 pandemic and a collapse of the property market.
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Stock market today: Wall Street sets more records after Shanghai's worst drop since early COVIDNEW YORK (AP) — U.S. stocks set more records highs after the latest wild swerves for Chinese stocks left few ripples in markets worldwide. The S&P 500 rose 0.7% Wednesday and beat the all-time high it set last week.
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Stock market today: Asian markets are mostly higher after another winning close on Wall StreetBANGKOK (AP) — Asian shares have opened mostly higher after U.S. stocks rose to records to close out their latest winning week. U.S. futures and oil prices...
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Stock market today: Asian markets are mixed after another winning close on Wall StreetBANGKOK (AP) — Asian shares were mixed on Monday after U.S. stocks rose to records to close out their latest winning week. U.S. futures also were mixed and...
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Stock market today: Asian shares rise after Wall Street rally, and China promises a briefingTOKYO (AP) — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street.
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Stock market today: Wall Street slips below its record highsNEW YORK (AP) — U.S. stocks are edging down from their records. The S&P 500 slipped 0.3% in early Thursday trading. The Dow Jones Industrial Average was down 65 points after likewise setting an all-time high the day before.
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Stock market today: Wall Street edges back from its recordsNEW YORK (AP) — U.S. stocks edged back from their record highs. The S&P 500 slipped 0.2% Thursday. The Dow Jones Industrial Average fell 0.1% after likewise setting an all-time high the day before, and the Nasdaq composite fell 0.1%.
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