Stock market today: Wall Street sets more records after Shanghai's worst drop since early COVID

NEW YORK — 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. The Dow Jones Industrial Average added 1%, and likewise set its own record. The Nasdaq composite gained 0.6%. The relatively calm movements on Wall Street followed another manic day in China.

Helen of Troy, the company behind Hydro Flask water bottles and OXO kitchen tools, jumped 17.9% after reporting profit and revenue for the latest quarter that were better than analysts expected. That was even though the company said it's still seeing customers feeling increasingly stretched amid lingering inflation.

Alphabet also kept the market's gains in check after the heavyweight stock sank 1.9%. The U.S. Department of Justice is considering asking a federal judge to break up its Google business after its search engine was declared an illegal monopoly. A breakup is one of many possible remedies under review.

Stocks in Shanghai tumbled 6.6% for their worst loss since February 2020, when fears were rising about a virus emanating from Wuhan and other cities in China. In Hong Kong, the Hang Seng index fell 1.4% after dropping more than 9% the day before, which was its worst loss since the global financial crisis of 2008.

That ministry is due to hold a briefing on Saturday that could provide further details on planned government outlays that so far have fallen short of what investors have been hoping for.Indexes were more stable elsewhere around the world and rose 0.9% in Japan and 1% in Germany.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market today: Wall Street holds steady as Shanghai stocks suffer worst drop since early COVIDNEW YORK (AP) — U.S. stocks are holding relatively steady following the latest scary swerves for Chinese markets. The S&P 500 slipped 0.1% in early Wednesday trading.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Stock market today: Wall Street drifts near record highs following recent big movesNEW YORK (AP) — U.S. stocks are drifting around their records as financial markets around the world take a pause following big recent moves. The S&P 500 was up 0.1% in early trading Wednesday.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Stock market today: Wall Street leaps toward records as jubilation sweeps markets worldwideNEW YORK (AP) — Wall Street is roaring toward records Thursday as a delayed reaction of jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Stock market today: Wall Street wavers a day after setting record highsU.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally. The S&P 500 was down 0.2% Friday but still on track for its fifth winning week in the last six.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Stock market today: Wall Street slides as Treasury yields climb back above 4%NEW YORK (AP) — U.S. stocks slid after Treasury yields hit their highest levels since the summer and oil prices continued to climb. The S&P 500 fell 1% Monday, though it’s still close to its all-time high set a week ago.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Stock market today: Wall Street rallies following a burst of hiring in SeptemberNEW YORK (AP) — U.S. stocks are rallying on a rush of optimism after a report showed employers went on a stronger spree of hiring last month. The S&P 500 was 0.7% higher in early trading Friday and pulling toward its all-time high set on Monday.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »