US stocks rose on Tuesday, finding support after China moved to ease some COVID-19 restrictions, though worries about both inflation and the threat of recession were seen limiting gains. What’s happening The Dow Jones Industrial Average DJIA rose 150 points, or 0.5%, to 31,589. The S&P 500 SPX gained 12 points, or 0.3%, to trade…
Read More “US stocks bounce back after a sluggish session” »
Major US stock indexes posted their biggest declines in more than a week on Monday as investors weighed stronger-than-expected data on durable goods against expectations for a slowing economy that could limit the magnitude of Federal Reserve rate increases. What happened The Dow Jones Industrial Average DJIA, -0.20% finished down by 62.42 points, or 0.2%,…
Read More “US stock indexes book biggest daily drop in over a week despite strong economic data” »
New week, same bounce. Stock futures point to fresh gains as investors grow optimistic that a bond rout is ending, and the Fed’s rate-hike plans will get pruned due to a global slowdown. Of course, that optimism comes as discontent grows around the world from high commodity prices that have driven up food prices, crimped…
Read More “This ‘underappreciated’ black swan could bring fresh chaos to the global economy” »
US stocks rose sharply on Tuesday after a three-day holiday weekend, following the worst weekly performance for equities in more than two years. What’s happening The Dow Jones Industrial Average DJIA was up 733 points, or 2.5%, at 30,621. The S&P 500 SPX gained 101 points, or 2.7%, to trade at 3,775. The Nasdaq Composite…
Read More “Dow jumps 700 points as stocks bounce back from worst week since 2020” »
