It’s no secret that Exchange it happened Cliff since the beginning of the year. Tech giants like Apple, Microsoft, Google and Amazon have not been helpful at all. All of its stocks fell by double-digit percentages. So far in 2022, the S&P 500 has dropped more than 12 percent and briefly dropped more than 20 […]
Tag: Stocks
Stocks shake up early loss, rise on Wall Street
NEW YORK — Stocks weathered some early weakness and temporarily rose on Wednesday, led by gains at store operators and other retailers. Retailers have been crushed in recent days by concerns that rising inflation is eating away at their profits. Some of these concerns dissipated after senior store operator Nordstrom reported higher sales and raised […]
Falling tech stocks drag Wall Street down
NEW YORK — Stocks fell in morning trading on Wall Street on Tuesday, weighing the tech giants’ slump as concerns over the impact of ever-increasing inflation on their bottom line. The S&P 500 index fell 2.1% as of 10:14 a.m. in the East. The Dow Jones Industrial Average fell 351 points, or 1.1%, to 31,524 […]
Stocks float on Wall Street, close to bear market
NEW YORK (AP) — Stocks slumped in afternoon trading on Wall Street on Thursday as sustained high inflation continues to weigh on the economy and keeps major indexes in deep slump. The benchmark for many index funds, the S&P 500 is coming out of its biggest drop in nearly two years. It eased an early […]
Stocks mixed on Wall Street a day after big sale
NEW YORK — Stocks were mixed on Wall Street in Tuesday afternoon trading after a rally in tech companies helped reverse an early decline. The S&P 500 was up 0.6% as of 2:29 p.m. Eastern. The benchmark index fell by 0.8% in early trades. It fell 3.2% the day before, hitting the lowest level in […]
Stocks soar on Wall Street as tech giants rally
NEW YORK — Stocks rose in afternoon trading on Wall Street on Thursday as tech companies reclaimed some of the ground they lost recently. Major indexes are still heading for weekly losses and a dismal monthly performance after falling for much of April. This week has been particularly turbulent as investors review a heavy set […]
Stocks rise broadly, Delta leads earnings at travel companies
NEW YORK — Stocks soared in afternoon trading on Wall Street as investors reviewed the latest corporate earnings round and Delta Air Lines’ upbeat report that bodes well for the broader travel industry. The S&P 500 was up 0.7% as of 1:56 p.m. Eastern. The Dow Jones Industrial Average rose 231 points, or 0.7%, to […]
Tech stocks pull indexes down on Wall Street; eyes on the Fed
NEW YORK (AP) — Stocks are opening lower on Wall Street and bond yields are rising again as investors try to predict how quickly the Federal Reserve will move to pull back support for the economy and fight inflation. Tech companies, including chip makers, took some of the biggest hits early Wednesday, pushing the Nasdaq […]
Stocks mostly rose on Wall Street, even as technology regressed
NEW YORK — Stocks rose mostly in early trading on Wall Street on Tuesday, but the market was lagging behind due to weakness at several major tech companies, including chipmakers like Qualcomm. Twitter rose another 7% after announcing a deal with Tesla chief Elon Musk that would give him a board seat but also limit […]
Stocks gain ground, Twitter Musk stock soars on news
Major tech and communications stocks posted solid gains in afternoon trading on Wall Street on Monday, helping the broader market rise. The S&P 500 was up 0.5% as of 1:54 p.m. East. The Dow Jones Industrial Average rose 22 points, or 0.1%, to 34,842 and the Nasdaq rose 1.6%. More stocks were losing value than […]
