Category: Trading

May 30, 2023

“Sell in May and go away” is a popular adage in the investment world. The logic behind it is that investors should sell their stocks in May and hold the cash until the investment season heats up again in October […]

May 24, 2023

Wall Street fell again Wednesday as stocks tumbled worldwide on worries about the economy. The S&P 500 dropped 0.7% after House Speaker Kevin McCarthy said Republicans and Democrats remain “far apart” in their efforts to prevent a potentially disastrous default […]

May 19, 2023

Wall Street pointed toward gains before the bell Friday, potentially setting up markets for their best week since March as optimism about a U.S. debt ceiling deal grew heading into the weekend. Futures for the Dow Jones industrials and S&P […]

May 18, 2023

Stocks rose again Thursday after more companies reported better profits than expected, while yields climbed after a Federal Reserve official cautioned the end to its interest-rate hikes may not arrive as soon as Wall Street hoped. The S&P 500 gained […]

May 9, 2023

Stocks are slipping on Wall Street Tuesday following some mixed earnings reports. Several beaten-down banks are also dropping more after a brief respite from a brutal run. The S&P 500 was 0.3% lower in early trading. The Dow Jones Industrial […]

May 8, 2023

Wall Street is holding relatively steady Monday coming off its worst week in nearly two months, as stocks of several beaten-down banks rally. The S&P 500 was virtually unchanged in early trading. The Dow Jones Industrial Average was edging down […]

May 5, 2023

Apple was at the head of a widespread rally on Wall Street Friday after the market’s most influential company reported a better profit than expected. Stocks of beaten-down banks also leapt to recover a smidgen of their sharp losses from […]

May 2, 2023

Ford topped analysts’ expectations on the top and bottom lines, according to Refinitiv. However, the firm reiterated its prior full-year guidance of adjusted earnings between $9 billion and $11 billion, as well as about $6 billion in adjusted free cash […]

May 1, 2023

The latest historic U.S. banking failure made few waves in markets, and stocks drifted Monday as Wall Street braces for what it hopes will be the last hike to interest rates for a long time. The S&P 500 was virtually […]

April 28, 2023

Wall Street closed out a winning April with gains Friday after more companies said their profits at the start of the year weren’t as bad as expected. The S&P 500 rose 34.13, or 0.8%, to 4,169.48. Despite some sharp swings […]

April 27, 2023

Wall Street is rising Thursday after Meta Platforms became the latest Big Tech company to blow past profit expectations and reports painted a mixed picture of the U.S. economy. The S&P 500 was 0.7% higher in early trading and on […]

April 24, 2023

Global stocks and Wall Street futures declined Monday ahead of a U.S. economic update that is expected to show growth slowing. London and Frankfurt opened lower. Shanghai and Hong Kong declined while Tokyo advanced. Oil prices fell. Wall Street’s benchmark […]

April 20, 2023

Stocks are closing lower on Wall Street Thursday, pulled down by big losses for Tesla and AT&T and signals that the U.S. economy may be slowing. The S&P 500 fell 0.6% and is headed for a weekly loss. Tesla weighed […]

April 19, 2023

United Airlines — The airline lost 0.9% in the premarket after it announced a net loss for the first quarter. United posted a loss of 63 cents per share, which is 10 cents smaller than the 73-cent estimated loss from […]

April 18, 2023

Wall Street is drifting Tuesday following a mixed set of earnings results from big companies and a stronger-than-expected report from the world’s second-largest economy. The S&P 500 was mostly unchanged in afternoon trading after swinging from small gains to losses […]

April 13, 2023

Stocks have moved mostly higher in morning trading on Thursday, with the major averages moving back to the upside after ending yesterday’s extremely volatile session in negative territory. The tech-heavy Nasdaq has helped lead the advance. In recent trading, the […]

April 13, 2023

The tech giant climbed more than 2% Thursday. A report a day earlier said the company is doing away with plans to more heavily include haptic touch technology from supplier Cirrus. Reports had been circling ahead of the launch of […]

April 10, 2023

Stocks closed mixed on Wall Street Monday in their first trading after a report heightened speculation the Federal Reserve may tap the brakes again on financial markets and the economy. The S&P 500 gained 0.1% Big Tech stocks were worst […]

April 5, 2023

Stocks are dipping on Wall Street Wednesday, and Treasury yields are dropping following the latest signals that the U.S. economy is slowing under the weight of much higher interest rates. The S&P 500 was 0.3% lower in morning trading, a […]

April 3, 2023

Oil prices are climbing Monday and threatening to add more upward pressure on inflation, while stock markets worldwide were making only modest moves. The S&P 500 was 0.1% higher in early trading. The Dow Jones Industrial Average was up 226 […]