17-02-2025
Stock and bond markets are closed Monday for the Presidents Day holiday. Walmart (WMT) earnings are expected to highlight the week. U.S.-traded Chinese e-commerce firms Alibaba (BABA) and Baidu (BIDU) are also scheduled to report, as well as online used-auto retailer Carvana (CVNA) and electric vehicle maker Rivian Automotive (RIVN).
10-02-2025
Stocks fell sharply on Friday as concerns over tariffs and inflation weighed on investor sentiment. The Dow Jones Industrial Average (DJIA) dropped 444 points, or 0.99%, to 44,303, while the S&P 500 slid 0.95% to 6,026, and the Nasdaq lost 1.36% to 19,523. All three major indexes ended the week in negative territory.
03-02-2025
The S&P 500 fell on Friday after reports that President Donald Trump’s latest tariffs on key US trading partners would take effect on Saturday. The index slipped 0.50% to close at 6,040.53, while the Dow Jones Industrial Average dropped 337.47 points, or 0.75%, pressured by a decline in Chevron (CVX). The Dow ended the session at 44,544.66. The Nasdaq Composite, which is heavily weighted toward tech stocks, edged down 0.28% to 19,627.44.
20-01-2025
Markets are closed Monday for the Martin Luther King Jr. Day federal holiday. Donald Trump is set to be inaugurated as the U.S. president on the same day. Investors are watching for corporate earnings reports, with Netflix (NFLX), United Airlines (UAL), Johnson & Johnson (JNJ), American Express (AXP), and Verizon Communications (VZ) among the companies expected to release quarterly financial updates this week.
13-01-2025
Stocks declined sharply on Friday as a stronger-than-expected jobs report dampened hopes for additional Federal Reserve rate cuts this year. The Dow Jones Industrial Average dropped 696.75 points, or 1.63%, to 41,938.45. The S&P 500 and Nasdaq Composite fell 1.54% and 1.63%, closing at 5,827.04 and 19,161.63, respectively. The losses pushed all major indexes into negative territory for 2025.
06-01-2025
Stocks closed higher on Friday as Wall Street bounced back from a rough start to the year. The S&P 500 rose 73.92 points, or 1.26%, to finish at 5,942.47. The Dow Jones Industrial Average added 339.86 points, or 0.8%, closing at 42,732.13. The Nasdaq Composite climbed 340.88 points, or 1.77%, ending the day at 19,621.68.
30-12-2024
This will be another holiday-shortened trading week, with stock and bond markets closed on Wednesday for the New Year’s Day holiday. Bond markets will also close early on Tuesday for New Year’s Eve. And we'll near whether or not we got a Santa Claus Rally.
16-12-2024
The Federal Reserve will announce its latest decision on interest rates when it concludes its meeting on Wednesday, with investors widely anticipating the central bank to cut rates again. After the announcement, Fed Chair Jerome Powell will take media questions and will likely provide more details on the economy.
10-12-2024
The S&P 500 and Nasdaq Composite reached new record highs on Friday, supported by slightly stronger-than-expected November jobs data that likely won’t deter the Federal Reserve from cutting rates later this month.
03-12-2024
The Dow Jones Industrial Average and S&P 500 reached record highs on Friday, wrapping up a holiday-shortened trading day and a strong month for the stock market. The S&P 500 rose 0.56% to close at 6,032.38, while the Nasdaq Composite gained 0.83% to finish at 19,218.17. The Dow climbed 188.59 points, or 0.42%, to end at 44,910.65. Both the Dow and S&P 500 set new records for intraday and closing levels.
18-11-2024
Stocks dropped sharply on Friday as the post-election rally lost steam and concerns over the trajectory of interest rates weighed on investor sentiment. The Dow Jones Industrial Average fell 305.87 points, or 0.70%, to close at 43,444.99. The S&P 500 declined 1.32%, ending the session at 5,870.62, while the Nasdaq Composite sank 2.24% to 18,680.12.
11-11-2024
The stock market set fresh records on Friday, with the Dow Jones and S&P 500 concluding their strongest week in a year after Donald Trump’s election victory. The Dow Jones Industrial Average climbed 259.65 points, or 0.59%, closing at 43,988.99, briefly surpassing the 44,000 mark for the first time during the session. The S&P 500 advanced 0.38% to end […]