U.S. stocks finished flat Wednesday as investors had their eye on an international effort by health authorities to monitor and contain a deadly virus outbreak in China that has spread to the U.S. and three other countries.
U.S. stocks closed lower Tuesday amid jitters over a virus outbreak. The selling in U.S. stocks followed losses in Asian and European markets as investors worried that the new coronavirus spreading in the world’s second-largest economy could hurt tourism and ultimately economic growth and corporate profits.
Technology and communications stocks pushed U.S. stock indexes to more records Friday. Energy sector stocks were the only decliners. Bond prices fell, sending yields higher.
Stock indexes rallied Thursday to set more record highs. A batch of solid economic data injected more optimism into markets a day after the signing of an initial trade deal between the U.S. and China.
Slight gains sent the Dow Jones Industrial Average above 29,000 on Wednesday. The milestones came on a day when the market traded in a narrow range as investors weighed the latest batch of corporate earnings reports and the widely anticipated signing of an initial trade deal between the U.S. and China.
Stocks clung to tiny gains on Tuesday as investors parsed trade signals. Technology stocks accounted for much of the selling. The sector is particularly sensitive to developments in trade relations because many of the companies rely on China for sales and supply chains.
Stocks climbed Monday, sending the S&P 500 and Nasdaq composite indexes to new records. The rally, which added to the market’s gains from last week, came as investors looked ahead to the signing of an initial trade deal with China and the potential for future talks.
U.S. stocks pulled back from record levels Friday following a weaker-than-expected jobs report. Employers added 145,000 jobs across the country in December, short of the 160,000 that economists forecast. But the growth was solid enough to bolster Wall Street’s view that the job market is holding up and households can continue to spend, preserving the largest part of the economy.
U.S. stocks set records Thursday as money flowed into riskier investments, such as technology stocks, and trickled out of traditional hiding spots for investors when they’re nervous, such as gold. Stocks have been rallying since Wednesday, after investors took comments from President Donald Trump and Iranian officials to mean no military escalation is imminent in their tense conflict.
U.S. stocks jumped Wednesday and oil reversed course as the markets exhaled. The rally capped a whirlwind day of reversals that swept through markets around the world. Stocks initially reeled after Iran fired missiles at two bases in Iraq housing U.S. troops, retaliation for a U.S. drone strike that killed a top Iranian general last week.
Global stocks stabilized Tuesday and the price of oil edged off three-month highs, though investors remained cautious over rising tensions between the U.S. and Iran.
Stocks in Asia and Europe retreated Monday as dollars flowed out of riskier investments, but the U.S. market shook off its morning losses to grind out a modest gain.
Oil prices surged and stocks fell Friday after the U.S. killed Iranian Gen. Qassem Soleimani, head of Iran’s elite Quds Force, in an air attack at the Baghdad international airport.
Wall Street began 2020 with a solid start on Thursday. Technology sector stocks accounted for a good part of the upward move. Smaller-company stocks lagged the broader market’s gains.
U.S. stocks moved broadly lower Monday to start a holiday-shortened week. The pullback ended a two-day winning streak by the S&P 500. The benchmark index has risen five straight weeks, notching multiple all-time highs along the way. It’s on track to end December with its fourth consecutive monthly gain.
U.S. stocks ended nearly flat Friday. The S&P 500 notched its fifth weekly gain. Retailers and other companies that rely on consumer spending led the rise. Technology stocks also rose. Those gains were checked by losses in banks and communication services companies.
U.S. stocks closed at record highs Thursday. The latest gains came as investors welcomed a report showing that a last-minute surge in online shopping helped lift holiday sales. The data gave a boost to shares in Amazon.com and big department store chains such as Macy’s and Nordstrom.
U.S. stocks set more records Monday after quiet pre-Christmas trading. Technology, industrial and health care stocks led the gains. Energy companies rose along with the price of crude oil. Communication services stocks, household goods makers and banks fell.
U.S. stocks moved higher Thursday as markets yawned at President Trump’s impeachment. A batch of encouraging earnings reports from several big companies helped keep investors in a buying mood. Rite Aid, Conagra Brands and Micron Technology rose after posting quarterly results that exceeded analysts’ forecasts.
A modest rally for stocks on Wednesday mostly disappeared by the closing bell. Trading was listless most of the day in the absence of major new economic data and only a few corporate earnings reports for investors to mull over.
Slight gains on Wall Street Tuesday are enough for more record highs. Banks and companies that rely on consumer spending led the way higher, outweighing losses in technology and health care stocks. Treasury yields gave back some of their gains from a day earlier, while the price of crude oil continued its recent march higher.
Stocks rose on Wall Street Monday, extending the market’s gains to a fourth consecutive day. Surprisingly strong economic reports out of China helped drive the rally. Growth in factory activity and retail sales in the world’s second-largest economy both beat analysts’ expectations for last month.
Markets had a muted reaction Friday to the long-awaited China trade deal. The “Phase 1” agreement means that the U.S. won’t impose new tariffs on Chinese goods that had been set to kick in this weekend. Investors’ anxiety over the prospects of such an escalation in the trade war contributed to a sluggish start for the market this month.
Financial, technology and health care stocks powered much of a stock rally Thursday, which gave the S&P 500 its second straight gain and erased its losses from earlier in the week.
U.S. stocks notched modest gains Wednesday, shaking off a mixed start after the Federal Reserve announced it is would be leaving interest rates unchanged this month and signaled that it expects to leave them alone in 2020.
U.S. stocks dipped Tuesday ahead of a new round of U.S. tariffs that are scheduled to take effect on Chinese goods Sunday, the latest escalation in a trade dispute that has dragged on economies around the world.
Trading on Wall Street was mostly muted Monday as investors looked ahead to a busy week of economic reports and an interest rate policy update from the Federal Reserve. The market also remained focused on developments in the trade negotiations between the U.S. and China.
The S&P 500 notched a weekly gain Friday as jobs growth blew past forecasts. The Labor Department said employers added 266,000 positions, well above estimates of 184,000.
Thursday’s muted trading came as investors looked ahead to a key government report on jobs and kept an eye on developments in the negotiations to end the trade war between the U.S. and China.
ViacomCBS marked its first day as a merged company with a celebrity-studded appearance on the floor of the Nasdaq Market Site in New York’s Times Square and a town hall meeting overflowing with optimism. Front and center at the stock exchange were New ViacomCBS President-CEO Bob Bakish and Chairman Shari Redstone, as well as CBS News’s Gayle King.
Stock gains snapped a three-day losing streak for the S&P 500, though the benchmark index remains on track for a weekly decline.
Technology companies, banks and industrial stocks accounted for much of the market’s sell-off Tuesday, which extended the S&P 500’s losing streak to a third day. Utilities and real estate stocks rose as traders favored less-risky assets.
U.S. stocks stumbled Monday amid trade tensions and weak economic data. Industrial, communication services and financial stocks also accounted for a big share of the sell-off. Energy stocks notched the biggest gain, aided by a 1.4% increase in the price of U.S. crude oil. Bond yields rose.
Major U.S. stock indexes hit record highs Tuesday amid trade optimism. Retailers and other companies that rely on consumer spending helped power the modest rally, which adds to the market’s solid start to the week.
U.S. stocks jumped to records Monday. Technology stocks and smaller companies led the way after China issued new guidelines for the protection of patents and copyrights.
Banks, health care stocks and companies that rely on consumer spending powered much of a market rebound Friday, outweighing losses in technology, real estate and other sectors. Oil prices fell.
Stocks closed Thursday somewhat lower amid U.S.-China trade anxiety. Losses in technology stocks, companies that rely on consumer spending and other sectors outweighed gains elsewhere in the market.
New U.S.-China trade worries pulled stocks lower on Wednesday. Technology stocks took the heaviest losses. Communication services and industrial stocks also were big losers. Banks fell as bond yields declined. Energy stocks notched the biggest gains as crude oil prices rebounded.
All three major indexes edged up Monday above the all-time highs they set on Friday, though the seemingly placid moves masked plenty of churn going on underneath. Nearly as many stocks in the S&P 500 fell as rose, and it took big gains for technology stocks and others to make up for sharp losses by oil producers.
The stock market took a lethargic turn Thursday, a day with little market-moving news. Investors were still awaiting more details on the status of trade talks between the U.S. and China.