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Richard A. Brooks via Getty Images (WASHINGTON) — As former President Donald Trump declared victory in the U.S. presidential election early Wednesday, shares of his media company, Trump Media & Technology, surged about 34% to about $45.49 in pre-market trading. With U.S. markets yet to open, early indicators appeared to show Wall Street’s bullish view […]
Stephen Maturen/Getty Images (NEW YORK CITY) — The U.S. stock market climbed higher in early trading on Tuesday, as voters rushed to the polls and the nation awaited the results of a closely contested presidential election. The S&P 500 ticked upward about 1%. The Dow Jones Industrial Average gained more than 300 points, jumping about […]
Berkah/Getty Images (NEW YORK) — Volatility overtook the stock market last week, amplifying worries about a possible recession and stoking panic among investors. By the end of the week, however, the markets had almost fully recovered. Days after suffering its worst trading day since 2022, the S&P 500 rallied for its best trading session dating […]
Javier Ghersi/Getty Images (NEW YORK) — Stock prices worldwide seesawed dramatically this week, forcing investors to keep up with sudden turns in the market and weather fears of an economic slowdown. The S&P 500 on Monday suffered its worst decline in a single trading day since 2022. In early trading on Tuesday, the index recovered […]
Matteo Colombo/Getty Images (NEW YORK) — Stock futures plummeted on Monday as markets reckoned with a disappointing jobs report last week that fueled concern of a possible recession. Each of the major stock indexes fell more than 2% in pre-market trading on Monday. The tech-heavy Nasdaq dropped nearly 6%. The market downturn triggered calls for […]
slobo/Getty Images (LONDON) — One of the oldest buildings in Copenhagen, Denmark, that was built in the 17th century has become engulfed in flames as rescue efforts are underway to salvage artwork and other valuable assets from the building. The Old Stock Exchange, located in the heart of downtown Copenhagen next to the Danish Parliament […]
Javier Ghersi/Getty Images (NEW YORK) — As long-standing recession alarms continue to blare from some forecasters, investors don’t appear to hear them. The S&P 500 — the index that most people’s 401(k)s track — has climbed more than 18% since the start of this year, while the tech-heavy Nasdaq has jumped a staggering 35%. The […]
Matteo Colombo/Getty Images (NEW YORK) — The U.S. could breach the debt ceiling as soon as next week, plunging the stock market by nearly half if a protracted default ensues, according to a White House projection. Stock investors, however, don’t seem worried — at least for now. All of the major stock indices have inched […]
Jackyenjoyphotography/Getty Images (NEW YORK) — High inflation, interest rate hikes and recession worries pummeled stocks last year. The market has rebounded in 2023, though, even as each of those problems continues to vex the economy. Compounding those concerns, the banking sector underwent a crisis last month and a debt ceiling dispute in Congress risks financial distress. […]
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