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European chip stocks followed Asian peers lower, after leaders of the world’s biggest AI companies called for the industry to slow the tech’s development for safety reasons.
Anthropic's Dario Amodei, OpenAI's and SpaceX's Elon Musk say they want an AI slowdown. Will they? The Fed looms as well.
(Updates with index/price moves, comments and company/geopolitical news from the first paragraph.)
The stock market fell as oil prices and Treasury yields soared, but rebounded Friday on the CPI inflation report. Apple, Oracle, Meta were key movers.
Stocks rebounded Friday after four straight days of losses, even as August inflation data lifted Fed rate-hike odds above 85%
US equity futures were edging higher pre-bell Friday as traders awaited the second of two key inflat
(Updates with market moves at the end of the day, and other changes, if any.) Stocks on Wall Stre
Today's wholesale inflation data sets the stage for tomorrow's consumer price index release, with investors watching closely for signs inflation is spreading beyond energy. The producer price index rose as expected in August, which prompted a move lower in equities, intensified bond yield rises, and caused a jump in odds of a rate hike from the Federal Reserve. The S&P 500 dropped 0.6% while the Nasdaq Composite declined 0.6%.
Stock Market Today: The Dow Jones index rises Thursday ahead of a key inflation report. Nvidia chipmaker TSMC falls on August sales.
Oil prices and Treasury yields weighed on the indexes, But Meta, AMD were winners. Apple unveiled its foldable iPhone. Inflation data looms.
U.S. stocks extended their recent decline as the war in the Middle East continued to escalate and to drive up oil prices.
Escalating U.S.-Iran tensions sent oil surging roughly 3%, rattling investors with fresh fears about inflation
The Nasdaq Composite dipped 0.3%. It comes down to the “usual suspects,” notes Joe Mazzola, head trading and derivatives strategist at Charles Schwab: oil, Treasuries, and tariffs. Reports that Yemen’s Houthis attacked Saudi Arabian oil facilities caused oil prices to spike today.
U.S. Stocks Slide as Rising Oil Prices Rekindle Inflation Fears
S&P 500, Dow Slide as Strong Jobs Report Sparks Fresh Fed Rate-Hike Bets
(Updates with index/price moves, macroeconomic data and company news from the first paragraph.) U
Nonfarm payrolls grew 162,000 last month, far above the 53,000 economists expected, pushing fed funds futures traders to price in a 58% chance of a hike
Asian shares were mostly higher in early Friday trading, as regional market sentiment got a boost from the rally on Wall Street, mostly from big technology stocks. Japan's benchmark Nikkei 225 rose 0.6% in morning trading to 64,622.33. Hong Kong's Hang Seng jumped 2.1% to 25,751.26, while the Shanghai Composite added 0.8% to 3,973.27.
(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa
Buffett's best advice for surviving a recession is more relevant than ever.
The Dow Jones and Nasdaq 100 fell below their 50-day lines as oil prices jumped. Dell, Palo Alto and Credo were earnings movers late.
U.S. stocks fell for the third straight session as military strikes around the Strait of Hormuz caused a spike in oil futures and bond yields.
