Stock Market

Stock market today: Wall Street drifts near its record heights as Treasury yields rise

Updated 1 hr ago

Wall Street is drifting lower in a lackluster return to trading following a three-day holiday weekend. The S&P 500 was 0.4% lower Tuesday, though it remains within a good day of its all-time high set two years ago. The Dow was down 262 points, and the Nasdaq composite fell 0.4%. Morgan Stanley sank after a legal matter and a special assessment knocked more than half a billion dollars off its pretax earnings, but Goldman Sachs rose after reporting stronger profit than expected. Treasury yields rose in the bond market to increase the pressure on the stock market. Indexes abroad were also weaker.

FB Financial, Restaurant Brands fall; Synopsys, InterDigital rise, Tuesday, 1/16/2024

1 hr ago

Stocks that are trading heavily or have substantial price changes on Tuesday: FB Financial, Restaurant Brands fall; Synopsys, InterDigital rise.

Goldman Sachs 4Q profits jump 51%, but full year reflects difficult period for the bank

Updated 2 hrs ago

Goldman Sachs’ profits jumped 51% from a year earlier, the investment bank said Tuesday, helped by the strong returns in the overall market in the last three months of the year. However the storied investment bank closed out a difficult 2023 with its profits down nearly a third from 2022, as the bank wrote off its consumer banking franchise and laid off employees in what the bank has called a turnaround year. Morgan Stanley also had a difficult quarter, where it was hit by one-time charges.

Grains lower and Livestock mixed

2 hrs ago

CHICAGO (AP) — Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for Mar. fell 12.75 cents at $5.8375 a bushel; Mar. corn was off 10.50 cents at $4.4175 a bushel; Mar. oats was down 20.75 cents at $3.6125 a bushel; while Jan. soybeans declined 9.75 cents …

Grains lower and Livestock mixed

2 hrs ago

Grains lower and Livestock mixed

2 hrs ago

Grains lower and Livestock mixed

2 hrs ago

Grains lower and Livestock mixed

2 hrs ago

Chris Bryant: Why Germany is rich but Germans are poor and angry

Updated Jan 15, 2024

For much of its postwar history, Germany was a beacon of prosperity and political stability. Now its economy is stagnating, and social harmony has given way to acrimony and division.

Stock market today: Shares fall in Europe after gains in Asia. US markets are closed for a holiday

Updated Jan 15, 2024

European markets have opened lower while Asian markets were mostly higher as the week got off to a mixed start. U.S. markets will be closed for Martin Luther King Day, a holiday. China’s central bank kept its one-year policy loan interest rate unchanged on Monday, while Japan's benchmark extended its New Year rally. On Friday, Wall Street drifted to a mixed finish, closing out its 10th winning week of the last 11. The S&P 500 ended last Friday up 0.1% and remains within 0.3% of its record. The Dow fell 0.3% and the Nasdaq was little changed.

Microsoft overtakes Apple as most valuable stock in the world

Jan 12, 2024

Microsoft Corp. overtook Apple Inc. to become the world’s most valuable publicly traded company for the first time in more than two years, as worries over smartphone demand have weighed on the iPhone-maker’s stock in recent weeks.

Stock market today: Wall Street closes out its 10th winning week in 11 with a mixed finish

Updated Jan 12, 2024

Wall Street drifted to a mixed finish as it closed out its 10th winning week in the last 11. The S&P 500 ended Friday up 0.1% and remains within 0.3% of its record after earnings season kicked off with mixed results from Delta Air Lines and others. The Dow fell 0.3%, dragged down by UnitedHealth Group. The Nasdaq was little changed. Bond yields sank after a report showed inflation at the U.S. wholesale level was weaker than expected. That bolstered expectations for upcoming cuts to rates by the Federal Reserve. Crude oil rose on worries about potential disruptions to supplies.