S&P 500 slips as cyclical slide counters tech gains

(Reuters) – The S&P 500 edged down in choppy trading on Thursday, with losses in cyclical sectors countering gains in tech shares, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus.FILE PHOTO: A trader works on the trading floor at the New York Stock […]

S&P 500 slips as cyclical slide counters tech gains

(Reuters) – The S&P 500 edged down in choppy trading on Thursday, with losses in cyclical sectors countering gains in tech shares, as investors took the pulse of the economic rebound and gauged when the Federal Reserve might temper its monetary stimulus.FILE PHOTO: A trader works on the trading floor at the New York Stock […]

Wall St set to rise as inflation growth slows

(Reuters) – Wall Street’s main indexes were set to open slightly higher on Wednesday after data showed that growth in inflation appeared to have peaked, while economically sensitive stocks gained on the passing of a infrastructure bill.FILE PHOTO: A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New […]

S&P, Dow futures retreat as commodity losses weigh

(Reuters) – The S&P and the Dow index futures fell from record highs on Monday with oil stocks reeling from a more than 4% slump in crude prices on concerns over rising COVID-19 cases in Asia.FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York […]

Wall Street set to pull back after S&P hits record high

(Reuters) -Wall Street’s main indexes were set to open lower on Wednesday following a record close for the S&P 500, while focus turned to data on the services sector for cues on whether a domestic economic rebound was stalling.FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, […]

Wall Street surges to all-time closing high on earnings, economic revival

NEW YORK (Reuters) – Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of economic revival fueled investor risk appetite.FILE PHOTO: A street sign for Wall Street is seen outside the New York […]

Wall Street ends higher, boosted by tech, growth stocks

NEW YORK (Reuters) – Big tech pushed Wall Street to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings sent investors back to growth stocks.FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, […]

S&P 500 and Nasdaq end down after hitting record highs

(Reuters) – The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough […]

Nasdaq hits record high as growth stocks rise; inflation data weighs

(Reuters) – The Nasdaq index reversed early declines to hit a record high on Tuesday, helped by a rise in growth-linked megacap stocks and as earnings season kicked off on a positive note, while a solid rise in consumer prices in June weighed on sentiment.FILE PHOTO: The New York Stock Exchange is pictured in the […]