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, […]

Wall Street ends sharply lower as Delta variant sparks new lockdown fears

NEW YORK (Reuters) – A surge in Delta variant infections sparked a broad sell-off on Wall Street on Monday as investors feared renewed COVID-19 shutdowns and a protracted economic recovery.FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo AllegriAll three major U.S. stock […]

U.S. import prices rise solidly in June

FILE PHOTO: Ships and shipping containers are pictured at the port of Long Beach in Long Beach, California, U.S., January 30, 2019. REUTERS/Mike Blake/File PhotoWASHINGTON (Reuters) – U.S. import prices increased solidly in June as bottlenecks in the global supply chain persisted, the latest indication that inflation could remain elevated for a while amid strong […]

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 […]