|Day's Range||2,709.54 - 2,733.33|
|52 Week Range||2,397.99 - 2,872.87|
Who's afraid of a little inflation? Not the fed. Stocks pairing losses after their minutes
Yahoo Finance's LIVE stock market coverage and analysis.
Investing confidence has more to do with you than your ageDMAMBMCMDMEMGZBZBRZDZQZRZSZTZUIt is risky to ride a bicycle blindfolded. It is risky to walk over broken glass barefoot. It is risky to drink a hot beverage without checking its temperature.
Stock futures dipped late Wednesday. Apple, Nvidia, Charles Schwab, Microsoft and Splunk have been holding around buy zones while the market moves sideways. But there's an upside to that.
President Donald Trump is casting doubt on the prospects for talks that are designed to head off a trade war between the United States and China. NEW YORK (AP) -- A federal judge in New York says President Donald Trump cannot block his critics on Twitter without violating the First Amendment. Judge Naomi Reice Buchwald issued the written decision Wednesday.
The Dow Jones Industrial Average turned its frown upside down after the minutes from the Federal Reserve's May 2 meeting were released. In today's After the Bell, we... •...give thanks to the Fed for taking ...
On a day stocks made gains, Lowe's rose on a report of an activist investor buying shares, and Target fell after missing profit expectations.
These are today's winners and losers from the S&P 500. More from Bloomberg.comHere’s How Much Money You Need for Bankers to Think You’re RichStocks Rebound as Fed Says No Reason to Rush Rates: Markets WrapCoffee Waste Is Now Fetching a 480% Premium Over Coffee ItselfRead S&P 500 Winners and Losers for 05/23 on bloomberg.
Yesterday it was the bears that were celebrating an intraday reversal and a poor close. President Trump's comments about China trade are receiving most of the blame for the downside part of the action and the minutes of the last Fed meeting are receiving credit for the strength into the close today.
Investors who thought concerns about trade, particularly U.S.-China tensions, were fading into the background got a wake-up call after President Donald Trump expressed unhappiness with the state of negotiations Tuesday afternoon, while also casting doubt on whether a planned summit with North Korea leader Kim Jong Un will happen. Also, Trump is weighing trade measures that would cut European Union steel and aluminum exports to the U.S. by about 10%, a sign the bloc’s efforts to secure tariff exemptions aren’t satisfying the White House.
U.S. stocks ended with small gains on Wednesday after minutes from the Federal Reserve's latest meeting suggested higher inflation may not result in faster interest rate hikes. Most Fed policymakers thought it likely another rate increase would be warranted "soon" if the U.S. economic outlook remains intact, and many participants saw little evidence of general overheating of the labor market, minutes of the central bank's last policy meeting showed. Stocks turned higher after the news, with rate-sensitive S&P 500 utilities (.SPLRCU) and real estate (.SPLRCR) ending the day with the biggest percentage gains.
U.S. stocks ended with small gains on Wednesday after minutes from the Federal Reserve's latest meeting suggested higher inflation may not result in faster interest rate hikes. Most Fed policymakers thought it likely another rate increase would be warranted "soon" if the U.S. economic outlook remains intact, and many participants saw little evidence of general overheating of the labour market, minutes of the central bank's last policy meeting showed. Stocks turned higher after the news, with rate-sensitive S&P 500 utilities (.SPLRCU) and real estate (.SPLRCR) ending the day with the biggest percentage gains.
U.S. stocks turned higher Wednesday after the Federal Reserve indicated it's not in a hurry to raise interest rates too quickly. The S&P 500 index picked up 8.85 points, or 0.3 percent, to 2,733.29. The Dow Jones industrial average added 52.40 points, or 0.2 percent, to 24,886.81.
Global stock markets pared losses and the dollar cut gains on Wednesday after the release of minutes from the U.S. Federal Reserve's May 1-2 meeting amid heightened concerns that setbacks to U.S.-China trade talks would undermine world economic growth. The remarks came a day after Trump said he was not pleased with U.S.-China talks, reversing a rally pegged to the White House's optimistic comments about the discussions over the weekend that led to a strong rally on Monday.
President Trump is causing confusion over talks with China, after signaling he may need a “different structure” to complete a deal. Yahoo Finance’s Alexis Christoforous and Dion Rabouin have more.