U.S. stock benchmarks turned higher Monday, following losses for all three major indexes last week as investors weighed brightening economic prospects against worries that interest rates will climb sooner than anticipated. Investors will be attentive to comments from a parade of speakers from the Federal Reserve, including those from Chairman …
Read More »Market Snapshot: Dow trades flat but Nasdaq slides ahead of Fed decision
U.S. stock benchmarks traded mostly lower Wednesday as investors awaited the outcome of an eagerly anticipated Federal Reserve meeting which may provide clues to the long-term path of monetary policy. What are major benchmarks doing? The Dow Jones Industrial Average DJIA, +0.08% was bouncing round the neutral line, up 16 …
Read More »NewsWatch: This ‘Nasdaq whale’ may have helped trigger the stock-market’s brutal rout
MARKETWATCH FRONT PAGE The trigger for a seismic stock-market slump Thursday and Friday that has erased weeks of gains for a frothy U.S. stock market, may have been embattled investment firm SoftBank, according to a report by Financial Times (paywall). See full story. Another coronavirus aid package is probably ‘not …
Read More »Market Snapshot: S&P 500 and Nasdaq march to fresh intraday records as big tech stocks extend gains to start September
U.S. stock indexes clambered toward record-high territory Tuesday morning, as upbeat economic reports helped to feed the buying momentum on Wall Street. The climb for stocks comes even as investors enter what is expected to be a seasonally challenging month for equities, following the best August returns in more than …
Read More »Market Snapshot: S&P 500 tops 3,200 and Nasdaq hits record, lifted by renewed hope of coronavirus vaccine
Stocks rallied Monday as investors cheered news that the Food and Drug Administration granted “fast track” status to a pair of vaccine candidates produced by Pfizer Inc. and German biotech firm BoNTech SE. The upbeat mood on Wall Street comes even as investors prepare for a tough earnings season. What …
Read More »Market Snapshot: Dow rises and Nasdaq carves out fresh intraday record as Apple, financials power Tuesday gains
[unable to retrieve full-text content] U.S. stock indexes headed higher late-morning Tuesday, with the Nasdaq Composite up for an eighth straight session, helped by improving economic data, after an overnight scare over trade relations with China. MarketWatch.com – Top Stories
Read More »Market Extra: Under Fed’s new criteria, Equifax, Nasdaq and Tiffany & Co. are ‘Main Street’ companies
Equifax Inc., Nasdaq Inc. and Tiffany & Co. aren’t typically the kind of names associated with the troubles faced by Main Street businesses. But they now are among the more than 100 companies in the S&P 500 index that would fit the Federal Reserve’s expanded criteria unveiled Thursday to help …
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