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 »Market Snapshot: Biden’s ‘rescue America’ plan is big. How its trillions could help both Wall Street and Main Street
As Americans hunker down and wait to get vaccinated, the toll of the coronavirus pandemic keeps rising. Its costs, both in lives and livelihood, prompted President-elect Joe Biden on Thursday to propose another $ 1.9 trillion “first step” spending package to help combat the carnage of the pandemic, even before …
Read More »Market Snapshot: Dow rises, but tech stocks slip as ‘reflation trade’ grips Wall Street after Democrats flip Senate seat
U.S. stocks mostly shook off early losses to trade higher Wednesday, though technology sector stocks remained lower, after Democrats scored at least one U.S. Senate seat in run-off elections in Georgia Tuesday, bringing the possibility of regulation and higher corporate taxes. How are stock benchmarks performing? The Dow Jones Industrial …
Read More »Market Snapshot: Stock-market pros are having a tough time imagining an S&P 500 slump in 2021
Farewell, 2020. Hello, 2021. It is onward and potentially upward, Superman style, for the U.S. stock market next year, based on analysts’ ambitious year-end targets for the S&P 500 index. No equity market analysts that MarketWatch surveyed for this report foresee a pullback from current levels, already observed as lofty …
Read More »Market Snapshot: Dow slightly lower after jobs data as U.S. election count continues
Kena Betancur/Agence France-Presse/Getty Images U.S. stocks were modestly lower in early action Friday, threatening to end a four-day winning streak, as investors sifted through October jobs data, continued to monitor election results, and weighed a surge in COVID-19 cases. What are major benchmarks doing? The Dow Jones Industrial Average DJIA, …
Read More »Market Snapshot: Dow futures up 150 points as investors monitor Trump response to coronavirus treatment
White House physician Sean Conley (second right, with medical staff, arrives to give an update on the condition of President Donald Trump on Sunday. Brendan Smialowski/Agence France-Presse/Getty Images Stock-index futures rose modestly Sunday evening as investors tracked President Donald Trump’s response treatment for COVID-19 after he was hospitalized for the …
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 »The Wall Street Journal: How the Kodak generic-drug ingredients deal developed, and why it fell apart: a snapshot
On a white board in his office earlier this year, Trump trade adviser Peter Navarro made a list of potential companies that could manufacture pharmaceuticals in the U.S. He separated them into three columns, one for each stage of the production process. Eastman Kodak Co. stood out, overlapping two of …
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