Page 4 - Us Stock Market

'Everyone got burned': Wall Street missed great stock rally of 2023

Blended together, these three calls - sell US stocks, buy Treasuries, buy Chinese stocks - formed the consensus view on Wall Street

Disney shares Fall over 3% after doubling park spending to $60 billion

Disney said it has seen record growth in customer spending at parks over past two years, and significant decrease in number of tickets it sells at a discount, compared with before pandemic

Microsoft narrowing market cap gap with Apple for world's largest stock

The Redmond, Washington-based company's shares have outperformed the iPhone maker's this month, bringing its market value closer to Apple

S&P 500 inches higher, dollar weakens as soft data supports Fed pause

NEW YORK (Reuters) - The S&P 500 advanced and the dollar extended its losses on Wednesday, as a slew of disappointing economic data raised the probability that the Federal Reserve will press the pause button in its efforts to rein in inflation.

Apple shares hit all-time high ahead of Worldwide Developers Conference '23

Apple shares hit a record high for first time in 17 months on Monday, ahead of an annual software developer conference, although their market value remained short of an all-time peak of $3 trillion

KKR to take machinery maker Circor private in $1.6 bn deal, stock up 49%

KKR said it will pay $49 per share, sending Circor's stock up 49% at $47.20 in premarket trading. The offer represents a premium of nearly 55% to Circor's last close on Friday

Wall Street drops as job gains fuel rate-hike worries; Nasdaq falls 1.2%

First Republic slips as bank suspends preferred stock dividend; semiconductor stocks up; Samsung plans to cut chip output

A calmer Wall Street holds relatively steady ahead of US jobs data

Stocks are holding relatively steady Tuesday, as Wall Street continues to find more calm following its tumultuous swings in March. The S&P 500 was virtually unchanged in early trading. The Dow Jones Industrial Average was edging down by 44 points, or 0.1 per cent, at 33,556, as of 9:50 a.m. Eastern time, while the Nasdaq composite was 0.1 per cent lower. Both the stock and bond markets have been steadying after swerving sharply through the first three months of the year. Many big questions still weigh on Wall Street, but the worst fears driven by the second- and third-largest US bank failures in history have abated following forceful actions by regulators around the world. Investors are still split on whether the US economy will fall into a recession and how badly profits for companies are set to fall. The biggest question remains what the Federal Reserve will do next with interest rates after hiking them furiously over the last year to get high inflation under control. A report ..

SVB Financial Group in talks for sale; crisis triggers global banking rout

The brutal rout in the lender's stock, which began on Thursday, spilled over into other US and European banks, with the episode spreading concern about hidden risks in the sector

Prefer cheaper European stocks to US equities: Citigroup strategists

With recession now also looming in America, investors are turning their back on expensive mega caps and focusing on Europe's cheap valuations

Oil rises to 3-week high as OPEC+ agrees to deep cuts, US stockpiles fall

Prices also rose on US government data that showed crude and fuel inventories fell last week

Bed Bath & Beyond quarterly loss widens on merchandising issues

Bed Bath's stock and fortunes have slumped after its move to sell more store-branded products flopped and led to a reshuffle of its management team earlier this year

Options activity hints US stock market has not reached bottom: Barclays

With the S&P 500 marking a fresh bear market low on Tuesday, down 24% for the year, traders and investors are searching for clues as to when the market may bottom out

US stocks rise broadly, remain on track to break 3-week losing streak

Stocks rose in afternoon trading on Wall Street Friday, keeping the market on track to break a three-week losing streak. The S&P 500 rose 1.2% as of 12:15 pm Eastern and is up 3.3% for the week. The Dow Jones Industrial Average rose 306 points, or 1%, to 32,078 and the Nasdaq rose 1.7%. Each index is on track for its first weekly gain in four weeks. Technology stocks and retailers had some of the biggest gains. Microsoft rose 1.8% and Amazon rose 1.6%. DocuSign jumped 8% after the electronic signature company reported strong second-quarter sales and raised its subscription forecast. All 11 industry sectors in the benchmark S&P 500 rose, though makers of household goods and utilities, which are typically considered less risky investments, lagged the market. U.S. crude oil prices rose 3.1%. Bond yields were mixed. The yield on the 10-year Treasury, which influences interest rates on mortgages and other loans, fell to 3.31% from 3.33% late Tuesday. The two-year Treasury yield, ..

Investors bracing for another stretch of volatility in US stock market

Even as stock prices dropped, the earnings half of the P/E equation remained relatively resilient. Now that Wall Street analysts are cutting profit estimates at a faster pace than usual

Wall Street slides as strong jobs data fuels interest rate hike worries

Fed Governor Christopher Waller and St. Louis Fed President James Bullard said on Thursday they would support another 75-basis-point rate increase, but forecast a downshift to a slower pace afterward

Bruised US stock investors brace for more pain in second half of 2022

With investor expectations fluctuating between continued high inflation and an economic downturn caused by a hawkish Fed, few believe the market's volatility will dissipate anytime soon

US, European shares advance as euro dives to lowest since 2017

The euro dropped to its weakest since 2017 after Russia halted gas supplies to Bulgaria and Poland, and investors fretted more about the region's economy

Stocks rise with growth names, dollar up on talk of more Moscow sanctions

By Caroline Valetkevitch

Wall Street steadies as market focuses on rate outlook, Ukraine

Treasury yields rose as markets evaluated the possibility of bigger U.S. interest rates in store and the impact of Russia's war in Ukraine