Columbus, OH

The Associated Press

The Dow Jones Industrial Average climbed to an all-time high, even as big tech companies weighed on the broader market, leading U.S. stock indexes to a mixed finish on Wall Street. The S&P 500 fell 0.3% Monday, remaining within 0.9% of its record set in July. The Nasdaq composite fell 0.9%, pulled down by several technology companies that tend to tip the market because of their big values. Nvidia lost 2.2%, Microsoft fell 0.8%, Amazon dropped 0.9%, Meta Platforms slid 1.3% and Tesla lost 3.2%. The Dow rose 0.2%, to 41,240, eclipsing its previous high set in mid-July. The average is less influenced by big tech, with only Apple and Microsoft among the most valuable “Magnificent Seven” stocks in the index. That helped limit the impact of the big tech decliners. The price of U.S. crude oil jumped 3.5% after Israel and the Lebanese militant group Hezbollah traded heavy fire on Sunday, triggering potential supply worries.

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower

TheDailyBeast

Fears of an impending U.S. recession sent the Dow Jones Industrial Index tumbling more than 1,000 points in early trading Monday and triggered a panic sell-off in financial markets around the world.Wall Street went into meltdown with the S&P 500 down 4 percent and Nasdaq dropping 5.5 percent. The Dow Jones slipped 3 percent, or 1,197 points by 9.35 a.m. Eastern.Earlier, the FTSE 100 index in London fell by 2.1 percent, and it was followed by the Nikkei 225 in Japan plunging by 12.4 percent, or 4,451 points, the biggest one-day points drop in history.In Paris, the CAC-40 fell by...

Stock Markets Crash Worldwide Over Fears of U.S. Recession

CBS New York

Fear, long absent in financial markets as investors bet on a "soft landing" for the U.S. economy, is back in the air on Wall Street.Stocks tumbled Friday after new government data showed a steep decline in hiring in July, spurring concerns that economic activity is slowing faster than economists expected. Two hours into the session, the blue-chip Dow Jones Industrial Average was down 984 points, or 2.4%, to 39,415. The broader S&P 500 sank 2.5%, while the tech-heavy Nasdaq Composite lost nearly 3%, fueled by disappointing quarterly earnings from bellwethers such as Amazon and Intel. Market analyst Adam Crisafulli of Vital Knowledge...

Dow plunges nearly 1,000 points amid sharp drop in U.S. hiring

(Reuters) - The Nasdaq and S&P 500 ended higher on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised expectations that the Federal Reserve will cut interest rates modestly in September. U.S. consumer spending increased solidly in July, suggesting the economy remained strong while prices rose moderately.

S&P Ends Higher After Upbeat Economic Data

24/7 Wall St.

It used to be said, “As goes General Motors, so goes the nation.” It is pretty much the same thing with the Dow Jones Industrial Average. The venerable index has long been considered a barometer on the health of the stock market and the economy. It’s been a bumpy ride for both this year. Although […]
The post Should You Buy the 3 Best Dow Stocks in 2024? appeared first on 24/7 Wall St..

Should You Buy the 3 Best Dow Stocks in 2024?

Pennsylvania State

Wilkes-barre, PA

Straight Arrow News SANcom

At a recent rally in Pennsylvania, supporters left before Trump finished his speech and they expressed frustration with his message.

Trump supporters walk out on MAGA rally before it ends

The Independent

 The FTSE 100 neared its record value before dipping to finish the day in the red on Friday.London’s blue-chip index fell 3.01 points, or 0.04%, to end the day at 8,376.63.It had climbed above 8,400 earlier in the day and neared May’s all-time closing high of 8,445 before falling back.The session came as business groups gave mixed reactions to potential Labour plans to open up a “compressed hours” four-day work week to more of the workforce.Some urged caution, while the Trades Union Congress said offering employees more flexible working arrangements “makes good economic sense”.At the end of the day...

FTSE 100 falls after nearing record high earlier on Friday

Snopes

The Oscar-winning actor has been very critical of Trump in the past.

Fact Check: Did Morgan Freeman Say a 2nd Trump Presidency Would Be 'Good for the Country'?

Kohl's beat profit estimates for the second quarter, despite lower sales, as the discount department store operator cut costs. Kohl's warned about a challenging consumer environment but raised its full-year outlook for earnings per share. Kohl's shares edged higher Wednesday, but they've lost nearly a third of their value this...

Kohl's Cuts Costs to Address a Challenging Consumer Environment

Mediaite

CNN anchor Dana Bash asked Vice President Kamala Harris on Thursday why she hadn’t yet acted on her campaign plan to fix the economy, given she has “been vice president for three-and-a-half years.”. During her interview with the vice president and her running mate Tim Walz, Bash asked:

‘You Have Been Vice President for Three-and-a-Half Years’: Dana Bash Asks Kamala Harris Why She Hasn’t Acted on Her Plan to Fix Economy

The Gross Domestic Product grew at a 3% annual rate in the second quarter, faster than the 2.8% estimated in a preliminary report in July. New data showed consumers spent more and inflation was tamer than previously thought. Healthy economic growth coupled with cooling inflation signals that the economy can...

The Economy Was Healthier in the Second Quarter Than Previously Thought

The S&P 500 Index ($SPX) (SPY) today is up +0.62%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.04%. Stocks are moderately higher today on positive corporate and economic news. Intel is up more than +9% after Bloomberg News reported that the company is discussing various scenarios, including a split of its product design and manufacturing businesses. Also, Autodesk is up more than +3% after reporting better-than-expected Q2 net revenue and boosting its full-year revenue forecast. In addition, MongoDB is up more than +15% after reporting Q2 adjusted EPS well above consensus and raising its 2025 adjusted EPS forecast.

Stocks Climb on Positive Economic News

Wall Street notched another record high Tuesday, even as major stock indexes barely budged after a listless day of trading. The Dow Jones Industrial Average rose 9 points, or less than 0.1%, which was good enough for its second all-time high in two days. The index is on an eight-day winning streak.

Stock market today: Dow Jones Industrial Average inches up to another record high in mixed trading

After a wonky August that saw two SSI payments, Social Security recipients can expect a semi-normal September payment calendar. Roughly 68 million Americans receive Social Security benefits every month, including almost 9 out of every 10 people age 65 and up. Social Security funds aren’t just for older folks, though. Payments go out to retirees, survivors of late workers, those with little to no resources, disabled workers, the blind, dependents and more.

When Social Security Recipients Will Get Their Checks in September

TheStreet

Investors are looking to close out August with a modest gain, and carry some bullish momentum into a crucial autumn stretch for global markets.

Stock Market Today: Stocks end higher with PCE inflation data on deck

California State

The national average price for a regular gallon of gas was $3.36 going into Labor Day weekend. In much of the South, drivers pay the lowest prices of less than $3 a gallon. Prices on the West Coast are some of the highest in the nation but are lower than they were last year.

These States Have the Most Expensive Gas Prices This Labor Day Weekend

The tech stock selloff in July surprised the market but not those investors who were paying attention. As far back as April, Goldman Sachs (NYSE:GS) warned of the coming decline. Its analysts said sector rotation could hurt the market and told investors to look outside of technology stocks for new investment ideas. It was a […]
The post Goldman Sachs Predicts a Double-Digit Rally for These 2 Growth Stocks appeared first on 24/7 Wall St..

Goldman Sachs Predicts a Double-Digit Rally for These 2 Growth Stocks

New York Post

The Dow notched a record high close on Thursday in mixed trading following robust US economic data, while artificial intelligence chipmaker Nvidia dropped after its largely in-line forecast failed to impress investors.

The Dow Jones Industrial Average hit an all-time high of 41,577.97 before closing at 41,335.05, a gain of of 243.63 points, or 0.6%. The blue-chip index’s previous record close was 41,250.50 on Tuesday. 

The S&P 500 was flat, while the Nasdaq edged down 0.2%.



The economy grew faster than initial estimates due to strong consumer spending, the Commerce Department reported, supporting expectations the US is likely to avoid a recession.

Dow closes at record high as Fed-fueled rally continues on Wall Street

“Downward revisions to inflation accompanying...

Dow finishes at another record as investors shift Nvidia focus to the economy

Shares of Warren Buffett's holding company, Berkshire Hathaway, rose in intraday trading on Wednesday, pushing its market capitalization above $1 trillion for the first time. Berkshire is just the 8th U.S. company, and 9th in the world, to cross the $1 trillion mark. In his six decades at the helm...

Warren Buffett's Berkshire Hathaway Enters $1 Trillion Club

Bath & Body Works expects net sales to fall between 2% and 4% this year, worse than its previously offered guidance. CEO Gina Boswell called the lower range "prudent" amid challenging consumer spending trends. The retailer also missed expectations with its second-quarter net sales. Bath & Body Works (BBWI) shares...

Bath & Body Works Offered a 'Prudent' Outlook. Its Shares Are Falling

NewsBreak

Dow Jones Today: Major Indexes on Pace to Finish Volatile August With Monthly Gains

Major stock indexes were higher Friday after a benign inflation report reinforced expectations that the Federal Reserve will start cutting its benchmark interest rate soon. The...

Dow Jones Today: Major Indexes on Pace to Finish Volatile August With Monthly Gains

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