U.S. stocks gave up early gains and fell, prolonging a recent stretch of losses that has dragged large indices down to start the year. The technology-heavy Nasdaq Composite fell 166.64 points, or 1.1%, to 14,340.26. It ended the day 10.7% below the record-breaking highest level … Read More

If there is one place to hide in the current market turmoil, it has been in the energy sector, as oil prices CL.1, +1.86% has risen to eight-year heights. RBC Capital Markets, for example, just threw the towel in the ring on its underperform call … Read More

US stock indices fell on Tuesday and bond yields hit two-year highs as investors worried about whether the Federal Reserve would raise interest rates faster and more aggressively than expected. Investors who came after a holiday weekend that had closed markets on Monday sold shares … Read More

US stock futures fell and bond yields hit two-year highs, reinforcing investors’ fears that rising yields will set back the major technology stocks that have come to dominate the markets. Futures for the S&P 500 fell 1% the following Tuesday US markets closed on Monday … Read More

BERLIN – An increase in luxury car sales and the shift from scarce semiconductors to the most profitable vehicles helped many carmakers make robust profits last year, even as sales of ordinary vehicles lagged behind and supply chain disruptions paralyzed car production. Faced with the … Read More

The stock market’s winter sales deepened this week, pushing all three major indices further down to minus for 2022. The S&P 500 and Dow Jones Industrial Average both fell for the second week in a row, while the Nasdaq Composite has fallen the past three. … Read More

Text size Wells Fargo bank David Paul Morris / Bloomberg Wells Fargo ‘s fourth-quarter earnings slightly topped Wall Street’s expectations, but the bank’s shares traded lower in pre-market trading after first moving higher. The San Francisco-based bank’s profit was $ 5.75 billion, or $ 1.38 … Read More

Text size PayPal’s headquarters in San Jose, California. Getty Images Shares of PayPal fell on Wednesday after Jefferies downgraded the stock, citing worsening e-commerce trends as shoppers return to brick-and-mortar stores. Analyst Trevor Williams changed his rating to Hold, down from Buy, and lowered his … Read More

Equities ticked higher and bond yields retreated, despite data showing inflation the highest level since 1982, as investors are betting that price pressures affecting the economy may peak. The S&P 500 rose 0.4% at the beginning of Wednesday trading. The broad market index rose on … Read More

U.S. stock futures were slightly altered ahead of data expected to show the largest annual rise in prices in four decades, underscoring the broad inflationary pressures affecting the economy. Futures for the S&P 500 rose 0.1% on Wednesday. The broad market index rose on Tuesday. … Read More