Author: Stan Choe
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Dow drops 1,000 as stocks sell off around the world and oil prices leap even higher on war worries
NEW YORK (AP) — A worldwide sell-off for stocks is slamming onto Wall Street Tuesday, and oil prices are leaping even higher as worries rise that the war with Iran is widening and may do more sustained damage to the global economy than feared. The S&P 500 dropped 2% in morning trading. The Dow Jones…
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US stocks slip and oil prices leap as war in the Middle East raises worries about high inflation
NEW YORK (AP) — Oil prices climbed, and stock markets slipped Monday as investors and households got the first chance to see what the war in the Middle East could mean for their finances. Crude prices jumped more than 6%, which will likely translate into higher prices at gasoline pumps, because of fears that a…
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US stocks drift higher as gold, silver and bitcoin stabilize
NEW YORK (AP) — U.S. stocks drifted higher on Monday following big rallies for markets in Asia earlier in the day. The S&P 500 rose 0.5% and pulled closer to its all-time high set two weeks ago. The Dow Jones Industrial Average added 20 points, or less than 0.1%, and the Nasdaq composite gained 0.9%.…
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US stocks and gold sink, while meme stocks swerve, as Wall Street’s momentum slams into reverse
NEW YORK (AP) — U.S. stocks and the price of gold are falling on Wednesday, as momentum on Wall Street slams into reverse. The S&P 500 sank 1% and is on track for one of its worst days of the past few months, though it’s still close to its all-time high set earlier this month.…
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Stocks remain unsteady on Wall Street amid trade disputes, corporate profit reports
NEW YORK (AP) — Stocks are wavering in unsteady trading Wednesday as Wall Street contends with an escalating trade war and the latest profit reports from big banking and technology companies. The S&P 500 fell 0.1%, reversing course from an early gain of 1.2%. The index is coming off a roller-coaster day where it careened…
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US stocks drop toward worst day since April after Trump threatens more tariffs on China
NEW YORK (AP) — A monthslong calm on Wall Street is shattering Friday, and U.S. stocks are falling after President Donald Trump threatened to crank tariffs much higher on China. The S&P 500 sank 2% and was heading toward its worst loss since April. The Dow Jones Industrial Average dropped 598 points, or 1.3%, after…
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US stocks drop toward worst day since April after Trump threatens more tariffs on China
NEW YORK (AP) — A monthslong calm on Wall Street is shattering Friday, and U.S. stocks are falling after President Donald Trump threatened to crank tariffs much higher on China. The S&P 500 sank 2% and was heading toward its worst loss since April. The Dow Jones Industrial Average dropped 598 points, or 1.3%, after…
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US stocks drop toward worst day since April after Trump threatens more tariffs on China
NEW YORK (AP) — A monthslong calm on Wall Street is shattering Friday, and U.S. stocks are falling after President Donald Trump threatened to crank tariffs much higher on China. The S&P 500 sank 2% and was heading toward its worst loss since April. The Dow Jones Industrial Average dropped 598 points, or 1.3%, after…
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Wall Street gets back to rising as gold keeps setting records
NEW YORK (AP) — U.S. stocks are getting back to rising on Wednesday, while the price of gold is pushing further past $4,000 per ounce. The S&P 500 climbed 0.5% a day after breaking its seven-day winning streak, and it’s on track to top its all-time high set on Monday. The Dow Jones Industrial Average…
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Wall Street gets back to rising as gold keeps setting records
NEW YORK (AP) — U.S. stocks are getting back to rising on Wednesday, while the price of gold is pushing further past $4,000 per ounce. The S&P 500 climbed 0.5% a day after breaking its seven-day winning streak, and it’s on track to top its all-time high set on Monday. The Dow Jones Industrial Average…