Stock futures declined before the opening bell Monday after the U.S. credit rating was downgraded by Moody’s Ratings on Friday. As of 8:30 a.m. EST, S&P 500 futures had shed 65 points, or 1.1%, while Dow Jones Industrial Average futures declined 252 points or 0.6%. The tech-heavy Nasdaq Composite futures dropped 1.5%. The U.S. dollar […]
Dow gains 1,000 points after U.S. and China agree to slash tariffs for 90 days
News of a U.S. agreement with China to temporarily ease tariffs sent stocks soaring on Monday, with the major indexes rising more than 2% in early trading. The S&P 500 rose 153 points, or 2.7%, to 5,812 as of 11:05 EST, while the Dow Jones Industrial Average added 1,011 points, or 2.5%, to 42,261. Early […]
Stock market treads water as Wall Street awaits key weekend meeting between U.S. and China
Investors remained cautious Friday as they wait to see if the Trump administration’s efforts to cool trade tensions with key U.S. economic partners will bear fruit. Both the S&P 500 and tech-heavy Nasdaq Composite were roughly flat on Friday, while the Dow Jones Industrial Average fell 119 points, or 0.3%, to 41,249. Although stocks have […]
Stocks rise after Trump announces trade deal between the U.S. and U.K.
Stocks rose Thursday after President Trump announced a new trade agreement with the United Kingdom. The S&P 500 gained 55 points, or 1%, to 5,686, while the Dow Jones Industrial Average rose 408 points, or 1%, to 41,523. The Nasdaq Composite also made gains, rising 1.3%. Mr. Trump announced the trade deal with the United […]