US stocks sank on Friday, deepening a sell-off across U.S. equity markets that led to a sizable weekly loss for all three major averages as traders weighed an ominous warning from FedEx about the global…
Browsing CategoryWall Street
Investors On A Buying Spree
Stocks on Wall Street rallied on Friday to record their first weekly gain since mid-August as investors went on a buying spree. The gains followed a sharp sell-off that began four weeks ago, triggered by…
Investors Brace For More Hikes, Wall Street Stocks In The Red
Wall Street stocks were all flashing red at the close of the week of August 26, after Federal Reserve Chief Jerome Powell’s signal that the central bank would keep hiking rates to tame inflation. The…
Fears Resurfaced- Board Selloff as Stocks Tumble
Stocks tumbled on Friday in a broad selloff as US bond yields rose and rate hike fearsresurfaced. Friday’s halt in Wall Street’s summer rally came as minutes from the Federal Reserve’s Julymeeting and comments from…
Welcome Relief For Investors On Wall Street
Stocks racked up more gains Friday as Wall Street closed out its best month since November 2020, a welcome breather for investors after a punishing year for the market. The week’s gains come as investors…
US Stock Market Strengthens With Wins On Wallstreet
Wall Street has enjoyed a strong week for markets, as traders absorbed higher-than-expected second-quarter corporate earnings. On Friday, the S&P 500 touched the 4,000 level, which it hasn’t hit since June 9, before coming back…
Retail Sales Make a Come Back on Wall Street
U.S. stocks rallied Friday to cap a four-day losing streak on Wall Street led by retail sales which rose higher than expected and a surprise earnings beat from Citigroup. Data from the Commerce Department on…
