US stocks slid on Wednesday, led by a sell-off in the tech sector as investors took in weak financials and earnings guidance. Major indexes ticked lower in early-morning trading, with the Nasdaq Composite slumping 0.6%. Uber shares were down about 5% after the rideshare service posted a $654 million loss over the first quarter. Intel … Read more
HD Hyundai Marine Solution’s IPO is the biggest in South Korea since LG’s electric vehicle battery maker raised $10.7 billion in early 2022. Ships sail in front of a gantry crane at an HD Hyundai Heavy Industries shipyard in Ulsan, South Korea. Shares of HD Hyundai Marine Solution, the ship repair unit of South Korean … Read more
The Dow Jones Industrial Average and the S&P 500 inched higher Tuesday as traders looked for more clues on when the Federal Reserve may start cutting rates. The 30-stock Dow advanced 31.99 points, or 0.08%, to close at 38,884.26. The blue-chip index rose for a fifth day and marked its longest winning streak since December. … Read more
Here are the most important news items that investors need to start their trading day: The Dow rallied for the fourth day in a row, ending Monday up 176.59 points, or 0.46%. The S&P 500 and the Nasdaq Composite, meanwhile, rose for the third consecutive day and added 1.03% and 1.19%, respectively, as traders expect … Read more
Traders work on the floor at the New York Stock Exchange in New York, Wednesday, May 1, 2024. (AP Photo/Seth Wenig) Traders work on the floor at the New York Stock Exchange in New York, Wednesday, May 1, 2024. (AP Photo/Seth Wenig) Wall Street capped a choppy week of trading Friday with the best day … Read more
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A person walks in the rain near an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Tuesday, May 7, 2024, in Tokyo. (AP Photo/Eugene Hoshiko) A person walks in the rain near an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Tuesday, May 7, 2024, in Tokyo. … Read more
NEW YORK (AP) — U.S. stocks are drifting Wednesday as Wall Street remains in a lull. The S&P 500 was virtually unchanged in morning trading after a big three-day winning streak gave way to a tiny gain the prior day. The Dow Jones Industrial Average was up by 49 points, or less than 0.1%, as … Read more
Here are the most important news items that investors need to start their trading day: It was a muted and mixed day on Wall Street. The Dow Jones Industrial Average finished slightly higher Tuesday and is on its longest winning streak since December. The blue-chip index added 31.99 points, or 0.08%. The S&P 500, meanwhile, … Read more
A currency trader passes by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 8, 2024. (AP Photo/Ahn Young-joon) Currency traders work near the screen showing the Korea Composite Stock Price Index (KOSPI), left, and the … Read more