Stocks veered on worries about how badly a slowing economy will hit corporate profits.
More big companies delivered their financial results for the last three months of 2022 amid lingering concerns about a potential recession.
Stocks started 2023 with gains on hopes that cooling inflation and a slowing economy may get the Federal Reserve to ease off its sharp interest rate hikes.
Stocks ticked higher in quiet trading Tuesday on Wall Street, ahead of some potentially market-moving reports scheduled for later in the week.
Stocks ticked higher in quiet trading Tuesday on Wall Street, ahead of some potentially market-moving reports scheduled for later in the week.
Investors opened a new year with the same concerns that weighed on markets in 2022: high inflation and the Federal Reserve's interest rate hikes.
Stocks struggled all year as inflation put pressure on consumers and raised concerns about economies slipping into recession.
The latest losses don't bode well for investors hoping for another "Santa Claus" rally. That's Wall Street's term for when stocks rise in the last five trading days of December and first two of January.
Mixed economic news weighed on stocks early on, but the indexes rebounded by late afternoon amid relatively light trading ahead of a long holiday weekend.
A rally pushed major indexes into the green for the week, as investors welcomed a report showing consumer confidence is holding up better than expected.
On Wall Street, muted gains were enough to end a four-day losing streak for the major indexes.
The S&P 500 lost 0.6% after giving up an earlier gain of 0.9%. The Dow Jones Industrial Average fell 0.4% and the Nasdaq composite gave back 0.8%.
Stocks closed higher Monday as Wall Street kicked off a busy week when central banks are likely to unload the year's final barrage of interest…
Oscar Mayer. Velveeta. Capri Sun. Kraft Heinz CEO Miguel Patricio admits: Some of the company's iconic products had become "a little bit dusty."
Oil companies swam in record profits over the last few months at a time when Americans struggled to pay for gasoline, food and other basic necessities.
JetBlue Airways on Thursday announced it would purchase Spirit Airlines, a combination that would create America's fifth-largest airline.
Zuckerberg now stands in 10th place on the Bloomberg Billionaires Index.
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