S&P 500 posts 70th record close, Dow rises for sixth straight day

U.S. stocks rose Wednesday with the S&P 500 posting its 70th record close of the year. The S&P 500 ticked up 0.1% to 4,793.06. The Dow Jones Industrial Average added 90.42 points, or 0.3%, at 36,488.63. The Nasdaq Composite bucked the trend and ticked down 0.1% to 15,766.22. The benchmark…

Covid developments to rule the market once again in the week ahead after Friday’s rout

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2021. Brendan McDermid | Reuters Uncertainty about a new emerging coronavirus strain could continue to spook markets, just as Friday’s employment report and other data in the week ahead show the…

Stock futures are flat ahead of more retail earnings reports

A trader works on the floor of the New York Stock Exchange (NYSE), September 21, 2021. Brendan McDermid | Reuters Stock futures were flat in overnight trading Tuesday ahead of earnings reports from big-box retailers Target and Lowe’s. Futures on the Dow Jones Industrial Average added 25 points. S&P 500…

Dow futures edge lower after new highs; GE jumps on news it will split into 3 companies

U.S. stock futures were mixed during early trading Tuesday after the major averages closed at records, boosted by strength in infrastructure stocks. Futures contracts tied to the Dow Jones Industrial Average dipped 51 points, or 0.1%. S&P 500 futures traded near the flatline and Nasdaq 100 futures added 0.3%. Shares…

Biden lauds strong October jobs report as House works toward votes on big economic bills

US President Joe Biden delivers remarks on the October jobs report from the State Dining Room of the White House in Washington, DC on November 5, 2021. Brendan Smialowski | AFP | Getty Images WASHINGTON – President Joe Biden lauded the October jobs report Friday, saying the strong gains in…

October may have a bad reputation, but stocks are entering a normally positive period

A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, August 9, 2021. Andrew Kelly | Reuters October may have a bad reputation, but the fourth quarter has mostly been a positive time for stocks. Despite worries about central bank tightening, the debt…