U.S. economy in a recession after GDP contracts, Bed Bath & Beyond hits new snag, mortgage rates latest| September 29, 2022

Symbol Price Change %Change AAPL $142.03 -7.81 -5.21 WBA $31.61 -1.58 -4.77 BA $125.62 -7.82 -5.86 V $179.93 0.75 0.42 TRV $154.46 1.53 1.00 U.S. stocks saw steep swings on Thursday with the Dow Jones Industrial Average wiping out most of Wednesday’s 548-point gain. Apple and Boeing led the drop, while Travelers and Visa managed … Read more

Live stock market news: Stocks stable after Bank of England action, Janet Yellen exit? Alzheimer drug promise lifts Biogen and others

Developing Story Promising Alzheimer’s treatment An estimated 6.5 million Americans age 65 and older are living with Alzheimer’s and a new drug may be the first of its kind to slow the disease’s progression. Pending home sales dropped 2.0% in August as mortgage rates head towards 7% Mortgage rates are headed towards 7% of more. … Read more

Live stock market news: Stocks curbed gains in choppy session as bond yields continued to march higher. Oil also on the rise as Hurricane Ian barrels towards Florida.

Breaking News Nasdaq Composite rallies, S&P, Dow slip as 10-year Treasury yield nears 4% Symbol Price Change %Change XLP $68.24 -1.19 -1.71 XLU $68.89 -1.14 -1.63 XLY $146.38 0.29 0.20 XLE $69.72 0.97 1.42 U.S. stocks, in a volatile session, ended mixed with the Nasdaq Composite posting modest gains, while the Dow Jones Industrial Average … Read more

STOCK MARKET NEWS: Futures weak, British pound plunge, gasoline on the rise

Stock futures trade lower to start the week U.S. equity futures traded lower on Monday. following another brutal week for stocks. The major futures indexes suggest a decline of 0.1% when trading begins on Wall Street. The Dow Jones Industrial Average on Friday briefly hit a bear market before bouncing back slightly from a 700-point … Read more

Live stock market news: Investors dump U.S. stocks, oil falls below $80 level hitting energy stocks

Breaking News Dow tanks 700 points, Boeing, Chevron lead drop Dow Jones Averages. $ 29394.79 U.S. stocks see heavy selling with all three of the major averages down over 2% with the Dow’s point drop hitting 700. All 30 members traded in the red with Boeing and Chevron the worst performers. Oil fell nearly 6% … Read more

Live stock market news: Stocks slide, bond yields jump as Fed’s expected rate hike rattles investors

Symbol Price Change %Change I:DJI $31,019.68 197.26 0.64 SP500 $3,899.89 26.56 0.69 I:COMP $11,535.02 86.62 0.76 U.S. stocks were whipsawing overnight despite evidence investors were nervous as expectations of a Federal Reserve rate hike would become a reality Wednesday on the second day of the central bank’s monthly meeting.  On Monday, Wall Street indexes swayed … Read more

Live stock market updates: Stocks choppy as 10-year Treasury yield spikes, homebuilders in focus

Symbol Price Change %Change I:DJI $30,822.42 -,139.40 -0.45 SP500 $3,873.33 -28.02 -0.72 I:COMP $11,448.40 -,103.95 -0.90 U.S. stocks were lower Monday as investors braced for another expected rate hike by the U.S. Federal Reserve later this week. On Friday, a stark warning from FedEx about rapidly worsening trends in the economy gave investors more to … Read more

STOCK MARKET NEWS: US stocks skid to levels not seen since mid-July

Breaking News US stocks wrap up worst week in months, Treasury yields up for a seventh session All three major U.S. stock indexes slid to levels not touched since mid-July, with the S&P 500 closing below 3,900, a closely watched support level. The S&P 500 lost 0.72% to end at 3,873.33 points, while the Nasdaq … Read more