NEW YORK (Reuters) – U.S. stocks closed higher on Tuesday as earnings from Home Depot and retail sales data signaled solid consumer health and eased worries about a Federal Reserve that may have to become more aggressive in the face…
Read MoreWall St Week Ahead: Some worry U.S. stocks rally more 'Fear Of Missing Out' than fundamentals
NEW YORK (Reuters) – A record-setting run in U.S. stocks has made some investors wary as concerns grow over the market’s vulnerability to surging inflation, tighter Federal Reserve policy and moderating corporate profit growth.FILE PHOTO: The floor of the the New York Stock Exchange (NYSE)…
Read MoreTesla dips after Musk sheds $5 billion in shares
(Reuters) -Tesla’s stock declined slightly on Thursday after filings revealed Chief Executive Elon Musk sold about $5 billion worth of his shares here this week following his much-hyped Twitter poll here.FILE PHOTO: A Tesla logo is seen at the Tesla…
Read MoreS&P 500, Nasdaq resume their advances; Disney drags on Dow
(Reuters) – The S&P 500 and the Nasdaq inched higher on Thursday, with chipmakers helping the indexes resume their climb after hotter-than-expected inflation reports dampened investor sentiment and halted a streak of record closing highs.FILE PHOTO: A trader works inside…
Read MoreTesla shares inch higher after Musk sheds $5 billion in equity
(Reuters) -Tesla shares edged higher on Thursday after filings revealed Chief Executive Officer Elon Musk had sold about $5 billion of the stock over the past few days, following his much-hyped Twitter poll.FILE PHOTO: A Tesla logo is seen at…
Read MoreTesla shares rise after Musk's $5 billion stock sale
(Reuters) – Tesla shares rose in U.S. premarket trading on Thursday, even after overnight filings showed chief executive and top holder Elon Musk had sold about $5 billion of the stock over recent days.FILE PHOTO: A Tesla logo is seen…
Read MoreElon Musk exercises Tesla options, sells $1.1 billion in shares to cover taxes
(Reuters) – Tesla Chief Executive Elon Musk sold about $1.1 billion worth of shares to cover tax obligations on options exercise, the billionaire reported in filings on Wednesday.FILE PHOTO: Tesla Inc CEO Elon Musk walks next to a screen showing…
Read MoreWall Street edges higher on U.S. infrastructure bill; Tesla drags
NEW YORK (Reuters) – Wall Street stocks edged higher on Monday, as investors cheered the passage of a U.S. infrastructure spending bill, but gains were limited by falling Tesla shares.FILE PHOTO: Traders work on the floor of the New York…
Read MoreWall St books records, weekly gains on strong jobs report, Pfizer COVID-19 pill cheer
(Reuters) – Wall Street’s main indexes scored record closing highs on Friday and booked solid gains for the week following a strong U.S. jobs report and positive data for Pfizer’s experimental pill against COVID-19. The S&P 500 and the Nasdaq…
Read MoreChip, growth stocks send S&P 500, Nasdaq to records as Dow lags
(Reuters) – The S&P 500 and Nasdaq rose to record intraday highs on Thursday as chipmaker stocks surged following Qualcomm’s strong financial forecast and investors digested the Federal Reserve’s decision to start reducing its monthly bond purchases.FILE PHOTO: Traders work…
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