![]() ![]() The company said its electric vehicle adoption was taking longer than expected due to higher costs. ![]() On the other hand, Ford Motor shares fell 3.4% even though the automaker beat estimates and raised guidance. stock underperforms Wednesday when compared to competitors MarketWatch 16:42 GameStop Corp. Intel jumped 6.6% as investors applauded a return to profitability, while Roku climbed 31% a day after beating Wall Street expectations on both the top and bottom lines. The consumer goods company behind Tide and other brands beat analysts' earnings and revenue expectations in its most recent quarter. stocks dropped on Wednesday, with the S&P 500 and Dow giving back gains after rising for back-to-back sessions. "In the wake of stronger than expected GDP, and a better-than-expected earnings season, this could be the catalyst to send the market to new highs," wrote Gina Bolvin, president of Bolvin Wealth Management Group.Įarnings season continued with Dow member Procter & Gamble shares gaining nearly 3%. Emily McCormick Jat 12:00 PM 9 min read U.S. The Fed targets inflation at 2% annually. The data is of particular interest after the central bank raised interest rates earlier this week in a widely expected move. Core PCE rose 4.1% from the year-ago period, lower than the anticipated 4.2%. The gauge showed core PCE gained 0.2% month-over-month, in line with the 0.2% increase expected by economists polled by Dow Jones. On Friday, June data for the personal consumption expenditures price index continued to show easing inflation. ![]() This week, investors cheered data showing cooling inflation and stronger-than-expected earnings reports that supported the case the U.S. The S&P advanced 1.01%, and the tech-heavy index is up 2.02%. These Stocks Are Moving the Most Today: Tesla, NIO, AMC. The Dow Jones Industrial Average rose 38 points. On Thursday, the Dow ended a 13-day win streak, a length not seen since 1987. Stock Market News Barrons live coverage of financial markets. The Nasdaq Composite gained 1.90% to 14,316.66.Īll three major averages notched weekly gains with the 30-stock average up by about 0.66%. The blue-chip index fell 237 points after being on track to close higher for a 14th consecutive session. The Dow jumped 176.57 points, or 0.50%, to 35,459.29. The Dow slipped on Thursday, snapping a 13-day winning streak. Stocks rose Friday with the Dow Jones Industrial Average and S&P 500 closing out their third winning weeks in a row as a measure of inflation closely watched by the Federal Reserve came in at its lowest in nearly two years. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Amazon’s nearly 2 gain marked an eighth-straight daily increase, according to Dow Jones Market Data. CNN Sans ™ & © 2016 Cable News Network.Best Debt Consolidation Loans for Bad Credit Market holidays and trading hours provided by Copp Clark Limited. ![]() All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. The Dow Jones Industrial Average on Friday retreated 74 points, or 0.2. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Stocks ended a cruel 2022 with further losses, marking the worst year for the stock market since 2008. The stock market ended mostly lower Wednesday even after a two-day rout as investors grow increasingly concerned about the Federal Reserve’s interest rate policy. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. stocks dropped on Wednesday, with the S&P 500 and Dow giving back gains after rising for back-to-back sessions. Bitcoin has been falling since late in 2021 and is now down about 48 from its November all-time high. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. according to Dow Jones Market Data going back to 2005. please contact Dow Jones Reprints at 1-80 or visit www. The S&P 500 traded near 4,550, while the Nasdaq 100 underperformed after a special. Your CNN account Log in to your CNN account Stock Market Today, May 4, 2023: Dow Closes Down Nearly 300 Points as Oil Steadies, PacWest. The Dow Jones Industrial Average rose for an 11th straight day its longest winning run since 2017. ![]()
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