• S&P 500 hits all-time high

    The S&P 500 set a new closing record on Monday, after falling just short of it late last week. Hopes for progress on the US-China trade front is propelling stock markets higher across the world. The Office of the US Trade Representative said late last week that the world’s two largest economies had made headway in […]

  • Dow marks 8-day win streak as US-China trade tensions ease

    Nothing is spooking investors on this particular Friday the 13th. The Dow climbed to its eighth day of gains in a row on the news that China will exempt US soybeans and pork from its next round of tariffs. The Dow finished 0.1%, or 34 points, higher, logging its longest win streak since May 2018. The index […]

  • Dow hits new record of 27,000

    The Dow Jones Industrial Average hit a record intraday high on Thursday, topping 27,000 for the first time as investors cheered the increasing likelihood of the first rate cut in a decade. Markets were buoyant as Federal Reserve Chairman Jerome Powell spoke for the second day on Capitol Hill as part of his twice-yearly testimony […]

  • Dow plunges 600 points as China hits U.S. with $60B in tariffs

    Wall Street plunged Monday morning, with the Dow Jones Industrial Average falling by almost 600 points in response to a ratcheting up of trade tensions after China said it would raise tariffs on $60 billion worth of U.S. goods, starting June 1. Global markets have shown intense volatility over the past few weeks, with all […]

  • Uber stumbles in trading debut

    Uber began trading Friday on the New York Stock Exchange at $42 per share, below its IPO price of $45. The stock was down more than 4% in the afternoon. Uber priced its shares Thursday night toward the low end of its target range of $44 to $50 per share. That gave Uber a valuation of$75.46 billion at its […]

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