NEW YORK (AP) — WeWork’s parent company announced major changes in its corporate governance practices Friday as it revealed plans to list shares on the Nasdaq. The office-sharing company is pressing on with its highly anticipated stock market debut — expected later this month — despite doubts about its ability to make money and decisions […]
The Dow just suffered its deepest weekly plunge since 2008 and the Nasdaq is officially in a bear market.
Stocks are slumping for a second straight day as the market endures its most volatile stretch since February.
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The S&P 500 is closing at an all-time high for the first time since July, and the Nasdaq is also near a record. The gains Monday came at the beginning of a busy week of earnings, economic data and […]
The merger will create the largest local television broadcast station ownership group.
NEW YORK (AP) — The latest on developments in financial markets (all times local): 1 p.m. Major U.S. indexes are closing at record highs on a holiday-shortened trading day. The Dow Jones Industrial Average on Wednesday easily beat the record it marked in October. The S&P 500, a broader index tracked by many index funds, […]
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks ended another roller-coaster day mostly higher on Wall Street, making up just a fraction of the ground they lost in a huge plunge the day before. Walmart was a standout Thursday, putting up a 6.1% gain after turning […]
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The Dow Jones Industrial Average sank 800 points after the bond market flashed a warning sign about a possible recession for the first time since 2007. The yield on the 10-year Treasury briefly dropped below the two-year yield Wednesday, […]
A late-afternoon rally reversed steep losses for U.S. stocks Friday, lifting the Dow Jones industrial average more than 300 points and capping a turbulent week on Wall Street that left the market with its steepest weekly slide in two years.
U.S. stocks moved sharply higher in early trading Friday, recouping some of the ground lost a day earlier when indexes plummeted, deepening a weeklong sell-off that knocked the market into a “correction” for the first time in two years.