WeWork to list shares on Nasdaq, reduce CEO’s voting power

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 […]

Markets Right Now: S&P 500 index closes at an all-time high

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 […]

Markets Right Now: Major US indexes close at record highs

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, […]

Markets Right Now: Stocks end a bumpy day mostly higher

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 […]

Markets Right Now: Dow drops 800 after bonds flash warning

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, […]

Turbulent week on Wall Street

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.

US stocks snap higher a day after entering a ‘correction’

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.

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