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U.S. stocks on Tuesday were attempting to recover some early lost ground on the back of gains in technology and tech-related shares as investors assessed the economic and public-health environment following a strong rally to start the week in the previous session. The apparent pause in unfettered enthusiasm for equities followed revised forecasts from the …

It has been the best of times and the worst of times for U.S. equity benchmarks over the past two quarters, and that is, perhaps, why Wall Street analysts are facing their most befuddling challenge yet. The Dow Jones Industrial Average DJIA, +0.84% and the S&P 500 SPX, +1.54% just put in their best quarterly …

Apple Inc., Verizon Corp. and the U.S. divisions of several foreign auto makers are among the largest direct beneficiaries of Federal Reserve efforts to support the corporate-debt market, according to disclosures Sunday. In all, the Fed on Sunday identified 794 companies whose bonds it will be buying directly to support the market for investment-grade corporate …

U.S. stocks are firmly higher early Friday, rising after a strikingly better-than-expected monthly jobs report. Against this backdrop, the Nasdaq Composite is rattling the cage on uncharted territory, vying to surpass its record close (9,817) and absolute record peak (9,838). Meanwhile, the Dow industrials have knifed firmly atop the 200-day moving average early Friday, clearing …

This Bull Market Isn’t as Big as You Think  The Wall Street Journal Wall Street’s rally accelerates after stunning jobs report  USA TODAY The Stock Rebound Really Gets Going After Wall Street Logs Off  Bloomberg S&P’s 4-Day Rally Ends  Newser Wall Street jumps on surprise improvement in labor market  Investing.com View Full Coverage on Google News Source link

European stocks on Tuesday extended recent gains as economies reopen, with German stocks booming after a three-day break. The German DAX DAX, +3.47% rallied 3.7% following the Ascension Day holiday, with big gains for automobile maker Daimler DAI, +6.32% and airline Deutsche Lufthansa LHA, +4.25%. Other markets rose as well, with the U.K. FTSE 100 …

Oil futures rose Friday, with the U.S. benchmark on track for a weekly gain as investors turn their attention toward production cuts by major oil producers and demand shows early signs of recovery with business lockdowns globally beginning to be lifted. “The market focus is increasingly shifting to supply as many OPEC+ members meet or …

European stocks advanced on Tuesday, putting markets on track to end a three-session losing run. Up 17% from the lows of March, the Stoxx Europe 600 SXXP, +1.83% rose 1.8%. The gains tracked a reversal on Wall Street on Monday, when early-session losses evaporated and investors bid technology stocks higher. Stocks mostly shrugged off a …

Text size After rallying 12.9% and 11.1% in April, the S&P 500 and Dow Jones Industrial Average, respectively, each finished their best month in 33 years. But the momentum faded the first day in May, as all three major indexes tumbled into the red. The Dow declined 622.03 points, or 2.55%, to finish at 23723.69. …

Saudi Arabia’s oil-price war with Russia flooded the market with crude. Now, with demand having dried up and buyers hard to find, the kingdom is resorting to storing much of it at sea. At least one in 10 supertankers around the world is serving as a floating oil storage facility, Saudi oil officials say. With …