Tech stocks tumble for a second day. Here's what's behind the selloff.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
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Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.
Investors still expect a September interest-rate cut despite President Trump move to oust Fed official Lisa Cook.
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.
Stocks jump after Federal Reserve officials signal they're ready to push down borrowing costs as inflation continues to cool.
The Dow dropped 799 points, or 3.1%, on Tuesday. At one point, the index was down 818 points. The S&P 500 declined 3.2%, while the Nasdaq tumbled 3.8%.
U.S. stocks plunged on Monday, marking a second day of trading that generated steep declines.
And just like that, Wall Street is celebrating another milestone: Dow 24,000.
After sinking more than 500 points at one point on Wednesday, stocks did manage to recover by closing.
The U.S. economy continued to trudge through a difficult fiscal quarter as the economy created 163,000 private-sector jobs in July. The number was the best since February, but the economy's job creation pace is essentially flat since 2011.
Facebook updated its status to "public company" on Friday.
