Dow posts biggest gain of the year after Democrats sweep Congress
The Dow soared nearly 1,600 points, as Wall Street analysts predicted that political gridlock would limit Congress's ability to pass major tax and spending packages.
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The Dow soared nearly 1,600 points, as Wall Street analysts predicted that political gridlock would limit Congress's ability to pass major tax and spending packages.
Investors cheered the announcement of a two-week ceasefire, which President Trump said is contingent on the reopening of the Strait of Hormuz.
After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
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.
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
U.S. markets tumbled for a third consecutive trading day amid recession fears and tensions in the Middle East.
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.
