U.S. stocks rally to close higher after sharp selloff
"A sustained rally is likely to require clear evidence that inflation is on a downward trend," a UBS analyst said.
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"A sustained rally is likely to require clear evidence that inflation is on a downward trend," a UBS analyst said.
The S&P 500 tumbled even more Thursday, putting it firmly into a bear market. That's not an official term, but more of an arbitrary marker as investors worry about the future.
Does the huge drop in the Dow Jones and other indices mark the end of a historic run that dates back to the pandemic's early days?
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
A mass of amateur internet investors is buying GameStop stock, causing its stock price to soar. It's led to big gains for them -- and bigger losses for the hedge funds.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
COVID-19 and its economic uncertainties are jolting investor confidence. That is causing volatility in stock equities, a falling dollar and adding fears of inflation.
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
The stock market fell sharply Wednesday, with the DOW, Nasdaq and the S & P 500 all down. The bond market prompted the plummet.
The Dow dropped more than 600 points, which is more than 2 percent. This caps off a tumultuous three weeks of twists and turns. But the recent volatility doesn't mean long-term investors should worry, experts say.
Stocks are slumping for a second straight day as the market endures its most volatile stretch since February. The Dow Jones industrials fell 545 points, or 2.1 percent, to 25,052.83 and the benchmark S&P 500 dropped 57 points, or 2.1 percent, to 2,728.37. Both indexes have fallen more than 5 percent the past two days.
Technology and internet stocks have led the way for much of Wall Street's bull market run, propelling the stocks of big names like Apple, Amazon and Google's parent company sharply higher along the way.
The Dow plunged nearly 832 points on Wednesday, the third-worst point decline in history.
The company's stock plunged Friday morning after it reported a decline in its monthly users and warned that the number could fall further in the coming months.
Since March of 2009, the stock market has been on a roll. The S&P 500 is up about 250 percent. So, how long do bull markets last?
At one point, the Dow plunged more than 500 points Wednesday before bouncing back to close off by nearly 250. Plummeting oil prices and China's economic slowdown are dragging the markets down.
The Dow Jones industrial average rocketed more than 600 points Wednesday, its biggest gain in seven years, snapping a six-day losing streak that had Americans nervously checking their investment balances.
After another day of huge sell-offs on Wall Street, the Dow Jones is down 13 percent and the S&P 500 is down 11 percent from their highs back in May. That means it's an official market correction.
U.S. stocks slumped again Monday, with the Dow Jones industrial average plunging more than 1,000 points at one point in a sell-off that sent a shiver of fear from Wall Street to Main Street.
Tuesday is going to feel to just a tiny bit longer. Just before midnight Coordinated Universal Time – or 7pm Central time – exactly one second will be added to our clocks. So, why do we add time? Good Question.
Take a close look at your homeowner and auto insurance policies -- the cost may be going up. Minnesota lawmakers are considering a bill to add a $5 surcharge on every policy in the state.
Best Buy shares fell on Friday after the struggling electronics retailer said it extended the window for co-founder Richard Schulze to make a buyout bid until after the holiday season.
Natasha Howard had 18 points to lead seven players in double-figure scoring for the Minnesota Lynx in a 107-74 victory over Portland.
Target is tapping designer and TV personality Isaac Mizrahi for a newly created role as creative director at large as the discounter aims to reclaim its reputation for stylish clothing on a budget.
A Minnesota family is preparing to travel to Washington, D.C., this week to honor a Vietnam War veteran whose family says his service continued to affect him long after he came home.
It's a gruesome problem impacting livestock in southern states and veterinarians worry it could come to Minnesota.
A super El Niño could be in the forecast for the upcoming months. So what does that mean for Minnesota weather?
Police in north Minneapolis say they're looking for an individual who shot at officers on Monday afternoon.
The investigation into the incident continues.
The project will elevate the highway, converting existing intersections at 99th Avenue, 109th Avenue and 117th Avenue into interchanges.
All three victims are expected to survive, police said.
At Francis Burger Joint in northeast Minneapolis, people gathered to watch a livestream of a No Kings event in New York City, while also honoring former House Speaker Melissa Hortman and her husband, Mark Hortman.
Prosecutors allege a 35-year-old man intentionally set fire to his former girlfriend's Cambridge, Minnesota, home while her husband, a Marine veteran, and his service dog were inside.
Tyler Walter Edwards pleaded guilty in April to second-degree unintentional murder for the July 25, 2024, death of Maxton Keith Gudowski.
Carla Anderson was last seen at her Greenwood Apartments residence in Wadena on the evening of Nov. 13, 1987, after spending time with her family.
Authorities in central Minnesota say alcohol and speed may have contributed to a crash that seriously injured two people Saturday night.
The driver of an SUV was killed in a head-on collision with a semi truck in central Minnesota Friday afternoon, authorities said.
A man serving a life sentence in a Wisconsin prison for killing six hunters during a confrontation over trespassing in 2004 has died, officials said.
Two women were involved in a deadly head-on crash Tuesday night in Chisago City, Minnesota.
Attorneys for Salah Sarsour, president of Wisconsin's largest mosque, told a federal judge he has lost 30 pounds and is not receiving consistent medical care for Type 2 diabetes while held in an Indiana jail.
President Trump was in western Wisconsin Friday afternoon to host a roundtable on farming at Custer Farms in Chippewa Falls.
A federal judge heard arguments Wednesday on whether to throw out former Wisconsin Judge Hannah Dugan's felony obstruction conviction, postponing her sentencing indefinitely while he considers the matter.
On the Lake Harriet shoreline in Minneapolis Saturday evening, dozens of children picked up a fishing rod for the first time.
Hours after the announcement, community members were eager to learn more about the one challenged with leading the most scrutinized police department in the country.
Created by Freedom Reads, a nonprofit organization in Connecticut, the Inside Literary Prize is the first major U.S. book award decided exclusively by incarcerated readers.
A 23-year-old man from Brooklyn Park, Minnesota, faces a criminal vehicular homicide charge after prosecutors say he hit and killed a person on a highway, then fled.
Quincy Street isn't just at the center of Art-A-Whirl, it's at the heart of the Arts District in northeast Minneapolis. The road itself, however, is falling apart. And the only thing bumpier than the exposed brick is the reaction to the city's plans to fix it.
One year ago, a deadly attack on Minnesota lawmakers shattered a sense of safety and changed two families forever.
President Trump and Iran say they have a framework to end the war.
At Francis Burger Joint in northeast Minneapolis, people gathered to watch a livestream of a No Kings event in New York City, while also honoring former House Speaker Melissa Hortman and her husband, Mark Hortman.
The attacks on Minnesota lawmakers a year ago dramatically changed the tone of a planned No Kings rally. Attendees are reflecting and moving forward.
Lawmakers across the political spectrum say what best defines Melissa Hortman's legacy in St. Paul is that she consistently put people above politics.
Target is tapping designer and TV personality Isaac Mizrahi for a newly created role as creative director at large as the discounter aims to reclaim its reputation for stylish clothing on a budget.
Target is voluntarily recalling two types of baby wipes due to concerns that the products may be contaminated with bacteria that may cause "serious and life-threatening infections," the U.S. Food and Drug Administration said on Friday.
The dream of a woman in Minnesota started with excitement, but quickly unraveled into loss after she said she fell victim to a scheme that targeted more than 30 Spanish speakers.
For years, it was all hands on deck; a business model buoyed by a bevy of free time that sent sales surging in a way never before seen. But as Minnesota enters lake season, outdoor sales for boats, jet skis and more have almost dropped anchor.
Jester Concepts' Monday announcement noted that Borough will mark its remaining five weeks of service through June 27 with events celebrating the restaurant's history, and it encouraged customers to reserve tables during the final weeks.
Prosecutors allege a 35-year-old man intentionally set fire to his former girlfriend's Cambridge, Minnesota, home while her husband, a Marine veteran, and his service dog were inside.
Tyler Walter Edwards pleaded guilty in April to second-degree unintentional murder for the July 25, 2024, death of Maxton Keith Gudowski.
Carla Anderson was last seen at her Greenwood Apartments residence in Wadena on the evening of Nov. 13, 1987, after spending time with her family.
The investigation into the incident continues.
All three victims are expected to survive, police said.
It's a gruesome problem impacting livestock in southern states and veterinarians worry it could come to Minnesota.
Minnesotans weathered the third air quality alert triggered by ozone of the year Monday. If two more happen, it will tie the yearly record.
HCMC in Minneapolis got what they wanted, a large financial boost from lawmakers, and now the leaders of Minnesota's busiest trauma hospital say they'll put their money where their mouths are and get to work restructuring finances.
The studio also incorporates balance and cognitive training to help clients maintain stability and coordination as they age.
Minnesota officials say they have completed a review of almost 5,600 "high-risk Medicaid providers," part of an effort to stave off the federal government's freezing of $2 billion in funding.
Rio de Janeiro's Military Fire Department said one of the helicopters crashed in the parking lot of a car dealership, where several electric vehicles were parked, igniting a fire.
There's plenty to do in Minnesota this weekend, including some major anniversary parties, Maple Grove's ever-popular Chalkfest and much more!
Anthony Head played librarian and mentor Rupert Giles in "Buffy the Vampire Slayer" and recently appeared in "Ted Lasso."
Everywhere you look in downtown Minneapolis, people are sporting purple in honor of Prince.
Chicago Bears quarterback Caleb Williams is on the cover of Madden NFL 27, the first Bear ever to grace the primary cover of the massively popular video game.
Natasha Howard had 18 points to lead seven players in double-figure scoring for the Minnesota Lynx in a 107-74 victory over Portland.
The Golden Knights had taken a two-games-to-one lead in the Stanley Cup Finals, but Carolina came roaring back, winning three straight to take home their first championship since the 2005-2006 season.
Ryan Kreidler's RBI double off the center-field wall in the eighth inning scored Luke Keaschall and completed the Minnesota Twins' comeback in a 5-4 win against the St. Louis Cardinals.
A'ja Wilson had 24 points and 10 rebounds to offset a career-high 29 points from Minnesota rookie Olivia Miles and the Las Vegas Aces beat the Lynx 100-97 on Saturday night to take the West lead in the Commissioner's Cup.
The New York Knicks captured their first NBA championship since 1973 with a 94-90 win over the San Antonio Spurs in Game 5 of the NBA Finals on Saturday night.
After disputes about ballots and concerns about voting totals, businessman Kendall Qualls won the endorsement.
Minnesota's endorsing conventions are over, and the story of the weekend is the upset of House Speaker Lisa Demuth in the GOP governor's race.
Minnesota's election season officially kicks off this week as both major parties hold conventions to endorse candidates for governor and U.S. Senate, with competitive battles on the Republican side and clearer paths for Democrats.
Both parties begin the endorsement process today in Rochester and Duluth, with the August primary just two months away.
Friday, the Democratic and Republican parties begin the process of endorsing nominees for statewide offices.
School's out, summer's here, and if you're heading to the lake on Highway 10, you may just stumble upon hidden treasure.
Nearly 40 years ago, a building was sent over piece by piece from Norway to a farm in Chippewa County, Minnesota. It's one of the only stabburs in the United States.
Minneiska, Minnesota, is a small river town on Highway 61 near the Mississippi River, but at one point it was home to a castle.
The sign is 51 feet tall and 63 feet wide. And when it was built 85 years ago it was one of the largest neon signs in the entire country.
There's a place in Wabasha County, Minnesota, where people go wild for wildflowers.
Minnesotans weathered the third air quality alert triggered by ozone of the year Monday. If two more happen, it will tie the yearly record.
Milder winters mean more ticks survive to the following spring, and a southern species that can trigger a red meat allergy is now gaining ground in Minnesota as a result.
She didn't win her party's endorsement, but Republican Lisa Demuth plans to keep running for governor anyway. History shows that might actually work in her favor.
Cops are cracking down on a popular way to pedal around town.
If you're holding back on spending or worried about losing your job, you are not alone. U.S. consumer sentiment just hit an all-time low this month.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Minnesotans got a great view of the northern lights Tuesday night.
A look at the newest addition to the polar bear population at St. Paul, Minnesota's Como Zoo.
From food shelves to school programs, our team is proud to serve where it matters most.
The Minnesota State Fair has unveiled its new food, drinks and vendors for 2025.
A super El Niño could be in the forecast for the upcoming months. So what does that mean for Minnesota weather?
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
WCCO meteorologist Chris Shaffer says there's a chance for scattered showers in the Twin Cities overnight.
A super El Niño could be taking shape in the coming months. While you may be wondering what that means for this summer, it's the winter where we could see the biggest impact. NEXT Weather Meteorologist Lisa Meadows explains.
WCCO meteorologist Chris Shaffer says tomorrow will be dry with highs in the mid-70s.
A big birthday party is coming up this summer, one that every American can celebrate. It could help one industry explode with record sales. Jeff Wagner shares why this Fourth of July could really bring the boom.
Dozens of people in Elk River pushed back against a data center proposed for the city on Monday night. As Ubah Ali reports, neighbors say no amount of money is worth it.
Heavily armed officers went house-to-house searching for a suspect after police were shot at in north Minneapolis on Monday afternoon. No one was hurt. Ashley Grams reports on the ongoing search for the individual.
WCCO meteorologist Chris Shaffer says there's a chance for scattered showers in the Twin Cities overnight.
Families from across the country will gather to honor Vietnam veterans who survived the war, but later died as a result of their service. Jeff Wagner and photojournalist Nick Lunemann shows us, one Minnesota family's journey to remember their father.