S&P 500, Nasdaq hit record highs as investors shrug off Iran war fears
With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
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With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
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.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
Wall Street analysts expect another strong year in stocks in 2026, propelled by continued AI sector gains and additional Fed interest-rate cuts.
The S&P 500 closed near its Oct. 28 record, buoyed by optimism that the Federal Reserve could cut interest rates next month.
Stocks claw back earlier losses, propelled by Nvidia gains. "There's a lot of emotion involved with AI," one analyst said.
Stocks look set to extend their slide Friday amid investor jitters about the tech sector and the path of monetary policy.
Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
Investors still expect a September interest-rate cut despite President Trump move to oust Fed official Lisa Cook.
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
The S&P 500 and Nasdaq notched new all-time highs, buoyed by easing trade tensions and hopes for lower interest rates.
Wall Street experts break down what's behind the market rebound as S&P 500 and Nasdaq approach record highs.
Stock market futures climbed and oil prices fell Tuesday, a sign Wall Street expects geopolitical risks to recede.
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike targeting Iran's nuclear facilities.
The markets closed lower Friday after President Trump threatened to impose a 25% tariff on Apple and 50% tariff on the European Union.
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
Stock futures slide as investors absorb news of Moody's U.S. credit downgrade.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Trading was mixed Friday as concerns about the U.S. economy offset signs that the Trump administration will de-esclate its trade war.
Investors hope the U.S.-U.K. trade agreement is a preiude to more deals, although Wall Street analysts say to expect more volatility.
After sliding in early trade, stocks rebounded as investors shrug off data pointing to economic slowdown.
Futures were up overnight, but lost steam early Friday as equities came under renewed selling pressure.
CBS News has obtained a voice memo recorded by Iranian American journalist Reza Valizadeh, who has been detained in Evin Prison for over a year.
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
It remains unclear how close the U.S. and Iran are to striking a deal to end the Iran war amid continued hostilities between Israel and Iran-backed Hezbollah.
Senate Republicans passed funding for the Department of Homeland Security's immigration enforcement agencies following a "vote-a-rama." The measure didn't ban the administration's "anti-weaponization" fund.
In a CBS News interview, White House border czar Tom Homan defended conditions at the Delaney Hall ICE detention center, amid intense protests over the New Jersey facility. "
Out of an abundance of caution, NASA directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft while others repaired a leak.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
There's been no word yet on if the Kennedy Center plans to remain open after July 5. It was to be closed for two years for extensive repairs beginning this summer.
The eight-foot dinghy that Brian Hooker says he and his wife, Lynette Hooker, were aboard when she disappeared in early April was seized by U.S. Coast Guard investigators.
The additional payouts come from uncashed settlement funds and will be issued to eligible claimants beginning on June 9.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Out of an abundance of caution, NASA directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft while others repaired a leak.
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
The Belmont Stakes will host a New York rematch of the top two finishing horses from the Kentucky Derby to wrap up horse racing's Triple Crown for 2026.
The additional payouts come from uncashed settlement funds and will be issued to eligible claimants beginning on June 9.
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
The new paid tier adds features like longer stories and deeper metrics as Meta looks to diversify revenue beyond advertising.
A stock market boom is elevating more Americans into the ranks of the nation's millionaires, a new study finds.
Despite flare-ups in Middle East violence, investors remain optimistic that the U.S. and Iran will soon end the war.
In a CBS News interview, White House border czar Tom Homan defended conditions at the Delaney Hall ICE detention center, amid intense protests over the New Jersey facility. "
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
CBS News obtained a brief voice memo from Iranian American journalist Reza Valizadeh, who is being detained in Iran's Evin Prison and is pleading for help for him and other American captives.
CBS News has obtained a voice memo recorded by Iranian American journalist Reza Valizadeh, who has been detained in Evin Prison for over a year.
Several Republicans signed onto a Democratic-led discharge petition, circumventing GOP leaders on the issue.
Travel bans and conflict have disrupted supply chains in the Democratic Republic of Congo, leaving health workers without Ebola tests and protective gear needed to contain the outbreak.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
Come January, pregnancy care physician billing codes will change from a bundled system to an à la carte one.
A possible case of the flesh-eating New World screwworm is being investigated in Texas, the USDA reported Wednesday.
While 330 Ebola infections are confirmed in central Africa and huge challenges remain, hundreds more suspected cases "have been cleared out," the WHO says.
A Netherlands court said the three men warranted a custodial sentence "because of the nature and gravity" of their crime.
It remains unclear how close the U.S. and Iran are to striking a deal to end the Iran war amid continued hostilities between Israel and Iran-backed Hezbollah.
Travel bans and conflict have disrupted supply chains in the Democratic Republic of Congo, leaving health workers without Ebola tests and protective gear needed to contain the outbreak.
CBS News obtained a brief voice memo from Iranian American journalist Reza Valizadeh, who is being detained in Iran's Evin Prison and is pleading for help for him and other American captives.
CBS News has obtained a voice memo recorded by Iranian American journalist Reza Valizadeh, who has been detained in Evin Prison for over a year.
Laverne Cox made history as the first openly transgender actress nominated for a primetime Emmy for her role in "Orange is the New Black" - but before her award-winning career she almost quit Hollywood. She speaks to "CBS Mornings" about confronting her childhood trauma, her healing journey and more.
Actor James Handy, famous for his roles in "Top Gun: Maverick" and "Jumanji," was stabbed to death at a home in the Tarzana neighborhood of Los Angeles on Wednesday, officials say. His girlfriend's son, Michael Gledhill, was arrested on suspicion of murder. CBS News' Adam Yamaguchi reports.
Actor James Handy has died at the age of 81 after police say he was found with stab wounds. The son of Handy's girlfriend has been charged in the killing. Adam Yamaguchi reports.
Iranian-French cartoonist Marjane Satrapi, who won acclaim for her graphic novel "Persepolis" about growing up in Tehran during the Islamic Revolution, died on June 4, 2026 at age 56. In this April 20, 2008 "Sunday Morning" interview, Satrapi talked with correspondent Serena Altschul about telling her family's story, and about adapting her black-and-white book into an Oscar-nominated animated film voiced by Catherine Deneuve and Chiara Mastroianni.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Experts are warning about computer "worms" created with AI that can infect devices and harm users without restraint. University of Toronto professor Nicolas Papernot joins with more.
SpaceX is going public this month, and it could be the largest-ever stock market debut. As it plans this move, SpaceX has amended the language in its IPO filing to address the company's growing need for water, particularly to expand its data centers. CBS News' Kelly O'Grady reports, and University of California, Riverside, associate professor Shaolei Ren joins to discuss.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The new paid tier adds features like longer stories and deeper metrics as Meta looks to diversify revenue beyond advertising.
CBS News spoke with five people who say they were led to believe they had developed an emotional connection to an AI chatbot. They are now involved in a digital support group for people who say they experienced AI-fueled delusions or spirals. ChatGPT user Micky Small joins "The Daily Report" to share her experience.
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
A Netherlands court said the three men warranted a custodial sentence "because of the nature and gravity" of their crime.
Actor James Handy, famous for his roles in "Top Gun: Maverick" and "Jumanji," was stabbed to death at a home in the Tarzana neighborhood of Los Angeles on Wednesday, officials say. His girlfriend's son, Michael Gledhill, was arrested on suspicion of murder. CBS News' Adam Yamaguchi reports.
Federal law enforcement officials on Thursday announced that two Ohio state employees and two co-conspirators were indicted in connection with an alleged $30 million Medicaid billing fraud scheme involving children's behavioral health services that were never rendered. As part of the investigation, 14 vehicles were seized, including a Maserati, a Mercedes, a Bentley and a McLaren, according to a source. CBS News senior Justice Department Sarah Lynch has more.
Michael Gledhill, 44, was arrested on suspicion of murder after he turned himself in following the fatal stabbing of Handy, the LAPD said.
One person was killed, and three others were injured during a high school graduation in Northern California, officials say. CBS News' Jarred Hill reports.
Out of an abundance of caution, NASA directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft while others repaired a leak.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Weston Higginbotham's parents are speaking out after their son went missing during a family trip in Japan. CBS News' Anna Coren reports.
Ukrainian President Volodymyr Zelenskyy is proposing direct talks with Russian President Vladimir Putin to end the war. CBS News' Ramy Inocencio reports.
The U.S.-Israeli war against Iran is impacting Gulf States and their economies. Semafor's Mohammed Sergie joins CBS News with more insight.
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Laverne Cox made history as the first openly transgender actress nominated for a primetime Emmy for her role in "Orange is the New Black" - but before her award-winning career she almost quit Hollywood. She speaks to "CBS Mornings" about confronting her childhood trauma, her healing journey and more.