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.
Iran and the U.S. announce new attacks and match each other's threats as the war ramps up over control of the Strait of Hormuz.
Part of President Trump's speech Thursday night is expected to touch on previously unreported alleged Chinese meddling in U.S. elections, according to sources familiar with the matter.
Heavy smoke from several large wildfires blazing in Canada and Minnesota is engulfing large swaths of the Midwest and Northeast U.S. this week.
Ukrainians are demonstrating in Kyiv and senior figures announcing their resignations over President Volodymyr Zelenksyy's move to oust his popular defense chief.
Immigration officers could weigh use of Medicaid, food aid and housing help in green card decisions after Trump administration rescinds Biden-era public charge rule.
Judges on the U.S. District Court for the Western District of Washington had appointed Roger Rogoff as U.S. attorney in Seattle. But he was fired shortly after.
The Blue Angels said an aircraft "flew lower than standard profiles, resulting in a disturbance on the beach that affected civilian chairs and umbrellas."
Ronaldo Salgado said he learned his father, 52-year-old Mexican immigrant Lorenzo Salgado Araujo, had been shot by an ICE officer in Houston last week through a video posted online that depicted him "screaming" for help.
GPS data from the Mississippi Department of Marine Resources, obtained by CBS News, tracks the movements of the boat that carried Nolan Wells to Horn Island on July 4.
The state with the biggest jump in foreclosure activity was Idaho, where filings increased 59% compared to the same time last year.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Judges on the U.S. District Court for the Western District of Washington had appointed Roger Rogoff as U.S. attorney in Seattle. But he was fired shortly after.
The Blue Angels said an aircraft "flew lower than standard profiles, resulting in a disturbance on the beach that affected civilian chairs and umbrellas."
Immigration officers could weigh use of Medicaid, food aid and housing help in green card decisions after Trump administration rescinds Biden-era public charge rule.
The state with the biggest jump in foreclosure activity was Idaho, where filings increased 59% compared to the same time last year.
The United States is imposing 25% tariffs on imports from Brazil after finding a range of what it deemed unfair trade practices by the world's 10th-biggest economy.
U.S. airlines say higher jet fuel prices are costing them billions more than they anticipated at the beginning of the year.
New law aims to address how businesses and consumers should transact amid the phase-out of the penny.
Erroneous labels on some Subaru Crosstrek, Forester and Ascent cars could increase the risk of a crash, NHTSA said.
Judges on the U.S. District Court for the Western District of Washington had appointed Roger Rogoff as U.S. attorney in Seattle. But he was fired shortly after.
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
Immigration officers could weigh use of Medicaid, food aid and housing help in green card decisions after Trump administration rescinds Biden-era public charge rule.
Ronaldo Salgado said he learned his father, 52-year-old Mexican immigrant Lorenzo Salgado Araujo, had been shot by an ICE officer in Houston last week through a video posted online that depicted him "screaming" for help.
A U.S.-Iranian woman who was trapped in Iran on allegations of espionage and collaborating with a hostile state that her attorney called "bogus" has departed the country, CBS News learned Wednesday.
"Healthful with Norah O'Donnell" launches July 22.
A blood test may predict if apparently healthy older adults are likely to develop Alzheimer's symptoms in the next five or 10 years, researchers say.
As of Tuesday, nearly 7,000 people in 34 states reported symptoms tied to a parasitic illness that, so far, has no official source. Carter Evans reports on what's suspected of being behind the cyclosporiasis outbreak.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
Capt. Chesley "Sully" Sullenberger, who famously landed a passenger jet on the Hudson River in 2009, said he has been diagnosed with Alzheimer's disease.
Maria de Jesus Quijada was shot at while traveling in a vehicle with her family. Her husband did not survive.
Spain is looking to secure a World Cup victory for the first time in 16 years, and Argentina enters Sunday hoping to become back-to-back champions.
Ukrainians are demonstrating in Kyiv and senior figures announcing their resignations over President Volodymyr Zelenksyy's move to oust his popular defense chief.
The United States is imposing 25% tariffs on imports from Brazil after finding a range of what it deemed unfair trade practices by the world's 10th-biggest economy.
A U.S.-Iranian woman who was trapped in Iran on allegations of espionage and collaborating with a hostile state that her attorney called "bogus" has departed the country, CBS News learned Wednesday.
Pulitzer Prize-winning cartoonist Pat Oliphant, whose acidic drawings skewering political figures were syndicated in as many as 500 publications around the world, died on July 13, 2026 at age 90. In this April 16, 2000 "Sunday Morning" story, Oliphant talked with Morley Safer about caricature, censorship, and the influence of the first great political cartoonist, 19th century French master Honoré Daumier, whose grotesque drawings of King Louis Philippe led to a curtailment of press freedom in France in 1835.
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
Author and journalist Stephen Dubner, who rose to fame when he co-wrote The New York Times bestseller "Freakonomics," talks with "CBS Mornings" about launching his own weekly talk show on YouTube, "Better in Person." Dubner discusses how the show got its start, his wide range of guests and why he decided to self-finance it.
The Paramount+ documentary "The Real Wolf of Wall Street" gives an inside look at Jordan Belfort's scandal-ridden firm, Stratton Oakmont.
Meta announced it is introducing new features to help protect teens using Instagram, Facebook and WhatsApp, including alerting a parent if their child discusses self-harm with one of its AI chatbots. Kelly O'Grady explains.
Tech giant Samsung is set to debut a new line of foldable phones at its Galaxy Unpacked event next week. CNET senior technology reporter Abrar Al-Heeti joins CBS News 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.
New York has become the first state in the U.S. to impose a moratorium on the construction of massive AI data centers. The pause takes effect immediately and halts the construction of new data centers for up to a year. Paris Marx, a technology podcast host, joins CBS News to discuss.
There's growing backlash nationwide against AI data centers and now New York is hitting pause. Gov. Kathy Hochul signed an executive order to delay the building boom. Kelly O'Grady has more.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
The Defense Department released a fourth batch of UFO files on Friday, nearly one month after its third drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Archaeologists have discovered eight human skeletons, bronze and gold jewelry and other artifacts indicating a ceremonial burial of wealthy people.
Maria de Jesus Quijada was shot at while traveling in a vehicle with her family. Her husband did not survive.
Liam LaFountain, mayor of Biddeford, Maine, joins "The Daily Report" to discuss his town's response to Monday's incident where an ICE officer shot and killed a man.
The parents of Nolan Wells and their legal team received assurances from the Mississippi district attorney on Wednesday that the investigation into the teenager's death would be thorough. Skyler Henry has more details on the case.
CBS News has obtained GPS data showing the movements of the boat that carried Nolan Wells before he disappeared on the Fourth of July. Wells was found dead on July 6. CBS News' Anna Schecter has more.
President Trump's nominee for director of national intelligence, Jay Clayton, testified before a Senate panel as part of his confirmation process. Taurean Small shares key takeaways from the hearing.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Pulitzer Prize-winning cartoonist Pat Oliphant, whose acidic drawings skewering political figures were syndicated in as many as 500 publications around the world, died on July 13, 2026 at age 90. In this April 16, 2000 "Sunday Morning" story, Oliphant talked with Morley Safer about caricature, censorship, and the influence of the first great political cartoonist, 19th century French master Honoré Daumier, whose grotesque drawings of King Louis Philippe led to a curtailment of press freedom in France in 1835.
The Pentagon is drawing up plans for possible military action in Cuba, U.S. officials say. Charlie D'Agata reports.
Torrential rain slammed central Texas for the third day in a row, triggering dangerous flash floods in parts of the region. The same storm system also spun up a tornado near San Antonio. Jason Allen has the latest.
The U.S. unleashed another night of strikes targeting multiple locations aimed at degrading Iran's ability to threaten commercial shipping in the Strait of Hormuz. CBS News' Courtney Kealy reports.
Argentina will face Spain in the World Cup final after scoring twice in the last seven minutes against England to mount a stunning comeback. Nicole Valdes reports.