Stocks climb higher as markets bounce back from January's slide
Investors were cheered by Alphabet's strong earnings and its plan to split its stock for the first time since 2014.
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Investors were cheered by Alphabet's strong earnings and its plan to split its stock for the first time since 2014.
It was another up-and-down day for the Dow Jones Industrial Average, ending up as the third straight day of gains after a mostly rough January. Mike Lewis, the head of U.S. equity cash trading at Barclays, joins CBS News with his insights.
Stocks closed up for the last day of January but were down for the month. Sébastien Page, chief investment officer and head of Global Multi-Asset at T. Rowe Price, joined CBS News to discuss the markets.
An economic analysis report shows a key inflation measure rose 5.8% last year, the highest it's been since 1982. Despite a big leap in the stock market numbers late Friday, major indexes are still down this year. Terry Haines, founder of Pangaea Policy, joins CBS News after the New York Stock Exchange's closing bell to break down how inflation is effecting the economy and what can be done to correct it.
Although the so-called "meme stock" craze has cooled down since skyrocketing last year, shares of companies like GameStop and AMC haven't plunged the way some investors predicted. Some larger institutional investors are rethinking social media's financial impact. Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, joins "CBS News Mornings" to discuss.
The stock market rebounded just before closing Monday after the major indexes dropped in early trading, dipping into "correction" territory. Stephen Gandel, news editor for The New York Times' DealBook, joins "CBS News Mornings" to discuss the latest.
The Federal Reserve signaled it's getting ready to raise interest rates as soon as March but will keep rates near zero for now. Jared Woodard, the head of the research investment committee of Bank of America Global Research, joined CBS News at the closing bell to discuss the announcement.
Economists expect the Federal Reserve to start lifting rates as soon as its next meeting in March.
Wall Street analysts expect the central bank this week to signal that it will raise interest rates starting in March.
The markets ended the first day of trading this week up slightly after a wild day of trading. Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Company, joins CBS News at the closing bell to break down what's driving the market.
Markets tumbled in early trade amid mounting concerns about rising U.S. inflation and conflict between Russia and Ukraine.
The Department of Justice is suing Texas over GOP-approved redistricting maps that the department says discriminate against Black and Latino voters. Plus, the stock market bounces back as health experts find that the Omicron variant of COVID-19 may not be as deadly. CBS News chief Washington correspondent Major Garrett and Politico national correspondent Meridith McGraw join CBSN's "Red & Blue" anchor Elaine Quijano with the latest.
President Biden chose to highlight the lower unemployment rate on Friday which dropped from 4.6 to 4.2 percent for November – glossing over the weak jobs numbers, which were much lower than expected. The stock market did not react kindly to the news, ending on a down note following a tumultuous week. Christina Ruffini has the details from the White House.
Despite some concerns about the Omicron variants impact on an already fragile stock market, President Biden said he's not at all worried about the possible fall. Weijia Jiang reports.
Investors weighing potential impact of the new COVID-19 variant and the Fed chief's change of tune about rising prices.
Harvey Weinstein to spend first night behind bars after conviction; Pioneering NASA mathematician Katherine Johnson dies at 101.
U.S. stock market drops amid coronavirus fears; Group wants to preserve African American "spirituals"
U.S. stock markets made up half their losses from Friday, the worst trading day in nine months.
Concerns about the new variant are spurring a stock sell-off, as some European countries impose flight restrictions.
With rising inflation, many Americans feel bleak about the economy. Here's why Wall Street is shrugging off concerns.
Former President Trump secured nearly $300 million in funding for his new social media venture by agreeing to merge with a special purpose acquisition company. But the deal may have skirted securities laws and stock exchange rules, according to a New York Times report. Lauren Hirsch, a business reporter who co-authored the article, joins CBSN's Lana Zak to discuss.
The shell company that plans to merge with former President Trump's new media platform is losing steam after a trading frenzy in the stock market last week. CBS MoneyWatch reporter Aimee Picchi joins CBSN's Tanya Rivero for more on the story.
President Trump on Twitter mocked former Vice President Joe Biden for wearing a face mask and amplified an unfounded conspiracy theory involving Joe Scarborough. Ben Tracey reports.
The Dow, S&P 500 and Nasdaq all took major hits as a global glut in oil supply and low demand for fuel sent stock prices plummeting. Janet Shamlian reports.
Congressional leaders are close to reaching a $2 trillion rescue package as the stock market made a huge gain on Tuesday. Nancy Cordes has the latest from Capitol Hill.