• Stock Markets Mostly Recover After Plunging Amid Escalation Of U.S.-China Tensions

    5 monthes ago - By NPR

    Stock prices fell sharply on Thursday as hopes for a lasting trade truce between the U.S. and China faded.
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  • US household wealth jumps $2T, led by rising stock market

    5 monthes ago - By Chron

    WASHINGTON - A stock market rally, which has since reversed, propelled U.S. household net worth to a record high of $109 trillion in the July-September quarter.
    The Federal Reserve said Thursday that the value of Americans' stock and mutual fund holdings soared $1.2 trillion. Home values rose $200 billion. Other assets, such as bank accounts, also increased. Total net worth climbed $2 trillion from nearly $107 trillion in the April-June quarter.
    Greater household wealth can help the economy by lifting consumer spending. Yet wealth has been increasingly concentrated since the Great...
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  • How major US stock indexes fared Thursday

    5 monthes ago - By Chron

    Major U.S. stock indexes finished mostly lower Thursday after a late wave of buying erased most of the losses from a steep early market slide.
    The early plunged was triggered by the arrest of a senior Chinese technology executive. Investors were encouraged by an afternoon report that the Federal Reserve may move slower in raising rates. Bond yields remained lower as investors moved money into lower-risk investments.
    On Thursday:
    The S&P 500 index fell 4.11 points, or 0.2 percent, to 2,695.95.
    The Dow Jones Industrial Average dropped 79.40 points, or 0.3 percent, to 24,947.67.
    The Nasdaq...
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  • US stocks claw back from an early plunge on Fed report

    5 monthes ago - By Review Journal

    U.S. stocks clawed most of their way back from a deep slide Thursday that at one point had wiped out the market's gains for the year.
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