Stock markets

Dow rises more than 150 points as Wall Street looks to close out winning week

The Dow Jones Industrial Average rose Friday as Wall Street pushed for solid gains during the holiday-shortened trading week. The Dow Jones Industrial Average rose 181 points, or 0.53%. The S&P 500 gained 0.06% and the Nasdaq Composite slipped 0.40%, weighed down by shares of Activision Blizzard, which fell more than 4% on news that …

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Warren Buffett explains his $750 million charitable donation on Thanksgiving eve

Warren Buffett Gerard Miller | CNBC Warren Buffett donated more than $750 million in Berkshire Hathaway stock to four foundations associated with his family on Thanksgiving eve, and the legendary investor said the timing was no coincidence as this is his way of giving thanks to his children for their charitable work. “I’ve got a …

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Citigroup, Manchester United, Nordstrom, Tesla and more

Check out the companies making headlines in midday trading Wednesday: Citigroup — The stock dropped 2.3% after Citigroup was told it must address weaknesses in its management of financial data by US banking regulators. Those regulatory groups said the issues could hinder its ability to produce correct reports during challenging times. related investing news Pro …

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The stock market is poised for a Santa Claus rally, but not until after the Fed meets

Stocks could chop around for several weeks before moving higher in a traditional year-end Santa Claus rally, said analysts who follow charts. Some strategists pinpointed a turning point for stocks after the middle of December — after the Federal Reserve holds its next meeting on Dec. 13 and 14. The central bank is widely expected …

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Stock futures are little changed as investors look ahead to Fed meeting minutes

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, December 9, 2021. Brendan McDermid | Reuters US stock futures were little changed on Tuesday night, as investors looked ahead to Federal Reserve meeting minutes for clues into the pace of future interest rate hikes. Dow Jones Industrial Average …

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China may have ‘passed the point of no return’ as Covid infections soar

Beijing’s business district lay nearly empty during rush hour on Nov. 22, 2022, after local authorities asked people to work from home, among many measures aimed at controlling the latest Covid outbreak. Kevin Frayer | Getty Images News | Getty Images BEIJING — Surging Covid infections across mainland China make it harder for the government …

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Charts suggest the S&P 500 will rally in December, Jim Cramer says

CNBC’s Jim Cramer said Monday that stocks in the benchmark S&P 500 will likely rally next month. “The charts, as interpreted by the legendary Larry Williams, suggest that the Santa Claus rally is coming to town next month and you’ve got to get ready for it, or else you may be left behind,” he said, …

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S&P 500 futures fall slightly ahead of more retail earnings before the Thanksgiving holiday

Traders on the floor of the NYSE, Oct. 21, 2022. Source: NYSE S&P 500 futures fell slightly Sunday evening ahead of another batch of retail earnings to kick off a shortened week for the Thanksgiving holiday. Futures tied to the broad market index were lower by 0.1%. Dow Jones Industrial Average futures were lower by …

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