Lower gas costs slowed U.S. inflation for a second straight month in August, but most other prices across the economy kept rising -- evidence that inflation remains a heavy burden for American households.
Investors turned their focus to another wild surge in GameStop and a handful of other stocks favored by online investors.
The company's hugely loyal customer base trusts its products so much that they continued to buy iPhones and other devices online while stuck at home. Apple recently reported blowout earnings for the April-June quarter,
The Dow Jones Industrial Average fell 148 points, or 0.58 percent, while the S&P 500 slipped 0.21 percent.
U.S. equity markets were mixed Wednesday as U.S. states continued with their plans to reopen America.
U.S. equity markets surged to their best levels in months as states continued to reopen and as traders returned to the New York Stock Exchange for the first time since shutting down on March 23 to slow the spread of COVID-19.
U.S. equity markets maintained gains Wednesday even though the Federal Reserve, in the April minutes, warned the coronavirus may carry 'considerable risk' for the U.S. economy.
U.S. equity markets closed lower across the board giving up earlier gains as investors took profits and reassessed the progress of a potential coronavirus treatment.
U.S. equity markets soared Monday after drugmaker Moderna announced progress toward a COVID-19 vaccine and as lockdowns continued to ease nationwide.
U.S. stock markets tumbled Wednesday after Federal Reserve Chairman Jerome Powell said the central bank will take further steps to combat the worst downturn since World War II.
U.S. equity markets gained Monday despite concerns U.S. states are reopening too quickly after an uptick in COVID-19 cases in Asia.
The Dow Jones Industrial Average gained over 455 points, or 1.91 percent, while the S&P 500 and the Nasdaq Composite rose 1.69 percent and 1.58 percent, respectively.
U.S. equity futures are pointing to a higher open, the day after the Dow Industrials snapped a two-session winning streak.
U.S. equity markets surged Tuesday as plans to reopen parts of the country gained momentum.
U.S. equity markets fell Monday amid rising tensions between the U.S. and China and as Warren Buffett said Berkshire Hathaway unloaded its entire stake in airlines.
Equity investors kicked into sell mode on the first trading day of the month as Big Tech and Big Oil warned that COVID-19 is hurting business during their quarterly earnings updates.
The S&P and the Dow Jones Industrial Average wrapped the best month since 1987 despite sliding on Thursday as total job losses related to the coronavirus shutdown topped 30 million.
The Dow Jones Industrial Average rose as many as 378 points, or 1.57 percent, while the S&P 500 and the Nasdaq Composite gained as much as 1.48 percent and 1.15 percent, respectively.
Investors usher in the week on an optimistic note.
U.S. equity markets slid Monday as oil crashed below zero and headed toward its lowest close since recordkeeping began in March 1983.