All three major indexes fell Wednesday as the Russia-Ukraine conflict continued to escalate. The US warned that an attack is imminent.
Dow futures are recovering somewhat from an earlier slide of almost 500 points, as global stocks pull back from a deeper sell-off.
Biden and Putin's summit on the Ukraine crisis is helping to keep the prospects of a hot military conflict off the radar for now, an analyst said.
If Meta's 20% drop in premarket trading carries on into regular market hours, it stands to lose about $200 billion in market value.
The Wharton finance professor said he hasn't sold any of his stocks, and will add to his portfolio if the market slides further.
As well as embarking on rate hikes, the Fed may reduce its balance sheet — the "most notable development" in its minutes, an analyst said.
Dozens of companies pledged to halt funding to the 147 GOP lawmakers who voted against certifying Biden's election win. Not all kept their promises.
The pledges, made to Popular Information, involve the so-called Sedition Caucus of 147 lawmakers who voted against certifying Biden's election win.
US stocks pared losses but the S&P 500 and Dow still closed in the red Thursday as traders weighed how the latest economic data will affect Fed policy.
US stocks were mixed after retail sales unexpectedly soared in August and data showed more Americans filed for unemployment than anticipated last week.
US stocks erased earlier gains Tuesday even after key inflation data revealed prices rose less than expected in August. The Dow fell nearly 300 points.
Nearly every S&P 500 sector closed lower on Thursday as investors remained cautious on the outlook for global growth in light of recent economic data.
Weekly jobless claims fell to 310,000 last week, setting a fresh pandemic-era low. Altcoin Solana continued its surge, hitting a record high of $216 overnight.
In focus is whether the worse-than-expected jobs report will affect the timing of the Federal Reserve's tapering of its bond-buying program.
US stocks were lower Friday after the jobs report badly missed economist expectations. The report prompted optimism the Fed will delay tapering.
Shares of big tech names Apple, Amazon, Facebook, and Tesla helped lift the broader market to record highs Monday.
Powell's words will be scrutinized for any clues about the Fed's outlook on tapering its asset purchases and on its outlook for the economy.
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