Stocks closed sharply higher Friday, sending the S&P 500 and Dow Jones Industrial Average to their biggest weekly gains since the week of the November presidential election.
Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank earnings and tame CPI data.
U.S. stocks traded sharply higher in Wednesday's final hour of trading, with the Dow Jones Industrial Average and S&P 500 headed for a third consecutive session of gains after December's CPI data sparked a relief rally.
The Dow is keeping on balance as investors rotate into non-tech darlings. The Dow Jones Industrial Average (DJIA) skirted Monday’s broad-market declines as investors gave a second thought to ...
Investors await Wednesday’s key CPI inflation print before making decisions. The Dow Jones Industrial Average (DJIA) lurched around 150 points higher on Tuesday after Producer Price Index (PPI ...
Rising over 13% in 2024, the Dow Jones Industrial Average lagged the S&P 500, which soared 23%. But the diversity among the performances of the individual Dow Jones stocks was considerable.
Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter sales, while France's LVMH, Kering and Christian Dior all rising. Retailers Moncler, Burberry, Swatch and Hermes also crowded around the top of the Stoxx index.
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On Wall Street, major indices declined after their biggest daily percentage gains since the November 6 rally post the US presidential election. The Dow Jones Industrial Average fell 68.42 points, or 0.16%, to 43,153.13; the S&P 500 dropped 12.57 points, or 0.21%, to 5,937.34; and the Nasdaq Composite lost 172.94 points, or 0.89%, to 19,338.29.
MSCI's gauge of stocks across the globe rose 2.38 points, or 0.28%, to 849.68. Earlier, Europe's STOXX 600 index closed up 0.98%, with luxury stocks boosted after Cartier jewelry owner Richemont's results exceeded analysts' expectations.
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US markets finished lower on Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results