Markets

Tug-of-war on Wall Street

The conflict in Ukraine flared up again, pressuring stocks and overshadowing economic data here at home.

Brendan McDermid | Reuters
Trader on the floor of the New York Stock Exchange.

U.S. stocks rose on Tuesday, lifting the Dow to an all-time high and the S&P 500 to its first finish above 2,000, after better-than-expected reports — including a jump in orders for durable goods — cast favorable light on the U.S. economy. The close above 2,000 gives Wall Street a “psychological lift,” said Hinds.Cameron Hinds, …

Brendan McDermid | Reuters
Trader on the floor of the New York Stock Exchange.

U.S. stocks rose on Tuesday, lifting the S&P 500 to another record above 2,000, after better-than-expected reports — including a jump in orders for durable goods — cast favorable light on the U.S. economy. “Today’s report, while not perfect, reinforces market optimism regarding the economy,” emailed Dan Greenhaus, chief strategist at BTIG, of the data, …

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Trader on the floor of the New York Stock Exchange.

U.S. stocks rose on Monday, with the S&P 500 hitting the 2,000 milestone, lifted by a round of corporate deals and optimism that the European Central Bank would embark on further moves to stimulate the European economy. Stocks held gains after a report had new-home sales in July coming in below estimates. Remarks Friday by …

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The S&P 500 breaks through 2,000 for the first time ever. Which sectors got the market to this point and which will lead the next leg?

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Traders work on the floor of the New York Stock Exchange in New York.

U.S. stocks climbed on Thursday, with the S&P 500 hitting a record, as investors anticipated a dovish tone from Federal Reserve Chair Janet Yellen when she talks about the labor market in Jackson Hole on Friday. Hormel rallied after the maker of pork and turkey products reported third-quarter results that beat expectations. Bank of America gained after agreeing …

Kiyoshi Ota | Bloomberg | Getty Images

After a calm and boring summer of trading, the currency market is getting exciting again with the dollar breaking out to an 11-month high. Things could heat up even further for foreign exchange, as global central bankers convene in Jackson Hole, Wyoming, for the Kansas City Fed Symposium. The dollar index is at the highest level since …

Stocks inch towards new records

Despite the small pullback midday on the Fed minutes, the S&P 500 rebounded to within a few points of a new high.

Scott Mlyn | CNBC
Wall Street sign in subway station, New York City.

U.S. stocks wavered on Wednesday, with the S&P 500 less than 10 points from its all-time high, after discount-retailer Target reduced its full-year forecast and before the afternoon release of minutes from the Federal Reserve’s last meeting. Target shares fell in early New York trading after the discount retailer reported quarterly earnings beneath estimates and cut its …

Stocks end higher

Housing and Home Depot, those were the two big boosters on Wall Street today, adding more gains for the major stock averages. Investors were also in a buying mood thanks to encouraging news about inflation.

Monday market rally

Investors were in a buying mood on this quiet day. The Nasdaq reached a 14-year high, and the S&P 500 was just a percent shy of a new record. Our guest says investors are buying up stocks of American companies because the U.S. is the global safe haven.

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U.S. stocks jumped on Monday, with the Nasdaq Composite rising to a more-than-13-year high, as Ukraine and Russian officials talked about a potential truce and a round of corporate deals also bolstered sentiment. The CBOE Volatility Index, a measure of investor uncertainty, fell 4.4 percent to 12.57. “The largest of the drivers is really a reversal …

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Symbol Name Price Change %Change DJIA Dow Jones Industrial Average 16600.27 -113.31 -0.68% S&P 500 S&P 500 Index 1944.29 -10.89 -0.56% NASDAQ Nasdaq Composite Index 4431.46 -21.54 -0.48% U.S. stocks lost their morning gains, with the Dow falling more than 100 points on news of fresh Russia, Ukraine conflict. “That’s the sole reason for the …

Anatolii Stepanov | AFP | Getty Images
Ukrainian servicemen sit next to a national flag of Ukraine on an armored personnel carrier near the eastern Ukrainian city of Slavyansk, in the region of Donetsk, on Aug. 5, 2014.

Traders immediately jumped into a defensive posture ahead of the weekend, selling stocks and adding to bond positions after Ukrainian artillery destroyed part of a Russian armored column inside Ukraine. Stocks had been higher with global equities and yields had been carving out a new low before news of the attack. But after the reports, …

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Producer price inflation data and industrial production are among the reports expected Friday, as traders attempt to decipher whether the bond market or the stock market is sending the right signal. Stocks were on track after Thursday’s gains for the best weekly performance since July 3. The bond market, meanwhile, plumbed yields at the bottom …