Wall Street stocks hit record highs ahead of crucial jobs report

Equities updates

Wall Street’s stocks hovered at fresh all-time highs on Thursday, after weekly data suggested employment in the world’s largest economy was beginning to stabilise.

The blue-chip S&P 500 finished 0.6 per cent higher in New York, marking a new closing record level, despite having pushed slightly higher during the trading day a week ago. The technology-heavy Nasdaq climbed 0.8 per cent, also a new high, after data showed the number of Americans actively collecting jobless benefits had fallen to its lowest level of

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S&P 500 falls from a record ahead of big earnings, snaps a 5-day win streak

U.S. stocks fell for the first time in six days on Tuesday ahead of quarterly earnings reports from several megacap technology companies.

The S&P 500 declined nearly 0.5% to 4,401.46, led to the downside by consumer names, tech and energy. The broad equity benchmark dropped 1.1% at its session low. The Dow Jones Industrial Average fell 85.79 points, or 0.2%, to 35,058.52, after dropping as much as 266 points earlier. The Nasdaq Composite slid 1.2% to 14,660.58. The major averages all slipped from their respective records reached in the previous session, breaking their five-day winning streaks.

Shares of UPS tumbled

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Wall Street stocks hold near record highs ahead of Fed meeting

Equities updates

Wall Street and European equities swung between modest gains and losses on Monday ahead of the US central bank’s Federal Open Market Committee meeting this week.

The blue-chip S&P 500 index extended Friday’s gains to close at yet another high, edging up 0.2 per cent on the day. Meanwhile, the tech-heavy Nasdaq Composite traded flat ahead of big technology companies’ second-quarter earnings announcements.

Keeping a lid on large gains on Wall Street was a sharp sell-off in US-listed stocks exposed to China after

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Opinion: Big losses ahead for markets? Jeremy Grantham’s terrifying new forecasts

If you have a 401(k) and you’re of a nervous disposition, you probably don’t want to look at the chart above.

Even by the standards of GMO, the super-cautious money management firm in Boston best known for its famous co-founder Jeremy Grantham, it’s terrifying.

It shows about the worst medium-term forecasts on record for pretty much all the assets most of us own in our retirement accounts. Large company U.S. stocks like the S&P 500
? Small company U.S. stocks like the Russell 2000
? International stocks? U.S. bonds, foreign bonds, inflation-protected bonds? GMO thinks if

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Ahead of Tesla results, Cathie Wood says Wall Street’s valuing it all wrong

It’s a softer start to the week, with stocks tilting south, and a slump for China and Hong Kong stocks amid a technology crackdown. Bitcoin headed the other way, thanks in part to a help-wanted ad from Amazon.com.

Speaking of tech, we’ve got all the heavy hitters rolling out results this week — Apple
Google parent Alphabet
and Tesla
with the electric-car maker’s results due after the close of markets on Monday.

Our call of the day comes from Cathie Wood, founder of ARK Invest, whose

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Arsenal’s ‘next Zlatan Ibrahimovic’ attracting interest from European teams ahead of loan move

Arsenal forward Nikolaj Moller is being targeted by several European teams who are keen on signing the youngster on a season long loan, football.london understands.

football.london learned earlier this month that the Gunners sent their loan list to a number of clubs based in the UK, with 18-year-old Moller among the talented players available for a spell away from north London.

Among the players who will be looking to increase their experience are highly-rated striker Moller and midfielder Ben Cottrell.

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Wall Street stocks stage late rally ahead of Fed meeting

Stocks on Wall Street staged a late rally on Monday, erasing earlier losses ahead of a two-day US central bank meeting that will be closely watched for clues on the future path of monetary policy.

Wall Street’s S&P 500 index finished 0.2 per cent higher in New York, having been on course for a 0.2 per cent loss less than hour before the final bell. It marks another high for the index following a 0.2 per cent gain on Friday. The technology focused Nasdaq Composite index climbed 0.7 per cent.

Core US government debt sold off, taking the yield on

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Wall Street stocks drift ahead of US inflation data

Wall Street equities were mixed ahead of US inflation data later in the week that may determine the future direction of central banks’ monetary policies.

The broad-based S&P 500, Wall Street’s dominant equity gauge, closed lower by 0.1 per cent, while the technology-focused Nasdaq Composite index edged up 0.5 per cent.

The Stoxx Europe 600 gained 0.2 per cent to end the session at a high, however, as investors rotated into relatively cheap European equities. The UK’s FTSE 100 climbed 0.1 per cent.

Economists surveyed by Bloomberg expect US inflation data on Thursday to show consumer prices rose 4.7 per

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Wall Street rises ahead of key economic data this week; AMC soars

The latest leg of a surge in so-called “meme stocks” stood out on Wall Street on Wednesday, with the main stock indexes rising slightly ahead of closely watched economic data this week.

The technology sector rose 0.8%, providing the biggest boost to the benchmark S&P 500, while communication services and materials eased.

A weekly unemployment report and May private payrolls data on Thursday will be followed by monthly jobs numbers on Friday.

Investors are closely tracking the labor market’s recovery after an unexpected slowdown in jobs growth in April fanned inflation worries.

The benchmark S&P 500 has recovered most of

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A big jobs report looms in the week ahead, as markets enter the often-weak month of June

A trader works on the floor of the New York Stock Exchange.


May’s employment report is the big event in the week ahead, as stocks enter the often weak month of June. Stocks are finishing May with a mixed performance. Big cap indexes like the S&P 500 and Dow notched gains. The S&P rose a half percent, and the Dow rose 1.9%. The small cap Russell 2000 was flat, up 0.1%, and the tech-heavy Nasdaq declined 1.5%.

June is not historically a strong month for stocks. Bespoke Investment Group points out that over the past 50 years, the Dow

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