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U.S. stocks ended lower on Wednesday as the House headed to vote on raising the federal debt ceiling to avoid a government default, while concerns grew over another interest rate hike in the Fed's next meeting in June.
Wall Street closed sharply higher on Friday as investors grew hopeful about the lawmakers reaching a deal to raise the U.S. debt ceiling and avoiding a potential crisis
U.S. stock markets closed mixed on Thursday as market participants remained watchful on debt ceiling negotiations. .
Wall Street ended sharply lower on Wednesday, dragged down by real estate and financial stocks.
U.S. stocks were falling as the debt ceiling talks dragged on with no solution in sight. At 11:49 ET (15:49 GMT), the Dow Jones Industrial Average was down 257 points or 0.8%, while the S&P 500 was down 0.8% and the NASDAQ Composite was down 0.9%. Investors have been hoping for a resolution to the debt ceiling standoff in Washington, with an early June deadline just days away.
Wall Street closed lower on Friday, dampening the upbeat mood from the previous couple of sessions.
U.S. stock markets closed sharply higher on Wednesday following positive development on debt ceiling negotiations.
U.S. stock markets closed lower on Tuesday following weak earnings results of a retail supergiant.
Wall Street closed higher on Monday following progress in U.S. debt ceiling negotiations.
U.S. stock markets closed lower on Friday as market participants remained highly concerned regarding a near-term recession.
U.S. stocks closed mostly higher on Wednesday, led by a tech rally after data showed that April's consumer price index cooled to its lowest annual rate in nearly two years.
U.S stocks closed lower on Tuesday as investors grew cautious ahead of the key consumer price index report due on Wednesday and a meeting between the U.S. political leaders on the debt ceiling.
Wall Street closed sharply higher on Friday, with bank stocks rebounding from their recent lows, Apple posting better-than-expected earnings and jobs data for April hinting at a resilient labor market.
Wall Street closed sharply lower on Thursday as the regional banking crisis deepened.
"We're a little bit more pessimistic about the global outlook", Katie Koch, TCW CEO, tells Yahoo Finance, saying she's "struck" by the upbeat sentiment at this year's Milken conference. Our team has been getting the economic hot take from executives and industry heavyweights of all stripes at the annual event in Beverly Hills. Attendees seem to have one theme in common: boundless optimism. This glass-half-full approach, or some might call it cognitive dissonance, seems to be the name of the game. Koch, however, sees a challenging macro environment ahead. "We're in the camp of [the Fed] having a medium to hard landing," she says. "I don't think the rest of the sentiment has caught up to that view." Koch, who spent 20 years at Goldman Sachs' Asset Management Division, is no stranger to the changing economic tide, and the reaction of asset classes. "We're probably going to have more volatility and draw downs ahead," she says, as "the markets haven't started to correct aggressively yet". Stocks have rallied so far this year, though not without some turbulence fueled by the banking crisis. "We can see a relatively sanguine expression that credit spreads haven't widened yet" she says, adding, "we haven't seen the Vix (VIX) broaden out a lot." Brian Sozzi spoke to Koch at this year's Milken Conference. Key Video Moments 00:00:05: Global outlook 00:00:20: Economic landing 00:01:00: What's driving the positivity
Wall Street closed sharply lower on Wednesday, dragged down by energy stocks.
Wall Street closed slightly lower on Monday, dragged down by energy stocks.
U.S. stock markets closed sharply higher on Thursday following strong earnings results by big techs.
U.S. stock markets closed mixed on Monday to start the last week of April.
U.S. stocks closed little changed on Wednesday for the second consecutive session, with the earnings season getting into full swing as investors digested another batch of mixed corporate earnings.
Yahoo Finance Live’s Rachelle Akuffo breaks down the chart of the day.
U.S. stocks closed higher on Monday, helped by financial and industrial stocks as investors geared up for a heavy week of earnings and comments from Fed officials that could give them a clearer picture of how long the central bank will continue to hike interest rates.
U.S. stocks ended lower on Friday as investors assessed a batch of mixed economic data and hawkish comments from a Fed official that hinted at another interest rate hike, dampening spirits at the start of the first-quarter earnings season.
Wall Street closed sharply higher on Thursday, riding on encouraging economic data.
Wall Street closed on a mixed note on Tuesday, dragged down by tech stocks.