S&P 500 scales new record high on tech boost

(Reuters) -The S&P 500 hit a record peak on Thursday, helped by gains in tech-related stocks as weaker-than-expected jobless claims data bolstered the Federal Reserve’s stance to keep interest rates lower for a longer period.FILE PHOTO: People are seen on

S&P 500, Dow at all-time highs after robust economic data

(Reuters) – Wall Street’s main indexes jumped more than 1% on Monday, with the S&P 500 and the Dow at record highs as investors cheered strong jobs and services sector reports which bolstered views that 2021 could see the best

S&P 500 gains in choppy trading ahead of Powell, Yellen remarks

(Reuters) – The S&P 500 rose in choppy trading on Tuesday as investors marked time ahead of remarks from Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen for clues about their tolerance for higher bond yields.FILE PHOTO: People

Wall Street set for muted open after strong comeback

(Reuters) – Wall Street’s main indexes were set for a muted open on Monday after logging their best week in six, as investors geared up for the Federal Reserve’s meeting this week amid caution over rising borrowing costs spurred by

S&P 500, Dow hit record highs after upbeat jobless claims data

(Reuters) – The S&P 500 and the Dow indexes hit all-time highs on Thursday as worries about rising inflation subsided, while a bigger-than-expected fall in weekly jobless claims reinforced expectations of a labor market recovery.FILE PHOTO: Dividers are seen inside

Nasdaq headed for worst week in a year as tech stocks drop

(Reuters) – U.S. stocks slumped in volatile trading on Friday with the tech-heavy Nasdaq heading for its worst week since March 2020, as fears over rising borrowing costs offset optimism about a strong economic rebound following blowout monthly jobs report.Slideshow

S&P 500 set for subdued open after best day in nine months

FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 12, 2021. REUTERS/Brendan McDermid(Reuters) – Wall Street’s major averages were set for a muted open on Tuesday after a strong start

Wall Street extends losses as inflation fear lingers

(Reuters) – Wall Street’s main indexes extended losses on Friday as fears of a potential rise in inflation kept U.S. bond yields around one-year high, while tech stocks clawed back some losses.Slideshow ( 2 images )Shares of Amazon.com Inc, Microsoft

Home Depot beats quarterly same-store sales estimates

FILE PHOTO: The logo of Home Depot is seen in Encinitas, California April 4, 2016. REUTERS/Mike Blake/File Photo (Reuters) – Home Depot Inc beat quarterly same-store sales estimates on Tuesday, riding a sustained wave of demand for home improvement goods