S&P 500 and Nasdaq close lower for a fourth straight day as Nvidia shares slide: Live updates
The S&P 500 dropped for a fourth consecutive session on Wednesday, as Nvidia and other struggling technology names put downward pressure on the market.
Charles Schwab in asian news
Market backs off on hopes for interest rate cuts following strong jobs report
May's surprising pace of job growth and wage rise added to the conviction that the Federal Reserve will stay on hold through this summer and possibly beyond.
U.S. adds a much-better-than-expected 272,000 jobs in May, but unemployment rate edges up to 4%
The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market and likely reducing the Federal Reserve's impetus to lower interest rates.
Stock futures move higher as investors await Fed rate decision: Live updates
U.S. stock futures moved higher Wednesday morning following a winning day for the major averages, as investors awaited the latest Federal Reserve policy decision.
Joe Biden to raise concern over Nippon Steel’s deal for US Steel, insider says
US President Joe Biden plans to express concern over Nippon Steel’s proposed US$14.9 billion purchase of US Steel, according to a person familiar with the matter, pushing the US company’s stock 12 per cent lower on bets the deal could face greater political opposition.
Stock futures fall as Wall Street awaits the Fed's preferred inflation gauge: Live updates
Stock futures fell as Wall Street weighed the latest earnings results and looked ahead to the Federal Reserve's favored inflation gauge.
Dow futures fall more than 100 points to start the shortened trading week: Live updates
Stock futures fell Tuesday as rates ticked higher and Wall Street awaited further data and bank earnings that will provide a better glimpse into the state of the American consumer.