US stocks gave up early gains to turn lower Tuesday after a consumer-confidence reading came in weaker than expected. What’s happening The Dow Jones Industrial Average DJIA, -0.69% was down 185 points, or 0.6%, at 31,253. The S&P 500 SPX, -1.07% fell 38 points, or 1%, to 3,862. The Nasdaq Composite COMP, -1.85% dropped 202 … Read more
US stocks gave up early gains to turn lower Tuesday after a consumer-confidence reading came in weaker than expected. What’s happening The Dow Jones Industrial Average DJIA was down 185 points, or 0.6%, at 31,253. The S&P 500 SPX fell 38 points, or 1%, to 3,862. The Nasdaq Composite COMP dropped 202 points, or 1.8%, … Read more
US stock futures trimmed early gains after a stronger-than-expected rise in durable-goods data partly offset expectations for a slowing economy that in turn could limit the magnitude of Federal Reserve rate hikes. What’s happening Futures on the Dow Jones Industrial Average YM00, +0.11% erased a triple-digit gain to remainup 23 points, or 0.1%, at 31,510. … Read more
Look out above, the dip buyers are back in town. Stocks are soaring — for now — as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall … Read more
JetBlue Airways Corp. JBLU 5.30% is continuing its quest to buy Spirit Airlines Inc., SAVE 2.11% increasing its offer and strengthening its commitment to divest itself of assets to get regulatory approval for the deal. JetBlue JBLU 5.30% on Monday increased its offer to $33.50 in cash per Spirit share. Previously, it had offered $31.50 … Read more