NEW YORK — The Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The iPhone maker’s stock climbed $50 after the company once again blew past Wall Street’s profit forecasts.
NEW YORK — Major stock indexes dipped Tuesday as weak readings on consumer confidence gave investors little reason to extend the recent rally.
NEW YORK — Bank stocks turbocharged a rally across the financial markets Tuesday, and all three major stock indexes posted their biggest gains of the year.
NEW YORK — Stocks slumped Wednesday in one of their worst showings this year as Greece, slogging through negotiations with other countries over a bailout, once again cast a long shadow over the financial markets.
NEW YORK — U.S. investors will have their first chance today to react to Standard & Poor’s decision to strip the U.S. government of its top credit rating. But the bigger issues facing Wall Street and stock markets worldwide remain debt-ridden countries in Europe and concerns that the global economy is weakening.