Stocks fall to cap chaotic week driven by fears about banks
March 17, 2023 GMTNEW YORK (AP) — Stocks fell Friday to end a whipsaw week on Wall Street amid rising fear among investors that turmoil in the banking industry could drag the economy into a recession.
The S&P 500 sank 1.1%, cutting into its gain for the week.
How major US stock indexes fared Friday 3/17/2023
March 17, 2023 GMTWall Street’s week of turmoil closed with drops for stocks.
The S&P 500 fell 1.1% Friday, led by drops in First Republic and other banks. The Dow Jones Industrial Average and Nasdaq composite also pulled back.
FedEx, Hallador rise; Groupon, Blend Labs fall
March 17, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
FedEx Corp., up $16.26 to $220.31.
The package delivery company handily beat Wall Street's fiscal third-quarter profit forecasts.
Closing prices for crude oil, gold and other commodities
March 17, 2023 GMTBenchmark U.S. crude oil for April delivery fell $1.61 to $66.74 a barrel Friday. Brent crude for May delivery fell $1.73 to $72.97 a barrel.
Wholesale gasoline for April delivery was unchanged at $2.50 a gallon.
Asian shares up after First Republic aid spurs Wall St rally
March 17, 2023 GMTBANGKOK (AP) — Shares advanced Friday in Asia, tracking a rally on Wall Street after a group of big banks offered a lifeline to First Republic Bank, the lender investors had focused on in their latest hunt for troubles in the banking industry.
Five Below, G-III fall, Adobe, Signet rise
March 16, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Adobe Inc., up $19.68 to $353.29.
The software maker's fiscal first-quarter earnings beat Wall Street forecasts.
How major US stock indexes fared Thursday 3/16/2023
March 16, 2023 GMTStocks rallied after a group of big banks offered a lifeline to the bank Wall Street had zeroed in on in its hunt for the next victim in the industry’s struggles..
The S&P 500 jumped 1.8% Thursday, erasing earlier losses following reports that First Republic Bank could get help or sell itself to another bank.
Closing prices for crude oil, gold and other commodities
March 16, 2023 GMTBenchmark U.S. crude oil for April delivery rose 74 cents to $68.35 a barrel Thursday. Brent crude for May delivery rose $1.01 to $74.70 a barrel.
Wholesale gasoline for April delivery rose 6 cents to $2.50 a gallon.
Asian stocks fall after Wall St sinks on new bank fears
March 16, 2023 GMTBEIJING (AP) — Asian stock markets tumbled Thursday after Wall Street sank as a plunge in Credit Suisse shares reignited worries about a possible bank crisis following the failure of two U.S.
How major US stock indexes fared Wednesday 3/15/2023
March 15, 2023 GMTStocks fell amid fresh worries about the banking sector, although Wall Street more than halved its losses by the closing bell.
The S&P 500 closed with a decline of 0.7%. The Dow posted a slightly steeper drop, while the Nasdaq rose slightly thanks to late gains in tech shares.
Guess, Exxon fall; Smartsheet, SentinelOne rise
March 15, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Credit Suisse Group AG, down 35 cents to $2.16.
The Saudi National Bank told news outlets that it would not inject more money into the struggling bank.
Closing prices for crude oil, gold and other commodities
March 15, 2023 GMTBenchmark U.S. crude oil for April delivery fell $3.72 to $67.61 a barrel Wednesday. Brent crude for May delivery fell $3.76 to $73.69 a barrel.
Wholesale gasoline for April delivery fell 11 cents to $2.44 a gallon.
Asian stocks higher after Wall St rebounds from bank jitters
March 15, 2023 GMTBEIJING (AP) — Asian stock markets rebounded Wednesday after Wall Street stabilized following sharp declines for bank stocks and U.S. inflation eased but stayed high.
How major US stock indexes fared Tuesday 3/14/2023
March 14, 2023 GMTStocks closed higher on Wall Street as some of the most breathtaking moves from a manic Monday reversed course.
The S&P 500 rose 1.7% Tuesday after a report showed inflation is still high, though no more than expected.
Uber, Boeing rise; United Airlines, BuzzFeed fall
March 14, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
United Airlines Holdings Inc., down $2.62 to $46.21.
The airline expects to lose up to $1 a share in the first quarter partly because of costs for a potential new pilots’ contract.
Closing prices for crude oil, gold and other commodities
March 14, 2023 GMTBenchmark U.S. crude oil for April delivery fell $3.47 to $71.33 a barrel Tuesday. Brent crude for May delivery fell $3.32 to $77.45 a barrel.
Wholesale gasoline for April delivery fell 4 cents to $2.55 a gallon.
Asian shares extend losses as US banking worries persist
March 14, 2023 GMTTOKYO (AP) — Asian shares declined Tuesday, as investors around the world watched to see what's next following the second- and third-largest bank failures in U.S.
How major US stock indexes fared Monday 3/13/2023
March 13, 2023 GMTBank stocks tumbled on worries about what’s next to break, following the second- and third-largest bank failures in U.S. history.
But many other stocks rose Monday on hopes the bloodletting will force the Federal Reserve to take it easier on the hikes to interest rates that are shaking Wall Street and the economy.
Closing prices for crude oil, gold and other commodities
March 13, 2023 GMTBenchmark U.S. crude oil for April delivery fell $1.88 to $74.80 a barrel Monday. Brent crude for May delivery fell $2.01 to $80.77 a barrel.
Wholesale gasoline for April delivery fell 6 cents to $2.59 a gallon.
Asian shares mostly sink on jitters after US bank failure
March 13, 2023 GMTTOKYO (AP) — Asian shares mostly fell Monday, shaken by a Wall Street tumble that set off worries the biggest United States bank failure in nearly 15 years might have ripple effects around the world.
Will it take market crash for Congress to raise debt limit?
March 11, 2023 GMTWASHINGTON (AP) — There's one way to force President Joe Biden and Congress to solve the looming crisis over the debt limit: a financial market crash.
Gap, Vail Resorts fall; Ulta Beauty, Stratasys rise
March 10, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
Vail Resorts Inc., down $7.56 to $221.13.
The ski resort operator reported weak fiscal second-quarter earnings.
How major US stock indexes fared Friday 3/10/2023
March 10, 2023 GMTFear rattled Wall Street Friday, and stocks tumbled on worries about what’s next to break under the weight of rising interest rates following the biggest U.S. bank failure in nearly 15 years.
The S&P 500 fell 1.4%, capping its worst week since September.
Stocks tumble as Wall Street wonders what will break next
March 10, 2023 GMTNEW YORK (AP) — Fear rattled Wall Street, and stocks tumbled Friday on worries about what’s next to break under the weight of rising interest rates following the biggest U.S. bank failure in nearly 15 years.
Closing prices for crude oil, gold and other commodities
March 10, 2023 GMTBenchmark U.S. crude oil for April delivery rose 96 cents to $76.68 a barrel Friday. Brent crude for May delivery rose $1.19 to $82.78 a barrel.
Wholesale gasoline for April delivery rose 4 cents to $2.65 a gallon.
Asian stocks follow Wall St lower ahead of US jobs update
March 10, 2023 GMTBEIJING (AP) — Asian stock markets followed Wall Street lower Friday ahead of an update on United States employment amid worries about possible further interest rate hikes.
How major US stock indexes fared Thursday 3/9/2023
March 9, 2023 GMTStocks sank broadly on Wall Street, worsening their losses for the week, as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation with higher interest rates.
BJ’s Wholesale, Asana rise; Silvergate, MongoDB fall
March 9, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
American Express Co., down $2.71 to $172.12.
The credit card company raised its dividend and announced a stock buyback program.
Closing prices for crude oil, gold and other commodities
March 9, 2023 GMTBenchmark U.S. crude oil for April delivery fell 94 cents to $75.72 a barrel Thursday. Brent crude for May delivery fell $1.07 to $81.59 a barrel.
Wholesale gasoline for April delivery fell 8 cents to $2.61 a gallon.
Asian stocks mixed after Wall St steadies amid rate fears
March 9, 2023 GMTBEIJING (AP) — Asian stock markets were mixed Thursday after Wall Street steadied following a plunge on worries about more U.S. interest rate hikes.
Shanghai and Seoul declined. Tokyo and Hong Kong advanced.
How major US stock indexes fared Wednesday 3/8/2023
March 8, 2023 GMTStocks drifted to a mixed close on Wall Street a day after sinking to one of their worst days of the year.
The S&P 500 rose 0.1% Wednesday. The Dow fell slightly and the Nasdaq rose 0.4%.
Vera Bradley, WeWork rise; Stitch Fix, Tesla fall
March 8, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Maxeon Solar Technologies Ltd., up $8.25 to $27.
The solar power company gave investors a strong revenue forecast for the current quarter.
Closing prices for crude oil, gold and other commodities
March 8, 2023 GMTBenchmark U.S. crude oil for April delivery fell 92 cents to $76.66 a barrel Wednesday. Brent crude for May delivery fell 63 cents to $82.66 a barrel.
Wholesale gasoline for April delivery fell 1 cent to $2.69 a gallon.
Asian stocks tumble amid fears about faster rate hikes
March 8, 2023 GMTTOKYO (AP) — Asian shares were mostly lower Wednesday as investors fretted that the Federal Reserve might raise interest rates faster if pressure stays high on inflation.
Japan's benchmark Nikkei 225 edged up 0.2% in morning trading to 28,370.92.
How major US stock indexes fared Tuesday 3/7/2023
March 7, 2023 GMTStocks sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation.
The S&P 500 dropped 1.5% Tuesday, and the Dow Jones Industrial Average gave back 574 points.
Squarespace, WW International rise; Thor, Anika fall
March 7, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Squarespace Inc., up $3.50 to $27.54.
The software company's fourth-quarter revenue beat analysts' forecasts.
Closing prices for crude oil, gold and other commodities
March 7, 2023 GMTBenchmark U.S. crude oil for April delivery fell $2.88 to $77.58 a barrel Tuesday. Brent crude for May delivery fell $2.89 to $83.29 a barrel.
Wholesale gasoline for April delivery fell 10 cents to $2.70 a gallon.
Asian shares rise as investors watch Fed moves, inflation
March 7, 2023 GMTTOKYO (AP) — Asian shares were mostly higher in muted trading Tuesday, as investors tried to digest a slew of economic data and awaited moves by the U.S. Federal Reserve.
Japan's benchmark Nikkei 225 rose 0.4% to 28,336.98.
How major US stock indexes fared Monday 3/6/2023
March 6, 2023 GMTStocks drifted to a mixed close as Wall Street stays in a holding pattern ahead of a potentially big week.
The S&P 500 edged up 0.1% Monday after coming off its first winning week in the last four.
BridgeBio, Corcept rise; Aclaris Therapeutics, IAA fall
March 6, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Altria Group Inc., up 66 cents to $47.19.
The maker of Marlboro cigarettes announced a $2.75 billion investment in electronic cigarette startup NJOY.
Closing prices for crude oil, gold and other commodities
March 6, 2023 GMTBenchmark U.S. crude oil for April delivery rose 78 cents to $80.46 a barrel Monday. Brent crude for May delivery rose 35 cents to $86.18 a barrel.
Wholesale gasoline for April delivery rose 5 cents to $2.80 a gallon.
How major US stock indexes fared Friday 3/3/2023
March 3, 2023 GMTStocks rallied on Wall Street, climbing to their biggest gain in six weeks.
The S&P 500 jumped 1.6% and marked its first winning week in the last four. Big gains for tech giants like Apple helped propel the Nasdaq composite to an even bigger gain of 2%.
Stocks jump as Wall Street cruises to best day since January
March 3, 2023 GMTNEW YORK (AP) — Stocks rallied Friday to send Wall Street to its best day in six weeks.
The S&P 500 rose 1.6% to cap its first winning week in the last four as relaxing yields in the bond market took some pressure off Wall Street.
VMware, Broadcom rise; Marvell, Bumble fall
March 3, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
Marvell Technology, Inc., down $2.19 to $44.04.
The chipmaker gave investors a weak financial forecast for the current quarter.
Closing prices for crude oil, gold and other commodities
March 3, 2023 GMTBenchmark U.S. crude oil for April delivery rose $1.52 to $79.68 a barrel Friday. Brent crude for May delivery rose $1.08 to $85.83 a barrel.
Wholesale gasoline for April delivery rose 5 cents to $2.75 a gallon.
Asian stocks follow Wall St up on interest rate hopes
March 3, 2023 GMTBEIJING (AP) — Asian stock markets followed Wall Street higher Friday after a Federal Reserve official raised hopes the U.S. central bank might not step up its anti-inflation fight as much as feared.
Pure Storage, Box fall; Salesforce, Macy’s rise
March 2, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Salesforce Inc., up $19.24 to $186.59.
The customer-management software developer gave investors a strong profit forecast.
How major US stock indexes fared Thursday 3/2/2023
March 2, 2023 GMTStocks closed higher on Wall Street for the first time in three days, even as bond yields climb to tighten the squeeze on Wall Street.
The S&P 500 climbed 0.8% Thursday after erasing a morning loss.
Closing prices for crude oil, gold and other commodities
March 2, 2023 GMTBenchmark U.S. crude oil for April delivery rose 47 cents to $78.16 a barrel Thursday. Brent crude for May delivery rose 44 cents to $84.75 a barrel.
Wholesale gasoline for April delivery rose 3 cents to $2.70 a gallon.
Asian stocks mixed after Wall St falls on inflation fears
March 2, 2023 GMTBEIJING (AP) — Asian stock markets were mixed Thursday after signs of enduring upward pressure on American prices added to expectations of higher interest rates for longer.
Shanghai and Seoul advanced while Tokyo and Hong Kong declined.
Reata, Dycom rise; Novavax, Ambarella fall
March 1, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Monster Beverage Corp., down $2.57 to $99.19.
The energy drink maker reported weak fourth-quarter results.
How major US stock indexes fared Wednesday 3/1/2023
March 1, 2023 GMTStocks dipped as Wall Street braced for interest rates to stay higher for longer with inflation remaining stubbornly sticky.
The S&P 500 fell 0.5% Wednesday. The Dow Jones Industrial Average edged higher and the Nasdaq composite fell.
Closing prices for crude oil, gold and other commodities
March 1, 2023 GMTBenchmark U.S. crude oil for April delivery rose 64 cents to $77.69 a barrel Wednesday. Brent crude for May delivery rose 86 cents to $84.31 a barrel.
Wholesale gasoline for April delivery rose 3 cents to $2.67 a gallon.
Asian shares, oil advance on strong China factory data
March 1, 2023 GMTTOKYO (AP) — Asian shares were higher Wednesday after reports on key measures of China manufacturing showed a strong recovery after anti-virus controls were lifted late last year.
Asian shares trade mixed with earnings, regional tensions
March 1, 2023 GMTTOKYO (AP) — Asian shares were mixed Wednesday as investors watched for upcoming earnings reports and other indicators on how inflationary pressures might be denting global growth.
Japan's benchmark Nikkei 225 was virtually unchanged in morning trading, inching up less than 0.1% to 27,446.91.
Target, Perrigo rise; Norwegian, Universal Health fall
February 28, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
AdaptHealth Corp., down $5.99 to $15.99.
The home health care equipment company trimmed its revenue forecast for the year.
How major US stock indexes fared Tuesday 2/28/2023
February 28, 2023 GMTStocks drifted to a weak close on Wall Street, closing out a rocky February.
The S&P 500 lost 0.3% Tuesday, and the Dow Jones Industrial Average and the Nasdaq composite also fell. Treasury yields were mixed.
Closing prices for crude oil, gold and other commodities
February 28, 2023 GMTBenchmark U.S. crude oil for April delivery rose $1.37 to $77.05 a barrel Tuesday. Brent crude for April delivery rose $1.44 to $83.89 a barrel.
Wholesale gasoline for March delivery rose 6 cents to $2.43 a gallon.
Swiss regulator: Credit Suisse made ‘serious breach’ of law
February 28, 2023 GMTGENEVA (AP) — Swiss regulators have found that Credit Suisse made a “serious breach” of law in connection with a now-bankrupt firm linked to Australian financier Lex Greensill and have opened a probe that could lead to penalties against four former bank managers.
Asian shares edge higher after slight gains on Wall Street
February 28, 2023 GMTBANGKOK (AP) — Shares climbed in Asia on Tuesday after Wall Street benchmarks clawed back some losses from their worst week since early December.
How major US stock indexes fared Monday 2/27/2023
February 27, 2023 GMTStocks closed slightly higher, clawing back some of the losses from their worst week since early December.
The S&P 500 rose 0.3% Monday, just its second gain in the last seven days. The Dow and the Nasdaq also rose.
Closing prices for crude oil, gold and other commodities
February 27, 2023 GMTBenchmark U.S. crude oil for April delivery fell 64 cents to $75.68 a barrel Monday. Brent crude for April delivery fell 71 cents to $82.45 a barrel.
Wholesale gasoline for March delivery rose 1 cent to $2.37 a gallon.
Stocks drop, send Wall Street to its worst week of the year
February 24, 2023 GMTNEW YORK (AP) — Another cold reminder that inflation remains hotter than hoped sent Wall Street skidding Friday, and stocks closed out their worst week since early December.
The S&P 500 fell 1.1% to cap its third straight weekly loss.
How major US stock indexes fared Friday 2/24/2023
February 24, 2023 GMTStocks sank on Wall Street and closed out their worst week since early December.
The S&P 500 fell 1.1% Friday to cap its third straight loss. Treasury yields rose sharply. Stocks have dropped through February as reports on inflation, the job market and spending by shoppers have come in hotter than expected.
Carvana, Boeing fall; Beyond Meat, Farfetch rise
February 24, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
Block Inc., up $3.21 to $77.36.
The mobile payments services provider beat analysts' fourth-quarter revenue forecasts.
Closing prices for crude oil, gold and other commodities
February 24, 2023 GMTBenchmark U.S. crude oil for April delivery rose 93 cents to $76.32 a barrel Friday. Brent crude for April delivery rose 95 cents to $83.16 a barrel.
Wholesale gasoline for March delivery fell 2 cents to $2.36 a gallon.
Asia stocks mixed after Wall St breaks losing streak
February 24, 2023 GMTBANGKOK (AP) — Shares in Asia were mixed Friday after Wall Street broke its longest losing streak since December with a modest rally led by tech stocks.
Benchmarks rose in Tokyo and Sydney but fell in Hong Kong, Shanghai and Seoul.
Nvidia, Planet Fitness rise; Domino’s, Wayfair fall
February 23, 2023 GMTStocks that traded heavily or had substantial price changes Thursday:
Nvidia Corp., up $29.10 to $236.64.
The chipmaker gave investors a strong sales forecast.
How major US stock indexes fared Thursday 2/23/2023
February 23, 2023 GMTStocks shook off a midday slump and ended higher on Wall Street, ending a four-day losing streak.
The S&P 500 rose 0.5% Thursday. The Nasdaq composite and the Dow Jones Industrial Average also rose.
Closing prices for crude oil, gold and other commodities
February 23, 2023 GMTBenchmark U.S. crude oil for April delivery rose $1.44 to $75.39 a barrel Thursday. Brent crude for April delivery rose $1.61 to $82.21 a barrel.
Wholesale gasoline for March delivery rose 4 cents to $2.38 a gallon.
Reality bites as Wall Street’s rate cut dream disappears
February 23, 2023 GMTNEW YORK (AP) — After a long staring contest between Wall Street and the Federal Reserve, investors blinked first.
For months, Wall Street doubled down on bets that the Federal Reserve was bluffing about how far it would hike rates.
Asian stocks rise after Wall St slides on rate hike fears
February 23, 2023 GMTBEIJING (AP) — Asian stock markets rose Thursday following Wall Street's biggest one-day decline in two months after notes from a Federal Reserve meeting showed officials expect to keep U.S. interest rates high to fight stubborn inflation.
How major US stock indexes fared Wednesday 2/22/2023
February 22, 2023 GMTStocks ended mixed a day after falling to their worst loss since December, as Wall Street prepares for interest rates to stay higher for longer.
The S&P 500 dipped 0.2% Wednesday after drifting between small gains and losses.
La-Z-Boy, Wingstop rise; CoStar Group, ZipRecruiter fall
February 22, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Palo Alto Networks Inc., up $20.86 to $187.75.
The security software maker reported strong fiscal second-quarter financial results.
Closing prices for crude oil, gold and other commodities
February 22, 2023 GMTBenchmark U.S. crude oil for April delivery fell $2.41 to $73.95 a barrel Wednesday. Brent crude for April delivery fell $2.45 to $80.60 a barrel.
Wholesale gasoline for March delivery fell 8 cents to $2.34 a gallon.
Asian shares decline following Wall Street tumble
February 22, 2023 GMTTOKYO (AP) — Asian shares declined Wednesday after stocks tumbled on Wall Street as worries persist about higher interest rates and their tightening squeeze on the global economy.
Tokyo's benchmark Nikkei 225 dipped 1.4% in morning trading to 27,100.51.
How major US stock indexes fared Tuesday 2/21/2023
February 21, 2023 GMTWall Street tumbled to its biggest drop since December as concerns deepen about the impact of rising interest rates.
Home Depot fell to one of the market’s sharper losses Tuesday after it gave a financial forecast that fell short of Wall Street’s expectations.
Home Depot, Elanco Animal Health fall; General Mills rises
February 21, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Manitowoc Co., up $1.86 to $16.22.
The Milwaukee-based maker of cranes reported earnings and revenue that came in well ahead of what analysts were expecting.
Closing prices for crude oil, gold and other commodities
February 21, 2023 GMTBenchmark U.S. crude oil for March delivery fell 18 cents to $76.16 a barrel Tuesday. Brent crude for April delivery fell $1.02 to $83.05 a barrel.
Wholesale gasoline for March delivery rose 1 cent to $2.42 a gallon.
Fluor: Q4 Earnings Snapshot
February 21, 2023 GMTIRVING, Texas (AP) — IRVING, Texas (AP) — Fluor Corp. (FLR) on Tuesday reported fourth-quarter net income of $9 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Irving, Texas-based company said it had profit of 1 cent.