Latest Market News
Stocks ended the final day of the month on a down note Monday, but still saw the Dow Jones Industrial Average log one of its strongest monthly performances of all time and its biggest October gain on record as investors await the outcome of this week’s Federal Reserve meeting for clues to the size of […]
The Dow Jones Industrial Average remained lower in Monday’s last hour of trading, though still on track for its best October ever. Dow industrials DJIA, -0.39% were down by 0.5%, but up 13.9% for the month. Meanwhile, the S&P 500 SPX, -0.75% and Nasdaq Composite COMP, -1.03% were down 0.8% and 1.1%, respectively, as investors […]
Gold futures fell on Monday to tally a third decline in a row, contributing to a loss for the month of October — the precious metal’s seventh consecutive monthly decline. Some investors remain skeptical about the Federal Reserve potentially pivoting to a more dovish stance on Wednesday, said Fawad Razaqzada, market analyst at City Index […]
Xcel Energy Inc. XEL, -0.40% said Monday that it will retire coal operations at its Tolk Generating Station in Texas in 2028, more than four years earlier than expected. The Minneapolis-based electricity generation and transmission company said it expects the retiring of coal at Tolk earlier than planned will save customers in Texas and New […]
Shares of U.S. and Canadian cannabis companies rallied Monday after Senate Majority Leader Chuck Schumer said Congress is “very close” to passing a cannabis banking and expungements measure. At a debate appearance on Sunday, Schumer said he’s made progress with Republican senators about introducing and passing a cannabis bill that would open up banking services […]
Shares of Avis Budget Group Inc. CAR, -2.83% rallied more than 6% in the extended session Monday after the car-rental company reported third-quarter earnings well above Wall Street expectations and said it expects the “strong” summer demand to carry through the end of the year. Avis earned $1.03 billion, or $21.67 a share, in the […]