Latest Market News

Dec 28
S&P 500 rises to record territory at 4,750 to start final week of trade of the year

U.S. stock benchmarks rose Monday, with gains in technology shares helping to establish an intraday record for the S&P 500, which could lead to its 69th record close of 2021. The S&P 500 index SPX, -0.13% was trading 0.5% higher at 4,748, and had hit an intraday day high at 4,750.35, marking the first intraday […]

Dec 28
Coronavirus tally: U.S. counts more than 500,000 new COVID cases in a day, lifting the daily average to a near 1-year high

The global tally for COVID-19 rose to 281.5 million as of Tuesday morning and the death toll climbed to 5.41 million, according to data aggregated by Johns Hopkins University. The U.S. leads the world with a total COVID-19 case count of 52.8 million and death toll of 818,371. On Monday, there were 543,415 new cases […]

Dec 28
S&P 500 books 69th closing high of 2021 as stocks mark start of potential 'Santa Claus rally'

U.S. stock benchmarks ended higher Monday, with the S&P 500 index closing at a fresh peak, as investors resumed trading after the Christmas holiday and kicked off the beginning of a potential Santa Claus rally. The S&P 500 SPX, +0.07% and Nasdaq Composite COMP, -0.34% each rose about 1.4% while the Dow Jones Industrial Average […]

Dec 28
Chip stocks see broad rally, as AMD's stock leads the 'SOX' into record territory

The semiconductor sector was enjoying a broad and healthy rally in afternoon trading Monday, enough to propel the PHLX Semiconductor Index SOX, -1.17% into record territory. The chip sector index, known as the “SOX,” ran up 2.7% with all 30 components gaining ground. The SOX has now run up 8.2% amid a four-session win streak, […]

Dec 28
Oil futures shake off early losses to end sharply higher Monday

Crude-oil futures reversed course to end sharply higher Monday, climbing in a session in which investors appeared willing to buy assets considered risky, despite concerns about the spread of the omicron variant of the coronavirus that causes COVID-19. West Texas Intermediate crude for February delivery CLG22, +0.74% CL00, +0.74% traded $1.78, or 2.4%, higher, to […]

Dec 28
Apple's stock rallies toward 24th record close of the year

Shares of Apple Inc. AAPL, -0.20% bulled up 2.0% into record territory in afternoon trading Monday, enough to pace the Dow Jones Industrial Average’s DJIA, +0.43% gainers. The technology behemoth’s stock has now run up 5.9% amid a four-day win streak, and was currently headed for a close above the Dec. 10 record of $179.45. […]