DOW JONES

Stocks plummeted by more than 500 points as inflation data surpassed expectations, spurring concerns over Federal Reserve rate cuts.

Shortly after Monday's opening bell, the Dow was up over 200 points and the S&P 500 was up over 20 points.

The August core Personal Consumption Expenditure (PCE), which excludes food and energy, rose 0.1% from July, half of the June-July rise and half of analysts' estimates.

The S&P 500 ended the week at 4,515, up 1.9% for the week, the Dow Jones at 34,837, up 0.70%, and the tech-heavy Nasdaq at 14,031, up 2.4%.

U.S. stocks took a dive Wednesday morning, as global investors' fears over the health of the banking industry renewed amid the crash of Swiss bank Credit Suisse

January's inflation report sent ripples down the stock market Friday, as the key index measured to gauge the economy showed there is still work to be done.

The U.S. economy added 517,000 jobs in January, far exceeding economists' expectations of 187,000, while the unemployment rate fell to 3.4%.

The U.S. economy grew by 2.9% over the fourth quarter of 2022, largely boosted by an increase in consumer and government spending.

Inflation shows signs of slowing as prices dropped slightly in December.

The latest consumer price index report shows that inflation could be loosening, sending U.S. stocks higher.

Brian Nowak said Wednesday that Airbnb faces supply and demand concerns as a travel boom may be fading.

Goldman Sachs reported disappointing fourth-quarter earnings.

U.S. stocks on Monday suffered their sharpest decline in months.

While some have tried to temper expectations, most economists are expecting "gangbuster" numbers from March's retail sales.

Despite the weather's effect, weekly jobless claims are rising at a slower pace than estimated

Markets rejoiced on the news of a possible vaccine and a now-peaceful transition from Trump to Biden.

For November, the Dow Jones Industrial Average is up 11% so far, but has managed only a 3% gain year-to-date.

Baird's Patrick Spencer said the index had more value than growth stocks and expects the former to outperform and the latter to stabilize.

The announcement marks Tesla's arrival as a consistently profitable company after building up losses in its first nine years as a public company.

Wall Street ended Election Day on a high while the surge was sparked by investor hopes that a clear winner would be declared in the presidential election and that a stimulus deal would be passed.

Wall Street on the mend after selloff in the last week of October.