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Dow Ends Higher After UnitedHealth Gains
The blue-chip Dow Jones ended higher after hitting an intraday record high Friday, as UnitedHealth's shares jumped after Berkshire Hathaway raised its stake, but other Wall Street indexes slipped as mixed data clouded the Federal Reserve's next monetary policy move.
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Wall St Coasts to the Finish of a Record-Setting Week
U.S. stocks are hanging around their record levels Friday as Wall Street heads toward the finish of another winning week.
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Dow Hits Record at Open on Rate-Cut Optimism
The blue-chip Dow opened at a record high Friday, as UnitedHealth's shares jumped after Berkshire Hathaway raised its stake in the health insurer, while expectations of an interest rate cut in September also lifted the mood.
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UnitedHealth Jumps 12% on Berkshire's New Stake
Shares of UnitedHealth Group surged more than 12% in premarket trading Friday after Warren Buffett's Berkshire Hathaway revealed a new investment in the health insurer.
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Berkshire Acquires 5M Shares in UnitedHealth
Warren Buffett's Berkshire Hathaway has acquired 5 million shares in UnitedHealth Group, a regulatory filing showed Thursday, sending the health insurer's stock up 7% in extended trading.
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Wall Street Ends Flat, But S&P Hits Another Record
Wall Street's main indexes were mixed Thursday with S&P 500 edging up to a closing high, while Dow Jones and Nasdaq were flat, after a hotter-than-expected producer prices report dampened expectations of potential interest-rate cuts.
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Apple Rejects Musk Claim of App Store Bias
Apple Thursday rejected Elon Musk's claim that its digital App Store favors OpenAI's ChatGPT over his company's Grok and other rival AI assistants.
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Tapestry Forecasts Profit Under Estimates on Tariff Pain
Tapestry forecast annual profit below estimates Thursday, as the Coach handbag maker expects higher costs due to tariff to hit its margins, sending its shares down 14.76% in midday trading.
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Wall Street Slips as Rate-Cut Bets Waver
Wall Street's main indexes declined Thursday, after a hotter-than-expected producer prices report dampened investor expectations of potential interest-rate cuts by the Federal Reserve this year.
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S&P 500, Nasdaq Hit New Highs on Rate Cut Hopes
The benchmark S&P 500 and Nasdaq indexes hit new closing highs for the second straight day Wednesday on hopes that the Federal Reserve was getting close to a monetary easing cycle.
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Treasury Yields Fall on Bets for a September Rate Cut
U.S. Treasury yields fell Wednesday as traders raised bets that the Federal Reserve will resume interest-rate cuts in September and after a backup in longer-dated yields on Tuesday attracted foreign buyers.
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3 Hidden Gem Dividend Growth Stocks
Many income investors are familiar with dividend growth stocks such as the Dividend Aristocrats, which are a group of 69 stocks in the S&P 500 Index that have raised their dividends for at least 25 consecutive years.
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Stocks Climb to Record Highs on Rate Cut Hopes
The benchmark S&P 500 and the Nasdaq hit record highs Wednesday, underpinned by gains in megacap companies as investors were increasingly confident that the Federal Reserve could restart its monetary policy easing cycle next month.
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Bessent: Fed Cut Near Certain After Inflation Data
The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation increasing at a moderate pace in July and Treasury Secretary Scott Bessent said he thought an aggressive half-point cut was possible given recent weak...
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Refis Surge as 30-Year Mortgages Drop to 6.67%
The interest rate for the most popular U.S. home loan dropped to 6.67% last week, the lowest rate since early April, triggering a rush of homeowners seeking to lock in cheaper financing on existing mortgages but doing relatively little to draw new homebuyers into the...
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Morning Bid: Stocks Soar, Volatility Evaporates
U.S. July inflation data didn't sound the all-clear on tariffs but also didn't send an unequivocal signal about the longer-term impacts either - and that seemed to be enough to goose Fed easing expectations, spur Wall St stocks to new records and sink volatility...
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World Shares Charge Higher After US Stocks Hit Records
Shares charged higher Wednesday in Europe and Asia after U.S. stocks hit new records when data showed inflation across the United States improved slightly last month.
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S&P 500, Nasdaq Reach Records on Rate Cut Hopes
The S&P 500 and the Nasdaq ended at record closing highs on Tuesday, as news that July inflation rose broadly in line with expectations bolstered bets on a Federal Reserve interest rate cut next month.
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S&P 500 Reaches Record High on Inflation Report
Wall Street's main indexes rose Tuesday, with the S&P 500 and the Nasdaq at record highs after data showed inflation rose broadly in line with expectations in July, bolstering expectations that the Federal Reserve could lower interest rates next month.
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How Much Income Can You Get From an Indexed Annuity? An Annuities Expert Lays Out the Numbers
Here's a detailed look at indexed annuities with an income rider and the factors that determine your future payout.
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Wall Street Slips as Investors Await Inflation Data
Wall Street's main indexes ended lower Monday as investors anxiously await inflation data this week to assess the outlook for interest rates and eye U.S.-China trade developments.
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Bullion Markets Breathe Sigh of Relief on No Tariffs
U.S. President Donald Trump Monday said he would not impose tariffs on gold -- a move welcomed by global bullion markets and which ended days of speculation that the yellow metal could be caught up in the ongoing global trade spat.
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Trump Says Gold 'Will Not Be Tariffed!'
President Donald Trump pushed back Monday against reports that his administration imposed tariffs on imported gold bars. "Gold will not be Tariffed!" he posted on Truth Social.
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Paramount to Become Exclusive US Home for UFC in $7.7B Deal
Skydance-owned Paramount will become the exclusive U.S. home of Ultimate Fighting Championship under a seven-year media rights deal valued at about $7.7 billion, marking the first major strategic move by the merged media giant under new CEO David Ellison.
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The Return of Private Money
American Dream Meets European Nightmare