The S&P 500 rose on Monday as the benchmark tries to continue its comeback from correction territory following a four-week rout on Wall Street exacerbated by President Donald Trump's chaotic tariff policy rollout and falling consumer confidence. The broad market index gained 0.2%, while the Nasdaq Composite fell 0.3%. The Dow Jones Industrial Average advanced 237 points, or 0.6%, bolstered by gains in Walmart and International Business Machines Helping sentiment was the February retail sales report, as traders breathed a sigh of relief that the figures weren't worse. Retail sales...
Stocks rose on Monday, building on their comeback from a four-week rout on Wall Street exacerbated by President Donald Trump's chaotic tariff policy rollout and falling consumer confidence. The S&P 500 gained 0.64% to close at 5,675.12, while the Nasdaq Composite climbed 0.31% and ended at 17,808.66. The Dow Jones Industrial Average also advanced 353.44 points, or 0.85%, to end at 41,841.63. The 30-stock index was bolstered by gains in Walmart and International Business Machines.All three of the major averages posted back-to-back gains. "We're in a near-term counter-trend rally," Sam...
Asia-Pacific markets rose on Tuesday, tracking gains on Wall Street, which ticked up after U.S. retail sales data appeared to ease recession concerns. Investors will be keeping a close watch on Japanese markets, as the Bank of Japan kicks off its two-day monetary policy meeting on Tuesday. The central bank is widely expected to hold interest rates steady at 0.5% when the meeting concludes on Wednesday. The BOJ's two-day meeting coincides with the U.S. Federal Reserve, with the latter also expected to keep interest rates unchanged. Japan's benchmark Nikkei 225 started the day 1.34% higher,...