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Stock market today: Wall Street slips as S&P 500 heads for its worst week since April

NEW YORK (AP) — U.S. stocks are slipping Friday, as businesses around the world scramble to contain the effects of a disruptive technology outage.The S&P 500 was 0.6% lower in afternoon trading, a day after a widespread wipeout dragged down much of the market, and it’s on track to close its worst week in months. The Dow Jones Industrial Average was down 384 points, or 1%, as of 1:57 p.m. Eastern time, and the Nasdaq composite was 0.8% lower.The moves came as a major outage disrupted flights, banks and even...
Stock Market

Stock market today: Wall Street holds a bit firmer following Wednesday’s rout for tech stocks

NEW YORK (AP) — Wall Street is holding a bit steadier Thursday following the worst day for big technology stocks since 2022. The S&P 500 was virtually unchanged in midday trading, and the Nasdaq composite was edging down by 0.2% a day after tumbling 3.7%. The Dow Jones Industrial Average was also roughly flat, as of 11:05 a.m. Eastern time.Much of the prior day’s pain centered on stocks of chip companies, hurt by possible trade tensions with China and other worries. But they stabilized somewhat as industry giant Taiwan Semiconductor...
Stock Market

Stock market today: Wall Street, global markets sink on report US might tighten tech curbs on China | Business & Finance

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Stock Market

Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit record

Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. U.S. futures were mixed and oil prices were little changed.In Tokyo, the Nikkei 225 index gave up early gains to shed 0.4% to 41,095.23. Reports said the Finance Ministry might have intervened in the currency market last week, buying nearly 6 trillion yen ($37 billion) to support the yen.The U.S. dollar rose to 158.42 Japanese yen from 158.34 yen on...
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