Wall Street’s main stock indexes as some big banks dipped after reporting dour quarterly results and most megacap growth stocks and chipmakers receded.
Read More Wall St slips after big bank earnings
Category: Business
S&P, Nasdaq rise as fresh inflation data allays rate fears
A Labor Department report showed the PPI for final demand rose 0.2% in March, against forecasts of a 0.3% increase.
Read More S&P, Nasdaq rise as fresh inflation data allays rate fears
US consumer prices accelerate; seen delaying Fed rate cut
U.S. consumer prices increased more than expected in March as Americans paid more for gasoline and rental housing.
Read More US consumer prices accelerate; seen delaying Fed rate cut
US small-business sentiment slides to lowest level in more than 11 years
NFIB said its Small Business Optimism Index fell 0.9 point to 88.5 last month, the lowest level since December 2012.
Read More US small-business sentiment slides to lowest level in more than 11 years
S&P 500, Nasdaq choppy as higher bond yields weigh
U.S. stocks recorded weekly losses on Friday as traders scaled back expectations on the timing of rate cuts.
Read More S&P 500, Nasdaq choppy as higher bond yields weigh
US job growth blows past expectations; unemployment rate falls to 3.8%
U.S. employers hired far more workers than expected in March and continued to lift wages at a steady clip.
Read More US job growth blows past expectations; unemployment rate falls to 3.8%