The Dow Jones Industrial Average hit a new record high, topping 45,000 for the first time and making a run for its 47th record close, before falling on Wednesday afternoon.
Read More Dow Hits 45K Before Falling as Wall Street Struggles Amid ‘Tech Stock Slump’
The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer spending increased more than expected in September.
Read More Weekly jobless claims at five-month low; consumer spending rises solidly
The S&P 500 rose and the Dow hit a record high on Friday, driven by gains in major banks following third-quarter results.
Read More S&P 500, Dow rise on boost from big bank earnings
Wall Street’s main indexes opened higher on Tuesday, as investors shifted their attention to the upcoming third-quarter earnings season and inflation data for hints on the Federal Reserve’s future rate decisions.
Read More S&P 500, Nasdaq rise as investors focus on inflation data, Q3 earnings
The Pelosi’s are back making major moves in the stock market. The husband of the 52nd speaker of the House, Paul, unloaded over $500,000 worth of Visa stocks less than three months before the massive credit card company was hit with federal antitrust charges, according to public documents.
Read More Paul Pelosi Sold Over $500K in Visa Stocks Weeks Before DOJ Antitrust Lawsuit
Billionaire hedge funder John Paulson has claimed he will remove his money from the U.S. markets if Vice President Kamala Harris stays in the White House for another four years in the upcoming November presidential election.
Read More Billionaire John Paulson Vows to Pull Investments from Stock Market if Harris Wins Presidency