Wall Street regained its footing after concerns about the slowing U.S. economy spooked investors. Here's what to know.
Stocks in the the U.S. opened modestly higher on Tuesday as financial markets regained their footing after a sharp selloff on Monday. The Dow Jones Industrial Average, which fell more than 1,000 points yesterday, rose 282 points, or 0.7%, to 38,986 in early trade, while the S&P 500 gained 0.8% after suffering its worst one-day plunge in more than two years. The tech-heavy Nasdaq Composite climbed 0.4%. The steadier trading followed three days of market turmoil sparked by signs the U.S.
services businesses was a touch stronger than expected, led by the arts, entertainment and recreation sectors, along with accommodations and food services.The U.S. economy is still growing, and most economists don't expect recession. The U.S. stock market is still up a healthy amount for the year, with double-digit percentage gains for the S&P 500, the Dow and the Nasdaq.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street's smaller stocks roar a day after S&P 500's worst loss since 2022Wall Street’s split widened, as smaller stocks and other formerly unloved areas of the market rose while Big Tech stocks gave back more of their huge gains.
Read more »
Worries about the economy hit Wall Street, and the Dow drops nearly 500 pointsU.S. stocks tumbled after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting economic growth.
Read more »
S&P 500 futures are little changed as Wall Street awaits Fed decision: Live updatesMicrosoft shares tumbled in extended trading and traders awaited the Federal Reserve’s rate policy decision.
Read more »
Dow jumps 500 points as Wall Street claws back losses from the previous session: Live updatesStocks rose on Thursday as Wall Street attempted to recover from the worst session since 2022 for the S&P 500 and Nasdaq Composite.
Read more »
Dow surges nearly 500 points as Wall Street rebounds after tech routOn Wednesday, the Nasdaq and the S&P 500 logged their worst day since 2022
Read more »
Wipeout on Wall Street sends the S&P 500 down by 2.3% as Big Tech skidsThe profit reports from Tesla and Alphabet weren’t disasters, but they raised questions among investors about which other market heavyweights’ springtime results could fall short of expectations.
Read more »