Stocks rally to finish best month since 2020, even as oil prices whipsaw
Alphabet led the way and rallied 10% after the owner of Google and YouTube reported profit for the latest quarter that almost doubled analysts’ expectations.
Alphabet led the way and rallied 10% after the owner of Google and YouTube reported profit for the latest quarter that almost doubled analysts’ expectations.
The U.S. stock market has jumped more than 12% since hitting a bottom in late March on hopes the United States and Iran can avoid a worst-case scenario for the global economy despite their war.
On Wall Street, strong profit reports from companies are helping to make up for worries about war.
Maryland-based Institutional Shareholder Services Inc. seeks to halt a new Indiana law that it alleges would violate the company’s right to free speech.
The next moves for oil prices will depend on how many oil tankers can start exiting the Strait of Hormuz and how easy their passage is.
President Trump swerved to deescalate the war less than two hours before the deadline he set for Tehran to capitulate to a deal or face attacks meant to destroy Iranian “civilization.”
Caution was prevalent throughout financial markets because of uncertainty about when the war with Iran could end.
Shares of the Facebook and Instagram parent are down 19% this month going into this week, putting them on pace for their worst performance since October 2022.
The S&P 500 slumped 1.7% for its worst day since January and is back on track for a fifth straight losing week.
A cautious relief swept through financial markets Monday after President Donald Trump said the United States has talked with Iran about a possible end to their war.
Uncertainty about the war has sent prices in financial markets careening up and down hour by hour this week, with most taking their cues from what the price of oil is doing.
For millions of Americans, their 401(k) or IRA is their largest financial investment, and many of those accounts are tethered to S&P 500 index funds.
U.S. companies are under pressure to deliver strong growth in profits to justify the runs to records their stock prices have made.
All of the major U.S. stock indexes posted double-digit gains in 2025, in a market driven by both optimism and uncertainty.
Materials stocks—a group of companies ranging from steelmaker Nucor Corp. and paint maker Sherwin-Williams Co. to packaging manufacturers including Smurfit WestRock Plc and Ball Corp.—are set to see earnings rise 20% in 2026.
After three years when the equity market’s rip-roaring run made a mockery of any bearish calls, sell-side strategists are marching in lockstep optimism for 2026.
The old ticker symbol is a holdover from OpenLane’s previous name, KAR Auction Services Inc. The new symbol debuts at the open of trading Dec. 26.
Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued.
The Carmel-based regional airliner had been a publicly traded company until April 2017, when it emerged from Chapter 11 bankruptcy as a privately held company.
The S&P 500 is still up more than 12% for the year and the tech-heavy Nasdaq is up more than 15%.