Carmel-based health tech firm to delist from Nasdaq
Syra Health Corp. plans to offer stock on the over-the-counter market after the company failed to meet Nasdaq Stock Market’s price requirements for its shares.
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Wall Street tumbles on worries about slower economy and higher inflation
The S&P 500 is down more than 5% this year and is on track for its first losing quarter since September 2023.
A 10% drop for stocks is scary, but isn’t that rare
The U.S. stock market has just dropped 10% from its high set last month. Wall Street has a name for such a decline: a “correction.”
Stocks’ sell-off worsens as Wall Street wonders how much pain Trump will accept for the economy
It was the worst day yet in a scary stretch where the S&P 500 has swung more than 1%, up or down, seven times in eight days.
Stock sell-off worsens as Wall Street wonders how much pain Trump will accept for economy
The worry is that the whipsaw moves will either hurt the economy directly or create enough uncertainty to drive U.S. companies and consumers into an economy-freezing paralysis.
Kite Realty sees quarterly rise in revenue, profit
The Indianapolis-based retail real estate investment trust reported fourth-quarter funds from operations that met analyst expectations.
What is DeepSeek, the Chinese AI company upending technology stocks?
DeepSeek’s AI assistant became the No. 1 downloaded free app on Apple’s iPhone store Monday, propelled by curiosity about the ChatGPT competitor.
Wholesale inflation rises on higher energy costs
The overall increases were slightly less than economists had forecast. U.S. markets leapt higher immediately on the new inflation data.
Stocks surged in 2024 even as Americans fretted over the economy
The S&P 500 and Nasdaq composite index rose to record highs, as investor enthusiasm for artificial intelligence fueled a massive bull run, and investors cheered the Fed’s shift to lower interest rates.
Wall Street indexes lose ground on final day of huge year
U.S. markets’ stellar run this year has been driven by a growing economy, solid consumer spending and a strong jobs market.
How the stock market defied expectations again this year, by the numbers
U.S. stocks soared higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. Here’s a look at some of the numbers that defined the year.
Lilly stock caught up in wave of uncertainty
After a stunning 703% run-up in price over the past five years, shares of Eli Lilly and Co. have been on a roller-coaster ride since September.
U.S. stocks fall sharply after Fed hints at just two rate cuts for 2025
The S&P 500 tumbled 2.9%, the Dow Jones Industrial Average lost 2.6%, and the Nasdaq composite dropped 3.6%.
Walmart’s 82% surge in stock price leaves competitors in dust
Analysts and investors are betting that further market-share gains and contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.
Late in his term, Biden supports ban on congressional stock trading
For years, bipartisan groups of lawmakers have pushed legislation to ban or limit congressional stock trading. Biden previously declined to take a position on the issue.
Trump to be honored as Time’s person of the year
President-elect Donald Trump also will ring the opening bell at the New York Stock Exchange.
IBJ Podcast: Josef Newgarden, Indy 500 champ and avid investor, also races against S&P 500
Newgarden enjoys being a hands-on caretaker of his financial life, including managing his investment portfolio. He says if he weren’t a racer, “I think I’d be an equity trader or some kind of strategist.”
Rebounding banks see tailwinds ahead
After a tough 2023, most publicly traded banks in the Hoosier state have seen at least a partial rebound in their stock prices this year.
Dow sees biggest single-day gain in two years as Wall Street applauds election results
Trump’s victory and the possibility of a Republican sweep of government buoyed investor hopes that his reelection could usher in an era of loosened government regulation and lower taxes, analysts said.
Elevance shares tumble on reduced forecast, Medicaid woes
The Indianapolis-based health insurance giant said Thursday that its Medicaid enrollment tumbled 19% from 11 million people in last year’s third quarter.