Henry Schein forecast annual profit below Wall Street estimates on Tuesday as the dental and medical products distributor faces tepid demand amid persistent inflation.
Stay ahead this week with updates on Nvidia earnings, key inflation data, and GDP insights. Discover market trends and top earnings reports.
NEW YORK (AP) — Wall Street is drifting toward the close of its worst month since April, and U.S. stock indexes are mixed following an economic report highlighting both encouraging and discouraging trends.
The S&P 500, Nasdaq, and Dow Jones Industrial Average each faced significant volatility, reflecting broader concerns about inflation, tariffs, and a cooling U.S.
The Standard & Poor’s 500 finished an iota higher, less than 0.1%, after surrendering virtually all of its early gain of 0.9%. But that was just enough to break a four-day losing streak that had knocked the index off its all-time high.
U.S. stocks climbed on Friday after the latest inflation report aligned with forecasts, offering some relief to investors at the close of a turbulent week and month. The S&P 500 rose 0.3 percent, while the tech-heavy Nasdaq Composite gained 0.4 percent. The Dow Jones Industrial Average added 160 points, or 0.44 percent.
Inflation probably isn't going back to 2% without a recession, according to Barry Bannister, Stifel's top stock strategist.
Wall Street is pointing to gains before Thursday’s opening bell and ahead of government data being released this week on layoffs and inflation. Futures for the S&P 500 rose 0.6% while futures ...
Even unfilled tariff threats are beginning to alter consumer and business behavior, with markets stumbling on news of yet more sanctions on China.