Tag: S and P

S&P falls for seventh day, suffers biggest weekly plunge since 2008 crisis – Reuters

The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial crisis on growing fears the fast-spreading coronavirus could push the economy into recession, although stocks regained some ground right at the end of a volatile session.
— Read on www.reuters.com/article/us-usa-stocks/sp-falls-for-seventh-day-suffers-biggest-weekly-plunge-since-2008-crisis-idUSKCN20M34Y

S&P 500 posts biggest daily gain in two months as rebound continues – Reuters

The S&P 500 registered its largest one-day percentage gain in about two months on Thursday, with technology shares providing the biggest boost as equities continued to rebound along with bond yields.
— Read on www.reuters.com/article/us-usa-stocks/sp-500-posts-biggest-daily-gain-in-two-months-as-rebound-continues-idUSKCN1UY1EV

Stocks close higher, S&P 500 hits 3,000 for the first time as Fed chief signals rate cut ahead

Stocks jumped to record highs after testimony from Fed Chair Jerome Powell bolstered the case for easier monetary policy in the U.S.
— Read on www.cnbc.com/2019/07/10/stock-market-fed-chair-powells-testimony-in-focus-on-wall-street.html

These stocks have led the S&P 500’s five-year run to 3,000 from 2,000

The S&P 500 jumped above 3,000 for the first time, nearly five years after the index hit 2,000. These are the stocks that powered the historic rally.
— Read on www.cnbc.com/2019/07/10/these-are-the-stocks-that-have-led-the-sp-500s-five-year-run-to-3000-from-2000.html

S&P 500 breaks through 3,000 following Powell comments – Reuters

The benchmark S&P 500 briefly crossed the 3,000-point mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell boosted the case for an interest rate cut later this month.
— Read on www.reuters.com/article/us-usa-stocks/sp-500-breaks-through-3000-following-powell-comments-idUSKCN1U51CX