Stock market Coverage

Dow jumps nearly 500 points after softer-than-expected jobs report fuels hopes of an earlier rate cut

US socks soared higher Friday morning after new data showed that US job growth slowed considerably last month.

Apple's quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news

Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic's outset, deepening a slump that's increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence.

Stocks close higher after softer-than-expected jobs report fuels hopes of an earlier rate cut

New York (CNN) — US stocks soared Friday after new data showed that US job growth slowed considerably last month.

By Nicole Goodkind, CNN

Tesla's stock leaps on reports of Chinese approval for the company's driving software

NEW YORK (AP) — Shares of Tesla stock rallied Monday after the electric vehicle maker's CEO, Elon Musk, paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving software.

Fact check: Buttigieg says stock market set records under Biden but not Trump

The S&P 500 recently hit all-time highs under President Joe Biden, as it had several times earlier in his tenure. But the S&P 500 also set multiple records during Donald Trump's presidency, including after the coronavirus pandemic hit.

Louis Jacobson, PolitiFact reporter

Trump's social media company to start trading on the Nasdaq on Tuesday

Former president Donald Trump is set to own most of the combined company — or nearly 79 million shares. Multiply that by Digital World’s closing stock price Friday of $36.94, and the total value of his stake could be nearly $3 billion.

Reddit, the self-anointed 'front page of the internet,' soars in Wall Street debut

Reddit, which priced its IPO at $34 a share, debuted Thursday afternoon at $47 a share. At the close of trading, it was up 48% at $50.44, backing off a peak of $57.80.

How they voted: NC congressional votes for the week ending March 13

A look at how North Carolina members of Congress voted during the previous week.

Targeted News Service

Here's how Reddit plans to price shares when it goes public

New York (CNN) -- Reddit on Monday said it expects to price shares between $31 and $34 each when it makes its long-anticipated initial public offering, which will make it the first social media company to go public in years.

By Clare Duffy, CNN

Texas man eavesdropping on wife's phone calls faces criminal charges -- and divorce -- after $1.76 million insider trading plot

New York (CNN) -- A Texas man is facing insider trading charges and jail time after he used information gleaned from eavesdropping on his wife's work-from-home calls, netting him $1.76 million from an upcoming oil industry acquisition.

By Krystal Hur, CNN

Amazon joins 29 other ‘blue chip’ companies in the Dow Jones Industrial Average

The e-commerce pioneer took its position among the 30-company Dow before the open of trading Monday, replacing drugstore operator Walgreens Boots Alliance.

Amazon to be added to the Dow Jones Industrial Average, replacing Walgreens Boots Alliance

Amazon.com Inc. is being added to the Dow Jones Industrial Average, joining Apple, Walt Disney, Walmart and other companies that make up the 30-stock average.

China limits short-selling in latest effort to stem a stock market rout

China’s top securities regulator has limited short-selling, in its latest effort to stem a protracted $6 trillion-dollar stock market rout that began in 2021.

These 7 tech stocks are driving the market

Since the index hit its latest low in October 2022, seven stocks — Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla — have collectively risen more than 110%

These 7 Tech Stocks Are Driving the Market

The S&P 500 is at a new high, and investors have just a handful of stocks to thank for it.

Karl Russell and Joe Rennison, New York Times

Stocks climb to record, lifted by big tech and rate cut hopes

The stock market broke through to new heights Friday, with the S&P 500 index finally hitting a record after weeks of bumping up against its previous peak.

Joe Rennison and J. Edward Moreno, New York Times

Boeing stock plunges as Alaska Airlines incident adds to woes

Shares in Boeing fell as much as 8.6% in pre-market trade on Monday, wiping nearly $13 billion off the company’s stock market value, as investors grow worried about damage to its business after a piece of fuselage on a Boeing 737 Max 9 blew out mid-flight.

Downturn or Not? At Year’s End, Wall Street Is Split on What’s Ahead.

Twelve months ago, Tom Lee bet that 2023 was going to turn out just fine.

Joe Rennison, New York Times

Taking the long view pays off for Buffett, Berkshire Hathaway – again

Profits rebounded at Warren Buffett’s conglomerate along with the value of its $353 billion stock portfolio in the second quarter to hit $35.9 billion, and many of Berkshire Hathaway’s assorted businesses also performed well, led by strong results in its core insurance businesses, particularly Geico.

Investors looking at earnings - not inflation - for opportunity

Over the past few weeks investors have been squarely focused on inflation and Fed policy, but now market reactions are getting bigger for earnings.

Former U.S. Sen. Richard Burr cleared in SEC investigation into 2020 stock trading

Sen. Richard Burr's lawyer said the U.S. Securities and Exchange Commission completed an inquiry into early-pandemic stock trades without taking action.

SEC drops Burr stock trade investigation, retired U.S. senator says

Sen. Richard Burr's lawyer said the U.S. Securities and Exchange Commission completed an inquiry into early-pandemic stock trades without taking action.

Travis Fain, WRAL state government reporter

Goodbye 2022 -- and good riddance. Markets close out their worst year since 2008

Wall Street has said goodbye -- and good riddance -- to 2022, a year most investors would rather forget.

By Nicole Goodkind, Julia Horowitz and David Goldman, CNN

Rich get richer: Warren Buffett is beating the market this year

Warren Buffett has no reason to be worried about the approximately 15% drop of the S&P this year. His portfolio is up - big.

Wall Street welcomes back 'greed' as investors turn back to stocks

Many investors are still nursing losses for the year. But stocks have come roaring back to life in the past few weeks. What's happening in the stock market?