Dow soars 500 points, oil retreats as inflation data calms slumping Wall Street
Wall Street is on track on to break a four-day losing streak.


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Wall Street is on track on to break a four-day losing streak.

Victories for Sen. Darline Graham in South Carolina and Mike Mazzei in Oklahoma showed the president's backing still carries clout.
The S&P 500 snapped a three-session losing streak earlier in the day.

The stock is down 12.5% over the past week and on track to hit 11 days in the red, its longest-ever losing streak.

Plus, investors just found out when insiders can start dumping their shares.
SpaceX's stock plunged further on Friday, a day after it aborted a test flight for its Starship rocket at the last second.

Midland will consider a $150 million AST SpaceMobile manufacturing expansion that will create 1,800 jobs on July 20.
Shares of Salesforce posted their 14th consecutive day of losses as investors remain unconvinced of the company's AI momentum.
From Restore and tactical voting to questions over that £5m gift, the Reform leader faces challenges on several fronts. As those around Nigel Farage are fond o…


It might be a coincidence - or it might not. The New York Mets are on an 11 game skid since New York mayor Zohran Mamdani hugged the team's mascot. An apology…

Charlotte Howard, our New York bureau chief, on how to judge the president's failures
The stock market finally posted its first winning week since the U.S.-Iran war broke out.

U.S. stocks swung on Monday as oil prices kept climbing because of uncertainty about when the war with Iran could end.

Shares of Berkshire Hathaway have lost ground for eight consecutive days. It is their longest losing streak since December of 2018.

Stocks are heading for a fifth straight weekly loss as oil prices climb and mixed signals on Iran raise fears about inflation and growth.

Here are five key things investors need to know to start the trading day.

The moves come after the S&P 500 notched its third losing week in a row and closed at its lowest level of the year on Friday.

Amazon expects to spend $200 billion this year on AI initiatives, the company said when it reported earnings.

As shares of Amazon deepen into a bear market, investors are once again weighing if the company's spending plans will pay off.
The S&P 500 was relatively unchanged on Tuesday, a day after the index posted back-to-back losses.

Rail freight has been below 2024 levels for eight consecutive weeks, according to the Association of American Railroads. The post US rail freight extends weekl…

Tesla closes at new all-time high, Nasdaq snaps 3-day losing streak, labor market hiring outlook

For the first time in NFL history, there are five divisions being led by just one game or less. Charlotte Carroll, staff writer at The Athletic, joins CBS News…

Nio reports third-quarter results next week. After that the company will be in the hot seat, as it's set out to reach profitability by the fourth quarter.
Analysts say investors are rotating out of "laggard" Big Tech stocks in favor of momentum plays. They may also be spooked by Microsoft's higher AI spending.
Shares are mostly higher in Asia after Wall Street broke its three-day losing streak, trimming its losses for the week
(RTTNews) - The Singapore stock market has finished lower in five straight sessions, slumping more than 40 points or 1 percent along the way. The Straits Times…
(RTTNews) - The Singapore stock market has moved lower in three straight sessions, slumping more than 15 points or 0.4 percent along the way. The Straits Times…
After two earlier scrubs the massive rocket successfully lifted its spacecraft into orbit.
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