Stocks jump as the Senate takes steps to end the government shutdown
Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
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Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
Investors still expect a September interest-rate cut despite President Trump move to oust Fed official Lisa Cook.
Wall Street rallied on Friday after Federal Reserve Chair Jerome Powell signaled a rate cut could be on the horizon.
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
The S&P 500 and Nasdaq both hit new record highs earlier on Friday, led by news of the trade deal between the U.S. and China. However, the numbers closed mixed after the president pulled the plug on trade talks with Canada. MarketWatch tech and investing reporter Laila Maidan has more.
Wall Street experts break down what's behind the market rebound as S&P 500 and Nasdaq approach record highs.
Stock market futures climbed and oil prices fell Tuesday, a sign Wall Street expects geopolitical risks to recede.
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike targeting Iran's nuclear facilities.
The stock market rallied on Tuesday following President Trump's announcement that he would delay a 50% tariff on goods from the European Union. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
The markets closed lower Friday after President Trump threatened to impose a 25% tariff on Apple and 50% tariff on the European Union.
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
Stock futures slide as investors absorb news of Moody's U.S. credit downgrade.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Trading was mixed Friday as concerns about the U.S. economy offset signs that the Trump administration will de-esclate its trade war.
Investors hope the U.S.-U.K. trade agreement is a preiude to more deals, although Wall Street analysts say to expect more volatility.
After sliding in early trade, stocks rebounded as investors shrug off data pointing to economic slowdown.
Financial markets are likely to remain choppy until investors get more clarity on U.S. trade policy, Wall Street analysts say.
Futures were up overnight, but lost steam early Friday as equities came under renewed selling pressure.
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
After a 2-day relief buoyed investor confidence, futures slipped signaling a weaker start to the day on Wall Street.
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on Jerome Powell.
The stock and bond markets are closed for Good Friday, but will reopen on Monday, following the Easter holiday.
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
The decision by eight Democratic senators to embrace a deal to end the government shutdown has infuriated many members of the party.
The Senate returns on Monday to continue work on a bipartisan deal to end the government shutdown, now on Day 41. Follow live updates here.
Airlines are expected to cancel 4% of Monday's flights at 40 of the busiest airports in the U.S. to comply with an order from the FAA.
"You need to begin right now returning to the Hill," House Speaker Mike Johnson told House members on Monday, ahead of a potential
President Trump on Sunday floated the idea of tapping his administration's tariff revenue to send checks to most Americans.
The Supreme Court rejected a bid by former Kentucky county clerk Kim Davis to overturn its landmark decision on same-sex marriage.
The Senate deal to end the government shutdown would extend funding through January and promise Democrats a vote on health care.
Ghislaine Maxwell, Jeffrey Epstein's sex trafficking co-conspirator, is planning to apply for a commutation of her 20-year prison sentence, House Judiciary Committee Democrats say.
In an interview with CBS News, FDA Commissioner Dr. Marty Makary explains what went into the decision to drop the most serious warnings on hormone therapy for menopause.