U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market. The Dow Jones Industrial Average rose 260 points to hit an all-time high. The S&P 500 gained 0.9%, also reaching an intraday record. The Nasdaq Composite […]

U.S. stocks rose on Wednesday as investors digested the first batch of corporate earnings. The S&P 500 gained 0.2% after closing at a record high in the previous session. The Dow Jones Industrial Average gained 180 points. The Nasdaq Composite traded up 0.2%. Shares of Goldman Sachs climbed 3% after the bank blew past analysts’ […]

The Coinbase cryptocurrency exchange application seen on the screen of an iPhone. Getty Images Bitcoin surged to a fresh record high of more than $63,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange Coinbase. The price of bitcoin climbed as high as $63,236, according to data from Coin Metrics, before […]

U.S. stocks held steady near record levels on Monday as muted trading resumed before the first-quarter earnings season and the release of widely-watched inflation data. The S&P 500 dipped less than 0.1% from a closing high hit in the previous session. The Dow Jones Industrial Average slipped 20 points, while the Nasdaq Composite fell 0.2%. […]

A man wears Levis Strauss & Co. clothing during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, March 21, 2019. Jeenah Moon | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Levi Strauss – Shares of the retailer jumped […]

U.S. stocks climbed to record levels and closed out Friday at their session highs as Wall Street wrapped up the week with solid gains amid rising reopening optimism. The Dow Jones Industrial Average rose 297.03 points to 33,800.60, notching a record closing high. The S&P 500 gained 0.8% to 4,128.80, hitting its third straight record […]

JPMorgan Chase boosted the number of Black and female college students selected for investment bank internships by leaning on technology platforms that help the firm broaden out its campus recruiting efforts, CNBC has learned. The company said that 18% of its corporate and investment bank summer interns in North America are Black this year, a […]

Pedestrians pass in front of a Charles Schwab bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images The pandemic spurred a flood of new retail investors into the stock market, and a survey from Charles Schwab attempts to estimate the size of this new generation of traders. The broker found that […]

U.S. stocks were little changed Wednesday, with the S&P 500 hovering near its record high as investors awaited details from the Federal Reserve’s last policy meeting. The Dow Jones Industrial Average rose 20 points. The S&P 500 gained 0.1% and the tech-heavy Nasdaq Composite edged 0.1% lower. Shares of reopening plays airlines and cruise lines […]

Goldman Sachs, Starbucks and a range of other organizations across the U.S. announced Tuesday a collaborative effort aimed at narrowing the racial wealth gap between Black and white Americans. The initiative, called NinetyToZero, also includes the American Civil Liberties Union, the Wharton School of the University of Pennsylvania and the Robin Hood foundation as backers. “A […]