Wall Street hangs near its records
Investors are watching retailer results for clues on consumer spending as inflation stays elevated and Treasury yields climb, FactSet said.
- U.S. stocks hovered near record highs on Monday as investors awaited profit reports from major retailers this week that could reveal how shoppers are navigating high inflation and a slowing job market.
- Wall Street has climbed to these record levels largely because profits are booming for big U.S. companies, with S&P 500 earnings per share on track to deliver roughly 50% growth from a year earlier.
- Reports last week indicated inflation cooled slightly, yet shoppers spent less at retailers last month; CEOs from Walmart, Target, and Home Depot may provide insights this week on consumer spending trends.
- Rising to 4.70% from 4.68% late Friday, the 10-year Treasury yield edged higher, pushing long-term U.S. mortgage rates toward their highest levels in a year and threatening to slow economic activity.
- Uncertainty surrounding the war with Iran continues to influence oil prices, which pressures inflation and raises the probability that the Federal Reserve will hike interest rates, potentially constraining broader economic growth.
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US stocks edge further from their record after oil prices rise - WXXV News 25
By STAN CHOE NEWYORK (AP) — U.S. stocks edged further from their record heights on Monday after rising oil prices cranked up the pressure on inflation and financial markets. The S&P 500 fell 0.5% but remains near its all-time high set Thursday. The Dow Jones Industrial Average dropped 272 points, or 0.5%, and the Nasdaq composite slipped 0.3%. Wall Street’s losses solidified in the afternoon when oil prices accelerated upward. The price for a …
Beckley Register-Herald
US stocks edge back from their record as oil prices rise
U.S. stocks are edging further from their record heights. The S&P 500 slipped 0.4% Monday but remains near its all-time high set on Thursday. The Dow Jones Industrial Average dipped 284 points, and the Nasdaq composite fell 0.3%. Wall Street…
US stocks hover near record highs as investors await retail earnings
New York, Aug. 17 (SANA) US stocks traded close to record levels Monday as investors awaited earnings from major retailers for further evidence of how high inflation and a slowing labour market are affecting consumer spending. The S&P 500 slipped 0.1% but remained near Thursday’s record high. The Dow Jones Industrial Average fell 209 points, or 0.4%, by midday, while the Nasdaq Composite gained 0.2%. Strong corporate profits have helped drive Wa…
MONEY & BUSINESS: US stocks hang near their record heights – One America News Network
By STAN CHOEUpdated 9:10 AM PDT, August 17, 2026 People walk past the Nasdaq MarketSite, Thursday, Aug. 6, 2026, in New York. (AP Photo/Yuki Iwamura) NEWYORK (AP) — U.S. stocks are drifting near their record heights on Monday, ahead of a week where profit reports from the nation’s biggest retailers could give a hint about how shoppers are dealing with high inflation and a slowing job market. The S&P 500 slipped 0.1% but remains near its all-time…
US stock market today: Wall Street near record highs; all eyes on corporate earnings, oil prices
The rally that has carried Wall Street to record levels has been fuelled largely by strong corporate profits. Companies in the S&P 500 are expected to post roughly 50% growth in earnings per share for the spring quarter compared with the same period a year earlier, according to FactSet.
U.S. stocks hang near their record heights
NEWYORK — U.S. stocks are drifting near their record heights on Monday, ahead of a week where profit reports from the nation’s biggest retailers could give a hint about how shoppers are dealing with high inflation and a slowing job market.
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