The Latest Breaking News from Stock Market

Futures rose, with crude oil and Treasury yields also up. Zendesk soared on a buyout. Li Auto, Alibaba led China stocks higher.

Top fund managers underperform stock market in woeful year

The stock market gained as low jobless claims numbers pointed to a tight job market in spite of ongoing recession fears.

As concerns about the potential interest rate hikes to contain inflation and other macroeconomic headwinds are anticipated to keep the stock market under pressure, it may be prudent to invest in shares of blue-chip companies to dodge the current market fluctuations. Quality blue-chip stocks ConocoPhillips (COP), Archer-Daniels-Midland (ADM), and The…

S&P Global purchasing managers index for June showed a drop to 51.2 in June from 53.6 in May.

The major stock market indexes have tumbled over fears of aggressive interest rate hikes by the Fed to control the multi-decade high inflation and an imminent recession. This market correction has led to shares of many economically-vital companies losing significantly. Shell (SHEL), Cheniere Energy (LNG), QUALCOMM (QCOM), AT&T (T), and…

Stocks opened higher, with Li Auto breaking out on hopes for more China EV subsidies. Elon Musk said Tesla's new plants are losing money.

The market rally rebounded from losses but gains faded. Five stocks from a hot sector are near buy points.

The stock market was mixed Wednesday as Fed Chairman Jerome Powell defended the Fed's monetary policy before Congress.