The music streaming service debuts with a market value of $77 billion despite being unprofitable and facing competitors with deep pockets.
stock market
Stock market investors no longer feeling immune to Trump’s actions
They can’t brush aside politics when changes such as steel tariffs and tax reform start affecting corporate profits.
Stock market lifts U.S. household wealth to $98.7 trillion
Home values, which make up the bulk of middle-class wealth, increased $500 billion in the last quarter.
Reacting to plan for new U.S. tariffs on steel and aluminum, Dow drops 420 points
The day starts with good news on the economy, then a big slide puts the Dow in the negative for 2018.
Powell says Fed believes rates can go up gradually
The central bank chairman clarifies his comments earlier in the week that sent the market lower.
Stocks finish on the upswing after a day of seesaw trading
Money managers urge investors to keep calm and note that the U.S. and global economies remain strong.
Can anything stop the stock market’s relentless rise?
Few see a sharp reversal for stocks anytime soon, but many potential potholes lie ahead.
Johnson & Johnson reports strong quarter but takes $10.7 billion tax hit
The loss was expected and the company’s adjusted results beat Wall Street expectations, but the share price still falls more than 4 percent.
U.S. stock markets open year with run of solid gains
Tech and health care companies lead the way, and the Nasdaq surges above 7,000, a record.
Energy companies lead stocks lower
The biggest drop in crude prices since October weighs on oil producers.