Tuesday, February 28, 2023

Stocks fall for the month as choppy trading persists

  • Stocks fall for the month as choppy trading persists

    Traders wrapped the month of February in what was a choppy session as stocks ended mixed. Still, for the month the S&P 500 and Dow Jones Industrial Average posted losses, while the tech-heavy Nasdaq Composite fell the least. Investors continue to wrestle with high inflation ahead of more rate hikes driving higher bond yields. In commodities, oil fell for the fourth straight month down 2.3% to $77.05 per barrel.

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Biden picks next labor secretary nominee

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FAA investigating 'close call' between JetBlue flight, Learjet at Boston airport

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Monday, February 27, 2023

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Nasdaq leads stock rally, Target on tap Tuesday

  • Nasdaq leads stock rally, Target on tap Tuesday

    U.S. stocks posted modest gains on Monday led by consumer discretionary and industrial companies as investors await a slew of retail earnings from the likes of Target, due Tuesday and Costco, out Thursday. In commodities, oil slipped 0.8% to $75.68 per barrel.

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