The S&P 500 index edged down 0.4% this week as several big banks began the quarterly earnings season with weaker-than-expected revenue. The S&P 500 ended Friday's session at 6,940.01. Despite the slight weekly drop, the market benchmark is up 1.4% this month. JPMorgan Chase, Wells Fargo, and Citigroup were among the banks that disappointed investors this week. JPMorgan and Wells Fargo both surpassed expectations for Q4 adjusted earnings per share, but revenue missed Street vi

The S&P 500 index rose 1.6% this week to a fresh closing high in a broad climb led by the consumer discretionary sector. The S&P 500 ended Friday's session at 6,966.28, its highest closing level ever. The market benchmark also reached an intraday record on Friday at 6,978.36. Shares of homebuilders and other companies connected with the housing market were among the S&P 500's top weekly gainers after President Trump said he was instructing his "representatives" [i.e., Bill Pu

The S&P 500 index shed 1% this week as the market benchmark transitioned to 2026 following its third consecutive year of double-digit percentage gains. The S&P 500 ended at 6,858.47 on Friday, up 0.2% in its first trading session of the new year but down from last week's close. The index locked in a 16% gain for 2025 on Wednesday. Trading was closed on Thursday for New Year's Day. The index edged down 0.05% in December but still added 2.3% in Q4, marking its third consecutive

T he S&P 500 index slipped 0.6% this week, weighed down by the communication services and technology sectors amid concerns about the artificial-intelligence boom. The S&P 500 ended Friday's session at 6,827.41. The index is now down 0.3% for the month but up 16% for the year with just a few weeks remaining in 2025. The Federal Reserve's Federal Open Market Committee on Wednesday reduced its benchmark lending rate by 25 basis points amid continued concerns about the health of