Wall Street rides longest rally in year and a half
Stocks rise as S&P 500 gains 1.2 percent and Dow climbs 428 points while Nasdaq adds 1.1 percent. Lennar leads with 4.4 percent rise after solid quarter results and cautious guidance amid higher rates. Fed signals possible two more hikes this year. data on retail sales unemployment claims temper mixed signals on the economy.
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Wall Street
New York
Lennar
Federal Reserve
Fed
Mike Loewengart
Morgan Stanley Global Investment Office
Treasury
Biden pushes to end junk fees across major firms
President Biden highlighted progress in eliminating hidden charges as a win for consumers. At the White House he lauded Live Nation, Airbnb and SeatGeek for adopting upfront all-in pricing, with Ticketmaster and other partners offering transparent totals. Executives pledged to display full costs to help families save money.
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Washington
Joe Biden
White House
Live Nation
Airbnb
Biden
Beverly Hills
California
Ticketmaster
SeatGeek
New York
National Economic Council
Lael Brainard
South Court
White House Complex
West Coast dockworkers reach tentative six year contract
The ILWU and PMA announce a tentative six year deal for about 22 000 dockworkers across 29 ports from Washington to California after more than a year of negotiations. Ratification by both sides is required. details were not disclosed.
MENTIONED IN THIS ARTICLE
San Francisco
International Longshore and Warehouse Union
Pacific Maritime Association
Maersk
Evergreen Marine
PMA
Washington State
California
LWU
James McKenna
ILWU
Willie Adams
West Coast
U.S
Joe Biden
Los Angeles
George W. Bush
Barack Obama
Washington
NYMX
New York Mercantile Exchange
Chicago Board of Trade
CME
Chicago Mercantile Exchange
ICE
Intercontinental Exchange
AmrcnBalAm
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Invcamrca m
Dodge & Cox Incl
Dodge & Cox Stil
Fidelity 500IdxInsPrm
Fidelity BC Growth
Fidelity Contrafund
Fidelity Group
Fidelity
NL Fidelity
Schwab Sp500idx
Vanguard
Vanguard Diversav Vanguard EqIncAdmrl
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Vanguard InsidxIns
Vanguard InsidxInsPlus
Vanguard Tibmidxadmil
Doe
SEC
The
Associated Press
Retail sales rise 0.3 percent as inflation eases
Americans boosted spending at retailers last month despite high inflation and higher borrowing costs. The Commerce Department reports a 0.3 percent May gain from April, led by auto and parts dealers with a 1.4 percent rise, online sales up 0.3 percent, and restaurants up 0.4 percent. Core sales excluding autos and gas rose 0.4 percent.
MENTIONED IN THIS ARTICLE
New York
Commerce Department
Fed
Also Mentioned on This Page
Stan Choe
Damian J. Troise
John Vail
Nikko Asset Management
Mey
Union OF West Coast Dockworkers
Long Beach
Anne D’innocenzio
the Market IN Review
Dow Jones
S&p
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nasdaq
Wilshire
Russell
Naspaaq
CorvusPh
SoFiTech
Intel
Apple Inc
Suncara
Cuentas Rs
Carnival
WheelUp Rs
Wileyja
Fordm
FagiMot
Icosavax
Amazon
AMC
Newell Br
NiSource
At&t Inc
Nikola
Northropg
Alibaba
Nvidia
Oracle
Améirlines
OwensCorn
BcoBrad
BkofAm
Palantir
BarrickGld
PayPal
PepsiCo
Carvana A
Petrbra A
Cedarf
Petrobras
Cisco
Coca Cola
Pfizer
PlugPowr H
EveloBio
ExxonMbl
RiviaAu A
Scworx H
FardyFuln
FirstEngy
Shrwin
Smucker
GenElec
Snapinc A
SonicFdry HomeDp
HuntBnesh
SwsinEngy
Target
Qlyl
Teslas
Deanom If
TevaPhrm
Ntel
TilrayBr
Fauunh
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Uber Tch
Kohls Keycorp
US Banerp
UntySttw
Kroger
Vale SA
LincNat
VerizonCm
LucidGrp
LumenTch
VIQ
Sol H
Yit Inc
VirgiGal
MarathDig
WalMart
McDalids
Wbrodisc
WeWork
Mersana
Meta PLC
WellsFargo
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