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2 mins read
Stock market today: S&P 500 hits 4-day winning streak as stocks rise after latest inflation data
Indexes rose Thursday as investors took in new inflation data, with the producer price index rising…
Kelly Cloonan
2 mins read
Zillow stock tumbles as short seller predicts 60% downside from competition and legal headwinds
Shares of the real estate company declined 5.7% after Spruce Point raised questions about challenge…
Phil Rosen
2 mins read
Stock market today: Dow soars 654 points as traders celebrate inflation data
Stocks snapped a three-day streak of losses after June's inflation data came in line with expectati…
Filip De Mott
1 min read
Stock market today: US indexes drop as investors sour on pace of Fed rate cuts
The 10-year Treasury yield hit its highest level since November as traders readjust to a Fed rate c…
Filip De Mott
1 min read
Real estate stocks plunge as NAR agrees to landmark settlement that rewrites rules on commissions
The $418 million settlement will effectively eliminate the long-standing 6% commission, which has b…
Phil Rosen
2 mins read
US stocks trade mixed as investors brace for January inflation data
If the January CPI report shows inflation continued to decline, it could push the Federal Reserve t…
Matthew Fox
1 min read
US stocks slip after hitting records last week as investors eye January inflation data
The median forecast suggests year-over-year CPI will fall to 2.9% in January, a decline from the pr…
Matthew Fox
2 mins read
US stocks trade mixed as rate-cut optimism dims, but indexes extend weekly winning streaks
New York Fed President John Williams's comments about the Fed not currently discussing rate cutd pu…
Aruni Soni
1 min read
US stocks dip ahead of Powell's comments as investors weigh mixed signals from Fed
Fed Chairman Jerome Powell will speak at Spelman College on Friday at 11 a.m. and again at 2 p.m.
Aruni Soni
1 min read
Dow soars more than 500 points as US stocks trade mixed to close out big November gains
In November, the Dow and S&P 500 jumped about 9%, while the Nasdaq surged 10.7%.
Filip De Mott
2 mins read
A new rally in US housing could drive a 20% surge in Zillow stock, Bank of America says
BofA issued a double-upgrade of its Zillow rating to buy from underperform and bumped up its price …
Carla Mozée
1 min read
Zillow extends 3-day plunge to 39% as the company abandons its home-flipping business amid housing-market pressure
Zillow CEO Rich Barton made the announcement after market hours Tuesday, adding the company would l…
Isabelle Lee
1 min read
Ark Invest's flagship fund has dumped nearly all of its 7 million shares of Zillow since the online real estate firm shuttered its home-flipping business
"When there is a fundamental change in the story, like Zillow's decision to abandon iBuying, that v…
Matthew Fox
2 mins read
Zillow tumbles 11% after halting home purchases through year-end as it works through a renovation backlog made worse by staffing shortages
'We're operating within a labor- and supply-constrained economy," said Zillow about its temporary h…
Carla Mozée
2 mins read
Cathie Wood's Ark sold 3.9 million shares of Zillow on Wednesday as company's exit from home-flipping sent shares plunging
Even after Wednesday's sale, Ark Invest still owns more than 6 million shares of Zillow worth $430 …
Matthew Fox
2 mins read
Cathie Wood bought the dip in Zillow as it plummeted after throwing in the towel on its house-flipping business
"We've determined the unpredictability in forecasting home prices far exceeds what we anticipated,"…
Matthew Fox
1 min read
US stocks climb as slipping bond yields ease pressure on markets
Stocks rose moderately, but a higher-for-longer rate outlook Powell hinted at on Friday at Jackson …
Filip De Mott
1 min read
Tim Walz doesn't own any stocks: What to know about Kamala Harris' running mate's personal finances
Minnesota Gov. Tim Walz's financial disclosures reveal a man of relatively modest means.
Bryan Metzger
2 mins read
Why stocks could be primed for a Santa Claus rally as resurgent earnings and falling rents push inflation down
Inflation is bound to see a sharp drop, as rent prices aren't growing nearly as fast as markets thi…
Jennifer Sor
2 mins read
US stocks close higher as traders brush off Powell's warnings of more potential rate hikes
"It is the Fed's job to bring inflation down to our 2% goal, and we will do so," Powell said at the…