News

Wall Street's main indexes ticked up in choppy trading, boosted by a jump in energy stocks, while investors assessed a key jobs report and awaited comments from Federal Reserve Chair Jerome Powell for clues on the health of the U.S. economy. At 09:51 a.m. ET the Dow Jones Industrial Average rose 124.23 points, or 0.29%, to 42,703.31, the S&P 500 gained 24.38 points, or 0.46%, to 5,764.57 and the Nasdaq Composite gained 120.10 points, or 0.66%, to 18,186.29. Energy led sectoral gains on the S&P 500 with a 1.8% rise, tracking a 2% increase in oil prices.

Investors including Blackstone and wealthy individuals are scouting for office properties in New York as companies call employees back to the office, fueling a nascent recovery in the battered commercial real estate market. The increasing appetite for offices in New York and beyond could signal a broader economic recovery for major cities worldwide as many workers return in person five days a week, lifting demand for local services. Real estate investors, consultants and bankers say demand is rising for top-quality offices in New York, spurring them to strike more deals.

Money market account rates vary widely. So which banks are offering the best money market account rates today? Find out here.

(Bloomberg) -- Investor sentiment is so poor that even a slightly better-than-expected US jobs report is set to spark a rally in the S&P 500, according to a Goldman Sachs Group Inc. trading desk.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling

(Bloomberg) -- Investors are pouring money into European equities at a rate not seen in almost decade as they anticipate a historic increase in spending on infrastructure and defense.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year L

S&P Global Ratings said on Friday it had cut its long-term issuer credit ratings on Nissan Motor to 'BB'. It said that "prospects for a fast improvement in Nissan Motor's automotive business to levels comparable with similarly rated peers' are now remote".

(Bloomberg) -- It’s been a whirlwind of a week for US stocks as tariffs hit a fever pitch, sending the S&P 500 into a tailspin that briefly drove it below a closely watched technical level.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-