Tech carries Wall Street to records, even as most stocks fall after discouraging inflation data
NEW YORK (AP) — A reound for technology stocks led Wall Street to records, even though the majority of U. S. stocks fell following another discouraging update on inflation. The S&P 500 rose 0. 6% Wednesday and topped its prior all-time high set early this week. The Dow Jones Industrial Average dipped 0. 1%, and the Nasdaq composite climbed 1. 2% to its own record. Nvidia and other tech stocks led the way, a day after stumbling in an industrywide swoon. Most other stocks weakened after a at U...
Read MoreWed, 13 May 2026
- Tech carries Wall Street to records, even as most stocks fall after discouraging inflation data
- US deportations to El Salvador double as Bukele aligns himself with Trump agenda
- Senate confirms Trump pick Warsh as chairman of the Federal Reserve, following Powell
- Macron ends Africa trip in Ethiopia with focus on UN reform and inclusive governance
- Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers
- Ocean Dream blue-green diamond sells for more than $17 million at Christies auction in Geneva
- United flight attendants ratify 5-year contract with 31% pay hike and boarding pay
- US grocery prices rose in April, but gas spikes werent the only reason
- US and China seek to repair damage from tariff war that sent trade into a freefall
- Palestinian man shot dead while climbing West Bank barrier into Israel in search of work
- King Charles III lays out UK government agenda as Starmers job hangs in the balance
- Tesla CEO Elon Musk and Nvidia CEO Jensen Huang travel to China aboard Air Force One with Trump
- Brazils beloved instant payment system faces scrutiny from the Trump administration
- Chinas Alibaba reports 38% jump in AI and cloud revenue as it races to grow
- Soros Open Society Foundations commit $30M to groups fighting antisemitism and anti-Muslim hate
- Trump arrives in Beijing for talks with Chinas Xi on Iran war, trade and US arms sales to Taiwan
- AP Exclusive: Senate Democrats plan to force votes on Consumer Financial Protection Bureau rollbacks
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- Japanese automaker Nissan reduces losses and expects to return to profit
- Japans SoftBank racks up huge profit gains with lift from lucrative AI investments
- Some Japanese snack packages are turning black-and-white as Iran war depletes ink supply
Tue, 12 May 2026
- Trumps FDA chief is out after angering pharma CEOs, vaping lobbyists and anti-abortion activists
- Trump and Hegseth claim control over Iran and the Strait of Hormuz as ceasefire talks are stalled
- Wall Streets record-setting run halts as AI stocks slump and oil prices rise
- UKs Starmer defiant as calls for his resignation grow and several ministers quit
- OpenAI chief Sam Altman makes a high-stakes appearance in his court bout with Elon Musk
- Deal reached with hackers to delete data stolen from the Canvas educational platform
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- US hotel operators say promised boon from hosting World Cup hasnt materialized yet
- The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US
- Online seller eBay rejects GameStops $56 billion takeover offer
- The Latest: Starmer fights for political survival as calls for his resignation grow in UK
- Amazon looks to redefine a need for speed with 30-minute deliveries
- Trump administration cancels rule that made conservation a use of public lands
- Trump and Xi dialed down the trade war, but challenges lurk at their China summit
Mon, 11 May 2026
- Oil prices rise as the Iran war drags on, but US stocks inch to more records
- Trump says hell move to suspend federal gasoline tax. He cant do it on his own
- Businesses are facing rising costs during the Iran war, and economists expect more strains ahead
- Treasury Department tells US banks to flag suspected Iranian money-laundering networks
- US home sales flat in April as lackluster spring homebuying season lurches forward
- Google disrupts hackers using AI to exploit an unknown weakness in a companys digital defense
- Older Americans say its a good time to find a job. Younger people arent buying it, new poll finds
- One evacuated passenger tests positive for hantavirus and another develops symptoms on flight home
Sun, 10 May 2026
- Iran responds to US ceasefire proposal but Trump rejects it as unacceptable
- Saudi oil giant Aramco sees 25% jump in Q1 profit after shifting exports from Strait of Hormuz
- Oregon Democrats found a way to improve roads. Now their gas tax goes before voters as prices soar
- Iran war disruptions spark higher costs and lost income in Bangladesh
Sat, 09 May 2026
- Iran warns the US against attacks on its oil tankers and other ships but ceasefire appears to hold
- China says April exports jump 14.1% from a year ago ahead of Trump-Xi summit
Fri, 08 May 2026
- US stocks rise to records after a solid jobs report overshadows higher oil prices
- Tesla recalls some Cybertrucks for wheel issue and more than 200,000 other cars for camera failure
- US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April
- Trump administration settles meatpacking antitrust case in bid to bring down grocery prices
Thu, 07 May 2026
- Federal court rules against new global tariffs Trump imposed after loss at the Supreme Court
- Both engines shut off and cockpit struggle came before 2022 China plane crash, NTSB data suggests
- US stocks fall from their records as oil prices yo-yo
- Trump says EU has until July 4 to approve last years trade deal or it will face higher tariffs
- French prosecutors seek charges against Elon Musk and X over child sexual abuse images
- Whirlpool has been rattled by rising costs and that now means higher prices for customers
- FDAs new playbook: Lots of media announcements but not much rulemaking
- McDonalds focus on value lifts first-quarter sales, but company says gas prices could dent demand
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- US jobless claim applications rise to 200,000 but remain historically low despite economic headwinds
- AirAsia bets big on efficiency with order for 150 Airbus A220 jets listed for $19 billion
- Worries about AIs risks to humanity loom over the trial pitting Musk against OpenAIs leaders
- Ted Turners vision of news as global and continuous changed both the industry and society itself
- European fishing firms reflag ships to tap Indian Ocean tuna quotas, report finds
Wed, 06 May 2026
- DoorDash plans to spend more than $50 million on gas price relief for its drivers this spring
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