Why Is the Stock Market Down Today? Dow Sinks as Inflation Soars.

Text size The Federal Reserve under Jerome Powell is expected to continue raising interest rates. Olivier Douliery/AFP via Getty Images The stock market was sinking after inflation came in hotter-than-expected in June.  The Dow Jones Industrial Average has declined 334.83 points, or 1.1%, while the S&P 500 has fallen 1.4%, and the Nasdaq Composite futures … Read more

U.S. Stocks Poised for Lower Open on Monday

More than one dozen S&P 500 companies report earnings this week. Spencer Platt/Getty Images Text size U.S. stocks are poised for a lower open on Monday. On Sunday night, Dow Jones Industrial Average futures lost 31 points, or 0.1%, while S&P 500 futures lost 0.2%, and Nasdaq Composite futures fell 0.3%. Crude oil futures (West … Read more

Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers

Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job market helping to lift paydays for many bank tellers, factory workers and software programmers. Compensation in 2021 for the median worker at 275 companies in the S&P 500 index was higher … Read more