The S&P 500 and the Dow led the way on Tuesday as a string of solid earnings lured stock buyers to industrials and capital goods and away from tech shares. Weakness in growth and microchip stocks held tech-laden Nasdaq nominally lower. Third-quarter earnings season has shifted into overdrive, with corporate giants such as General Motors, GE Aerospace, 3M and Coca-Cola posting generally upbeat results. But with major U.S. stock indexes hovering near record highs and valuations

A statue of a hand holding a drilling rig near the headquarters of PDVSA, Venezuela’s state oil company, in Caracas on Oct. 9, 2025. Even as pressure builds on President Nicolás Maduro, he has found a pillar of support in one of the largest American oil companies. (Adriana Loureiro Fernández/The New York Times) By SIMON ROMERO and ANATOLY KURMANAEV The Trump administration has doubled the bounty on Venezuela’s autocratic leader, calls him a “narco-terrorist” and is now threat

U.S. stocks jumped on Monday with finance and technology shares providing much of the upside muscle, as upbeat quarterly earnings results revived risk appetite and investors grew less fearful about regional bank credit quality. A broad rally sent all three major U.S. stock indexes to a sharply higher close. The small cap Russell 2000 outperformed its larger counterparts, rising 2.0%. “It’s a good, solid, across-the-board move, there’s not a lot of negative in the market,” sai

Global equity funds attracted inflows for a fourth straight week through October 15, as dovish comments from U.S. Federal Reserve Chair Jerome Powell reinforced expectations that the central bank will cut interest rates at its meeting later this month. Investor appetite, however, remained cautious amid renewed U.S.-China trade tensions after President Donald Trump indicatedhe may scale back certain trade ties with Beijing. Investors bought a net $2.17 billion worth of global

An employee works on a windmill tower at the Welcon factory in Give, Denmark, Nov. 29, 2024. The Welcon factory in Give, Denmark, builds sections called towers for wind farms around the world. (Charlotte de la Fuente/The New York Times) By REBECCA F. ELLIOTT President Donald Trump is poised to preside over a renewable energy boom. Yes, really. The administration and its allies in Congress have rolled back clean energy tax credits and thrown up roadblocks to renewable energy p

Wall Street closed lower on Thursday, with signs of weakness in regional banks spooking investors already on edge over U.S.-China trade tensions. Shares of Zions Bancorporation tumbled after the regional bank disclosed an unexpected loss on two loans in its California division, adding to growing investor unease about hidden credit stress as lenders navigate economic uncertainty with interest rates still relatively high. Also fueling worries about regional banks, Western Allia

Jerome Powell, the chairman of the Federal Reserve, speaks at a news conference at the Federal Reserve in Washington, July 30, 2025. Powell, speaking on Tuesday, Oct. 14, at an event hosted by the National Association for Business Economics, deviated little from his recent message that the Fed should be responsive to the slowdown in monthly jobs growth and other signs of softness across the labor market. (Caroline Gutman/The New York Times) By COLBY SMITH Jerome Powell, the c

Wall Street’s multibillion-dollar prime brokerage machinery is firing on all cylinders. In the latest quarter, the largest U.S. banks led by JPMorgan Chase, Goldman Sachs, and Bank of America flagged big profits from the booming business of prime brokerage, which involves lending cash and securities to hedge funds to help execute large trades. The prime brokerage business on Wall Street has benefited this year from surging valuations of companies across sectors, with some ban