Higher inflation and rising wages suggest that the country’s economy can grow without such aggressive stimulus from the central bank.

It was the S&P 500’s best day in more than a year, and the tech-heavy Nasdaq composite rose more than 3 percent.

The chipmaker’s high “price to sales” ratio reflects investor enthusiasm around its growth prospects. But relying on that metric created trouble during the dot-com boom.

Traders and strategists are thinking about all the ways that November’s election could alter the mood in markets.

A hotter-than-expected inflation report led investors to push out their expectations for Federal Reserve rate cuts until later in the year.

Analysts bullish on 2023 were largely right and expect more of the same in 2024. Bears caution that the Fed’s impact is yet to be...

The Fed’s rate increases since March 2022 have sent shock waves through financial markets, raising borrowing costs on everything from mortgages to government debt and...

The S&P 500 has risen over 10 percent from its October low, with November its best month of the year.

Mr. Munger’s death won’t affect the day-to-day operations of the conglomerate, but shareholders will miss his imprint on the company’s ethos.

The S&P 500 was on track for its biggest gain of the year, while shares of smaller companies surged.