S&P 500, Nasdaq hit record highs as investors shrug off Iran war fears
With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
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With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
Investors cheered the announcement of a two-week ceasefire, which President Trump said is contingent on the reopening of the Strait of Hormuz.
After a sharp drop in early trading, stocks recovered part of those losses as oil prices fell back below $100.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
U.S. financial markets rebounded after shedding more than 1,200 points in earlier trading on Tuesday.
Wall Street analysts expect another strong year in stocks in 2026, propelled by continued AI sector gains and additional Fed interest-rate cuts.
The S&P 500 closed near its Oct. 28 record, buoyed by optimism that the Federal Reserve could cut interest rates next month.
Stocks claw back earlier losses, propelled by Nvidia gains. "There's a lot of emotion involved with AI," one analyst said.
Stocks look set to extend their slide Friday amid investor jitters about the tech sector and the path of monetary policy.
Wall Street was buoyed by investor optimism that the longest federal government shutdown in U.S. history could be nearing an end.
Investors still expect a September interest-rate cut despite President Trump move to oust Fed official Lisa Cook.
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
The S&P 500 and Nasdaq notched new all-time highs, buoyed by easing trade tensions and hopes for lower interest rates.
Wall Street experts break down what's behind the market rebound as S&P 500 and Nasdaq approach record highs.
Stock market futures climbed and oil prices fell Tuesday, a sign Wall Street expects geopolitical risks to recede.
The Dow dropped more than 750 points Friday as investors fret over the risk of a widening war in the Middle East.
Stock futures in the U.S. dropped and global oil prices jumped following an Israeli strike targeting Iran's nuclear facilities.
The markets closed lower Friday after President Trump threatened to impose a 25% tariff on Apple and 50% tariff on the European Union.
Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.
Stock futures slide as investors absorb news of Moody's U.S. credit downgrade.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Trading was mixed Friday as concerns about the U.S. economy offset signs that the Trump administration will de-esclate its trade war.
Investors hope the U.S.-U.K. trade agreement is a preiude to more deals, although Wall Street analysts say to expect more volatility.
After sliding in early trade, stocks rebounded as investors shrug off data pointing to economic slowdown.
Futures were up overnight, but lost steam early Friday as equities came under renewed selling pressure.
Oil prices remain volatile due to Iran war "re-escalation risks," as Tehran says it has shared another set of revised peace deal terms with the U.S.
Mr. Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
A CBS News investigation into youth residential treatment programs finds allegations of abuse, a lack of federal oversight, and families left to navigate a multibillion-dollar industry largely on their own.
A New York judge ruled Monday on whether evidence found in Luigi Mangione's backpack during his arrest can be used during his state trial.
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
Italy's Foreign Ministry said Monday rescuers have located the bodies of four Italian divers who were believed to be deep inside an underwater cave in a Maldive atoll.
The Mountain Home Air Force Base in Idaho was locked down following the midair crash during the Gunfighter Skies Air Show.
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
More than $1 billion has been bet online on military decisions and outcomes this year on Polymarket. Some wagers have been suspiciously timed.
The Trump administration has placed intense pressure on Cuba's communist leadership.
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
Mr. Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The combined company will serve about 10 million utility customers across Florida, Virginia, North Carolina and South Carolina.
The combined company will serve about 10 million utility customers across Florida, Virginia, North Carolina and South Carolina.
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
No injuries have been reported because of the issue, the Food and Drug Administration said.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
The Trump administration has placed intense pressure on Cuba's communist leadership.
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
Mr. Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
The Senate's rulemaker delivered a blow to GOP plans to fund security for President Trump's overhaul of the East Wing of the White House.
A CBS News investigation into youth residential treatment programs finds allegations of abuse, a lack of federal oversight, and families left to navigate a multibillion-dollar industry largely on their own.
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
A crisis pregnancy center in Sandpoint, Idaho, wants to expand women's healthcare three years after the labor and delivery unit at the town's hospital closed and its OB-GYNs moved out of state.
Outbreaks of the deadly Ebola virus in two African countries have prompted the World Health Organization to declare a global health emergency. Imtiaz Tyab reports.
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
The Trump administration has placed intense pressure on Cuba's communist leadership.
It is believed the tiger was owned by a woman who describes herself as Germany's "Tiger Queen," CBS News partner BBC News reported.
Italy's Foreign Ministry said Monday rescuers located the bodies of four Italian divers who were believed to be deep inside an underwater cave in a Maldive atoll.
Nine people died at the scene from gunshot wounds and one woman died while being transported to the hospital, prosecutors said.
Two Americans were arrested in Japan after social media posts showed a person jumping into an enclosure at the zoo where viral baby monkey Punch found fame.
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
"Call Her Daddy" host Alex Cooper said on Instagram that she and husband Matt Kaplan are expecting their first child.
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought the father-son relationship of Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen.
In this web exclusive, Jon Favreau, the creator of the "Star Wars" series "The Mandalorian," and director of the new film "The Mandalorian and Grogu," talks with correspondent Tracy Smith about the myth of "Star Wars," the influences on the story (including Japanese samurai films), and expanding the universe for a new audience. He also talks about working with Robert Downey Jr. on his film "Iron Man," and about cooking, the subject of his 2014 movie, "Chef."
Director Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen. He talks with correspondent Tracy Smith about the handmade feel of the "Star Wars" universe, and how father-son relationships have always been at the heart of the stories set in a galaxy far, far away. He also discusses bringing his improv roots to directing Robert Downey Jr. in "Iron Man."
For thousands of years, civilizations around the world have built houses out of earth – whether it be mud brick, wattle and dab or rammed earth. But adobe (the practice of making mudbricks) has now become today's "it" building material, from museums around the world designed using adobe, to do-it-yourselfers constructing homes from the very dirt beneath their feet. Correspondent Conor Knighton looks at the history of adobe, and how ancient adobe materials are being merged with 3-D printing techniques.
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Atlanta residents woke up to Waymo traffic jams on Friday. The driverless cars took over a quiet cul-de-sac. Skyler Henry has more details.
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
Three people are in custody after a string of shootings in Austin, Texas. CBS News' Ian Lee reports.
A New York judge ruled Monday that certain evidence from Luigi Mangione's backpack can be used in his state trial for the alleged murder of UnitedHealthcare CEO Brian Thompson. CBS News' Lilia Luciano has the latest.
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson, is appearing in court Monday for a hearing on his New York state case. CBS News' Katrina Kaufman reports.
After the South Carolina Supreme Court overturned Alex Murdaugh's murder convictions, his lawyers are set to hold a press conference Monday to discuss new developments in the case. Meanwhile, prosecutors say they may seek the death penalty in a retrial.
Four people were injured in a dozen random shootings over the weekend in Austin, Texas, that police say started with a car being stolen. Three suspects have been detained, including two teenagers. Ian Lee reports.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
United Nations delegates from Iran and Israel spoke to CBS News' Anna Shecter about the tensions fueled by global conflicts.
An Axios report on Cuba acquiring attack drones is adding to concerns about the regime's threats to the U.S. Connor Pfeiffer, a senior director of government relations at FDD Action, joins CBS News with more.
A destructive tornado tore through parts of Nebraska, sending debris flying into the air in Howard County, which is about two hours west of Omaha. A mother and daughter survived in their basement, the only part left of their newly-built home. Rob Marciano reports.
Three people are in custody after a string of shootings in Austin, Texas. CBS News' Ian Lee reports.
A New York judge ruled Monday that certain evidence from Luigi Mangione's backpack can be used in his state trial for the alleged murder of UnitedHealthcare CEO Brian Thompson. CBS News' Lilia Luciano has the latest.