Steve Goldstein

The two lead underwriters on SpaceX’s initial public offering, Goldman Sachs and Morgan Stanley, have a valuation gap of more than $1 trillion as they both initiated coverage at buy.

The gulf between the rich and everyone else is laid out in a stark analysis done by Bank of America’s economists on household spending.

The two lead underwriters on SpaceX's initial public offering, Goldman Sachs and Morgan Stanley, have a valuation gap of more than $1 trillion as they both initiated coverage at the equivalent of buy.

The gulf between the rich and everyone else is laid out in a stark analysis done by Bank of America's economists on household spending.

Alibaba on Wednesday saw its best single share-price gain in 10 months, as the broader Chinese tech sector revved higher after missing the rally propelling U.S., Korean and Taiwanese companies.

President Trump warns on Wednesday that U.S.-Iran ceasefire deal is in jeopardy.

Convenience store operator 7-Eleven on Thursday disclosed a $349 million profit from the surge in gasoline prices during the last quarter, even as fewer Americans filled their tanks.

The Dow, S&P 500 and Nasdaq all closed lower Thursday, with tech stocks under pressure while traders assessed corporate earnings results, the latest batch of economic data and Middle East tensions.

U.S. stocks finish higher on Tuesday as investors digest soft CPI inflation report and bank earnings. Chip stocks bounce back.

Here is the U.S. market action on Wednesday.