The market couldn’t hold onto earlier gains on Wednesday as Wall Street took stock of the latest inflation reading and a trade pact with China. The Nasdaq Composite dropped 0.5%. The stock market was poised for gains for much of the day but repeatedly lost steam.

DoubleLine Group CEO Jeffrey Gundlach says private credit today is analogous to the CDO market in the mid-part of the '00s at the Bloomberg Global Credit Forum in Los Angeles.

The stock market just can't hold on today. The S&P 500 was down 0.2%. The Nasdaq Composite dropped 0.3%. The Dow was up just 16 points, or flat, after trading up more than 200 points. There wasn’t an obvious catalyst for the slide, though the major indexes all dropped while Bloomberg TV aired an interview with DoubleLine Capital CEO Jeffrey Gundlach.

Shares of GitLab fell sharply Wednesday, a day after the software-development platform provider posted a wider-than-expected net loss and soft revenue outlook.

After months of cooling U.S. inflation easing investor concerns, the trend could reverse when the May report drops Wednesday, as rising tariff-driven costs threaten to push consumer prices higher. The annual rate of gains in the Consumer Price Index ...

Shares of software development tools maker GitLab (NASDAQ:GTLB) fell 9.5% in the afternoon session after the company reported underwhelming first quarter 2025 (fiscal 2026) results: its full-year revenue guidance was in line, and investors were likely hoping for more. On the other hand, GitLab raised its full-year EPS guidance. In addition, the quarter's EPS and adjusted operating income exceeded Wall Street's estimates by a wide margin. Overall, this was a weak quarter.

A state-backed oil giant from the United Arab Emirates is positioning itself for a swoop on BP’s energy empire.

AVO leans on vertical integration, global sourcing and ripening technology to navigate avocado price swings, to stay competitive.

The stock market wavered on Wednesday after a report from the Wall Street Journal said restorations of rare-earth export licenses for U.S. firms had a six-month limit. The Journal, which cited people familiar with the matter, reported the U.

The FTSE 100 index closed up 11.27 points, 0.1%, at 8,864.35.