NEW YORK (AP) — U.S. stocks moved little in early trading as investors weighed a report on unemployment benefits and corporate news. Oil prices posted another strong gain Thursday, lifting energy stocks. The Labor Department reported that applications for unemployment benefits rose slightly last week, but they remain at levels consistent with a healthy job … Continue reading
Tag Archives: dow jones
US stocks slip ahead of Fed despite good economic data
NEW YORK (AP) — U.S. stocks are opening slightly lower despite a raft of generally positive economic reports as investors await the Federal Reserve’s comments on the state of the economy later in the day. Wednesday’s reports showed rising core inflation, strong new home construction, and moderately strong factory production. Still, every sector of the … Continue reading
Asian stocks slump on Fed rate hike fears, commodity rout
HONG KONG (AP) — Asian stocks slid Friday following sharp losses on Wall Street as a slump in commodities markets deterred investors from riskier assets and expectations grew that the U.S. would soon move to raise interest rates. KEEPING SCORE: Japan’s benchmark Nikkei 225 index fell 0.8 percent to 19,534.97 while South Korea’s Kospi shed … Continue reading
US stocks end little changed before monthly jobs report
NEW YORK (AP) — Stocks are getting the fourth quarter off to a weak start as investors wait for the government’s monthly jobs report. The Dow Jones industrial average fell 12 points, or 0.1 percent, to 16,271 on Thursday, October 1 2015. The S&P 500 rose three points, or 0.2 percent, to 1,923. The Nasdaq … Continue reading
Nike surged 7 percent
NEW YORK (AP) — U.S. stocks are opening solidly higher after a three-day slump. Nike surged 7 percent early Friday, the most in the Standard & Poor’s 500, after its results easily beat analysts’ estimates. The Dow Jones industrial average climbed 174 points, or 1.1 percent, to 16,376 as of 9:35 a.m. Eastern time Friday. … Continue reading
Stocks close lower after Fed keeps interest rates low
NEW YORK (AP) — Stocks ended mostly lower after a volatile day as traders tried to figure out what was next for U.S. interest rates. The bumpy trading Thursday came after the Federal Reserve decided to keep interest rates low for now, citing weakness in the global economy and unsettled financial markets. Investors did make … Continue reading
Global stock markets waver as Fed decision nears
NEW YORK (AP) — Stocks are edging slightly higher in midday trading as investors wait for news about interest rates from the Federal Reserve. The Fed winds up a two-day policy meeting later Thursday September 17, and could raise interest rates for the first time in nearly a decade. A long period of ultra-low interest … Continue reading
Uncertain about the outlook for the Federal Reserve’s interest rate policy
NEW YORK (AP) — U.S. stocks opened lower Friday after a mixed U.S. jobs report left investors uncertain about the outlook for the Federal Reserve’s interest rate policy. The report showed that the U.S. unemployment rate fell to a seven-year low in August, but also that employers added fewer jobs than forecast. While the steady … Continue reading
Another volatile week on Wall Street, which has been battered this month
NEW YORK (AP) — Stocks moved lower in early trading Monday, as oil prices fell and investors reacted to signs that the Federal Reserve was still on pace to raise rates this month. It sets up another volatile week on Wall Street, which has been battered this month. KEEPING SCORE: The Dow Jones industrial average … Continue reading
US stocks holding near record highs in afternoon trading
Major stock indexes hovered slightly above their record closing highs in afternoon trading Wednesday. Traders had their eye on a mix of corporate earnings news, as well as the second day of Congressional testimony by Federal Reserve Chair Janet Yellen. Oil prices rebounded after an early slide. KEEPING SCORE: The Dow Jones industrial average … Continue reading
Stocks are muted ahead of emergency meeting on Greek debt
NEW YORK (AP) — U.S. stocks were slightly lower in early trading Wednesday. Investors have their focus turned to Europe, where an emergency meeting of European finance ministers will address Greece’s appeal for more generous bailout conditions. Energy stocks were among the biggest decliners as the price of oil, once again, fell. KEEPING … Continue reading