NEW YORK (AP) — U.S. stock indexes are slipping for the second day in a row Wednesday as banks and small-company stocks continue to take steep losses. Energy companies are falling as the price of oil slides almost 4 percent. That’s canceling out gains for drug companies and household products makers. KEEPING SCORE: The Standard … Continue reading →
NEW YORK (AP) — U.S. stocks are rising Tuesday as banks climb following an increase in bond yields, which will allow banks to charge higher rates on loans. Health care companies like makers of scientific instruments and drugs are higher as well. Stocks are on track for their fourth gain in a row and have … Continue reading →
NEW YORK (AP) — Stocks are mostly higher Wednesday as machinery and chemicals companies get a boost from the weaker dollar. Metals prices are climbing. However phone companies and consumer stocks are lagging the market. KEEPING SCORE: The Dow Jones industrial average edged up 25 points, or 0.1 percent, to 17,962 as of 11:26 a.m. … Continue reading →
NEW YORK (AP) — U.S. stocks are continuing to climb Wednesday as energy companies, banks and mining and chemicals companies all trade higher. Hewlett Packard Enterprise agreed to sell a business to Computer Sciences, and both stocks are jumping. European stocks are rising after a deal to get Greece more rescue loans. KEEPING SCORE: The … Continue reading →
NEW YORK (AP) — U.S. stock indexes are falling Wednesday, May 11, as Macy’s leads a rout in retail stocks. The department store slashed its profit forecast after it reported a steep drop in earnings. Office supply companies Office Depot and Staples are tumbling after a judge blocked their plans to merge. Stocks are coming … Continue reading →
NEW YORK (AP) — U.S. stocks are edging higher in Friday afternoon trading. Consumer companies are rising after the government said job growth continued at a strong clip in March. Energy and mining companies are struggling as the prices of oil and precious metals drop. KEEPING SCORE: The Dow Jones industrial average picked up 65 … Continue reading →
LONDON (AP) — European stock markets slid Tuesday as jitters about instability in the Middle East intensified following the downing of a Russian jet by Turkey over Syria. KEEPING SCORE: In Europe, France’s CAC 40 was down 1.8 percent at 4,801 while the FTSE 100 index of leading British shares fell 1 percent to 6,240. … Continue reading →
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 →
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 →
HONG KONG (AP) — Asian stocks rose Friday as upbeat U.S. economic data lifted investors’ spirits following days of stomach-churning turbulence sparked by a heavy sell-off in China. Regional markets took their lead from Wall Street, where benchmarks had a strong finish after a government report showed the U.S. second quarter economic growth was much … Continue reading →
BEIJING (AP) — With the Chinese stock market turmoil that incited global panic abated — at least for now — here are some questions and answers about it, as well as lessons to learn: ___ WHY DID THE CHINESE STOCK MARKET PLUNGE SO MUCH? China’s main stock index tumbled nearly 23 percent over five days … Continue reading →
NEW YORK (AP) — The stock market edged higher Monday as investors looked ahead to a busy week for corporate earnings. Markets in Asia surged after a run of weak economic reports out of China lifted hopes for stimulus in the world’s second-largest economy. KEEPING SCORE: The Dow Jones industrial average rose 22 points, … Continue reading →
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