SEOUL, South Korea (AP) — Asian stock markets were marginally higher Friday, after an overnight recovery of technology stocks on Wall Street. An agreement among key crude exporting countries to extend oil production cuts also boosted sentiment. KEEPING SCORE: Japan’s Nikkei 225 was flat at 22,724.11 while South Korea’s Kospi rose 0.2 percent to 2,480.42. … Continue reading
Tag Archives: stocks
Technology gains and solid earnings push US stocks higher
NEW YORK (AP) — U.S. stocks are heading for more records Tuesday as most industries, including technology and health care companies, post solid gains. Solid quarterly reports are boosting companies including medical device maker Medtronic and construction services company Jacobs Engineering, while Signet Jewelers is tumbling. KEEPING SCORE: The Standard & Poor’s 500 index … Continue reading
US stocks head lower as health care companies plunge
NEW YORK (AP) — U.S. stocks are falling Friday as investors worry that health care product companies will see their industry shaken up by Amazon. That’s hurting health care companies, and energy companies are also lower. Media companies and retailers are rising. Stocks have risen for eight weeks in a row, their longest run in … Continue reading
Stocks muddle along following US jobs report; bonds steady
Stocks held steady on Friday after a report showed that the U.S. job market strengthened last month, but not by quite as much as expected. Bond and commodity markets were also relatively quiet, with few big moves. KEEPING SCORE: The Standard & Poor’s 500 index was close to flat at nearly 2,580, as of … Continue reading
Netflix raising US prices by 10 pct for most popular plan
SAN FRANCISCO (AP) — Netflix is raising the price for its most popular U.S. video streaming plan by 10 percent— a move that could boost its profits but slow the subscriber growth that drives its stock price. The change announced Thursday affects most of Netflix’s 53 million U.S. subscribers. WHAT GOES UP Netflix … Continue reading
US stock indexes tick higher as oil’s dismal week eases
NEW YORK (AP) — U.S. stock indexes ticked higher in morning trading Thursday after the price of oil stabilized, at least for now. This week has been dominated by oil’s tumbling price, which dropped on Wednesday to its lowest level since last summer, and how much it will affect the broader market. KEEPING SCORE: The … Continue reading
US stocks extend gains to a 5th day as tech companies rise
NEW YORK (AP) — U.S. stocks are up for the fifth consecutive day Wednesday as technology and high-dividend companies move higher. The gains are slight as retailers including jewelry and car parts sellers are falling and energy companies decline with oil prices. Investors are waiting for the Federal Reserve to release minutes from its meeting … Continue reading
US stocks advance as banks and health care lead rally
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
US stocks rise with oil prices ahead of Fed statement
NEW YORK (AP) — U.S. stocks are rising Wednesday morning, following global markets higher, as investors wait for the Federal Reserve to conclude a policy meeting. The Bank of Japan didn’t change its policies much. Energy and metals prices are rising as the dollar gets a bit weaker. KEEPING SCORE: The Dow Jones industrial average … Continue reading
US stocks rise as tech and machinery companies lead the way
NEW YORK (AP) — U.S. stocks are making solid gains in Monday morning trading as machinery and technology companies move higher. Energy companies are up with the price of oil. KEEPING SCORE: The Dow Jones industrial average jumped 114 points, or 0.6 percent, to 18,238 as of 10:25 a.m. Eastern time. The Standard & Poor’s … Continue reading
US stocks jump as Apple pulls tech companies up again
NEW YORK (AP) — U.S. stocks changed course again Thursday and climbed as Apple led a big gain for technology companies and energy companies recovered some of their recent losses. Investors looked over a series of mixed economic reports as they sought clues about the Federal Reserve’s intentions and the health of the economy. Technology … Continue reading
Stocks rise as US jobs report puts Fed rate hike in question
LONDON (AP) — Stock rose and the dollar fell on Friday after a key report showed the U.S. economy added slightly fewer jobs than expected in August, making it potentially less likely that the Federal Reserve will raise interest rates already this month. KEEPING SCORE: Britain’s FTSE 100 was up 0.8 percent at 6,802 while … Continue reading
Stocks open moderately higher on Wall Street
NEW YORK (AP) — Stocks are opening moderately higher on Wall Street as the market comes off three days of losses. Banks rose the most in early trading Monday. Herbalife rose after activist investor Carl Icahn, the company’s largest shareholder, said he has increased his stake. KEEPING SCORE: The Dow Jones industrial average rose 72 … Continue reading
Pound, stocks up amid apparent boost for UK to remain in EU
LONDON (AP) — The British pound and global stock markets surged Monday, June 20,2016 as the death of a pro-Europe lawmaker seemed to sap some momentum from campaigners fighting for the United Kingdom to leave the European Union. Betting houses shortened the odds that Britain would remain in the 28-nation bloc. The market surge suggested … Continue reading
US stocks pause after two-day surge; chemicals makers dip
NEW YORK (AP) — U.S. stocks are hardly budging Thursday, May 26,2016 after big gains over the last two days. Chemicals companies are down the most. However retailers, which have been pummeled in recent weeks, traded higher following a group of strong earnings reports. Utilities and phone companies are rising as bond yields slip. KEEPING SCORE: … Continue reading
France tapping fuel stocks as strikes cause gas shortages
LE HAVRE, France (AP) — French drivers are fuming, oil industry workers are divided, and the government is reaching into its fuel reserves to end gasoline shortages that have heightened the stakes of nationwide protests to defend labor protections. Unions are targeting the nation’s gas tanks, railroads and electricity network this week, protesting a bill … Continue reading
US stocks climb for the second day as energy companies jump
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
Retailers lead a broad decline in stocks as Macy’s plunges
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
US stocks rise, shaking off tech slump, after Fed stands pat
NEW YORK (AP) — U.S. stocks rose Wednesday after the Federal Reserve left its key interest rate unchanged, as investors expected. Energy companies climbed again as the price of oil came close to a six-month high. Technology stocks were battered following weak results from Apple and Twitter. Stocks opened mostly lower in muted early trading, … Continue reading
US stocks jump as JPMorgan gives banks a big boost
NEW YORK (AP) — U.S. stocks are climbing Wednesday afternoon. Banks are making the biggest gains after JPMorgan Chase posted quarterly results that weren’t as bad as analysts anticipated. Industrial companies rose on signs of strength in China’s economy. KEEPING SCORE: The Dow Jones industrial average jumped 158 points, or 0.9 percent, to 17,879 as … Continue reading
Stocks slide, led by declines in the energy sector and banks
NEW YORK (AP) — U.S. stocks fell for a second day on Wednesday, weighed down by banks, which remain under pressure due to economic unease and worries about the amount of energy loans on banks’ balance sheets. KEEPING SCORE: The Dow Jones industrial average lost 154 points, or 0.9 percent, to 16,276 as of 12:45 … Continue reading
Stocks wobble as investors hope for cuts in oil production
NEW YORK (AP) — Stocks are wavering Wednesday after shaking off early losses. The price of oil is climbing for the second consecutive day, sending energy companies higher. The Federal Reserve is holding its first meeting of the year and investors are waiting to see what it says about interest rates and the economy. KEEPING … Continue reading
Stocks open lower, dragged down by energy and technology
NEW YORK (AP) — Stock are opening broadly lower as energy companies take another tumble and after Apple predicted its first sales decline in 13 years. Crude oil prices sank 1 percent to $31 a barrel in New York Wednesday, pulling big energy companies lower. Apple dropped 4 percent, weighing on the technology sector. Boeing … Continue reading
Markets roiled by downing of Russian jet by Turkey
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
A November stock slide continues as oil, metals prices fall
NEW YORK (AP) — A deepening slump in prices for oil, metals and other commodities sent stock prices lower on Thursday. Major market indexes opened lower and the selling accelerated as the day wore on. The drop in oil and metals prices hurt mining, metals and energy stocks. Stocks began sliding early this month and … Continue reading