NEW YORK (AP) — With the Thanksgiving holiday approaching, U.S. stocks are little changed Wednesday morning after they finished at all-time highs the day before. The price of oil is rising on reports OPEC might extend its cuts in production, and energy companies are also up. Technology companies are taking small losses as the two … Continue reading
Wall Street capped a subdued day of trading Tuesday, Feb. 7, 2017 with a tiny gain and another milestone. After spending much of the day drifting between small gains and losses, U.S. stock indexes closed slightly higher, nudging the Nasdaq composite to another high, eclipsing the record it set last Friday. Consumer goods makers and technology … 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. 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
HONG KONG (AP) — Asian stocks sank Friday, extending a sell-off in world markets after Europe’s central bank unveiled plans to stimulate the continent’s ailing economy that fell short of investor expectations. KEEPING SCORE: Japan’s Nikkei 225 dropped 1.9 percent to 19,556.50 and South Korea’s Kospi lost 0.9 percent to 1,975.27. Hong Kong’s Hang Seng … Continue reading
LONDON (AP) — In their first response to the attacks in Paris, which killed 129 people, markets proved to be more resilient on Monday than many analysts had anticipated. Though Friday’s atrocities on the streets of Paris could hurt consumer sentiment across Europe in the short-term and raise concerns over longer-term geopolitical risks, investors are … Continue reading
DES MOINES, Iowa (AP) — Hillary Rodham Clinton defended her campaign contributions from Wall Street by invoking her work to help the financial sector rebuild after the Sept. 11, 2001, attacks, raising eyebrows among her Democratic challengers and Republicans alike. During Saturday’s second Democratic debate, Clinton was put on the defensive by rival Vermont Sen. … Continue reading
DES MOINES, Iowa (AP) — Call it a tale of two debates. The deadly attacks in Paris cast a somber mood at the start of the second Democratic presidential debate, but the field spent the rest of the night tossing sharp elbows over Wall Street reform, gun control and the minimum wage. Hillary Rodham … Continue reading
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
ROANOKE, Va. (AP) — Advance Auto Parts Inc. reported a dip in its third-quarter profit, a disappointing outlook and disclosed CEO Darren R. Jackson will retire in January. Jackson cited the costs related to integrating General Parts International and a stronger U.S. dollar as factors in weighing down results for the quarter. The third-quarter “shortfall” … Continue reading
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
Asian stocks rose Thursday after Wall Street rebounded from a sharp sell-off and as a holiday in China gave investors a break from its torrid markets. KEEPING SCORE: Japan’s Nikkei 225 was up 1.4 percent to 18,352.98 and South Korea’s Kospi gained 0.2 percent to 1,918.34. Stock markets in Southeast Asia also rose while Australia’s … Continue reading
NEW YORK (AP) — U.S. stocks are inching higher in early trading after a stronger-than-expected January jobs report. Bond prices fell and yields rose early Friday as investors anticipated that the burst in hiring would result in higher interest rates and stronger economic growth. Twitter and LinkedIn both rose sharply after delivering surprisingly strong results. … Continue reading
BEIJING (AP) — Global stocks drifted Wednesday after weak earnings from several U.S. companies added to global growth concerns as investors waited for the U.S. Federal Reserve’s latest statement on monetary policy. KEEPING SCORE: Germany’s DAX rose 0.3 percent to 10,655.41 and France’s CAC 40 shed 0.4 percent to 4,603.69. Britain’s FTSE 100 lost 0.1 … Continue reading
Spartan Echo 