Tiny move: Nasdaq notches new high as US stocks inch higher
Business / Technology / U.S. News / Uncategorized

Tiny move: Nasdaq notches new high as US stocks inch higher

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

Asia extends global stock sell-off after ECB underwhelms
Business / International News / U.S. News

Asia extends global stock sell-off after ECB underwhelms

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

Clinton’s mixing of 9/11 and Wall Street raises ire
Business / Celebrities / Politics / U.S. News

Clinton’s mixing of 9/11 and Wall Street raises ire

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

Asian stocks slump on Fed rate hike fears, commodity rout
Business / International News / U.S. News

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

Advance Auto Parts misses Street 3Q forecasts, cuts guidance
Business / Lifestyle / U.S. News

Advance Auto Parts misses Street 3Q forecasts, cuts guidance

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