NEW YORK — JPMorgan Chase & Co. said Friday that its third-quarter profits rose by 24 percent from a year ago, helped by a lower tax bill and higher interest rates, which allowed it to charge more for loans to consumers and businesses alike. That was enough to make up for a less-than-stellar quarter in … Continue reading NEW YORK | JPMorgan 3Q profits rise 24 percent, helped by lower taxes
BEIJING — Global stocks declined Monday on investor concerns about more possible U.S. interest rate hikes. KEEPING SCORE: Germany’s DAX fell 0.6 percent to 12,040.26 and France’s CAC 40 lost 0.6 percent to 5,325.91. London’s FTSE 100 retreated 0.3 percent to 7,298.96. On Friday, the DAX lost 1.1 percent, the CAC 40 dropped 1 percent … Continue reading BEIJING | Global stocks decline on US interest rate concern
NEW YORK — U.S. stocks are falling again Friday as investors continue to worry about rising bond yields and interest rates. The Labor Department said the economy continues to add jobs at a strong pace, which makes it more likely rates will keep rising. The yield on the 10-year Treasury note has soared over the … Continue reading NEW YORK | Stocks sink again as job gains send bond yields even higher
NEW YORK — Global stocks fell Thursday as interest rates in the U.S. continued to rise. Technology and internet companies skidded and the Nasdaq composite took its biggest loss in three months. Strong reports on job gains and the service industry have sent bond prices tumbling over the last two days as traders bet the … Continue reading NEW YORK | Rising interest rates send stocks skidding; tech plunges
NEW YORK — Global stocks are falling Thursday as interest rates in the U.S. continue to rise. The S&P 500 index is on track for its biggest drop in more than three months as internet and technology companies fall, and the Nasdaq is on track for its worst loss in six months. The yield on … Continue reading NEW YORK | Rising interest rates send stocks tumbling; tech plunges
NEW YORK— Global stocks are falling Thursday as interest rates in the U.S. continue to rise. In the U.S., internet and technology companies and high-dividend stocks are falling. The yield on the 10-year Treasury note is rising further after hitting a seven-year high a day ago. KEEPING SCORE: The S&P 500 index skidded 17 points, … Continue reading NEW YORK | Global stocks slip as US Treasury yields surge
LONDON — Stock markets around the world were trading in narrow ranges Wednesday ahead of a widely predicted interest rate hike from the U.S. Federal Reserve and the potentially more interesting subsequent press conference from its chairman, Jerome Powell. KEEPING SCORE: In Europe, France’s CAC 40 added 0.2 percent to 5,488 while Germany’s DAX fell … Continue reading LONDON | Stock markets steady as focus turns to Fed rate decision
LONDON— Stock markets around the world were trading in narrow ranges Wednesday ahead of a widely predicted interest rate hike from the U.S. Federal Reserve and the potentially more interesting subsequent press conference from its chairman, Jerome Powell. KEEPING SCORE: In Europe, France’s CAC 40 added 0.2 percent to 5,488 while Germany’s DAX fell 0.3 … Continue reading LONDON | European shares flat, Asia rises ahead as US rate hike looms
