marley jay

NEW YORK | US stocks dip after post-election surge; oil falls again

NEW YORK — Stocks in the U.S. are slightly lower Thursday afternoon after a big rally the day before. Technology and internet companies are slipping after chipmaker Qualcomm gave a disappointing revenue forecast for the current quarter. The Federal Reserve left interest rates unchanged, as expected, but traders still think it will raise rates again … Continue reading NEW YORK | US stocks dip after post-election surge; oil falls again

NEW YORK | Tech and health care lead US stock surge after midterms

NEW YORK — Stocks rallied Wednesday as investors were relieved to see that the U.S. midterm elections went largely as they expected they would. Big-name technology and consumer and health care companies soared as the S&P 500 index closed at its highest in four weeks. Democrats won control of the House of Representatives while Republicans kept … Continue reading NEW YORK | Tech and health care lead US stock surge after midterms

NEW YORK | Stocks gain after midterms as tech, health care, energy rise

NEW YORK — Stocks and bond prices are climbing Wednesday morning after Democrats won control of the House of Representatives in the U.S. midterm elections, while Republicans kept a majority in the Senate. The outcome was largely what investors expected. While the potential for political gridlock in Washington increases, the market reaction has not been … Continue reading NEW YORK | Stocks gain after midterms as tech, health care, energy rise

NEW YORK | After long losing streak, US stocks surge on solid earnings

NEW YORK — Strong results from major companies including Microsoft and Visa helped U.S. stocks bust out of another losing streak Thursday. The rally wiped out part of the market’s plunge from the day before, but stocks are still down sharply over the past three weeks. Technology companies soared as Microsoft, Visa and Xilinx rallied … Continue reading NEW YORK | After long losing streak, US stocks surge on solid earnings

NEW YORK | A day after a rout, US stocks turn higher on solid earnings

NEW YORK — Strong results from major companies including Microsoft, Visa and Comcast are sending U.S. stocks higher Thursday morning as the market found its footing after three weeks of steep declines. The S&P 500 index rose 1 percent. It plunged 9 percent since early this month as investors worried about climbing interest rates and … Continue reading NEW YORK | A day after a rout, US stocks turn higher on solid earnings

NEW YORK | US stocks waver at the end of a turbulent week of trading

NEW YORK  — U.S. stocks gave up an early rally Friday and are bouncing between small gains and losses in late afternoon trading, capping a week of unusually choppy trading. Consumer products maker Procter & Gamble is on pace for its biggest gain in 10 years after reporting strong sales of beauty products in its … Continue reading NEW YORK | US stocks waver at the end of a turbulent week of trading

NEW YORK | Stocks erase most of early losses after huge gain; IBM sinks

NEW YORK — After an early slide, U.S. stocks clawed back much of the ground they lost and ended slightly lower Wednesday. Banks climbed but retailers, homebuilders and smaller companies fell. Stocks slumped in morning trading as homebuilders and retailers took sharp losses after the Commerce Department said construction of new homes dropped in September. … Continue reading NEW YORK | Stocks erase most of early losses after huge gain; IBM sinks

NEW YORK | Global stocks jump, helped by strong earnings in the US

NEW YORK  — World stock markets are turning higher again Tuesday, helped by strong earnings reports from major U.S. companies. Investment banks Morgan Stanley and Goldman Sachs, health care products company Johnson & Johnson and health insurer UnitedHealth all climbed after announcing their third-quarter results. Technology companies are also rising after their recent slump. KEEPING … Continue reading NEW YORK | Global stocks jump, helped by strong earnings in the US