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NEW YORK | US stock gains evaporate after Fed raises interest rates

NEW YORK  — Stocks gave up an early rally and took a dive in afternoon trading after the Federal Reserve‘s raised interest rates again and said it plans to keep raising them next year. The U.S. central bank also said it wouldn’t make any changes in allowing its large bond portfolio to shrink. The Fed’s … Continue reading NEW YORK | US stock gains evaporate after Fed raises interest rates

NEW YORK | Stocks indexes settle down, but small companies drop again

NEW YORK — U.S. stocks wobbled Thursday as the markets turned fairly quiet after a very turbulent start to the week. Small companies dropped and high-dividend stocks, which investors favor when they want to reduce risk, rose. Major stock indexes spent the day switching between small gains and losses after several days of much bigger … Continue reading NEW YORK | Stocks indexes settle down, but small companies drop again

NEW YORK | Wall Street ends higher with help from tech and health care

NEW YORK  — U.S. stocks couldn’t hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose. That helped reverse some of the market’s big losses from the week before. Stocks initially rallied after the Wall Street Journal reported that China’s government could make changes to … Continue reading NEW YORK | Wall Street ends higher with help from tech and health care

NEW YORK | Stocks edge higher before trade meeting; oil falls again

NEW YORK— Stocks are edging higher Friday ahead of the highly-anticipating trade meeting between President Donald Trump and President Xi Jinping of China. Investors have long hoped the two will use their meeting at the Group of 20 summit to start resolving the trade dispute between the two countries. Energy companies sank as crude oil … Continue reading NEW YORK | Stocks edge higher before trade meeting; oil falls again

NEW YORK | Stocks surge as Powell hints at slower interest rate hikes

NEW YORK  — U.S. stocks are surging Wednesday afternoon after Federal Reserve Chairman Jerome Powell hinted that the Fed might be willing to raise interest rates at a slower pace next year. That relieved investors who were concerned that rising rates would drag down the U.S. economy and possibly bring an end to the nine-year-old … Continue reading NEW YORK | Stocks surge as Powell hints at slower interest rate hikes

NEW YORK | US stock indexes wobble mostly lower a day after a big gain

NEW YORK — Major U.S. stock indexes are mostly lower Tuesday after a strong gain the day before. A steep loss for United Technologies is taking industrial and defense companies lower. Steelmakers and other materials companies are falling while technology and internet companies edge higher. KEEPING SCORE: The S&P 500 index lost 3 points, or … Continue reading NEW YORK | US stock indexes wobble mostly lower a day after a big gain

NEW YORK | US stocks edge lower as tariff threat hits tech stocks

NEW YORK  — U.S. stocks are slipping Tuesday morning as technology companies fall after President Donald Trump said he expects to put more tariffs on imports from China. That could increase the cost of products like laptops and smartphones. Other stocks are also lower after a strong gain the day before. Industrial conglomerate United Technologies … Continue reading NEW YORK | US stocks edge lower as tariff threat hits tech stocks

NEW YORK | Tech giants plunge again, pushing market into red for year

NEW YORK — Stocks dropped again Tuesday as losses mounted for the world’s largest technology companies. Retailers also fell, and energy companies plunged with oil prices as the market sank back into the red for the year. Oil prices tumbled another 6.6 percent as Wall Street reacted to rising oil supplies and concerns that global … Continue reading NEW YORK | Tech giants plunge again, pushing market into red for year