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NEW YORK | US stock indexes edge mostly higher a day after a big gain

NEW YORK — Major U.S. stock indexes are slightly higher in uneven trading Tuesday after a strong gain the day before. High-dividend stocks including telecommunications and household goods companies are making gains while a steep loss for United Technologies is taking industrial and defense companies lower. Steelmakers and other materials companies are falling, and so … Continue reading NEW YORK | US stock indexes edge mostly higher a day after a big gain

WASHINGTON | US economy grew at strong 3.5 percent rate in Q3

WASHINGTON— The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade. The Commerce Department says the third quarter’s gross domestic product, the country’s total output of goods and services, followed an … Continue reading WASHINGTON | US economy grew at strong 3.5 percent rate in Q3

NEW YORK | Stocks head lower, giving back some of a big rally

NEW YORK — U.S. stocks are falling Wednesday after their biggest gain in more than six months. Homebuilders are sinking after the Commerce Department said construction of new homes dropped in September, and retailers are also sharply lower. IBM tumbled after it announced disappointing quarterly revenue. Netflix jumped after it announced big subscriber gains, which … Continue reading NEW YORK | Stocks head lower, giving back some of a big rally

WASHINGTON | US industrial production climbed 0.3 percent in September

WASHINGTON — U.S. industry expanded again in September despite the impact of Hurricane Florence. The Federal Reserve said Tuesday that industrial production, which includes output at factories, mines and utilities, rose 0.3 percent last month. It was the fourth straight increase. The Fed said that Florence reduced September output growth by less than 0.1 percentage … Continue reading WASHINGTON | US industrial production climbed 0.3 percent in September

NEW YORK | US stocks turn higher after report shows modest inflation

NEW YORK— U.S. stocks are slightly higher in unsteady trading one day after their biggest drop since February. A report indicating that inflation remains limited seemed to calm U.S. investors. Following yesterday’s sell-off in the U.S., markets in Asia tumbled and European stocks suffered more modest losses. Bond yields, which have spiked over the last … Continue reading NEW YORK | US stocks turn higher after report shows modest inflation

NEW YORK | US stocks inch higher as big dividend companies rise

NEW YORK — U.S. stocks are slightly higher at midday Friday as a dip in bond yields sends high-dividend companies upward and strong sales from Deere help industrial companies. Chipmakers are sliding, leading losses for technology companies. Tesla is falling further on reports of a growing government investigation into the company. KEEPING SCORE: The S&P … Continue reading NEW YORK | US stocks inch higher as big dividend companies rise

NEW YORK | US stocks get a lift from earnings; Berkshire and Tyson rise

NEW YORK — U.S. stocks are slightly higher Monday as companies including Tyson Foods and Berkshire Hathaway are rising after their second-quarter reports. Energy companies are moving up with the price of oil. Overseas markets are getting off to a sluggish start to the week. KEEPING SCORE: The S&P 500 index rose 5 points, or … Continue reading NEW YORK | US stocks get a lift from earnings; Berkshire and Tyson rise

Banks lead stocks slightly higher, reversing morning slide

U.S. stocks veered slightly higher in afternoon trading Monday as the market recovered from an early slide. Banks accounted for much of the market’s gains as bond yields rose, pointing to higher interest rates on consumer loans. Automakers, retailers and industrial companies declined. Investors were focused on corporate America as the busiest week of the … Continue reading Banks lead stocks slightly higher, reversing morning slide