Stocks sink

NEW YORK | Markets Right Now: Stocks sink again, go negative for year

NEW YORK — The latest on developments in financial markets (all times local): 11:45 a.m. Stocks are falling sharply on Wall Street again, erasing most of their big gains from the day before. The Dow Jones Industrial Average sank more than 300 points Friday, or 1.4 percent, putting it in the red for the year … Continue reading NEW YORK | Markets Right Now: Stocks sink again, go negative for year

NEW YORK | Stocks sink on weak industrial earnings; tech skid resumes

NEW YORK — U.S. stocks slumped again Thursday as investors continued to sell shares of technology and internet companies, industrials, and companies that rely on consumer spending. Several industrial companies tumbled after releasing weak quarterly reports, and European stocks also fell as European Union leaders criticized Italy’s spending plans. At the start of trading, stocks … Continue reading NEW YORK | Stocks sink on weak industrial earnings; tech skid resumes

NEW YORK | Correction: Financial Markets story

NEW YORK — In a story Oct. 5 about the financial markets, The Associated Press misidentified Katie Nixon of Northern Trust Wealth Management. She is chief investment officer, not chief investment strategist. A corrected version of the story is below: Stocks sink again as job gains send bond yields higher US stocks and bonds are … Continue reading NEW YORK | Correction: Financial Markets story

NEW YORK | Stocks sink again as job gains send bond yields even higher

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 | Markets Right Now: Stocks sink on higher-rate expectations

NEW YORK — The latest on developments in financial markets (all times local): 9:35 a.m. U.S. stock indexes are falling in early trading Friday after a surprisingly strong jobs report pushed investors to gird for higher interest rates. Not only is hiring still strong, but wages rose last month at their fastest pace in eight … Continue reading NEW YORK | Markets Right Now: Stocks sink on higher-rate expectations