stocks

Investor News: Solid jobs report sends stocks mostly higher on Wall Street

NEW YORK (AP) — Stocks are mostly higher in morning trading on Wall Street Friday after a surge in hiring in January was tempered by a weak revenue forecast by Amazon. The solid jobs report came a day after investors got encouraging news from the Federal Reserve, which confirmed that it will be “patient” in … Continue reading Investor News: Solid jobs report sends stocks mostly higher on Wall Street

NEW YORK | US stocks drop to a 14-month low as tech, health care drop

NEW YORK — U.S. stocks are skidding Monday as another day of big losses takes the market to its lowest level in more than a year. Retailers and technology stocks are sinking, and health insurers and hospitals are falling after a federal judge in Texas ruled that the 2010 Affordable Care Act is unconstitutional. Some … Continue reading NEW YORK | US stocks drop to a 14-month low as tech, health care drop

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

Stock Market Update for October 31, 2018

Stock Market Update for marketing closing on October 31, 2018 NEW YORK, NY – The financial markets ended today’s trading session, UP-IN-GENERAL, as follows: DJIA – 25117.22 up 242.58 points S&P 500 – 2711.59 up 28.96 points NASDAQ – 7305.90 up 144.25 points  RUSS 2K – 1513.03 up 6.38 points Like many Octobers’, trading has … Continue reading Stock Market Update for October 31, 2018

Stocks mostly recover from an early plunge on Wall Street

A turbulent day on Wall Street ended Tuesday with stocks climbing nearly all the way out of a steep, broad sell-off that at one point erased more than 500 points from the Dow Jones Industrial Average. Even with the late-afternoon rebound, stocks extended the market’s recent string of declines, giving the benchmark S&P 500 index … Continue reading Stocks mostly recover from an early plunge on Wall Street

NEW YORK | Dow Jones industrials sink 500 points as bond yields rise

NEW YORK — Stocks are extending their slump on Wall Street Wednesday, led by drops in big technology companies, as rising bond yields draw investors out of stocks. The Dow Jones Industrial Average fell as much as 519 points in afternoon trading. Technology stocks, the biggest winners in the market over the past year, took … Continue reading NEW YORK | Dow Jones industrials sink 500 points as bond yields rise

NEW YORK | US stocks are mixed as investors wait for trade news

NEW YORK — U.S. stocks are little changed after two days of losses as investors hope for positive developments between the U.S. and its two biggest trading partners, Canada and China. Industrial and retail companies are rising while technology companies are slipping again. KEEPING SCORE: The S&P 500 index slid 7 points, or 0.3 percent, … Continue reading NEW YORK | US stocks are mixed as investors wait for trade news

NEW YORK | Tech companies sink, pulling US stock indexes lower

NEW YORK — U.S. stocks are lower Wednesday as technology companies fall, although the market was on track for larger losses earlier in the day. Executives from Facebook and Twitter are testifying to Congress about their efforts to prevent meddling in U.S. elections. Investors are shifting some money into traditional safe industries like utilities. Trade … Continue reading NEW YORK | Tech companies sink, pulling US stock indexes lower

NEW YORK | Markets Right Now: Stocks mostly lower as tech companies dip

NEW YORK — The latest on developments in financial markets (all times local): 9:45 a.m. U.S. stocks are mostly lower as technology companies lag the rest of the market for a second day. Social media companies slipped at the start of Congressional hearings where executives from Facebook and Twitter will testify about their efforts to … Continue reading NEW YORK | Markets Right Now: Stocks mostly lower as tech companies dip

NEW YORK | Markets Right Now: Tech and health care stocks slip

NEW YORK — The latest on developments in financial markets (all times local): 4:00 p.m. U.S. stocks are closing lower as technology and health care companies take losses. Facebook lost 2.6 percent Tuesday and drugmaker Amgen lost 1.8 percent. JD.com fell 6 percent after the CEO of the Chinese e-commerce company was arrested in Minneapolis … Continue reading NEW YORK | Markets Right Now: Tech and health care stocks slip

NEW YORK | Tech and health stocks slip; Amazon hits $1 trillion

NEW YORK — U.S. stocks are lower Tuesday as technology and health care companies slip. Amazon fared better than the rest of the market and briefly traded above $1 trillion in market value. Apple became the first U.S. publicly traded company to reach that mark last month. Nike is sliding after it gave a major … Continue reading NEW YORK | Tech and health stocks slip; Amazon hits $1 trillion

NEW YORK | US stocks slip as technology companies open lower

NEW YORK — U.S. stocks are slightly lower Tuesday morning as technology companies including Facebook take losses, but energy companies are rising along with oil prices. Nike is sliding after it gave a major endorsement deal to former NFL quarterback Colin Kaepernick, known for his protests of police brutality and racial injustice. Investors are looking … Continue reading NEW YORK | US stocks slip as technology companies open lower

NEW YORK | US stocks are little changed as investors await trade news

NEW YORK— U.S. stocks are mostly lower Friday morning after a late loss the day before. Stocks slid Thursday afternoon after Bloomberg News reported that the Trump administration could escalate the U.S.-China trade war next week by putting tariffs on $200 billion in imports. Meanwhile the U.S. and Canada are scheduled to resume trade talks … Continue reading NEW YORK | US stocks are little changed as investors await trade news

NEW YORK | US stocks edge lower, threatening four-day winning streak

NEW YORK— U.S. stocks are dipping Thursday morning after a four-day rally brought major indexes to record highs. Banks are slipping with interest rates and consumer-focused companies, which have made large gains recently, also lagged the market. Technology companies took small losses. A spokesman for the Chinese government said the U.S. should negotiate with China … Continue reading NEW YORK | US stocks edge lower, threatening four-day winning streak

NEW YORK | Stocks rise again as technology companies and Amazon jump

NEW YORK — After a shaky start, U.S. stocks are rising Wednesday as technology companies continue to climb. Consumer-focused companies are up as Amazon jumps, but retailers including Dick’s Sporting Goods, Express and Chico’s FAS are falling. The S&P 500 index is on track for its fourth gain in a row. KEEPING SCORE: The S&P … Continue reading NEW YORK | Stocks rise again as technology companies and Amazon jump

NEW YORK | US stocks keep rising as tech companies and retailers climb

NEW YORK — U.S. stocks are rising Tuesday after setting records over the past few days. Technology companies, which have led the market for more than a year, continue to rise. Retailers including DSW and Tiffany are climbing after strong quarterly reports. KEEPING SCORE: The S&P 500 index gained 5 points, or 0.2 percent, to … Continue reading NEW YORK | US stocks keep rising as tech companies and retailers climb

BEIJING | Global stocks steady as US and China hike tariffs

BEIJING  — Global stock markets traded in narrow ranges Thursday after the United States and China imposed new tariff hikes on each other’s goods in an escalation of their battle over Beijing’s technology policy. KEEPING SCORE: In Europe, Germany’s DAX was steady at 12,383 while London’s FTSE 100 was more or less unchanged at 7,574. … Continue reading BEIJING | Global stocks steady as US and China hike tariffs

Stocks slip even as S&P 500 index marks its longest bull run

U.S. stocks are edging lower in early trading, giving back some of their gains from a day earlier, even as the S&P 500 index is poised to mark its longest bull run in history. Losses in industrial companies, banks and the technology sector outweighed gains elsewhere in the market. Big retailers surged after reporting solid … Continue reading Stocks slip even as S&P 500 index marks its longest bull run

NEW YORK | Stocks end slightly lower as traders shrug off trade talk

NEW YORK  — U.S. stocks inched lower Friday as bond yields jumped, a shift that helped banks but hurt companies that pay big dividends. The dollar fell after President Donald Trump said China is manipulating its currency. Companies including Microsoft and Honeywell rose as investors were pleased with their quarterly reports, but General Electric stumbled. … Continue reading NEW YORK | Stocks end slightly lower as traders shrug off trade talk

NEW YORK | Stocks skid as trade war worsens with new tariff threats

NEW YORK — Global stock indexes sank Wednesday after the Trump administration released a list of $200 billion in goods that could be hit with tariffs and China said it would retaliate. The dollar spiked and big exporters plunged. Companies that sell computer chips, oil, basic materials and heavy machinery dropped after the Trump administration … Continue reading NEW YORK | Stocks skid as trade war worsens with new tariff threats

US stocks hold on to an early rally; Oil prices fall

Technology companies led U.S. stocks broadly higher in afternoon trading Thursday, turning major indexes higher for the week. Health care stocks and consumer-focused companies also posted solid gains as traders returned from the Independence Day holiday. The market was rallying even as global trade tensions appeared set to ratchet up Friday, when U.S. tariffs on … Continue reading US stocks hold on to an early rally; Oil prices fall

Why many Americans aren’t benefiting from robust US economy

WASHINGTON/June 16, 2018 (AP)(STLRealEstate.News) — “The economy,” Federal Reserve Chairman Jerome Powell declared this week, “is doing very well.” And it is. Steady hiring has shrunk unemployment to 3.8 percent — the lowest since the 1960’s. Consumers are spending. Taxes are down. Inflation is tame. Factories are busy. Demand for homes is strong. Household wealth … Continue reading Why many Americans aren’t benefiting from robust US economy

Stocks turn higher amid strong US data, trade concerns

Stock markets turned higher on Friday after some losses in Asia as investors digested strong jobs data in the U.S., the risk of mounting trade tensions and an easing in Italy’s political uncertainty. KEEPING SCORE: Germany’s DAX gained 1.3 percent to 12,761 and the CAC 40 in France jumped 1.5 percent to 5,476. Britain’s FTSE … Continue reading Stocks turn higher amid strong US data, trade concerns

OMAHA, Neb. | Buffett says stocks remain best investment option for most

OMAHA, Neb.  — Billionaire Warren Buffett recommends that investors stick with simple stock index funds — not bonds and especially not bitcoins. Buffett discussed a variety of topics during an interview on CNBC Monday after he spent Saturday answering questions before thousands of Berkshire Hathaway shareholders. The chairman and CEO of Berkshire Hathaway said he … Continue reading OMAHA, Neb. | Buffett says stocks remain best investment option for most

With Market Uncertainty, Real Estate is the Best Investment

NEWPORT BEACH, Calif./ March 6, 2018 (STLRealEstate.News) — Millennial author of Dating Your Investments, Spencer Chambers, explains why real estate is a more secure investment than stocks, bitcoin, or other financial trends. Whenever the market takes a turn for the worse, investors begin to realize their investment portfolios are not nearly as robust as they … Continue reading With Market Uncertainty, Real Estate is the Best Investment

US stocks broadly lower in morning trading; oil prices slide

January 29, 2018(AP)(STL.News)-U.S. stocks were broadly lower in morning trading Monday, pulling back from the market’s recent record highs. Technology stocks accounted for much of the slide. Industrials companies also posted big losses. Energy stocks declined as crude oil prices headed lower. Investors were weighing the latest corporate deal news, including Keurig’s acquisition of Dr. … Continue reading US stocks broadly lower in morning trading; oil prices slide

Stocks edge higher in early trading, led by energy companies

NEW YORK/January 22, 2018(AP)(STL.News)— U.S. stock indexes are edging higher Monday, led by energy companies. High-dividend stocks are also higher as bond yields decline, but industrial companies are falling. Yields had climbed to their highest level in more than three years last week. French pharmaceutical company Sanofi and biotech drugmaker Celgene both announced large acquisitions. … Continue reading Stocks edge higher in early trading, led by energy companies

Stocks erase morning losses, continuing strong start to year

NEW YORK /January 8, 2018 (AP)(STL.News) —  U.S. stock indexes shook off a short-lived bout of weakness and held at record levels in Monday afternoon trading. The Standard & Poor’s 500 index dipped at the start of trading and appeared to be on pace for its first down day of the year. But strengthening gains … Continue reading Stocks erase morning losses, continuing strong start to year

Huntington Ingalls Industries Set to Join S&P 500; Scientific Games to Join S&P MidCap 400 and Ultra Clean Holdings to Join S&P SmallCap 600

NEW YORK/December 29, 2017 (STL.News) – S&P MidCap 400 constituent Huntington Ingalls Industries Inc. (NYSE: HII) will replace C. R. Bard Inc. (NYSE: BCR) in the S&P 500, S&P SmallCap 600 constituent Scientific Games Corp. (NASD: SGMS) will replace Huntington Ingalls Industries in the S&P MidCap 400, and Ultra Clean Holdings Inc. (NASD: UCTT) will … Continue reading Huntington Ingalls Industries Set to Join S&P 500; Scientific Games to Join S&P MidCap 400 and Ultra Clean Holdings to Join S&P SmallCap 600

US stock indexes edge higher in light trading, led by tech

U.S/December 28, 2017  (AP)(STL.News) —U.S. stock indexes were up slightly in light trading Thursday morning as technology companies posted more gains. Financial stocks were also moving higher as bond yields and interest rates rose. Retailers were among the big laggards. Energy stocks also fell as crude oil prices veered lower. KEEPING SCORE: The Standard & Poor’s 500 … Continue reading US stock indexes edge higher in light trading, led by tech