technology companies

US stocks surge on US-China trade deal optimism

U.S. stocks marched broadly higher in afternoon trading Tuesday amid renewed optimism over the potential for a trade deal between the U.S. and China. Technology companies and banks powered much of the rally, which had the market on track for its biggest gain this month and a three-day winning streak for the S&P 500 index. … Continue reading US stocks surge on US-China trade deal optimism

US stock indexes drop as economic, earnings worries rise

U.S. stocks slumped in late-afternoon trading Thursday as pessimism built about the strength of the global economy and corporate profits this year. Technology companies, health care stocks and banks accounted for much of the selling. Traders sought safety in U.S. government bonds, sending yields lower. The sell-off followed a slide in overseas markets after European … Continue reading US stock indexes drop as economic, earnings worries rise

NEW YORK | Luxury retailers, technology companies push stocks higher

NEW YORK (AP) — Stocks rose in early trading on Wall Street Tuesday following strong earnings reports from a range of U.S. companies, led by luxury retailers and technology companies. Ralph Lauren and Estee Lauder surged after reporting earnings that came in well ahead of what analysts were expecting. Apple and Microsoft lifted the technology … Continue reading NEW YORK | Luxury retailers, technology companies push stocks higher

BERLIN | Minister floats German industry strategy, ‘champions’

BERLIN (AP) — A top German official on Tuesday floated the possibility of the government temporarily taking stakes in technology companies to head off foreign takeovers as he proposed a “national industry strategy.” In a proposal aimed at keeping Germany competitive in a fast-changing business world, Economy Minister Peter Altmaier also backed the idea of … Continue reading BERLIN | Minister floats German industry strategy, ‘champions’

NEW YORK | Tech and high-growth stocks take US indexes higher

NEW YORK —Jan 25, 2019— U.S. stocks are climbing Friday and technology companies and consumer-focused companies were leading the gains. Optimism over economic growth is boosting industrial and energy companies, along with banks and makers of basic materials. KEEPING SCORE: The S&P 500 index rose 24 points, or 0.9 percent to 2,666 as of noon … Continue reading NEW YORK | Tech and high-growth stocks take US indexes higher

NEW YORK | Stocks keep climbing as hopes for US-China trade deal rise

NEW YORK —Jan 18, 2019— Stocks in the U.S. and Europe are surging Friday as renewed hopes for progress in trade talks between the U.S. and China contribute to the market’s newfound optimism. The Dow Jones Industrial Average rose 364 points. Stocks rallied after Bloomberg News reported that China’s government offered to buy more goods … Continue reading NEW YORK | Stocks keep climbing as hopes for US-China trade deal rise

NEW YORK | US indexes climb as Netflix leads internet stock surge

NEW YORK— Jan 15, 2019— Stock indexes in the U.S. are rising to their highest levels in a month Tuesday as Netflix leads a rally in internet and technology companies after saying it will raise prices for its subscription plans in the U.S. China’s also government said it plans to cut taxes, a step that … Continue reading NEW YORK | US indexes climb as Netflix leads internet stock surge

NEW YORK | Stocks slip after China says exports fell in December

NEW YORK — Jan 14, 2019Stock markets around the world are down Monday after China reported a drop in exports in December. Fears about the health of China’s economy and the global economy overall were a major contributor to the stock market’s plunge in late 2018. Technology companies and retailers are taking some of the … Continue reading NEW YORK | Stocks slip after China says exports fell in December