technology companies

Tech companies, retailers weigh on US stocks; Oil prices up

U.S. stock indexes were mostly lower in early trading Friday, erasing some of the market’s gains from a day earlier. Losses in technology companies, big retailers and banks outweighed gains in health care and energy stocks. Crude oil prices headed higher for the third day in a row. KEEPING SCORE: The S&P 500 index fell … Continue reading Tech companies, retailers weigh on US stocks; Oil prices up

Technology companies lead afternoon rebound for US stocks

U.S. stocks recovered from an early slide Thursday, placing the market on course to break a five-day losing streak. Gains in technology companies, banks and industrial stocks outweighed losses among big retailers, homebuilders and utilities. Energy stocks rose along with crude oil. European indexes finished mostly lower as the British pound slumped amid discord over … Continue reading Technology companies lead afternoon rebound for US stocks

Tech companies, banks lead US stocks higher; Oil price falls

U.S. stock indexes veered higher in afternoon trading Tuesday, bouncing back from an uneven start. Gains in technology companies, banks and industrial stocks outweighed losses in household goods sellers, utilities and elsewhere in the market. Energy stocks slumped as the price of crude oil headed for its 12th straight decline. Bond prices rose, sending yields … Continue reading Tech companies, banks lead US stocks higher; Oil price falls

Tech giants slide, pulling US stock market sharply lower

A broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking off more than 450 points from the Dow Jones Industrial Average. Apple, Amazon and other big names fell. Banks and consumer-focused companies and media and communications stocks also took heavy losses. Crude oil prices were headed higher, snapping a 10-day skid, after … Continue reading Tech giants slide, pulling US stock market sharply lower

Tech stocks lead broad sell-off in US stocks; oil rebounds

A steep drop in technology companies sent U.S. stocks sharply lower Monday, knocking off more than 400 points from the Dow Jones Industrial Average. Banks and consumer-focused companies and media and communications stocks also took heavy losses. Crude oil prices were headed higher, snapping a 10-day skid, after Saudi Arabia said it planned to cut … Continue reading Tech stocks lead broad sell-off in US stocks; oil rebounds

BANGKOK | Asia shares reap big gains on news of Trump-Xi phone chat

BANGKOK — Asian shares advanced Friday after President Donald Trump and his Chinese counterpart Xi Jinping spoke by phone and the Chinese state media reported progress in resolving trade tensions between their two countries. KEEPING SCORE: Hong Kong‘s Hang Seng index jumped 3.8 percent to 26,365.04 and the Shanghai Composite index added 2.7 percent to … Continue reading BANGKOK | Asia shares reap big gains on news of Trump-Xi phone chat

NEW YORK | US stocks climb again as a painful month comes to a close

NEW YORK— Stocks are climbing for the second day in a row Wednesday at the end of a brutal month for the market. Investors are applauding strong quarterly results from companies including Facebook, General Motors and Estee Lauder. Markets also rose in Europe and Asia. The S&P 500 is on track for its first two-day … Continue reading NEW YORK | US stocks climb again as a painful month comes to a close

NEW YORK | US stock indexes jump following big gains in Europe

NEW YORK  — U.S. stocks are jumping Monday morning as the market rapidly changes course once again. Technology companies are climbing, with open-source software company Red Hat surging after IBM agreed to buy it for $34 billion in stock. Internet and media companies are rising and so are companies that make and sell consumer goods. … Continue reading NEW YORK | US stock indexes jump following big gains in Europe