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Banks Lead US Stocks Slightly Lower
Banks Lead US Stocks
Slightly Lower
MARKETS

Banks Lead US Stocks Slightly Lower

Dow ends day down 120

(Newser) - Banks led stocks modestly lower on Wall Street, erasing some of the markets' gains from a big rally a day earlier, the AP reports. Financial companies were weak Tuesday as investors piled into U.S. government bonds, which sent yields lower. Lower yields mean lower profits for banks because they...

Stocks Rise on New Hope for Trade Thaw
Stocks Rise on
New Hope for
Trade Thaw
MARKETS

Stocks Rise on New Hope for Trade Thaw

Dow ends day up 269

(Newser) - Stocks are ending higher on Wall Street after President Trump said China wants to make a deal on trade, the AP reports. Big technology companies, which do a lot of business in China and have much riding on the outcome of the trade dispute, rose the most Monday. Apple climbed...

Dow Plunges Anew After Trump Tweets on China
Dow Plunges Anew After
Trump Tweets on China
MARKETS

Dow Plunges Anew After Trump Tweets on China

Index falls more than 600 points

(Newser) - Stocks sank on Wall Street Friday after President Trump demanded that US companies with operations in China consider moving them to other countries—just hours after Beijing announced new tariffs on $75 billion in American goods. The Dow fell 623 points, or 2.3%, to 25,628; the S&P...

Banks Are Up, Health Care&#39;s Down
Stocks Take a Rocky Ride
markets

Stocks Take a Rocky Ride

And remarks by Fed officials leave investors uncertain

(Newser) - Stocks ended an up-and-down day mostly lower as losses for health care and technology companies offset gains in banks and other sectors, the AP reports. UnitedHealth Group gave up 3.1% Thursday and Adobe lost 1.3%. Remarks from two Federal Reserve bank presidents left investors less certain about the...

Retailers: We Have Good News
Retailers: We Have Good News
markets

Retailers: We Have Good News

Target jumps 20%, Lowe's 10% on an upbeat day

(Newser) - Stocks closed higher on Wall Street as investors applauded encouraging quarterly results from major retailers, the AP reports. Target soared 20% Wednesday after releasing earnings that blew past analysts' expectations. Lowe's also jumped 10% after its results beat forecasts. Technology companies accounted for a big share of the gains....

Banks Have It Worst Amid Modest Slide
It's a Bad Day for Banks
markets

It's a Bad Day for Banks

And the S&P 500 snaps a 3-day winning streak

(Newser) - Financial companies led a modest slide by stocks on Wall Street as a mixed batch of company earnings and declining bond yields weighed on the market, the AP reports. The selling pulled every major sector lower on Tuesday, snapping a three-day winning streak for the S&P 500. Banks took...

Markets Off to Strong Start in New Week
Markets Off to Strong
Start in New Week
MARKETS

Markets Off to Strong Start in New Week

Dow is up 249

(Newser) - Stocks notched their third positive day in a row on Monday, powered by gains in technology companies after the US gave Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. Chipmakers did especially well. Nvidia jumped 7% and Micron Technology added 3.4%. Communications companies also...

Stocks Have Strong Finish to a Rocky Week

Dow climbs more than 300 points

(Newser) - Stocks rose broadly Friday as investors ended a turbulent week on a positive note. The S&P 500 rose 41 points, or 1.4%, to 2,888; the Dow rose 306 points, or 1.2%, to 25,886; and the Nasdaq climbed 129 points, or 1.6%, to 7,895....

Stocks End Bumpy Day Mostly Higher
Stocks End
Bumpy Day
Mostly Higher
MARKETS

Stocks End Bumpy Day Mostly Higher

Make up just a fraction of Wednesday's loss

(Newser) - Stocks ended another roller-coaster day mostly higher on Wall Street, making up just a fraction of the ground they lost in a huge plunge the day before, the AP reports. Walmart was a standout Thursday, putting up a 6.1% gain after turning in solid results and raising its outlook...

Dow Opens Higher After Wednesday&#39;s Plunge
Markets Stem Slide
at Opening Bell

Markets Stem Slide at Opening Bell

But 'volatility' may be the word of the day

(Newser) - All eyes were on Wall Street at the opening bell Thursday in the wake of Wednesday's 800-point plummet —and the slide did not continue at the start. The Dow rose about 100 points at the open, though it then dipped modestly into the red in the first 10...

Tariff Delay Sends US Stocks Soaring
Tariff Delay Sends
US Stocks Soaring
MARKETS

Tariff Delay Sends US Stocks Soaring

Dow ends day up 382

(Newser) - Stocks shot higher after the US said it would delay tariffs on Chinese imports of mobile phones, toys, and other items typically on holiday shopping lists. Retailers and makers of electronics and toys rose sharply, the AP reports. Best Buy rose 6.5%, Intel climbed 2.7% and Mattel added...

Stocks Cap Wild Week With Losses
Stocks Cap Wild Week
With Losses
MARKETS

Stocks Cap Wild Week With Losses

Dow falls 90

(Newser) - Stocks stumbled on Wall Street Friday, after veering between modest and sharp losses, as worries flashed yet again about President Trump's trade war with China. The declines bookend a wild week where markets zoomed down, up, and down again as investors struggled to make sense of a trade dispute...

Stocks End Higher, Erasing Week&#39;s Losses
Stocks End Higher,
Erasing Week's Losses
MARKETS

Stocks End Higher, Erasing Week's Losses

Dow ends day up 371

(Newser) - Stocks are ending broadly higher as investors set aside concerns, for now, about the heated trade war between the US and China that roiled markets earlier in the week, the AP reports. The gains Thursday erased the week's losses for the S&P 500 index. It was the third...

After Sinking as Much as 589, Dow Ends the Day Down 22

There were signs of worry from investors

(Newser) - Stocks shook off a big drop and ended little changed on Wall Street, but there were still plenty of signs investors were worried about how the growing US-China trade dispute could hurt the global economy, the AP reports. Bond prices rose and the price of gold jumped to a six-year...

Wednesday Brings Another Ugly Start on Wall Street

Dow was down more than 500 points in early trading

(Newser) - "August swoon resumes on Wall Street," proclaims CNBC's headline as the Dow plunged more than 500 points early Wednesday as fearful investors dumped stocks and shoveled money into bonds. The Dow is down about 510 points as of this writing. Bond prices continued to rise sharply, sending...

Stock Indexes Claw Back Some Lost Ground
Stock Indexes
Claw Back
Some Lost Ground
MARKETS

Stock Indexes Claw Back Some Lost Ground

Wall Street rebounds a bit after wild Monday

(Newser) - Stocks are closing broadly higher on Wall Street as gains by technology companies and banks helped the market gain back almost half the ground it lost in a big sell-off the day before , the AP reports. Apple and Microsoft each rose 1.9% Tuesday, and video game maker Take-Two Interactive...

Dow Down 98 Over Trade Worries
Dow Down 98
Over Trade Worries
MARKETS

Dow Down 98 Over Trade Worries

S&P 500 loses 3.1% for the week

(Newser) - Stocks are closing out their worst week of the year as traders worry that President Trump's escalating trade war with China could damage the economy. Technology stocks came under the heaviest selling pressure Friday. Apple lost 2.2% and Broadcom gave back 2.4%. Safe-play stocks did relatively well...

Stocks Sink After Trump Raises Tariffs
Stocks Sink After
Trump Raises Tariffs
MARKETS

Stocks Sink After Trump Raises Tariffs

They had been on track for a good day

(Newser) - Stocks took a nosedive and bond prices spiked after President Trump said the US would raise tariffs on more Chinese goods, increasing the stakes in an ongoing trade battle, the AP reports. The market had been on track for its biggest gain in nearly two months Thursday. The Dow Jones...

Stocks Sink as Hopes for More Rate Cuts Fade
Stocks Sink as
Hopes for More
Rate Cuts Fade
MARKETS

Stocks Sink as Hopes for More Rate Cuts Fade

Dow ends day down 333

(Newser) - Stocks fell and bond yields rose after the Federal Reserve lowered its key interest rate for the first time in a decade but left investors feeling uncertain about the likelihood of further cuts, the AP reports. The quarter-point cut announced Wednesday was widely expected, so investors focused on Chairman Jerome...

Stocks Edge Lower on Wall Street
Stocks Edge Lower
on Wall Street
MARKETS

Stocks Edge Lower on Wall Street

Dow slips 23 points

(Newser) - Stocks closed mostly lower on Wall Street as traders didn't find much to like in a mixed batch of corporate earnings, the AP reports. The modest slide Tuesday came after President Trump ramped up criticism of China just as negotiators began a new round of talks in the nations'...

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