Stories tagged: Financial markets
UPDATED: Wed., May 17, 2017, 1:43 p.m.
Stocks have worst day since September as traders worry about Washington turmoil
Stocks dropped and foreign currencies gained against the U.S. dollar as the weeklong drumbeat of bad news surrounding the Trump administration sows doubts about whether the president’s pro-business policies will …
Tue., March 21, 2017, 11:57 a.m.
Stocks tumble as banks, industrials take broad losses
U.S. stocks are on track for their biggest loss this year as banks tumble and industrial companies such as transportation stocks take large losses. Small-company stocks are falling more than …
Mon., March 13, 2017, 1:02 p.m.
Wait and see: Stocks steady at beginning of jam-packed week
U.S. stock indexes held steady Monday at the beginning of a week full of events that could swing markets. The Federal Reserve may raise interest rates, more countries around the …
Fri., Feb. 17, 2017, 7:11 a.m.
‘In Trump We Trust’ is market mantra as chaos besets White House
Follow the money: it’s a classic Washington catchphrase. And if you follow the money on Wall Street right now, it’s hard to see how all that chaos in the White …
Fri., Feb. 10, 2017, 1:35 p.m.
Stock indexes extend climb into record heights
Miners and other raw materials companies led a broad rally in U.S. stocks late Friday afternoon, steering the major indexes toward record highs for the second day in a row. …
Thu., Feb. 9, 2017, 2:08 p.m.
Stocks rise to records on vague promise of tax cuts
All it took was a vague promise for a “phenomenal” tax plan. U.S. stocks rose to records, the dollar jumped and Treasuries fell after President Donald Trump said long-awaited details …
Fri., Feb. 3, 2017, 2:14 p.m.
Banks lead stock surge as investors hope for regulation cuts
Banks and other financial companies made big gains Friday after President Donald Trump moved to scale back regulations on the financial industry. Other stocks also rose as investors were also …
Tue., Jan. 31, 2017, 11:41 a.m.
Weak quarterly reports push stocks lower for a second day
U.S. stocks are falling Tuesday following weak fourth-quarter results from companies including UPS and Under Armour. Industrial and financial companies are down the most as investors move money into bonds …
Fri., Jan. 6, 2017, 12:01 p.m.
Dow nears 20,000 barrier as higher wages boost stocks
The Dow Jones industrial average is tantalizingly close to the 20,000 mark Friday as U.S. stock indexes close in on all-time highs following a shaky start. The federal government’s December …
Tue., Jan. 3, 2017, 9:55 a.m.
Stocks ring in 2017 with gains as energy companies rise
U.S. stock indexes are jumping on the first trading day of 2017. Energy companies are climbing with the price of oil, while banks are advancing thanks to a bump in …
Fri., Dec. 30, 2016, 11:47 a.m.
Stocks move lower in afternoon trading; oil heads down
Technology companies led U.S. stock indexes modestly lower Friday afternoon on the final day of trading for the year. Real estate stocks and banks were on track to eke out …
Tue., Dec. 27, 2016, 1:56 p.m.
Stocks close higher as Nasdaq hits record high, oil rises
A day of quiet trading on Wall Street ended Tuesday with the Dow Jones industrial average inching closer to 20,000 and a record high for the Nasdaq composite.
Wed., Dec. 21, 2016, 1:43 p.m.
Not today: Dow still short of 20,000 as health stocks skid
Stocks finished slightly lower Wednesday as health care companies continued to struggle. Energy companies rose as the price of natural gas surged on the first day of winter.
Thu., Dec. 15, 2016, 10:25 a.m.
Dollar rises to 13-year high as U.S. stocks rebound, gold sinks
The dollar climbed to the highest level since 2003 against the euro and gold plunged as the prospect of a steeper path for U.S. interest rates filtered through markets. U.S. …
Tue., Dec. 13, 2016, 12:03 p.m.
Dow nears 20,000 as familiar tech and retail names climb
Major U.S. stock indexes are reaching record highs Tuesday as big-name technology companies like Apple trade higher and energy companies extend a recent winning streak.
Fri., Nov. 4, 2016, 3:59 p.m.
S&P 500 index marks its longest losing streak in 36 years
The slow, steady retreat of the stock market ahead of the 2016 election continued Friday, with the market falling for a ninth straight day. Wall Street is now in its …
Fri., Oct. 7, 2016, 4:29 p.m.
Stocks end lower to cap first weekly loss in a month
Stocks ended slightly lower on Wall Street on Friday, giving the market its first weekly decline in a month.
Thu., Oct. 6, 2016, 10:29 a.m.
Stocks turn broadly lower, giving up gains from day before
Health care and bank stocks are leading a broad decline on Wall Street Thursday as the market sheds some gains from the day before. Yields on government bonds rose again. …
Wed., Oct. 5, 2016, 11:22 a.m.
Banks, energy companies lead stock market higher
Energy companies and banks are leading stocks higher in afternoon trading on Wall Street.
Tue., Sept. 27, 2016, 8:07 p.m.
Tech and consumer companies lead U.S. stocks higher
U.S. stocks rebounded Tuesday and climbed after a survey showed consumer confidence is at a nine-year high, a sign Americans will keep spending in the months to come. Technology and …
Tue., Sept. 27, 2016, 4:54 p.m.
U.S. consumer confidence jumps in September
U.S. consumer confidence in September rose to the highest level in nine years, a hopeful sign that economic growth will accelerate in coming months.
Tue., Sept. 13, 2016, 6:07 p.m.
Oil glut predicted into 2017 as supply outpaces demand
The much-anticipated rebalancing of oil markets appears to be a bit further away after the International Energy Agency revised its forecast, trimming its expectations for the growth in oil demand …
Wed., Aug. 17, 2016, 11:04 a.m.
U.S. stocks get modest lift from Federal Reserve comments
U.S. stocks are a tick lower Wednesday as the market inches away from recent record highs.
Fri., Aug. 12, 2016
U.S. stock indexes move higher in afternoon trading; oil up
Energy companies and retailers led U.S. stocks broadly higher in afternoon trading Thursday, putting the market on course for another record-high close. Investors welcomed the latest quarterly results from several …
Wed., Aug. 10, 2016, 5:06 p.m.
U.S. stocks close modestly lower as oil slumps
A sharp sell-off in energy companies pulled U.S. stock indexes modestly lower Wednesday, wiping out small gains from the day before.
Fri., Aug. 5, 2016, 2:06 p.m.
U.S. stocks rise to record highs after strong jobs report
U.S. stocks jumped to record highs Friday after a strong jobs report for the month of July gave investors more confidence that the economy is still growing. Financial and technology …
Thu., Aug. 4, 2016, 2:09 p.m.
U.S. stocks barely budge ahead of monthly jobs report
U.S. stocks wavered Thursday and finished barely higher as an interest rate cut by the Bank of England, a move intended to shore up the British economy, wasn’t enough to …
Fri., July 22, 2016, 11:39 a.m.
Stock indexes inch higher, approach record highs again
Stocks rose Friday afternoon trading, the latest nudge forward for a market that has taken a decidedly slow-and-steady path to record highs. Telecom and utility stocks led the way, as …
Fri., July 1, 2016, 11:17 a.m.
As desire to acquire mounts, so does risk of losses
The word suggests compassion, benevolence. It even sounds nice. Goodwill. Mankind needs more of it. But in the financial world, there may be far too much already. Goodwill is the …
Wed., June 29, 2016, 10:14 a.m.
U.S. stocks claw back half of ground lost post-British vote
U.S. stocks moved broadly higher in morning trading Wednesday, echoing strong gains in global markets as investor worries about Britain’s vote to leave the European Union eased. Traders also got …