Stories tagged: stock market
Fri., Dec. 9, 2016, 2:13 p.m.
Record-setting stock streak hits sixth day on broad gains
U.S. stocks rose for the sixth day in a row Friday as major indexes continued to set records. The biggest gains went to companies that have been mostly left out …
Thu., Dec. 8, 2016, 3:31 p.m.
Donald Trump’s victory has been very good for the Dow – so far
Before the 2016 election, one of the many predictions that turned out to be incorrect was that the markets weren’t accounting for the possibility of a Donald Trump win. If …
Thu., Dec. 8, 2016, 1:58 p.m.
Bullish investors push stocks to all-time highs
After a quiet start, major U.S. stock indexes again set all-time highs Thursday afternoon as the market built on a surge the previous day. Banks continued to lead the way …
Wed., Dec. 7, 2016, 2:54 p.m.
Broad rally drives Dow, S&P 500 indexes to record highs
The Dow Jones industrial average and Standard & Poor’s 500 indexes soared to their biggest gains since the presidential election on Wednesday and set all-time highs. Investors bought stocks that …
Wed., Dec. 7, 2016, 12:09 p.m.
Buffett’s shrinking Wal-Mart stake signals Amazon holiday threat
When Berkshire Hathaway Inc. Vice Chairman Charles Munger lamented the mistakes made in the company’s first 50 years under Warren Buffett, he cited the failure to buy Wal-Mart Stores stock …
Tue., Dec. 6, 2016, 9:46 a.m.
Supreme Court upholds broad power to curb insider trading
A unanimous Supreme Court on Tuesday sided with the government in a legal clash over the nation’s insider trading laws, a victory for prosecutors seeking to curb corruption on Wall …
Tue., Dec. 6, 2016, 8:53 a.m.
Trump tidbits: Aide says president-elect sold all his stocks in June
A spokesman for Donald Trump says the president-elect sold all of his stocks in June. The spokesman did not provide any proof or specify the stocks that were sold.
Tue., Dec. 6, 2016, 8:30 a.m.
Saudi Arabia switches OPEC tack with eye on world’s top IPO
To understand why Saudi Arabia changed course and decided OPEC should go back to managing supply, look at two of the kingdom’s biggest policy challenges: the urgent need to plug …
Mon., Dec. 5, 2016, 1:11 p.m.
Expedia IT worker snooped on CFO emails, made illegal trades
A former information technology worker at Expedia Inc. has pleaded guilty to allegations that he used his access to the computers of top executives to rummage through their email, then …
Fri., Dec. 2, 2016, 2:45 p.m.
Stocks tread water as big dividend payers jump and banks dip
Investors are making a small move back to traditionally safe assets Friday afternoon after the rally of the last few weeks. Bonds are rising, as are real estate, telecommunication and …
Thu., Dec. 1, 2016, 1:56 p.m.
Oil and banks take Dow to new highs, but tech companies dive
Technology companies plunged Thursday, and high-dividend stocks also took hefty losses as bond yields rose to their highest level in more than a year. But more big gains for blue-chip …
Tue., Nov. 29, 2016, 1:59 p.m.
Stocks close higher, helped by health care companies
Stocks closed slightly higher on Tuesday, boosted by health-care companies like UnitedHealth Group, which helped outweigh steep declines in energy companies.
Tue., Nov. 29, 2016, 8:57 a.m.
U.S. bank earnings up nearly 13 percent in 3Q
U.S. banks’ earnings in the July-September period jumped nearly 13 percent from a year earlier as continued growth in lending fueled interest income.
Mon., Nov. 28, 2016, 2:29 p.m.
Stocks pull back from records; banks, retailers fall
Stocks pulled back slightly on Monday, retreating from the records the market set last week.
Fri., Nov. 25, 2016, 3:01 p.m.
U.S. stocks rise to fresh records in shortened session
Stocks hit fresh records in a shortened trading session Friday as investors continued to bet on a pickup in economic growth and rising corporate profits.
Fri., Nov. 25, 2016, 7:25 a.m.
U.S. stocks are rising in early trading in shortened session
Stocks are rising in early trading Friday as the market continues a record-setting run. Trading was relatively quiet as investors returned from the Thanksgiving holiday in the U.S. Safe-play stocks …
Thu., Nov. 24, 2016, 5:56 a.m.
How Trump could affect value of the dollar
Since Donald Trump was elected president, the value of the U.S. dollar is up about 4 percent against the currencies of our trading partners. And that “Trump bump” in the …
Tue., Nov. 22, 2016, 2:06 p.m.
Dow surpasses 19,000 as a record-setting drive continues
The Dow Jones industrial average surpassed 19,000 for the first time Tuesday as a post-election rally drove indexes further into record territory. Discount store chains made large gains, but health …
Mon., Nov. 21, 2016, 1:34 p.m.
U.S. stock indexes set records as oil prices jump
A jump in oil prices helped pull U.S. stocks to record highs Monday as investors continue to hope for a cut in oil production that could help prices go higher. …
Fri., Nov. 18, 2016, 7:31 a.m.
DuPont to end pension contribution for active employees
DuPont says it will soon stop contributing to active employees’ pension plans, a move that will affect the retirement of 13,000 U.S. workers, including 2,800 in Delaware.
Thu., Nov. 17, 2016, 1:50 p.m.
Bank stocks surge again, leading broader market higher
U.S. stocks rose Thursday as banks resumed their steep upward climb and retailers moved higher. Federal Reserve Chair Janet Yellen emphasized that the Fed plans to raise interest rates, which …
Thu., Nov. 17, 2016, 11:08 a.m.
Wal-Mart’s profit falls but beats estimates; revenue misses
Wal-Mart Stores Inc. reported its third-quarter profit fell 8.2 percent, dragged down by investments in e-commerce and its stores. Its earnings still beat Wall Street estimates. But its revenue fell …
Wed., Nov. 16, 2016, 2:56 p.m.
Fed rate-hike odds approach 100 percent in Anticipation of Trump
Analysts spent early November warning a Trump victory in the U.S. presidential election would make the Federal Reserve less likely to raise interest rates. What happened instead is that it …
Wed., Nov. 16, 2016, 11:59 a.m.
Banking plan aims to end ‘too-big-to-fail’ risks
Federal Reserve Bank of Minneapolis President Neel Kashkari proposed a series of new rules for banks and non-bank lenders that he said would eliminate the threat posed by financial institutions …
UPDATED: Mon., Nov. 14, 2016, 10:10 a.m.
Markets right now: Techs pull markets lower
Stocks are opening modestly higher on Wall Street, led by gains in banks as interest rates continue to rise.
Fri., Nov. 11, 2016, 12:53 p.m.
Supercharged Chicago-to-Tokyo stock trading network in the works
Some of the world’s top trading firms have agreed to build a faster data transmission network between Chicago and Tokyo, according to a person familiar with the matter, a move …
Fri., Nov. 11, 2016, 10:02 a.m.
Bonds plunge by $1 trillion this week as Trump seen as game changer
More than $1 trillion was wiped off the value of bonds around the world this week as U.S. President-elect Donald Trump’s policies are seen boosting spending and quickening inflation.
Wed., Nov. 9, 2016, 2 p.m.
U.S. stocks surge following Trump victory; bond prices tumble
It turns out that President Donald Trump may not be bad for the stock market after all.
Wed., Nov. 9, 2016, 7:16 a.m.
US stocks mixed in early trade; bond prices tumble
Stocks indexes veered between small gains and losses in early trading Wednesday as Wall Street sized up the implications of Donald Trump’s stunning victory in the U.S. presidential election. The …
Mon., Nov. 7, 2016, 9:53 a.m.
Stocks sharply higher in morning trading after FBI clears Clinton
Financial companies led a broad rally in U.S. stocks in morning trading Monday as investors focused on the latest turns ahead of Election Day. The FBI announced late Sunday that …