Stories tagged: stock market
TUESDAY, AUG. 9, 2016, 2:13 P.M.
U.S. stocks eke out small gains; Nasdaq sets record close
U.S. stocks recovered from a late-afternoon slide to eke out small gains Tuesday, nudging the Nasdaq composite to its second record close in less than a week.
FRIDAY, JULY 29, 2016, 2:23 P.M.
Stocks close mostly higher, helped by technology, oil
Stocks ended slightly higher on Friday, helped by better-than-expected quarterly results from Google’s parent Alphabet and retailer Amazon and a modest recovery in oil prices.
WEDNESDAY, JULY 13, 2016, 8:51 A.M.
Stocks mostly lower on Wall Street in morning trading
Stocks are mostly lower on Wall Street in morning trading Wednesday after setting records the last few days. Energy companies are falling sharply along with the price of oil. Utility …
FRIDAY, JULY 8, 2016, 2:57 P.M.
Stocks finish just short of a record on strong jobs report
U.S. stocks surged Friday, finishing just short of record highs, as investors responded enthusiastically to a strong June job market report.
FRIDAY, JULY 8, 2016, 11:09 A.M.
Juno halts midstage drug study over deaths
Shares of Juno Therapeutics plunged more than 27 percent Friday, a day after halting a midstage study on a potential leukemia treatment following two patient deaths.
THURSDAY, JULY 7, 2016, 5:44 P.M.
Forecast for stocks in the second half of year: Turbulence
The stock market has been on a frustrating, dizzying roller-coaster ride to nowhere the last couple of years. It’s still not over.
MONDAY, JULY 4, 2016, 8:17 A.M.
Stocks dip in Europe amid thin trading; U.S. closed for holiday
European stock markets slipped Monday, despite gains earlier in Asia, as investors awaited more clarity on Britain’s future outside the European Union and a U.S. holiday kept trading volumes thin.
MONDAY, JUNE 27, 2016, 2:09 P.M.
Stocks, pound fall again due to U.K. vote uncertainty
Investor jitters over the economic fallout of Britain’s vote to leave the European Union sent U.S. stocks sharply lower Monday.
MONDAY, JUNE 20, 2016, 2:37 P.M.
Stocks rise as investors grow hopeful about British vote
Rewrites after the close of trading. With AP Photos. AP Photo NYRD101, NYRD102, NYRD103, NYRD104, NYRD105, NYRD106, NYRD107, NYRD108, NYRD109, NYRD110
MONDAY, JUNE 6, 2016, 1:34 P.M.
Energy companies lead stock market higher
Stocks closed at a new high for the year after a speech by Federal Reserve Chair Janet Yellen raised doubts over an interest rate hike this month.
FRIDAY, MAY 20, 2016, 2:43 P.M.
Stocks close higher, led by health care and tech companies
Stocks rose on Friday in a modest but broad rally that erased much of the losses from earlier in the week when investors had sold over fears of rising interest …
FRIDAY, MAY 20, 2016, 11:18 A.M.
Xerox says Ursula Burns won’t be CEO after company splits
Xerox says Ursula Burns, the first black woman to run a Fortune 500 company, won’t be CEO after the company splits in two later this year.
FRIDAY, MAY 20, 2016, 10:13 A.M.
Gannett urges Tribune holders to reject nominees for board
Five days after boosting its unsolicited takeover bid for Tribune Publishing Co. by 22 percent, USA Today owner Gannett is urging Tribune shareholders to reject the company’s slate of nominees …
THURSDAY, MAY 19, 2016, 5:52 P.M.
Stocks fall over continued worry about possible Fed hike
The Dow fell 91.22 points, or 0.5 percent, to 17,435.40. The S&P 500 lost 7.59 points, or 0.4 percent, to 2,040.04. The Nasdaq composite gave up 26.59 points, or 0.6 …
THURSDAY, MAY 19, 2016, 9:13 A.M.
Golfer Phil Mickelson named in insider trading complaint
WASHINGTON – The Securities and Exchange Commission has sued professional golfer Phil Mickelson, saying he profited from an insider trading scheme conducted by a former corporate director and a professional …
THURSDAY, MAY 19, 2016, 8:05 A.M.
Tesla selling $1.4B in shares to pay for Model 3
Electric car maker Tesla Motors is selling around $1.4 billion worth of stock to help bring its lower-cost Model 3 to market.
FRIDAY, MAY 13, 2016
Movie review: Foster does what she can with ‘Money Monster’
Lee Gates, the main man in the complex thriller “Money Monster,” plays a popular stock specialist on live television, telling viewers what to buy, sell or hold. He looks and …
THURSDAY, MAY 12, 2016, 2:21 P.M.
Nordstrom shares tumble on slashed annual outlook, weak 1Q
Nordstrom’s shares are tumbling in extended trading after the upscale department store slashed is annual sales and profit outlook. The reduced guidance came as the Seattle-based chain reported that its …
THURSDAY, MAY 12, 2016, 2:20 P.M.
Stocks finish little change after weak employment report
U.S. stocks ended pretty much where they started Thursday after spending the day cycling up and down. Investors bought safe picks like phone companies and food makers after a surprisingly …
FRIDAY, MAY 6, 2016, 1:43 P.M.
Stocks shake off earlier loss to close higher
The Dow Jones industrial average rose 79.92 points, or 0.5 percent, to 17,740.63. The Standard & Poor’s 500 index rose 6.51 points, or 0.3 percent, to 2,057.14 and the Nasdaq …
FRIDAY, MAY 6, 2016, 9:16 A.M.
Herbalife says it’s in advanced talks with FTC, shares soar
Shares of Herbalife surged more than 11 percent in early trading Friday after disclosing that it’s in advanced talks to settle a federal investigation into claims that the company essentially …
FRIDAY, MAY 6, 2016, 9:13 A.M.
Stocks slip as jobs report shows hiring slowdown
Stocks were modestly lower in Friday morning after a report on the U.S. economy showed a significant slowdown in hiring last month, echoing weakness seen earlier in the week in …
THURSDAY, MAY 5, 2016, 1:55 P.M.
Stocks close flat as investors await Friday’s jobs report
The Dow Jones industrial average rose 9.45 points, or less than 0.1 percent, to 17,660.71. The Standard & Poor’s 500 index fell 0.49 of a point, less than 0.1 percent, …
THURSDAY, MAY 5, 2016, 7:38 A.M.
Fannie Mae posts $1.1B profit in 1Q; paying $919M dividend
Mortgage giant Fannie Mae posted net income of $1.1 billion for the first quarter, down from a year ago as declining interest rates reduced the value of the financial instruments …
WEDNESDAY, MAY 4, 2016, 2:58 P.M.
Weak U.S. hiring report sends stocks lower
U.S. and global stock indexes moved lower a second day Wednesday following a dismal report on job creation that gave investors concern over the state of the economy. The data …
WEDNESDAY, MAY 4, 2016, 1:07 P.M.
ICE backs away from bid for London Stock Exchange
Intercontinental Exchange has jettisoned plans to acquire the London Stock Exchange.
MONDAY, MAY 2, 2016, 11:56 A.M.
Gannett tells Tribune shareholders not to vote for board
Gannett is escalating its pursuit of buy rival newspaper company Tribune, telling shareholders of Tribune not to vote for its board member nominees up for election in June.
FRIDAY, APRIL 29, 2016, 8:06 A.M.
Exxon’s 1Q profit plunges 63 percent on lower oil prices
Exxon Mobil produced its weakest quarter in more than 16 years as lower oil prices pushed its profit down by 63 percent. Revenue tumbled 28 percent, and the oil giant …
THURSDAY, APRIL 28, 2016, 2:54 P.M.
Carl Icahn dumps all of his Apple stock
Billionaire business magnate Carl Icahn, whose investment decisions can influence the stock market, said Thursday that he dumped what was left of his nearly 1 percent stake in Apple Inc. …
THURSDAY, APRIL 28, 2016, 2:20 P.M.
Stocks skid as Apple pulls tech companies lower
U.S. stocks took their biggest loss in three weeks on Thursday after a late sell-off. Apple, which is mired in a slump, fell to its lowest price in about two …