Stories tagged: stock market
Tue., May 30, 2017, 9:02 a.m.
Shares in British Airways’ parent company tumble
Shares in British Airways’ parent company tumbled Tuesday after a catastrophic IT failure stranded thousands of passengers during a long holiday weekend.
Fri., May 19, 2017, 8:27 a.m.
Foot Locker stock plunges after blaming tax-refund lag for slowdown
Foot Locker Inc. suffered its worst stock decline in more than eight years after first-quarter results missed analysts’ estimates, an outcome the retailer blamed in part on slow income-tax refunds.
Tue., May 9, 2017, 4:54 p.m.
Eight senators seek insider trading investigation of Carl Icahn
Eight U.S. senators have requested an investigation into whether a billionaire investor and adviser to President Donald Trump violated insider trading rules with bets made in the renewable fuel credit …
Thu., May 4, 2017, 9:14 a.m.
EU eying rules that could move key London financial market
The European Union is preparing new rules that could force a key financial market, and potentially thousands of jobs, to leave London once Britain exits the bloc.
Tue., April 25, 2017
Samuelson: Does Trump Rally rest on illusion or reality?
One test comes this week when, says Silverblatt, nearly 200 major companies report profits for 2017’s first quarter.
Mon., April 24, 2017, 8:07 a.m.
U.S. stocks follow global markets higher after French election
U.S. stocks joined a worldwide rally Monday morning after election results in France over the weekend raised expectations that the European Union and euro currency will remain intact. A candidate …
Tue., April 18, 2017, 5:33 a.m.
Wells Fargo CEO, chairman buy $5 million of stock after review
Wells Fargo & Co. Chief Executive Officer Tim Sloan and Chairman Stephen Sanger bought more than $5 million of the company’s stock a week after the board published a report …
Tue., March 28, 2017, 8:28 a.m.
U.S. stock indexes veer higher as consumer confidence gains
U.S. stock indexes moved slightly higher in morning trading Tuesday as investors weighed the latest batch of company earnings and economic news. New data showed strong gains in consumer confidence …
Mon., March 27, 2017, 10:10 a.m.
Canada marijuana stocks surge after report of legalization date
The frenzy surrounding Canada’s marijuana market intensified Monday after a report the government will unveil plans to legalize sales for recreational use in April.
Fri., March 24, 2017, 9:03 a.m.
New investor at embattled SeaWorld sends shares skyward
Shares of SeaWorld, which have been cut in half since coming under scrutiny over the killer whales it holds in captivity, are up 12 percent before the opening bell on …
Thu., March 9, 2017, 10:20 a.m.
Stock market surge lifts household wealth to $92.8 trillion
The stock market’s rise to record levels fueled a big increase in U.S. household wealth in the final three months of last year. The wealth gains could lead to more …
UPDATED: Thu., March 2, 2017, 5:50 p.m.
Snap shares soar in market debut
Snap, the parent company of the ephemeral messaging service Snapchat, debuted Thursday on the New York Stock Exchange. SNAP started its life as a public company with an estimated value …
UPDATED: Mon., Feb. 27, 2017, 4:46 p.m.
Why the stock market has climbed to record highs despite Trump uncertainty
It’s often said the stock market hates uncertainty, so one might assume Wall Street would be very skittish about President Trump. Far from it, at least for now.
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 …
Wed., Jan. 25, 2017, 1:42 p.m.
Dow tops 20,000 as earnings feed rally, bonds fall
The Dow Jones Industrial Average climbed past 20,000 for the first time as stocks around the world extended a rally after corporate earnings reignited investors’ optimism in economic growth. Bonds …
Wed., Jan. 25, 2017, 8:12 a.m.
Dow 20,000, your gift for living through Brexit and the election
Between the worst start to a year ever, the violent reversals of last March, then Brexit and the U.S. elections sending stocks into the biggest tailspins since the flash crash, …
UPDATED: Wed., Jan. 25, 2017, 8:02 a.m.
Dow hits 20,000 for the first time ever as stocks keep climbing
The Dow Jones industrial average reached 20,000 points for the first time in history Wednesday as the stock market extended its rally in response to the election of President Donald …
Tue., Jan. 10, 2017, 1:52 p.m.
Millennials may need to double how much they save for retirement
The projections are in and Wall Street analysts have pretty low expectations for how the stock market will perform this year.
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, 4:19 p.m.
Stocks end modestly lower on final trading day of 2016
Investors capped a year of solid gains on Wall Street in a selling mood Friday, sending the major U.S. stock indexes modestly lower on the final trading day of 2016.
Thu., Dec. 29, 2016, 10:22 a.m.
Stocks drift lower in afternoon trading; oil price slips
Banks led U.S. stock indexes slightly lower in afternoon trading Thursday as the market gave back small gains from earlier in the day. Utilities, real estate stocks and phone companies, …
Wed., Dec. 28, 2016, 1:36 p.m.
Can the stock market ride its post-election surge into the new year?
All four major U.S. stock indexes are preparing to finish the year in record territory, thanks in part to a post-election bump from optimism about the new president who takes …
Thu., Dec. 15, 2016, 4:52 p.m.
Investors proving bullish on Trump
Investors are pushing U.S. stock markets to new heights in what some are calling the “Trump rally,” anticipating that the president-elect will work with the Republican-led Congress to lower taxes …
Thu., Dec. 15, 2016, 4:46 p.m.
Hecla leads local stocks with strong price gain in 2016
2016 is ending on a strong note for 10 local, publicly traded companies. Led by Hecla Mining Co., their share prices are up an average of 46 percent.
Sun., Dec. 11, 2016
Gold ‘getting hit from all directions’ as investors flee funds
Everything’s against gold at the moment. Gold futures closed at the lowest level since February as the Federal Reserve gears up to raise rates, while U.S. equities at record levels …
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 …