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Stories tagged: Wall Street


Banks, insurers pull stocks lower; Oil snaps 12-day skid

An early rally drove major indexes sharply higher but was gone by midday, leaving the market headed lower for the rest of the day.


UPDATED: Mon., Nov. 12, 2018, 3:22 p.m.

Tech giants slide, pulling U.S. stock market sharply lower

A broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking more than 600 points off the Dow Jones Industrial Average.


UPDATED: Tue., Nov. 6, 2018, 4:24 p.m.

Industrials, tech lead U.S. stocks higher ahead of elections

U.S. stocks rose Tuesday as industrial and technology companies recovered some of the big losses they took over the past month. Strong company earnings also contributed to the gains, but …


UPDATED: Wed., Oct. 31, 2018, 7:15 p.m.

U.S. stocks rally again, but finish October with steep losses

Stocks climbed for the second day in a row Wednesday at the end of a brutal month for the global market. Investors applauded strong quarterly results from companies that included …


Stocks tumble again on report U.S. plans more tariffs

U.S. stocks fell, with the S&P 500 flirting with a correction as technology shares tumbled after a report the Trump administration was set to press its trade war with China. …


Tech meltdown pushes stocks to edge of correction

A rout in technology shares deepened Friday, threatening to push the S&P 500 Index into corrective territory along with the Nasdaq Composite Index, in one of the most volatile weeks …


Buckle up: Wall Street volatility is back with a vengeance

If you’re an investor who was lulled to sleep by the stock market’s calm, steady gains this summer, you’re wide awake by now.


UPDATED: Wed., Oct. 24, 2018, 7:01 p.m.

Tech companies lead another steep sell-off in U.S. stocks

Another torrent of selling gripped Wall Street Wednesday, sending the Dow Jones Industrial Average plummeting more than 600 points and erasing its gains for the year.


UPDATED: Tue., Oct. 23, 2018, 7:48 p.m.

Stocks mostly recover from an early plunge on Wall Street

A turbulent day on Wall Street ended Tuesday with stocks climbing nearly all the way out of a steep, broad sell-off that at one point erased more than 500 points …


UPDATED: Fri., Oct. 19, 2018, 4:34 p.m.

Another shaky stock week closes

U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued sell former favorites like retailers. Household goods makers rose again as a week …


UPDATED: Tue., Oct. 16, 2018, 7:13 p.m.

Stocks surge, recovering some recent losses; Dow climbs 547

Morgan Stanley, Goldman Sachs and UnitedHealth led a parade of companies that reported profits for the third quarter that surpassed analysts’ expectations. Technology companies also jumped after taking steep losses …


Stocks post slight gains at end of an ugly week on Wall Street

U.S. markets rebounded Friday from a midweek scare, including a jarring two-day loss of nearly 1,400 points for the Dow Jones industrial average. Friday’s turnaround was led by solid third-quarter …


UPDATED: Thu., Oct. 11, 2018, 8:36 p.m.

Stocks continue plunge; Dow’s two-day loss reaches 1,300 points

U.S. stocks sank more than 2 percent Thursday, the second day of steep declines around the globe driven by concerns about rising interest rates and trade tensions that could slow …


UPDATED: Wed., Oct. 10, 2018, 3:38 p.m.

Dow industrials sink 831 points as tech companies plunge

U.S. stocks plunged to their worst loss in eight months on Wednesday as technology companies continued to drop. The Dow Jones Industrial Average fell 831 points.


It’s high times for soaring marijuana stocks on Wall Street

Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. Some experts are concerned that the …


UPDATED: Wed., Aug. 15, 2018, 3:46 p.m.

Stocks tumble as tech, commodities trigger fears

U.S. stocks had their worst day in seven weeks Wednesday amid a broad decline in global equities as technology shares were roiled by disappointing results from Chinese internet giant Tencent …


Wall Street claims success on diversity — at least with interns

This year’s crop of interns is Bank of America’s “most diverse group ever,” the lender told investors on its second-quarter earnings call. Women comprise 45 percent of the current class …


Big banks saved $3.6B in taxes last quarter under new law

The nation’s six big Wall Street banks posted record, or near record, profits in the first quarter, and they can thank one person in particular: President Donald Trump.


Tumbling banks hold back S&P 500 as earnings season launches

Bank stocks buckled on Friday, even after several reported fatter profits than analysts expected, and the sharp declines overshadowed gains elsewhere in the market to drag the S&P 500 lower.


UPDATED: Fri., March 23, 2018, 6:58 p.m.

U.S. stocks take more losses as investors fear trade war

Stocks around the world plunged Friday as investors feared that a trade conflict between the U.S. and China, the biggest economies in the world, would escalate. A second day of …


UPDATED: Thu., March 22, 2018, 8:57 p.m.

Asian shares slump on fears of trade war between US, China

Asian stock markets slumped Friday after Beijing responded to the Trump administration’s tariff hikes by saying it may order higher import duties on a range of U.S. goods, ratcheting up …


Stocks fall as S&P 500 closes out cruelest month in two years

U.S. stocks sank again on Wednesday and cemented February as the worst month for the market in two years.


Investor Warren Buffett says good deals tough to find

Investor Warren Buffett says Wall Street’s lust for deals has prompted CEOs to act like oversexed teenagers and overpay for acquisitions, so it has been hard to find deals for …


Colgate-Palmolive shares fall on sales, growth concerns

Colgate-Palmolive Co. shares fell Friday after the consumer products maker posted revenue that missed forecasts.


Long shutdown could hurt economy, a short one just ‘a blip’

If the shutdown lasts just days or even a couple of weeks, the robust stock market that President Donald Trump has boasted about probably will emerge unscathed. A longer impasse, …


Wall Street’s Goldman Sachs to offer home improvement loans

Wall Street’s best known investment bank is looking to help you renovate your bathroom.


Wall Street’s love of tax cuts drove Dow to 25,000 mark

The Dow Jones industrial average surged past 25,000 Thursday, a strong signal of investor enthusiasm for President Donald Trump’s $1.5 trillion tax cut. The milestone comes less than a year …


Tesla’s scant disclosures leave Wall Street guessing on Model 3

Tesla may have delivered about four times more Model 3 sedans last quarter than in the prior three months, or boosted sales by a factor of 40, depending on which …


UPDATED: Fri., Dec. 29, 2017, 4:25 p.m.

U.S. stocks slide on final trading day of 2017

Wall Street capped 2017 with a loss, weighed down by a broad slide in light trading ahead of the New Year’s holiday.


UPDATED: Thu., Nov. 30, 2017, 7:02 p.m.

Even with stocks at record highs, experts see ‘Santa’ jump

December on average is the best month for stocks. Investors call the gains a Santa Claus rally: a late-year boost that helps the markets end on a high note. Although …