Stories tagged: Wall Street
THURSDAY, JAN. 12, 2017, 7:32 A.M.
Cowen & Co. races to be $6 billion pot industry’s financial guru
Cowen & Co., the nearly century-old firm founded as a bond brokerage, is racing to become Wall Street’s leading provider of cannabis research, staking a claim to an industry generally …
TUESDAY, 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.
WEDNESDAY, JAN. 4, 2017, 9:56 A.M.
Trump to pick deals lawyer Clayton to lead Wall Street cop
President-elect Donald Trump will pick Sullivan & Cromwell partner Jay Clayton to run the Securities and Exchange Commission, positioning a top lawyer to banks and hedge funds to lead Wall …
TUESDAY, 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 …
TUESDAY, 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.
WEDNESDAY, 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.
FRIDAY, 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 …
THURSDAY, 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 …
THURSDAY, 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 …
WEDNESDAY, 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 …
TUESDAY, 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 …
FRIDAY, 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 …
THURSDAY, 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 …
THURSDAY, DEC. 1, 2016, 6:08 A.M.
Trump’s Cabinet: ‘Draining the swamp’ or diving right in?
Donald Trump promised to “drain the swamp” in the nation’s capital. Instead, he’s diving right in.
WEDNESDAY, NOV. 30, 2016, 2:53 P.M.
Microsoft cheers year of ‘solid progress’ at shareholders meeting
Microsoft executives struck an upbeat tone at the company’s annual shareholders meeting on Wednesday, touting signs of success in the company’s campaign to remain relevant in a fast-changing technology world …
TUESDAY, NOV. 29, 2016, 2:13 P.M.
Giving the gift of financial well-being at the holidays
Instead of the latest toy or gadget, some people are trying to give their loved ones more financial security this holiday season.
TUESDAY, 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.
TUESDAY, 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.
MONDAY, 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.
FRIDAY, 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.
FRIDAY, 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 …
TUESDAY, 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 …
MONDAY, 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. …
MONDAY, NOV. 21, 2016, 8:48 A.M.
Oil bets are biggest in 9 years amid OPEC, Trump volatility
Money managers, producers and consumers made the biggest bets on West Texas Intermediate crude prices in nine years, amid signals more volatility is coming.
FRIDAY, 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.
THURSDAY, NOV. 17, 2016, 4:01 P.M.
Yellen says she isn’t going anywhere when Trump takes office
Federal Reserve Chair Janet Yellen appears unruffled by incoming President Donald Trump’s victory last week.
THURSDAY, NOV. 17, 2016, 1:59 P.M.
Wells Fargo new accounts tumble 44% in wake of sales scandal
Wells Fargo & Co. said retail customers opened 44 percent fewer new accounts in October from a year earlier in the wake of the bank’s record-setting settlement with regulators over …
THURSDAY, 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 …
THURSDAY, 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 …
WEDNESDAY, 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 …