Stories tagged: Wall Street
Tue., Feb. 28, 2017, 7:20 a.m.
Target rattles Wall Street with weak quarter, outlook
Target reported a 43 percent drop in fourth-quarter profit and weak store sales overshadowed an improving online performance. Its outlook for the first quarter and all of 2017 were far …
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.
Fri., Feb. 17, 2017, 7:11 a.m.
‘In Trump We Trust’ is market mantra as chaos besets White House
Follow the money: it’s a classic Washington catchphrase. And if you follow the money on Wall Street right now, it’s hard to see how all that chaos in the White …
Fri., Feb. 10, 2017, 9:51 a.m.
Fed urged to nix stress tests as GOP pushes banks’ wish list
Republican lawmakers are increasingly going after a target that’s long triggered compliance headaches for Wall Street: the Federal Reserve’s annual assessments of whether banks can survive financial meltdowns.
Fri., Feb. 3, 2017, 2:14 p.m.
Banks lead stock surge as investors hope for regulation cuts
Banks and other financial companies made big gains Friday after President Donald Trump moved to scale back regulations on the financial industry. Other stocks also rose as investors were also …
Fri., Feb. 3, 2017, 10:06 a.m.
Trump to sign executive order calling for rollback of Wall Street reform
President Donald Trump plans to sign an executive order on Friday to ease regulations put in place after the 2008 financial crisis to rein in Wall Street, according to a …
Wed., Feb. 1, 2017, 1:37 p.m.
Apple surges on iPhone sales; stock indexes wobble
Investors didn’t react much to a strong hiring survey or the Federal Reserve’s decision to leave interest rates unchanged Wednesday, and U.S. stocks finished little changed Wednesday. Apple soared after …
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, 8:17 a.m.
Boeing sees more airliner deliveries, lower defense revenue
Boeing Co. beat Wall Street expectations for fourth-quarter profit despite a slump in revenue from its defense business. The company forecast Wednesday that deliveries of commercial airplanes will rise slightly …
Thu., 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 …
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.
Wed., 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 …
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 …
Tue., 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.
Wed., 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.
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 …
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 …
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 …
Thu., 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.
Wed., 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 …
Tue., 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.
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 …