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US stocks drift mostly lower in early afternoon trading

Major U.S. indexes are drifting mostly lower in early afternoon trading. Energy companies fell more than the rest of the market as crude oil prices dropped. Banks also moved lower. European markets fell after the British government said it will formally begin the process of leaving the European Union next week. KEEPING SCORE: The Standard & Poor’s 500 index lost ...

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Stocks remain firm after more strong US jobs figures

Stock markets remained firm Friday after another set of strong U.S. jobs figures cemented market expectations that the Federal Reserve will be confident enough about the state of the U.S. economy to raise interest rates again next week. KEEPING SCORE: In Europe, Germany’s DAX was up 0.6 percent at 12,052 while the CAC 40 in France rose 0.7 percent at ...

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Stocks wobble as health care climbs and industrials fall

Major market indexes are mixed Thursday following a three-day losing streak. Industrial companies are down as heavy machinery maker Caterpillar continues to slide. Health care companies are higher and banks are rising along with bond yields. Thursday marks the eighth anniversary of the current bull market. KEEPING SCORE: The Standard & Poor’s 500 index remained at 2,363 as of 3:25 ...

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MORNING MONEY: Global stocks waver after Wall Street losses

Global stock markets traded on a soft note Wednesday after Wall Street fell for a second day following U.S. President Donald Trump’s comments about reducing drug prices. KEEPING SCORE: In Europe, the FTSE 100 index of leading British shares was down 0.2 percent at 7,325 while the CAC 40 in France was flat at 4,953. Germany’s DAX was up 0.1 ...

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MORNING MONEY — Health care stocks fall in early trade on reform proposal

U.S. stock indexes are mostly lower in early trading Tuesday, while health care companies, including drugmakers and drug distributors, are falling after Republicans in Congress introduced a bill intended to replace the 2010 Affordable Care Act. Energy and materials companies are also declining. KEEPING SCORE: The Standard & Poor’s 500 index lost 4 points, or 0.2 percent, to 2,370 as ...

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Losses for banks pull US stocks further from record highs

U.S. stocks are falling for the second time in three days as banks return some of their recent gains. They surged last week as interest rates quickly rose. Losses for airlines are pulling industrial companies lower and mining and chemical companies are down after China cut its economic growth forecast. Meat producer Tyson Foods is falling after avian flu was ...

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Pension system could offer higher pay as it seeks director

Mississippi could offer a higher salary while seeking a new director for its Public Employees Retirement System, under a bill headed to the governor. The current PERS director, Pat Robertson, said in a letter Wednesday to state agency directors, employees and retirees that she intends to retire in mid- to late 2018. She started working for the pension system in ...

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US stock indexes are off to a mixed start

Stocks are off to a mixed start on Wall Street ahead of a speech by Federal Reserve Chair Janet Yellen later in the day. Investors will be listening for clues Friday on whether the central bank will raise interest rates again later this month. Several companies were moving after reporting their latest quarterly results. Costco slid 3.6 percent after the ...

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US stock indexes mixed in early trading; Oil falls

U.S. stock indexes were mostly lower in early trading Thursday, giving up some of their gains from a day earlier when the market surged to its latest record high. Materials stocks were down the most. Energy companies also fell as crude prices headed lower. Utilities were up the most. Investors were sizing up the latest batch of company earnings. KEEPING ...

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Stocks rise sharply, Dow over 21,000

  Banks and other financial companies led U.S. stocks sharply higher, pushing the Dow Jones industrial average above 21,000 points for the first time. Wednesday’s gain was the biggest for the blue-chip index so far this year. Energy companies also rose. Bank of America rose 3.8 percent and ConocoPhillips rose 3.1 percent. The rally came a day after President Donald ...

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