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Tag Archives: banking

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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Political risks weigh on global markets ahead of oil data

A raft of political risks kept a lid on global stock markets on Wednesday, a day after the Dow Jones industrial average struck a new milestone. KEEPING SCORE: In Europe, the FTSE 100 index of leading British shares was down 0.1 percent at 7,176 while Germany’s DAX fell 0.1 percent to 11,539. The CAC 40 in France was 0.3 percent ...

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US stocks jump following strong January jobs report

U.S. stocks are climbing Friday morning after the government said employers stepped up their hiring last month, another positive sign for the U.S. economy. The biggest gains are going to small-company stocks, which stand to benefit from a pickup in the economy. Banks rose sharply after President Trump took a first step toward scaling back financial industry regulations. Major stock ...

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Stocks rise on hiring survey; Apple climbs on better sales

Stocks are moving higher Wednesday morning after a survey showed private U.S. employers hired new workers at a faster pace in January, a sign that the economy could be getting stronger. Technology stocks are climbing after Apple said iPhone sales improved in its last quarter, which sent its stock to its highest price in more than a year. The market ...

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Weak quarterly reports push stocks lower for a second day

U.S. stocks are falling Tuesday morning following weak fourth-quarter results from companies including UPS and Under Armour. Investors moved money into bonds and stocks that pay large dividends, like utilities. Stocks took losses a day earlier after President Donald Trump imposed a travel ban on seven Muslim-majority countries. KEEPING SCORE: The Dow Jones industrial average fell 127 points, or 0.6 ...

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US stock indexes edge higher in early trading; oil rising

U.S. stock indexes edged higher in early trading Thursday, extending gains a day after the Dow Jones industrial average closed above 20,000 for the first time. Energy stocks rose more than the rest of the market as the price of crude oil headed higher. Investors had their eye on the latest crop of company earnings. KEEPING SCORE: The Dow gained ...

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Dow erases gain for 2017 as stocks fall, bond yields climb

The Dow Jones industrial average erased its gain for the year on Thursday, part of a pullback for stock indexes as Treasury yields continued their upward march. KEEPING SCORE: The Dow Jones industrial average fell 109 points, or 0.6 percent to 19,696 as of 2:20 p.m. Eastern time. That puts the Dow down 0.3 percent for the year, though it’s ...

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