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Tag Archives: NASDAQ

Phone and bank stocks push indexes higher; Dow at record

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Stocks posted slight gains on Tuesday, sending the Dow Jones industrial average to another record, helped by shares of telecommunications companies such as Verizon, Sprint and AT&T. Small companies and bank stocks also rose as investors continue to speculate that U.S. economic growth will pick up under the incoming Trump administration. The Dow Jones industrial average rose 35.54 points, or ...

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Dow hits another record as bank stocks continue to climb

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U.S. stocks are rising Monday morning, led by gains in bank stocks, sending the Dow Jones industrial average to another record high. Other major indexes are also up but still below their own all-time highs. European stocks were mostly higher, but Italy’s market fell after Italian voters rejected constitutional changes, dealing a major setback to Premier Matteo Renzi. KEEPING SCORE: ...

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Oil and banks take Dow to new highs, but tech stocks dive

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More big gains for blue-chip banking and oil stocks pulled the Dow Jones industrial average to another record high Thursday even as broader market indexes continued to slip. Technology companies are plunging and on are track for their biggest loss in two months. High-dividend stocks are also trading lower as bond yields rise. KEEPING SCORE: The Dow gained 38 points, ...

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Dow reaches records again as energy companies surge

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The Dow Jones industrial average is trading at a record high Wednesday as blue-chip energy companies and banks surge. Oil stocks climbed after countries in OPEC, which collectively produce more than one-third of the world’s oil, agreed to trim production for the first time in eight years. Banks are also rising sharply as bond yields and interest rates increase. Other ...

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Oil drops amid caution over OPEC meeting; stocks mixed

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The price of oil dropped and stock markets were mixed Tuesday as it became uncertain whether OPEC countries might reach an agreement to cut crude production at their meeting this week. KEEPING SCORE: Among stocks, London’s FTSE 100 index shed 0.4 percent to 6,770 while France’s CAC 40 advanced 0.8 percent to 4,544 and Germany’s DAX added 0.2 percent to ...

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Stocks fall after record run as consumer companies slip

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U.S. stocks are opening lower Monday after they set records throughout last week. Consumer companies and banks are taking some of the largest losses. Energy companies are climbing as the price of oil jumps. KEEPING SCORE: The Dow Jones industrial average sank 55 points, or 0.3 percent, to 19,097 as of 9:42 a.m. Eastern time. The Standard & Poor’s 500 ...

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US stocks move higher as banks surge with bond yields

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Bank stocks are climbing Monday morning as bond yields continue to rise. Bond yields are climbing to their highest levels this year, which points to higher interest rates and bigger profits for banks from lending money. Investors have been selling bonds, pushing yields higher, as they expect the spending plans of president-elect Donald Trump to lead to higher inflation. The ...

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Stocks mixed as investors seek clarity on Trump policies

Donald J. Trump

Global stocks were mixed on Friday and the dollar steadied, as investors sought greater clarity on the upcoming economic policies of President-elect Donald Trump. KEEPING SCORE: France’s CAC 40 fell 0.7 percent to 4,498, while Germany’s DAX was up 0.3 percent at 10,661. Britain’s FTSE 100 shed 1 percent to 6,761. U.S. shares appeared headed for a weaker open a ...

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Trump rally in stock markets still has legs

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The rebound in share prices around the world following the election of Donald Trump as the next U.S. president continued Thursday, with Asia partaking in the gains and the dollar rising further. The market mood has turned around dramatically since the immediate aftermath of Trump’s victory, which prompted widespread selling Wednesday in Asia. On Thursday, Asian shares posted hefty gains ...

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US stocks close broadly higher as investors eye election

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Investors remained in a buying mood on Election Day, sending U.S. stocks broadly higher and building on big gains from a day earlier. Safe-play stocks such as utilities and phone companies were among the biggest gainers Tuesday. Energy companies were essentially flat. Investors focused on the U.S. presidential election, which rattled financial markets in recent weeks as polls between Hillary ...

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