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Tag Archives: Wall Street

Trump’s troubles lead US stock indexes lower in early trading

Banks and other financial companies led U.S. stocks sharply lower in midday trading Wednesday as bond yields tumbled. Investors fretted that the latest turmoil in Washington could hinder President Donald Trump’s pro-business agenda. Technology and industrial stocks were among the big decliners, while real estate companies were up the most. KEEPING SCORE: The Standard & Poor’s 500 index fell 26 ...

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Stocks tick higher, S&P 500 flirts with record

Stock indexes ticked higher on Wednesday, and the Standard & Poor’s 500 index flirted with its record high, as the White House unveiled a broad outline of its plan to cut tax rates. The market has sprinted higher since November, due in large part to expectations that lower taxes and looser regulations for businesses are on the way. White House ...

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Healthy profits push stocks higher yet; Nasdaq crosses 6,000

Profits are climbing for companies, and so are their stock prices. More big businesses joined the earnings parade Tuesday, saying their profits were even larger in the first three months of the year than analysts were expecting, including Caterpillar and McDonald’s. The encouraging reports pushed U.S. indexes to their second straight day of big gains, placing them either close to ...

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Split results for stocks on Syria strike and weak jobs gains

Following a somewhat disappointing jobs report and U.S. missile strikes against Syria, stocks aren’t much changed Friday as investors buy gold and high-dividend stocks and sell banks and other assets. Defense contractors are making substantial gains and the price of oil is rising. KEEPING SCORE: The Standard & Poor’s 500 held steady at 2,356 at noon Eastern time. The Dow ...

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US stocks surge early after strong private payroll report

U.S. stocks are jumping Wednesday morning after a survey of private businesses showed that hiring was very strong last month. Panera Bread is climbing after the sandwich and soup chain agreed to be bought by European conglomerate JAB for more than $7 billion. Companies that are tightly linked to the performance of the economy, including transportation companies and smaller domestic ...

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US stocks climb after strong private payroll report

U.S. stocks are climbing Wednesday after a survey of private businesses showed that hiring was very strong last month. That was a relief to investors, who were worried about spending after a weak report on auto sales earlier this week. Energy and basic materials companies are making some of the biggest gains, and the Nasdaq composite is on track for ...

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Stocks tread water as banks slip and energy companies rise

U.S. stocks are inching lower Tuesday as a recent drop in bond yields continues to put pressure on banks. Department stores, apparel retailers and handbag makers are falling, but Amazon continues to rise. But energy companies are rising with the price of oil, and stocks are little changed overall. KEEPING SCORE: The Standard & Poor’s 500 index was unchanged at ...

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US stock indexes edge higher in early trading; Oil up

U.S. stock indexes edged higher in morning trading Tuesday, recovering after an early slide. Investors weighed the latest batch of company earnings and economic news. Banks and other financials stocks led the gainers, while phone company stocks were down the most. Energy stocks rose as oil prices were headed higher. KEEPING SCORE: The Dow Jones industrial average rose 38 points, ...

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Stocks pare their losses as health care companies climb

After falling sharply in the morning, U.S. stock indexes clawed back and were down only modestly in afternoon trading. A run higher for hospital stocks helped to stem losses for banks and other financial stocks. The dollar also pared its losses against other currencies. KEEPING SCORE: The Standard & Poor’s 500 index was down 3 points, or 0.1 percent, at ...

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Stocks tank as health care bill woes challenge Trump agenda

U.S. stocks are falling as the struggling Republican health care bill again dominates investors’ attention. House Republicans say the proposal doesn’t have enough support to pass in a vote this afternoon. That’s casting some doubt on President Donald Trump’s business-friendly agenda and stocks are on track for their biggest weekly loss since the presidential election. KEEPING SCORE: The Standard & ...

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