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Tag Archives: dow jones

Stocks move broadly higher on trade talk optimism

Stocks moved broadly higher in early trading Thursday as investors wait to see whether the U.S. and China make any progress in negotiations aimed at ending their ongoing trade war. The markets were encouraged by an early tweet from President Donald Trump saying that China wants to make a deal, though he did not say whether he was also willing ...

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US stocks fall ahead of Fed decision on interest rates

Stocks moved broadly lower on Wall Street in afternoon trading Wednesday ahead of a highly anticipated decision from the Federal Reserve on interest rates. The Fed is expected to cut its benchmark interest for a second time this year. Close attention will be paid to any clues Fed Chairman Jerome Powell gives about future rate policy during a 2:30 p.m. ...

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Stocks slip as surge in oil brings fresh economic worries

Stocks fell broadly on Wall Street in afternoon trading Monday after an attack on Saudi Arabia’s biggest oil processing facility sent crude prices soaring. The attack, which Yemeni rebels said they were behind, raised worries about the risk of more disruptions for oil at a time when the global economy’s strength is already seen as shaky. President Donald Trump warned ...

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US stocks are mixed as health care gains, tech drops

U.S. stocks gave a mixed performance in early trading on Friday as health care, banks and industrial companies gained ground and offset a decline in technology stocks. Still, stocks are on track for their third straight weekly gain, having been bolstered in prior sessions by an easing of tensions in the U.S.-China trade war. Bond yields rose sharply after the ...

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ONWARD AND UPWARD — Stocks power on, heading for strong finish to volatile month

Stocks climbed broadly on Wall Street in early trading Friday as the market extended a recent rally and closed in on a big weekly gain after four straight weeks of losses. Despite marching higher most of this week, the market is on track to finish August with a loss. That would be only the second monthly decline this year after ...

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US stocks fall sharply as US-China trade war escalates

Stocks tumbled on Wall Street after President Donald Trump said he “hereby ordered” U.S. companies to consider alternatives to doing business in China. He also said he would respond to Beijing’s latest tariff increase later Friday. The Dow Jones Industrial Average sank nearly 500 points after the president made the announcements on Twitter. Trump also said he was “ordering” UPS, ...

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US stocks turn mostly lower amid doubts over Fed rate cut

Stocks gave up an early gain and veered lower in midday trading Thursday as investors grew less certain about the likelihood that the Federal Reserve will lower interest rates again next month. Losses in technology, health care and communication services stocks outweighed gains in banks, consumer goods companies and elsewhere in the market. Bond prices fell, pushing yields higher. Remarks ...

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US stocks mostly rise as investors seek more clues on Fed

Stocks moved broadly higher on Wall Street in early trading Thursday, extending the market’s gains from the day before. Technology companies and banks accounted for a big share of the gains as investors welcomed another batch of encouraging corporate earnings reports. Retailers Nordstrom, BJ’s Wholesale Club and Dicks’ Sporting Goods rose after reporting results that beat analysts’ forecasts. L Brands ...

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Solid earnings from major US retailers drive stocks higher

U.S. stocks marched broadly higher in early trading Wednesday as investors welcomed a batch of strong earnings reports from several big retailers. Target and Lowe’s surged, leading a rally in retail stocks, as the market bounced back from its first loss in four days. Technology companies accounted for a big share of the market’s gains. Microsoft gained 1.3% and Apple ...

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Stocks move broadly higher as turbulent week nears its end

NEW YORK — Stocks rose broadly in midday trading on Wall Street Friday as investors look to end a turbulent week on a positive note. The S&P 500 rose 1.3% as of 11:40 a.m. Eastern time and the Dow Jones Industrial Average also gained ground. But both indexes are still headed for a third straight weekly decline after steep losses ...

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