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Tag Archives: stock market

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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Stocks move broadly lower as trade war anxiety lingers

Banks and technology companies drove a broad slide in stocks on Wall Street Monday afternoon that knocked the Dow Jones Industrial Average more than 300 points lower. The sell-off adds to losses that the market racked up last week amid heightened anxiety over the U.S. China-trade war. Investors are coming off of a week of wild swings that ended in ...

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Stocks rise after US deal with Mexico; car companies rise

U.S. stocks moved broadly higher in early trading Monday on Wall Street after the U.S. and Mexico averted a trade war and potentially damaging tariffs, while several companies inked billion-dollar deals. The solid opening follows the strongest week for stocks since November. U.S. President Donald Trump suspended plans to impose tariffs on Mexican goods after the nations managed to strike ...

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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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Surge in crude oil pushes energy, other stocks higher

NEW YORK — Stocks are jumping Monday as the price of oil surges, lifting energy stocks. Mining and chemicals companies and banks are also climbing. The stock market is coming off its best week of the year. KEEPING SCORE: The Dow Jones industrial average jumped 204 points, or 1.2 percent, to 16,595 as of 10:27 a.m. Eastern time. The Standard ...

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US stocks open higher as oil rebounds, banks rise

U.S. stocks opened higher, seeking their first gain this week, as beaten-down energy and financial companies rebounded. Banks rose Friday after Deutsche Bank offered to buy more than $5 billion in bonds. Its shares were up 9 percent. JP Morgan Chase was up 5 percent. Oil jumped 6 percent, helping to lift energy company shares. Drilling company Transocean was up ...

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US stocks slip as energy and metals prices keep falling

NEW YORK — U.S. stocks are inching lower Tuesday, adding to sharp sell-offs last week. Utilities and telecommunications companies are rising, but energy and mining stocks continue to slump on fears that demand and prices will get worse. KEEPING SCORE: The Dow Jones industrial average lost 40 points, or 0.3 percent, to 15,947 as of 2:15 p.m. Eastern. It was ...

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US stocks fall sharply on bleak Chinese manufacturing report

NEW YORK  — Stock markets plunged again Tuesday, continuing a rocky ride for Wall Street, after gloomy economic data out of China rekindled fears that the world’s second-largest economy is slowing more than previously anticipated. U.S. stocks are coming off their worst month in more than three years. The price of oil sank, giving up most of the gain it ...

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U.S. GDP growth revised upward to 3.7 percent in second quarter

The Associated Press The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds. The economy as measured by gross domestic product expanded at an annual rate of 3.7 percent in the April-June quarter, the Commerce Department ...

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