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Tag Archives: stocks

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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Retailers’ results show sharp divide between losers, winners

NEW YORK — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers’ increasing shift online with expanded deliveries and better merchandise. But many mall-based clothing chains and department stores continue to suffer weak sales as they ...

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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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US stocks fall, giving up some ground after 3 straight gains

U.S. stocks moved broadly lower in early trading Tuesday, weighed down by a mixed batch of company earnings and another decline in bond yields. Banks drove much of the selling as investors reacted to the decline in yields. The 10-year Treasury note slipped to 1.54% from 1.59% late Monday. When bond yields fall, it pulls down the interest rates that ...

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Tech and financial stocks help drive US stocks higher

Stocks marched broadly higher on Wall Street in early trading Monday, building on solid gains for the market after a rally late last week. Technology stocks accounted for a big share of the gains after the U.S. gave Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. Chipmaker Nvidia rose 4.8%. Financial stocks also rose as ...

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US stock indexes end mostly higher after volatile day

Investors rode out another turbulent day on Wall Street Thursday that kept stock indexes flipping between gains and losses until a late-day bounce gave the market a modest gain. Worries about a possible recession collided with hopes that the strongest part of the U.S. economy — shoppers spending at stores and online — can keep going. The major U.S. stock ...

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US stocks steady after plunge, but caution still reigns

U.S. stocks steadied themselves Thursday amid hopes that the heart of the economy — shoppers spending at stores and online — can stay strong and help avert a recession. Caution continued to dominate markets around the world, though, on worries that economies are already sliding down the slope. The S&P 500 rose modestly in morning trading and clawed back a ...

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US recession fears stalk markets as stocks fall again

Global stock markets fell sharply again Thursday after Wall Street endured its worst day of the year as recession fears in the U.S. and around the world escalated. Investors across financial assets have been gripped by developments in the U.S. bond market. On Wednesday they focused on the fact the yield, or interest rate, on the benchmark 10-year Treasury bond ...

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Stocks slide after bond market warns again of recession

Stocks fell sharply Wednesday after the bond market threw up another warning flag on the economy. The yield on the 10-year Treasury briefly dropped below the two-year Treasury’s yield Wednesday morning for the first time since 2007. The so-called inversion has correctly predicted many past recessions and is the loudest warning bell yet about a possible recession ahead. Investors responded ...

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Asian shares rise on US plan to delay some China tariffs

Asian shares were mostly higher Wednesday after the U.S. said it would hold off on tariffs of Chinese imports of mobile phones, toys and several other items typically on holiday shopping lists. Japan’s Nikkei 225 added 1.2% in early trading to 20,691.10, while Australia’s S&P/ASX 200 rose 0.5% to 6,598.50. South Korea’s Kospi gained 1.3% to 1,951.33. Hong Kong’s Hang ...

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