Articles written by Alex Veiga

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 By ALEX VEIGA    Business    May 17, 2018

Technology, retailers help drive rebound in US stocks

U.S. stocks notched solid gains Wednesday, recouping some of the market’s losses from a day earlier. Technology and health care companies drove much of the rebound, outweighing losses in safe-play stocks like utilities and real estate investment...

 
 By ALEX VEIGA    Business    May 11, 2018

Tech and health care firms drive more gains for US stocks

A broad rally drove U.S. stocks solidly higher Thursday for the second day in a row, extending the market’s gains for the week. Technology companies, which have led the market this year, contributed the most to the rally. Health care stocks and...

 
 By ALEX VEIGA    Business    May 9, 2018

US stocks end mixed; oil falls on US pullout from Iran deal

The major U.S. stock indexes partially recovered from a daylong slide in the final minutes of trading Tuesday to finish essentially flat. The indexes had been drifting slightly lower as investors weighed the Trump administration’s decision to...

 
 By ALEX VEIGA    Business    March 30, 2018

Tech gains help US stocks end a rocky quarter with a bang

Technology companies powered U.S. stocks to solid gains Thursday, snapping the market’s two-day losing streak. Banks, consumer-focused companies and industrial stocks also helped lift the market. Even so, the broad gains, which came on the last...

 
 By ALEX VEIGA    Business    March 28, 2018

Tech stocks pull market sharply lower, erasing early gains

A steep, late-afternoon sell-off in technology companies pulled U.S. stocks sharply lower Tuesday, knocking 344 points off the Dow Jones industrial average. The market slide erased modest gains from earlier in the day and much of a powerful rally fro...

 

Spike in bond yields upends US stock market rally

U.S. stocks closed broadly lower Wednesday, erasing an early gain, as investors reacted to a late-afternoon surge in bond yields. Bond yields climbed to their highest level in four years after the Federal Reserve released minutes from its latest...

 

Walmart's plunge sinks retailers, breaking streak for stocks

The biggest drop in Walmart’s stock in 30 years and losses in other sectors pulled U.S. indexes lower Tuesday, snapping a six-day winning streak. The losses deepened in the last hour of trading into a broad sell-off that erased early gains led by...

 

US stocks swing back to gains, Dow up 330 on turbulent day

Wall Street capped a day of wild swings Friday with a late-afternoon rally that reversed steep early losses and sent the Dow Jones industrial average 330 points higher. Even with the rebound, this was the worst week for the market in about two...

 

US stocks swoon, sending Dow down more than 650 points

U.S. stocks slumped Friday, pulling down the Dow Jones industrial average by more than 650 points and handing the market its worst week in two years. Technology, banks and energy stocks accounted for much of the broad slide. Several major companies,...

 

US stocks head mostly lower as early gains fade

The major U.S. stock indexes closed mostly lower Thursday after a midday gain faded by late afternoon. Retailers, restaurant chains and other consumer-focused companies accounted for much of the market’s pullback. The losses outweighed solid gains...

 

After a stumble, US stocks finish slightly higher

U.S. stocks overcame a brief stumble to close slightly higher Wednesday, snapping a two-day losing streak. The dip came after the Federal Reserve released its latest statement on interest rate policy and the economy, in which the central bank...

 

US stocks have biggest drop since August, led by health care

Hefty losses in health care and technology companies led U.S. stocks sharply lower Tuesday, handing the market its biggest pullback since August and its worst two-day drop since May. The broad slide, which briefly sent the Dow Jones industrial...

 

Technology companies lead modest pullback in US stocks

A broad sell-off handed the U.S. stock market its biggest loss in more than four months Monday, pulling the major indexes below their recent record highs. Technology stocks, the biggest gainers in 2017, accounted for much of the slide. Energy...

 

US stocks close higher as market sets latest record high

Investors shrugged off the potential for a federal government shutdown Friday, driving U.S. stocks higher and setting new milestones for several of the indexes. The Standard & Poor’s 500 index, Nasdaq composite and Russell 2000 index of smaller-com...

 

US stock rally lifts Dow to first close above 26,000 points

A broad rally on Wall Street propelled the Dow Jones industrial average to close above 26,000 points for the first time Wednesday. The sharp gains also delivered record highs for the Standard & Poor’s 500 index and the Nasdaq composite, wiping out...

 

Dow industrials recede from 26,000 as early gains fade

Losses by industrial and technology companies helped pull U.S. stocks lower Tuesday, pulling the market back from its latest record highs. The slide erased some of the gains from a broad rally earlier in the day that had sent the Dow Jones...

 

US stocks slide on final trading day of 2017

Wall Street capped 2017 with a loss, weighed down by a broad slide in light trading ahead of the New Year’s holiday. Technology companies, banks and health care stocks accounted for much of the market’s decline. Energy stocks also fell, even as...

 

US stock indexes eke out gains in quiet day on Wall Street

U.S. stock indexes capped another quiet day on Wall Street Wednesday with slight gains, recouping some of the market’s modest losses from a day earlier. Technology, health care and industrials stocks accounted for much of the gain. A report...

 

US stocks finish slightly lower after light day of trading

A listless day of trading on Wall Street ended with major stock indexes closing slightly lower Tuesday, weighed down by losses among some big technology companies. Apple slid 2.5 percent amid speculation that the consumer electronics giant might cut...

 

Banks, energy companies lead rebound in US stocks

Banks and energy companies led U.S. stocks higher Thursday, erasing modest losses from the day before. Retailers and makers of consumer products also posted solid gains. Small-company stocks rose more than the rest of the market, and technology...

 

US stocks move broadly higher in late-afternoon trading

U.S. stocks moved broadly higher in late-afternoon trading Friday, placing the major indexes on course for new highs. Technology companies, banks and health care stocks were among the biggest gainers. Investors were encouraged by signs that the Repub...

 

Health care companies, banks drive lower close for US stocks

Health care companies and banks drove U.S. stocks lower Thursday, pulling major indexes below their recent highs. The afternoon slide, which erased gains from earlier in the day, came on news that some Republican senators’ support for the GOP’s...

 

US stocks indexes close mostly higher after Fed rate hike

The major U.S. stock indexes finished mostly higher Wednesday, with small companies notching big gains as lawmakers in the House and Senate reached a deal on a sweeping tax reform package. The Dow Jones industrial average eked out its third...

 

US stocks close modestly higher; S&P 500, Dow hit new highs

By ALEX VEIGA AP Business Writer Technology companies led U.S. stocks modestly higher Monday, driving the market to another set of milestones. The Standard & Poor’s 500 index and Dow Jones industrial average finished at new highs. Both indexes also...

 

US stocks mostly recoup their losses after early slide

Wall Street took investors on a turbulent ride Friday as stock indexes veered into a steep slide that knocked 350 points off the Dow Jones industrial average before the market eventually clawed back most of its losses. The market stumbled after...

 

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