Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

Business

Sorted by date  Results 1 - 25 of 53



Oil's well: Rising energy stocks help send S&P 500 to record

NEW YORK (AP) — A spurt in oil prices on Monday revived energy stocks, which have been among the year’s worst performers, and helped push the broader market back to record highs. The Standard & Poor’s 500 index climbed 11.42 points, or 0.5...

 

US stocks rise as energy companies rally with oil prices

NEW YORK (AP) — Energy companies jumped with the price of oil Wednesday, but overall, stocks finished only slightly higher as a quiet week of trading continued. The price of U.S. crude oil jumped 3 percent as fuel stockpiles kept shrinking, and...

 

Stocks scuffle as slowing auto sales worry Wall Street

NEW YORK (AP) — Despite strong results from industrial companies, U.S. stocks couldn’t get any momentum going Tuesday after car makers said their sales are shrinking. Engine maker Cummins sent manufacturers and other industrial companies higher...

 

Nudge higher for US stocks enough to push Nasdaq to a record

NEW YORK (AP) — U.S. stock indexes fluttered up and down Thursday, then ended the day a hair above where they started. The slight gains were enough to nudge the Nasdaq composite to another record and the Standard & Poor’s 500 index to within a...

 

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

NEW YORK (AP) — 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,...

 

Magnifique: Investors applaud French vote with stock rally

NEW YORK (AP) — Vive le rally. U.S. stocks joined a worldwide surge higher Monday after the first round of France’s presidential election raised expectations that the European Union will hold together. A candidate seen as pro-business won the...

 

US stocks rally again as banks and industrial companies rise

NEW YORK (AP) — U.S. stocks climbed Thursday as industrial companies, banks, technology and materials firms and energy companies all rallied. A strong day of corporate results left investors feeling better about the economy. For more than a week...

 

Led by banks, stocks jump after strong report from China

NEW YORK (AP) — U.S. stocks bounced back from recent losses Monday after the Chinese government said that country’s economy grew at a slightly faster pace in the first quarter. Banks jumped as interest rates recovered. After losses in three of th...

 

US stock indexes post modest losses; bond yields slump

Industrial and materials companies led U.S. stocks modestly lower Wednesday on another day of subdued trading ahead of the long Easter holiday weekend. The slide marked the second decline in a row for the stock market, extending its losses for the...

 
 By MARLEY JAY    Business    April 5, 2017

Stocks tread water as energy companies rise and banks fall

NEW YORK (AP) — U.S. stocks hardly moved Tuesday as investors were slow to dip a toe back into the market, although energy companies did climb with the price of oil and natural gas. Banks and retailers took losses. Stock indexes flickered between...

 

US stock indexes pull back from record highs; Oil falls

Banks and other financial companies led a slide in U.S. stocks Thursday, erasing some of the gains from a day earlier, when indexes soared to their latest record highs. Materials and industrials companies also fell sharply. Energy stocks declined...

 

Deal hunger sends food stocks higher; US indexes at records

NEW YORK (AP) — Stocks again broke records Tuesday as investors came back from a long weekend hungry for deals. While Kraft Heinz and Unilever couldn’t complete a proposed $143 billion mega-merger, food and household goods makers rose as investor...

 

World stocks mostly rise; US remains shut for holiday

HONG KONG (AP) — Global stocks mostly rose Monday, though Wall Street remained shut for a holiday, as investors awaited key reports this week, including economic data, corporate earnings and minutes from the Federal Reserve’s last meeting....

 

Stocks inch to new records; S&P 500 up 4 straight weeks

NEW YORK (AP) — Stock indexes inched ahead to record highs Friday, barely, after a late-afternoon push erased losses from earlier in the day. It caps the fourth straight week of gains for the Standard & Poor’s 500 index, its longest such streak...

 

Take a breath: Stocks slow down after a record-setting run

NEW YORK (AP) — The Standard & Poor’s 500 index dipped Thursday to break a seven-day winning streak, its longest in three and a half years, though it remains a nudge away from its record high. It was part of a pause for stock markets around the...

 

Strong company earnings drive US stock indexes to new highs

(AP) — Strong company earnings put investors in a buying mood Thursday, lifting the major U.S. stock indexes to record highs. Banks and other financial companies led the rally as bond yields rose. Energy also notched big gains as crude oil prices r...

 

US stocks close lower, snap S&P 500's 3-day winning streak

AP — Energy companies led U.S. stocks slightly lower Monday as the price of crude oil declined, snapping a three-day winning streak for the Standard & Poor’s 500 index. Phone company and real estate stocks were also among the big decliners....

 

Stocks battle to a mixed finish as drugmakers rally

NEW YORK (AP) — U.S. stocks fought their way to a mixed finish Tuesday as drugmakers rallied, which mostly canceled out losses for industrial companies. Investors shifted their money to less risky investments for the second day in a row. For the...

 

Drops for postelection winners drag stocks lower

NEW YORK (AP) — U.S. stocks fell Monday as investors grew nervous after President Donald Trump imposed a travel ban on seven Muslim-majority countries. Energy companies, which have surged over the last year, took the biggest losses. Airlines...

 

Dow Jones industrial average breaks through 20,000 milestone

The Dow Jones industrial average crossed the 20,000 mark for the first time Wednesday, the latest milestone in a record-setting drive for the stock market. Strong earnings from Boeing and other big companies helped push the Dow past the threshold...

 

US stock indexes close slightly lower; oil prices slide

Energy companies led U.S. stock indexes slightly lower Monday as the price of crude oil fell. Real estate, phone companies and other high-dividend stocks did better than the rest of the market as bond yields headed lower, making those sectors more...

 

Stocks edge higher, snapping a 5-day losing streak for Dow

(AP) — Materials companies led U.S. stocks modestly higher Friday, recouping much of the market’s loss from a day earlier and snapping a 5-day losing streak for the Dow Jones industrial average. Another crop of encouraging company earnings news...

 

Bad day for bank stocks

NEW YORK (AP) — A bad day for bank stocks pulled the Dow Jones industrial average to its third straight loss Tuesday as many of the patterns that have propelled markets since Election Day last year snapped into reverse. The Dow Jones industrial...

 

Stock indexes near records as car makers and retailers rise

NEW YORK (AP) — U.S. stocks climbed Wednesday as investors bought shares of companies focused on consumers, including automakers and retailers. The Standard & Poor’s 500 index finished a single point below its all-time high. General Motors and...

 

US stocks close mostly higher as Dow sets record high

It was perhaps the most surprising trade in a record-setting week on Wall Street: How quickly investors swapped presidential pre-election jitters for enthusiasm at Donald Trump’s victory over Hillary Clinton. That enthusiasm — call it the Trump...

 

Page Down