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Perfect start for stocks in 2018 stalls after rates rise
NEW YORK (AP) — The stock market’s fantastic start to 2018 stalled on Wednesday after real-estate companies and other dividend payers sank on concerns about rising interest rates. The losses knocked indexes a bit off their record highs and pro...
Tech stocks climb for fourth day as New Year rally continues
NEW YORK (AP) — After another solid monthly jobs report, technology companies again led the way as U.S. stocks rose for the fourth day in a row to start 2018. They are on their longest new-year winning streak in eight years. The Labor Department said...
Dow Jones industrials climb above 25,000 for the first time
NEW YORK (AP) — The Dow Jones industrial average burst through the 25,000 point mark Thursday, just five weeks after its first close above 24,000. The Dow passed five 1,000-point barriers in 2017 on its way to a 25 percent gain for the year, as an e...
US stocks ring in 2018 with gains as technology leads again
NEW YORK (AP) — Technology and health care companies jumped Tuesday as U.S. stocks started the new year the same way they spent the last one: rising steadily and setting records. Energy companies, which struggled in 2017, also climbed. Asian m...
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 the...
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 s...
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...
Health care and bank stocks pull US indexes slightly lower
NEW YORK (AP) — Stocks are slightly lower on Wall Street Friday afternoon as a subdued week of trading comes to a close. Health care companies and banks are slipping. High-dividend stocks made small gains even as bond yields remained near their r...
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...
Deals and hopes for corporate tax c uts drive stocks higher
NEW YORK (AP) — U.S. stocks climbed again Monday and set more records as investors grew more certain Republicans will pass their tax plan this week. Technology companies climbed, as did banks and retailers, which are likely to see lower taxes. S...
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 pro...
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 h...
S&P 500 returns to record following strong US jobs report
NEW YORK (AP) — Stocks rose Friday following a better-than-expected U.S. jobs report, and the strong finish pushed the Standard & Poor’s 500 index to its third straight weekly gain despite some weakness earlier in the week. The gains were wid...
S&P 500 snaps losing streak as industrial, tech stocks rise
NEW YORK (AP) — U.S. stock indexes perked higher on Thursday following a nearly weeklong lull, and the Standard & Poor’s 500 rose for the first time in five days. Industrial and technology companies helped lead the way, as broad swaths of the mar...
S&P 500 drops to third straight loss after tech rally fades
NEW YORK (AP) — Another afternoon fizzle for stocks left the Standard & Poor’s 500 index with its third straight loss on Tuesday. The market seemed like it was headed for a gain in the morning, after technology stocks recovered from one of their few...
Slump for tech stocks overshadows gains by telecoms, banks
NEW YORK (AP) — Stock indexes didn’t do much at first glance on Monday, but the modest move for the Standard & Poor’s 500 masked some dramatic changes roiling underneath the surface. Telecom stocks, banks and other areas of the market that stand to b...
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...
Dow Jones industrials breach 24,000 in broad market rally
NEW YORK (AP) —Investors are exuberant and for good reason: the global economy is strong, corporate earnings are solid, Washington appears closer to delivering lower taxes on corporations and is signaling less restrictive oversight of the f...
Steep tech drop pulls US stock indexes mostly lower; Dow up
A steep slide in big technology companies pulled the major U.S. stock indexes mostly lower Wednesday, offsetting strength in banks and health care and erasing some of the gains the market made a day earlier. The tech-heavy Nasdaq composite, which is...
Banks power solid gains for US stocks, more record highs
Banks led a broad rally in U.S. stocks Tuesday, lifting the market to a milestone-shattering finish. Gains by industrial stocks, retailers and health care companies also helped drive the major stock indexes to record highs. Investors were encouraged...
Energy firms lead US stocks mostly lower as oil prices slip
A sluggish day of trading on Wall Street finished Monday with stocks edging mostly lower as investors came back from the Thanksgiving holiday. Energy stocks declined the most following a slide in crude oil prices. Materials companies also declined,...
Shoppers take to their phones for Cyber Monday deals
NEW YORK (AP) — Weeks of deals didn’t stop people from heading online to shop on the Monday after Thanksgiving. Cyber Monday was on track to become the biggest U.S. online shopping day ever, according to Adobe Analytics, the research arm of sof...
Retailers rise again, but tech leads other US stocks lower
NEW YORK (AP) — Retailers and smaller U.S. companies jumped again Friday as they continued to report strong third-quarter results, but technology companies and other big U.S. corporations couldn’t add to the previous day’s gains. A slew of retai...
