Stocks unchanged amid economic reports; Facebook surges
In a day heavy with economic reports and forecasts, U.S. stocks finished largely unchanged while foreign stocks continued to rise. The major American averages closed narrowly mixed, with the Dow and...
View ArticleStocks end the week on a down note as Visa, Amazon drop
Disappointing earnings reports from Visa and Amazon helped dampen the mood on Wall Street on Friday, sending stock prices down broadly while the major averages finished mixed for the week. The Dow had...
View ArticleStocks rebound from last week’s Stocknado
Stocks rebounded from last week’s swoon on Monday, with the S&P 500 rising 0.7% and small-cap indexes gaining 0.9%. While stock prices are still marginally lower than at midyear, today’s rebound...
View ArticleStocks resume their fall despite good PMI reports
Tuesday was a day of mostly positive purchasing managers’ indexes from around the globe but the good news wasn’t enough to prevent U.S. stocks from resuming last week’s downtrend. The S&P 500...
View ArticleEconomic reports – both good and bad – lift most stocks
On a day dominated by economic reports – positive in the U.S., negative in the euro zone and China – global stocks were mostly higher on Thursday. In the U.S., both the Dow and the S&P 500 rose for...
View ArticleU.S. stocks ride optimism that Fed will keep rates low
U.S. investors ignored selling in European and Asian markets on Tuesday, sending prices broadly higher a day before the Federal Reserve ends its two-day monetary policy meeting. Both the S&P 500...
View ArticleFed keeps “considerable time” language, boosting stocks
Stocks got a slight boost on Wednesday from the Federal Reserve which, pretty much as expected, reiterated that it would keep interest rates near zero for a “considerable time” after its big...
View ArticleInvestors vote Yes on U.S. stocks, sending Dow, S&P 500 to all-time highs
The major U.S. stock market indexes rallied early and late on Thursday, propelling the Dow and S&P 500 to record closing levels. The Dow gained over 100 points or 0.6% for a second time this week,...
View ArticleStocks fall back from highs on Monday
U.S. stocks fell victim to the most pronounced profit taking in nearly 7 weeks on Monday, with the S&P 500 declining 0.8% and smaller-cap indexes even more than that. The Dow lost a little more...
View ArticleBig Pharma leads stocks lower on Tuesday
Stocks were down again on Tuesday, led by the stocks of some big pharmaceutical companies in response to the U.S. Treasury’s plan to limit so-called tax inversion deals. But the decline was far more...
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