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| October 16, 2019

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Solid Earnings Send Stocks Higher

October 15, 2019 |

Stocks notched solid gains on Wall Street as investors welcomed surprisingly good quarterly results from some of the nation’s biggest companies, the AP reports. Strong earnings from UnitedHealth Group, JPMorgan Chase and other companies helped lift the market Tuesday, erasing modest losses from a day earlier. UnitedHealth soared 8% and…
Newser

Stocks End Higher After Early Stumble

October 3, 2019 |

The stock market shook off an early stumble and ended broadly higher, breaking a two-day slump that got October off to a miserable start, the AP reports. Big technology companies and drug makers led the gains Thursday, while materials makers and banks pulled up the rear. The early slide was…
Newser

Tech Leads US Stocks Higher

September 11, 2019 |

Stocks are closing broadly higher on Wall Street as investors welcomed China’s move to exempt some US products from a recent round of tariffs, the AP reports. Technology, health care and communication services stocks powered much of the gains Wednesday for the S&P 500, which has been essentially flat for…
Newser

US-China Trade War May Mean Higher Prices

September 2, 2019 |

The US and China on Sunday put in place their latest tariff increases on each other’s goods, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer items before the holiday shopping season, the AP reports. President Donald Trump said US-China trade talks were still on…
Newser

Banks, Retailers Lead US Stocks Higher

August 28, 2019 |

Stocks are closing higher on Wall Street Wednesday, led by gains in banks and retailers, the AP reports. Wells Fargo climbed 1.6% and Home Depot rose 1.7%. Tiffany & Co. gained 3% after the luxury jeweler’s second quarter results beat analysts’ projections. The S&P 500 rose 18 points,…
Newser

Stocks End Bumpy Day Mostly Higher

August 15, 2019 |

Stocks ended another roller-coaster day mostly higher on Wall Street, making up just a fraction of the ground they lost in a huge plunge the day before, the AP reports. Walmart was a standout Thursday, putting up a 6.1% gain after turning in solid results and raising its outlook…
Newser

Stocks End Higher, Erasing Week’s Losses

August 8, 2019 |

Stocks are ending broadly higher as investors set aside concerns, for now, about the heated trade war between the US and China that roiled markets earlier in the week, the AP reports. The gains Thursday erased the week’s losses for the S&P 500 index. It was the third straight gain…
Newser

Stocks End Wobbly Day Slightly Higher

July 15, 2019 |

Major US stock indexes ended a wobbly day with meager gains, enough to push them slightly further into record territory, the AP reports. Trading was indecisive for much of the day Monday, as losses for banks mostly offset gains in other sectors including technology and health care. Citigroup ended a…
Newser

Tech sector leads stocks higher as the Fed signals an interest-rate cut

July 10, 2019 |

Stocks finished higher Wednesday as Wall Street welcomed new signals suggesting the Federal Reserve is ready to cut interest rates for the first time in a decade.

Technology stocks drove much of the gains, nudging the Nasdaq composite to an all-time high. The benchmark Standard & Poor’s 500 index…


L.A. Times – Business

Optimism over trade sends U.S. stocks sharply higher

June 19, 2019 |

Potentially encouraging news on trade and interest rates put Wall Street in a buying mood Tuesday, driving the stock market to solid gains and sending the Dow Jones industrial average up 350 points.

Technology stocks powered much of the rally as investors welcomed news that the leaders of the United…


L.A. Times – Business