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| May 23, 2018

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Stocks Close Higher as Trade Tensions Ease

May 21, 2018 |

Signs of easing trade tensions between the US and China sent stocks solidly higher on Wall Street, giving the Dow Jones industrial average its biggest gain in two weeks, the AP reports. Technology and industrial companies led the way higher Monday. Micron Technology jumped 3.9% after the chipmaker raised…
Newser

Stocks edge mostly higher in morning trading after recovering from early stumble

May 17, 2018 |

Stock indexes are trending mostly higher in morning trading Thursday, shaking off early weakness. Energy and industrial companies climbed, offsetting losses in technology and healthcare stocks. The price of crude oil rose.

KEEPING SCORE: The S&P 500 index rose 1 point to 2,723 as of 10:14 a.m….


L.A. Times – Business

Higher gas prices won’t deter record number of Californians from traveling for Memorial Day

May 15, 2018 |

Gas prices are up statewide, but that is not deterring Californians from planning to travel in record numbers during the upcoming Memorial Day holiday.

Although prices have increased 24% over last year, the Auto Club of Southern California predicts 5.19 million Californians will get away for the…


L.A. Times – Business

Stocks claw back early losses; Apple leads tech higher

May 1, 2018 |

U.S. stocks clawed back early losses Tuesday as Apple led a rally in technology companies. Smaller, more domestically focused companies also climbed. The late push offset a slump in household goods-makers and industrial companies.

Stocks fell in the early going as investors focused on trade tensions,…


L.A. Times – Business

BP Shares, Boosted by Higher Oil Prices, Hit Eight-Year High

May 1, 2018 |

BP shares rose to their highest level since 2010, boosted by frothy oil prices that have helped return the stock to levels not seen since the month after the Deepwater Horizon disaster.
WSJ.com: US Business

Buyouts and strong earnings push stocks higher

April 30, 2018 |

A burst of corporate deals and strong earnings reports helped push U.S. stock indexes higher in early trading Monday. If the gains hold, it will be the fourth straight increase for the Standard & Poor’s 500 index, marking the longest winning streak in more than two months.

KEEPING SCORE: The S&P…


L.A. Times – Business

US Stock Indexes Close Broadly Higher

April 16, 2018 |

Stocks are closing broadly higher as technology, health care and industrial companies post solid gains, the AP reports. Microsoft rose 1.2% Monday and UnitedHealth Group jumped 2.7%. Truck and engine maker Navistar jumped 9.8% after Reuters reported that Volkswagen might buy the company. Advertising conglomerate WPP sank…
Newser

Stocks open higher on Wall Street

April 16, 2018 |

Stocks opened broadly higher on Wall Street on Monday as technology and healthcare shares posted solid gains.

Drug maker Merck & Co. jumped 3%, and Microsoft rose 1%.

Truck and engine maker Navistar rose 3.3% after Reuters reported that Volkswagen might buy the company.

Advertising conglomerate…


L.A. Times – Business

Stocks Close Higher as Trade Worries Ebb

April 5, 2018 |

Stocks closed higher as traders became more optimistic that the US and China will be able to resolve their trade differences without too much damage, the AP reports. Some of the biggest gains Thursday went to retailers, technology companies and banks. Amazon climbed 2.9%, Facebook rose 2.7%, and…
Newser

Late Rally Sends US Stock Indexes Higher

April 3, 2018 |

Stocks moved sharply higher in the last hour of trading, allowing the market to claw back a good part of the ground it lost a day earlier, the AP reports. Indexes had spent most of Tuesday wobbling between gains and losses. Technology companies again drove much of the gains. Intel,…
Newser