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| August 19, 2018

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indexes Archives -

US Stock Indexes Close Sharply Higher

August 16, 2018 |

Stocks are closing higher on Wall Street following strong results from Walmart and signs of progress in defusing the trade dispute between China and the US, the AP reports. Walmart jumped 9.3% Thursday after reporting its strongest sales growth in a decade as well as a surge in online…

Tech Weakness Pulls Stock Indexes Lower

August 15, 2018 |

Stocks are ending broadly lower on Wall Street led by declines in technology companies, the AP reports. A surprise drop in profits for the Chinese internet giant Tencent Wednesday led to widespread declines for technology stocks. The drop got investors worried about demand for high-tech products as well as economic…

Retail stocks rise and bank stocks fall; indexes barely budge

August 10, 2018 |

Major U.S. indexes stood stock-still for the third consecutive day Thursday as gains for retailers were canceled out by losses for banks and other companies.

Energy companies again headed lower after a sharp drop in oil prices the day before. Amazon and media company Viacom led consumer-focused…

L.A. Times – Business

Tech Stocks Drag US Indexes Lower

July 30, 2018 |

Technology companies took sharp losses for a third day in a row and US indexes are closing lower, the AP reports. Twitter skidded 8% and Google’s parent company Alphabet gave up 1.8%. Technology companies have done far better than the rest of the market for more than a year…

Banks Weigh on Large-Stock Indexes

July 19, 2018 |

Banks and other large US stocks fell but smaller companies climbed, making for a mixed finish on Wall Street, the AP reports. Banks fell Thursday as interest rates decreased. Several financial companies including American Express and Bank of New York Mellon dropped after issuing weak second-quarter reports. Comcast rose 2….

Stock indexes rise as tech companies regain some ground and GE jumps

June 26, 2018 |

U.S. stocks are mixed Tuesday morning as technology and industrial companies bounce back from sharp losses the day before. Apple, Microsoft and Facebook are all up about 1%. General Electric is jumping after it said it will shed its healthcare business and its majority stake in oil services company…

L.A. Times – Business

Energy Companies Skid, Sending Indexes Lower

May 24, 2018 |

US stocks are finishing mostly lower as energy companies skidded along with oil prices, the AP reports. The market dropped Thursday after President Donald Trump said he canceled a meeting with North Korean leader Kim Jong Un, but recovered most of those losses. Crude oil prices and energy companies fell…

More Than 200 China-Listed Stocks to Join MSCI’s Indexes

May 15, 2018 |

Global index provider MSCI has released a list of more than 200 Chinese stocks that it will include in its key indexes from next month, capping a year-long process that is likely to attract billions of dollars into China’s markets. What’s News Asia

US Stock Indexes Post Solid Gains

May 9, 2018 |

Stocks posted solid gains on Wall Street, led by technology companies and banks, the AP reports. Energy stocks rose along with the price of oil. The price of US crude climbed back above $ 70 a barrel Wednesday, a day after the US moved to withdraw from a nuclear accord with…

Mixed Finish for US Stock Indexes

April 25, 2018 |

It was a mixed finish on Wall Street as large-company stocks eked out modest gains but smaller ones ended lower after a wobbly day of trading, the AP reports. Big health care, energy and retailing stocks posted gains Wednesday. Boeing jumped 4.2%, helping the Dow Jones industrial average break…