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| December 15, 2017

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Tax Plan Trouble Sends Stocks Lower

December 14, 2017 |

Stocks gave up an early gain and finished lower Thursday as the Republican tax plan hit another snag, the AP reports. Indexes turned lower after Sen. Marco Rubio said he would vote against the bill unless the child tax credit was expanded. Small-company stocks, which stand to benefit the most…

Energy Slump Pulls Stock Market Lower

December 7, 2017 |

Stocks closed mostly lower after an up-and-down day of trading as energy companies and retailers dragged the market down, the AP reports. A steep drop in the price of oil Wednesday pulled the energy sector lower. Devon Energy slumped 3.9%. Benchmark US crude fell 2.9%. Home improvement retailers…

Steep Tech Drop Pulls Stocks Lower

November 30, 2017 |

A steep drop in technology companies pulled major US stock indexes mostly lower Wednesday, offsetting gains in other sectors, the AP reports. Several big names in the tech sector fell—Micron slumped 8.7%—but tech remains the biggest winner on the market this year, up 35%. Bond yields rose…

Stocks End Mostly Lower in Quiet Pre-Thanksgiving Trading

November 23, 2017 |

Stock indexes ended mostly lower Wednesday on Wall Street in a quiet day of trading ahead of the Thanksgiving holiday, the AP reports. Technology companies and banks finished broadly lower, though Apple managed to gain 1%. Energy companies rose as oil prices jumped on reports OPEC might extend production cuts….

Stocks Close Lower, Led by Drops in Tech

November 17, 2017 |

Stocks are closing lower on Wall Street, led by drops in technology companies, as the market gives back some of its big gain from a day earlier, the AP reports. Intel lost 2.2% Friday and Google’s parent company Alphabet fell 1.2%. Health care and industrial stocks also fell….

Slumping Energy Sector Pulls Stocks Lower

November 15, 2017 |

Slumping energy stocks pulled the broader market slightly lower Tuesday, erasing small gains from the day before, the AP reports. A sharp drop in crude oil prices Tuesday weighed down the energy sector. Range Resources dropped 6.6% and Newfield Exploration gave up 7.1%. Disappointing results or outlooks from…

Stocks open lower on Wall Street

November 14, 2017 |

Stocks opened lower on Wall Street on Tuesday as technology companies, banks and retailers sank.

TJX Companies, the parent company of T.J. Maxx and Marshalls, slumped 4.5% after reporting revenue and earnings that missed analysts’ estimates.

Dick’s Sporting Goods reported a solid quarter but was…

L.A. Times – Business

Stocks Close Slightly Lower

November 10, 2017 |

Stocks are closing slightly lower Friday as the market’s eight-week winning streak comes to an end, the AP reports. Companies that make medical devices and health care equipment declined after an analyst said Amazon may shake up their industry over the next few years. Medtronic fell 1.8% and Baxter…

Stocks Closing Lower as Drugmakers Fall

October 30, 2017 |

Stocks are closing lower on Wall Street as health care companies and smaller firms tumbled, the AP reports. Drugmaker Merck fell 6.1% Monday after it withdrew a marketing application for its drug Keytruda in Europe. Smaller companies skidded. The Russell 2000 index fell 1.2% to 1,490. That…