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| June 18, 2018

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Stocks slip after Fed says interest rates will rise faster

June 13, 2018 |

U.S. stocks slipped Wednesday after the Federal Reserve raised interest rates and said it expects to increase twice more by year’s end. Investors bet that several huge deals are more likely to happen after a federal court cleared AT&T’s $ 85-billion purchase of Time Warner.

Wall Street was already…

L.A. Times – Business

Stocks inch down ahead of G-7 summit; tech stocks slip

June 8, 2018 |

U .S. stocks are mostly lower Friday morning after small losses the day before, and technology companies are down after they took their biggest drop in six weeks. Investors are treading cautiously ahead of a Group of 7 summit that promises to be tense as leaders confront President Trump over tariffs…

L.A. Times – Business

U.S. stocks slip after weak economic data from Europe

May 23, 2018 |

U.S. stocks fell Wednesday morning after a weak finish the day before, with energy and industrial companies taking some of the worst losses. Investors are concerned about the European economy after a measure of business activity fell to an 18-month low in May. Target slid after big investments…

L.A. Times – Business

A Storm, Then a Slip on Iconic Yosemite Peak

May 23, 2018 |

A hiker exploring California’s Yosemite National Park died Monday when he slipped from cables leading to the 8,800-foot peak of its famed Half Dome. The man was climbing the last 400 feet of the summit with the help of installed metal cables when he slipped during a thunderstorm around…

Stocks feel pressure from trade tensions; industrials slip further

March 14, 2018 |

U.S. stocks are mostly lower as investors’ fears about tariffs and decreased international trade continue to hurt industrial companies. Banks are falling as bond yields decline, but technology companies are making gains. Department stores and other retailers are losing ground after the Commerce…

L.A. Times – Business

Stocks Slip on Last Trading Day of 2017

December 30, 2017 |

Stocks ended lower on the final trading day of 2017, capping the best year for the Standard & Poor’s 500 index in four years, the AP reports. Losses in the technology, financial, and health care sectors outweighed slight gains for consumer products makers Friday. Advanced Micro Devices gave up 2….

Markets Slip Back From Record Highs

December 19, 2017 |

Losses for technology companies and banks pulled the stock market slightly below the latest all-time highs it set a day earlier, per the AP . The Standard & Poor’s 500 fell 8 points, or 0.3%, to 2,681. The Dow Jones industrials fell 37 points, or 0.2%, to 24,…

Stocks slip as tech companies retreat from record highs

December 19, 2017 |

U.S. stocks are lower Tuesday as losses for technology companies pull stock indexes down from all-time highs. Investors are waiting for Congress to start voting on a tax bill that would lower corporate tax rates. Energy companies are up slightly as oil prices rise.

KEEPING SCORE: The Standard &…

L.A. Times – Business

Stocks slip ahead of Thanksgiving break

November 23, 2017 |

Stocks mostly slipped away from their latest record highs Wednesday as the two former halves of Hewlett-Packard both tumbled, while falling interest rates helped phone companies but hurt banks.

The price of oil jumped on reports OPEC and a group of other countries might extend the cuts in production…

L.A. Times – Business

Stocks slip as tech shares decline, Williams-Sonoma drops and Foot Locker soars

November 17, 2017 |

Stocks are opening slightly lower on Wall Street as the market pulls back after a big gain the day before.

Technology stocks, which rose sharply a day earlier and still lead the market overall this year, fell the most. Banks were also lower.

Williams-Sonoma dropped 12% after issuing a weak forecast.

L.A. Times – Business