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| October 24, 2018

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Stocks drop sharply as 3M and Caterpillar warn of trouble; Dow falls 500-plus points

October 23, 2018 |

U.S. markets opened in a steep slide Tuesday on one of the busiest earnings days of the year as a global sell-off and a disappointing report by 3M — a major industrial company that is a window into the U.S. economy — had nervous investors fleeing stocks.

The Dow Jones industrial average dropped…


L.A. Times – Business

Stocks wobble at the end of another shaky week of trading

October 20, 2018 |

U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued to sell shares of former favorites such as retailers. Household goods makers rose again as a week of choppy trading concluded.

Stocks surged in early trading after better-than-expected reports…


L.A. Times – Business

After a Bumpy Week, It’s a Mixed Finish for Stocks

October 20, 2018 |

US stocks gave up an early rally and struggled to another mixed finish as investors continued to sell former favorites like retailers, the AP reports. Homebuilders also fell sharply Friday after a realtors’ group reported that home sales fell for the sixth straight month in September. Beazer Homes gave up…
Newser

Stocks sink on weak industrial earnings; tech skid resumes

October 19, 2018 |

U.S. stocks slumped again Thursday as investors continued to sell shares of technology and internet companies, industrial firms and companies that rely on consumer spending.

Several industrial companies tumbled after releasing weak quarterly reports, and European stocks also fell as European Union…


L.A. Times – Business

Dow Falls Again as Industrial Stocks Sink

October 18, 2018 |

Stocks are closing broadly lower on Wall Street after erasing part of an earlier plunge, the AP reports. Industrial companies sustained some of the biggest losses Thursday after several of them reported dismal results. Aircraft maker Textron dropped 11.3% after reporting results that came in well short of forecasts….
Newser

Stocks Erase Most of an Early Plunge

October 17, 2018 |

Stocks clawed back nearly all of an early plunge but still ended slightly lower on Wall Street, a day after the market’s biggest gain in six months, the AP reports. Trading remained choppy Wednesday, with sharp drops for IBM and other technology stocks offsetting gains in banks and other financial…
Newser

Stocks lower in early trading following biggest gain in six months

October 17, 2018 |

U.S. stocks are lower Wednesday morning following their biggest gain in more than six months.

IBM tumbled after it announced disappointing quarterly revenue and homebuilders are sinking after the Commerce Department said construction of new homes dropped in September. Netflix jumped after it announced…


L.A. Times – Business

Stocks Surge to Biggest Gain Since March

October 17, 2018 |

Stocks are surging on Wall Street, clawing back some of the ground lost last week, after several big US companies reported standout results, the AP reports. Major US indexes climbed more than 2% Tuesday, giving them their biggest one-day gains since March. They’re still down for the month following a…
Newser

Stocks jump, helped by strong company earnings

October 16, 2018 |

World stock markets turned higher again Tuesday, helped by strong earnings reports from major U.S. companies. Investment banks Morgan Stanley and Goldman Sachs, healthcare products company Johnson & Johnson and health insurer UnitedHealth all climbed after announcing their third-quarter results….


L.A. Times – Business

Stocks End a Wobbly Day Broadly Lower

October 16, 2018 |

After a wobbly day of trading, US stocks closed broadly lower for the sixth time in seven days as technology companies continued to slide, the AP reports. The market’s losses Monday were limited relative to the steep drops last week. Gains by industrial and high-dividend companies helped limit the retreat….
Newser