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| April 30, 2017

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Stocks Archives -

Stocks slip Friday, but it’s still a winning week

April 28, 2017 |

U.S. stocks closed modestly lower Friday, ending just short of another milestone for Wall Street.

The Nasdaq composite index narrowly missed its fourth record-high close this week, though all the major indexes still notched weekly gains.

Phone companies, banks and materials stocks were among the…

L.A. Times – Business

Stocks edge higher in early trading

April 27, 2017 |

Stocks are edging higher in early trading on Wall Street as investors pore over a large batch of company earnings reports.

Comcast and Union Pacific rose early Thursday after reporting their earnings, while United Parcel Service and Southwest Airlines fell.

The Standard & Poor’s 500 index was up…

L.A. Times – Business

Healthy profits for McDonald’s, others vault stocks higher

April 25, 2017 |

Profits are climbing for companies, and so are their stock prices.

More big businesses, including Caterpillar and McDonald’s, joined the earnings parade Tuesday, saying they earned even more in the first three months of the year than analysts were expecting. The gains put U.S. indexes on track…

L.A. Times – Business

U.S. and global stocks rally after French election

April 24, 2017 |

U.S. stocks joined a worldwide rally Monday morning after election results in France over the weekend raised expectations that the European Union and euro currency will remain intact. A candidate seen as pro-business won the most votes in Sunday’s vote, and many investors expect him to win a runoff…

L.A. Times – Business

Stocks slump as finance and healthcare firms fall

April 22, 2017 |

U.S. stocks slumped Friday as financial and healthcare companies moved down. Industrial companies rose as stocks continued the up-and-down pattern they’ve been stuck in for the last month.

Banks fell as bond yields and interest rates slid early in the day. Energy companies sank with oil prices.

L.A. Times – Business

Stocks rally, lifted by company earnings

April 21, 2017 |

U.S. stocks climbed Thursday as industrial companies, banks, technology and materials firms and energy companies all rallied. A strong day of corporate results left investors feeling better about the economy.

For more than a week, investors have been poring through company earnings for signs the…

L.A. Times – Business

Stocks start to bounce back, led by banks

April 19, 2017 |

U .S. stocks are rebounding Wednesday morning as strong results from Morgan Stanley and rising bond yields send banks and other financial companies higher. Industrial and basic materials companies are also gaining ground.

KEEPING SCORE: The Standard & Poor’s 500 index gained 9 points, or 0.4%,…

L.A. Times – Business

Johnson & Johnson and Goldman Sachs sneeze, and stocks catch a cold

April 19, 2017 |

U .S. stocks fell Tuesday after weak first-quarter reports from Johnson & Johnson and Goldman Sachs frustrated investors who hope that company earnings are on the rise. Healthcare companies lost the most.

Wall Street has high hopes for company earnings this spring, and weak results from the world’s…

L.A. Times – Business

Health Care, Banks Lead US Stocks Lower

April 19, 2017 |

Stocks closed lower on Wall Street as poor results from Johnson & Johnson, Goldman Sachs, and other companies put a damper on buying, the AP reports. Johnson & Johnson lost 3.1% Tuesday, and drugmaker Cardinal Health slumped 11.5%. Goldman Sachs fell 4.7% after reporting a rare miss…

Stocks rise, led by tech and consumer companies

April 17, 2017 |

U.S. stocks are starting higher Monday as investors get back to trading after the Easter holiday weekend. Technology and consumer-focused companies are making some of the largest gains after the Chinese government said that country’s economy grew at a slightly faster pace in the first quarter….

L.A. Times – Business