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| February 22, 2018

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Stocks Archives -

Trump Takes Step to Ban ‘Bump Stocks’

February 21, 2018 |

President Trump said Tuesday he is moving to impose new regulations that would ban devices that allow certain firearms to function as rapid-fire ‘machine guns.’
WSJ.com: What’s News Asia

Trump Urges Justice Dept. to Ban Bump Stocks

February 21, 2018 |

The Justice Department says it is moving quickly with its review of “bump stock” devices after President Donald Trump directed the agency to propose regulations banning them, the AP reports. The devices allow semi-automatic rifles to fire faster and were used in last year’s Las Vegas massacre. The Justice Department…
Newser

What are bump stocks? How they work and why Trump wants them banned

February 21, 2018 |

Days after another mass shooting sparked a nationwide debate on gun control, President Trump is taking action.
FOX News

Stocks fall as Walmart shares plunge the most in 30 years

February 20, 2018 |

The biggest drop in Walmart’s stock in 30 years and losses in other sectors pulled U.S. indexes lower Tuesday, snapping a six-day winning streak.

The losses deepened in the last hour of trading into a broad sell-off that erased early gains led by technology companies.

Walmart plunged more than…


L.A. Times – Business

TMZ

Kim Kardashian’s Christmas Stocks from Kanye Have Already Netted Her a Fortune

February 19, 2018 |

Kim Kardashian’s Christmas gift from Kanye West isn’t going to stop the chorus from grousing she keeps getting richer for doing nothing, because in this case … it’s absolutely true. As we reported, Ye hooked up his wife for Xmas with $ 100k of…

TMZ.com

Should you have bought stocks on the dip? Experts disagree

February 17, 2018 |

“Buy the dip” — the idea that you should buy stocks when the markets plunge — has worked like a charm over the last decade, thanks to market-friendly policies from central banks around the world that ensured quick recoveries.

But the 10% selloff two weeks ago and 4.3% recovery last week happened…


L.A. Times – Business

Stocks Rise for 6th Straight Day

February 17, 2018 |

Stocks ended an up-and-down day mostly higher Friday, capping a week of strong gains that wiped out more than half of the losses suffered in a series of wild swings in early February, the AP reports. The Standard & Poor’s 500 index rose for the sixth day in a row,…
Newser

Stocks have their biggest weekly jump since 2013

February 16, 2018 |

Stocks closed out their strongest week in five years Friday and have now recovered more than half of the losses they suffered in a plunge at the beginning of the month.

Investors got back to buying stocks almost as quickly as they started dumping them. The gain Friday was the sixth in a row for…


L.A. Times – Business

Tech Leads Stocks to 5th Straight Gain

February 16, 2018 |

A surge in marquee technology companies pushed stocks higher again Thursday on Wall Street, giving the market its fifth gain in a row, the AP reports. The Dow Jones industrial average rose more than 300 points. Big increases from Apple, Microsoft, and Cisco drove the tech sector higher, helping to…
Newser

Stocks open higher on Wall Street

February 15, 2018 |

Stocks opened higher on Wall Street on Thursday after several U.S. companies reported solid results.

Cisco Systems, one of the 30 stocks in the Dow Jones industrial average, climbed 4.6% after releasing earnings that were much higher than investors were expecting.

TripAdvisor soared 11% after reporting…


L.A. Times – Business