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| October 21, 2017

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Banks, technology lead early gains for U.S. stocks

October 20, 2017 |

U.S. stocks were up slightly in early trading Friday as investors cheered a crop of strong company earnings. Technology companies posted some of the biggest gains. A jump in bond yields also helped lift bank shares. Consumer products companies lagged the most. Energy stocks declined following a…


L.A. Times – Business

Stocks fall, pulled down by tech and financial shares

October 19, 2017 |

Technology companies and banks are leading U.S. stocks slightly lower in early trading on Wall Street.

Apple gave up 2% early Thursday, while Facebook lost 1.3% and Google’s parent company, Alphabet, lost 1%.

Among financial companies, American Express fell 1.8% after announcing that its CEO was…


L.A. Times – Business

Healthcare stocks rise, but others fall

October 17, 2017 |

Stocks on Wall Street were off to a mixed start Tuesday as gains for healthcare companies were offset by losses elsewhere in the market.

UnitedHealth Group, the country’s biggest health insurer, rose 3.9% after reporting earnings that beat analysts’ estimates. Johnson & Johnson rose 1.2% after…


L.A. Times – Business

Gains for tech help U.S. stocks higher, but insurers skid

October 13, 2017 |

U.S. stocks finished mostly higher Friday to wrap up a subdued week, and technology companies did most of the heavy lifting. Investors were also pleased to see that shoppers spent more money in September.

Printer and PC maker HP sent technology companies higher after releasing a strong profit forecast…


L.A. Times – Business

Tech Gains Push Stocks Higher

October 13, 2017 |

Stock indexes closed slightly higher on Wall Street, driven by solid gains in technology companies, the AP reports. HP rose 6.4% Friday after giving a strong outlook for next year. Health insurers and hospital operators fell sharply after President Donald Trump said the government will halt payments to insurers…
Newser

Stocks End the Day Lower

October 12, 2017 |

US stock indexes are closing slightly lower as retailers and media companies decline, the AP reports. Women’s clothing retailer J. Jill lost half its value Thursday after the company slashed its forecast for the third quarter. AT&T sank 6.1%, its worst loss in nine years, after the company said…
Newser

Stocks slip; retailers and media companies slump

October 12, 2017 |

U.S. stocks were slipping in early trading Thursday as retailers and communications and media companies declined. Women’s clothing retailer J. Jill was tumbling after it slashed its forecast for the third quarter. AT&T was falling after it said it expects to lose DirecTV subscribers, while cable…


L.A. Times – Business

Stocks are mixed; Kroger jumps and Coach falls

October 11, 2017 |

Shares of household goods makers and healthcare companies were edging higher on Wall Street on Wednesday morning, while banks and energy companies fell. That left U.S. stocks little changed overall in the early going. Kroger was jumping after saying it will consider selling its convenience store…


L.A. Times – Business

Stocks end higher, lifted by Wal-Mart and airlines

October 11, 2017 |

A big jump for Wal-Mart helped the Dow Jones industrial average reach a record high Tuesday, and gains for other retailers and airlines lifted other stock indexes as well.

Airlines rose after American and United issued strong forecasts. Utilities and smaller companies also climbed. Banks edged…


L.A. Times – Business

Stocks open slightly higher; tech and energy companies edge up

October 9, 2017 |

Stocks are opening slightly higher as technology and energy companies inch upward.

Seagate Technology rose 1.2% in early trading Monday, and Chevron rose 0.5%.

General Electric fell 2% after the company named a new director to its board and announced the departure of its chief financial officer…


L.A. Times – Business