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| December 14, 2017

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Tech stocks lead U.S. indexes higher

December 13, 2017 |

Stocks are opening higher on Wall Street as technology companies post solid gains.

Hard drive maker Western Digital gained 3% after it resolved a dispute with its partner Toshiba over Toshiba’s plan to sell its flash memory business.

Finisar climbed 27% after Apple said it will invest $ 390 million…


L.A. Times – Business

S&P 500 and Dow rise to new highs, but tech stocks fall

December 12, 2017 |

Big-name companies notched gains on Wall Street on Tuesday, bringing the Standard & Poor’s 500 index and the Dow Jones industrial average to new highs for the second day this week.

A slide in technology stocks pulled the Nasdaq down. Small-company stocks also lagged.

Banks and other financial stocks…


L.A. Times – Business

Stocks tick up, bringing S&P 500 and Dow to new highs

December 12, 2017 |

Technology companies led U.S. stocks modestly higher Monday, driving the market to another set of milestones.

The Standard & Poor’s 500 index and Dow Jones industrial average finished at new highs. Both indexes also set record highs Friday.

Solid gains by healthcare companies also helped lift the…


L.A. Times – Business

Stocks rise after strong jobs report; S&P 500 sets a new record high

December 9, 2017 |

Stocks rose Friday after a better-than-expected U.S. jobs report, and the strong finish pushed the Standard & Poor’s 500 index to its third straight weekly gain despite some weakness earlier in the week.

The gains were widespread, and telecom and healthcare stocks helped lead the way. Overseas…


L.A. Times – Business

Jobs, Brexit Progress Send Stocks Higher

December 8, 2017 |

Stocks ended higher Friday as investors welcomed a strong US jobs report and progress in Britain’s talks about leaving the European Union, the AP reports. Health care stocks rose more than the rest of the market. Alexion Pharmaceuticals jumped 7.2% after the New York Times reported that an activist…
Newser

S&P 500 snaps losing streak as industrial and tech stocks rise

December 7, 2017 |

U.S. stock indexes perked up Thursday after a nearly weeklong lull, and the Standard & Poor’s 500 index rose for the first time in five days.

Industrial and technology companies helped lead the way as broad swaths of the market climbed. Nearly two stocks rose for every one that fell on the New…


L.A. Times – Business

Sinking energy stocks pull S&P 500 to fourth straight loss

December 6, 2017 |

U.S. stocks took another small step backward on Wednesday after a plunge in the price of oil dragged down shares of energy producers. The losses overshadowed gains for technology companies and other areas of the market.

The Standard & Poor’s 500 index dipped by a fraction of a point, down 0.30…


L.A. Times – Business

U.S. stocks take a wild ride as Dow plunges 350 points before recovering

December 2, 2017 |

Wall Street took investors on a turbulent ride Friday as stock indexes veered into a steep slide that knocked 350 points off the Dow Jones industrial average before the market eventually clawed back most of its losses.

The market stumbled after former national security advisor Michael Flynn pleaded…


L.A. Times – Business

Stocks Tumble, Rebound After Flynn Guilty Plea

December 2, 2017 |

Stocks are closing modestly lower, having recouped much of a steep loss from earlier in the day after a former adviser to the White House pleaded guilty to lying to the FBI , the AP reports. News that former national security adviser Michael Flynn would cooperate with the probe into Russian…
Newser

Dow breaks 24,000 as stocks rise broadly

November 30, 2017 |

U.S. stocks were moving broadly higher Thursday as technology companies rebounded after a steep sell-off a day earlier. The rally pushed the Dow Jones industrial average past the 24,000 mark for the first time. Investors welcomed signs that the odds were improving for the Republican-led effort…


L.A. Times – Business