Content Tagged As stocks

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  • Household wealth reaches new high

    December 9, 2013 7:42 PM

    WASHINGTON- The wealth of Americans reached an all-time high this summer but the gains are not equally distributed among households. The Federal Reserve says net worth reflects the value of homes, stocks, bank accounts and other assets minus mortgages, credit cards and other debts. The net worth of... more »
  • Stocks surge as Washington moves to end impasse

    October 10, 2013 2:34 PM

    NEW YORK- The stock market is surging as Washington moves closer to avoiding a default on the U.S. government's debt. The market is on track for its biggest gain since January. The Dow Jones industrial average jumped as much as 310 points to 15,113 in the late afternoon Thursday. House... more »
  • Stocks fall as tensions with Syria escalate

    August 27, 2013 12:22 PM

    NEW YORK - Worries about a potential military strike against Syria are dragging down the stock market and sending oil and gold prices higher. Tension is rising between Syria and the West. U.S. Defense Secretary Chuck Hagel said Tuesday that U.S. forces are ready to strike if President Barack Obama... more »
  • S&P 500 index crosses 1,700 points for first time

    August 1, 2013 8:42 AM

    NEW YORK - Stocks are opening higher on Wall Street, sending the Standard & Poor's 500 index above 1,700 points for the first time. Big sales numbers from automakers and an improving jobs picture are sending the stock market higher in early trading Thursday. Shortly after trading opened, the S&P... more »
  • Mixed open on Wall Street; bank stocks rise

    July 12, 2013 9:11 AM

    NEW YORK- Stocks are getting off to a mixed start on Wall Street a day after the market closed at a record high. Bank stocks were mostly higher after JPMorgan Chase and Wells Fargo reported earnings that beat analysts' expectations. The Dow Jones industrial average was up 18 points, or... more »
  • Stocks rise in early trading

    July 9, 2013 8:57 AM

    NEW YORK- Stocks are rising in early trading on Wall Street led by materials and industrial companies. Alcoa was up 6 cents, or 0.9 percent, at $8 shortly after the U.S. stock market opened Tuesday. The aluminum maker reported second-quarter earnings late Monday that beat analysts' expectations. It was the... more »
  • Stocks slip in early trade after weak job growth

    June 5, 2013 9:13 AM

    NEW YORK- Stocks are opening lower on Wall Street after a payroll company reported sluggish job growth last month. ADP said U.S. businesses added just 135,000 jobs in May, the second straight month of weak gains. That's less than economists were expecting and far below the average of 200,000 monthly... more »
  • Stocks start mixed; automakers rise

    June 3, 2013 8:55 AM

    NEW YORK- Stocks are getting off to a mixed start on Wall Street. Automakers rose as traders anticipate good sales reports for last month. The Dow Jones industrial average rose 36 points to 15,150 shortly after the opening bell Monday. That's a gain of 0.2 percent. The Standard & Poor's... more »
  • Stocks mixed in early trade as spending falls

    May 31, 2013 9:05 AM

    NEW YORK- Stocks are heading slightly lower in early trading after the government reported that Americans cut back on their spending last month, a discouraging sign for the economy. The Dow Jones industrial average slipped 13 points to 15,311 shortly after the opening bell Friday, the last day of May.... more »
  • Stocks inch higher in early trading on Wall Street

    May 30, 2013 9:10 AM

    NEW YORK- Stocks are edging higher in early trading on Wall Street after the latest reports on the economy suggested a steady recovery in the U.S. The Dow Jones industrial average was up 17 points at 15,319 shortly after the opening bell Thursday, a gain of 0.1 percent. The Dow... more »
  • Stocks open lower on Wall Street

    May 29, 2013 8:55 AM

    NEW YORK- Stocks are opening lower on Wall Street, pushing the Dow Jones industrial average down from a record. The Dow fell 87 points, or 0.6 percent, to 15,321 shortly after the opening bell on Wednesday. The Standard and Poor's 500 index fell 10 points, or 0.6 percent, to 1,650.90.... more »
  • Stocks edge higher as investors watch the Fed

    May 22, 2013 9:04 AM

    NEW YORK- Stocks are opening slightly higher as investors watch for the latest moves from the Federal Reserve. The Dow Jones industrial average was up 39 points at 15,424 shortly after the opening bell Wednesday, a gain of 0.2 percent. The Standard & Poor's 500 index was up four points... more »
  • Stocks open slightly lower on Wall Street

    May 20, 2013 9:01 AM

    NEW YORK- Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains. The Dow Jones industrial average fell 21 points to 15,332 shortly after the opening bell Monday, a loss of 0.1 percent. The Standard & Poor's 500 index was... more »
  • Stocks edge higher in early trading on Wall Street

    May 17, 2013 8:50 AM

    NEW YORK- Stocks are slightly higher in early trading on Wall Street, even as several big retailers slumped after reporting disappointing earnings. Shortly after the opening bell Friday the Dow Jones industrial average was up 25 points at 15,259, an increase of 0.2 percent. The Standard & Poor's 500 index... more »
  • Stocks waver in early trading on Wall Street

    May 9, 2013 8:57 AM

    NEW YORK- Stock indexes are barely budging in early trading on Wall Street as corporate earnings reporting for the first quarter draws to a close. The Dow Jones industrial average was moving between small gains and losses shortly after the opening bell Thursday. After the first fifteen minutes of trading... more »
  • Stocks open higher after GM, CBS earnings rise

    May 2, 2013 9:01 AM

    NEW YORK- Stocks are opening higher on Wall Street, a day after the market's biggest fall in two weeks, after General Motors and other big companies announced higher profits. The Dow Jones industrial average rose 48 points to 14,747 shortly after the opening bell, an increase of 0.3 percent. It... more »
  • Stocks open higher as consumer spending rises

    April 29, 2013 9:02 AM

    NEW YORK- Stocks are edging higher in early trading on Wall Street as investors were encouraged by an increase in consumer spending last month. The Dow Jones industrial average was up 17 points at 14,730 shortly after the opening bell Monday, a gain of 0.1 percent. The Standard & Poor's... more »
  • Pickup in home building sends stock market higher

    April 16, 2013 9:05 AM

    NEW YORK- Stocks are sharply higher in early trading, a day after the market's worst drop this year, as the government reported a surge in home construction last month. Coca-Cola jumped 4 percent after reporting strong earnings. Home builder stocks rose following the construction report. The Dow Jones industrial average... more »
  • Stocks ease in early trading; gold plunges

    April 15, 2013 8:47 AM

    NEW YORK- Stocks are opening lower on Wall Street following sharp drops in commodities prices and declines in European markets. The Dow Jones industrial average was down 53 points at 14,811 shortly after the opening bell Monday, a decline of 0.4 percent. The Standard & Poor's 500 index fell seven... more »
  • US stock markets open higher

    April 10, 2013 9:11 AM

    NEW YORK- Stocks are opening higher on Wall Street, a day after the Dow Jones industrial average closed at its second all-time high in a week. Shortly after the opening bell the Dow Jones industrial average rose 72 points, or 0.5 percent, to 14,744. The Standard & Poor's 500 index... more »
  • Stocks open mixed on Wall Street ahead of earnings

    April 8, 2013 9:06 AM

    NEW YORK- Stocks are mixed in early trading on Wall Street as traders gear up for the beginning of corporate earnings reports. The Dow Jones industrial average was off 23 points, or 0.2 percent, at 14,541 shortly after the opening bell Monday. The Standard & Poor's 500 index was down... more »
  • Stocks open higher on Wall Street

    April 2, 2013 9:03 AM

    Stocks are opening higher on Wall Street as traders hope for more positive news on the U.S. economy. The Dow Jones industrial average rose 57 points, or 0.4 percent, to 14,628 shortly after the opening bell Tuesday. The Standard & Poor's 500 was up six points, or 0.4 percent, to... more »
  • Stocks open higher following jump in goods orders

    March 26, 2013 9:05 AM

    NEW YORK- Stocks are opening higher on Wall Street after factory orders for February increased sharply, reflecting a rebound in the aircraft industry. The Commerce Department reported a 5.7 percent surge in overall orders durable goods, the biggest increase in five months. The Dow Jones industrial average rose 66 points,... more »
  • Stocks open higher on Wall Street; Adobe jumps

    March 20, 2013 9:06 AM

    Stocks are opening higher on Wall Street as the European island nation of Cyprus seeks alternatives to a bailout plan its legislature overwhelmingly rejected the day before. The Dow Jones industrial average was up 79 points, or 0.6 percent, to 14,535 points shortly after the opening bell Wednesday. The broader... more »
  • Upturn in home construction sends stocks higher

    March 19, 2013 8:57 AM

    NEW YORK- A surprisingly strong increase in new home construction is sending stocks higher in early trading on Wall Street. The Dow Jones industrial average rose 40 points, or 0.3 percent, to 14,491 shortly after the opening bell Tuesday. The Standard & Poor's 500 index was up two points, or... more »
  • Stocks drop after turmoil in Cyprus sinks the euro

    March 18, 2013 8:49 AM

    NEW YORK- Stocks are slumping on Wall Street and Europe after shock over a proposed tax on bank savings in the tiny Mediterranean nation of Cyprus sent the euro sinking against other currencies. The measures being proposed in Cyprus are stoking fears of bank runs in the other 16 nations... more »
  • US stocks open lower; S&P is near record

    March 15, 2013 9:10 AM

    NEW YORK- U.S. stock markets are opening lower, threatening to end the Dow's winning streak at 10 days. The Dow Jones industrial average fell 38 points to 14,500 shortly after the opening bell Friday. The Standard & Poor's 500 index fell four points to 1,558. The Nasdaq composite fell six... more »
  • US stocks open higher; S&P nears record

    March 14, 2013 9:07 AM

    NEW YORK- Stocks are opening higher on Wall Street after a drop in unemployment applications encouraged investors that the U.S. economic recovery is continuing. The Dow Jones industrial average rose 37 points to 14,495 shortly after the opening bell Thursday. The Standard & Poor's 500 index was up four at... more »
  • US stocks fall in early trading

    March 11, 2013 9:10 AM

    NEW YORK- U.S. stocks are opening lower after turning in a record week. The Dow Jones industrial average fell 17 points to 14,379 shortly after the opening bell Monday. The economic calendar is light on Monday, offering investors little to latch on to. The Dow blew past its record high... more »
  • US stocks open higher following Dow's record day

    March 6, 2013 8:49 AM

    NEW YORK- U.S. stocks are opening higher following a record-setting day for the Dow Jones industrial average. The Dow rose 39 points to 14,293 shortly after the opening bell. Bank of America's stock rose 2.5 percent to $11.83. Along with Tuesday's record, stocks got a lift from more encouraging news... more »
  • Stocks open lower as China reins in housing

    March 4, 2013 9:07 AM

    NEW YORK- Stocks are opening lower on Wall Street following a downturn in China after that country announced new steps to cool down its booming housing market. The Dow Jones industrial average lost 44 points to 14,045 shortly after the opening bell. The Standard & Poor's 500 index fell two... more »
  • U.S. stocks bounce back after a 2-day slide

    February 22, 2013 3:12 PM

    New York- Stocks are closing higher for the first time in a few days, thanks to stronger earnings from big companies like Hewlett-Packard. The Dow rose 120 points to close at 14,001 Friday. The Standard & Poor's 500 index rose 13 points to 1,515, but still had a loss... more »
  • Strong results from Google, IBM lift tech stocks

    January 23, 2013 3:16 PM

    NEW YORK - Technology stocks are leading Wall Street to a higher close following strong earnings reports from Google and IBM. The Dow Jones industrial average rose 66 points to end at 13,779 Wednesday. Without the boost it got from IBM, the Dow would have closed flat. The Standard &... more »
  • Stocks mixed as investors work through jobs report

    December 7, 2012 11:52 AM

    NEW YORK - Stocks are trading mixed on Wall Street as investors work through the government's latest jobs report. It turns out Superstorm Sandy didn't have as much of an impact on the employment picture last month as economists had expected. The government says the storm played only a minimal... more »
  • Stocks open lower on new fiscal cliff warning

    November 26, 2012 9:57 AM

    NEW YORK - Stocks are opening lower after a warning from White House economists dampened what had been a huge weekend for retailers. Shoppers flooded stores in record numbers over the weekend, according to the National Retail Federation. The organization said 247 million shoppers visited stores and shopping websites... more »
  • $3 billion deal to be approved by Shaw shareholders

    November 20, 2012 9:49 PM

    BATON ROUGE- Shareholders of Shaw Group Inc. (NYSE: SHAW) will meet to approve a merger with CB&I (NYSE: CBI). CB&I is buying the Baton Rouge-based Shaw for more than $3 billion. Shaw stockholders will get about $46 per share when the deal is closed. The meeting is set... more »
  • Stocks slip as worries about fiscal cliff return

    November 12, 2012 12:19 PM

    NEW YORK - Stocks are slipping in midday trading on Wall Street, erasing an early gain, as investors again turn their focus to the approaching "fiscal cliff." Trading was light. The federal government and U.S. bond trading were closed for Veterans Day. Huge government spending cuts and tax increases are... more »
  • US stocks turn higher on hopes of stimulus

    June 12, 2012 3:12 PM

    NEW YORK - U.S. stocks are closing higher, recovering some of their big loss from a day earlier, after a Federal Reserve official said he supported more measures to stimulate the economy. The Dow Jones industrial average closed up 162 points to 12,574. Charles Evans, president of the Fed's Chicago... more »
  • Finders not Keepers

    May 31, 2012 8:01 PM

    An appeals court in Arizona says a man's heirs are entitled to half a million dollars found in the walls of his former home years after he died. The cash was stashed in ammunition boxes, hidden in the walls. It was found by a couple who bought the house while... more »
  • Facebook falls flat in public debut

    May 18, 2012 4:16 PM

    NEW YORK - After all the hype, Facebook's first day as a public company ended where it began. In its much-anticipated debut on the Nasdaq Stock Market, Facebook's stock closed Friday at $38.23, up 23 cents. It had been priced at $38 per share on Thursday night. After an anxiety-filled... more »
  • Stocks fall; Dow has its 11th loss in 12 days

    May 17, 2012 3:15 PM

    NEW YORK - The Dow Jones industrial average fell for the 11th time in 12 days after a pair of discouraging economic reports came as investors worried about Greece's possible exit from euro. The Dow closed down 156 points at 12,442. The Standard & Poor's 500 fell 20 to 1,305,... more »
  • Stocks tumble, worries over European debt

    April 23, 2012 3:23 PM

    NEW YORK - Worrying news out of Europe is sending stocks sharply lower at the close of trading. The Dutch government collapsed Monday, a day after French President Nicolas Sarkozy lost the first round of that country's presidential election. A new report showed that European government debt is piling... more »
  • Stocks make a U-turn, climb after big decline

    April 11, 2012 8:50 AM

    NEW YORK- Stocks are opening sharply higher, a day after their worst loss of the year. The Dow Jones industrial average is up 106 points in the opening minutes of trading, to 12,822, recouping half of yesterday's 214-point plunge. The broader Standard & Poor's 500 is up 13 points to... more »
  • Stocks continue downward trend

    April 10, 2012 3:14 PM

    NEW YORK - The stock market closed down sharply, extending its longest and deepest slum this year. The Dow Jones industrial average lost 213 points to 12,716. That is it's biggest one-day loss of the year and its third triple-digit decline in the past four trading days. The broader Standard... more »
  • Dow trying for 13,000 again after morning dip

    February 27, 2012 11:02 AM

    The Dow Jones industrial average is taking another shot at 13,000. The Dow is hovering around the mark in midday trading. It broke through 13,000 in late morning Monday, just as it did several times last week. But it hasn't closed above 13,000 since May 2008. The Dow is up... more »
  • US stocks fall on high oil prices

    February 27, 2012 8:47 AM

    U.S. stocks are falling because of worries that high oil prices could hurt the economic recovery. A few minutes after the opening bell, the Dow Jones industrial average was down more than 80 points, or 0.6 percent, to 12,903. The Standard & Poor's 500 index fell 9.6 points to 1,356.... more »
  • Stocks lower a day after Dow's blip above 13,000

    February 22, 2012 3:22 PM

    NEW YORK (AP) - Stocks are ending lower for the first time in four trading days and a day after briefly hitting their highest point in nearly four years. The Dow Jones industrial average is ending down 27 points at 12,938. The day before, it briefly passed 13,000 for... more »
  • US stocks fall as Greek bailout debate winds on

    February 14, 2012 11:05 AM

    NEW YORK- Stocks are falling on Wall Street in midday trading, weighed down by continuing economic struggles in Europe. The Dow Jones industrial average slid 14 points to 12,860 at midday Tuesday. Bank of America led the Dow lower with a decline of 2.4 percent. The Standard & Poor's 500... more »
  • Stocks rise early after Greek deal, then flatten

    February 9, 2012 11:15 AM

    NEW YORK - U.S. stocks rose in early trading Thursday after Greece nailed down a cost-cutting deal that it needs to avoid defaulting on its debt next month. But stocks fell later in the morning and are now virtually flat. Analysts say the market expected the deal, and they're warning... more »
  • Stock futures edge higher on euro optimism

    February 8, 2012 8:53 AM

    NEW YORK - U.S. stock futures are advancing on hope that a long-awaited deal to allow Greece to claim its second bailout is near despite another delay in discussions between the country's political leaders. Dow futures are up 17 points at 12,848. The broader Standard & Poor's 500 futures are... more »
  • Wall Street opens lower as Greek talks drag on

    February 6, 2012 8:53 AM

    NEW YORK - Stocks are opening lower as talks dragged on between Greek political leaders over a fresh austerity package required for the country to get more bailout loans. Minutes after the opening bell Monday, the Dow Jones industrial average is down 42 points to 12,819. Intel led the Dow... more »
  • Stocks flat on first day of earnings season

    January 10, 2012 9:12 AM

    NEW YORK - Stocks are in a holding pattern on Wall Street. Among other things, traders are looking ahead to the unofficial start of corporate earnings season, which comes after the closing bell when Alcoa Inc. releases its fourth-quarter results. They're also keeping an eye on the continuing debt crisis... more »
  • US stock futures rise on hopes of Europe debt plan

    September 26, 2011 8:42 AM

    NEW YORK- U.S. stock futures are rising on hopes that European leaders will come up with a new strategy to resolve the region's debt crisis. Finance officials met in Washington this past weekend and pledged to take bolder steps to fight the problems. German leaders, for example, want banks... more »
  • Stocks tumble on worries about global economy

    August 18, 2011 1:21 PM

    NEW YORK - U.S. stocks are plunging amid a global sell-off on worries about the weakening economy. In the U.S., more people joined the unemployment line last week than the week before. Consumers were under more pressure from higher gasoline prices. And manufacturing activity in the Philadelphia region unexpectedly weakened.... more »
  • Stocks sink after S&P issues warning on US debt

    April 18, 2011 12:18 PM

    NEW YORK - One analyst says it's a "warning sign" that the U.S. needs to get its deficits under control. Standard & Poor's warned today that it might lower its rating on U.S. government debt because of the mounting budget deficits. The move has sent stocks falling, with... more »
  • Stocks fall amid worries about oil prices

    March 4, 2011 12:45 PM

    NEW YORK - Stocks are falling in midday trading as worries about another jump in oil prices overshadow a solid report on the U.S. job market. Crude oil rose more than 1 percent on Friday to trade above $103 a barrel, its highest level since September 2008. ... more »
  • Libya unrest sends stocks lower, oil prices higher

    February 22, 2011 1:10 PM

    NEW YORK - Stocks fell sharply and oil prices spiked as investors became worried about increasingly violent unrest in Libya. Oil prices rose 6 percent to $95 a barrel Tuesday. The fight between protesters and forces loyal to the Libyan leader Moammar Gadhafi threatens the country's oil production.... more »
  • Stocks extend rally ahead of Fed meeting

    September 20, 2010 9:11 AM

    Stocks extended their September rally into a fourth week Monday as traders looked toward the Federal Reserve's meeting later this week. The Dow Jones industrial rose 73 points in early morning trading. Broader indexes also rose. There is growing expectation the Fed's rate-setting committee might relaunch programs to... more »
  • Stocks headed sharply lower

    August 11, 2010 9:33 AM

    Stocks were headed sharply lower in the early going Wednesday. Investors were taking a more cautious approach to the market after the Federal Reserve issued its more downbeat view of the economy Tuesday. The Dow was down 200 points in the first hour of trading. more »
  • Judge sells Exxon stock before drilling ruling

    June 28, 2010 10:55 AM

    A federal judge who overturned President Obama's six-month deepwater drilling ban says he learned he owned stock after he heard the case. U.S. District Judge Martin Feldman has asked his broker to sell the stocks as soon as the market opened on June 22. He says he does not... more »
  • BP shares down in morning trading

    June 16, 2010 10:43 AM

    BP shares were down about five percent this morning as company officials met with President Obama about the oil spill response. The shares fell $1.56 to $29.82 on the New York Stock Exchange. The company's stock prices have been off by about 50 percent since the oil rig exploded... more »
  • BP shares rising for second day

    June 11, 2010 10:41 AM

    BP shares on the New York Stock Exchange are climbing for the second day in a row despite new oil flow estimates that show the spill could be double what federal scientists previously estimated. Friday morning, BP's shares rose $1.35 to $34.13. The price began climbing Thursday after the... more »
  • Stocks soaring on news of EU plant to fight debt

    May 10, 2010 8:42 AM

    A plan to combat Europe's spreading debt crisis has sent stocks soaring. The European Union has agreed to put up $1 trillion to protect the euro and shore up member economies. Stocks surged in Europe and in early trading on Wall Street the Dow Jones was up my... more »
  • Stocks finish with gains

    April 23, 2010 8:34 PM

    Stocks finished with the eighth consecutive weekly gain. The Dow Jones jumped 70 points to 11,204. The S&P added 9 and the Nasdaq rose 11 points. more »
  • Gains on Wall Street

    April 22, 2010 8:51 PM

    Stocks climbed by the closing bell. The Dow added 9 points to 11,134. The S&P inched up nearly 3 points, while the Nasdaq jumped more than 14 points. more »
  • Stocks end the week up

    February 26, 2010 7:35 PM

    The stock market closed slightly higher today after a volatile week on Wall Street. The Dow was up 4 points to 10,325. The S&P gained nearly 2 points, while the Nasdaq gained 4 points. more »
  • Rebound on Wall Street

    February 24, 2010 3:44 PM

    Reassurance that interest rates will stay low lifted stocks after a two-day slide. Federal Reserve Chairman, Ben Bernanke, is optimistic about a recovery in the economy in his semi-annual report to Congress. He says keeping interest rates low is needed to support growth. For every stock that fell... more »
  • Stocks retreat after disappointing consumer report

    February 23, 2010 9:37 AM

    A sharp drop in consumer confidence sent stocks lower in early trading on Tuesday. The Conference Board said its consumer confidence index has fallen to 46 in February from 56.5 last month. Economists had expected a reading of 55. A reading above 90 means the economy is on... more »
  • Stocks up again

    February 18, 2010 8:34 PM

    Stocks saw gains for the third straight session this week. The Dow added almost 84 points, to close at 10,393. The S&P added 7, and the Nasdaq gained 15 points. more »
  • Stocks rise after better-than-expected GDP report

    January 29, 2010 10:31 AM

    Stocks rose on Wall Street Friday after a new report said the nation's economy grew at its fastest pace in six years. The Commerce Department said the gross domestic product grew at an annual rate of 5.7 percent during the fourth quarter, easily topping economists' forecast for growth of... more »

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