Content Tagged As wall_street

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  • Stocks, bonds rally after Summers exits Fed race

    September 16, 2013 8:56 AM

    NEW YORK- Stocks and bonds are rising sharply in early trading after former Treasury Secretary Larry Summers withdrew from the race to become head of the Federal Reserve. Summers had been expected to move aggressively to rein in the Fed's huge economic stimulus program. The Dow Jones industrial average rose... more »
  • Stock market rises sharply, Syria strike on hold

    September 3, 2013 9:02 AM

    NEW YORK- The stock market is opening sharply higher on the first U.S. trading day since President Barack Obama announced that he would seek congressional approval for a military strike against Syria. The Dow Jones industrial average was up 99 points to 14,909 shortly after trading began Tuesday. The Standard... more »
  • Stocks edge higher in early trade; Microsoft jumps

    August 23, 2013 9:01 AM

    NEW YORK- Stocks are edging higher in early trading on Wall Street a day after pricing problems shut down the Nasdaq exchange for three hours. The Nasdaq composite was up 16 points, or 0.5 percent, at 3,655 shortly after the opening of trading Friday. Other indexes also rose, but not... more »
  • Stocks edge higher in early trading on Wall Street

    August 13, 2013 9:07 AM

    NEW YORK- Stocks are inching mostly higher in early trading on Wall Street after the government reported a pickup in retail sales last month. The Standard & Poor's 500 index was up two points, or 0.1 percent, at 1,691 shortly after the opening of trading Tuesday. The Dow Jones industrial... more »
  • Stocks slip after Japan's growth disappoints

    August 12, 2013 9:02 AM

    NEW YORK- Stocks are slipping in early trading on Wall Street after Japan's economic growth came in weaker than analysts had expected. The Dow Jones industrial average was down 25 points, or 0.2 percent, at 15,399 after the first few minutes of trading Monday. The Standard & Poor's 500 index... more »
  • Stocks inch higher; still on track for weekly loss

    August 9, 2013 9:01 AM

    NEW YORK- Stocks are edging higher in early trading on Wall Street, not enough to erase the market's loss for the week. The Dow Jones industrial average edged up four points, just 0.03 percent, to 15,502 shortly after the opening of trading Friday. The Standard & Poor's 500 index was... more »
  • Stock market opens higher on healthier China trade

    August 8, 2013 8:55 AM

    NEW YORK- The stock market is opening higher after a drop in jobless claims and new evidence that China's economy may be stabilizing. The Dow Jones industrial average rose 80 points, or 0.5 percent, to 15,551 shortly after the U.S. stock market opened Thursday. The Standard & Poor's 500 index... more »
  • Stocks slip in early trade; American Eagle drops

    August 6, 2013 8:58 AM

    NEW YORK- Stocks are slipping in early trading on Wall Street despite some positive news on the economy. The Dow Jones industrial average fell 70 points, or 0.4 percent, to 15,542 after the first few minutes of trading Tuesday. The Standard & Poor's 500 index fell three points, or 0.2... more »
  • Stocks ease in early trading on Wall Street

    August 5, 2013 9:10 AM

    NEW YORK- Stocks are edging lower in early trading on Wall Street. The Dow Jones industrial average was down 52 points, or 0.3 percent, at 15,605 points in early trading Monday. The Standard & Poor's 500 index was off four points, or 0.3 percent, at 1,704. The Nasdaq composite was... 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 »
  • US stocks open lower, dragged down by tech

    July 26, 2013 8:56 AM

    NEW YORK- Stocks are getting off to a weak start on Wall Street after more weakness in technology companies. The early decline Friday is putting the market on track for its first weekly loss this month. The Dow Jones industrial average fell 75 points, or 0.5 percent, to 15,481 in... more »
  • Stocks open mostly lower on Wall Street

    July 25, 2013 8:51 AM

    NEW YORK- Stocks are opening mostly lower on Wall Street after several companies reported disappointing earnings. Home builder PulteGroup plunged 9 percent to $16.89 after reporting a 14 percent plunge profits. Another major home builder, D.R. Horton, fell 7 percent to $19.62. Technology shares fared better than the rest of... more »
  • Apple leads an early advance in technology stocks

    July 24, 2013 8:57 AM

    NEW YORK- Apple is leading an early advance in technology stocks on Wall Street after beating analysts' estimates for earnings and revenue. Apple jumped 5 percent to $438 in the first few minutes of trading Wednesday. Apple shipped more iPhones in the latest quarter and said it was planning to... more »
  • Wall Street opens higher

    July 23, 2013 8:57 AM

    NEW YORK- The stock market is opening higher after DuPont Co. said it is exploring a sale of its performance chemicals unit and China pledged to maintain growth. The Dow Jones industrial average was up 51 points to 15,595, helped by a 4 percent gain in DuPont's stock in early... more »
  • Weak tech earnings pull down US stock market

    July 19, 2013 9:09 AM

    NEW YORK- Weak earnings from big technology companies sent the stock market lower in early trading. The tech sector led the declines Friday after disappointing quarterly results from Google, Microsoft and a loss from chipmaker Advanced Micro Devices. The Dow Jones industrial average was down 48 points to 15,500 shortly... more »
  • Earnings gains drive stocks higher in early trade

    July 18, 2013 8:57 AM

    NEW YORK- Solid earnings gains at major U.S. companies are driving stocks higher in early trading on Wall Street. The advance put the Dow Jones industrial average and the Standard & Poor's 500 index back into record territory. The Dow was up 73 points, or 0.5 percent, at 15,542 after... more »
  • Stocks edge lower on Wall Street; Coke sinks

    July 16, 2013 9:14 AM

    NEW YORK- Stocks are opening slightly lower on Wall Street as traders are mostly unimpressed with the latest batch of corporate earnings. Coca-Cola dropped 3 percent to $39.74, the worst drop in the Dow Jones industrial average, after reporting a slump in soda sales in North America. The Dow was... more »
  • Soft open on Wall Street; Citi leads banks higher

    July 15, 2013 9:09 AM

    NEW YORK- Stocks are slipping in early trading on Wall Street as the market comes off its best week since January. The Dow Jones industrial average was down six points at 15,457 after the first few minutes of trading Monday. The Standard & Poor's 500 index was off two points... 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 jump after Fed keeps stimulus in place

    July 11, 2013 8:56 AM

    NEW YORK- The stock market is rising to record highs after Federal Reserve Chairman Ben Bernanke said the central bank would continue to support the U.S. economy. The Dow Jones industrial average was up 151 points, or 1 percent, to 15,443 after the first few minutes of trading Thursday. The... more »
  • Mixed open on Wall Street ahead of Fed minutes

    July 10, 2013 9:03 AM

    NEW YORK- Stocks are little changed in early trading on Wall Street as investors look ahead to the release of minutes from the latest policy meeting of the Federal Reserve. The Dow Jones industrial average was up 15 points, or 0.1 percent, at 15,315 after the first few minutes of... 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 »
  • US stocks rise, extending last week's gains

    July 8, 2013 8:54 AM

    NEW YORK- The stock market is up in early trading as it builds on gains from last week's encouraging jobs report. The Dow Jones industrial average was up 76 points at 15,212 shortly after the market opened. The Standard & Poor's 500 climbed seven points to 1,639. The Nasdaq was... more »
  • Stock market rises after strong US jobs report

    July 5, 2013 8:53 AM

    NEW YORK- Robust hiring in the U.S. is boosting the stock market in early trading. The government says employers added 195,000 jobs in June. Economists had predicted a gain of 165,000. The unemployment rate remained at 7.6 percent. The Dow Jones industrial average was up 76 points, or 0.5 percent,... more »
  • Stocks slip in early trade after three-day surge

    June 28, 2013 8:59 AM

    NEW YORK- U.S. stocks are getting off to a slow start after a three-day rally. The Dow Jones industrial average was down 49 points, or 0.4 percent, at 14,973 in the first few minutes of trading Friday. The Standard & Poor's 500 index was down three points, or 0.2 percent,... more »
  • US stocks higher on strong jobs, spending news

    June 27, 2013 9:10 AM

    NEW YORK- Better news on jobs and consumer spending are pushing stocks higher in early trading. The Dow Jones industrial average was up 112 points, or 0.8 percent, at 15,022 after the first few minutes of trading Thursday. The Standard & Poor's 500 index was up 10 points, or 0.7... more »
  • Stock market opens higher, extending gains

    June 26, 2013 9:02 AM

    NEW YORK- U.S. stocks are rising in early trading, extending gains from the day before. The Dow Jones industrial average was up 134 points, or 0.9 percent, 10 minutes after the market opened Wednesday. The Dow jumped 100 points in the previous session following good news about the economy. The... more »
  • Stocks bounce higher in early trade on Wall Street

    June 25, 2013 8:55 AM

    NEW YORK- Encouraging reports on home prices and orders for manufactured goods are sending stock prices higher in early trading on Wall Street. Homebuilder stocks rose sharply after home prices rose sharply in April and Lennar reported better earnings than the market was expecting. The Dow Jones industrial average was... more »
  • US stocks open higher after a two-day plunge

    June 21, 2013 8:56 AM

    The U.S. stock market is opening higher as traders regroup following the biggest drop of the year. The Dow Jones industrial average was up 65 points, or 0.4 percent, to 14,824 in the first few minutes of trading Friday. The Dow plunged 560 points Wednesday through Thursday after the Federal... more »
  • Stocks edge lower as investors wait for the Fed

    June 19, 2013 8:52 AM

    NEW YORK- Stocks are edging lower in early trading on Wall Street as investors hold back ahead of a policy announcement from the Federal Reserve. The Dow Jones industrial average was down 17 points, or 0.1 percent, at 15,301 in the first few minutes of trading Wednesday. The Standard &... more »
  • US stocks little changed at end of a volatile week

    June 14, 2013 9:00 AM

    NEW YORK- Stocks are little changed in the early going on Wall Street as trading quieted down at the end of a turbulent week. The Dow Jones industrial average edged down a point to 15,175 in the first few minutes of trading Friday. The Dow had surged 180 points the... more »
  • US stocks edge lower as Japanese market slumps

    June 13, 2013 8:58 AM

    NEW YORK- Stocks are edging lower in early trading on Wall Street after the Japanese market took another plunge. The Dow Jones industrial average fell 18 points, or 0.1 percent, to 14,975 in the first few minutes of trading Thursday. The Standard & Poor's 500 index fell a point, or... more »
  • Stock indexes open higher on Wall Street

    June 12, 2013 9:08 AM

    NEW YORK- The stock market is getting off to a strong start after two days of losses. Markets have become more volatile in the past two weeks as global central banks prepare to ease back on their economic stimulus policies. The Dow Jones industrial average was up 57 points at... 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 move higher in early trading on Wall Street

    June 4, 2013 9:01 AM

    NEW YORK- Stocks are opening higher on Wall Street after encouraging news about home prices and trade. The Dow Jones industrial average was up 26 points at 15,280 shortly after the opening bell Tuesday, a gain of 0.2 percent. The Standard & Poor's 500 index was up three points at... 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 open sharply higher on Wall Street

    May 28, 2013 8:56 AM

    NEW YORK- A jump in home prices is helping send the stock market sharply higher in early trading. The Dow Jones industrial average rose 143 points to 15,447 shortly after the opening bell Tuesday, a gain of 1 percent. The Standard & Poor's 500 index was up 17 points at... more »
  • Stock slump continues on Wall Street

    May 23, 2013 8:57 AM

    NEW YORK- A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program. The Dow Jones industrial average fell 112 points to 15,191 in early trading Thursday, or 0.7 percent. The Standard & Poor's 500... more »
  • Indexes edge higher on Wall Street in early trade

    May 21, 2013 8:54 AM

    NEW YORK- Stock indexes are edging higher in early trading on Wall Street as investors look ahead to the Federal Reserve's next moves. The Dow Jones industrial average was up 54 points at 15,390 shortly after the opening bell Tuesday, a gain of 0.4 percent. The Standard & Poor's 500... 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 »
  • Weak open on Wall Street; Wal-Mart disappoints

    May 16, 2013 9:04 AM

    NEW YORK- Stocks are opening slightly lower on Wall Street a day after the market hit its latest record high. Wal-Mart led the Dow Jones industrial average lower after the giant retailer blamed higher payroll taxes, bad weather and delayed tax refunds for a sales slump that disappointed investors. Cisco... more »
  • Stock prices ease as manufacturing softens

    May 15, 2013 9:12 AM

    NEW YORK- A report of slowing manufacturing in the Northeastern U.S. is getting the stock market off to weak start. Traders were also disappointed by news that Europe's economic slump continued, dragging France into a recession. The Dow Jones industrial average was down 30 points at 15,186 shortly after the... more »
  • Stocks edge higher in early trading on Wall Street

    May 14, 2013 9:03 AM

    NEW YORK- Stock indexes are moving higher in early trading on Wall Street as a record-breaking advance on the stock market got moving again. The Dow Jones industrial average was up 26 points at 15,117 shortly after the opening bell Tuesday, a gain of 0.2 percent. The broader Standard and... 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 edge higher in early trade on Wall Street

    May 7, 2013 9:00 AM

    NEW YORK- Stocks are edging higher in early trading on Wall Street, putting the Dow Jones industrial average back above 15,000. The Dow was up 42 points at 15,011 shortly after the opening bell Tuesday, an increase of 0.3 percent. The Dow first crossed above 15,000 on Friday after the... more »
  • Stocks edge lower; Pfizer weighs down the Dow

    April 30, 2013 8:58 AM

    NEW YORK- Stock prices are opening mostly lower on Wall Street as weak earnings from Pfizer and other companies drag down major market averages. The Dow Jones industrial average fell 48 points to 14,770 shortly after the opening bell Tuesday, a loss of 0.4 percent. Pfizer was among the biggest... 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 »
  • Solid earnings drive stocks higher on Wall Street

    April 23, 2013 9:04 AM

    NEW YORK- Strong earnings from a range of U.S. companies are driving stock prices higher in the early going on Wall Street. Coach, Travelers and Lockheed Martin were among the winners shortly after the opening bell after the companies reported better results than analysts were expecting. The Dow Jones industrial... 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 »
  • Dow trading at new record high

    March 5, 2013 10:34 AM

    NEW YORK- With a jump of more than 100 points in early trading, the Dow Jones Industrial Average has moved into territory it's never seen before. The jump to an all-time high for the blue-chip average was powered in part by China's strong economic growth targets, and by a jump... 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 »
  • Stocks slide following Dow's rally to 14,000

    February 4, 2013 11:00 AM

    Stocks are falling on Wall Street after the Dow Jones industrial average hit its highest level since the financial crisis last week. The Dow was off 118 points at 13,891 shortly before noon Eastern time. Travelers and Merck fell the most of the 30 stocks in the index. The Standard... more »
  • Dow edges lower, still headed for stellar January

    January 31, 2013 11:05 AM

    NEW YORK- The Dow drifted lower Thursday, but stayed on track for its best start to the year in more than two decades. The Dow Jones industrial average fell 23 points to 13,887 as of 11:51 a.m. The index has gained 6 percent so far this month, putting it in... more »
  • Stocks edge lower after economy report

    January 30, 2013 10:58 AM

    NEW YORK (AP) - Stocks are little changed after a report that showed the U.S. economy unexpectedly contracted in the fourth quarter, putting the brakes on a January rally that has lifted stocks toward record levels. The Dow Jones industrial average is down 2 points to 13,952 as of midday... more »
  • Stocks edge higher, pushing Dow toward 14,000

    January 29, 2013 10:52 AM

    NEW YORK- Stocks edged higher on Wall Street, pushing the Dow toward 14,000, as investors digested the latest round of earnings and economic reports. The Dow Jones industrial average rose 57 points to 13,939 points. The Standard and Poor's 500 rose 4 points to 1,505 points. The Nasdaq composite dropped... more »
  • Stocks surge after last-minute budget deal reached

    January 2, 2013 12:09 PM

    NEW YORK - Stocks are sharply higher on Wall Street after lawmakers reached a last-minute budget agreement to avert sweeping tax increases and cuts to government spending programs. The Dow is off its highs of the day, but remained up more than 200 points in early afternoon trading. The Dow... 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 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 »
  • Wall Street still dark, exchanges test systems

    October 30, 2012 10:24 AM

    NEW YORK - With lower Manhattan still largely without power Tuesday, U.S. stock exchanges tested contingency plans to ensure trading resumes as soon as possible this week after Hurricane Sandy smashed into the East Coast and shut down operations. U.S. markets will be closed for a second day, but... more »
  • Stocks fall on weak construction, factory reports

    September 4, 2012 10:59 AM

    NEW YORK- Stocks are falling on Wall Street following reports that construction spending and manufacturing have weakened in the U.S. The Dow Jones industrial average was down 86 points at 13,004 shortly before midday Tuesday. The broader S&P 500 index fell seven points to 1,399 and the Nasdaq composite fell... more »
  • Facebook stock near half of public offering value

    August 17, 2012 11:01 AM

    NEW YORK- Facebook's stock has come a penny short of hitting $19 for the first time, meaning it has nearly lost half of its market value since its public offering in May. It hit $19.01 on Friday, a day after the expiration of a lock-up period that has provided some... more »
  • Stock market is ending the week on a sour note

    August 10, 2012 10:58 AM

    NEW YORK- After months of worrying about Europe, now investors are getting concerned about Asia too. U.S. stocks are trading lower at midday Friday, after unsettling reports that China's economy is slowing. The Dow Jones industrial average is down 15 points to 13,150. The Standard & Poor's 500 is down... more »
  • Stocks waver, with hard-to-read signs on economy

    August 9, 2012 11:29 AM

    NEW YORK- U.S. stocks are dawdling between small gains and losses as investors are unable to decide what to focus on: encouraging news about the U.S. economy, or worrisome signs from China and elsewhere. At midday Thursday, the Dow Jones industrial average is down 44 points at 13,128. The Standard... more »
  • US stocks waver ahead of Fed meeting

    August 1, 2012 11:05 AM

    NEW YORK- U.S. stocks are wavering at midday, pulled between disparate signs about the economy and company earnings. The moves are small, with two of the major indexes rising slightly and one inching down. The Dow Jones industrial average is up 37 points to 13,045. The Standard & Poor's 500... more »
  • US stocks falling for 3rd day on lower earnings

    July 24, 2012 11:00 AM

    NEW YORK- Stocks are sliding following weak earnings from United Parcel Service and other major U.S. companies. The market was headed for its third loss in a row. The Dow Jones industrial average dropped 119 points to 12,603 at midday Tuesday. The Standard & Poor's 500 fell 12 points to... more »
  • Stocks waver after Bernanke says economy is weak

    July 17, 2012 11:05 AM

    NEW YORK- The stock market wavered after Federal Reserve Chairman Ben Bernanke gave a grim assessment of the economy. Stronger earnings reports from Mattel, Coca-Cola and other big companies pushed those stocks higher Tuesday. Bernanke said weak economic growth likely means the unemployment rate will be slow to drop. But... more »
  • JPMorgan leads Dow Jones average to a big gain

    July 13, 2012 11:03 AM

    NEW YORK- Big banks are leading stocks sharply higher on Wall Street. Strong earnings from JPMorgan sent its stock up 5 percent, the biggest gain in the Dow Jones industrial average. The Dow jumped 184 points to 12,757 shortly before noon Eastern. The Dow is coming off a six-day slump,... more »
  • A weak open on Wall Street as Italy's rates soar

    June 13, 2012 11:05 AM

    NEW YORK- U.S stocks are struggling for direction, with the debt maelstrom in Europe as an ominous backdrop. Major stock indexes opened lower, then edged higher but just for a short time. Shortly before noon Wednesday, the Dow Jones industrial average and the Standard & Poor's 500 were down, while... more »
  • Better news on wholesalers sends stocks higher

    June 8, 2012 11:13 AM

    Stocks are higher at midday after the government said businesses are restocking their shelves at a faster pace than analysts had expected. The Dow Jones industrial average is up 19 points at 12,480. The Standard & Poor's 500 index is up almost two points to 1,317, and the Nasdaq composite... more »
  • Facebook stock slips even as broader market gains

    June 7, 2012 10:52 AM

    NEW YORK- Facebook's deflated stock is inching lower once again even as the broader market is advancing. The stock fell 40 cents, or 1.5 percent, to $26.41 in late morning trading Thursday. It's down 30 percent from its initial public offering price of $38. Facebook's stock began trading publicly on... more »
  • Dow leaps, is on track for a second day of gains

    June 6, 2012 11:15 AM

    NEW YORK- A 200-point charge turned the Dow Jones industrial average positive for the year following a dismal stretch in May. The Dow is up 208 points at 12,337 shortly before noon. All 30 Dow stocks were higher, led by Bank of America, up 7 percent. The last time the... more »
  • US stocks waver as emergency call on Europe starts

    June 5, 2012 11:02 AM

    NEW YORK- U.S. stocks are struggling for direction. The Institute for Supply Management reported that U.S. service companies, which employ roughly 90 percent of the work force, grew at a slightly faster pace in May, temporarily propping up major stock indexes. Worries about Europe are not far from anyone's mind.... more »
  • US stocks inch lower, calm returns to market

    June 4, 2012 11:03 AM

    NEW YORK - U.S. stocks are trading modestly lower at midday as calm returns to the market after a spasm of fearful selling last week. The Dow Jones industrial average opened at its lowest level since December Monday after a 275-point sell-off on Friday caused by grim economic signals, especially... more »
  • Dow, S&P 500 slump on weak economic reports

    May 31, 2012 10:57 AM

    NEW YORK- U.S. stocks are falling at midday, promising another nerve-wracking day for investors who just endured one of the worst losses of the year. The Dow Jones industrial average is down 59 points to 12,360, after losing as much as 104 points earlier. The Dow plunged 161 the day... more »
  • Facebook stock climbs, still down from IPO

    May 30, 2012 1:09 PM

    NEW YORK - Facebook's stock is getting some relief, inching higher following a steep decline in the wake of its initial public offering. Shares of Facebook Inc. are up 43 cents to $29.27 in morning trading on Wednesday. That's still down about 23 percent from its IPO price of $38.... more »
  • US stocks plummet as outlook in Europe dims

    May 30, 2012 12:10 PM

    NEW YORK- U.S. stocks are opening sharply lower as concerns about the stability of Europe's financial system return to the fore. The European Union's government said early Wednesday that confidence across that continent fell sharply this month. Traders sold bonds issued by debt-saddled European governments, pushing those nations' borrowing costs... more »
  • Facebook's stock falls below $30 for first time

    May 29, 2012 11:10 AM

    NEW YORK- Facebook's stock has fallen below $30 for the first time. The stock fell $2.01, or 6.3 percent, to $29.90 in midday trading Tuesday. That's down 21 percent since its much-awaited public stock debut this month. It went as low as $29.65. Facebook Inc. began trading publicly on May... more »
  • Markets are mixed ahead of long holiday weekend

    May 25, 2012 11:11 AM

    NEW YORK- Stocks are drifting between small gains and losses in midday trading as investors focused on Europe's debt situation. The 17 countries that use the euro are struggling over what to do if Greece leaves the union, and how much they should do to try to prevent that. Trading... more »
  • H-P leads Dow average; indexes waver

    May 24, 2012 10:59 AM

    NEW YORK- Stocks are flipping between slight gains and losses in midday trading. Hewlett-Packard jumped 4 percent, leading the Dow Jones industrial average Thursday. The personal computer maker plans to purge 27,000 employees, nearly 8 percent of the company's payroll. H-P expects the layoffs, part of a turnaround program under... more »
  • US stocks open lower as European leaders meet

    May 23, 2012 11:05 AM

    NEW YORK- Markets are swooning in Europe and the U.S. as investors become increasingly skeptical that European leaders will succeed at jump-starting the region's economy and preventing a messy exit from the euro by Greece. The Dow Jones industrial average was down 164 points at 12,339 shortly before midday Wednesday.... more »
  • Stocks turn higher after housing report

    May 22, 2012 11:02 AM

    NEW YORK- An encouraging report on the housing market is pushing most stocks higher, while Facebook takes another fall. The Dow Jones industrial average is up 48 points to 12,552 shortly before noon. Stock indexes traded flat until the National Association of Realtors said Americans bought more previously owned houses... more »
  • Stocks gain on Wall Street; Facebook falls

    May 21, 2012 11:03 AM

    NEW YORK- U.S. stocks are rising, shaking off their worst weekly performance since November, as investors latched on to a relatively optimistic report from economists. The Dow Jones industrial average is up 78 points to 12,448 after six days of losses. If it finishes the day with a gain, it... more »
  • US stocks edge lower on Europe worries

    May 18, 2012 11:01 AM

    It looks like it will take more than Facebook's initial public offering to push stocks into positive territory. Facebook shares were trading at $40 a few minutes after starting trading, $2 higher than their offering price. In midday trading Friday, the Dow Jones industrial average was down 32 points at... more »
  • Stocks lower as Europe overshadows jobs data

    May 17, 2012 11:05 AM

    NEW YORK- Stocks are slipping as unease about Europe overshadows an encouraging report on unemployment claims and good results from big retailers including Wal-Mart Stores. The Dow Jones industrial average was down 65 points at 12,533 just before noon Thursday. The Standard & Poor's 500 index fell nine points to... more »
  • Stocks inch higher but worries about Europe linger

    May 16, 2012 11:10 AM

    NEW YORK- Hopes that the U.S. housing market is starting to recover sent stocks edging higher on Wall Street. The market's gains are being held back by continuing worries that Greece's political deadlock could fracture the European Union and roil global markets. The Dow Jones industrial average rose 20 points... more »
  • US stocks waver; euro dives on Greece turmoil

    May 15, 2012 11:22 AM

    NEW YORK- U.S. stocks are modestly higher at midday as conflicting news about the economy and a Greek political stalemate bat the indexes between small gains and losses. The euro and European stocks plunged as trading in New York began Tuesday after efforts to form a government in Greece collapsed.... more »
  • Stocks, euro drop as deadlock continues in Greece

    May 14, 2012 11:00 AM

    NEW YORK- U.S. stocks are falling as a political stalemate in Greece rattles financial markets worldwide. The price of oil and Treasury yields hit their lowest levels of the year in midday trading Monday. The euro sank to a three-month low against the dollar. The Dow Jones industrial average is... more »
  • US stocks drop sharply as Europe woes deepen

    May 14, 2012 8:09 AM

    NEW YORK - U.S. stocks opened sharply lower as Europe wrestles with what to do next about the financial crises in Greece. Minutes after the opening bell Monday, the Dow Jones industrial average is down 107 points to 12,712. The Standard & Poor's 500 index dropped 13 points to 1,340.... more »

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