Friday, December 30, 2016 Wall Street was flat after the open on the last trading day of 2016 due to losses across most sectors, but was still on track to record hefty gains for the year. The S&P is on track to rise nearly 10 percent this year, the Nasdaq 8.3 percent and the Dow…
Wed Dec 28, 2016 | 11:25am EST * Dollar up 0.4 pct; set for best day in nearly 2 weeks * Boeing falls after Delta cancels order * Microsoft, Facebook drag down Nasdaq * Indexes down: Dow 0.09 pct, S&P 0.34 pct, Nasdaq 0.44 pct (Adds details, comments, updates prices) By Yashaswini Swamynathan Dec 28…
Stocks rose on Tuesday, led by financials, as investors remained unfazed by geopolitical tensions, while the Dow Jones industrial average kept marching toward 20,000. At session highs, the blue-chips index came within 13 points of hitting the milestone mark, before closing 90 points higher, after hitting a new intraday high, with Goldman Sachs contributing the…
Wednesday, 7 Dec 2016 | 4:33 PM ET BofA: Risk/reward more important than absolute targets Wednesday, 7 Dec 2016 | 12:31 PM ET | 04:05 U.S. equities closed sharply higher on Wednesday as the Dow and S&P hit new record highs, while investors awaited a monetary policy announcement from the European Central Bank. The S&P 500…
Mon Dec 5, 2016 | 9:02am EST By Yashaswini Swamynathan The Dow was poised to open at an all-time high on Monday, as oil prices topped $55 a barrel for the first time in 16 months, and investors shrugged off the defeat of a referendum in Italy for constitutional reforms. Futures lost ground slightly on…
December 1, 2016 4pm EST U.S. equities closed mostly lower on Thursday as declines in tech offset a rally in financial stocks, while investors digested economic data and rising oil prices. The Dow Jones industrial average rose about 70 points, with Goldman Sachs contributing the most gains. The S&P 500 fell about 0.4 percent, with…
November 28, 2016 1pm U.S. equities rose on Tuesday as investors kept an eye on falling oil prices ahead of a key OPEC meeting, while digesting economic data. The Dow Jones industrial average traded about 30 points higher, with UnitedHealth Group contributing the most gains. The S&P 500 traded 0.2 percent higher, with health care…
* Time Inc jumps after report of company rejecting takeover bid * Amazon weighs the most on the S&P, Nasdaq * Oil prices fluctuate on uncertainty regarding OPEC deal * Indexes down: Dow 0.15 pct, S&P 0.22 pct, Nasdaq 0.21 pct (Updates to early afternoon) By Tanya Agrawal and Anya George Tharakan November 28, 2016 11am…
Fri Nov 25, 2016 | 11:35am EST * Wal-Mart leads retailers higher; department stores lag * Online spending on Black Friday to surge 11 pct-Adobe data * Energy stocks drop along with oil prices * Indexes up: Dow 0.27 pct, S&P 0.24 pct, Nasdaq 0.21 pct (Adds details, comments, updates prices) By Yashaswini Swamynathan Nov…
Tue Nov 22, 2016 | 4:32pm EST By Sam Forgione | NEW YORK Wall Street’s three main stock indexes ended at record highs for a second straight day on Tuesday, while European shares also rose on expectations that markets would benefit from U.S. President-elect Donald Trump’s policies. Moderate gains led the Dow to close above…