Angela Moon, Reuters
NEW YORK — World equity markets fell on Tuesday while the dollar reached eight-month highs against the euro on expectations of positive U.S. economic data and a more hawkish tone from the Federal Reserve. Wall Street closed lower, sending the all World benchmark down 0.2 percent after a weak outlook from U.S. package shipper United Parcel Service Inc. weighed on investor sentiment and pressured transportation stocks. Equity investors also showed reluctance to make bold moves ahead of U.S.
NEW YORK — U.S. stocks sank on Thursday, with the S&P 500 posting its biggest one-day percentage drop since April 10 on news that a Malaysian Airlines passenger jet crashed near the Ukraine-Russia border. Investors sold stocks in a move to avoid risk and poured money into safe-haven investments like gold and U.S. government bonds as the crash stoked concerns that the conflict in Ukraine might widen after U.S. sanctions against Russia were announced late Wednesday. The United States said the Malaysian Airlines Boeing 777 was “blown out of the sky,” probably by a ground-launched missile.
NEW YORK — U.S. stocks rose on Wednesday, with the Dow Jones industrial average closing at a record high, boosted by the latest merger news and some strong corporate earnings. Time Warner Inc. shares jumped 17.1 percent to $83.13 and ranked as the S&P 500’s best performer after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down. Twenty-First Century Fox shares fell 6.2 percent to $33.00. An index of semiconductors shot up 1.1 percent and hit an intraday high of 652.28, its highest since August 2001.
NEW YORK — Stocks ended higher on Monday, with the Dow Jones industrial average hitting an intraday record, lifted by Citigroup’s better-than-expected earnings and more deals in the healthcare space. Monday’s flurry of mergers and acquisitions activity in the healthcare sector gave investors some confirmation that the U.S. stock market is still attractive. Shire Plc, which develops and sells drugs to treat rare diseases, succumbed to an increased takeover offer of 31 billion pounds ($53 billion) from AbbVie Inc.
NEW YORK — U.S. stocks dropped on Thursday as concerns about the financial health of Portugal’s top listed bank gave investors a reason to cash in recent gains. With the Dow and the S&P 500 near record highs, the slide in Europe triggered by financial shares quickly translated into broad selling on Wall Street.
NEW YORK — Stocks finished higher on Wednesday, rebounding from a sharp two-day selloff, after minutes from the last Federal Reserve meeting showed policymakers have started to detail how the central bank will end its easy monetary policy. The Fed indicated it will end its bond purchases in October and appeared near agreement on a plan to manage interest rates in the future, according to the minutes. “The market, after digesting the Fed minutes, came to the conclusion that the bond-buying program ending in October is a sign of economic strength,” said Peter Cardillo, chief market economist a
NEW YORK — The Dow and the S&P 500 closed at record highs on Tuesday as manufacturing activity picked up in the United States and Asia and increased optimism about the global economy’s health. The blue-chip Dow Jones industrial average came close to the 17,000 milestone in early afternoon trading, rising slightly over 1 percent to 16,998.70. The rally — led by IBM, up 2.8 percent at $186.35, and Visa Inc., up 1.7 percent at $214.25 — marked the first trading day of both the third quarter and the second half of 2014. The U.S.
NEW YORK — The S&P 500 and the Nasdaq Composite indexes wrapped up a sixth straight quarter of gains on Monday, a streak not seen in more than 14 years. The three major U.S. stock indexes, however, closed little changed for the day, following a set of mixed economic data. After the S&P 500’s 30 percent gain last year, many investors had expected a halt to an equity bull market that is now in its fifth year. But the Nasdaq has now recorded its longest streak of quarterly gains since 2000. For the S&P 500, this is the best run of quarterly gains since 1998.
NEW YORK — U.S. stocks edged up on Friday, boosted by bullish news from the tech sector, but major indexes fell for the week as unrest in Iraq kept investors on edge. Intel Corp.
NEW YORK — U.S. stocks fell on Thursday as concerns escalated about Iraq and after disappointing economic data on retail sales and jobless claims. The three major U.S. stock indexes ended off their session lows.