Ryan Vlastelica, Reuters
NEW YORK — Wall Street’s holiday-shortened session ended with multiple records on Thursday, with the Dow topping 17,000 for the first time after the June jobs report came in much stronger than expected. Both the Dow and S&P 500 ended at their third consecutive record highs. The Nasdaq closed at its highest since 2000 and rose for a third straight week. The three major indexes wrapped up a week of solid gains. Regular trading ended at 1 p.m. on the day before the Independence Day holiday, when the U.S. stock market was closed. The U.S.
NEW YORK — Stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results. The two were the latest to post earnings that topped expectations, helping to lift the S&P 500 and the Nasdaq to their fourth straight daily advance. Tech bellwethers Google and IBM fell on disappointing figures and limited the broader market’s gain.
NEW YORK — Stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank’s commitment to keeping interest rates low and Yahoo rallied. Data showing Chinese economic growth exceeded expectations and U.S. industrial production rose for a second straight month also improved sentiment, though Bank of America and CSX Corp.
NEW YORK — U.S. stocks ended a volatile session higher on Tuesday, lifted by gains in such blue-chip names as Coca-Cola and Johnson & Johnson, though persistent weakness in momentum names limited the Nasdaq’s advance. Coke and J&J, both Dow components, climbed after their results while recent outperformers fell, a sign that investors were rotating from growth stocks into value ones. In recent weeks, high-growth stocks have been under pressure after a meteoric rise in their prices took valuations to levels that appeared unsustainable. The three major U.S.
NEW YORK — U.S. stocks rose for a third straight session on Tuesday, with the S&P 500 ending at a record close, after positive data on factory activity indicated economic growth was gaining traction following a harsh winter. Gains were broad, with areas of the market closely tied to the pace of economic growth among the day’s leaders. Consumer discretionary stocks rose 1.4 percent while technology shares were up 1.3 percent. Among other groups, the PHLX housing sector index rose 1.6 percent and the Nasdaq biotechnology index added 2.1 percent.
NEW YORK — Wall Street rose for a fourth straight session on Tuesday as Congress agreed to advance legislation extending U.S. borrowing authority and the Federal Reserve’s new chief held off from making any changes to its schedule for trimming stimulus. The gains were broad, with all 10 S&P 500 sectors up for the day and about 75 percent of New York Stock Exchange-traded stocks ending higher. About 67 percent of Nasdaq-listed shares closed in positive territory, while the S&P 500 ended just 1.6 percent away from its record closing high. Republican leaders in the U.S.
NEW YORK — Stocks ended with modest gains on Monday as investors digested recent market gains and looked ahead to new Federal Reserve Chair Janet Yellen’s first testimony before lawmakers. The Nasdaq was boosted by strength in large-cap tech and pharma names, but most market participants took a wait-and-see attitude ahead of the testimony, looking for confirmation that the Fed would not change its schedule for ending its support for the economy. The U.S.
NEW YORK — U.S. stocks rose on Wednesday, with the S&P 500 climbing to an all-time closing high after strong earnings from Bank of America and data signaled that the economy was improving. Bank of America Corp. climbed 2.3 percent to $17.15 and gave one of the biggest boosts to the S&P 500 after the second-largest U.S. bank said its quarterly profit surged by nearly $3 billion on an increase in revenue. The report came a day after both JPMorgan Chase & Co. and Wells Fargo & Co.