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US stocks slip on European economy

US stocks slipped on Tuesday as fresh concerns over the health of the European economy weighed on last week’s optimism as traders return from a long holiday weekend. The Dow Jones Industrial Average was down 46.81 points (0.50 percent) to 10,401.12 in opening trade, while the broader S&P 500 index shed 6.76 points (0.64 percent) [...]

Wall Street mostly flat

Wall Street trade opened mostly flat on Thursday as better-than-expected jobless data helped sustain the previous day’s boom caused by strong manufacturing data. The Dow Jones Industrial Average edged up 4.39 points (0.04 per cent) to 10,273.86 in opening trades, while the broader S&P 500 index gained 1.29 points (0.12 per cent) to 1,081.28 points. [...]

shares weighed on the Nasdaq Composite index on Monday

Falling technology shares weighed on the Nasdaq Composite index on Monday and offset gains by utilities, healthcare and other defensive sectors. The Dow and the broad S&P 500 index were little changed. But shortly after the open the indexes rose nearly 1 percent as acquisition deals lifted sentiment. However, a possible bidding war over data [...]

Economy worries bearish options

US stocks fell on Friday as renewed fears about the economy and bearish action in expiring August options kept investors away. Natural resource stocks such as Exxon Mobil Corp and Freeport McMoRan Copper & Gold came under pressure as US crude oil and copper futures fell. Exxon Mobil, the largest stock in the S&P 500, [...]

Wall Street tumbles

US stocks slumped at the open on Wednesday after weaker manufacturing data from China and a gloomier growth outlook from the Federal Reserve underscored a lackluster global economic recovery. The Dow Jones industrial average lost 170.15 points, or 1.60 per cent, to 10,474.10. The Standard & Poor’s 500 Index shed 17.37 points, or 1.55 per [...]

US stocks slump

US stock market slumped at the start of Tuesday’s session as traders tensely awaited the outcome of a key Federal Reserve meeting on new steps to revive the American economy. The Dow Jones Industrial Average declined 83.3 points (0.78 percent) to 10,541.33 in opening trades. The tech-rich Nasdaq composite index was down 23.48 points (1.02 [...]

Wall St advances on data

Slightly better-than-expected jobs and services data buoyed US stocks on Wednesday, with Priceline.com’s upbeat outlook lending support. Priceline.com Inc soared 22 per cent to $281.33 after several brokers raised price estimates for the online travel agency’s stock, based on its stronger-than-expected quarterly results. Priceline was the top performer in both the S&P 500 and the [...]

US stocks slide on weak

US stock markets slid in early trade on Tuesday, paring back solid gains from the day before as data showed a slight dip in US consumer spending. The Dow Jones Industrial Average fell 22.25 points (0.21 percent) to 10,653.56 in opening trades, after earning more than 200 points on Monday. The tech-rich Nasdaq composite index [...]

Dow ends 4-day win streak

Investors cashed in some of their recent gains Wednesday after the Federal Reserve gave them more confirmation that the economic recovery is slowing. The Dow Jones industrial average fell almost 40 points after the Fed released its regional survey of the economy, a report known as the “beige book.” The Fed said economic growth has [...]

US stocks climb on earnings,

US stocks are climbing after a new batch of upbeat earnings and a modest drop in jobless claims renewed some optimism about the economy. Southwest Airlines, Exxon Mobil and Avon Products all topped forecasts. Strong earnings worldwide is giving European markets a lift as well. A drop in initial jobless claims also boosted hopes for [...]