Articles written by Alex Veiga

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Stocks sink, bonds soar on fears virus will stunt economy

Stocks fell sharply again on Wall Street Tuesday, piling on losses a day after the market's biggest drop in two years as fears spread that the growing virus outbreak will put the brakes on the global economy. Nervous investors snapped up low-risk...

 

Stocks fall on Apple revenue warning; Dow drops 165

U.S. stock indexes closed with mostly modest losses Tuesday as the market gave up some of its solid gains from the past two weeks. Banks and technology stocks accounted for most of the decline. The Nasdaq eked out a tiny gain that was good enough to...

 

Technology companies, retailers lead U.S. stocks higher

Stocks closed broadly higher on Wall Street Monday, sending the S&P 500 and Nasdaq indexes to all-time highs. Technology stocks accounted for much of the rally, which added to the market's gains from last week. Retailers, restaurant chains and other...

 

Stocks post modest gains at end of a wobbly day of trading

Major U.S. stock indexes finished higher Thursday after a late burst of buying led by technology and financial companies reversed an early slide. News of a spike in the number of confirmed cases and fatalities from a virus outbreak in China put...

 

US stocks close lower amid jitters over virus outbreak

Banks led a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets, prompting investors to shift assets into bonds and defensive sector companies. The sell-off snapped a three-day winning streak by the S&P 500. The...

 

Stocks climb ahead of trade deal, sending S&P 500 to record

Technology companies led stocks to broad gains on Wall Street Monday, driving the S&P 500 and Nasdaq composite indexes to more record highs. Financial, communications services and industrial stocks also notched solid gains. Health care stocks were...

 

Oil prices surge, stocks fall after US kills Iranian general

Stocks fell broadly on Wall Street and oil prices surged Friday after a U.S. strike killed a top Iranian general in Iraq, raising tensions in the Middle East. The selling, which lost some momentum toward the end of the day, ended a five-week winning...

 

Stocks close out best year since 2013; S&P 500 soars 28.9%

Wall Street closed the books Tuesday on a blockbuster 2019 for stock investors, with the broader market delivering its best returns in six years. The S&P 500 finished with a gain of 28.9% for the year, or a total return of 31.5%, including...

 

US stocks mixed ahead of early close for Christmas

Major U.S. stock indexes wavered between small gains and losses Tuesday morning in muted trading ahead of an early close for the Christmas holiday. Industrial and health care stocks were the biggest decliners. Cintas lost 1.2% and Edwards...

 

Asian shares mixed as markets yawn at Trump's impeachment

Stocks were mixed in early trading in Asia on Friday after Wall Street posted more record highs, extending the market's gains for the week. Japan's Nikkei 225 index edged 0.2% lower to 23,809.33, while the Kospi in Seoul was almost unchanged, at...

 

Major US stock indexes hit record highs amid trade optimism

More encouraging signs that trade talks between the U.S. and China are on track kept investors in a buying mood Tuesday, nudging the major stock indexes to record highs for the second straight day. Retailers and other companies that rely on consumer...

 

US stocks close broadly lower on new US-China trade jitters

Stocks closed broadly lower on Wall Street Thursday after investors got spooked by a published report that cast doubt on the prospects of a long-term U.S-China trade deal. Bond prices surged, sending yields sharply lower, as traders turned cautious....

 

US stocks rebound on housing data, Trump trade deal remark

U.S. stocks finished broadly higher Wednesday after President Donald Trump indicated that a deal to resolve the long-running, costly trade dispute with China could happen soon. Trump's remarks, in addition to a sharp increase in sales of new U.S....

 

US stocks rally on optimism for a US-China trade war thaw

Stocks closed broadly higher on Wall Street Monday as investors found reason to be cautiously optimistic again about the potential for progress in the costly trade war between the U.S. and China. The gains reversed some of the major stock indexes'... Full story

 

US stocks tumble as US-China trade war rattles investors

The Dow Jones Industrial Average plunged more than 600 points Friday after the latest escalation in the trade war between the U.S. and China rattled investors. The broad sell-off sent the S&P 500 to its fourth straight weekly loss. Stocks tumbled...

 

US stocks end turbulent week with broad gains

You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August. And there could be plenty more where that came from. Two notoriously...

 

Dow slumps nearly 400 points as trade war anxiety lingers

Stocks fell sharply on Wall Street Monday, knocking nearly 400 points off the Dow Jones Industrial Average. The benchmark S&P 500 had its worst day in a week as the sell-off put the market deeper into the red for August. The selling was widespread,...

 

Dow Jones industrials cross 27,000 points for first time

A turbulent day on Wall Street ended in the record books Thursday as the Dow Jones Industrial Average climbed above 27,000 for the first time and the S&P 500 index hit another all-time high. The milestones came on a day when the S&P 500 briefly...

 

Dow jumps over 500 points amid hopes of Fed rate cut

The Dow Jones Industrial Average jumped more than 500 points Tuesday as investors welcomed signs that the Federal Reserve may cut interest rates to help buttress U.S. economic growth in the face of escalating trade wars. Optimism about a resolution...

 

US stocks end broadly higher on solid jobs report, earnings

A solid jobs report and company earnings spurred U.S. stocks broadly higher Friday, driving the S&P 500 to its second straight weekly gain. The Nasdaq composite hit an all-time high for the second time this week. The benchmark S&P 500 index closed...

 

Corporate America embraces 420 as pot legalization grows

LOS ANGELES (AP) — Marijuana users have for decades celebrated their love of the drug on April 20, but the once counter-culture celebration that was all about getting stoned now is so mainstream Corporate America is starting to embrace it. No,...

 

Run, bull, run. Longest bull market looks to keep going

Wall Street has rewarded its most patient investors handsomely over the past 10 years. Is there more to come? The S&P 500, the U.S. market's benchmark index, has gained about 309 percent since bottoming out at 676.53 points in March 2009 during...

 

Stocks jump after Fed indicates patience on rate increases

Stocks powered higher Wednesday after the Federal Reserve signaled it could hold off on interest rate increases in the coming months, citing muted inflation. The Fed's announcement allays one of the biggest concerns for investors: That the economy, a...

 

US stocks end dismal, volatile year on a bright note

Wall Street closed out a dismal, turbulent year for stocks on a bright note Monday, but still finished 2018 with the worst showing in a decade. After setting a series of records through the late summer and early fall, major U.S. indexes fell sharply...

 

Trade war, profits, marijuana: Markets saw it all in 2018

Wall Street started 2018 strong, buoyed by a growing economy and corporate profits. It isn't ending that way. U.S. stocks climbed to new highs early, shook off a sudden, steep drop by spring and rode a wave of tax cut-juiced corporate earnings...

 

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