Articles written by Marley Jay
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Dow sinks another 464 points as slowdown fears worsen
NEW YORK (AP) — Stocks went into another slide Thursday in what is shaping up as the worst December on Wall Street since the depths of the Great Depression, with prices dragged down by rising fears of a recession somewhere on the horizon. The Dow J...
A decade-long rally on Wall Street looks like it's ending
NEW YORK (AP) — After almost 10 years, Wall Street's rally looks like it's ending. Another day of big losses Friday left the U.S. market with its worst week in more than seven years. All of the major indexes have lost 16 to 26 percent from their h...
Stocks skid to 15-month low after Fed raises rates again
NEW YORK (AP) — Stocks gave up a big rally and took a dive in afternoon trading Wednesday after the Federal Reserve raised interest rates again and signaled it's likely to keep raising them next year. The market finished at its lowest level since S...
US stock indexes edge higher a day after a big gain
NEW YORK (AP) — Stocks wobbled Tuesday as large high-dividend stocks rose and smaller companies sank. Major indexes were coming off big gains the day before. Big health care companies including Johnson & Johnson rallied, as did telecommunications and...
Tech giants plunge again, pushing market into red for year
NEW YORK (AP) — Stocks dropped again Tuesday as losses mounted for the world's largest technology companies. Retailers also fell, and energy companies plunged with oil prices as the market sank back into the red for the year. Oil prices tumbled a...
Stocks skid as tech companies fall; oil plunge continues
NEW YORK (AP) — U.S. stocks fell Friday as a combination of weak economic data from China and disappointing earnings hurt technology and internet companies. Crude oil prices fell for the 10th day in a row. Auto sales in China fell in October for the...
Tech and health care lead US stock surge after midterms
NEW YORK (AP) — Stocks rallied Wednesday as investors were relieved to see that the U.S. midterm elections went largely as they expected they would. Big-name technology and consumer and health care companies soared as the S&P 500 index closed at its...
US stocks rally again, but finish October with steep losses
NEW YORK (AP) — Stocks climbed for the second day in a row Wednesday at the end of a brutal month for the global market. Investors applauded strong quarterly results from companies including Facebook and General Motors, but U.S. stocks still f...
Stocks rally on earnings a day after ending at 5-month lows
NEW YORK (AP) — U.S. stocks climbed Tuesday after solid earnings reports from several big companies. Stocks had closed at five-month lows the day before, and groups of companies that struggled badly made big gains. Many of the best-performing s...
Buckle up: Wall Street volatility is back with a vengeance
NEW YORK (AP) — If you're an investor who was lulled to sleep by the stock market's calm, steady gains this summer, you're wide awake by now. Stocks have swooned over the last three weeks as investors worried about a sea of troubles, including r...
US stocks wobble at the end of another shaky week of trading
NEW YORK (AP) — U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued to sell former favorites like retailers. Household goods makers rose again as a week of choppy trading concluded. Stocks surged i...
Stocks surge, recovering some recent losses; Dow climbs 547
NEW YORK (AP) — U.S. stocks rocketed to their biggest gain in six months Tuesday following strong earnings from major financial and health care companies as well as encouraging reports on the economy. The Dow Jones Industrial Average jumped 547 p...
Stocks fade and finish lower as tech companies fall again
NEW YORK (AP) — After a wobbly day of trading, U.S. stocks fell for the seventh time in eight days Monday as technology companies continued to slide. Industrial and high-dividend companies rose, and the market's losses were limited relative to the s...
Stocks plunge again; Dow's two-day loss reaches 1,300 points
NEW YORK (AP) — U.S. stocks sank more than 2 percent Thursday, the second day of steep declines around the globe driven by concerns about rising interest rates and trade tensions that could slow economic growth. The Dow Jones Industrial Average f...
Tech stock rally helps snap losing streak as rough week ends
NEW YORK (AP) — Stocks rebounded Friday, clawing back some of the week's steep losses, but the turbulent trading of the last few days left no doubt that the relative calm the markets enjoyed all summer had been shattered. Major U.S. indexes ended t...
Strong economic signs lift US stocks; bond prices drop
NEW YORK (AP) — Encouraging reports on hiring and growth in the service sector sent small companies and banks higher Wednesday and knocked bond prices into a tailspin. The yield on the benchmark 10-year Treasury note spiked to its highest level in mo...
Retailers sink as Amazon raises hourly pay; Dow at a record
NEW YORK (AP) — Retailers sank Tuesday after Amazon said it will raise hourly wages for U.S. employees, and smaller companies continued to stumble. Several big industrial companies rose, pushing the Dow Jones Industrial Average to a record high. A...
It's high times for soaring marijuana stocks on Wall Street
NEW YORK (AP) — Reefer Madness has gripped Wall Street. Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. Some experts are concerned t...
Technology and energy companies help send US stocks higher
NEW YORK (AP) — U.S. stocks rallied Tuesday as technology companies continued to recover from their recent losses. The approach of Hurricane Florence sent home improvement retailers and gas prices higher. The Department of Energy said it's seeing sig...
Tech stocks drop as Congress scrutinizes social media
NEW YORK (AP) — Technology companies dropped Wednesday as Facebook and Twitter executives testified before Congress. Consumer-focused companies like Amazon and Netflix also slumped. Facebook Chief Operating Officer Sheryl Sandberg and Twitter CEO J...
Health and tech stocks dip; Amazon flirts with $1 trillion
NEW YORK (AP) — U.S. stocks finished lower Tuesday as losses for health care and technology companies canceled out gains for banks. Another gain for Amazon briefly brought its market value to $1 trillion. Banks rose as interest rates climbed. Nike s...
Word that more China tariffs could come knock stocks lower
NEW YORK (AP) — U.S. stocks skidded late Thursday following a report that the Trump administration could put tariffs on $200 billion in Chinese goods as early as next week. After a weak start, stocks fell further after Bloomberg News said the U.S. g...
Stocks waver along with US-Canada trade talks
NEW YORK (AP) — Stocks hardly budged Friday as the U.S. and Canada were unable to complete a trade deal, but the two sides intend to continue negotiating next week. Energy companies slipped along with oil prices Friday and high-dividend stocks a...
Turkish turmoil knocks US and European stocks lower
NEW YORK (AP) — Stocks in the U.S. and Europe skidded Friday as investors worried about the financial stability of Turkey and how it might affect the global banking system. Turkish President Recep Tayyip Erdogan has accumulated more and more c...
Apple tops $1 trillion, leading gains for US stocks
NEW YORK (AP) — U.S. stocks climbed Thursday as Apple led a rally in technology companies and reached $1 trillion in value. Consumer products and health care companies rose as second-quarter results from corporate America continued to surpass i...
