Wall Street slips as trade worries dampen upbeat earnings

Wall Street slips as trade worries dampen upbeat earnings

NEW YORK (Reuters) – U.S. stocks ended slightly lower on Friday as escalating trade anxieties driven by U.S. President Donald Trump’s latest tariff threats against China offset a string of robust earnings led by Microsoft. The Dow Jones Industrial Average posted its third consecutive weekly gain, while the S&P 500 also rose for a third […]

Wall Street ends higher, helped by tech rally

Wall Street ends higher, helped by tech rally

(Reuters) – Wall Street ended higher on Monday after a choppy session, with gains in Apple and other technology stocks offsetting worries about an escalating trade war between Washington and its trading partners. Microsoft Inc (MSFT.O), Facebook Inc (FB.O) and Apple Inc (AAPL.O) each rose 1 percent or more, pushing the S&P 500 information technology […]

Wall Street advances with help from technology, financials

Wall Street advances with help from technology, financials

NEW YORK (Reuters) – U.S. stocks rose on Thursday as technology and other growth sectors rebounded from the prior day’s declines and financial shares snapped a 13-day losing streak. The technology sector rose 1.1 percent, adding the most gains to the S&P 500. The sector’s top gainer was consulting firm Accenture PLC, which rose 5.9 […]

Wall Street falls on Italy worries; bank shares drop

Wall Street falls on Italy worries; bank shares drop

NEW YORK (Reuters) – The S&P 500 and the Dow Jones Industrial Average registered their biggest one-day percentage drops in a month on Tuesday as political turmoil in Italy sparked concerns about the stability of the euro zone and shares of U.S. banks tumbled. Traders work on the floor of the New York Stock Exchange […]

Wall Street dips after Trump cancels North Korea summit; Netflix gains

Wall Street dips after Trump cancels North Korea summit; Netflix gains

NEW YORK (Reuters) – U.S. stocks ended down slightly on Thursday after President Donald Trump canceled a planned summit with North Korea’s Kim Jong Un and threatened to impose tariffs on auto imports, though losses were limited by gains in Netflix and General Electric. Trump’s order on Wednesday for an investigation into whether vehicle and […]

Wall Street posts weekly loss as banks, chipmakers weigh

Wall Street posts weekly loss as banks, chipmakers weigh

NEW YORK (Reuters) – The S&P 500 ended lower on Friday after a choppy trading session as bank and chipmaker stocks weighed on the index and investors grappled with U.S.-China trade talks. All three major U.S. stock indexes posted a weekly loss as the markets reacted to reports from the U.S.-China trade summit, rising U.S. […]

Wall Street rallies and Apple approaches $1 trillion value

Wall Street rallies and Apple approaches $1 trillion value

(Reuters) – Wall Street jumped on Thursday, and Apple inched closer to a $ 1 trillion stock market value, as tepid inflation data eased worries of faster U.S. interest rate hikes this year. Fueled by a $ 100 billion buyback plan unveiled last week, Apple rose 1.43 percent to a record high close of $ […]

At Milken, Wall Street touts itself as force for good

At Milken, Wall Street touts itself as force for good

BEVERLY HILLS, Calif. (Reuters) – The titans of finance who flock to the annual Milken Institute Global Conference each spring say they believe their quest for profits can also make the world a better place. Bill Barhydt, Founder and CEO, Abra, Alex Mashinsky, CEO, Celsius Network, Anna Irrera, Reuters FinTech Correspondent, Brent McIntosh, U.S. Department […]

Tobacco and tech drag on Wall Street; yields boost banks

Tobacco and tech drag on Wall Street; yields boost banks

NEW YORK (Reuters) – Wall Street’s three major indexes closed lower on Thursday, with tobacco stocks leading a tumble in consumer staples while concerns about smartphone demand hurt the technology sector and rising bond yields and earnings helped financials rebound. The market pared some losses late in the session after Bloomberg reported that Deputy Attorney […]

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