BEIJING — Stock and oil prices fell Tuesday as concern about the potential impact of a Chinese disease outbreak increased and a rating agency cut Hong Kong's credit rating for official borrowing due to political tension. Indexes in London and Frankfurt declined and Shanghai, Tokyo and Hong Kong closed sharply...
Stocks Slump as Trump Says Trade Deal With China Can Wait
Stocks fell broadly Tuesday after President Donald Trump cast doubt over the potential for a trade deal with China this year and threatened to impose tariffs on French goods. The selling knocked the Dow Jones Industrial Average more than 350 points lower had the S&P 500 on track for its...
Charles Schwab Buys TD Ameritrade in Brokerage Blockbuster
NEW YORK — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement accelerated by massive disruption in the online brokerage industry. Competitive pressure has already forced brokerages to make it free for customers to trade U.S. stocks online, and Schwab’s buyout combines two...
Stocks Head for Another Set of Records as Rally Continues
NEW YORK — U.S. stocks moved broadly higher Monday as investors extended a rally that puts the major indexes on track for another record-setting day. The Dow Jones Industrial Average was on pace to beat its record high close set in July. The S&P 500 is heading for its fourth...
Stocks Wobble in Early Trading on Latest Batch of Earnings
NEW YORK — U.S. stocks wobbled between small gains and losses in early trading on Wall Street Thursday as investors reviewed a mixed batch of corporate profits and financial forecasts. Technology stocks made the strongest gains. Microsoft rose 1.5% after handily beating Wall Street's quarterly profit forecast, and PayPal soared...
Stocks Edge Higher; S&P 500 Heads for Another Week of Gains
NEW YORK — U.S. stocks edged higher in midday trading on Friday as solid gains from health care companies offset a sliding technology sector. The S&P 500 rose 0.1% to 3,006 and is within 20 points of its all-time high. The index is headed for a fourth straight weekly gain,...
Yes, Stocks Are Up Again. No, Recession Worries Aren’t Gone
NEW YORK — The U.S. economy is sending some worrying signals about a possible recession, yet the stock market has gone on a what-me-worry ride toward record heights. What gives? Put simply, while the stock market watches the economy, the two don't always move in lockstep. If investors see that...
US Stocks Move Higher as China Eases Trade Tensions
Stocks rose broadly on Wall Street in afternoon trading Wednesday as investors welcomed China's move to exempt some U.S. products from a recent round of tariffs. Technology, health care and communication services stocks powered much of the gains for the benchmark S&P 500 index, which has been essentially flat for...
US Stocks Climb Amid Signs of a Thaw in US-China Trade War
Stocks marched broadly higher on Wall Street in midday trading Monday after President Donald Trump claimed China was willing to reopen talks on the costly trade war that has roiled markets and dimmed the outlook for global economic growth. Uncertainty remained high, however, about the next developments in the trade...
US Stocks Climb Amid Signs of a Thaw in US-China Trade War
Stocks marched broadly higher on Wall Street in midday trading Monday after President Donald Trump claimed China was willing to reopen talks on the costly trade war that has roiled markets and dimmed the outlook for global economic growth. Uncertainty remained high, however, about the next developments in the trade...