Retailers and technology companies drive modest gains for stocks on Wall Street on Thursday, extending the market’s record-setting run.
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Posted inBusiness, Nation & World
U.S. stocks set more records after quiet pre-Christmas trading
Stocks closed modestly higher on Wall Street, extending the major indexes’ milestone-shattering run.
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Posted inBusiness, Nation & World
Fed lets interest rates stand, and forecasts expect no change in 2020
The record-long U.S. economic expansion is in its 11th year, a run that has driven unemployment to the lowest level since 1969.
Posted inBusiness, Nation & World
Stocks lurch to more record highs on conflicting U.S.-China trade reports
The U.S. trade war is a wildcard for the global economy, and markets are trading on every whiff of movement about it as a result.
Posted inBusiness, Nation & World
Dow hits record as stock market rally extends into 5th week
There are rising hopes that the United States and China are making progress in negotiations on their trade dispute, or at least that they’re no longer making it worse.
Posted inBusiness, Nation & World
S&P 500 hits all-time high on strong earnings, global trade optimism
The Dow is about 1% from its record close set in July.
Posted inOp-eds, Opinion
Commentary: Consumer strength doesn’t reflect where U.S. economy is going
Spending is always strong and unemployment low at the onset of a recession.
Posted inBusiness, Nation & World, Uncategorized
Stocks jump on planned resumption of U.S.-China trade talks
Financial markets are also bolstered by positive economic data showing that companies are still hiring at a solid pace and that productivity rose at a healthy rate last quarter.
Posted inBusiness, Nation & World, Uncategorized
Stocks rally on optimism for thaw in U.S.-China trade war
The gains reversed some of the major stock indexes’ hefty losses from Friday, when jitters over the latest escalation in the trade dispute roiled markets.
Posted inBusiness, Nation & World, Uncategorized
U.S. stock indexes end mostly higher after volatile day
The Dow Jones Industrial Average, coming off its worst day of the year, gains 99.97 points, or 0.4 percent, to 25,579.39.