NEW YORK (AP) — Investors saw some new hints that inflation is increasing on Wednesday, but they still sent banks, technology firms, and consumer-focused companies climbing. That was a big change after the market’s inflation-inspired plunge earlier this month. After a shaky start, stocks rose for the fourth straight day, and banks made some of […]
Tag: stocks
US stocks edge lower in early trading; oil prices slide
By ALEX VEIGA, AP Business Writer The major U.S. stock indexes were down slightly in early trading Monday, as losses in technology companies outweighed gains elsewhere. Energy stocks also declined as crude oil prices headed lower. Banks posted solid gains as bond yields rose. Investors were weighing the latest corporate deal news, including Keurig’s acquisition of […]
Global stocks recoup losses, dollar steady as eyes on Trump
By YOUKYUNG LEE, AP Business Writer SEOUL, South Korea (AP) — Stocks mostly rose Friday, recouping losses from earlier in the week, as the dollar steadied against other currencies. Investors are watching for President Donald Trump’s comments later in the day to the World Economic Forum in Davos, Switzerland. KEEPING SCORE: Britain’s FTSE 100 gained 0.4 […]
Losses for airlines, tech mostly offset other stock gains
By MARLEY JAY, AP Markets Writer NEW YORK (AP) — U.S. stocks spent a second day flipping between small gains and losses Thursday as investors again looked for hints about the Trump administration’s stance on international trade and the dollar. Major indexes ended the day mixed as airlines plunged while biotech drug makers climbed. Homebuilders fell […]