NY Daily Record Since 1908
NEW YORK — Stocks are slightly lower in afternoon trading after the U.S. said economic growth slowed more than expected in the summer. Earnings reports came in mixed, with companies including Buffalo Wild Wings and camera maker GoPro plunging after ...
Read More »Global tensions can’t dent enthusiasm for stocks
A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank’s finances look shaky. And the U.S. stock market’s response? After dipping briefly on the bad news, it climbs higher. ...
Tagged with: stocks
Read More »US stocks drop; Citi and other big banks fall hard
NEW YORK — U.S. stocks edged lower in afternoon trading with bank stocks leading the way down. Stocks opened higher Monday but soon fell after an hour of trading. Cautious comments from the head of the European Central bank soured ...
Tagged with: Banks New York Stock Exchange stocks
Read More »Stocks rise sharply on solid corporate earnings
Stocks rose sharply early Friday after several big U.S. companies reported solid third-quarter earnings. The Dow Jones industrial average jumped 200 points. Fast-food giant McDonald's Corp. rose 3.3 percent, the most of any stock in the Dow ...
Tagged with: Dow Jones stocks third quarter
Read More »Stocks jump as Bernanke opens door to new stimulus
NEW YORK CITY — Stocks jumped Wednesday as Federal Reserve chairman Ben Bernanke opened the door to more action to stimulate the economy. In testimony before congress, Bernanke said the Fed would consider several options to get the economy going again.
Tagged with: Ben Bernanke Economy Federal Reserve stocks
Read More »US stocks plunge on European debt worries
NEW YORK CITY — Stocks plunged Monday after warnings about the finances of several European countries stoked fears that the region's debt crisis is worsening. The euro dipped briefly to its lowest level against the dollar in two months.
Read More »Stocks slide after unemployment claims jump
NEW YORK CITY — Renewed worries about the health of the job market drove stocks lower Thursday after the government reported an unexpected jump in unemployment claims. The Labor Department said that first-time claims for unemployment ...
Tagged with: Labor Department stocks
Read More »Stocks plunge as Japan nuclear crisis worsens
NEW YORK CITY — Stocks plunged Tuesday, sending the Dow Jones industrial average down almost 300 points at the opening, as the nuclear crisis in Japan intensified following a deadly earthquake and tsunami.
Tagged with: Dow Jones earthquake Japan stocks
Read More »Stocks turn mixed as lift from tax cuts fades
NEW YORK CITY — Stocks are turning mixed after three straight weeks of gains as momentum fades about a freshly signed tax-cut package. Major indexes are mostly lower in midday trading Monday, giving up earlier gains.
Tagged with: inflation President Barack Obama stocks tax cuts unemployment benefits
Read More »Stock sales help offset bailout losses
WASHINGTON, D.C. — Stock sales are helping the government offset projected losses from its $700 billion rescue of the financial system. The Treasury Department has brought in $35 billion ...
Tagged with: stocks Treasury Department
Read More »Jump in holiday retail sales pushes stocks higher
NEW YORK CITY — Stocks extended a rally Wednesday on signs that consumers are spending more this holiday season. Major retailers reported stronger sales for November in the latest encouraging signal on the economy. Stocks added to their gains in mid-morning trading ...
Tagged with: retail sales stocks
Read More »Stocks fall amid questions about Fed plan
NEW YORK CITY — Stocks slid Wednesday as concerns grew over whether the Federal Reserve's plans to buy Treasury bonds might be smaller and slower than anticipated. Another day of mixed earnings and economic reports ...
Tagged with: Economy Federal Reserve stocks Treasury
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