U.S. stocks fell for a second straight day on Tuesday, with the Dow registering its biggest two-day drop since September 2016, pressured by healthcare stocks and rising bond yields. The Dow also had its biggest daily percentage decline since May 2017 and the day’s 1.37-percent fall was the second-biggest single-day drop since the election of […]
US markets have suffered a second day of steep losses, as investors dumped health care companies and Apple. The blue chip Dow Jones Industrial Average sank nearly 1.4%, marking its biggest one-day decline in months. The fall followed the news that Amazon, JPMorgan Chase and Berkshire Hathaway would create a new healthcare company with the aim of […]
Industrial automation, an aging society, self-driving cars, infrastructure and water Investors often to pay too much attention to the short term, and overlook lasting long-term trends that ultimately matter more to their portfolio. Sure, the recent government-shutdown fight was difficult to ignore. And yes, it’s hard to look away from the volatility in bitcoin. However, […]
If you’re looking for a sure thing in tech stocks these days, it seems you could do worse than shares of a couple of the biggest chip equipment makers, the companies that provide the tools to Intel and others to fabricate semiconductors. That’s the conventional wisdom, at least. But you may want to pause to […]
As earnings season gained steam this week, headlines in tech were rampant. But these three stories stood above the rest. Intel (NASDAQ: INTC) reported better-than-expected fourth-quarter results, Twitter (NYSE: TWTR) jumped on rumors that it could get acquired, and one analyst second guessed the Street’s optimistic view for Apple’s (NASDAQ: AAPL) guidance. Here’s what investors […]
Five great companies, all based in the south. But only four make this investor’s cut as worthy investments right now. The American South is known for its hospitality, humidity, and home cooking, but there’s a lot more to be found there. It has a growing population of dynamic and skilled workers, a modern transportation infrastructure […]
U.S. stocks closed sharply higher on Friday as quarterly earnings top estimates, while the economy continues to grow. The Dow Jones industrial average rose 223.92 points and hit intraday and closing records. The 30-stock index finished the session at 26,616.71. The S&P 500 gained 1.2 percent to 2,872.87, with tech and health care as the […]
U.S. stocks ended higher on Friday, with all three indices posting record highs, as economic data from the country came out overall positive. The Dow Jones Industrial Average added 223.92 points, or 0.85 percent, to 26,616.71. The S&P 500 increased 33.62 points, or 1.18 percent, to 2,872.87. The Nasdaq Composite Index was up 94.61 points, […]
Strong earnings from Intel and other companies drove Wall Street indexes to record closing highs on Friday, while the U.S. dollar remained weak after recent comments by the U.S. Treasury secretary. The S&P 500 jumped 1.2 percent, its biggest daily percentage gain since March 1. The S&P and the two other main indexes all notched […]
Anybody hoping for a replay of the stock market advance that followed U.S. President Donald Trump’s first address to Congress may be disappointed. This time around, shares could suffer if Trump does not tread carefully on hot-button issues. The S&P 500 jumped 1.4 percent the day after Trump’s speech last February, as an unexpectedly measured […]
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 drugmakers climbed. Homebuilders fell sharply after the Commerce Department said sales of new homes […]
Hedge fund manager Bill Miller warned clients that a rush out of bonds is about to “propel stocks significantly higher.” “I believe that if rates rise in 2018, taking the 10-year treasury above 3 percent, that will propel stocks significantly higher, as money exits bond funds for only the second year in the past 10,” […]
