European stocks finished firmly higher on Friday, rallying in afternoon trade after a solid U.S. jobs report send the dollar soaring against the euro. An upbeat view on trade talks between the U.S. and China were seen as cooling tensions that have recently hurt markets world-wide, also helping lift stocks into the weekend. How markets […]
Apple and a solid jobs report lifted stocks on Friday. The Dow gained 332 points, and all but one of the 30 companies in the index finished higher. The Nasdaq climbed 1.7%, and the S&P 500 moved ahead 1.3%. Stocks finished mixed for the week. Apple rose 4% to an all-time high after Warren Buffett […]
Wall Street may have had doubts about Apple before the company reported its most recent quarterly earnings, but one of the tech company’s biggest shareholders — Warren Buffett — didn’t. In the first quarter, Buffett’s Berkshire Hathaway bought an astounding 75 million shares of Apple. That adds to the 165.3 million shares Berkshire already owned […]
U.S. stocks made up for a shaky week with a strong finish Friday as Apple led a rally in technology companies. The tech giant hit an all-time high after Warren Buffett said he’d made another big investment. Stocks got off to a mixed start after trade talks between the U.S. and China ended with few […]
The pan-European Stoxx 600 closed provisionally down 0.75 percent with every sector and major bourse trading in negative territory. Shares of Logitech jumped 6.5 percent, and led the gains across Europe, after announcing that there could be an increase in its gross margin targets. BPost fell 13 percent following an announcement that its full-year results […]
European stocks on Thursday closed near the lows of the day, with selling accelerating in the afternoon as U.S. stocks slumped at the start of their regular trading session, extending a downturn begun following the Federal Reserve’s Wednesday policy update on inflation and economic health. Investors were also sifting through a clutch of corporate earnings […]
Here Are 3 Hot Things to Know About Stocks Right Now Tesla Inc. shares fell 5.5% following CEO Elon Musk’s bizarre conference call following the release of the electric carmaker’s first-quarter earnings on Wednesday. The Dow Jones Industrial Average rose slightly after four straight days of losses. At one point Thursday, the Nasdaq traded below […]
NEW YORK — Modest gains for technology companies have helped U.S. stocks recover almost all of an early loss Thursday. Major indexes are little changed as banks fall along with interest rates and weak first-quarter results hit several health care companies. Tesla is skidding after the electric car maker posted another big loss, and Wall […]
Asian shares were mixed in early Thursday trade as investors digested an acknowledgment by the Federal Reserve overnight that inflation had moved nearer its target. South Korea’s Kospi index came under pressure in morning trade, with the benchmark slipping 0.24 percent while the junior Kosdaq edged higher by 0.18 percent. Banks and retailers mostly traded […]
Check out the companies making headlines before the bell: CVS Health – CVS reported adjusted quarterly profit of $1.48 per share, 7 cents a share above estimates. Revenue also beat forecasts. The company’s results got a boost from higher sales of prescription drugs at its stores, among other factors. Clorox – Clorox beat estimates by […]
Biotechnology stocks dominate our list of top charts to watch, with a uranium producer also advancing to the list. CASI Pharmaceuticals Inc. CASI, +11.62% rose 48 cents, or 7.2%, to $7.14 on 773,700 shares traded Tuesday. The move came on no news from the company, although the stock soared in early April on news that […]
U.S. stocks relinquished modest gains to close lower Wednesday, as the Federal Reserve acknowledged rising prices and said it now expects inflation to “run near” its 2% target “over the medium term,” in its most recent policy statement. The central bank held key rates unchanged, as expected. What are the main benchmarks doing? The Dow […]
