Smaller stocks gain on bigger players as 2019 closes
Small and mid-cap stocks haven’t made quite as big gains this year as the larger indexes, but they could be poised for a breakout next year if the economy continues growing.
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Schwab boosts new trading accounts 31% after fees go to zero
Charles Schwab Corp.’s free trading offer is turning out to be a hit, drawing in new customers at a fast clip.
Major stock indexes climb to record highs
The Dow Jones industrial average returned to a record on Monday, joining other market gauges at all-time highs, as the stock market’s rally carried into a fifth week.
Stocks set another record amid growing economic caution
The strongest market performers in recent months have been companies that pay big dividends and are more likely to hold up during downturns. Investors, meanwhile, remain hesitant to plow their money into stocks.
Hopes for U.S.-China trade talks rise before Trump meeting
Financial markets, highly sensitive to the ups and downs of the U.S.-China economic relationship, surged Friday morning. The Dow Jones industrial average was up more than 420 points, or 1.6%, in late-morning trading.
Charles Schwab escalates online brokerage-fee war
Charles Schwab is betting the decision to lower or eliminate trading fees will help it attract customers, who’ve grown more vocal about the cost of investing.
Investors unforgiving after ANGI Homeservices stumbles
Investors in Angie’s List Inc. appeared to have hit the jackpot two years ago after the company merged with rival HomeAdvisor. Unfortunately, that love affair is officially over.
Stocks slide again as worries about global economy grow
The latest push to sell was fueled by a report showing hiring by U.S. companies slowed more than expected last month, particularly in mining and manufacturing.
Markets cap turbulent third quarter with positive end
U.S. stocks climbed Monday and gave one last nudge to ensure the Standard & Poor’s 500 emerged from yet another tumultuous quarter with a modest gain.
Investors hope Federal Reserve leader’s speech offers clarity
Against the backdrop of a vulnerable economy, Federal Reserve Chairman Jerome Powell takes center stage Friday with the financial world seeking information on whether last month’s first Fed rate cut in a decade likely marked the start of a period of easier credit.
Analysis: Is U.S. economy nearing a recession?
For now, most economic signs appear solid. Employers are adding jobs at a steady pace, the unemployment rate remains near a 50-year low and consumers are optimistic.
Major stock indexes fall 3% after indicator warns of possible recession
The yield on the 10-year Treasury briefly dropped below the two-year Treasury’s yield Wednesday morning for the first time since 2007. The so-called inversion has correctly predicted many past recessions.
U.S. delays China tariffs on some holiday-shopping favorites
By granting a grace period for everyday items such as some phones and toys, the U.S. concession appears designed to avoid any disruption or additional price increases for American consumers heading into the final four months of the year—from back-to-school purchases to Christmas shopping.
Markets recover from Monday sell-off after China buttresses its currency
U.S. stocks on Tuesday rebounded from their worst day of the year after Chinese efforts to stabilize the yuan reassured nervous investors that a global currency war had not been declared.
U.S. stocks claw back lost ground as China stabilizes currency
Technology stocks led the gains in a reversal of Monday’s slump, when they bore the brunt of the market sell-off that pushed U.S. indexes 3% lower.
Stocks suffer worst drop of the year after China counters tariffs with cheaper currency
Major stock indexes dropped dramatically on Wall Street on Monday, their worst loss of the year, after China countered President Donald Trump’s latest tariff threat by letting its currency weaken to the lowest level in more than 10 years.
U.S. stock indexes slide as China’s currency hits 11-year low
U.S. stocks nosedived in morning trading Monday as China’s currency fell sharply and stoked fears that the trade war between the world’s two largest economies would continue escalating.
Fed trims rate by quarter point, signals potential for more cuts
The rate reduction was the first since December 2008, when the Fed dropped its benchmark effectively to zero as it battled recession and financial crisis.
Cummins falls short of quarterly sales, profit forecasts
Shares of the Columbus-based engine maker dropped in early trading after second quarter results missed analyst expectations, even though sales and profit were up over a year ago.
Amazon’s big spending on one-day delivery dents profit, forecast
Moving millions of products closer to customers to enable one-day delivery proved more costly and complicated than expected, driving up expenses and reducing efficiency in the second quarter.