The Dow Jones industrial average had its biggest surge in three years Thursday, rising sharply for a second day.
NEW YORK (AP) - It's the biggest day in three years for the Dow Jones industrial average had. The blue-chip index soared more than 400 points as the stock market extended a rally into a second day. The Dow closed up 421 points, or 2.4 percent, to 17,778. The S&P 500 gained 48 points, or 2.4 percent, to 2,061. The Nasdaq climbed 104 points, or 2.2 percent, to 4,748.
NEW YORK (AP) - Stocks are rallying for a second straight day. Oracle is leading a rally in technology shares after the business software maker reported earnings that were better than expected. The Dow Jones industrial average has been up about 300 points in early afternoon trading. The Nasdaq composite was more than 80 points higher and The Standard & Poor's 500 index rose more than 30.
One of the nation's largest food and commodity companies is encouraged by President Barack Obama's move toward normalizing relations with Cuba.
A pledge from the Federal Reserve to remain "patient" when deciding when to lift interest rates gave the stock market its biggest gain in more than a year yesterday.
NEW YORK (AP) - The stock market is closing with its biggest gain in more than a year after the Federal Reserve said it was in no rush to raise rates. The Standard & Poor's 500 gained 40 points, or 2 percent, to 2,012, the largest increase since October 2013. The Dow Jones industrial average rose 288 points, or 1.7 percent, to 17,356. The Nasdaq climbed 96 points, or 2.1 percent, to 4,644.
Sony Pictures has canceled the Dec. 25 release of "The Interview" after hackers threatened terrorists attacks and the largest multiplex chains in North America pulled the film.
The top theater chains in North America have dropped "The Interview" after hackers threatened terrorist attacks at theaters showing the comedy, effectively squashing the Christmas Day release of the film.
NEW YORK (AP) - Stocks are surging in afternoon trading on Wall Street, after the Federal Reserve promised a patient" approach to raising rates. The Dow Jones industrial average spiked 300 points after the announcement.
Global stocks are mostly lower today as oil prices tumble again and investors wait for a U.S. Federal Reserve statement on monetary policy.
Global stock markets are down again today, as are oil prices. Japan's Nikkei took the biggest hit among Asian markets, losing 2 percent.
Asian stocks have been sliding in Monday trading. The drop follows Wall Street's biggest weekly loss in more than two years amid another slump in oil prices.
NEW YORK (AP) - It's the worst weekly loss in two and a half years for the financial markets. A rout in oil prices shook the market yesterday as investors became concerned that slumping oil demand is signaling that growth outside of the U.S. is weaker than earlier thought. The Dow dropped 1.8 percent. The S&P 500 fell 1.6 percent and the Nasdaq lost 1.2 percent.
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