NEW YORK (AP) - Wall Street appears headed for its first weekly loss since the start of August. Utility company stocks are leading the market lower as investors dump dividend-rich stocks following a rise in Treasury yields, which rise when prices fall. Treasurys fell after news that retail sales in August rose faster than economists had forecast, suggesting that the Federal Reserve might start hiking interest rates sooner than expected.
International stock markets struggled for direction today as investors waited for a key Federal Reserve meeting next week.
NEW YORK (AP) - A sluggish September is continuing for stocks as investors assess the outlook for interest rates, the latest sanctions against Russia and volatile energy prices. Stocks ended the day mixed. The Dow Jones industrial average fell nearly 20 points to close at 17,049. The S&P 500 index rose nearly 2 points to 1,997. And the Nasdaq composite gained five points to 4,591.
Stocks are lower in afternoon trading as investors mull the outlook for interest rates, the latest sanctions against Russia and volatile energy prices.
International stock markets sank today under the weight of worries about the possible timing of a U.S. rate hike, economic weakness in China and an impending referendum on Scottish independence.
Asian stock markets notched modest gains today while European stocks lost ground in early trading. Futures point to a weak opening session today on Wall Street.
International stock markets were are mixed today with a number of Asian markets closed for a holiday.
NEW YORK (AP) - The S&P 500 is riding a string of 33 all-time highs this year. A surge in dividend-rich utility stocks helped push the index to a record yesterday. The S&P rose 10 points to 2,007, surpassing its previous record close of 2,003.37, set Aug. 29. The Dow Jones industrial average gained nearly 68 points to 17,137 on Friday and the Nasdaq ended up 20 1/2 points at 4,582.
International stock markets fluctuated today as investors waited for a key U.S. jobs report and currencies struggled against the dollar's strength, sending the Japanese yen to a six-year low.
NEW YORK (AP) - A slump in oil prices is weighing on the stock market, pushing the S&P 500 to its third straight loss. The index lost three points, or 0.2 percent, to close at 1,997. The tech-dominated Nasdaq slid 10 points, or 0.2 percent, to 4,562. The Dow Jones industrial average edged down 8 points, or 0.1 percent, to 17,069.
International stocks were lackluster today as investors looked ahead to a European Central Bank meeting and U.S. economic data.
NEW YORK (AP) - The stock market is closing mostly lower, pulled down by a fall in Apple and other technology companies. The S&P 500 lost 1 ½ points to close at 2,000 today. The tech-dominated Nasdaq slid 25 ½ points to 4,572. But the Dow Jones industrial average edged up nearly 11 points to 17,078.
Cease-fire talk in Ukraine has provided a boost, but technology stocks are tugging the main indexes down this afternoon.
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