Tag Archives: St

Wall St. extends recent fall but ends well off day’s lows

NEW YORK (Reuters) – U.S. stocks fell on Tuesday after worries about the earnings outlook added to recent selling pressure, though major indexes ended well off the day’s lows as investors snapped up beaten-down shares late in the session. Shares of Caterpillar tumbled 7.6 percent after the heavy-equipment maker maintained its 2018 earnings forecast, following forecast increases in the previous ...

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Wall St. ends down while oil tumbles on demand worries

NEW YORK (Reuters) – Wall Street indexes fell in Tuesday’s volatile session though they had pared losses sharply by the closing bell as investors looked for bargains, but oil dropped sharply on demand worries. After falling as much as 2.3 percent in the morning, the S&P 500 gradually regained ground as the day wore on. Oil prices plunged about 5 ...

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Wall St. slides as Saudi Arabia, Italy add to economic concerns

NEW YORK (Reuters) – U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy’s budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia, further denting investors’ appetite for risk amid global trade tensions and rising interest rates. The benchmark S&P 500 index closed just ...

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Wall St. slides on Saudi Arabia, Italy concerns

NEW YORK (Reuters) – U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy’s budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 16, 2018. ...

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Wall St. falls as investors eye a united hawkish Fed

NEW YORK (Reuters) – Wall Street’s major indexes edged lower after a choppy session on Wednesday after the Federal Reserve showed broad agreement on the need to raise borrowing costs further, cementing investor concerns that had helped cause a major sell-off the week before. The S&P 500 .SPX zigzagged furiously between positive and negative territory after the 2 p.m. ET ...

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Wall St. slips as IBM disappoints; Fed minutes awaited

(Reuters) – U.S. stocks fell on Wednesday, a day after Wall Street’s strongest rally in seven months, as investors were disappointed with IBM’s results and remained cautious ahead of the minutes of Federal Reserve’s latest meeting. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 16, 2018. REUTERS/Brendan McDermid Shares of IBM ...

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Wall St. rallies over 2 percent with earnings, data boost

NEW YORK (Reuters) – U.S. stocks surged more than 2 percent on Tuesday after upbeat earnings reports from major companies including UnitedHealth and Goldman Sachs and solid economic data, as equities rebounded from a recent sharp sell-off. Wall Street’s three major indexes tallied their biggest one-day percentage gains since March. The small-cap Russell 2000 recorded its biggest single-session gain in ...

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Wall St. drops as Apple leads tech lower, Saudi tensions flare up

(Reuters) – U.S. stocks fell on Monday, coming off their worst five-day drop in seven months last week, as Apple led technology stocks lower and tensions between Western powers and Saudi Arabia added to already frayed investor nerves ahead of earnings. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 12, 2018. ...

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